Oil companies exploration and production
Pioneer Natural Resources CEO Scott Sheffield says oil could reach $100 a barrel by q4. He also says oil output in the Permian Basin will peak in five to six years. He speaks to Bloomberg’s […]
Offshore oil and gas is set for the highest growth in a decade in the next two years. Offshore activity is expected to account for 68% of all sanctioned conventional hydrocarbons in 2023 and 2024. […]
EOG Resources Inc.’s drilling plans — particularly in emerging plays in South Texas and the Utica Shale — are not being significantly impacted by the recent slump in natural gas prices, the company recently told […]
CNN — The Biden administration is expected to make a decision soon on whether to approve the controversial Willow Project in Alaska. ConocoPhillips’ massive Willow oil drilling project on Alaska’s North Slope has been moving through the […]
KEY POINTS Oxy CEO Vicki Hollub oversaw the No. 1-performing stock in the S&P 500 in 2022. The White House has pressured oil companies to produce more but Hollub says its capital spending plan will […]
March 6 (Reuters) – (This March 6 story has been corrected to read that the lawsuit was filed in the U.S. District Court for the District of Columbia, and not the U.S. Court of Appeals […]
Alaska’s congressional delegation personally appealed to President Joe Biden to approve a proposed ConocoPhillips oil development in the state, joining a last-minute lobbying frenzy around the project that’s being cast as a test of his commitment to […]
By Charles Kennedy of OilPrice.com, Russian tax revenue from crude oil and petroleum products plummeted by 48% in February from a year earlier due to the much lower price of Russia’s flagship crude grade after […]
Daily Standup Top Stories Forget Peak Oil Demand: A Thirst for Barrels Puts $100 in View March 5, 2023 Allen Santos As Covid-19 lockdowns gripped the world in 2020, Bernard Looney, chief executive officer of BP […]
BP, the former British Petroleum, desperately wants to be a good environmental citizen – but not just yet. Last month, the company rolled back its climate ambitions. Shareholders who love oil-soaked profits sent BP BP-N shares soaring. Shell SHEL-N, […]
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