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Occidental’s Crownrock Deal Caps Busy Year Of Permian M&A
Occidental Petroleum Corporation’s $12 billion deal to acquire CrownRock LP added to the rush of M&A activity in the Permian Basin in 2023 as operators looked to build future drilling inventory in the massive Texas and New Mexico resource play.
Diamondback’s Corporate Culture Key To Improved Drilling Efficiencies
A corporate culture focused on driving down costs while driving up well productivity is allowing Permian oil producer Diamondback Energy, Inc. to drill more wells faster while keeping a lid on capital expenditures.
EQT Looks To Hit Net Zero Targets By 2025
The U.S.’s largest natural gas producer, EQT Corporation, says it is on track to achieve its goal of net-zero Scope 1 and Scope 2 greenhouse gas emissions in its production segment by 2025.
EQT Corporation Begins Testing LNG Market
EQT Corporation, the biggest independent U.S. natural gas producer, is dipping its toes into the LNG export market.
Shell Curbs Emissions Despite Renewed Gas, Liquids Commitments
Shell plc has made sustained progress cutting emissions in recent years, though a commitment to maintaining oil production through to 2030 could make reaching its short-term emissions targets a challenge.
Free Cash Flow Records Tumble Among North America’s Oil And Gas Producers In Q1 2022
A significant leap in operating cash flow in Q1 2022 allowed oil and gas producers across the U.S. and Canada to enjoy record levels of free cash flow – again.
Dividends Increase Across North American Upstream Industry
North American oil producers are refocusing on increased shareholder returns with abundant free cash flow evident across the board in Q2 2021.
Share Buybacks Will Be Key Theme In Second Half Of 2021
More and more oil and gas producers are releasing plans for major share buybacks after a bumper six-month period for free cash flow.
How Are North American Oil And Gas Producers Using Their Cash?
Early 2021 saw revenues and operating cash flow soar in the North American oil and gas industry. A new report studies how far this sudden cash injection changed spending habits for 86* U.S. and Canadian oil and gas producers.
Solar Deals Up In U.S., Europe, Asia Pacific In 2020, Early 2021
Solar power deal making in North American and European markets saw a major uptick in 2020 and early 2021 thanks to growing demand for stakes in future generation capacity.
Wind Power Deals Soar On Demand For Future Generation Capacity
Wind power deal making in European and Asia Pacific markets saw a major uptick in 2020 and early 2021 thanks to growing demand for stakes in future generation capacity.
Meg Energy Delivers Top Q3 Netback Among Oil-Weighted Producers In North America
New data from Evaluate Energy shows that MEG Energy’s oilsands operations generate the highest overall operating netback per barrel among North America’s most heavily oil-weighted producers.
France Top M&A Target For European Wind Power Deals
Evaluate Energy renewable energy deal data shows that, so far, Europe has seen 100 deals agreed for wind power assets in 2020.
M&A Q3 2020 – Canada Sees Resurgence In Upstream Deals
Canadian upstream activity sprung to life in Q3 with a series of deals agreed involving ConocoPhillips (COP), Canadian Natural Resources (CNQ) and Whitecap Resources (SPGYF).
What Does It Cost To Complete A Well In Alberta?
Higher commodity prices in Canada are driving a renewed focus on completing wells in Alberta, following a huge increase in the number of drilled but uncompleted wells (DUCs) over the past three years.
Statoil Joins Shell And Other Foreign Companies In Exiting Canadian Projects
Norway’s oil and gas powerhouse Statoil ASA has finalized its exit from the Canadian oilsands and is by no means alone in a list of high-profile internationally-based operators to agree a sale of Canadian upstream assets during the past 12 months.
1 to 16 of 43 Posts