Emily
Patsy
HartEnergy.com
Bankruptcy Risks Rise For US Shale
Credit crunch looms for U.S. shale producers as ‘staggering’ amount of debt nears maturity.
Mark Papa To Retire From Centennial Resource Development
Following Mark Papa’s retirement, the board of Permian shale operator Centennial Resource Development has decided to separate the roles of chairman and CEO.
Varying Shades Of Green: Big Oil’s Different Energy Transition Approaches
From renewable power projects to cutting emissions from oil and gas operations, supermajors on both sides of the Atlantic are taking different approaches to going greener.
Bakken, Rockies Shale: Business Is Different, But Still Viable
At DUG Bakken and Rockies, shale executives acknowledged the headwinds, but remained optimistic about the opportunities in the Powder River Basin, the Bakken and, yes, even Colorado.
The Latest
Public Capital
BP To Quit Western Energy Alliance, Other Trade Groups Over Climate Policies
Western Energy Alliance and two other U.S.-based trade organizations do not “share our ambitious and progressive approach to the energy transition,” says BP CEO Bernard Looney.
February 26, 2020
Restructurings
Bankruptcy Risks Rise For US Shale
Credit crunch looms for U.S. shale producers as ‘staggering’ amount of debt nears maturity.
February 26, 2020
Business
Trump Admin In Talks About Chevron’s Operations In Venezuela
The Trump administration is in discussions about whether to renew a license for Chevron's operations in Venezuela as Washington looks to increase pressure on its socialist leader.
February 26, 2020
Business
Centennial Resource Development Sells Off Permian Water Assets For $225 Million
Upon closing of the acquisition, WaterBridge will handle all of Centennial Resource Development's produced water in the Southern Delaware Basin.
February 25, 2020
Business
Schlumberger CEO: US Shale Oil Production Growth To Slow In 2020
Lower oil prices and investor demand for higher returns have forced U.S. shale producers to scale back investment after production surged over the past three years.
February 25, 2020
Earnings
ProPetro’s Board Audit Finds ‘Multiple Material’ Weaknesses
U.S. oilfield services provider ProPetro released preliminary fourth-quarter results on Feb. 24, estimating revenue of between $431 million and $437 million, up slightly from last year.
February 25, 2020
Business
Alaska Oil: Polar Regress
Even with giant deals, massive oil discoveries and a move west of its legacy fields, Alaska begins 2020 looking to pick up the slack from production declines, debt and the threat of higher taxes.
February 25, 2020
People
Mark Papa To Retire From Centennial Resource Development
Following Mark Papa’s retirement, the board of Permian shale operator Centennial Resource Development has decided to separate the roles of chairman and CEO.
February 24, 2020
People
Kosmos Energy CFO Thomas Chambers Set To Retire
Kosmos Energy CFO Thomas P. Chambers is set to retire after a decades-long career in oil and gas, the Dallas-based E&P company said Feb. 24.
February 24, 2020
People
Alerian Unveils Ammys Hall Of Fame 2020 Inductees
The Ammys is a set of awards given annually by Dallas-based Alerian to recognize excellence in the North American energy infrastructure industry.
February 24, 2020