Darren
Barbee
Oil and Gas Investor
Exxon Mobil to Cut Almost 400 Jobs in Wake of Pioneer Acquisition
A regulatory filing shows more than 90% of layoffs are at Pioneer’s former headquarters in Irving, Texas with the rest being workers in Midland.
Investment Firm Elliot Calls for Honeywell Restructuring in Letter to Board
As Honeywell’s largest active investor, Elliott Investment Management’s letter to Honeywell International argued that Honeywell should split into two entities—Honeywell Aerospace and Honeywell Automation.
Houston Natural Resources to Rebrand to Cunningham Natural Resources
Now rebranded as Cunningham Natural Resources Corp., the company will continue its focus on traditional oil and gas opportunities and energy transition materials.
Marathon Oil Expects ‘Mass Layoff’ After ConocoPhillips Deal Closes
Marathon Oil’s merger with ConocoPhillips, which is to close by year-end, will trigger a layoff of more than 500 Houston employees, according to a state regulatory filing.
The Latest
Exxon Mobil to Cut Almost 400 Jobs in Wake of Pioneer Acquisition
A regulatory filing shows more than 90% of layoffs are at Pioneer’s former headquarters in Irving, Texas with the rest being workers in Midland.
Investment Firm Elliot Calls for Honeywell Restructuring in Letter to Board
As Honeywell’s largest active investor, Elliott Investment Management’s letter to Honeywell International argued that Honeywell should split into two entities—Honeywell Aerospace and Honeywell Automation.
Houston Natural Resources to Rebrand to Cunningham Natural Resources
Now rebranded as Cunningham Natural Resources Corp., the company will continue its focus on traditional oil and gas opportunities and energy transition materials.
Marathon Oil Expects ‘Mass Layoff’ After ConocoPhillips Deal Closes
Marathon Oil’s merger with ConocoPhillips, which is to close by year-end, will trigger a layoff of more than 500 Houston employees, according to a state regulatory filing.
Exclusive: TPL Eyes Midland Growth to Replicate Delaware Basin Success
Texas Pacific Land CFO Chris Steddum discusses the company's approach to acquisitions in both the Delaware and Midland basins, and TPL's selective strategy when evaluating deals, in this Hart Energy Exclusive interview.
ONEOK Replaces Three EnLink Board Directors Post Acquisition Close
Three Global Infrastructure Partner directors are being replaced on EnLink Midstream’s board of directors by members of ONEOK’s executive leadership team.
Murphy Oil Names New CEO, Adds Two Directors to Board
Murphy Oil’s current COO Eric M. Hambly has been appointed to CEO and president, succeeding Roger W. Jenkins. The board also added Hambly and Robert B. Tudor III as new directors.
Venezuela Lost Citgo, But the Battle’s Not Over Yet
Amber Energy’s $7.3 billion purchase of Citgo fell well short of analyst’s valuations. PDVSA Ad Hoc expects to appeal the decision soon in its battle to protect its claim on Citgo.
SandRidge Recasts Management with New Chairman, CFO
SandRidge Energy has appointed Vincent Intrieri as chairman to succeed Jonathan Frates, who will transition to the role of executive vice president and CFO.
EQT to Cut Workforce 15% Following Close of Equitrans Acquisition
EQT Corp. closed its $5.5 billion all-stock buy of Equitrans Midstream Corp. on Sept. 22.