Exploration and Production (E&P)

Phillips 66 reports first-quarter 2021 financial results

Phillips 66 reports first-quarter 2021 financial results

Reported a first-quarter loss of $654 million or $1.49 per share; adjusted loss of $5…

Chevron announces first quarter 2021 results

Chevron announces first quarter 2021 results

Earnings of $1.4 billion; adjusted earnings of $1.7 billion Capital spending…

Royal Dutch Shell PLC First Quarter 2021 Interim Dividend

Royal Dutch Shell PLC First Quarter 2021 Interim Dividend

The Hague, April 29, 2021 – The Board of Royal Dutch Shell plc (“RDS” or the …

The Oil and Gas Industry: Growing Commitments to Financial and ESG Stewardship: Highlights and Presentations from EnerCom Dallas: The Energy Investment & ESG Conference on April 6-7

The Oil and Gas Industry: Growing Commitments to Financial and ESG Stewardship: Highlights and Presentations from EnerCom Dallas: The Energy Investment & ESG Conference on April 6-7

Oil & Gas 360

Growing public expectations around Corporate Social Responsibility has increased the emphasis by investors on making investments in oil and gas companies that are actively addressing ESG concerns, more focused on financial sustainability, and pursuing good corporate

U.S. exploration and production companies are issuing new debt and equity

U.S. exploration and production companies are issuing new debt and equity

EIA


Based on all announced corporate press releases, the amount of debt and equity issued among publicly traded independent U.S. exploration and production (E&P) companies totaled $4.4 billion in March 2021, the most since August 2020. EIA analyzed and compiled …

The Oil and Gas Industry: Growing Commitments to Financial and ESG Stewardship: Highlights and Presentations from EnerCom Dallas: The Energy Investment & ESG Conference on April 6-7

The Oil and Gas Industry: Growing Commitments to Financial and ESG Stewardship: Highlights and Presentations from EnerCom Dallas: The Energy Investment & ESG Conference on April 6-7

Oil & Gas 360

Growing public expectations around Corporate Social Responsibility has increased the emphasis by investors on making investments in oil and gas companies that are actively addressing ESG concerns, more focused on financial sustainability, and pursuing good corporate

Source: CNBC

Exxon board member Jeff Ubben raises stake, as oil giant invests in carbon capture

CNBC


Activist investor and newly appointed Exxon board member Jeff Ubben is building his stake in the company on the belief that the oil giant will be integral to the energy transition.

“I am,” he said Thursday on CNBC’s “Squawk

Source: Houston Chronicle

Exxon eyes Houston for $100B carbon capture hub

Houston Chronicle


Exxon Mobil said it believes Houston is the “perfect place” for a giant, $100 billion project to capture carbon dioxide emissions from the city’s industrial area along the Ship Channel.

The Irving oil major warned, however, that developing …

Source: Reuters

Equinor makes small oil and gas discovery at Norway’s Tyrihans field

Reuters


OSLO- Equinor has discovered more oil and gas at its Tyrihans field in the Norwegian Sea, the company said on Wednesday.

The discovery contains between 19 million and 26 million barrels of oil equivalent (boe) of recoverable resources, which …

The Oil and Gas Industry: Growing Commitments to Financial and ESG Stewardship: Highlights and Presentations from EnerCom Dallas: The Energy Investment & ESG Conference on April 6-7

The Oil and Gas Industry: Growing Commitments to Financial and ESG Stewardship: Highlights and Presentations from EnerCom Dallas: The Energy Investment & ESG Conference on April 6-7

Oil & Gas 360

Growing public expectations around Corporate Social Responsibility has increased the emphasis by investors on making investments in oil and gas companies that are actively addressing ESG concerns, more focused on financial sustainability, and pursuing good corporate

The Oil and Gas Industry: Growing Commitments to Financial and ESG Stewardship: Highlights and Presentations from EnerCom Dallas: The Energy Investment & ESG Conference on April 6-7

The Oil and Gas Industry: Growing Commitments to Financial and ESG Stewardship: Highlights and Presentations from EnerCom Dallas: The Energy Investment & ESG Conference on April 6-7

