Hess Corp.’s board is unanimously recommending its shareholders vote in favor of the proposed $53 billion all-stock merger with Chevron Corp., according to Chevron’s March 28 Securities and Exchange Commission filing.
Capturing Value at Times of Turmoil Requires Preparation By Geoffrey Cann TL;DR The wave of oil and gas merger activity in the US looks poised to continue. High data quality about assets is accretive to value; poor data quality destroys value. Modern solutions adopted before deals help permanently fix data quality challenges. An M&A Frenzy The US oil and gas industry …
The Data Divide: Winning and Losing in Oil Industry Transactions – Geoffrey Cann Read More »
Government should eliminate all special preferences and all special punishments for carbon capture. By Alex Epstein Q: What should the government do about carbon capture? A: Government should eliminate all special preferences and all special punishments for carbon capture. This will allow innovators to explore the field’s potential for profitability and scalability—at no taxpayer expense. Carbon …
COMMENTARY: What should the government do about carbon capture? – Alex Epstein Read More »
With its deal to buy Enbridge’s NGL assets closed, Canada’s Pembina Pipeline raised EBITDA guidance for 2024.
EQT Corp.’s Toby Rice said demand for AI could exceed the power demand required to meet U.S. residential demand and jump 20% increase by 2030, in this Hart Energy Exclusive interview.
BOEM said Lease Sale 262 is expected to take place in 2025.
Stratas Advisors forecasts that OPEC+ will continue to manage supply in a proactive manner while non-OPEC supply growth is expected to be more modest during 2024 and 2025 than seen in 2023.
About two-thirds of Apache’s daily production will come from the Permian Basin after APA Corp. completed its $4.5 billion takeout of Callon Petroleum.
Dorchester Minerals’ acquisition totals approximately 1,485 net royalty acres for roughly $17 million.
AI experts at CERAWeek by S&P Global issued a wake-up call for the energy sector, suggesting AI could help secure critical infrastructure in a hostile geopolitical landscape.
