Canadian natural gas producers are bouncing back faster from the COVID-19 pandemic than battered U.S. shale firms, putting them in a position to boost net gas exports to the United States for the first time […]
The Ninth Circuit Court of Appeals extended an emergency order blocking ConocoPhillips Alaska Inc. from opening a gravel mine site and building roads to support its Willow oil development project in the National Petroleum Reserve-Alaska. The decision […]
France’s supermajor Total is warning that the world could find itself with a shortfall of supply of 10 million barrels per day (bpd) between now and 2025, due to continued underinvestment in the industry, the […]
The three FPSOs are Berge Helene, BW Cidade de São Vicente, and Espoir Ivoirien, BW Offshore said on Wednesday. According to BW Offshore, the impairments reflect continued uncertainty around redeployment and extension for certain older […]
Northern Oil and Gas has agreed to acquire certain non-operated natural gas assets in the Appalachian Basin from Reliance Marcellus Extends Northern’s non-operating model to Appalachia – the leading US natural gas basin – and […]
Last week we argued in Oilprice.com (“Can Renewables Become As Profitable As Oil and Gas?”, January 5, 2021) that oil companies could not maintain their expected levels of profitability by investing massively in renewable energy […]
Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone”, the “Company”, “our” or “we”), today provided an operations update, released 2021 guidance and announced its year-end 2020 estimated proved reserves. The Company has estimated its oil and gas […]
Exxon Stock Down Ahead Of Earnings Exxon will report fourth-quarter results before the market opens Tuesday. Chevron unexpectedly reported a Q4 loss Friday despite the rebound in crude oil prices. Estimates: Earnings is seen plunging over 97% to […]
Exxon Mobil Corp. pledged to spend $3 billion on low-emission technologies through 2025 to address investor concerns over its environmental record, unveiling a plan that comprises several projects that have already been announced. Exxon said Monday […]
Exxon Mobil Corp. is expected to announce board changes as soon as Tuesday, and talks are continuing with investor D.E. Shaw & Co. that may lead to additional director nominations in the weeks ahead, according to people familiar […]
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