Saturday, March 21, 2026
United States and China enter a new cold war: Kemp- oil and gas 360

China is considering acquiring Exxon Mobil’s remaining Iraq oilfield stake

(Bloomberg) –China’s oil giants China National Petroleum Corp. and CNOOC Ltd. are considering acquiring Exxon Mobil Corp.’s remaining stake in an oil field in Iraq, which could fetch at least $500 million, according to people familiar with the matter. The Chinese state-owned firms are weighing a potential deal to buy the 32.7% stake in Iraq’s West Qurna 1 field held

Pioneer Natural Resources Company Reports Fourth-Quarter and Full-Year 2019 Financial and Operating Result -oilandgas360

Pioneer Natural Resources reinstate executive pay after pandemic cost cutting

Nov 20 (Reuters) – Shale producer Pioneer Natural Resources Co said on Friday it would reinstate full salaries of its chief executive officer and other executives in 2021, after cutting them earlier this year as the COVID-19 pandemic crushed oil prices. Pioneer had cut CEO Scott Sheffield’s annual base salary by 20% in May, a month after U.S. oil prices

Vaccine trials temper hedge funds' oil pessimism: Kemp- oil and gas 360

FourPass Energy and Oaktree Partner Launch O&G Operating Company With $900 Million Commitment

DENVER–(BUSINESS WIRE)–FourPass Energy, LLC (“FourPass”), an oil and gas operating company, along with funds managed by Oaktree Capital Management, L.P. (collectively, “Oaktree”) today announced a partnership to acquire and operate large-scale, oil-weighted, producing oil and gas assets. Oaktree’s $900 million pledge includes $600 million in initial equity, with an option to upsize the commitment by $300 million. FourPass is led