In the ever-evolving landscape of the shale industry, consolidation emerges as the natural progression of a mature sector. Shaped by historical up cycles in Merger and Acquisition and Divestiture (M&A&D) activity, recent mega-deals such as Conoco-Concho, Devon-WPX, and the preceding Shell-BG set the stage for a new era in shale evolution.
In a notable move towards environmental accountability, US oil and gas companies are under heightened scrutiny for their substantial role in contributing to the nation’s methane emissions—making up nearly one-third of the total. The Inflation Reduction Act (IRA) introduces the Methane Emissions Reduction Program under Section 136 of the Clean Air Act, marking a pivotal transformation in the regulatory framework for the petroleum and natural gas sector.
Discover how the oil and gas industry is navigating environmental challenges and embracing sustainability to shape its future.
In this article, we delve into the top predictions for energy in 2024, as voiced by prominent figures within our network. These predictions not only reflect the current state of the industry but also anticipate its future direction.
Europe’s energy sector has undergone a significant transformation in response to Russia’s invasion of Ukraine, characterized by shifts in demand and investment focus. This article delves into Europe’s increased reliance on LNG imports…
Discover how Jillian Owen champions female leadership and stakeholder engagement in the energy sector, driving diversity and sustainability at Apache Corporation
A spotlight on pioneering women in the energy sector whose innovations embody the theme “Invest in Women: Accelerate Progress,” highlighting their crucial role in driving industry progress.
The Energy Council’s annual Global Industry Survey Report 2024 takes opinions from 500+ people from across our network, and from these responses, we have put together the macro picture of the industry today including oil price predictions, the energy trilemma, finance and investment plans and exploration updates.
A spotlight on how Labour’s energy policy could impact the O&G sector, sparking debate over the delicate balance between sustainability and economic growth.
As the global energy landscape continues to evolve, regulatory mandates, ambitious emission reduction targets, and technological innovations are among the central themes shaping the trajectory of the sector this year.
In a pivotal development for the energy industry, Chord Energy Corporation (NASDAQ: CHRD) and Enerplus Corporation (TSX: ERF) (NYSE: ERF) have announced plans for a merger valued at $11 billion. This merger represents a strategic move to consolidate their strengths, creating a dominant force in the sector with a focus on the Williston Basin. The new entity, combining the robust capabilities and extensive resources of both companies, is set to enhance its market position, driving growth and innovation across the energy landscape.
The Inflation Reduction Act (IRA) and the EPA’s recent regulations mark a pivotal shift for the US Oil and Gas influencing operational strategies, investment landscape, and M&A dynamics. In December 2023, the EPA launched a final rule targeting significant reductions in methane and other pollutants from oil and gas operations, aligning with the IRA’s comprehensive Methane Emissions Reduction Program.
