Public Capital
Public Capital , Investment , Health, Safety & Environment , Emissions , Renewables
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.
Public Capital , International
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.
Restructurings , Public Capital , Exploration & Production , Shale Plays
Chesapeake Energy Bankruptcy Plan Giving Lenders Control Approved by US Judge
The bankruptcy plan will allow Chesapeake Energy to emerge "a stronger and more competitive enterprise," spokesman Gordon Pennoyer said.
Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures
Equinor Considers Selling Bakken Shale Assets
Equinor's spokesman told Reuters the Norwegian oil and gas company was reviewing its whole portfolio, including its assets in the U.S., following its CEO change last year.
Public Capital , Policy & Regulations
Chevron CEO Says Reviewing Political Donations after US Capitol Assault
CEO Mike Wirth also said on Jan. 12 that Chevron expected to find "common ground" with the Biden administration on the economy and jobs, and expected the world to transition to a "lower-carbon energy system over time."
Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers
Pioneer Completes Parsley Energy Acquisition through All-stock Merger
The all-stock acquisition of Parsley Energy valued at over $7 billion gives Pioneer Natural Resources combined control of nearly 1 million acres across the Permian Basin with positions in both the Delaware and Midland sub-basins.
Public Capital , Exploration & Production , Acquisitions & Divestitures , Mergers
Premier Oil Shareholders Approve Merger to Create Largest UK North Sea Producer
Shareholder approval for the transaction with Chrysaor has now been received, says Premier, which will be renamed Harbour Energy but maintain its London listing.
Public Capital , People , Exploration & Production , Shale Plays
Former Noble Energy Exec Brent Smolik Joins Marathon Oil Board
The addition of Brent Smolik, formerly president and COO of Noble Energy, increases the size of the Marathon Oil board of directors to nine, according to a company filing.
Restructurings , Public Capital , Exploration & Production , Shale Plays
Chesapeake Energy Worth $5.13 Billion on Bankruptcy Exit, Judge Says
Chesapeake Energy's value has soared since its June bankruptcy filing, the U.S. judge overseeing the natural gas producer's trial indicated, and is worth $5.13 billion, far above the shale gas pioneer's estimate.
Public Capital , Investment , Exploration & Production , Shale Plays , Trends
Want Alpha Returns? In the Oil Patch, Beta Always Dominates
The age of the driller is over, industry expert Chuck Yates says, and the oil and gas companies that outperform going forward will be valued on different metrics.