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
Civitas Resources to focus on Permian, DJ basin drilling, production growth in 2024
February 29, 2024
World Oil (WO) – In its Full Year 2023 financial results, Civitas Resources revealed it increased production in the Permian and DJ basins in Q4 2023. It also unveiled plans to continue drilling momentum at the assets in 2024. 2024 outlook. In the report, the company maintained its previously-provided 2024 production guidance and decreased its estimated 2024 capital expenditures by
