Restructurings

Restructurings , Public Capital , Shale Plays , Trends

US Shale Producers Could Face Another Bankruptcy Wave

Investor pressure for financial discipline could be leaving some E&P companies with nowhere to go but back into bankruptcy.

June 10, 2019

Restructurings , Public Capital , Technology

Weatherford To File For Chapter 11 Bankruptcy

Oilfield services provider Weatherford International Plc, burdened by a heavy debt load and years of losses, said on May 10 it would file for Chapter 11 bankruptcy protection.

May 11, 2019

Restructurings , Midstream

Southcross Energy Commences Chapter 11 Reorganization

Company has $255 Million in committed financing and expects to continue operations.

April 1, 2019

Restructurings , Public Capital , Exploration & Production , Shale Plays

Vanguard Natural Resources Falls Back Into Bankruptcy

Vanguard Natural Resources filed for Chapter 11 protection on April 1, marking the second time the Houston-based E&P has entered bankruptcy since the 2014 oil crash.

April 1, 2019

Restructurings , Public Capital , Renewables , Storage

PG&E Bankruptcy Threatens Major Battery Storage Project

The bankruptcy poses a threat to California's climate change ambitions by putting in limbo dozens of large solar, wind, and other clean energy projects PG&E has contracted with other companies.

March 25, 2019

Restructurings , Public Capital , IPO , Earnings

Report: E&P CEOs Salaries Rose 5% Last Year

Average total compensation for CEOs and CFOs at E&P companies increased last year vs. 2017 primarily due to the value of long-term incentives.

March 19, 2019

Restructurings , Public Capital , Deepwater

Delek Drilling Considers London IPO For Leviathan Gas Stake

Delek Drilling is considering listing its holdings in the Leviathan natural gas field off Israel's Mediterranean coast on the London Stock Exchange as part of a corporate restructuring.

March 18, 2019

Restructurings , Public Capital , Exploration & Production

PetroQuest Energy Emerges From Bankruptcy With New Board

PetroQuest Energy completed its Chapter 11 reorganization and emerged from bankruptcy with nearly $300 million of its debt cleared.

February 11, 2019

People , Restructurings , Company Profiles

Forty Under 40: Paul F. Jansen, Conway MacKenzie

Today’s Forty Under 40 honoree is Paul F. Jansen, managing director in Conway MacKenzie’s energy consulting practice where he has played a key role in developing new business opportunities.

November 28, 2018

Restructurings , People , Policy & Regulations , Technology , Midstream

Castello Branco To Be New Petrobras CEO Under Bolsonaro

Brazil's incoming far-right government on Nov. 19 tapped a University of Chicago-trained economist with experience in the oil sector to be the chief executive of state-controlled Petroleo Brasileiro SA, amid a debate over privatization of the company's assets.

November 19, 2018