The Latest

Public Capital

W&T Offshore Acquires ConocoPhillips Deepwater Assets In US Gulf

The deal adheres to a plan W&T Offshore outlined earlier this year as necessary to drive increased shareholder value from acquisitions, says CEO Tracy W. Krohn.

December 12, 2019

Public Capital

Upstream M&A, Capital Raising Fell To Around $63 Billion Last Quarter

M&A and capital raising value in the upstream fell by 50% from the previous quarter’s $126.8 billion, totaling $63.4 billion, according to a recent report.

December 12, 2019

Public Capital

Saudi Aramco Hits Crown Prince's $2 Trillion Valuation Goal

Aramco's IPO is the centerpiece of the Saudi crown prince's vision for diversifying the kingdom away from its oil dependence by using the $25.6 billion raised to develop other industries.

December 12, 2019

Public Capital

Canada's Encana Files Paperwork For Shifting Base To US

Encana, once among Canada's largest oil companies, has been shifting its focus to the U.S. and earlier this year closed on its purchase of Texas-based Newfield Exploration.

December 12, 2019

Investment

Epic Y-Grade Makes FID Of Second Greenfield Fractionator, Upsize Of Term Loan

Company will build its second fractionator in Robstown, Texas, bringing the capacity of the project to 270,000 bbl/d.

December 12, 2019

People

Forty Under 40: Jill McMillan, EnLink Midstream

Today’s featured Forty Under 40 honoree is Jill McMillan, who played an integral role in the creation of the EnLink Midstream brand when the company was formed through a merger of Crosstex Energy and Devon’s midstream assets.

December 12, 2019

Public Capital

Continental Resources Names Next CEO As Harold Hamm Steps Into New Role

Effective Jan. 1, Harold Hamm, currently chairman and CEO, will become executive chairman. Meanwhile, William Berry is set to join Continental Resources as CEO.

December 11, 2019

Company Profiles

Young E&P Entrepreneurs: Start Them Up

In an unpredictable market, newly minted E&Ps have abandoned the old models of building ready-to-drill assets and instead are forging ahead with new models, operating strategies and leaders.

December 11, 2019

Public Capital

Talos Acquires GoM Assets In $640 Million Swoop

Talos Energy signed agreements with three different private E&Ps to acquire assets that include over 40 identified exploration prospects located on roughly 700,000 gross acres in the U.S. Gulf of Mexico.

December 11, 2019

Business

23rd World Petroleum Congress Announces Plenary Speakers

Top industry leaders to share insights at triannual event in Houston, December 2020.

December 11, 2019