Oil & Gas 360

Growing public expectations around Corporate Social Responsibility has increased the emphasis by investors on making investments in oil and gas companies that are actively addressing ESG concerns, more focused on financial sustainability, and pursuing good corporate

The Oil and Gas Industry: Growing Commitments to Financial and ESG Stewardship: Highlights and Presentations from EnerCom Dallas: The Energy Investment & ESG Conference on April 6-7

The Oil and Gas Industry: Growing Commitments to Financial and ESG Stewardship: Highlights and Presentations from EnerCom Dallas: The Energy Investment & ESG Conference on April 6-7

Oil & Gas 360

Growing public expectations around Corporate Social Responsibility has increased the emphasis by investors on making investments in oil and gas companies that are actively addressing ESG concerns, more focused on financial sustainability, and pursuing good corporate

Source: Reuters

EXCLUSIVE Nigeria refines energy reform bill to attract more Big Oil cash

Reuters


Nigeria has sweetened the terms of a sweeping oil reform bill in a bid to attract much-needed investment to its oil industry, four people closely involved with the legislation said and a letter from oil companies, seen by Reuters, …

Source: Reuters

Clean crude? Oil firms use offsets to claim green barrels

Reuters


In January, Occidental Petroleum announced it had accomplished something no oil company had done before: It sold a shipload of crude that it said was 100% carbon-neutral.

While the two-million-barrel cargo to India was destined to produce more than

The Oil and Gas Industry: Growing Commitments to Financial and ESG Stewardship: Highlights and Presentations from EnerCom Dallas: The Energy Investment & ESG Conference on April 6-7

The Oil and Gas Industry: Growing Commitments to Financial and ESG Stewardship: Highlights and Presentations from EnerCom Dallas: The Energy Investment & ESG Conference on April 6-7

Oil & Gas 360

Growing public expectations around Corporate Social Responsibility has increased the emphasis by investors on making investments in oil and gas companies that are actively addressing ESG concerns, more focused on financial sustainability, and pursuing good corporate

The Oil and Gas Industry: Growing Commitments to Financial and ESG Stewardship: Highlights and Presentations from EnerCom Dallas: The Energy Investment & ESG Conference on April 6-7

The Oil and Gas Industry: Growing Commitments to Financial and ESG Stewardship: Highlights and Presentations from EnerCom Dallas: The Energy Investment & ESG Conference on April 6-7

Oil & Gas 360

Growing public expectations around Corporate Social Responsibility has increased the emphasis by investors on making investments in oil and gas companies that are actively addressing ESG concerns, more focused on financial sustainability, and pursuing good corporate

Talos Energy announces successful exploration results at Puma West

Talos Energy announces successful exploration results at Puma West

Oil and Gas 360


HOUSTON, April 13, 2021 /PRNewswire/ — Talos Energy Inc. (“Talos” or the “Company”) (NYSE:TALO), along with affiliates of bp plc (“bp”) and Chevron U.S.A. Inc. (“Chevron”) (collectively, the “Co-Owners”) today announced successful drilling results from the …

The Oil and Gas Industry: Growing Commitments to Financial and ESG Stewardship: Highlights and Presentations from EnerCom Dallas: The Energy Investment & ESG Conference on April 6-7

The Oil and Gas Industry: Growing Commitments to Financial and ESG Stewardship: Highlights and Presentations from EnerCom Dallas: The Energy Investment & ESG Conference on April 6-7

Oil & Gas 360

Growing public expectations around Corporate Social Responsibility has increased the emphasis by investors on making investments in oil and gas companies that are actively addressing ESG concerns, more focused on financial sustainability, and pursuing good corporate

Source: Reuters

Continental Resources’ quarterly output hit by winter storm

Reuters


U.S. oil producer Continental Resources suffered an oil and gas first-quarter production hit of about 6,000 barrels per day, it said on Tuesday, citing February’s savage winter storm.

