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73-year Wildcatter Herbert Hunt, 95, Passes Away
Industry leader Herbert Hunt was instrumental in dual-lateral development, opening the North Sea to oil and gas development and discovering Libya’s Sarir Field.
Kinder Morgan Nominates Deloitte’s Amy Chronis to Board
Amy Chronis, currently a senior partner with Deloitte, will stand for election along with Kinder Morgan’s current directors at the company’s annual meeting on May 8.
EOG Resources Wildcatting Veteran Billy Helms to Retire
Joining an EOG Resources predecessor in 1981, Helms is among the pre-1986-oil-bust generation who later found success in shale.
Crescent Point Energy to Rebrand as Veren Inc.
The company will seek shareholder approval for the change at its upcoming annual and special meeting of shareholders on May 10.
The Latest
Pemex to Remain Fiscally Challenged for Mexico’s Next President
S&P Global Ratings said Pemex will remain a fiscal challenge for the country’s next president, adding that continued cautious macroeconomic management was key in its ratings on both Mexico and Pemex.
EnQuest Selling Stake in North Sea Golden Eagle Oilfield, Sources Say
EnQuest has struggled in recent years with high debt levels and a drop in profits after Britain imposed a 35% windfall tax on North Sea producers.
Mexico Pacific Appoints New CEO Bairstow
Sarah Bairstow joined Mexico Pacific Ltd. in 2019 and is assuming the CEO role following Ivan Van der Walt’s resignation.
Global Partners Declares Cash Distribution for Series B Preferred Units
Global Partners LP announced a quarterly cash dividend on its 9.5% fixed-rate Series B preferred units
Exxon Ups Mammoth Offshore Guyana Production by Another 100,000 bbl/d
Exxon Mobil, which took a final investment decision on its Whiptail development on April 12, now estimates its six offshore Guyana projects will average gross production of 1.3 MMbbl/d by 2027.
W&T Offshore Adds John D. Buchanan to Board
W&T Offshore’s appointment of John D. Buchanan brings the number of company directors to six.
Targa Resources Ups Quarterly Dividend by 50% YoY
Targa Resource’s board of directors increased the first-quarter 2024 dividend by 50% compared to the same quarter a year ago.
73-year Wildcatter Herbert Hunt, 95, Passes Away
Industry leader Herbert Hunt was instrumental in dual-lateral development, opening the North Sea to oil and gas development and discovering Libya’s Sarir Field.
Riley Permian Announces Quarterly Dividend
Riley Exploration Permian’s dividend is payable May 9 to stockholders of record by April 25.
UAE's ADNOC Recently Eyed BP as Takeover Target, Sources say
The Emirati giant, Abu Dhabi National Oil Co., considered all options when looking at BP, including buying a big stake.