Post Tagged with: "oil and gas"

Linc Energy’s former executives committed to stand trial over failed coal gasification plant

Linc Energy’s former executives committed to stand trial over failed coal gasification plant

ABC Australia 


Oil & Gas Publishers Note: While this is happening in Australia, it may be a new trend in the United States. Will be interesting to follow.

Five executives who were in charge of Linc Energy’s experimental coal gasification

Potential Mismeasurement of Mining Limits Official Texas Real GDP Data

Potential Mismeasurement of Mining Limits Official Texas Real GDP Data

Dallas Fed


Oil & Gas 360 Publishers Note: Outstanding research by Keith Phillips and Christopher Slijk from the Dallas Fed. One of the key talking points is the volatility of the oil and gas industry on the Texas economy, and

EnerCom Dallas – ESG for the oil and gas industry

EnerCom Dallas – ESG for the oil and gas industry

Oil and Gas 360


The EnerCom Dallas Energy Conference featured an outstanding panel on ESG (Environmental, Social and Governance) featuring Matthew Todd, Director of The Environmental Partnership; Chris Hughen, Associate Professor of Finance at the University of Denver; and Ken …

Source: Reuters

ESG for the Oil and Gas industry – what you need to know for 2020

Oil and Gas 360

Happy 2020!

Over the past six months, EnerCom has been crisscrossing the continent and meeting with oil and gas executives and the investment community to talk about Environmental, Social, and Governance (ESG).

Source: Reuters

There are

EOG Resources profits fall by nearly 50 percent

EOG Resources profits fall by nearly 50 percent

Source: Houston Chronicle


EOG Resources reported $615 million in quarterly profits on Wednesday that fell by nearly 50 percent from $1.2 billion a year ago in large part from lower oil and gas prices.

EOG’s revenues dipped by 10 percent …

Photo: Cristian Zerpa, SUB

Oil and gas discoveries in Russia, Guyana and Cyprus lead top 2019 finds

Source: Houston Chronicle


Oil and gas discoveries offshore of Russia, Guyana and Cyprus have led the top new finds this year, keeping 2019 on track to match last year’s global discoveries.

However, much more oil and gas volumes are still …

October 10, 2019 - 9:50 am Closing Bell Story‎, Energy News
Source: Houston Chronicle

Elliott renews call for Marathon Petroleum to split; shares jump

Source: Houston Chronicle


Elliott Management Corp. renewed its push for Marathon Petroleum Corp. to split into three separate businesses, a move the hedge fund said would unlock more than $22 billion in value.

Marathon should divide into separate retail, midstream …

Source: ExxonMobil

ExxonMobil Partners with Carbon Capture Company

By Tyler Losier, Energy Reporter, Oil & Gas 360

ExxonMobil partners with Mosaic Materials in order to pursue carbon capture technology
ExxonMobil (stock ticker: XOM), an international oil and gas supermajor, has partnered with Mosaic Materials, a chemicals and engineering

Paal Kibsgaard (source: Schlumberger Limited)

Former Schlumberger CEO Recommended for Chairman Role at Borr Drilling

By Tyler Losier, Energy Reporter, Oil & Gas 360

Borr Drilling board of directors recommends appointment of Paal Kibsgaard as chairman
The board of directors for Borr Drilling Limited (stock ticker: BORR), an international drilling contractor based out of Bermuda,

Source: Enverus

Drillinginfo Announces Name Change

By Tyler Losier, Energy Reporter, Oil & Gas 360

Drillinginfo changes corporate name to Enverus
Drillinginfo, an energy SaaS and data analytics company, is officially changing its corporate name to Enverus, marking both the company’s 20th anniversary and its achievement

Source: Lonestar Resources

Energy Bankruptcies Back on the Rise in 2019

From The Houston Chronicle


After a recovery from the last oil bust, energy bankruptcies are back on the rise in 2019.

