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

Restructurings , People , Technology

Venezuela Shakes Up PDVSA Management As Oil Production Tanks

Venezuela is tapping at least five new top executives to state oil company PDVSA, six sources said on Oct. 17, but the changes are unlikely to halt the unraveling of the OPEC member's oil industry under military management.

October 18, 2018

Restructurings , Crude Oil , Acquisitions & Divestitures , Storage

CVR Refining Announces Taking Bids On Cushing Tank Farm Assets

CVR Refining, LP (NYSE: CVRR), a refiner and marketer of petroleum fuels, on Sept. 17 announced that it intends to sell its Cushing, Okla., crude oil tank farm and currently is entertaining bids from potential purchasers.

September 18, 2018

Company Profiles , Restructurings , Exploration & Production , Acquisitions & Divestitures

Fieldwood Energy: Voyage From Debt To The Deep

Fieldwood entered Chapter 11 with a simultaneous deal to buy Gulf of Mexico assets from Noble Energy while taking pains to meet obligations to employees and more than 700 vendors.

July 10, 2018

Service Contracts , Restructurings , Unconventional , Technology , Acquisitions & Divestitures , Lease Sales

SAExploration To Buy Certain Assets From Bankrupt Geokinetics

As part of a stalking-horse bid, SAExploration offered to acquire bankrupt Geokinetics' equipment and machinery, seismic processing software and equipment, and certain contracts with large E&P companies.

June 28, 2018