HOUSTON, March 19 (Reuters) – Equinor is investing around $6 billion a year in oil and gas exploration and drilling in Norway to maintain steady output levels through 2035, CEO Anders Opedal told Reuters. The Norwegian energy […]
Daily Standup Top Stories U.S. Electricity Generation by Source in 2023: Natural Gas, Coal, Nuclear, Wind, Hydro, Solar, Geothermal, Biomass, Petroleum February 27, 2024 Mariel Alumit By Wolf Richter for WOLF STREET. Electricity generation, as measured in gigawatt-hours, has […]
MIDLAND, Texas, Feb. 27 /BusinessWire/ — Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE:PR) today announced its fourth quarter and full year 2023 financial and operational results and 2024 operational plans. Permian Resources’ full […]
ESG funds operating in Europe are facing a forced divestment from oil and gas companies under new French regulations. Per the new regime, ESG funds that want to earn the official French label of “socially […]
A couple of months ago, U.S. President Joe Biden urged energy companies to stop ‘war profiteering’ and even threatened to slap them with windfall tax if they failed to invest their profits in lowering costs for Americans […]
Shale stocks aren’t plunging along with crude oil benchmarks Capex and production discipline among U.S. shale producers have kept investors content The effects of this selloff will likely soon disappear as the panic subsides with […]
As recently as a year ago, sources of capital for U.S. oil and gas producers were extremely scarce and only came at a premium. Today, with oil prices mostly hovering around $100-per-barrel, the outlook is […]
All five oil and gas supermajors are looking to boost capital spending in 2022. Despite some of Big Oil reporting strongest earnings in years and record cash flows, capital discipline remains a key pillar of […]
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