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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 […]

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Shale oil slump burns private equity interest – Argus

Private equity (PE) investors are accelerating a shift away from the US shale oil sector amid diminishing returns caused by the Covid-19 pandemic. Over the past decade, private equity firms have poured tens of billions of dollars into the US oil and gas industry, especially as the shale revolution gained full steam. Their funding helped […]

Read More Shale oil slump burns private equity interest – Argus
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Permian natural gas pipeline on hold, market struggles amid COVID-19 | Current-Argus

A natural gas pipeline that would have connected producers in the Permian Basin with export and refinery markets in the Gulf Coast was halted as the fossil fuel industry struggles amid the COVID-19 pandemic. The pandemic led to several states and countries enacting travel bans and other business restrictions intended to slow the spread of […]

Read More Permian natural gas pipeline on hold, market struggles amid COVID-19 | Current-Argus

Lilis Energy to pursue sale process | Oil & Gas Journal

OGJ editors Aug 17th, 2020 Lilis Energy will pursue a process to sell substantially all of its assets in accordance with a restructuring support agreement after certain investment funds and entities affiliated with Värde Partners declined to pursue a new money investment. Lilis Energy Inc., Fort Worth, will pursue a process to sell substantially all […]

Read More Lilis Energy to pursue sale process | Oil & Gas Journal
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Finding the trend in volatile oil markets | Bloomberg Professional Services

Bloomberg Market Specialist Zef Lokhandwalla contributed to this article. Background Oil markets have taken traders on a wild ride. Brent crude has more than doubled since its April low and has remained above $40 a barrel since mid-June. The question now for traders is: What’s the next move for oil? The supply-and-demand forecast does not […]

Read More Finding the trend in volatile oil markets | Bloomberg Professional Services
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The Oil And Gas Industry Is Going Remote | OilPrice.com

If there was one thing the last oil price crisis proved, it was this: despite the devastation that low oil prices can wreak on an industry, they can also make oil and gas production more efficient for less money. If there is one thing this crisis is proving, it is that oil and gas companies […]

Read More The Oil And Gas Industry Is Going Remote | OilPrice.com
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The Unconventional Happened | DUG Midcontinent 2020 goes Virtual

Join us! We are so excited to cover this event! It’s the first time ever that you can attend #DUGmidcon from any physical location via the internet! Don’t miss this! We just got word that over 500 Oil & Gas Professionals have already registered for the virtual conference! Also, thanks to the fantastic sponsors, Hart […]

Read More The Unconventional Happened | DUG Midcontinent 2020 goes Virtual
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Massachusetts AG Files Amended Complaint, Drops Claim Featured in Failed New York Attorney General Case | Energy in Depth

Massachusetts AG Files Amended Complaint, Drops Claim Featured in Failed New York Attorney General Case — Read on eidclimate.org/massachusetts-ag-files-amended-complaint-drops-claim-featured-in-failed-new-york-attorney-general-case/

Read More Massachusetts AG Files Amended Complaint, Drops Claim Featured in Failed New York Attorney General Case | Energy in Depth
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Debt takes priority for US upstream independents |Argus Media

The long-anticipated “now-or-never” moment for debt-heavy US shale oil producers is upon them, with efforts to shore up balance sheets meeting mixed results. US independents’ ability to service their debt has gained top priority, as many, even those with stronger balance sheets, are borrowing more following the collapse in crude prices. Key Permian operator Pioneer […]

Read More Debt takes priority for US upstream independents |Argus Media

Overshadowed by Permian, but Eagle Ford making its own comeback – HoustonChronicle.com

CALDWELL — Three years ago, Allen Startz found himself in an unwanted kinship with thousands of other oilfield workers in South Texas’ Eagle Ford shale — laid off with few prospects nearby. He left his home in Bryan to work in the Permian Basin in West Texas, making plenty of money, but growing exhausted from […]

Read More Overshadowed by Permian, but Eagle Ford making its own comeback – HoustonChronicle.com