Imperial reported solid financial fourth quarter results and introduced a new goal to achieve net-zero by 2050.
Here’s a snapshot of recent energy deals including Diamondback Energy completing its $1.55 billion deal to acquire Midland Basin acreage and E&P Arena Energy LLC closing its acquisition of Cox Operating LLC's interests in the Eugene Island 330 and South Marsh 128 oil blocks.
Murphy Oil increased production and pay down debt with the help of King’s Quay project going onstream in the Gulf of Mexico and high output from new Eagle Ford wells.
The acquisition is ahead of TotalEnergies’ planned spin-off of the Canadian company.
Imperial Oil Ltd. is moving forward with a CA$720 million (US$560 million) investment in the renewable diesel facility at its Strathcona refinery near Edmonton, Alberta, to supply British Columbia and support the province’s plan to reduce greenhouse gas emissions.
Here’s a snapshot of recent energy deals including Chesapeake Energy’s $1.4 billion deal to sell Eagle Ford Shale acreage in the Brazos Valley region to WildFire Energy, and Matador Resource’s $1.6 billion bolt-on acquisition in the northern Delaware Basin.
The Pathways Alliance, comprised of Cenovus Energy, MEG Energy, Suncor Energy, Canadian Natural Resources, Imperial Oil and ConocoPhillips, represent 95% of Canada's oil sands production.
Wood Mackenzie expects Canada’s largest natural gas producers — Montney Shale producers Tourmaline Oil, Canadian Natural Resources (CNRL) and ARC Resources — to continue to grow their unconventional production in 2023 despite inflation pressures.
Here’s a roundup of the latest E&P headlines, including gas discoveries onshore the Nile Delta in the North Sea and a host of new contract awards from the past week in the upstream oil and gas industry
Here’s a snapshot of recent energy deals including Northern Oil & Gas (NOG) closed on an upsized acquisition of working interests in Midland-Petro D.C. Partners LLC and Phillips 66 $3.8 billion deal with DCP Midstream LP.