As Hart Energy announces the Forty Under 40 Class of 2025, industry movers and observers from Preng & Associates, Sidley Austin and the Energy Workforce & Technology Council take note of the challenges facing the up-and-coming workforce and come to the same conclusion: for companies to succeed, employees must feel heard.
As companies gear up to report on second-quarter earnings, here is a compilation of dividends declared in the months of May and June from select upstream, midstream and service and supply companies.
Diversified Energy will be the operator and servicer of the newly acquired proved developed producing oil and natural gas assets, which Carlyle intends to securitize.
The proceeds from the three-tranche offering will support capital investments, acquisitions and debt reduction.
BP named Simon Henry, who was previously the CFO at Shell, as a non-executive director, days after reports of a potential merger with Shell.
Ten years since Surge Energy incorporated and took a chance on difficult terrain, the privately held producer sets its sights on organic growth and corporate acquisitions.
Anschutz Exploration is avoiding the noise of market uncertainty in the Rockies’ Powder River Basin, operating under CEO Joseph DeDominic’s strategy of working “like you’re going to own it for the life of the well.”
An Exxon Mobil-led oil consortium has returned 2,534 square kilometers of the Stabroek Block in Guyana back to the government.
Knot Offshore Partners purchased shuttle tanker Daqing Knutsen from its subsidiary for $95 million, less $70.5 million of outstanding debt and $300,000 of capitalized fees.
In the last several years, adoption of a newer fiscal discipline model has afforded companies a lifeline amid market instability. Implementing return to capital programs can position companies to weather the volatility storm, Comerica Bank’s Jeff Treadway says.
Producers described external “chaos” and “antics” as well as “noise” and “turmoil” in trying to manage their E&Ps, according to quarterly survey results from the Dallas Federal Reserve Bank.
Investors in energy ETFs should be wary of short-term volatility in commodity-linked ETFs amid geopolitical tensions in the Middle East.
Family offices are stepping up with capital to fill in a large—but narrowing—investment gap between private equity’s pre-COVID days and now, said Stephens Managing Director Brad Nelson at Hart Energy's Energy Capital Conference.
ConocoPhillips has appointed Kathleen McGinty to serve as the 13th member of its board of directors.