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May 29, 2024

ConocoPhillips to acquire Marathon Oil Corporation in all-stock transaction; provides shareholder distribution update- oil and gas 360

ConocoPhillips to acquire Marathon Oil Corporation in all-stock transaction; provides shareholder distribution update

May 29, 2024

Oil and Gas 360 MAY 29, 2024 Download .PDF Acquisition of Marathon Oil Corporation is expected to be immediately accretive to earnings, cash flows and return of capital per share. ConocoPhillips expects to achieve at least $500 million of run rate cost and capital savings within the first full year following the closing of the transaction. Independent of the transaction,

SilverBow Resources shareholders re-elect all SilverBow director nominees at 2024 annual meeting of shareholders- oil and gas 360

SilverBow Resources shareholders re-elect all SilverBow director nominees at 2024 annual meeting of shareholders

May 29, 2024

Oil and Gas 360 05/29/2024 HOUSTON–(BUSINESS WIRE)– SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or the “Company”) today announced that SilverBow shareholders have voted to re-elect all three of the Company’s director nominees – Gabriel L. Ellisor, Kathleen McAllister and Charles W. Wampler, based on the preliminary vote count provided by its proxy solicitor following the Company’s 2024 Annual Meeting of

Chevron shareholders re-elect all directors, CEO confident on Hess deal- oil and gas 360

Chevron shareholders re-elect all directors, CEO confident on Hess deal

May 29, 2024

Yahoo Finance Publisher’s Note: Chevron CEO Mike Wirth will be the lunch keynote speaker on Tuesday at EnerCom Denver—The Energy Investment Conference on August 18-21, 2024. Register to attend. Chevron shareholders on Wednesday re-elected all its 12 board directors, in a sign of support for the oil major at a time when it is caught in the regulatory crosshairs over

Pioneer’s Scott Sheffield fires back at FTC allegations following $60 billion ExxonMobil deal- oil and gas 360

Pioneer’s Scott Sheffield fires back at FTC allegations following $60 billion ExxonMobil deal

May 29, 2024

World Oil (Bloomberg) – Former Pioneer Natural Resources Co. Chief Executive Officer Scott Sheffield says federal regulators mischaracterized facts and wrongly vilified him in saying he tried to collude with OPEC to prop up crude prices, Fig. 1. Sheffield, a key figure in the rise of the U.S. shale industry, filed a request Tuesday with the Federal Trade Commission asking the agency to

Double Eagle poised for massive Permian asset sale- oil and gas 360

Double Eagle poised for massive Permian asset sale

May 29, 2024

Oil Price Privately-held Permian basin producer Double Eagle is reportedly considering the sale of assets potentially worth more than $6.5 billion, including debt, Reuters reported on Wednesday, citing unnamed sources. Reuters’ sources said they were anticipating the official start of the sale in the second half of this year, with existing Permian operators expected to be the most likely buyers

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