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HomeExploration and Production

Exploration and Production

Earnings

Diamondback Energy, Inc. Announces Fourth Quarter and Full Year 2022 Financial and Operating Results; Increases Base Dividend

February 22, 2023 Mariel Alumit

​ MIDLAND, Texas, Feb. 21, 2023 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the fourth quarter and full year ended December 31, 2022. […]

China
Crude Oil News

African, South American producers struggle as China purchases Russian oil

February 22, 2023 Mariel Alumit

(Bloomberg) – As China scoops up more and more discounted Russian oil, producers in Africa and South America are losing out. Angola is among the hardest hit at the moment, with daily oil exports to […]

Guggenheim
Exploration and Production

Guggenheim Capital LLC Increases Stake in Pioneer Natural Resources

February 22, 2023 Mariel Alumit

Guggenheim Capital LLC raised its position in Pioneer Natural Resources (NYSE:PXD – Get Rating) by 6.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 165,793 […]

oil
Big Oil Companies

Are the oil majors destined for extinction?

February 21, 2023 Mariel Alumit

When Bernard Looney became oil major BP’s CEO in 2020, his vocal interest in how the company could transition towards a low-carbon future inspired hope that he would be a driving force in realising BP’s 20-year ambition […]

U.S
Crude Oil News

“How Fracking Has Contributed To U.S. CO2 Emission Reductions”

February 20, 2023 Mariel Alumit

Since 2008, an outstanding achievement in U.S. energy has occurred with barely a whisper from the news media. Electricity prices have plateaued to a very small annual growth rate, while at the same time U.S. […]

Crude Oil News

First oil flows from Shell’s deepwater project in U.S. Gulf of Mexico

February 18, 2023 Mariel Alumit

Home Fossil Energy First oil flows from Shell’s deepwater project in U.S. Gulf of Mexico UK-headquartered energy giant Shell has brought on stream a deepwater project in the U.S. Gulf of Mexico (GOM), which has […]

Downstream

ENB #104 John Gutentag, Enverus, – We have a indepth conversation of new EPA regulations and it’s impact on oil and gas. “Legislation Through Regulations and Taxation Through Regulations.”

February 17, 2023 Mariel Alumit

John and I have a great talk about the new reports from Enverus on the “Upstream Emissions Starting the Decent to Net Zero” and “Say Goodbye to Flaring Uncertainty.” With both of these extensive reports, […]

Aker
Exploration and Production

Aker BP getting ready to spud North Sea prospect with Saipem rig

February 16, 2023 Mariel Alumit

Home Fossil Energy Aker BP getting ready to spud North Sea prospect with Saipem rig Norwegian oil and gas player Aker BP has received consent from Norway’s offshore safety regulator for exploration drilling in the North […]

Crude
Exploration and Production

Russia Production Shock Is Fading For Crude Oil Bulls

February 15, 2023 Mariel Alumit

By Grant Smith, Bloomberg Markets Live reporter and analyst President Vladimir Putin captured the oil world’s attention with last week’s announcement of production cuts, but for crude bulls the impact of a Russian disruption is […]

EnergyNews

Vital Energy Announces Midland Basin Acquisition

February 15, 2023 Mariel Alumit

TULSA, OK, Feb. 14, 2023 (GLOBE NEWSWIRE) — Vital Energy, Inc. (NYSE: VTLE) (“Vital” or the “Company”) today announced the signing of a definitive purchase and sale agreement to acquire the assets of Driftwood Energy […]

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