Monday, May 5, 2025
BP says it will stick with top U.S. oil lobby after climate shift- oil and gas 360

BP says it will stick with top U.S. oil lobby after climate shift

Reuters LONDON – BP said on Monday it will remain a member of the American Petroleum Institute (API) after the largest U.S. oil and gas trade lobby group addressed some differences with the British energy company over climate change. BP, which plans to sharply cut its oil output and boost its renewable energy capacity over the next decade, said in

Bonanza Creek and Extraction to Combine in Merger of Equals, Creating Civitas Resources – A new Colorado Energy Leader and the State’s First Net-Zero Oil & Gas Producer

DENVER, May 10, 2021 /PRNewswire/ — Bonanza Creek Energy, Inc. (NYSE: BCEI) (“Bonanza Creek”) and Extraction Oil & Gas, Inc. (NASDAQ: XOG) (“Extraction”), today announced that they have entered into a definitive agreement to combine in an all-stock merger of equals. The combined company, to be named Civitas Resources, Inc. (“Civitas”), will be the largest pure-play energy producer in Colorado’s Denver-Julesburg (DJ) Basin, with an aggregate enterprise value of approximately $2.6