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Civitas Resources in the D-J Basin is aligning executive compensation with stakeholders, meeting emissions reduction targets and is on target to generate $1 billion in annual free cash flow this year. And inside its C-suite, a millennial woman from Colombia is showing everyone how it’s done.
Meanwhile, the first days of December bring opportunities that may upend oil economies around the world as Russian sanctions kick in and OPEC reconvenes in Vienna.
A survey report finds volatile market conditions and high fuel prices are driving the energy transition—differently than a year ago.
Domestic producers historically – and overwhelmingly – support Republican candidates up and down, but decade after decade, the data shows the industry makes more money when Democrats are in office.
Fractured federal and state governments are unlikely to shake up energy policy in the short term, experts say ahead of the U.S. midterm elections.
Devon Energy focuses on a business model that bakes shareholder returns into its base formula, enabling growth and investor prosperity during tough times, Corporate Development Officer David Harris told Hart Energy A&D conference attendees.
U.S. President Joe Biden’s pledge to penalize Saudi Arabia for massive OPEC oil cuts puts the Biden administration in reactive mode as midterm elections loom.
Russia’s invasion of Ukraine tilts the LNG market to favor the U.S., which has drilled and innovated its way to become a key global exporter of LNG—thanks in large part to the persistence of Charif Souki.
You can probably call it a comeback—for both natural gas and the company that pioneered the shale drilling of it. The second quarter showed that Chesapeake Energy Corp. is making good on its pledges to return cash to shareholders, green up its production and exit the oil side of the industry. And as Russia’s war on Ukraine flips the narrative on energy security and access to natural gas in Europe, Chesapeake’s timing is on schedule.
High Court’s ruling in EPA case could reverberate across federal climate policy, but oil and gas companies remain likely to stay the course toward energy transition.