Public Capital
Public Capital , Shale Plays
EnCap Director Leaves Devon Energy Board Following Disposition Transactions
D. Martin Phillips, a managing partner of EnCap Investments, resigned from the Devon Energy board of directors on March 5, effective immediately.
Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers
Riley Exploration Permian Provides Update Following Tengasco Merger
The company’s predecessor, private equity-backed Riley Permian, was formed with the goal of building a premier Permian Basin pure-play.
Public Capital , Master Limited Partnerships , Shale Plays , Acquisitions & Divestitures , Midstream
Noble Midstream Agrees to Chevron Buyout in $1.32 Billion All-stock Deal
Chevron said it had reached the buyout agreement with Noble Midstream on March 5, roughly a month after announcing a slightly smaller offer to buy out the pipeline operator.
Public Capital , People , Shale Plays
US Shale Producer Ovintiv Settles Proxy Fight with Kimmeridge Energy
Kimmeridge Energy began its push for changes at Ovintiv in November last year, flagging concerns about the U.S. shale producer’s executive compensation and lack of board refreshment.
Public Capital , Exploration & Production , Emissions , Renewables
Shell Changes Senior UK Leadership Ahead of Low-carbon Overhaul
As part of the management changes, Steve Phimister, head of Shell’s oil and gas operation in the North Sea since 2017, will be replaced.
Public Capital , Investment , Acquisitions & Divestitures , Trends
Oil and Gas Investor: The Great SPAC Comeback
SPACs have taken Wall Street by storm, raising billions for as-yet unidentified acquisition targets—but will they return to save the oil and gas space?
Public Capital
Former Apollo Partner Greg Beard Preps $200 Million Energy SPAC: Sources
Greg Beard, who previously headed Apollo’s global natural resources group for nearly a decade, will file for an IPO for a SPAC in the coming weeks, one of the sources said.
Public Capital , Investment , Emissions , Renewables , Technology
Chevron Backs Geothermal Power Developer for California Pilot Project
Chevron also signed a letter of intent for a potential pilot project in California to deploy heat power, which is an affordable form of renewable energy that can be harnessed from either geothermal resources or waste heat.
Public Capital , Health, Safety & Environment , Emissions
Shareholders Push SEC for Tougher Climate Regime for US Oil
Climate activists plan more green resolutions and ESG initiatives at annual shareholder meetings for oil and gas groups after ‘corporate-friendly’ Trump years.
Public Capital , Health, Safety & Environment , Emissions , Renewables
Exxon Mobil Names Activist Investor Jeff Ubben to Board amid Energy Transition Push
Exxon Mobil, which has faced fresh pressure from investors since late last year, also appointed Comcast executive Michael Angelakis to its board on March 1.