Oil and Gas 360 Publisher’s Note: Ring Energy will be a presenter at the upcoming EnerCom Denver – The Energy Investment Conference on August 18-21, 2024. Register to attend. THE WOODLANDS, Texas, June 24, 2024 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced management team changes, including the pending departure of two senior
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CNBC Saudi Arabia is set to raise more than $11.2 billion from its secondary public share offering in state-controlled oil giant Aramco, after the stock was priced at the lower end of its expected range. The company on Friday said it will price the 1.545 billion of shares on offer at 27.25 Saudi riyal ($7.27) apiece, with the sale expected
Oil and Gas 360 MIDLAND, Texas–(BUSINESS WIRE)– ProPetro Holding Corp. (“ProPetro” or the “Company”) (NYSE: PUMP) today announced the acquisition of Aqua Prop LLC (“Aqua Prop”), an innovative provider of cost-effective wet sand solutions. The all cash acquisition, initially valued at $35.6 million, net of working capital, advances ProPetro’s commitment to delivering more integrated and industrial solutions while adding value
Oil and Gas 360 FORT WORTH, Texas and MIDLAND, Texas, May 30, 2024 (GLOBE NEWSWIRE) — HighPeak Energy, Inc. (“HighPeak” or “HPK”) (NASDAQ: HPK), a leading independent oil and natural gas company, has recently completed and commissioned a new solar facility, the WildHorse Solar Farm, in its Flat Top operating area. The WildHorse Solar Farm was developed and is owned
Oil and Gas 360 CALGARY, AB, May 29, 2024 /CNW/ – Surge Energy Inc. (“Surge” or the “Company”) (TSX: SGY) is pleased to announce a number of recent positive operational and financial developments, including: the sale of certain non-core assets, achievement of Management’s Phase 2 net debt1 target, an anticipated increase to Surge’s base dividend, the intention to institute a normal course issuer
Oil and Gas 360 MAY 29, 2024 Download .PDF Acquisition of Marathon Oil Corporation is expected to be immediately accretive to earnings, cash flows and return of capital per share. ConocoPhillips expects to achieve at least $500 million of run rate cost and capital savings within the first full year following the closing of the transaction. Independent of the transaction,
Oil and Gas 360 05/29/2024 HOUSTON–(BUSINESS WIRE)– SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or the “Company”) today announced that SilverBow shareholders have voted to re-elect all three of the Company’s director nominees – Gabriel L. Ellisor, Kathleen McAllister and Charles W. Wampler, based on the preliminary vote count provided by its proxy solicitor following the Company’s 2024 Annual Meeting of
Yahoo Finance Publisher’s Note: Chevron CEO Mike Wirth will be the lunch keynote speaker on Tuesday at EnerCom Denver—The Energy Investment Conference on August 18-21, 2024. Register to attend. Chevron shareholders on Wednesday re-elected all its 12 board directors, in a sign of support for the oil major at a time when it is caught in the regulatory crosshairs over
World Oil (Bloomberg) – Former Pioneer Natural Resources Co. Chief Executive Officer Scott Sheffield says federal regulators mischaracterized facts and wrongly vilified him in saying he tried to collude with OPEC to prop up crude prices, Fig. 1. Sheffield, a key figure in the rise of the U.S. shale industry, filed a request Tuesday with the Federal Trade Commission asking the agency to
Joan Hertz Reappointed as Board Chair and Kara Flynn and Naseem Bashir to be Appointed to ATB Fin…
Oil Price Norway’s $1.66-trillion sovereign wealth fund, the world’s biggest, is encouraging UK-based supermajor Shell to shed more light on its eased climate targets. The fund, which is commonly referred to as ‘Norway’s oil fund’ because it was created with oil and gas revenues, is a shareholder in many large companies in the world, including Big Oil, and has the
