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HomeBig Oil Companies

Big Oil Companies

Exxon
Big Oil Companies

Analysts Look at What Exxon-Pioneer Deal Would Mean

October 9, 2023 Mariel Alumit

In a statement sent to Rigzone late Friday, Enverus Intelligence Research (EIR) Director Andrew Dittmar told Rigzone that, “per late-breaking media reports, ExxonMobil (XOM) is closing in on a historic shale deal by acquiring Permian juggernaut […]

Energy
Big Oil Companies

Oil Prices, Energy Stocks Surge After Attack on Israel. Here’s What Comes Next.

October 9, 2023 Mariel Alumit

Oil prices were climbing sharply on Monday in reaction to the attack on Israel by Hamas. Energy stocks rose as traders watched how the conflict is set to affect oil production and transportation in the Middle East. […]

API
Big Oil Companies

API: Gulf of Mexico restrictions negatively impact U.S. oil, gas production, analysis shows

October 9, 2023 Mariel Alumit

WASHINGTON, October 6, 2023 – The American Petroleum Institute (API) released new analysis that outlines the potential consequences of new vessel restrictions on American oil and gas workers in the U.S. Gulf of Mexico. The […]

Big Oil Companies

Daily Energy Standup Episode #225 – Discussions on Carbon Disclosure, Geopolitics, the Future of Fossil Fuels, Exxon’s Potential Acquisition and Oil & Gas Market Dynamics

October 9, 2023 Andy Del Prado

Daily Standup Top Stories For Oil, It’s Not 1973 Again – But It Could Still Turn Ugly October 7, 2023 Allen Santos Exactly 60 years ago, the Yom Kippur War of 1973 (October 6 to October […]

Big Oil Companies

Shell CEO plans company-wide meeting to discuss shift back to fossil fuels

October 7, 2023 Mariel Alumit

Bloomberg) – Shell Plc Chief Executive Officer Wael Sawan will meet with employees later this month to discuss the decision to put a greater share of investment into fossil fuels. Shell CEO Wael Sawan Sawan […]

Big Oil Companies

Exxon investors ready to embrace buying existing oil over new drilling

October 7, 2023 Mariel Alumit

Exxon Mobil’s investors now prefer the company use its share price and financial might to acquire existing oil and gas production rather than spend on drilling that could take years to pay off. In the last […]

Big Oil Companies

US would struggle to block Exxon’s politically unpopular megadeal

October 7, 2023 Mariel Alumit

The White House may have blamed Exxon Mobil for high energy prices taking their toll on consumers, but would struggle to thwart the top U.S. oil producer’s contemplated $60 billion acquisition of Pioneer Natural Resources, five antitrust lawyers and […]

Exxon Mobil CEO
Big Oil Companies

Exxon CEO’s Quest for Mega Deal Is a Bet on Oil’s Staying Power

October 7, 2023 Mariel Alumit

ExxonStrategic wager on shale would help define CEO Woods’s tenure Raymond’s Mobil merger, Tillerson’s XTO deal are precedents Exxon Mobil Corp. boss Darren Woods is poised to emulate his two predecessors with a career-defining mega deal that — […]

Big Oil Companies

Daily Energy Standup Episode #224 – Weekly Recap: BlackRock’s Losses, UK’s EV Delay, China’s Demand, and Climate Concerns

October 7, 2023 Andy Del Prado

Daily Standup Weekly Top Stories No Energy Transition Unless Tech Can Make It Cost Competitive: BlackRock October 1, 2023 Allen Santos There will be no energy transition unless we can find new technologies that bring down […]

AI

Daily Energy Standup Episode #222 – Switzerland Bans Electric Cars, AI Power Demand Rises, LNG Prices Soften, Biden’s Grid Plan Challenged and OPEC Warns of Underinvestment

October 4, 2023 Andy Del Prado

Daily Standup Top Stories Switzerland plans to BAN electric cars from the roads and order games consoles turned off during power shortages in a bid to reduce energy consumption October 3, 2023 Mariel Alumit Swiss have […]

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