The number of oil and gas bankruptcy filings through mid-August has nearly equaled the total tally from 2018, and …

Source: Occidental Petroleum

Oxy Lowers Production Guidance on Legacy Anadarko Assets

From The Houston Chronicle


With Occidental Petroleum finalizing its $38 billion acquisition of Anadarko Petroleum last week, Oxy is now lowering its oil and gas production guidance for the legacy Anadarko assets.

For the rest of this year, Oxy said …

Source: Angkor Gold Corp.

Angkor Subsidiary Receives Approval for Cambodian Oil and Gas Concession

By Tyler Losier, Energy Reporter, Oil & Gas 360

EnerCam Resources receives approval from the Royal Government of Cambodia to develop Petroleum Block VIII
EnerCam Resources Co. Ltd., a subsidiary of Canadian mineral company Angkor Gold Corp. (stock ticker: ANK:CA,

Waste to Water: Oil and Gas Industry Looks to Mitigate Water Waste During Boom

Waste to Water: Oil and Gas Industry Looks to Mitigate Water Waste During Boom

Special Report From the Carlsbad Current-Argus

In New Mexico, hydraulic fracturing taxes a resource perpetually scarce in the desert region: water.

Hydraulic fracturing, or fracking as it is commonly called, blasts vast amounts of water, sand and chemicals through underground …

May 30, 2019 - 4:39 pm Closing Bell Story‎, Energy News, Fracing
Oil & Gas Companies Fund Data Gumbo

Oil & Gas Companies Fund Data Gumbo

Data Gumbo Secures $6M in Series A Funding from Venture Arms of Leading International Oil & Gas Companies

May 7, 2019 - 11:00 am Press Releases, Tech Corner
Iran Signs New Trade, Energy Deals with Iraq

Iran Signs New Trade, Energy Deals with Iraq

Agreements reinforce the close connections between the two majority Shia countries

From Irish Times

Iranian president Hassan Rouhani will conclude his first official visit to Iraq on Wednesday after signing agreements on energy, trade and the construction of a railway …

March 14, 2019 - 6:26 am Closing Bell Story‎, OPEC, Politics & Opinions, Trade
Trump Budget Spares Oil Sector from Deep Cuts

Trump Budget Spares Oil Sector from Deep Cuts

From Argus Media

President Donald Trump’s proposed budget would cut billions of dollars from the energy sector’s top regulators but spare federal programs that are important to oil and gas companies.

The fiscal 2020 budget, released today, would make deep …

March 13, 2019 - 4:33 pm Closing Bell Story‎, Energy News
Venezuela’s Opposition Leader Seeks Foreign Drillers Sans National Oil Company JVs

Venezuela’s Opposition Leader Seeks Foreign Drillers Sans National Oil Company JVs

Things in Venezuela are ‘badly broken’: Schlumberger

Venezuelan officials close to tears in emotional appearance

From Bloomberg

Venezuela’s opposition leader is rolling out the welcome mat to foreign investors who want a piece of the world’s largest oil reserves.

In …

March 13, 2019 - 2:00 pm Closing Bell Story‎, Energy News, OPEC
Caterpillar Announces Officer Changes

Caterpillar Announces Officer Changes

Caterpillar Announces Officer Changes

February 19, 2019 - 5:00 am Closing Bell Story‎, People, Press Releases
NSAI Announces Oil and Gas Property Evaluation Seminar Schedule for 2019

NSAI Announces Oil and Gas Property Evaluation Seminar Schedule for 2019

Global itinerary takes popular seminar to four continents

International petroleum consultancy Netherland, Sewell & Associates, Inc. (NSAI) will present its Oil and Gas Property Evaluation Seminar in 2019 in Dallas, London, Mexico City, and Singapore.

The popular two-day seminar will …

January 16, 2019 - 12:18 pm Closing Bell Story‎, Finance
Oil & Gas Bankruptcies Slow in 2018, but E&Ps Continue to Fold

Oil & Gas Bankruptcies Slow in 2018, but E&Ps Continue to Fold

E&P companies account for 67% of 2018 bankruptcies
Energy attorneys Haynes and Boone have released the firm’s updated list of oil and gas bankruptcies, detailing how the continuing downcycle has affected companies.

