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HomeExploration and Production

Exploration and Production

Shell - Energy News Beat
Crude Oil News

Royal Dutch Shell to cut more than 300 North Sea jobs

January 12, 2021 Stu Turley

The oil giant Royal Dutch Shell is to cut 330 jobs from its operations in the North Sea. The company said most of the posts are based at its office in Aberdeen and will be […]

Crude Oil News

Overnight Oil Report 1/12/2021: Crude rebounds slightly amid profit taking

January 12, 2021 Mariel Alumit

ENB Publishers Note: CL briefly passes $53 before diving before settled below after European open drives price action down. Bull still fully in control. ______ Singapore — 0236 GMT: Crude oil futures were rangebound during the […]

Antero Resources - Energy News Beat
Exploration and Production

Antero Resources Announces Launch of $500 Million Offering of Senior Notes

January 11, 2021 Stu Turley

DENVER, Jan. 11, 2021 /PRNewswire/ — Antero Resources Corporation (NYSE: AR) (“Antero Resources”) announced today that, subject to market conditions, it intends to offer $500 million in aggregate principal amount of senior unsecured notes due 2029 (the “Notes”) in a private placement to eligible […]

Oil Rises With Market Structure Pointing to Tight Global Supply- Energy News Beat
Crude Oil News

Exxon’s Mega Oil Finds In Guyana Are Just The Beginning

January 10, 2021 Stu Turley

Like many global oil majors ExxonMobil is under considerable pressure because of the significant fallout from the COVID-19 pandemic, sharply weaker oil prices and the threat of peak oil demand. There are growing fears that […]

ESG

Marathon Oil Appoints Kimberly Warnica Senior Vice President and General Counsel

January 8, 2021 Mariel Alumit

HOUSTON, Jan. 8, 2021 /PRNewswire/ — Marathon Oil Corporation (NYSE: MRO) announced today that Kimberly Warnica has been appointed senior vice president and general counsel, with an anticipated effective date of January 11, 2021. “We are pleased to welcome Kim back […]

Petrobras-FPSO -Source - Petrobras - Energy News Beat
Crude Oil News

Petrobras sees record oil output in 2020

January 8, 2021 Stu Turley

Brazilian oil and gas giant Petrobras has registered records in its 2020 annual oil production and total annual production (oil and gas) of, respectively, 2.28 million barrels per day (bpd) of oil and 2.84 million […]

Exploration and Production

BP to relaunch sale of UK North Sea assets

January 7, 2021 Mariel Alumit

LONDON (Reuters) – BP has relauched the sale of stakes in a number of North Sea oilfields it agreed to sell to Premier Oil before the beleaguered company was taken over last year, industry sources […]

Energy Stocks could see 15 percent uptick in 2021 - Energy News Beat
Exploration and Production

Wyoming tribes plan to maintain control of their own oil, gas production

January 7, 2021 Mariel Alumit

(Wind River Reservation, WY) – The latest edition of the Northern Arapaho Newsletter released today, January 6th shared the Eastern Shoshone and Northern Arapaho Tribes agreed to let their lease with oil and gas company, Merit, […]

Exploration and Production

EQT expands 2021 hedging program, bracing for NG downside

January 6, 2021 Mariel Alumit

Denver, S/P Platts — Appalachia’s largest gas producer EQT is wading cautiously into the 2021 gas market, saying recently that it has already hedged approximately 80% of its annual production in a strategy to protect […]

ENB Pub Note

Colorado Operators prep for Jan 15th when SB 181 regulations begin – Sandstone Research

January 5, 2021 Mariel Alumit

ENB Publishers Note: This is an article I wrote regarding some consulting work I have worked on over the last 6 months regarding the incoming changing rules as it pertains to Colorado. ____ (Sandstone Group) One […]

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