Wednesday, December 25, 2024
SM Energy announces certain second quarter 2023 activity: 2.6 million shares repurchased, production up, capital expenditures down, and entered agreements to acquire 22,800 oily net acres- oil and gas 360

SM Energy announces certain second quarter 2023 activity: 2.6 million shares repurchased, production up, capital expenditures down, and entered agreements to acquire 22,800 oily net acres

Oil and Gas 360 Publisher’s Note: SM Energy will be a presenter at the 28th annual EnerCom Denver – The Energy Investment Conference that brings together energy companies, investors, analysts, and key industry leaders. Register to attend at www.enercomdenver.com DENVER, June 21, 2023 /PRNewswire/ — SM Energy Company (the “Company”) announced today certain updates on second quarter 2023 activity. Repurchased 2.6 million

Baytex announces closing of Ranger acquisition and updated guidance for 2023- oil and gas 360

Baytex announces closing of Ranger acquisition and updated guidance for 2023

BOE Report Publisher’s Note: Baytex Energy will be a presenter at the 28th annual EnerCom Denver – The Energy Investment Conference that brings together energy companies, investors, analysts, and key industry leaders. Register to attend at www.enercomdenver.com Calgary, Alberta–(Newsfile Corp. – June 20, 2023) – Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) (“Baytex”) announces the closing of its acquisition (the “Merger”) of

Renewables set to benefit from big oil's renewed focus on oil and gas - oil and gas 360

Renewables set to benefit from big oil’s renewed focus on oil and gas

Oil Price Environmentalists and critics are having a field day after a second international energy major scaled back its renewable development ambitions in the space of just a few months. But Big Oil’s renewed focus on profitable projects in oil and gas and the new, selective approach to wind, solar, and other clean energy solutions with the best economics could

Exclusive: Exxon, Guyana in talks to return unexplored offshore oil areas- oil and gas 360

Exclusive: Exxon, Guyana in talks to return unexplored offshore oil areas

Nasdaq HOUSTON  – Exxon Mobil Corp XOM.Nand Guyana are in talks over which unexplored offshore areas will be returned to the government, people close to the discussions said, as the nascent oil nation seeks to attract new operators to the country. The Exxon-led consortium that controls offshore production in Guyana this year was required to return 20% of unexplored acres, under the original 2016 production contract. he

Eni nears $5 billion Neptune Energy deal to expand natural gas business- oil and gas 360

Eni nears $5 billion Neptune Energy deal to expand natural gas business

World Oil (Bloomberg) – Italian energy group Eni SpA is nearing a deal to acquire oil and natural gas operator Neptune Energy Group Ltd. for about $5 billion, according to people familiar with the matter. Eni could announce a deal as soon as this week for private equity-backed Neptune, said the people, who asked to not be identified because the

Oil prices flat ahead of Powell's brief to Congress - oil and gas 360

Oil prices flat ahead of Powell’s brief to Congress

Oil Price Oil prices were flat early on Wednesday as Fed Chair Jerome Powell is set to brief Congress on the U.S. economy today and tomorrow. As of 7:57 a.m. ET on Wednesday, the U.S. benchmark, WTI Crude, was up 0.01% at $71.16, and the international benchmark, Brent Crude, traded at $75.83, slightly down by 0.04% on the day.   Prices have