Mexico's Pemex produced 1.62 million barrels (MMbbl) of crude per day in January, less than any month in almost three decades, the state-owned oil company said on Feb. 22, underscoring the challenges facing a government that vows to pump far more in a few years.
Double Eagle Energy Holdings III LLC’s young co-CEOs have seen life-altering success in Oklahoma and Permian Basin deals. But it’s a renewable resource—relationships, that is—that powers the company.
King & Spalding on Jan. 29 announced that Alan Noskow has joined as a partner in the firm’s Corporate, Finance and Investments practice group in the Washington, D.C. office.
BP Ventures said Jan. 28 it has invested $5 million in Belmont Technology’s Series A financing to further bolster BP’s artificial intelligence (AI) and digital capabilities in its upstream business.
Plus, QEP Resources recently engaged Evercore to explore a sales process following a surprise takeover bid by activist investor Elliott Management in early January.