Exxon to spend $37B a year over 5 years to find oil, gas, invest in new energy

Exxon to spend B a year over 5 years to find oil, gas, invest in new energy
The world's largest publicly traded oil and gas company announced Thursday that it will expand its global search for resources to meet growing world demand. Exxon CEO Rex Tillerson says the investment, about $ 37 billion a year, is needed to expand the …
Read more on CanadianBusiness.com

KKR, Chesapeake to Invest 0 Million in Mineral Royalties
KKR, the private equity firm run by Henry Kravis and George Roberts, will commit an initial $ 225 million and Chesapeake will provide $ 25 million toward the partnership, which will invest in mineral and royalty interests in oil and gas basins, …
Read more on San Francisco Chronicle

Shell to Keep Shale Drilling Investment Stable Amid Gas Glut
Royal Dutch Shell Plc. (RDSA), Europe's largest oil company, won't increase its spending on drilling shale fields this year due to low natural-gas prices. “It wasn't so long ago that gas prices were still at a level where everybody was drilling almost …
Read more on Bloomberg

NGP Capital Resources Company Announces Fiscal 2011 Financial Results and
During the quarter ended December 31, 2011, we advanced an additional $ 15.0 million to ATP Oil & Gas Corporation, or ATP, of Houston, Texas, under our limited-term overriding royalty interest in certain offshore oil and gas producing properties …
Read more on MarketWatch (press release)

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Exxon to spend $37B a year over 5 years to find oil, gas, invest in new energy

Exxon to spend B a year over 5 years to find oil, gas, invest in new energy
The world's largest publicly traded oil and gas company announced Thursday that it will expand its global search for resources to meet growing world demand. Exxon CEO Rex Tillerson says the investment, about $ 37 billion a year, is needed to expand the …
Read more on CanadianBusiness.com

KKR, Chesapeake to Invest 0 Million in Mineral Royalties
KKR, the private equity firm run by Henry Kravis and George Roberts, will commit an initial $ 225 million and Chesapeake will provide $ 25 million toward the partnership, which will invest in mineral and royalty interests in oil and gas basins, …
Read more on San Francisco Chronicle

Shell to Keep Shale Drilling Investment Stable Amid Gas Glut
Royal Dutch Shell Plc. (RDSA), Europe's largest oil company, won't increase its spending on drilling shale fields this year due to low natural-gas prices. “It wasn't so long ago that gas prices were still at a level where everybody was drilling almost …
Read more on Bloomberg

NGP Capital Resources Company Announces Fiscal 2011 Financial Results and
During the quarter ended December 31, 2011, we advanced an additional $ 15.0 million to ATP Oil & Gas Corporation, or ATP, of Houston, Texas, under our limited-term overriding royalty interest in certain offshore oil and gas producing properties …
Read more on MarketWatch (press release)

Technorati Tags: , , , , , , , , , , ,

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Your email address will not be published. Required fields are marked *