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HomeExploration and Production

Exploration and Production

ConocoPhillips
Exploration and Production

Exclusive: ConocoPhillips weighs CrownRock bid to challenge rivals

October 26, 2023 Mariel Alumit

NEW YORK, Oct 26 (Reuters) – ConocoPhillips (COP.N) is considering an offer for CrownRock LP, an energy producer in the west Texas area of the Permian basin, people familiar with the matter said, as consolidation in the […]

Texas
Crude Oil News

Texas regulator assess over $2 million in penalties against oil, gas operators

October 26, 2023 Mariel Alumit

World Oil AUSTIN – The Railroad Commission of Texas assessed $2,425,495.50 in fines involving 597 enforcement dockets against operators and businesses at the Commissioners’ Conference on Tuesday. The Commission has primary oversight and enforcement of […]

Crude Oil News

Chevron’s Hess acquisition delivers “richly-valued” oil independent

October 26, 2023 Mariel Alumit

World Oil (Bloomberg) – Chevron Corp.’s acquisition of Hess Corp. does more than give it a stake in the world’s fastest-growing oil field off the coast of Guyana and shale assets in the Bakken basin of […]

Big Oil Companies

Daily Energy Standup Episode #238 – California’s Self-Driving Car Safety Concerns, Clean Energy Stock Woes, and More

October 26, 2023 Andy Del Prado

Daily Standup Top Stories California hits pause on GM Cruise self-driving cars due to safety concerns October 24, 2023 Mariel Alumit News|Technology The United States state of California has suspended testing of Cruise self-driving cars developed […]

oil
Crude Oil News

Millions to help West Virginia tackle orphaned oil wells don’t go far enough

October 25, 2023 Mariel Alumit

​ This story was originally published by Mountain State Spotlight. Get stories like this delivered to your email inbox once a week; sign up for the free newsletter at https://mountainstatespotlight.org/newsletter. WEST UNION — Nearly 20 years […]

Exploration and Production

US energy M&A slows in Q3, but October’s mega deals to spark activity – Enverus

October 24, 2023 Mariel Alumit

Nasdaq Blockbuster takeovers by U.S. oil and gas majors Exxon and Chevron this month may spark further consolidation in the energy industry after a quieter third quarter for mergers and acquisitions in the sector, analytics […]

Big Oil Companies

Value gap between European, U.S. oil majors “stubbornly wide” amidst Exxon, Chevron megadeals

October 24, 2023 Mariel Alumit

World Oil (Bloomberg) – Europe’s oil majors seem to finally be winning back investors by refocusing on their core business, yet the valuation gap with their dealmaking U.S. peers remains stubbornly wide. After companies such […]

Crude Oil News

Chevron to increase Guyana, Bakken shale production with $53 billion Hess acquisition

October 24, 2023 Mariel Alumit

World Oil (WO) — Chevron Corporation has entered into a definitive agreement with Hess Corporation to acquire all of the outstanding shares of Hess in an all-stock transaction valued at $53 billion, or $171 per […]

Big Oil Companies

Analysis: Mega transatlantic oil mergers less likely after Exxon, Chevron deals

October 24, 2023 Mariel Alumit

Yahoo Finance LONDON – The prospect of Exxon Mobil or Chevron buying European majors has receded after the two leading U.S. oil companies announced major acquisitions focused on the Americas this month, investors said. Source: […]

ENB Daily Standup

Daily Energy Standup Episode #236 – Insights into Transmission Challenges, Energy Transition Delays, and Major Industry Moves

October 24, 2023 Andy Del Prado

Daily Standup Top Stories Invenergy’s 5-GW Grain Belt transmission project faces continued opposition at FERC October 23, 2023 Mariel Alumit Dive Brief: The Missouri Landowners Alliance on Friday urged the Federal Energy Regulatory Commission to require Invenergy to […]

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