2022-08-05 - APA Corp. eyes returning at least $1.8 billion of its capital to shareholders through dividends and share buybacks by year-end while also lowering its production guidance for 2022 by 2%.
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.