Tuesday, May 5, 2026

Pemex Aims for Splash In Shallow Waters, Retreats From The Deeps

From Reuters Mexican state-run oil giant Petroleos Mexicanos will focus on existing shallow water assets and refining next year at the expense of riskier, deepwater projects under a new government that has vowed to turn around the ailing company. The 2019 budget blueprint presented on Saturday by officials of leftist President Andres Manuel Lopez Obrador calls for some $23 billion

EQT’s Annual Shareholder Meeting is Here: Two Brothers Lead Showdown With U.S. Natural Gas Giant - Oil & Gas 360

EQT’s Board to Seek Talks with Rice Brothers: Reuters

From Reuters EQT Corp’s board of directors will ask to meet Toby and Derek Rice for talks, people familiar with the matter said on Sunday, after the two brothers threatened the largest producer of natural gas in the United States with a board challenge. The Rice family sold its company Rice Energy Inc to EQT for $6.7 billion in cash

Qatar Petroleum’s Quest to Invest $20 Billion In U.S. Includes Conventional, Unconventional Upstream Assets

Qatar Petroleum CEO looking to U.S. for “gas and oil, conventional and non-conventional” CEO said U.S. Congress’s proposed NOPEC bill is one reason Qatar is departing OPEC From Reuters Qatar Petroleum (QP) is looking to invest at least $20 billion in the United States over the coming few years, its chief executive told Reuters, after the Gulf Arab state unexpectedly

Oil and Gas Industry Drops Out of Whistler Investor Conference after Mayor’s Letter

From Global News The fallout from the mayor of Whistler’s request for an Alberta energy giant to pay for climate change expenses could now affect the resort municipality’s bottom line. CIBC has confirmed it has removed the oil and gas portion from the agenda of its annual Whistler Institutional Investor Conference, which is set to kick off in January. January

Federal Offshore Wind Sale Rivals Oil & Gas with a Record $405 Million in Winning Bids

From Marine Log Friday’s BOEM offshore wind lease sale of some 390,000 acres offshore Massachusetts drew competitive winning bids from three companies, totaling approximately $405 million. That was way more than the previous highest grossing offshore wind lease sale in December 2016 for the lease area offshore New York that received a winning bid of over $42 million. It was