Abdelghani
Henni
Contributor
Saudi Arabia, UAE Unveil Plans, Ambitions At WEC 24
The 24th edition of the World Energy Congress shined the lights on critical issues facing the energy sector, and key requirements to unlock potential and abundant opportunities.
ConocoPhillips, Private Equity See Shale Growth Opportunities
Technology could help unlock more barrels from shale plays, as it has in the past, but comfort levels pose challenges amid tough market conditions.
Alta Mesa Succumbs To Bankruptcy; Names Mark Castiglione CEO
Alta Mesa Resources, a Houston-based independent which bet big on Oklahoma’s Stack, joins a growing number of U.S. shale producers that have filed for bankruptcy so far this year.
Montage Resources Executive Q&A: Appalachian Blend
In a basin full of bigs, the combination of Eclipse Resources and Blue Ridge Mountain Resources to form Montage Resources creates a compelling gas and liquids growth story despite commodity headwinds. The question: Will Wall Street notice?
The Latest
Public Capital
Energy Transfer Signals Course Change With SemGroup Acquisition
Energy Transfer agreed on Sept. 16 to acquire Tulsa, Okla.-based SemGroup in a cash and stock transaction valued at roughly $5.1 billion.
September 16, 2019
People
Basic Energy Services CEO T.M. Patterson To Step Down
Basic Energy Services said CEO T.M. “Roe” Patterson notified the company on Sept. 13 that he plans to transition away from the company to pursue other business opportunities.
September 16, 2019
IPO
Saudi Arabia, UAE Unveil Plans, Ambitions At WEC 24
The 24th edition of the World Energy Congress shined the lights on critical issues facing the energy sector, and key requirements to unlock potential and abundant opportunities.
September 15, 2019
Public Capital
Diamondback’s Viper Subsidiary Continues Growth Spurt With Santa Elena Deal
The all-equity deal follows an already blockbuster year for Viper Energy Partners including the $700 million dropdown acquisition the company announced in July.
September 13, 2019
Private Equity
ConocoPhillips, Private Equity See Shale Growth Opportunities
Technology could help unlock more barrels from shale plays, as it has in the past, but comfort levels pose challenges amid tough market conditions.
September 13, 2019
Investment
Redburn Says Big Oil No Longer A ‘Buy’ As Peak Demand Looms
Redburn, the equity research house, has removed all “buy” ratings from the biggest integrated oil companies, arguing that the industry faces an “existential risk” as long-term forecasts for oil demand are up to 30% too high.
September 13, 2019
Investment
Rice Brothers Boost Investment In Fracking Software Company
Rice Investment Group, formed by Daniel, Toby and Derek Rice, made its initial investment in the fracking software company Cold Bore in October 2018.
September 12, 2019
Restructurings
Alta Mesa Succumbs To Bankruptcy; Names Mark Castiglione CEO
Alta Mesa Resources, a Houston-based independent which bet big on Oklahoma’s Stack, joins a growing number of U.S. shale producers that have filed for bankruptcy so far this year.
September 12, 2019
Public Capital
Montage Resources Executive Q&A: Appalachian Blend
In a basin full of bigs, the combination of Eclipse Resources and Blue Ridge Mountain Resources to form Montage Resources creates a compelling gas and liquids growth story despite commodity headwinds. The question: Will Wall Street notice?
September 12, 2019
Investment
GE Begins Divestment Of Baker Hughes With $2.7 Billion Share Sale
General Electric Co. (GE) on Sept. 11 said it plans to reduce its ownership in oil and gas company Baker Hughes A GE Co to 38.4% from 50.4% at June-end, and aims to raise $2.7 billion in the process.
September 11, 2019