The Latest

Business

Oil and Gas Investor A&D Trends: Fools, Liars, Charlatans

The oil and gas industry was not sunk, but 2020 did damage that will take time to assess before deeming it as salvageable or a wreck.

January 15, 2021

Public Capital

SEC Launches Probe of Exxon Mobil on Permian Basin Asset Valuation

Several people involved in valuing the Exxon Permian Basin asset during an internal assessment in 2019 said employees were being forced to use unrealistic assumptions, according to a report from the Wall Street Journal.

January 15, 2021

Business

Pre-Qualification Sector Needs a Customer-friendly Reset

Despite their rise across many sectors—including oil and gas—to simplify the connection between service providers and hiring firms, pre-qualifying company procedures have become too cumbersome, says CanQualify’s COO, Aaron Harker.

January 15, 2021

Public Capital

France’s Total Leaves API Citing Climate, Political Differences

Total’s departure will mark the first major energy company to quit API, which is the largest U.S. oil and gas lobby and the primary trade group for the industry.

January 15, 2021

People

Labor Union Warns of Potential Strike at Norway’s Onshore Oil, Gas Facilities

No date has yet been set for the negotiations, which will be led by a government-appointed mediator.

January 15, 2021

Investment

Chevron Invests in Carbon Capture Startup Blue Planet Systems

Chevron and San Jose-based Blue Planet also signed a letter of intent to collaborate on potential pilot projects and commercial development in some geographies.

January 15, 2021

Business

US Shale Producers Lock in Future Sales as Oil Prices Hit One-year High

U.S. shale producers that are hedging are likely locking in about 15% to 20% of production at a time, said Tom Petrie, chairman at energy investment bank Petrie Partners.

January 15, 2021

Business

Oil and Gas Investor Frac Capacity Trends: Pressured Pumpers

As well completions companies gear up for a new year following unprecedented times in the oil patch, analysts and industry executives shed light on the path ahead. Is this beleaguered sector regaining strength or just powering through?

January 15, 2021

Public Capital

Norway’s Equinor Selected for Largest-ever US Offshore Wind Award

The contract awarded to Equinor to provide generation capacity to New York with renewable power is set to position the Empire State as an offshore wind industry hub.

January 14, 2021

Public Capital

S&P Dow Jones to Remove Chinese Oil Giant CNOOC Due to US Sanctions

The Trump administration had added China's oil giant CNOOC to a blacklist of alleged Chinese military companies in early December.

January 14, 2021