Reserve-Based Lending: What Went Wrong?
Have the underlying metrics behind reserve reports proved to be overly optimistic for oil and gas companies seeking reserve-based lending (RBL)? Reserve-based lending (RBL)...
Business
Why Unsecured Creditor Committees Matter
With the oil price dipping into negative numbers, there is a serious question about whether oil and gas companies can weather the storm of oversupply...
Sailing Into the Eye of the Perfect Oil Storm: COVID-19
Stories from members of the offshore oil and gas tribe as they work to keep the sails trimmed and the ship afloat during the turbulent...
ESG: When Divesting Fossil Fuels From Portfolios Causes More Harm Than Good
Why divesting fossil fuels in the name of climate change may in fact be short-sighted and harm the larger sustainable positive strides energy companies are...
Shareholders Prioritized as Big Oil’s First Quarter Earnings Slump
Earnings of major international oil and gas producing companies have suffered in the first quarter of 2020 resulting from weaker product demand and lower realized...
Texas Alliance of Energy Producers Elects Cye Wagner as New Board Chair
Operator and petroleum engineer becomes first woman to chair a major Texas oil and gas trade association AUSTIN, Texas – Cye Wagner of Fort Worth-based...
Over US$50bn in Capital Expenditure Cuts Announced as Oil and Gas Companies Grapple with COVID-19 and Oil Price War
As the oil and gas sector comes to terms with decade-low oil prices and global disruptions caused by the coronavirus (COVID-19), company costs and investments...
Global Oil Glut Drives Down Price
by Alex Mills
The oil industry in the United States once again faces dramatic declines in crude oil prices at the hands of foreign countries seeking to bankrupt...
Were Oil & Gas Producers Hedged For The Recent Price Collapse?
While energy markets continue to be volatile, fewer oil and gas producers have hedges in place than in prior years. In addition, a number of...
Uncertainty Looms Over Oil and Gas M&A Deals Landscape Amidst Coronavirus Outbreak and Drop in Oil Prices
The recent coronavirus (COVID-19) outbreak is adding further woes for the oil and gas industry, which is already plagued by oversupply and declining prices. This...