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Oil industry gets greener as U.S. policy shifts to climate change | CNBC

The greening of the American oil industry has gone into overdrive. Dan Yergin, IHS Markit vice chairman, said it’s an important turning point for the fossil fuel sector, which has been anticipating big changes with President Joe Biden’s climate-focused, clean energy policies. “The oil and gas industry is calibrating itself to what has become the […]

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The Best-Performing Energy Companies Of 2020 | Forbes

It was a brutal year in the energy sector in 2020, but there were a few bright spots. Robert Rapier In 2020, the energy sector got hit with the triple-whammy of a price war between Saudi Arabia and Russia, demand destruction as a result of the Covid-19 pandemic, and perceptions that oil is about to […]

Oil edges higher, but posts 20% annual drop in tumultuous 2020 | Reuters

Global crude prices edged higher on Thursday but lost more than a fifth of their value in 2020, as lockdowns to combat the novel coronavirus depressed economic activity and sent oil markets reeling. — Read on http://www.reuters.com/article/us-global-oil/oil-edges-higher-but-posts-20-annual-drop-in-tumultuous-2020-idUSKBN295044

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Noble’s midstream division finishes integration with Chevron – Greeley Tribune

HOUSTON and SAN RAMON, California — The arm of Noble Energy that manages transporting oil and gas from the well to the refinery says it has been fully integrated with Chevron Corp. (NYSE: CVX) after the oil giant closed its $5 billion acquisition of Weld County’s second-largest producer. Noble Midstream Partners LP (Nasdaq: NBLX) said […]

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French power utility Engie pulls out of U.S. LNG deal | Reuters

PARIS, Nov 3 (Reuters) – French gas and power utility Engie has pulled out of a major U.S. liquefied natural gas (LNG) import deal after government concerns about its environmental implications. Late last month the French government had asked Engie to hold off from signing the deal with NextDecade Corp amid growing scrutiny of the effects of shale gas extraction methods such as fracking and their impact on climate change through methane emissions.

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Trump’s Campaign Website Compromised & Hacker Demands Cryptocurrency Ransom

It has been reported and confirmed that hackers compromised Trump’s campaign website, Tuesday evening. A message appeared on the campaign website stating, “this site is seized” and continued to read that “the world has had enough of the fake news spread daily” by President Trump and his administration. The statement demanded payment of cryptocurrency to […]

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Contango Oil & Gas Company and Mid-Con Energy Partners, LP Announce Strategic Merger Continuing Contango’s Consolidation Strategy; Contango Announces Related Increase in Borrowing Base NYSE:MCF | Global Newswire

FORT WORTH, Texas and TULSA, Okla., Oct. 26, 2020 (GLOBE NEWSWIRE) — Contango Oil & Gas Company (“Contango”) (NYSE American: MCF) and Mid-Con Energy Partners, LP (“Mid-Con”) (NASDAQ: MCEP) today announced they have entered into an agreement to combine in an all-stock merger transaction. The combination continues Contango’s consolidation strategy, increases its exposure to oil […]

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Hanging by a (Pipe) Thread OCTOBER 5, 2020 | PBOG

By Paul Wiseman Oil country tubular goods are integral first to drilling, then to production and saltwater disposal. So the same price crash that brought drilling to a halt has evaporated demand for most Oil Country Tubular Goods. R&D Pipe Company President Ron Underwood and Trident Steel CEO Kevin Beckmann have both seen better times, […]

North Dakota oil production swells as wells go back online | Star Tribune

The steep oil price drop in the spring caused a big dip in production, but the industry is back to more normal levels. North Dakota’s oil output soared 14% in August as more wells shut down earlier in the spring because of the coronavirus crisis came back online. “It is nice to note that we […]

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ConocoPhillips to Buy Shale Rival Concho for $9.7 Billion – WSJ

The acquisition gives ConocoPhillips, the largest oil producer in Alaska, a much larger footprint in the hottest oil field in the U.S., the Permian Basin of Texas and New Mexico. The combined company would be the largest U.S. oil independent, with output in the Permian second only to Occidental Petroleum Corp. , according to a JPMorgan Chase & Co. […]

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