OklahomaMinerals.com
Investing
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1.5KEnergy Transfer strikes $7 billion deal
By: Paul O’Donnell and Kyle Arnold – The Dallas Morning News – Dallas-based pipeline giant Energy Transfer is acquiring an Oklahoma City...
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1.3K
Shale oil industry works to lure back investor and become leaner, but many aren’t convinced
By: Derek Brower and Myles McCormick – Financial Times – Smaller, slower, and more profitable. These are the watchwords for Chesapeake Energy...
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Shale oil slump burns private equity interest
By: Thomas Lee – Argus Media – Private equity (PE) investors are accelerating a shift away from the US shale oil sector...
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Exxon tries to put the worst behind it with a $20 billion writedown
By: Reuters – Exxon Mobil on Monday said it would write down the value of natural gas properties by $17 billion to $20...
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Top U.S. Interior Department contender eyes renewable energy expansion on public land
By: Valerie Volcovici, Nichola Groom – Reuters – A top contender to lead the U.S. Interior Department under Democratic President-elect Joe Biden...
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1.8K
No let up for oil and gas borrowers
By: White & Case LLP – JDSupra – The oil and gas sector has been one of the hardest hit by COVID-19...
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The utility that beat Big Oil to a climate model it needs for the future
By: Eric Rosenbaum – CNBC – Some high-profile companies at the forefront of technology innovation, including Apple and Tesla, split their stock...
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Shell raises dividends as profits beat expectations
By: The Guardian – Royal Dutch Shell has reinstated its decades-long commitment to increasing shareholder payouts, despite admitting that its oil production may...
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A $100 billion Big Oil divestiture plan is coming
By: Tore Guldbrandsøy, senior vice president, and Ilka Haarmann analyst, at Rystad Energy – CNBC – Energy transition has climbed towards the...
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Oasis appears headed for bankruptcy, while recently emerged Whiting implements more cuts
By: Renee Jean – Williston Herald – Whiting Petroleum is further cutting its costs after emerging from Chapter 11, while another Bakken...
