NEWS— Click on text to read news by category: General | Product | People | Worldwide
Heritage Petroleum Appoints Erik Keskula as CEO
May 23, 2023
Heritage Petroleum Company Limited has selected Erik Keskula as the CEO of the company. Keskula will serve as the CEO designate for the period June 1st to June 13th and will assume full responsibility when Arlene Chow, current CEO, retires
Oklo Selects Sites in Southern Ohio for Two Nuclear Power Plants
May 23, 2023
Oklo Inc. and the Southern Ohio Diversification Initiative (SODI) have signed an agreement to deploy two commercial Oklo power plants in Southern Ohio. Oklo’s commercial power plants will provide up to 30 MW of clean electric power, and more than
Chevron to Acquire PDC Energy in $7.6 Billion Deal
May 22, 2023
Chevron has entered into a definitive agreement with PDC Energy to acquire all of the outstanding shares of PDC in an all-stock transaction valued at $6.3 billion, or $72 per share. The total enterprise value, including debt, of the transaction
Chord Energy to Acquire XTO Energy’s Williston Basin Assets for $375 Million
May 22, 2023
Chord Energy has entered into a definitive agreement to acquire assets in the Williston Basin from XTO Energy and affiliates for total cash consideration of $375 million, subject to customary purchase price adjustments. “The acquired assets are an excellent strategic
U.S. Drillers Cut Most Oil Rigs in a Week Since September 2021
May 22, 2023
U.S. energy firms last week cut 11 oil rigs, the most in a week since September 2021, energy services firm Baker Hughes said in its closely followed report on Friday. That follows last week’s cut of 17 natural gas rigs,
FireBird Energy II Secures $500 Million Commitment with Quantum in the Permian Basin
May 19, 2023
FireBird Energy II said company has secured equity commitments in excess of $500 million anchored by funds managed by Quantum Energy Partners. The founders and employees of FireBird II, along with other strategic partners, are making significant equity commitments to
NGL Energy Partners Signs Agreements to Sell Its Marine Assets for $111.65 Million
May 19, 2023
NGL Energy Partners has signed two definitive agreements to sell all of its marine assets for $111.65 million in cash in the aggregate. NGL provided waterborne transportation of refined products and crude oil for a diversified group of customers which
Crescent Point Energy to Acquire Spartan Delta’s Montney Assets for $1.7 Billion
May 19, 2023
Crescent Point Energy has entered into an agreement with Spartan Delta Corp. to acquire Spartan’s oil and liquids-rich Montney assets in Alberta for $1.7 billion in cash. “Over the past five years, we have fundamentally rebuilt and strengthened Crescent Point.
Callon Petroleum Appoints Russell Parker as Senior Vice President and COO
May 19, 2023
Callon Petroleum Company said Russell Parker will join the company as senior vice president and chief operating officer in late June. Parker will succeed Dr. Jeff Balmer who plans to retire upon his successor’s appointment. Russell Parker is an experienced
Devon Energy Invests $10 Million in Enhanced Geothermal Firm Fervo Energy
May 19, 2023
Devon Energy Corporation has made a $10 million strategic investment in Fervo Energy, the next-generation leader in geothermal technology. The investment initiates a partnership between two technical leaders and applies Devon’s 50-plus years of innovation in oil and gas to
Page 210 of 755 pages ‹ First < 208 209 210 211 212 > Last ›
