Deon
Daugherty
Hart Energy
Executive Compensations Rising in Sync with Shareholder Payoffs
Compensation for oil and gas executives, up an average 8% to 10%, is increasingly tied to stock metrics, rewarding performance instead of growth, according to an Alvarez & Marsal report.
Encino's Owner Mulls $7B Sale, IPO of Utica E&P, Sources Say
CPP Investments is considering a sale or IPO of Encino Acquisition Partners following January’s IPO of fellow Utica Shale E&P Infinity Natural Resources.
Pearl Energy Investments Closes Fund IV with $999.9MM
Pearl Energy Investments’ Fund IV met its hard cap within four months of launching and closed on Jan. 31.
Phillips 66’s NGL Focus, Midstream Acquisitions Pay Off in 2024
Phillips 66 reported record volumes for 2024 as it advances a wellhead-to-market strategy within its midstream business.
Confirmed: Liberty Energy’s Chris Wright is 17th US Energy Secretary
Liberty Energy Founder Chris Wright, who was confirmed with bipartisan support on Feb. 3, aims to accelerate all forms of energy sources out of regulatory gridlock.
Resurrected Enron Hijinks Gets Serious with New Electric Business
After Enron returned as a seemingly elaborate hoax, Enron Energy Texas’ vice president told Hart Energy the company aims to deliver real electricity to consumers.
Exxon CEO Darren Woods: Hydrogen Incentives ‘Critical’ for Now
Exxon Mobil CEO Darren Woods said the end goal for energy policy should be a system in which no fuel source remains dependent on government subsidies.
Argent LNG, Baker Hughes Sign Agreement for Louisiana Project
Baker Hughes will provide infrastructure for Argent LNG’s 24 mtpa Louisiana project, which is slated to start construction in 2026.
What's Affecting Oil Prices This Week? (Feb. 3, 2025)
The Trump administration announced a 10% tariff on Canadian crude exports, but Stratas Advisors does not think the tariffs will have any material impact on Canadian oil production or exports to the U.S.
Pinnacle Midstream Execs Form Energy Spectrum-Backed Renegade
Renegade Infrastructure, led by Permian-centric Pinnacle Midstream developers Drew Ward and Jason Tanous, have received a capital commitment from Energy Spectrum Partners.