World Oil (WO) – INEOS Energy has completed the acquisition of a portion of Chesapeake Energy’s oil and gas assets in the Eagle Ford shale, South Texas for $1.4 billion. The deal marks INEOS Energy’s entry as operator into the U.S. onshore oil and gas market, as it acquires 2,300 wells, producing net 36,000 boed. The acquisition, which includes production
Initiative enhances safety at Webcor and fosters trust among subcontractors San Francisco, Calif…
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Oil and Gas 360 OKLAHOMA CITY, May 2, 2023 /PRNewswire/ — Chesapeake Energy Corporation (NASDAQ:CHK) today reported 2023 first quarter financial and operating results. Net cash provided by operating activities of $889 million Net income totaled $1,389 million, or $9.60 per diluted share; adjusted net income(1) totaling $270 million, or $1.87 per diluted share Delivered adjusted EBITDAX(1) of $774 million and $241 million in adjusted free cash flow(1) Announced total quarterly dividend of $1.18 per common
Weekly Crude Oil Storage as of April 28, 2023 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 1.3 million barrels from the previous week. At 459.6 million barrels, U.S. crude oil inventories are about 2% below the five year average for this time of year, according to the EIA crude oil and
CVW CLEANTECH ANNOUNCES CFO TRANSITION Canada NewsWire CALGARY, AB , …
Vancouver, British Columbia–(Newsfile Corp. – May 3, 2023) – Li-FT Power Ltd. ( CSE: LIFT ) ( FS…
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