The Latest

Earnings

EOG Resources First-quarter Profit Surges as Oil Prices Rebound

Rising oil prices have sparked optimism for EOG Resources and other shale producers after enduring a year of destruction in the oil markets, with WTI futures in the U.S gaining 23% in the first quarter.

May 6, 2021

Private Equity

Women in Energy: Lindsay Grider, Tailwater Capital

Today’s featured 25 Influential Women in Energy honoree is Lindsay Grider, head of investor relations at Tailwater Capital based in Dallas.

May 6, 2021

People

Shell Veteran Arnel Santos Joins mCloud to Lead ESG Efforts

Santos has a celebrated career as one of Alberta's top executives leading tech innovation, digital strategy, and ESG affairs provincially and globally.

May 6, 2021

Public Capital

EQT Expands Marcellus Position in Nearly $3 Billion Acquisition

EQT projects the acquisition, which adds a new operating position in the northeast Marcellus Shale play in Pennsylvania, will increase its free cash flow by 55%, or $2 billion, through 2026.

May 6, 2021

Public Capital

Pioneer’s Recent Multibillion-dollar Buying Spree Strengthens US Shale, CEO Says

Pioneer Natural Resources’s acquisition of privately backed DoublePoint Energy “helps the situation,” CEO Scott Sheffield said in reference to rising fears of a U.S. shale drilling binge.

May 6, 2021

Public Capital

Exxon Mobil Expects $200 Million in Charges for Job Cuts This Year

Exxon Mobil, the biggest U.S. oil producer, has slashed costs, delayed projects and said it could trim an estimated 14,000 employees globally, or 15%, including contractors.

May 5, 2021

Public Capital

Marathon Oil, Apache First-quarter Profit Beats Estimates

The swing to profit in the first quarter also comes as Marathon Oil and other shale producers slashed spending and production last year.

May 5, 2021

Business

Energy Transition Could Be Delayed by High Metal Prices, Warns IEA

Production of critical minerals needed for clean energy technologies was much more concentrated than in the oil market, the IEA says.

May 5, 2021

Influential Women

Women in Energy: Melinda Faust, Detring Energy Advisors

Today’s featured 25 Influential Women in Energy honoree is Melinda Faust, managing director at Detring Energy Advisors based in Houston.

May 5, 2021

Private Equity

EnCap Raises $1.2 Billion for Firm’s First Energy Transition Fund

EnCap Investments has already deployed capital from its first energy transition fund in five platform investments in the battery storage, distributed power and utility-scale solar and wind sectors.

May 5, 2021