HOUSTON – A sustained rise in global oil prices has U.S. shale producers pondering something few expected to be considering after last year’s tumble: how to allocate rising cash flows among new production, dividends and stock buybacks.
U.S. shale …
Republican senators from oil-producing states introduced legislation on Thursday that would block the Biden administration’s order pausing new oil and gas leasing on federal lands.
The bill, introduced by Senator Bill Cassidy of Louisiana and 24 other senators, would …
U.S. oil major Exxon Mobil Corp reiterated its support for methane regulations on Thursday, a day after President Joe Biden’s administration came out with a slew of executive orders to address climate-warming greenhouse gas emissions.
The orders map out …
This week’s Baker Hughes rig count shows that U.S. had an increase of 6 over last week, resulting in a total count of 384 rigs. Canada had an increase of 2 over last week, resulting in …
NEW YORK – The U.S. oil industry is seeking to forge an alliance with the nation’s corn growers and biofuel producers to lobby against the Biden administration’s push for electric vehicles, but is so far meeting a cool reception, …
Chevron Corporation (NYSE: CVX) today reported a loss of …
LONDON – OPEC oil output has risen for a seventh month in January, a Reuters survey found, after the group and allies agreed to ease record supply curbs further, although an involuntary drop in Nigerian exports limited the increase.…
Fourth Quarter
SINGAPORE – Oil prices edged up on Friday but traded in a tight range as demand concerns caused by new coronavirus variants and slow vaccine rollouts offset a cut in Saudi Arabian oil supply and falling U.S. oil inventories.…
EnerCom, Inc., a nationally recognized management consultancy, and Colorado School of Mines, a leading public research university focused on science and engineering, announce a preliminary list of Presenting Companies and Keynote speakers for the first annual
HOUSTON , Jan. 27, 2021 /PRNewswire/ — Marathon Oil Corporation (NYSE: MRO) today announced an update regarding its environmental, social, and governance (ESG) performance, including significant changes to its executive compensation framework as well as new …
Sanctioned Low Cost Tupper Montney Natural Gas Development
Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the fourth quarter ended December 31, 2020, including a net loss attributable to Murphy of …
RIO DE JANEIRO – Three consortia including Asian shipyards are preparing to compete to build Brazilian state-controlled oil firm Petrobras’ first two in-house platforms in more than seven years, according to four people familiar with the tender.
Samsung Heavy …
LONDON – A plunge in the volume of crude oil stored on ships combined with unexpected cuts from top producer Saudi Arabia have created a glut of vessels available for hire, pressuring the outlook for supertankers this year.
Earnings …
LONDON – Oil rose about 1% on Thursday after early declines on a weaker dollar and U.S. inventory drawdowns, but delays to vaccine rollouts and fresh travel curbs to prevent new coronavirus outbreaks kept further gains at bay.
Brent …
EnerCom, Inc., a nationally recognized management consultancy, and Colorado School of Mines, a leading public research university focused on science and engineering, announce a preliminary list of Presenting Companies and Keynote speakers for the first annual
CALGARY, Alberta, Jan. 26, 2021 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (” Gran Tierra” or the ” Company “) (NYSE American:GTE) (TSX:GTE) (LSE: GTE) , a company focused on oil exploration and production in Colombia …
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 9.9 million barrels from the previous week. At 476.7 million barrels, U.S. crude oil …
EnerCom, Inc., a nationally recognized management consultancy, and Colorado School of Mines, a leading public research university focused on science and engineering, announce a preliminary list of Presenting Companies and Keynote speakers for the first annual
FORT WORTH, Texas, Jan. 25, 2021 (GLOBE NEWSWIRE) — Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) today provided commentary on the US Department of Interior’s 60-day suspension of authority for federal …
CALGARY, AB , Jan. 25, 2021 /CNW/ – Enerplus Corporation (“Enerplus” or the “Company”) (TSX & NYSE: ERF) today announced that it has entered into a definitive agreement to acquire all of the shares of Bruin …
Calgary, Alberta and Houston, Texas–(Newsfile Corp. – January 25, 2021) – PetroTal Corp. (TSXV: TAL) (AIM: PTAL) (“PetroTal” or the “Company“) advises that, as announced by Gran Tierra Energy Inc. (“GTEI”) on …
SINGAPORE – Chinese oil majors will struggle to extend fast growth in shale gas production beyond 2025, as complex geology and failure to draw in more investors make it expensive to develop the unconventional resource.
That would be a …
The Biden administration is expected to announce a temporary suspension of new oil and gas leasing on U.S. federal lands and waters on Wednesday, and to order that nearly a third of federally run acreage is conserved over the …
NEW YORK – Oil prices eased on Tuesday as coronavirus cases globally continued to rise, but losses were capped amid reports of a blast in Saudi Arabia.
Brent crude was up 4 cents, or 0.1%, at $55.92 by 12:57 …
EnerCom, Inc., a nationally recognized management consultancy, and Colorado School of Mines, a leading public research university focused on science and engineering, announced today a preliminary list of Presenting Companies and Keynote speakers for the first …
LONDON – Top oil and gas companies sharply slowed their search for new fossil fuel resources last year, data shows, as lower energy prices due to the coronavirus crisis triggered spending cuts.
Acquisitions of new onshore and offshore exploration …
