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2 hours ago: ExxonMobil to Prioritize Capital Investments on High-Value Assets
2 hours ago: Sandridge gets $30mm bridge loan from Icahn
4 hours ago: Exxon Mobil To Write Down Natural Gas Properties by Up to $20 Billion and Cut Project Spending
4 hours ago: EarthRenew Announces Lease Renewal and Feedstock Agreement for Its Flagship Facility Co-Located at Cattleland Feedyards’ Site
4 hours ago: Capstone Turbine (NASDAQ:CPST) Secures Significant 2 MW Follow-On Order From Fortune Global 500 Company, Ecopetrol – Colombia’s Largest National Petroleum Company
4 hours ago: Lonestar Resources US Inc. Successfully Completes Restructuring

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Monolith Materials Receives Investment from Mitsubishi Heavy Industries (MHI) to Support Clean Hydrogen Production

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Featured 360 Articles

Oil prices inch down as OPEC and allies seek consensus on output

December 1, 2020

Reuters

LONDON – Oil prices inched down on Tuesday as investors awaited direction from OPEC and its allies after the producers postponed a formal meeting to decide whether to lift output from January.

Brent crude was down 19 cents at …
Biden plan to end U.S. fossil fuel subsidies faces big challenges

December 1, 2020

Reuters

WASHINGTON – President-elect Joe Biden’s promise to end U.S. fossil fuel subsidies worth billions of dollars a year for drillers and miners could be hard to keep due to resistance from lawmakers in a narrowly divided Congress, including from …
ExxonMobil to Prioritize Capital Investments on High-Value Assets

December 1, 2020

Capital and exploration investments of $16-$19 billion in 2021; $20 billion to $25 bi…

…
Exxon Mobil To Write Down Natural Gas Properties by Up to $20 Billion and Cut Project Spending

December 1, 2020

Image source: Exxon Mobil By Jennifer Hiller HOUSTON (Reuters) – Exxon …

…
Lonestar Resources US Inc. Successfully Completes Restructuring

December 1, 2020

Lonestar Resources US Inc. (the “Company” or “Lonestar”) to…

…
Pacific Ethanol Closes Sale of its Idaho Grain Handling Facilities

December 1, 2020

SACRAMENTO, Calif., Dec. 01, 2020 (GLOBE NEWSWIRE) — Pacific Ethanol, Inc. (NASDAQ: …

…

Exploration & Production (E&P)

Sandridge gets $30mm bridge loan from Icahn

Sandridge gets $30mm bridge loan from Icahn

December 1, 2020 — Comments are Disabled

OAG360 Publishers Note: Billionaire investor Carl Icahn (largest shareholder in Sandridge) has agreed to provide more than $30 million in loans his company after taking control in 2018 following a proxy fight.

Shares of Sandridge jumped over 10% on …

Exxon Mobil To Write Down Natural Gas Properties by Up to $20 Billion and Cut Project Spending

December 1, 2020 — Comments are Disabled
Obsidian Energy Announces Winter 2020 Drilling Program Start and Progression of Bigoray Egress Capital Project

November 30, 2020 — Comments are Disabled
Contango Announces Signing of Agreement to Acquire Oily, Low Decline Assets in Big Horn, Permian, and Powder River Basins

November 30, 2020 — Comments are Disabled
Exxon to cut up to 300 jobs in Canada, and they are not the only ones

November 26, 2020 — Comments are Disabled

Mergers, Acquisitions and Divestitures

Pacific Ethanol Closes Sale of its Idaho Grain Handling Facilities

Pacific Ethanol Closes Sale of its Idaho Grain Handling Facilities

December 1, 2020 — Comments are Disabled

SACRAMENTO, Calif., Dec. 01, 2020 (GLOBE NEWSWIRE) — Pacific Ethanol, Inc. (NASDAQ: …

…

Contango Announces Signing of Agreement to Acquire Oily, Low Decline Assets in Big Horn, Permian, and Powder River Basins

November 30, 2020 — Comments are Disabled
GeoPark announces agreement to sell 10% working interest in the Manati gas field in Brazil

November 23, 2020 — Comments are Disabled
BP Backtracks on $3.2 Billion Brazil Offshore Acquisition

November 19, 2020 — Comments are Disabled
Savion sells 30-MW Virginia solar project to Falck Renewables and Eni US

November 19, 2020 — Comments are Disabled

International

Source: Reuters

Algerian Energy Minister Says OPEC Reaches Consensus To Extend Oil Production Cuts by Three Months

November 30, 2020 — Comments are Disabled

Image: Algerian Energy Minister Abdelmadjid Attar, current rotating OPEC president….

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China’s first domestically made nuclear reactor, the Hualong One, goes online

November 28, 2020 — Comments are Disabled
Algeria set to record a 4.7% drop in gas exports in 2020

November 28, 2020 — Comments are Disabled
Norwegian strikes could escalate further

November 27, 2020 — Comments are Disabled
BP investing in Middle East oil while pledging a renewables shift – A double standard?

November 27, 2020 — Comments are Disabled

Industry Insights & Opinions

Energy News Beat: #169 – 11/30/2020 – Hosted by Michael Tanner

Energy News Beat: #169 – 11/30/2020 – Hosted by Michael Tanner

November 30, 2020 — Comments are Disabled

Investors sell off and take profits from a historically strong November. Major indices down overalls with tech stocks turning green rolling into the end of the session.

S&P 500: -0.63%
Nasdaq: 0.01%
Dow Jones: -1.30%

Market sentiment took a hit

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Making Sense of the Market Madness, Three Ways to Drive Profitability

November 30, 2020 — Comments are Disabled
Energy News Beat: #168 – 11/27/2020 – Hosted by Michael Tanner

November 27, 2020 — Comments are Disabled
Energy News Beat: #167 – 11/25/2020 – Hosted by Michael Tanner

November 25, 2020 — Comments are Disabled
Energy News Beat: #166 – 11/24/2020 – Hosted by Michael Tanner

November 24, 2020 — Comments are Disabled

Renewable, Green and Eco Related Topics

BrightNight and Cordelio Power to Partner on Dispatchable Renewable Power Plants

December 1, 2020 — Comments are Disabled

BrightNight and Cordelio Power to Partner on Dispatchable Renewable Power Plants …

…

EarthRenew Announces Lease Renewal and Feedstock Agreement for Its Flagship Facility Co-Located at Cattleland Feedyards’ Site

December 1, 2020 — Comments are Disabled
Capstone Turbine (NASDAQ:CPST) Secures Significant 2 MW Follow-On Order From Fortune Global 500 Company, Ecopetrol – Colombia’s Largest National Petroleum Company

December 1, 2020 — Comments are Disabled
Mitsubishi Heavy Industries Invests in Monolith Materials

November 30, 2020 — Comments are Disabled
China’s first domestically made nuclear reactor, the Hualong One, goes online

November 28, 2020 — Comments are Disabled

Energy News Beat #169 – 11/30/2020 – CLICK TO WATCH
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