Dealmaking in the U.S. oil and gas industry in the third quarter of 2021 fell from a two-year high in the previous quarter, according to data analytics firm Enverus on Tuesday, as the industry cools […]
ENB Publishers Note: There are some things that are inevitable. Death and taxes to pay for overprinting of money. The world is in an inflation crisis. This is in part to Covid, and in part […]
All five oil and gas supermajors are looking to boost capital spending in 2022. Despite some of Big Oil reporting strongest earnings in years and record cash flows, capital discipline remains a key pillar of […]
Harold Hamm, one of the richest and most prominent shale wildcatters, is finally taking a stake in North America’s biggest oil field. Continental Resources Inc., the shale driller created and controlled by Hamm, agreed to […]
It was supposed to be a blockbuster quarter for energy names thanks to the ongoing surge in oil prices and it did not disappoint: earlier today Chevron reported stellar Q3 earnings, beating on the top […]
LONDON (Reuters) – Breaking up oil major Royal Dutch Shell into separate fossil fuels and renewables companies might be financially compelling but would not work in real life, finance chief Jessica Uhl said on Thursday. […]
Crude oil is up 65% this year to $83 per barrel. Gasoline, above $3 per gallon in most of the country, is more costly than any time since 2014, with inventories at the lowest level […]
ENB Publishers Note: So if the investment and finance world wants are to cut greenhouse gasses and invest only in energy that is good for the environment – where is nuclear? Seems a bit hypocritical […]
Michael Wirth, chairman and CEO of Chevron (NYSE:CVX), said Monday that he sees “a fair amount of support” for current oil prices, which have spiked above $80 a barrel in recent weeks. Speaking to CNBC, Wirth […]
Petrodollars are once again flowing in for Saudi Arabia. The kingdom is earning more money from oil exports than at any time since 2018, as the global economic recovery and OPEC+ production cuts boost prices. […]
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