Craig
Fleming
Hart Energy
Pemex Targets Debt Declining Below $100 Billion This Summer
Mexico’s state-owned Pemex, the world’s most indebted company, is targeting a total debt below the $100 billion mark this summer—the first time in 10 years that the company’s debt would be below that level.
Pembina Completes Partial Redemption of Series 19 Notes
The redemption is part of Pembina Pipeline’s $300 million (US$220.04 million) aggregate principal amount of senior unsecured medium-term series 19 notes due in 2026.
Pembina Pipeline to Offer $690MM in Public Debt
Pembina Pipeline Corp. is offering senior unsecured debt to extend maturity dates for near-term debt that matures between 2026 and 2029.
Aussie Shale’s Tamboran Resources Prices IPO in Range but for Fewer Shares
Among those buying the Australian shale-gas developer’s pre-trade shares were U.S. wildcatter Bryan Sheffield and completions pressure-pumper Liberty Energy.
The Latest
Kissler: US Must Protect the Petrodollar to Defend the Dollar
Rumblings that the petrodollar is dead are likely overstated, but the demise of the long-time practice would have far-reaching implications for the U.S.
Genesis Energy: First Oil at GoM Field Pushed Back to 2Q 2025
Genesis Energy’s is awaiting a floating production vessel to connect its SYNC pipeline in the Gulf of Mexico to the delayed Shenandoah deepwater project.
Dividends Declared in the Week of Aug. 2
Here is a selection of dividends declared for the week of Aug. 2 for a selection of upstream, midstream and service & supply companies.
Exxon Pairs Record Pioneer Output with Record Legacy Permian Volumes
After closing a $63 billion acquisition of Pioneer Natural Resources, Exxon is the largest producer in the Permian Basin—and the entire U.S.
Enterprise Prices Senior Notes Offering at $2.5 Billion
Enterprise Products Partners expects to use the net proceeds of the offering for capital investments and debt repayment, including repayment of its $1.15 billion principal 3.75% senior notes due 2025.
Chevron Moving HQ, CEO from California to Houston
Chevron Chairman and CEO Mike Wirth and Vice Chairman Mark Nelson will relocate to Houston, where much of Chevron’s other top leadership is already based.
APA Ratchets Up Permian Activity to Stoke US Oil Growth
APA Corp. expects an 8% uptick in its U.S. oil production in fourth-quarter 2024 compared to second-quarter 2024 as the company continues to connect more wells in the Permian Basin.
Apollo Closes $1.85B Take-private Acquisition of U.S. Silica
Following Apollo’s acquisition of U.S. Silica, the company will be led by current management and CEO Bryan Shinn.
Silver Hill Closes Fourth Oil, Gas Fund with $1.13B in Commitments
Silver Hill’s portfolio consists of operations across 55,000 net acres in East Texas and North Louisiana and 86,000 net acres in North Dakota.
As Chevron Deal Delays, Hess’ Bakken Oil Production Spikes 17%
Hess Corp. is producing and spending more as it awaits completion of Chevron’s proposed $53 billion acquisition, helping the E&P lift volumes in the Bakken and offshore Guyana.