Devon Energy focuses on a business model that bakes shareholder returns into its base formula, enabling growth and investor prosperity during tough times, Corporate Development Officer David Harris told Hart Energy A&D conference attendees.
U.S. President Joe Biden’s pledge to penalize Saudi Arabia for massive OPEC oil cuts puts the Biden administration in reactive mode as midterm elections loom.
Russia’s invasion of Ukraine tilts the LNG market to favor the U.S., which has drilled and innovated its way to become a key global exporter of LNG—thanks in large part to the persistence of Charif Souki.
You can probably call it a comeback—for both natural gas and the company that pioneered the shale drilling of it. The second quarter showed that Chesapeake Energy Corp. is making good on its pledges to return cash to shareholders, green up its production and exit the oil side of the industry. And as Russia’s war on Ukraine flips the narrative on energy security and access to natural gas in Europe, Chesapeake’s timing is on schedule.
High Court’s ruling in EPA case could reverberate across federal climate policy, but oil and gas companies remain likely to stay the course toward energy transition.
Chesapeake ready to wrap return to its roots as a key U.S. natural gas-weighted E&P through a series of key acquisitions in late 2021 and early 2022, CEO Nick Dell'Osso shared in a second-quarter conference call.
Devon Energy’s acquisition of Eagle Ford operator Validus Energy is the firm’s second acquisition since June.
Private companies produce some 60% of U.S. supply, making Sinema’s private equity amendment to the Inflation Reduction Act more important to fossil fuel finance than the “green bill” description might suggest.
Under the leadership of Pratima Rangarajan, OGCI Climate Investments, the independently managed investment arm of CEO-led Oil and Gas Climate Initiative, has backed 80 pilot projects and invested in 29 companies during the past five years. The plan for the next five years? More investments, more innovation and more motivation than ever to limit global warming.
Sempra already has some facilities in development in the area where Entergy already services 486,000 customers in Southeast Texas including its proposed Port Arthur Pipeline Louisiana Connector.
