Reuters ANCHORAGE, Alaska – In a last-minute change, the Trump administration cut about 30 percent of the Arctic National Wildlife Refuge territory that it plans to auction off for oil exploration. The decision was announced late Friday by the Bureau of Land Management (BLM), the agency managing the oil lease sale. The ANWR lease sale is scheduled for Jan. 6,
SECURE ENERGY Announces Quarterly Dividend and Timing of 2020 Fourth Quarter and Year-End…
Reuters LONDON – Nuclear power capacity able to supply roughly 60 million homes is scheduled to close this decade as utilities struggle to replace northwest Europe’s ageing reactors, raising the risk of higher carbon emissions as fossil fuels plug the gap. Nuclear power provides around a quarter of the European Union’s electricity generation, with 15 of the 27 nations hosting
Oil and Gas 360 MIDLAND, Texas, Dec. 21, 2020 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) and QEP Resources (NYSE: QEP) (“QEP”) today announced that they have entered into a definitive agreement under which Diamondback will acquire QEP in an all-stock transaction valued at approximately $2.2 billion, including QEP’s net debt of $1.6 billion as
Reuters LONDON – Royal Dutch Shell on Monday said it will write down the value of oil and gas assets by $3.5 billion to $4.5 billion following a string of impairments this year as it adjusts to a weaker outlook. In an update ahead of its fourth quarter results on February 4, Shell said the post-tax charge was due in
bp to Provide $50 million for Development and Construction of Renewable Nat…
Reuters LONDON -Oil prices tumbled on Monday as a fast-spreading new coronavirus strain that has shut down much of Britain and led to tighter restrictions in Europe sparked worries about a slower recovery in fuel demand. Brent crude was down $2.23, or 4.3%, at $50.03 a barrel by 1421 GMT, while U.S. West Texas Intermediate (WTI) crude fell $2.21, or
Reuters MOSCOW – Russia hopes the incoming administration of U.S. President-elect Joe Biden will not derail producer nations’ action to boost oil markets, Russia’s Deputy Prime Minister Alexander Novak said on Monday. Russia, other leading oil producers and the Organization of the Petroleum Exporting Countries, a group known as OPEC+, have joined forces to reduce output and bolster the global
HOUSTON, Dec. 21, 2020 (GLOBE NEWSWIRE) — Occidental (NYSE: OXY) today announced the e…
Lina Saheb and Bryant Edwards Appointed to the Board of Directors NEW YORK, Dec. …
Nuverra Environmental Solutions, Inc. (NYSE American: NES) (“Nuverra,” th…
ConocoPhillips (NYSE: COP) today announced that, in connection with the previously anno…
