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Corporate Strategy

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Devon Energy Pledges 70% of Free Cash Flow to Shareholders After Coterra Deal

Investors view the plan as a shift to cash returns through portfolio high-grading with debt paydown intended to speed value unlocking.

VAALCO Restarts Baobab Field After FPSO Refurbishment

Vista Boosts Investment and Production Targets After Equinor Deal

E.ON to Buy OVO’s UK Retail Business, Creating Biggest Home Energy Supplier

Ineos Takes 21% Stake in Shell’s Gulf Portfolio in US Pivot

PSO Names Jawwad Ahmed Cheema Chief Executive for Three-Year Term

BP Names Carol Howle Deputy CEO to Steer Portfolio Review in Strategy Reset

Endesa CEO José Bogas to Step Down as Enel Sets April Vote on Successor

Constellation to Sell 4.4 GW PJM Gas Portfolio to LS Power for $5 Billion

U.S. Drafts Nearly $1 Billion Deal to Cancel TotalEnergies Offshore Wind Leases

Woodside Names Liz Westcott Chief Executive After Formal Search

MidOcean to Acquire JERA’s Gorgon Stake, With Ichthys Interest to Be Reallocated

Vista Posts Record 2025 Output and Exports, Sets 2026 Growth Targets in Vaca Muerta

Aramco Lines Up First Jafurah Condensate Exports With Sales to Chevron, Exxon and IOC

Libya Awards First Oil and Gas Licenses in Nearly 20 Years, Naming Chevron, Eni and Repsol

TotalEnergies Profit Falls, Dividend Raised as Group Sticks to Hydrocarbons-Plus-Power Strategy

Shell’s Shrinking Reserves Put 2030s Output at Risk as Pressure Mounts for Deals

TotalEnergies Inks 15-Year, 1 GW Solar PPAs to Power Google’s Texas Data Centers

Chevron Maps Yearlong Executive Overhaul Across Strategy, Trading and Dealmaking

CIP to Buy Ørsted’s European Onshore Unit for €1.44 Billion