Monday, February 10, 2025
Chevron charge points to billions more in gas writedowns: analysts- oil and gas 360

Chevron charge points to billions more in gas writedowns: analysts

Reuters Oil and gas producers could wipe billions of dollars more off the value of U.S. natural gas assets in the months ahead, analysts said on Wednesday, after Chevron Corp became the fourth oil major to slash its estimates for sector values. A long, steady increase in U.S. gas production – much of it a byproduct of the shale oil

Continental Resources announces Harold Hamm is stepping up to Executive Chairman- oil and gas 360

Continental Resources announces Harold Hamm is stepping up to Executive Chairman

OKLAHOMA CITY, Dec. 11, 2019 /PRNewswire/ — Continental Resources, Inc. (NYSE-CLR) announced today that effective January 1, 2020, Founder and Chief Executive Officer, Harold Hamm will step up to the role of Executive Chairman. William Berry has been appointed Chief Executive Officer and President Jack Stark will assume the additional role of Chief Operating Officer. “Bill gives us an extraordinary

Baker Hughes to power all of its Texas facilities from renewables- oil and gas 360

Baker Hughes to power all of its Texas facilities from renewables

Houston Chronicle Houston oilfield service and technology company Baker Hughes has entered into a deal to power all of its facilities in Texas from renewable sources such as wind and solar. In a Wednesday morning statement, Baker Hughes announced signing a 10-year power purchase agreement with the French-owned power company EDF Energy to get all of the electricity for its