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HomeExploration and Production

Exploration and Production

Europe
Big Oil Companies

Europe’s Oil Majors Will Struggle to Take On US Peers

May 5, 2023 Mariel Alumit

Welcome to Energy Daily, our guide to the energy and commodities powering the global economy. Today, Senior Reporter Kevin Crowley looks at the key reasons why Europe’s oil majors trade so far below their US counterparts. To get this newsletter […]

Good
ESG

Fighting the Good Fight

May 5, 2023 Mariel Alumit

There are often two speeches prepared in response to an outcome for an important event: one in the case of victory and one in the case of defeat. For CNX, when it comes to the […]

Arctic
Exploration and Production

Norwegian companies revive exploration plans in Arctic as government pushes for fresh discoveries

May 4, 2023 Mariel Alumit

(Bloomberg) – Norway’s biggest oil and gas companies are reviving exploration plans in Arctic waters, as the government agitates for fresh discoveries in the Barents Sea to secure the country’s future as a key energy […]

Exploration and Production

Callon to Acquire Core Delaware Basin Assets and Exit Eagle Ford

May 4, 2023 Andy Del Prado

HOUSTON, May 3, 2023 /PRNewswire/ — Callon Petroleum Company (NYSE: CPE) (“Callon” or the “Company”) today signed two definitive agreements that streamline and focus Callon’s operations, accelerate the achievement of its debt reduction target and allow for the […]

Haynesville
Exploration and Production

Haynesville natural gas production reached a record high in March 2023

May 3, 2023 Mariel Alumit

Dry natural gas production from the Haynesville shale play in northeastern Texas and northwestern Louisiana reached new highs in March 2023, averaging 14.5 billion cubic feet per day (Bcf/d), 10% more than the 2022 annual average of 13.1 […]

analyst
Big Oil Companies

Energy ‘better positioned’ for any kind of recession, analyst says

May 1, 2023 Mariel Alumit

Wells Fargo Analyst Roger Read joins Yahoo Finance Live to discuss quarterly earnings for Chevron and ExxonMobil, falling gas prices, the expectations for a hard landing, and the outlook for oil. – Despite concerns from investors […]

Carbon Capture

Financing the energy transition – we need a plan to provide the lowest kWh along the path

April 30, 2023 Mariel Alumit

ENB Pub note: Excellent article from White & Case about the Energy Transition. Looking at the money is like the old phrase “Follow The Money.” For years, climate change campaigners and policymakers have argued that […]

Exxon delivers a record first-quarter profit on higher output
Big Oil Companies

Exxon delivers a record first-quarter profit on higher output

April 29, 2023 Mariel Alumit

Exxon Mobil  on Friday reported a record first-quarter profit that was more than double from a year ago and topped Wall Street estimates as rising oil and gas output overcame a pullback in energy prices […]

Oxy holds groundbreaking ceremony for carbon capture plant
CCUS

Oxy holds groundbreaking ceremony for carbon capture plant

April 29, 2023 Mariel Alumit

Oxy’s carbon capture plant, Stratos, will be considered the world’s largest direct air capture plant once it’s complete. ODESSA, Texas — Oxy and its subsidiary, 1PointFive, held a groundbreaking ceremony Friday for their planned carbon […]

Oil
Crude Oil News

Oil Set For Sixth Straight Monthly Loss

April 28, 2023 Mariel Alumit

With earnings season in full swing, big players like Exxon, Halliburton and Baker Hughes have posted strong results despite lower crude prices in Q1. Friday, April 28, 2023 Oil prices have stabilized around $78 per […]

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