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Dallas Fed Survey: US Energy Execs See Capital Spending Rising in 2021

2020-12-31 18:15:00| OGI

About half of U.S. energy company executives polled by the Federal Reserve Bank of Dallas expect their firms to increase capital spending in 2021, and another quarter of respondents see those expenditures remaining flat.

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Devon, WPX Energy Shareholders Approve $5.75 Billion All-stock Merger

2020-12-31 15:35:00| OGI

The combined companyto be named Devon Energyis set to create a leading unconventional oil producer in the U.S. with a dominant Delaware Basin acreage position, according to a joint release from September announcing the proposed merger.

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Qatar invests $125M in energy storage company Fluence

2020-12-31 09:55:43| Green Car Congress

Tags: company energy storage qatar

 

Edison Sells Norway Upstream Assets for $300 Million to Focus on Energy Transition

2020-12-30 21:00:00| OGI

Edison, owned by France's EDF, said the deal to Norwegian oil and gas group Sval Energi valued Edison Norge AS at $300 million, including debt.

Tags: million focus energy assets

 

Texas Producer MD America Energy Promotes Mike Dye to CEO Following Bankruptcy

2020-12-30 17:55:00| OGI

Mike Dye, who most recently served as CFO of the Fort Worth, Texas-based company, brings more than 20 years of oil and gas industry experience and 10 years of banking experience to the role.

Tags: america energy texas mike

 

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