Pietro D
Pitts
Hart Energy
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.
Diamondback Prices Senior Notes to Help Cover Endeavor Deal Cost
Diamondback Energy’s notes will help cover cash consideration for the pending acquisition of Endeavor Energy as well as repaying debt owed by Endeavor.
SilverBow Gears Up for Proxy Fight with Kimmeridge
Both SilverBow Resources and Kimmeridge Energy Management have proposed a slate of candidates for the board of directors with a vote set for May 21.
CIP Acquires Majority Stake in Elgin, Plans $315MM Investment
Copenhagen Infrastructure Partners acquired a majority stake in Elgin Energy with plans to invest $316 million in the company.
The Latest
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.
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.
Diamondback Prices Senior Notes to Help Cover Endeavor Deal Cost
Diamondback Energy’s notes will help cover cash consideration for the pending acquisition of Endeavor Energy as well as repaying debt owed by Endeavor.
SilverBow Gears Up for Proxy Fight with Kimmeridge
Both SilverBow Resources and Kimmeridge Energy Management have proposed a slate of candidates for the board of directors with a vote set for May 21.
CIP Acquires Majority Stake in Elgin, Plans $315MM Investment
Copenhagen Infrastructure Partners acquired a majority stake in Elgin Energy with plans to invest $316 million in the company.
GE Vernova Completes Spin-Off from GE
GE Vernova, an energy transition company, began trading as an independent company on the New York Stock Exchange this week.
Chevron Adds to Carbon Capture Tech Portfolio with ION Investment
Chevron New Energies led a funding round that raised $45 million in Series A financing for ION Clean Energy, according to a news release.
Riley Permian to Acquire New Mexico Acreage, Launches Stock Offering
E&P Riley Exploration Permian will offer 2.1 million shares to help pay for the purchase of 12,500 net acres in Eddy County, New Mexico.
Analysts, SLB Execs See Stability in $7.7B ChampionX Deal
The acquisition of ChampionX vaults SLB’s chemical production business to No. 1 globally and orients SLB's business toward resource recovery that is less tied to price volatility.
Mitsubishi Makes Investment in MidOcean Energy LNG
MidOcean said Mitsubishi’s investment will help push a competitive long-term LNG growth platform for the company.