The last two energy crises that threatened hundreds of energy companies with bankruptcy have rewritten the oil and gas M&A playbook. Previously, oil and gas companies made numerous aggressive tactical or cyclical acquisitions in the wake of a price crash after many distressed assets became available on the cheap. However, the 2020 oil price crash … Read more
ARAUCA, Colombia- Over the past four decades, Colombia has pumped billions of barrels of oil from under a vast savanna it shares with neighbouring Venezuela. Through pipelines, the thick crude travels over the Andes and to the Caribbean coast, then onto tankers, mostly to the United States. Much like another famous export of Colombia’s, it … Read more
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Susan Montoya Bryan Article content ALBUQUERQUE, N.M. (AP) — The U.S. Interior Department’s plan to withdraw hundreds of square miles in New Mexico from oil and gas production for the next 20 years is expected to result in only a few dozen wells … Read more
This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Publishing date: Nov 08, 2022 • 6 minutes ago • 17 minute read … Read more
Diamond Offshore Drilling GAAP EPS of $0.05 beats by $0.36, revenue of $226.07M beats by $44.68M Source link
Biden Aims to Spur Drilling With Plan to Refill Oil Reserves, but Producers Are Skeptical Source link
Article content (Bloomberg) — Arabian Drilling Co., a Saudi oilfield-services firm partly held by Schlumberger NV, drew $43 billion in orders for its initial public offering, underscoring the strong investor appetite for Middle Eastern share sales. Article content The company set the final offer price at 100 riyals ($26.6) a share, the top end of … Read more
This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Article content CALGARY, ALBERTA, Oct. 11, 2022 (GLOBE NEWSWIRE) — Marksmen Energy … Read more
With the U.S. mediating, Israel and Lebanon have settled a dispute over gas drilling rights in the Mediterranean Sea. This could help defuse a flashpoint and help raise cash for Lebanon. Source link
This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: VP Exploration Afzaal Pirzada inspecting drill core GNW Article content VANCOUVER, British … Read more