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2022-08-09 - BPX Energy President Jack Collins said the company is planning to power 95% of its Permian Basin operations with electricity this year and is drilling an exploratory well for its carbon capture business.
2022-06-20 - In a separate filing, Petrobras added that its chief exploration and production officer, Fernando Borges, was appointed interim CEO. Borges will become Petrobras’ fourth CEO since Brazilian President Jair Bolsonaro took office in 2019.
2022-06-07 - Morgan Stanley analysts said about 30% of the E&P companies they cover have increased capex to address inflationary pressures from service providers and raw materials.
2022-06-09 - Hess CEO John Hess, who said the U.S.-based oil producer is “not interested in M&A right now,” shares the key to sustainable production growth from the Bakken shale play to the Guyana-Suriname hotspot.
2022-06-29 - The project by Black Sea Oil & Gas (BSOG), controlled by U.S. private equity firm Carlyle Group LP, is Romania’s first offshore Black Sea development in three decades.