Technip Energies Awarded Low-emissions Technology Contract from CPChem

Technip Energies will perform engineering and procurement for Chevron Phillips Chemical’s low emission cracking furnace in Sweeny, Texas.

Permian Resources Announces Financing Moves Following Oxy Deal

Permian Resources’ will offer cash for its senior notes Due 2026, among other financing moves, following a July 29 agreement to buy Delaware Basin assets from Occidental Petroleum for $817.5 million.

The ABCs of ABS: Financing Technique Shows Flexibility and Promise

As the number of ABS deals has grown, so have investors’ confidence with the asset and the types of deals they are willing to underwrite.

Eni to Close Sale of Alaska Assets to Hilcorp by Year-end

Italian energy giant Eni SpA looks to close its divestment of its Alaska assets to Hilcorp Energy Co. by year-end 2024, to high-grade its upstream portfolio, according to Eni’s CEO.

The ABCs of ABS: Financing Technique Shows Flexibility and Promise

As the number of ABS deals has grown, so have investors’ confidence with the asset and the types of deals they are willing to underwrite.

Repsol to Implement New Share Buyback Program

Madrid-based Repsol plans to repurchase and redeem 20 million of its shares in the second half 2024, according to the company’s CEO Josu Jon Imaz.

Baytex Energy Joins Eagle Ford Shale’s Refrac Rally

Canadian operator Baytex Energy joins a growing number of E&Ps touting refrac projects in the Eagle Ford Shale.

CEO: Baker Hughes Lands $3.5B in New Contracts in ‘Age of Gas’

Baker Hughes revised down its global upstream spending outlook for the year due to “North American softness” with oil activity recovery in second half unlikely to materialize, President and CEO Lorenzo Simonelli said.

Pemex Hits Debt Target, Struggles to Reverse Production Declines

Pemex achieved its long-term debt target, which aimed to gets its financial obligations below the $100 billion, while struggling to halt production declines.

TotalEnergies 'Working on' Another Acquisition, Suriname FID- CEO

TotalEnergies expects to take a final investment decision on Suriname Block 58 in the second half of 2024 while searching for its next acquisition in Texas.