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 […]
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 […]
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 […]
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 […]
Eagle Ford Shale pure-play Penn Virginia Corp. plans to maintain its current two-rig program through 2021 to grow production after it temporarily suspended drilling last year because of the Covid-19 pandemic. During a conference call […]
FINANCIAL HIGHLIGHTS Adjusted net income was $3.3 million for the quarter and $2.7 million for the year. The Company had a net loss of $7.9 million ($0.62 per basic and fully diluted share) for the […]
ExxonMobil has slashed its 2025 global oil and gas production estimate to 3.7 million boe/d, even as it focuses on growing output at the Permian Basin and in Guyana, the company’s top executives said March […]
The energy industry is already starting to recover from one the worst years in recent history after the coronavirus pandemic roiled global markets, Baker Hughes Chief Executive Lorenzo Simonelli said on Monday during CERAWeek by […]
Denbury Inc. (NYSE: DEN) (“Denbury” or the “Company”) today announced its fourth quarter and full-year 2020 financial and operating results, along with its 2021 capital budget and projected 2021 production. 2020 FOURTH QUARTER AND FULL-YEAR […]
Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced 2020 financial and operational results and 2021 operational plans and targets. Financial and Operational Highlights Generated free cash flow and reduced total debt […]
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