The Latest

Investment

US Offshore Wind Power Spending Has Oil in Its Sights

From zero 10 years ago, U.S. offshore wind projects set for $78 billion in capital investment this decade.

July 8, 2020

Business

Former EnerVest Affiliate to Sell Remaining Assets, Pay Back Shareholders

The divestiture includes the sale of its Appalachian Basin position, which Harvest Oil & Gas said in a statement will represent “substantially all of the assets of the company.”

July 8, 2020

Investment

PATH FORWARD: Production Lending Execs on Which Deals Are Still Closing

Abhishek Kumar and Ryan Childs of Production Lending explain what lending to oil and gas operators in the ‘new normal’ looks like.

July 8, 2020

Private Equity

Sabine Oil & Gas Forms Midstream JV in East Texas Carthage Area

The JV transaction marks Osaka Gas’ first acquisition in the midstream business in the U.S. following the Japanese company’s purchase of Sabine Oil & Gas late last year.

July 8, 2020

Public Capital

Coronavirus Pain Drives Big Oil’s Dash for Record Debt

The world's top seven energy firms—BP, Shell, Exxon Mobil, Chevron, Equinor, Total and Eni—raised $60 billion in debt in the quarter, nearly half of the $132 billion in oil and gas sector borrowing over the period.

July 8, 2020

Restructurings

Opportune Taps David Morris to Lead Dallas-based Restructuring Practice

As managing director of Opportune subsidiary Dacarba, David Morris’ principal focus will be guiding oil and gas companies through corporate restructurings, turnaround management, transactional due diligence and advising on Chapter 11 bankruptcies.

July 7, 2020

Business

Private Minerals Companies: Solid (Relatively) as the Rock

A brutal downcycle hurts all, but don’t mistake mineral portfolios with struggling E&Ps. The nature of their part of the business means less risk but greater stability in times like these.

July 7, 2020

Investment

Chevron’s Barbara Burger on Startup Ecosystem, New Ventures amid Downturn

Capitalizing on the industry slump, the Houston-based venture firm is actively pursuing new investments across the energy sector.

July 7, 2020

Public Capital

Former Halliburton Head David Lesar Named CEO of CenterPoint Energy

CenterPoint Energy recently tapped David Lesar, the former head of Halliburton, to lead the Houston-based electric and natural gas utility company through its next phase of growth.

July 6, 2020

Business

US Oil Industry Loses Jobs While Other Sectors Gain

Political swing states are among those hardest hit as oil and gas employment continues to fall, analyst says.

July 6, 2020