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HomeExploration and Production

Exploration and Production

TOTAL, NEW OPERATOR OF BLOCK 58 OFFSHORE SURINAME, ANNOUNCES A FOURTH DISCOVERY
Crude Oil News

Total, Announces a fourth discovery in Guyana-Suriname Basin

January 14, 2021 Stu Turley

Paris, January 14, 2021 – Total and Apache Corporation have made a new significant oil and gas discovery at the Keskesi East-1 well, in Block 58 off the coast of Suriname. This follows previous discoveries at […]

Chevron to buy biodiesel producer REG in USD-3.15bn deal
Crude Oil News

Chevron makes bet on being last man standing – Good move for US oil

January 13, 2021 Stu Turley

Chevron Chief Executive Mike Wirth is doubling down on oil. The boss of the $180 billion U.S. fossil fuel firm told Reuters on Tuesday that he was a fan of the 2015 Paris Agreement to […]

Crude Oil News

Overnight Oil Report 1/13/2021: API predicts stock draw, $DXY weakening

January 13, 2021 Mariel Alumit

ENB Publishers Note: API shows large stock draw (we will confirm with the EIA today at 8:30 AM MST) and the DAX futures fall overnight (not sure how much effect that is having). Bulls still […]

Crude Oil News

Energy News Beat 1/12/2021

January 12, 2021 Mariel Alumit

Stocks turn north as interest rates push all time highs. The benchmark 10-year note yield traded briefly traded at 1.187%, its highest level since March. The 30-year bond rate climbed to 1.88%. S&P 500: 04% […]

Antero Resources - Energy News Beat
Crude Oil News

Antero Resources upsizes debt offering to $700 million

January 12, 2021 Mariel Alumit

Antero Resources Corporation AR announced that it has priced $700 million of senior unsecured notes. Notably, the aggregate principal amount is upsized from $500 million. The independent natural gas and natural gas liquids company priced the […]

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 […]

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