The VAALCO Energy board said it believes newly appointed George Maxwell’s track record of founding, building and selling a successful African energy company will help it achieve its strategy of enhancing its corporate presence in London.
Shell said in a document to investors summarizing its climate strategy that about 75% of its proved oil and gas reserves will be produced by 2030.
Almost one-fifth of votes cast ahead of Woodside Petroleum’s annual meeting and 13% of votes of Santos were in favor of the resolution proposed by shareholder activist group pushing the company to get out of oil and gas.
The appointment of Daniel E. “Danny” Brown as CEO fills a role left vacant since last December when Oasis Petroleum Co-founder Thomas Nusz retired.
Amount is nearly the level in President Biden’s infrastructure plan.
The EIA expects 13 new projects could account for about 12% of total crude oil production in the U.S. Gulf of Mexico, or about 200,000 bbl/d, by the end of 2022.
The delay is a potential blow to South Africa as it seeks to reduce its reliance on coal and increase the use of natural gas and renewables.
The 9th Circuit Court of Appeals said President Joe Biden’s reinstatement of Obama-era protections makes moot the previous administration’s attempts to allow oil development there.
Who can access spare Appalachia takeaway? This analysis takes a look at how pipeline takeaway capacity will determine which companies can grow production and on which midstream systems.