ESG/Corporate Responsibility – Page 4

ConocoPhillps’ Willow project to reach first production in “four more winters;” expects modest Permian growth

March 20, 2024

World Oil WO) – During CERAWeek by S&P Global’s second day, ConocoPhillips’ CEO Ryan Lance announced that his firm’s highly-anticipated Willow project in Alaska is making developmental headway. Sitting down with S&P Global’s Dan Yergin, Lance also discussed Biden’s controversial LNG export ban, the U.S.’ unprecedented production growth in 2023, the role of artificial intelligence, and regulatory issues plaguing the U.S.

CVW CleanTech Announces the Appointment of Vice President, Corporate Development and Grant of Equity Awards

March 20, 2024

Calgary, Alberta–(Newsfile Corp. – March 20, 2024) – CVW CleanTech Inc. (TSXV: CVW) (OTCQX…

Chevron CEO says ExxonMobil discussions over prolific oil field offshore Guyana “ended abruptly”

March 19, 2024

World Oil (Bloomberg) – Chevron Corp.’s discussions with Exxon Mobil Corp. and China’s Cnooc Ltd. over a prolific oil field off the shores of Guyana ended “abruptly” a few weeks ago, Chief Executive Officer Mike Wirth said. Chevron held constructive talks with Exxon and Cnooc over the Stabroek block off Guyana several months ago as part its proposed $53 billion

ExxonMobil “open” to talking with Chevron over oil offshore Guyana amidst Hess acquisition

March 19, 2024

World Oil (Bloomberg) – Exxon Mobil Corp. is open to talking to Chevron Corp. about its proposed takeover of Hess Corp. as the oil giants spar over the deal’s implications for a massive offshore oil project in Guyana, Chief Executive Officer Darren Woods said in an interview. His comments mark that first time Exxon has publicly made clear it’s willing

Canter Resources Appoints New CFO, Corporate Secretary, Provides Corporate Updates and Announces Annual General Meeting Date

March 14, 2024

Vancouver, British Columbia–(Newsfile Corp. – March 14, 2024) – Canter Resources Corp. (CSE: CR…

Shell plans to cut 20% of jobs in its M&A unit

March 13, 2024

Oil Price The ongoing job cuts at Shell are extending to the team handling mergers and acquisitions for the supermajor as the oil and gas giant is looking to eliminate around 20% of several hundred positions in the M&A unit, unnamed sources familiar with the plans have told Bloomberg. Shell has been saying for months that it is pursuing a leaner

Christie Raymond Appointed to Alliant Energy Board of Directors

March 8, 2024

The Alliant Energy Board of Directors has appointed Christie Raymond as a new director, effective…

Petrobras loses over $10 billion in market cap after dashing dividend hopes

March 8, 2024

Yahoo Finance Petrobras has been a major cash cow for its shareholders in recent years, including the Brazilian government, with the prior management paying out far more than Western oil major peers. Under new management picked by President Luiz Inacio Lula da Silva, the company had pared back its payouts, but an extraordinary dividend was still widely expected in the

YPF to exit aging Argentine oil fields to free $800 million for Vaca Muerta shale push

March 7, 2024

World Oil (Bloomberg) – Argentina’s biggest oil and gas producer, state-run YPF SA, said its sweeping plan to divest aging oil fields will free up hundreds of millions of dollars to invest in its shale push in the heralded Vaca Muerta formation. “Exiting some of our mature conventional fields will release around $800 million in capex to be reallocated primarily

Gear Energy Ltd. Announces CEO Retirement and Appointment of New CEO

March 6, 2024

Calgary, Alberta–(Newsfile Corp. – March 6, 2024) – Gear Energy Ltd. (“Gear” or the “Company”) (…

Pine Cliff Energy Ltd: President’s message to shareholders

March 5, 2024

Oil and Gas 360 I hope everyone is doing well. Pine Cliff has been busy integrating our acquisition of Certus Oil and Gas, which closed on December 13th. We are pleased to report that the performance of these assets thus far has exceeded our expectations. Concurrently, we are managing the challenges posed by the unusually mild winter weather and its

EQT announces strategic production curtailment

March 4, 2024

Oil and Gas 360 PITTSBURGH, March 4, 2024 /PRNewswire/ — EQT Corporation (NYSE: EQT) (“EQT” or the “Company”) today announced it made the strategic decision to curtail approximately 1 Bcf per day of gross production beginning in late February in response to the current low natural gas price environment resulting from warm winter weather and consequent elevated storage inventories. The Company expects

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