Corporate

Pemex debt strategy at risk of unravelling
30 July 2020
The Mexican firm had made some progress arresting its hefty debt pile, but the economic downturn and government obsession with upstream targets has started to take its toll
US domestic M&A sent reeling
28 July 2020
Deal-making across the oil and gas patch has slowed to a crawl despite a swathe of potential devalued assets and strained companies eager to divest
Oil firms ready to pick up the infrastructure divestment pace
13 July 2020
Pipelines, storage facilities and processing plants could replace non-advantaged production as prime candidates
Deltic rides out the storm
9 July 2020
The UKCS explorer’s strong balance sheet allows it to brush off many of the challenges posed by the oil price collapse, but it is still not immune to bearish investor sentiment
Caution creeps into investors’ oil and gas infrastructure appetite
7 July 2020
The US downturn and the inexorable rise of ESG concerns are clouds on the horizon even for traditionally low-risk energy investments
Financial institutions go green
7 February 2020
Lenders shift towards cleaner investments to align with Paris Agreement targets
Share price falls pressure asset valuations
17 January 2020
The underperformance of oil and gas stocks will lead auditors to closely examine goodwill and impairment testing calculations
ExxonMobil, Shell, Neste take different paths to sustainability
2 December 2019
Solutions such as renewable diesel can be much better for the environment than large-scale biofuels
Gulf Energy Information survey shows Shell, Schlumberger as leaders in sustainability
20 November 2019
Gulf Energy Information asked readers in the upstream, midstream and downstream to name their perceived leaders in Sustainability
Understanding sustainability in oil and gas
30 October 2019
Sustainability in oil and gas is becoming increasingly important to the long-term viability of the industry.
Deltic rides out the storm
9 July 2020
The UKCS explorer’s strong balance sheet allows it to brush off many of the challenges posed by the oil price collapse, but it is still not immune to bearish investor sentiment
Junk sale buys Oxy much-needed time
6 July 2020
US independent slices off chunk of near-term debt but ominous overhang remains an existential threat
Whiting collapse is shape of things to come
3 April 2020
The Denver-based shale company’s bankruptcy notice is likely to be the first of many among US producers
Ovintiv faces test of staying power
26 March 2020
The Canadian firm has rebranded and joined the US shale revolution. But the oil price crisis is raising doubts about whether recent acquisitions will be economically viable
Mastering the transition tightrope
6 December 2019
Lorenzo Simonelli has reinvigorated Baker Hughes’ oilfield business lines while positioning it to be at the forefront of the energy transition
Pemex posts a loss
8 November 2019
Sagging oil prices bruise the firm’s bottom line, despite a positive quarterly upstream performance
US domestic M&A sent reeling
28 July 2020
Deal-making across the oil and gas patch has slowed to a crawl despite a swathe of potential devalued assets and strained companies eager to divest
Canadian cashflows tempt i3
23 June 2020
North Sea developer eyes cut-price production to bolster its balance sheet
Caribbean small caps combine
12 June 2020
BPC consolidates its expansion into Latin America with takeover of Trinidad producer Columbus Energy Resources
PE Live: Hope remains for UKCS buyers
2 June 2020
The landscape may look very different to when deals were struck. But it is not all bad news for those that acquired North Sea assets in recent years
PE Live: UKCS M&A faces challenges
2 June 2020
Downturns often usher in buying opportunities, but there are unique obstacles in the current environment
Private equity ready to play M&A role
5 May 2020
The capital is there, but the amount and cost of funding may be less favourable than it has been in the past.
Petroleum Economist reveals 2019 awards winners
20 November 2019
The winners of the 2019 Petroleum Economist Awards were announced in London on 19 November
Energy Consultancy of the Year
28 November 2018
Deloitte Consulting LLP
Petrochemicals Company of the Year
28 November 2018
EQUATE
Downstream Initiative of the Year
28 November 2018
Sadara Chemical Company
Exploration Company of the Year
28 November 2018
Eni
Energy Company of the Year—small cap
28 November 2018
Energean
Pemex debt strategy at risk of unravelling
30 July 2020
The Mexican firm had made some progress arresting its hefty debt pile, but the economic downturn and government obsession with upstream targets has started to take its toll
Oil firms ready to pick up the infrastructure divestment pace
13 July 2020
Pipelines, storage facilities and processing plants could replace non-advantaged production as prime candidates
Caution creeps into investors’ oil and gas infrastructure appetite
7 July 2020
The US downturn and the inexorable rise of ESG concerns are clouds on the horizon even for traditionally low-risk energy investments
Chesapeake peers over the precipice
24 June 2020
Rapid expansion beyond core natural gas assets has stretched the firm to the verge of bankruptcy
Petrobras set for divestment hit
19 June 2020
Economic reality is likely to stall the breakneck speed of the Brazilian firm’s asset sales plan
Oil investors look for one last super-cycle
3 June 2020
As the pandemic starts to ease, fund managers focused on the oil and gas sector predict a price recovery but still value the protection of strong balance sheets
Ecopetrol positions for the rebound
15 May 2020
The twin shocks of Covid-19 and the oil price collapse have severely impacted the company’s bottom line, but it is well-placed to bounce back
Canadian oil firms battle for survival
14 May 2020
Profits plunged during the first quarter for a sector already struggling to contend with growing debt and a shortage of midstream takeaway
Threat of Tullow collapse looms
12 March 2020
The failure of multiple projects in Africa and depressed oil prices puts the company in ‘significant doubt’
Total defies the odds
14 February 2020
Succession of acquisitions and project ramp-ups help strengthen the company’s portfolio in a tough environment for the sector
US heavyweights feel the squeeze
11 February 2020
Financial results suffer as erratic global politics and abundant supply sends energy prices tumbling
Mixed fortunes in oil majors' results round
3 May 2018
Upstream results from some leading oil firms were the best seen for years, but others fell flat