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Home2021May

Month: May 2021

PDC Energy
Earnings

PDC Energy Announces 2021 First Quarter Financial and Operating Results

May 7, 2021 Andy Del Prado

DENVER, May 05, 2021 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced its 2021 first quarter financial and operating results. 2021 First Quarter Highlights: Net cash from operating activities of […]

Earnings

Canadian Natural Resources Limited Announces 2021 First Quarter Results

May 7, 2021 Andy Del Prado

Calgary, Alberta–(Newsfile Corp. – May 6, 2021) – Commenting on the Company’s first quarter 2021 results, Tim McKay, President of Canadian Natural stated “The COVID-19 pandemic continues to challenge our everyday living and the way […]

EQT and Project Canary Partner on Certified Responsibly Sourced Natural Gas Pilot
Finance

EQT Announces Transformative Transaction with Alta Resources

May 7, 2021 Andy Del Prado

PITTSBURGH, — EQT Corporation (NYSE: EQT) announced that it has entered into a purchase agreement with Alta Resources Development, LLC (Alta), pursuant to which EQT will acquire all of the membership interests in Alta’s upstream and midstream subsidiaries […]

Earnings

Murphy Oil Corporation Announces First Quarter 2021 Results

May 7, 2021 Andy Del Prado

HOUSTON–(BUSINESS WIRE)–Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the first quarter ended March 31, 2021, including a net loss attributable to Murphy of $287 million, or $1.87 net loss […]

Montana Colstrip coal-fired plant
Coal

Colstrip coal plant owners sue over Montana law

May 7, 2021 Stu Turley

Puget Sound Energy (PSE), PacifiCorp, Avista and Portland General Electric (PGE) filed a lawsuit against Northwestern Corporation and Talen Energy in the US District Court for the District of Montana on 4 May, saying SB265 violates both […]

Jerome Powel Fed chair - EnergyNewsBeat.com
ENB Pub Note

U.S. Job Growth Disappoints in Challenge to Economic Recovery – How does this impact energy?

May 7, 2021 Stu Turley

Energy News Beat Publishers Note (ENB): There are some interesting diametrically opposing forces at play. We (U.S.) did not take care of the service industry business owners and a record number of businesses had to […]

Crude Oil News

Marathon Oil returns to limited Oklahoma, Delaware Basin operations

May 7, 2021 Stu Turley

Houston — Marathon Oil is returning to limited operations in Oklahoma and the Permian Basin’s western Delaware Basin in New Mexico before ramping up next year, the company’s top executives said May 6. The company opted […]

Oasis - buying Diamondback Energy Bakken assets -energynewsbeat.com
Bankruptcy

Oasis is buying out Diamondback Energy’s Bakken assets in all-cash purchase

May 7, 2021 Stu Turley

Just a few months after existing Chapter 11 bankruptcy, Oasis Petroleum is buying up all of Diamondback Energy ’s Bakken assets, adding about 95,000 acres to its already extensive Bakken Portfolio in an all-cash deal valued at […]

Austraila wind - energynewsbeat
International News

Australia tops step-change energy transition scenario

May 7, 2021 Stu Turley

Sydney, 7 May (Argus) — The rate of investment and construction of more power generation capacity in Australia from renewable sources such as wind and solar is exceeding the most optimistic scenario, known as step […]

Antonio Guterres - Photographer - Christopher Goodney - Bloomberg
Commodities

UN Head Calls on Global Funding Agencies to Shun Fossil Fuels

May 7, 2021 Stu Turley

The head of the United Nations is calling on international lending agencies to stop financing major fossil fuel projects, which he said are no longer economic investments. UN Secretary General Antonio Guterres, in a speech Thursday, also […]

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