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Upstream

Finance

Sundance Energy Emerges from Bankruptcy as Privately-held Independent E&P

April 26, 2021 Andy Del Prado

Eagle Ford Shale producer Sundance Energy Inc. emerged from Chapter 11 bankruptcy on April 23 as a privately held independent E&P based in Denver. In a company release, Sundance said it had emerged from the […]

ESG

MARKETS Exxon board member Jeff Ubben raises stake, as oil giant invests in carbon capture

April 26, 2021 Andy Del Prado

Activist investor and newly appointed Exxon board member Jeff Ubben is building his stake in the company on the belief that the oil giant will be integral to the energy transition. “I am,” he said Thursday on […]

Crude Oil News

California Governor Seeks to End Oil Drilling in State by 2045

April 26, 2021 Andy Del Prado

California Governor Gavin Newsom on April 23 directed state agencies to end new fracking permits by 2024 and to analyze how to phase out oil and gas extraction two decades later. The move comes as […]

South Africa Wind Farm - Alternative Africa - Energy News Beat
Electrical Generation / Utilities

A combination of small-scale renewables and gas may be Africa’s solution to its energy crisis

April 7, 2021 Stu Turley

The days of vertically integrated utilities such as South Africa’s Eskom are numbered and — particularly in a post-pandemic world — such companies will be unable to effectively tackle the challenge of providing Africa’s people […]

Kinder Morgan-EnergyNewsBeat.com
Carbon Capture

Kinder Morgan seeks to expand CO₂ business in clean energy push

April 4, 2021 Stu Turley

Pipeline giant Kinder Morgan Inc . plans to expand its carbon-capture business, joining the ranks of major oil and gas companies capitalizing on clean energy investing. Fueled by a push to eliminate greenhouse gas emissions, carbon capture […]

BP - Energy News Beat
Downstream

BP changes financial reporting after restructuring divisions

March 16, 2021 Stu Turley

BP outlined changes to its financial reporting after restructuring key divisions last year. The new financial reporting structure will comprise five BP segments: oil production and operations, gas and low-carbon energy, customers and products, Rosneft PJSC — […]

Downstream

BP, Rosneft strike deal to work on energy transition projects

February 4, 2021 Stu Turley

Moscow — BP and Russian energy giant Rosneft signed a cooperation agreement Feb. 4 to work on joint energy transition projects, including low-carbon technologies and hydrogen, the companies said in a joint press release. Both companies […]

Earnings

Energy News Beat: 2/2/2021: Going “Greening”

February 2, 2021 Mariel Alumit

Broad markets rise as GameStop fury runs out (couldn’t quite hold the line), and big earnings dropping. S&P 500: 39% Nasdaq: 72% Dow Jones: 60% “Inevitably, and as with any technically-driven short squeeze, the Reddit […]

Energy Stocks could see 15 percent uptick in 2021 - Energy News Beat
Exploration and Production

Wyoming tribes plan to maintain control of their own oil, gas production

January 7, 2021 Mariel Alumit

(Wind River Reservation, WY) – The latest edition of the Northern Arapaho Newsletter released today, January 6th shared the Eastern Shoshone and Northern Arapaho Tribes agreed to let their lease with oil and gas company, Merit, […]

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