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.
Today’s featured 25 Influential Women in Energy honoree is Lindsay Grider, head of investor relations at Tailwater Capital based in Dallas.
Santos has a celebrated career as one of Alberta's top executives leading tech innovation, digital strategy, and ESG affairs provincially and globally.
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.
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.
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.
The swing to profit in the first quarter also comes as Marathon Oil and other shale producers slashed spending and production last year.
Production of critical minerals needed for clean energy technologies was much more concentrated than in the oil market, the IEA says.
Today’s featured 25 Influential Women in Energy honoree is Melinda Faust, managing director at Detring Energy Advisors based in Houston.
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.