From PennEnergy: BAGHDAD (AP) — Iraq’s Oil Ministry said on Thursday that crude exports averaged 2.535 million barrels a day in January, a decrease of nearly 14 percent from the previous month, depriving the nation of badly needed cash both for ongoing military operations against extremists and reconstruction efforts. Last month’s revenues stood at $3.258 billion, based on an average
Common Share Dividend Increased Eight Per Cent to $2.08 Per Share Annually CALGARY, ALBERTA–(Marketwired – Feb. 13, 2015) – TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada) today announced net income attributable to common shares for fourth quarter 2014 of $458 million or $0.65 per share compared to $420 million or $0.59 per share for the same period in 2013. For the year ended
The United States and Canada are the only two countries in the world to commercially produce both shale gas and tight oil, the Energy Information Administration said on February 13, 2015. Two other countries, China and Argentina, are the only other nations to extract resources from shale, but both are exclusively producing one of the two hydrocarbons. Russia and Australia
From Island Packet: SALT LAKE CITY — The U.S. Bureau of Land Management is pulling back most oil and gas leases up for sale in culturally rich areas of southeastern Utah. The agency is deferring leasing decisions on 36 of 53 parcels on the auction block around Alkali Ridge and Montezuma Canyon after conservation groups raised concerns the sale could
LITTLE RIVER, S.C., Feb. 13, 2015 /PRNewswire/ — Integrated Environmental Technologies, Ltd. (OTCBB: IEVM) today announced that it closed on a $1,960,000 financing through the sale of its common stock. The company will use the proceeds from this financing to continue its expansion of its oil and gas operations in the Uinta Basin in Utah and the Permian Basin in
Oil and Natural Gas Production in January Petrobras reaches new monthly records in the pre-salt oil production Rio de Janeiro, February 13, 2015 – Petróleo Brasileiro S.A. – Petrobras announces that its total domestic oil and natural gas production in January 2015 was 2,661 thousand barrels of oil equivalent per day (boed), averaging about the same as December of last
After Six Years, $8 Billion Keystone XL Awaits One Final Signature TransCanada Moving Ahead with $6 Billion in Other Capital Projects in 2015 Project start-ups may be lower than usual in the revamped commodity market, but TransCanada’s (ticker: TRP) operations are on the upswing. The Calgary-based pipeline company is moving forward with a CA$46 billion capital program through 2020, installing midstream
Rig counts in the United States have been falling at record rates since the beginning of December as the price of oil remains too low for many producers to make a profit. Rig counts are likely to stay down until global over-supply is reduced, but it could take some time before fewer rigs begins to translate into lower production. At
For Some Color on this Development, Oil & Gas 360® Interviewed Export Canada Economist Stuart Bergman Earlier this month, the European Parliament decided to reverse an earlier decision that labeled Canadian oilsands crude as “dirty oil,” removing barriers to refiners in the E.U. to import bitumen from Canada. For insight on what this decision means for Canada, Stuart Bergman, Assistant
In EnerCom’s Energy Industry Data and Trends for January 2015, the company examined the impact of hedges on the stock valuations of the companies that hedged versus those that did not. The research looked at companies’ performance over the eight cycles in crude oil commodity prices from January 2007, to December 2014. The chart below illustrates the closing near-month futures price
Updates from March 3, 2015 include: Anadarko Announces 2015 Capital Program And Guidance – Click for release. Recap: 2015 guidance of $5.4 to $5.8 billion, down roughly 40% from 2014’s total of $9.3 billion. U.S. onshore activity will get the brunt of the pullback, with APC reducing its short-cycle activity by 40% and deferring the completion of 125 wells. Initial production
Bobby F. (Bob) Weatherly Retires from Callon Petroleum Company
Oil & Gas 360® is a one-stop source of news, information, and analysis from the professionals at EnerCom, Inc. The website is dedicated to all things energy: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
© 2024 Oil & Gas 360®. All Rights Reserved.
Sign up to receive daily news and stock prices from Oil & Gas 360® directly in your email inbox.
Market Data ©2020–2024 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.
