Exxon announces $680 million loss in 3Q 2020
Exxon, one of the largest U.S oil companies, has announced an estimated loss of $680 million in the third quarter of this year; capital and...
Category : Investors
Energy Forward’s Investors category delivers expert coverage of energy finance, commodities, capital flows, mergers and acquisitions, market trends, and strategic business opportunities across North America. Explore insights on oil and gas prices, investment activity, project development, and industrial solutions that help investors, developers, operators, and decision-makers identify value in the energy sector.
Shell raises dividend 4% as they seek shareholders confidence
by editor
The Anglo-Dutch oil giant, Shell, reported today that they will raise its dividend 4% to 16.65 cents in the third quarter of 2020, as they...
Oil & Gas Association makes a major shift in climate policy
by editor
Yesterday, the Independent Petroleum Association of America (IPAA) a major oil & gas association in the U.S., and FTI Consulting, a global business advisory firm...
Oil bankruptcies rise 21% in 3Q of 2020
by editor
Oil bankruptcies have risen significantly since the covid-19 pandemic crashed the oil prices and the industry’s overall market. In the third quarter of 2020, bankruptcies...
Fieldwood Energy delays in plans: CNH rejects budget request
Fieldwood Energy asked for more budget in the Ichalkil and Pokoch deposits. The Commission considers this request incoherent. Fieldwood Energy E&P Mexico asked for changes...
PEMEX modifies its Uchukil Field Plans
CNH approves modifications to PEMEX Uchukil Deposit Plans The National Hydrocarbons Commission (CNH) accepted the modification of a PEMEX’s Exploration Plan in the Uchukil Deposit....
McDermott sends FPSO modules for ENI in Mexico
McDermott International, Ltd, sent the first superior modules for a Floating Production, Storage and Offloading (FPSO) unit to ENI in Mexico. These modules are for...