Yahoo Finance For years, Endeavor Energy founder Autry Stephens’ refusal to entertain acquisition offers for one of the most lucrative producers in the U.S. oil patch vexed some of his peers. “It’s not for sale, it hasn’t been for sale, it’s probably not going to ever sell,” Pioneer Natural Resources’ former CEO Scott Sheffield, a contemporary of Stephens, told a
Oil Price The historic Inflation Reduction Act (IRA) of 2022 took bold steps towards promoting U.S. production of critical minerals, with a dual-pronged goal of supporting a rapid energy transition and lessening U.S. reliance on China and Russia, two countries the U.S. the Department of Energy has tagged “foreign entity of concern” (FEOC). According to the United States Geological Survey,
Oil Price The American bubble of hiring managers in environmental, social, and governance roles is starting to bust amid pressures for firms to cut costs and backlash from investors against ESG. The number of departures in ESG roles exceeded arrivals in six of last year’s 12 months, per data from employment data provider Live Data Technologies cited by The Wall Street
World Oil (Bloomberg) – Oil production from the U.S. shale patch is expected to grow at a slower pace next month after a speed bump late last year knocked output off its record level. Combined crude production from the seven U.S. shale basins is forecast to rise to 9.72 MMbpd next month, up 0.2% from February, the U.S. Energy Information
Oil Price Carbon capture has failed for decades and policymakers need real solutions to emissions reductions, not a “complete falsehood” such as CCS, according to Andrew Forrest, the Australian billionaire who is the founder of iron ore producer Fortescue Metals Group. “We’re going to keep burning fossil fuels and somehow magically get rid of the carbon down into the ground
Calgary, Alberta–(Newsfile Corp. – February 13, 2024) – Forza Petroleum Limited (TSX: FORZ) (“Fo…
World Oil (WO) – On Friday, the Independent Petroleum Association (IPAA) and 25 other state, regional and national oil and gas associations wrote to congressional leadership urging action on methane regulations that could have a detrimental impact on our nation’s energy supply. In their letter, the groups express “serious concerns regarding the impact of the Environmental Protection Agency’s (EPA) new
2024-02-13 10:08:38 ET The Organization of the Petroleum Exporting Countries ( %OPEC ) …
CHESAPEAKE ENERGY CORPORATION, DELFIN LNG AND GUNVOR SIGN LONG-TERM LNG LIQUEFACTION OFFTAKE AGRE…
NEW YORK, Feb. 13, 2024 (GLOBE NEWSWIRE) — Bernstein Liebhard LLP: Do you, or did you,…
Colton, California, Feb. 13, 2024 (GLOBE NEWSWIRE) — In this day and age, new technological inno…
2024-02-13 09:20:00 ET VANCOUVER, BC – February 13, 2024 (Investorideas.com Newswire) Defen…
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