Freeport-McMoRan Copper & Gold Inc. executives Wednesday enthused about a $9 billion cash-and-stock transaction to buy U.S. producers Plains Exploration & Production Co. (PXP) and McMoRan Exploration Co., but the deal drew sharply mixed reaction from shareholders.
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Obama Re-Election Puts Target on Energy, Say Execs
Following the presidential election, a big target is on the backs of oil and gas interests, according to a panel of industry experts.
November 19, 2012
With Obama Re-Elected, Big Target on Energy, Say Execs
Following the presidential election, a big target is on the backs of oil and gas interests, according to a panel of industry experts.
November 16, 2012
Reserves Growth from ‘Good, Old-Fashioned Human Innovation’
The only things preventing a continued increase in North American natural gas and oil resources will be regulations and a lack of ingenuity, executives said Tuesday in Houston.
November 15, 2012
Australia’s Amadeus Acquiring Eagle Ford-Focused Lonestar Resources
Australia’s Amadeus Energy Ltd. plans to acquire Fort Worth, TX-based Lonestar Resources Inc. — a player in the Eagle Ford, Bakken and Barnett shales — via the purchase of Lonestar’s holding company, Ecofin Energy Resources Plc of the United Kingdom.
October 23, 2012
XTO, MarkWest Look to Shale’s Next Chapter
Two industry executives last week lauded the economic success brought about by shale gas development, but warned that continuing success depends in large part upon educating the public about hydraulic fracturing (fracking), training future regulators and policymakers, and being able to export liquefied natural gas (LNG).
September 24, 2012
XTO, MarkWest Execs Tout Shale Success, Push Public Interaction, LNG Exports
Two oil and natural gas industry executives lauded the economic success brought about by shale gas development, but warned that continuing success depends in large part upon educating the public on hydraulic fracturing (fracking), training future regulators and policy makers, and exporting liquefied natural gas (LNG).
September 21, 2012
Midstreams DCP, Energy Transfer Struggle on Weak NGL Prices
Lower natural gas liquids (NGL) prices weighed down 2Q2012 earnings for both DCP Midstream Partners LP (DPM) and Energy Transfer Equity LP (ETE), the companies’ executives said in separate conference calls with analysts Wednesday.
August 9, 2012
Chevron Ties Output Gains to Deepwater GOM, LNG
Led by massive projects in the deepwater of the Gulf of Mexico (GOM) and Australian liquefied natural gas (LNG), Chevron Corp. is maintaining a production target of 3.3 million boe/d by the end of 2017, executives said Friday. The gains will come even though 2Q2012 worldwide output fell 2.6% year/year to 2.62 million boe/d, Chevron Vice Chairman George Kirkland said during a quarterly earnings conference call.
July 30, 2012
Chevron Ties Output Gains to Deepwater GOM, Australian LNG
Led by massive projects in the deepwater of the Gulf of Mexico (GOM) and Australian liquefied natural gas (LNG), Chevron Corp. is maintaining a production target of 3.3 million boe/d by the end of 2017, executives said Friday.
July 30, 2012
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