A deep freeze in U.S. central and southern states disrupted power …

Source: Reuters

Texas oil pipelines face dry months as production languishes

Reuters


NEW YORK -Nearly half of all oil pipelines from the Permian basin, the biggest U.S. oilfield, are expected to be empty by the end of the year, analysts and executives said.

Pipeline companies went on a construction spree throughout …

The Oil and Gas Industry: Growing Commitments to Financial and ESG Stewardship: Highlights and Presentations from EnerCom Dallas: The Energy Investment & ESG Conference on April 6-7

The Oil and Gas Industry: Growing Commitments to Financial and ESG Stewardship: Highlights and Presentations from EnerCom Dallas: The Energy Investment & ESG Conference on April 6-7

Oil & Gas 360

Growing public expectations around Corporate Social Responsibility has increased the emphasis by investors on making investments in oil and gas companies that are actively addressing ESG concerns, more focused on financial sustainability, and pursuing good corporate

The Oil and Gas Industry: Growing Commitments to Financial and ESG Stewardship: Highlights and Presentations from EnerCom Dallas: The Energy Investment & ESG Conference on April 6-7

The Oil and Gas Industry: Growing Commitments to Financial and ESG Stewardship: Highlights and Presentations from EnerCom Dallas: The Energy Investment & ESG Conference on April 6-7

Oil & Gas 360

Growing public expectations around Corporate Social Responsibility has increased the emphasis by investors on making investments in oil and gas companies that are actively addressing ESG concerns, more focused on financial sustainability, and pursuing good corporate

Source: Reuters

U.S. voices concern to Mexico about ‘deteriorating climate’ for energy investors

Reuters


MEXICO CITY- The United States has raised concerns with Mexico about a worsening climate for U.S. energy investors in the Latin American nation, the Office of the United States Trade Representative (USTR) said.

Mexican President Andres Manuel Lopez Obrador, …

Source: Reuters

Saudi wants OPEC+ to extend oil cuts into June, source says

Reuters


DUBAI/LONDON/MOSCOW – Saudi Arabia is prepared to support extending oil cuts by OPEC and its allies into June and is also ready to prolong its own voluntary cuts to boost prices amid a new wave of coronavirus lockdowns, a …

Source: Reuters

Oil falls as Suez opens, focus turns to OPEC+ output

Reuters


LONDON -Oil prices slid on Tuesday as the Suez Canal reopened to traffic, while focus turned to an OPEC+ meeting this week which analysts expect to approve an extension to supply curbs amid disappointing demand prospects.

Brent crude was …

Source: Reuters

Exxon, Chevron take a slow walk on the path to U.S. shale recovery

Reuters


Exxon Mobil and Chevron Corp have scaled back activity dramatically in the top U.S. shale oil field, where just a year ago the two companies were dominating in the high-desert landscape.

The cautious approach of the two largest U.S. …

Source: Reuters

Petrobras top managers quit for clashing with incoming CEO’s plans – source

Reuters


RIO DE JANEIRO – Petroleo Brasileiro SA’s chief financial officer and three other top executives decided to leave the state-controlled producer after clashing with plans of the company’s incoming chief executive, a person close to the executives said.

Topics …

Source: Reuters

U.S. oil activity jumps as executives remain wary of OPEC, Biden – survey

Reuters


Activity and spending in U.S. oil fields is soaring this year as the industry recovers from 2020 pandemic-driven oil price crash, according to optimistic-but-wary energy company executives polled by the Federal Reserve Bank of Dallas in a survey released …

Source: Reuters

Oil slips further on Europe demand concerns

Reuters


LONDON – Oil slipped for a fourth day on Wednesday as concerns about weaker demand in Europe outweighed an industry report that showed U.S. crude inventories fell unexpectedly last week.

Several European countries have paused the use of AstraZeneca’s …

Source: Reuters

Brent crude slips from $70 as outlook brightens but inflation weighs

Reuters


LONDON – Oil prices slipped on Monday after Brent hit $70 a barrel as data showed an accelerating economic recovery in China, which was offset by fears of inflation.

Brent crude futures for May were at $68.44, down 78 …