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Amber CEO Goff Resigns from Exxon Mobil Board
The CEO of Amber Energy Inc., the winning bidder of Citgo Petroleum for an auction price of $7.3 billion, resigned from Exxon Mobil Corp.’s board of directors last week.
In Memoriam: Jay Precourt (1937-2024)
Legendary wildcatter Jay Precourt leaves behind legacy of philanthropy in Colorado and at Stanford University.
Dividends Declared the Week of Oct. 14
As third-quarter earnings are underway, here is a compilation of dividends declared from select upstream and midstream companies.
Delek Logistics Partners Raises $166MM in Offering to Pay Debt
Delek Logisitics Partners closed an offering of 4.42 million common units to generate gross proceeds of $166 million.
The Latest
New Fortress Energy Appoints New President
New Fortress Energy Inc. has appointed Andrew Dete, managing director, to the role of president.
BP Energy Partners Invests in Pipeline Inspection Company Novitech
BP Energy Partners will invest in Novitech, whose Micron Technology is a leading pipeline inspection technology in the energy industry.
Matador May Tap Its Haynesville ‘Gas Bank’ if Prices Stabilize
The operator holds 8,900 net Haynesville Shale acres and 14,800 net Cotton Valley acres in northwestern Louisiana, all HBP, that it would drill if gas prices stabilize—or divest for the right price.
NextEra Ponders Nuclear Plant Restart as Backlog Climbs
NextEra Energy’s CEO is considering restarting the Duane Arnold nuclear plant as electricity needs, particularly from data centers, are growing.
Mexico Pacific Working with Financial Advisers to Secure Saguaro LNG I FID
Mexico Pacific is working with MUFG, Santander and JP Morgan to arrange the financing needed to support FID and the anchor phase of Saguaro Energía LNG.
Amber CEO Goff Resigns from Exxon Mobil Board
The CEO of Amber Energy Inc., the winning bidder of Citgo Petroleum for an auction price of $7.3 billion, resigned from Exxon Mobil Corp.’s board of directors last week.
In Memoriam: Jay Precourt (1937-2024)
Legendary wildcatter Jay Precourt leaves behind legacy of philanthropy in Colorado and at Stanford University.
SLB Earnings Rise, But Weakened 4Q and 2025 Ahead Due to Oil Glut
SLB, like Liberty Energy, revised guidance lower for the coming months, analysts said, as oilfield service companies grapple with concerns over an oversupplied global oil market.
EnCap Closes $6.4B for E&P Fund, Including Co-investments
EnCap’s Fund XII raised $5.25 billion for work in U.S. oil and gas basins. Coupled with its energy transition and midstream funds, the private equity firm has collectively raised $9 billion this year.
Dividends Declared the Week of Oct. 14
As third-quarter earnings are underway, here is a compilation of dividends declared from select upstream and midstream companies.