Devon Energy Targets Oil Transformation By Year-End 2019
Oklahoma City-based Devon Energy launched plans for its transformation on Feb. 19 including the possible sale or spin-off of its Canadian and Barnett Shale assets.
February 19, 2019
Public Capital
Mid-Con Energy Reveals Over $87 Million In Deals Including Texas Exit
In a two-hitter, Mid-Con Energy agreed to sell substantially all of its Texas properties while also picking up producing Oklahoma properties.
February 19, 2019
Noble Energy Posts Slight Profit Miss; Forecast Lower 2019 Capex
By the end of 2019, Noble Energy's U.S. land business will underpin production growth of 5% to 10% per year, said CEO David Stover in a statement on Feb. 19.
February 19, 2019
Smid-Cap Oil And Gas Stocks At Bargain Prices
Analysts name small- and midcap stocks to watch this year and into 2020.
February 18, 2019
Enbridge Quarterly Profit Beats Estimates On Higher Crude Shipments
Enbridge has been working on replacement works on its massive Line 3 pipeline, running from Alberta to Wisconsin, to restore its capacity to 760,000 bbl/d.
February 15, 2019
US Judge Rules Former Venezuelan Oil Minister Owes Defunct Harvest Natural $1.4 Billion
A federal judge in Houston ordered a former Venezuelan oil minister this week to pay the owners of Harvest Natural Resources $1.4 billion in damages in a fraud suit.
February 15, 2019
Berkshire Hathaway Buys Stake In Canada’s Suncor Energy
Warren Buffett’s Berkshire Hathaway purchased a stake in Suncor Energy, sending the U.S.-listed shares of the Canadian oil and gas producer up 4% in after-market trading.
February 14, 2019
Keystone Operator TransCanada Profit Beats On Higher Pipeline Demand
TransCanada's earnings from its liquids pipelines came in at $399.49 million compared with a loss of $699 million a year earlier.
February 14, 2019
Saudi Aramco Reportedly Selects Banks For Debut International Bond
Saudi Aramco, the world’s top oil producer, plans to issue its first international bonds in the second quarter of 2019, likely worth about $10 billion, Saudi Energy Minister Khalid al-Falih said last month.
February 14, 2019
Aker Energy Eyes IPO After Submitting Ghana Oil Field Plan In March
Norwegian oil company Aker said on Feb. 14 that its exploration start-up in Ghana will submit development plans to Ghanaian authorities in March and the parent will then decide whether to sell stakes via an IPO or other means.
February 14, 2019