While oil prices were robust for much of

Oil and Gas Workers Are the Most Efficient in 15 Years

Oil and Gas Workers Are the Most Efficient in 15 Years

Oil and gas companies have received well deserved acclaim for improving efficiencies in the wake of the downturn, particularly in terms of per-rig output and breakeven costs. One metric that is often overlooked, however, is productivity per person.

The BLS

Oil and Gas Executives Weigh In on How the Oil Price Drop is Affecting their Companies and the Industry

Oil and Gas Executives Weigh In on How the Oil Price Drop is Affecting their Companies and the Industry

“I can’t help but feel we are in for another extended period of low prices. The only way for me to survive is to quit spending money.”
“The administration is our largest uncertainty in our business at this point, as

Exclusive Interview: Matt Roland, Moss Adams Partner

Exclusive Interview: Matt Roland, Moss Adams Partner

At the 2018 Oil and Gas Conference, Matt Roland, partner at Moss Adams, was interviewed by EnerCom’s Angie Austin.

Roland has practiced public accounting since 2005. He provides audit and accounting services to public and private companies in exploration and …

Energy Bonanza in Southwestern States Also Fueling National Economic Activity: Pew

Energy Bonanza in Southwestern States Also Fueling National Economic Activity: Pew

From the Pew Trusts

An oil and gas bonanza in Southwestern states may be helping to drive the continuing national economic boom.

The nation’s 4.2 percent growth in GDP, estimated last month by the Bureau of Economic Analysis, is the …

Podcast with GuildOne President James Graham: What is Blockchain, and How Will It Affect the Energy Industry?

Podcast with GuildOne President James Graham: What is Blockchain, and How Will It Affect the Energy Industry?

What is blockchain?

Blockchain is the underlying technology to the now-prevalent cryptocurrencies, which began as a way to build a decentralized digital cash system.

Bitcoin, the first cryptocurrency, was established in 2008 by a person (or, perhaps, group of people) …

August 15, 2018 - 9:12 am Closing Bell Story‎, Featured Interviews, Top Story
WildHorse Resource Development Reports Strong Q2 Margins As Eagle Ford Pure Play

WildHorse Resource Development Reports Strong Q2 Margins As Eagle Ford Pure Play

WildHorse is Presenting Tuesday, August 21st at the EnerCom Conference

WildHorse Resource Development Corporation (NYSE: WRD) reported on operating and financial results for the three months ended June 30, 2018.

Some of the operational highlights from its second quarter …

Oil Continues to Fall as Supply Concerns Ease

Oil Continues to Fall as Supply Concerns Ease

From Reuters

Oil prices were set for a second straight week of decline on Friday after Libyan ports reopened and on the view that Iran might still export some crude despite U.S. sanctions.

Brent crude LCOc1 was down 10 cents …

Core Laboratories to Present at The Oil and Gas Conference

Core Laboratories to Present at The Oil and Gas Conference

Core Laboratories (NYSE: CLB)  

Company Overview

  • Over 80 years of oilfield service industry experience
  • 70 offices in more than 50 countries
  • Provider of proprietary and patented Reservoir Description and Production Enhancement services

Summary

  • Q1-2018 Revenue: $ 170 million
  • Total Common 
July 3, 2018 - 3:05 pm Closing Bell Story‎, TOGC23
President Trump Wants Saudis to Balance the Drop in Iran’s Oil Supply

President Trump Wants Saudis to Balance the Drop in Iran’s Oil Supply

From Reuters

President Donald Trump lashed out at OPEC with a warning to stop manipulating oil markets and piled pressure on U.S. ally Saudi Arabia to raise supplies to compensate for lower exports from Iran.

Trump said in a tweet …