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HomeFinance

Finance

Crude Oil News

Oasis Petroleum Inc. Declares First Variable Dividend of $3.00 per Share

March 13, 2022 Andy Del Prado

HOUSTON, /PRNewswire/ — Oasis Petroleum Inc. (NASDAQ: OAS) (“Oasis” or the “Company”) announced the declaration of its first variable dividend today in the amount of $3.00 per share of Oasis common stock, payable on March 31, 2022 to shareholders of […]

ENB Pub Note

The little engine that could, and the oil giant that couldn’t

May 27, 2021 Andy Del Prado

All we can say here at ENB is wow. ESG is here to stay, get on board are get left behind! Last December, when a week-old hedge fund named Engine No. 1 challenged Exxon Mobil […]

Duke Energy - Energy News Beat
Renewables Not Sustainable

Duke Energy begins construction on 22.6-megawatt Cabarrus County, N.C., solar project

May 27, 2021 Andy Del Prado

CHARLOTTE, N.C.,/PRNewswire/ — Expanding its rapidly growing clean-energy portfolio, Duke Energy has begun construction on the 22.6-MW Speedway Solar power plant in Cabarrus County. The project will be owned and operated by Duke Energy Sustainable Solutions, a […]

ESG

Chris Womack set to take over as Georgia Power CEO

May 27, 2021 Andy Del Prado

Chris Womack will become chairman and CEO of Georgia Power on June 1, the company announced Wednesday. Paul Bowers, who has served as chairman, president and CEO of Southern Co.’s largest electric subsidiary for 11 years, […]

Finance

Marathon Petroleum Corp. announces redemption of outstanding 5.125% senior notes due 2024

May 21, 2021 Andy Del Prado

FINDLAY, Ohio, /PRNewswire/ — Marathon Petroleum Corp. (NYSE: MPC) today announced the redemption of all of the $300 million outstanding aggregate principal amount of its 5.125% senior notes due April 1, 2024, including the portion of such notes for which […]

Downstream

Marathon Petroleum Corp. announces close of $21 Billion speedway sale and return of capital plans

May 19, 2021 Andy Del Prado

FINDLAY, Ohio , /PRNewswire/ — Marathon Petroleum Corp. (NYSE: MPC) today announced the close of the $21 billion sale of Speedway to 7-Eleven, Inc., a wholly owned, indirect subsidiary of Seven & i Holdings Co., Ltd (3382: Toyko). In conjunction […]

Crude Oil News

State says proposed rules combatting ozone will make for cleaner air. No wells exempt in new draft.

May 10, 2021 Andy Del Prado

New Mexico’s air will be cleaner and free of more ozone — equivalent to taking 8 million cars off the road, according to some estimates — if new requirements from the state’s Environment Department go into effect […]

Crude Oil News

U.S. drillers add oil and gas rigs for second week in a row -Baker Hughes

May 10, 2021 Andy Del Prado

U.S. energy firms added oil and natural gas rigs for a second week in a row as higher oil prices prompted some drillers to return to the wellpad. The oil and gas rig count, an […]

Earnings

TC Energy reports solid first quarter operating performance

May 10, 2021 Andy Del Prado

CALGARY, Alberta, (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced a net loss attributable to common shares for first quarter 2021 of $1.1 billion or $1.11 per […]

PDC Energy
Earnings

PDC Energy Announces 2021 First Quarter Financial and Operating Results

May 7, 2021 Andy Del Prado

DENVER, May 05, 2021 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced its 2021 first quarter financial and operating results. 2021 First Quarter Highlights: Net cash from operating activities of […]

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