The Latest

Public Capital

Debt-laden Lilis Energy To Sell Permian Basin Acreage Chunk

Lilis Energy plans to use the roughly $24.9 million of cash proceeds from the Permian Basin acreage sale to fund a substantial portion of its borrowing base deficiency.

February 14, 2020

Public Capital

Enbridge To Acquire Rio Bravo Pipeline In $25 Million Cash Deal

The Rio Bravo Pipeline is poised to support transportation of natural gas production from the Permian Basin and Eagle Ford Shale to NextDecade’s Rio Grande LNG project in Brownsville, Texas

February 14, 2020

Public Capital

Opinion: Big Oil Is Facing An Existential Struggle

BP’s ambitious climate targets set a challenge for its global oil and gas peers.

February 14, 2020

Business

Oil And Gas Talent: Leading A Diverse Workforce

When a shared goal is viewed from multiple angles, a team can achieve it more effectively. That’s why diversity is crucial for oil and gas.

February 14, 2020

Earnings

TC Energy Profit Misses On Lower Keystone Pipeline Volumes

TC Energy's earnings from its oil pipelines, of which Keystone is the biggest contributor, plunged 33.3% to C$355 million in the fourth quarter.

February 13, 2020

Investment

KeyBanc: Volatility To Drive Oil, Gas Prices In 2020

The current oil and gas investor environment is “the worst we’ve seen in multiple decades,” says KeyBanc analyst Leo Mariani.

February 13, 2020

Earnings

Marathon Oil Profit Misses Estimates As Prices Tumble

Marathon Oil's quarterly results mirrored weaker earnings across the sector, as prices of global crude fell in the quarter on oversupply and demand concerns.

February 13, 2020

Public Capital

EQT Launches Up To $400 Million Debt Buyback

Shale gas producer EQT said it plans to purchase for cash up to $400 million of its senior notes due 2021 in a debt tender offer expiring March 16.

February 12, 2020

Public Capital

BP’s Net-Zero Goals Sees The Major Dwindle Oil Activity

BP’s shift to becoming a net-zero company uncovers an eventual transformation of its upstream oil and gas business.

February 12, 2020

Earnings

Noble Energy Takes Over $1 Billion Charge Related To Eagle Ford Assets

Noble Energy President Brent Smolik, in a post-earnings conference call, said the company would consider monetizing the Eagle Ford Shale asset "if somebody came with a big enough check."

February 12, 2020