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HomeExploration and Production

Exploration and Production

Exploration and Production

Pioneer Natural Resources Announces Bolt-On Acquisition of DoublePoint Energy in the Midland Basin

April 2, 2021 Stu Turley

Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or “the Company”) today announced that it has entered into a definitive purchase agreement to acquire the leasehold interests and related assets of DoublePoint Energy (DoublePoint) in a transaction valued […]

Earthstone Energy - Energy News Beat
Exploration and Production

Earthstone Energy Announces Midland Basin Asset Acquisition

April 1, 2021 Stu Turley

Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”) today announced that it has entered into definitive agreements to acquire privately held operated assets located in the Midland Basin (the “Tracker Acquisition”) from Tracker Resource […]

Exxon - Energy News Beat
Exploration and Production

Exxon sees up to $800million earnings hit from Texas freeze

April 1, 2021 Stu Turley

Exxon Mobil Corp . expects first-quarter earnings to be reduced by as much as $800 million due to the deep freeze that plunged Texas into darkness last month. Even so, the oil giant probably returned to profit after […]

Brazilian President Jair Bolsonaro fired Branco in February after they clashed over fuel prices - energynewsbeat.com
Exploration and Production

Petrobras top managers quit for clashing with incoming CEO’s plans

March 26, 2021 Stu Turley

Petroleo Brasileiro SA’s chief financial officer and three other top executives decided to leave the state-controlled producer after clashing with the plans of the company’s incoming chief executive, a person close to the executives said. Topics of […]

UK pledges not to leave oil and gas workers behind as landmark North Sea transition deal is agreed
Crude Oil News

UK pledges not to leave oil & gas workers behind as landmark North Sea transition deal is agreed

March 24, 2021 Stu Turley

The UK government has pledged that high-skilled oil and gas workers and the supply chain will not be left behind in the transition to a low carbon future as the landmark North Sea Transition Deal […]

Earnings

Ring Energy Announces Fourth Quarter and Full Year 2020 Results Including Year-End 2020 Proved Reserves and Affirms 2021 Guidance

March 16, 2021 Stu Turley

  Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today reported operational and financial results for the fourth quarter and full year 2020 including Ring’s year-end 2020 reserves and affirmed 2021 guidance. Highlights […]

Exploration and Production

First Shale IPO in Almost Half a Decade to Test Wary Investors

March 16, 2021 Stu Turley

The first initial public offering for a shale driller in almost half a decade will test investors’ desire for an industry that’s still dusting off from last year’s historic energy-market bust. Vine Energy Inc., which […]

Cedar Creek Wind Farm-Weld County - Co
ENB Pub Note

Will the Colorado Regulations in SB181 be used for positive U.S. energy policies by the Biden Administration?

March 15, 2021 Stu Turley

The new Colorado Regulations outlined in Senate Bill 181 have been presented to the Biden administration as an example for U.S. deployment in the energy sector. Many regulations have good intentions and try to positively […]

Octavio Romero Oropeza -EnergyNewsBeat.com
Crude Oil News

Pemex CEO Touts Discovery of Possible Billion-Barrel Field

March 15, 2021 Stu Turley

Petroleos Mexicanos discovered what’s expected to be a billion-barrel oil field in Tabasco as it aims to reverse a decade and a half of sinking production. The new field at the southern part of the […]

Guyana's
Crude Oil News

U.K. Lawmakers Mull Ban on New North Sea Exploration: Telegraph

March 14, 2021 Stu Turley

Telegraph reported. Britain is considering options that include ending permits in 2040, and an immediate temporary pause in licensing, the newspaper reported. It’s also possible that there will be no changes. The U.K. has a […]

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