Friday, February 7, 2025
Global Oil Production Represented at 2019 EnerCom Conference is 47% Higher than in 2017 - Oil & Gas 360

United States Crude Exports: Setting Sail in 2016

The United States crude export ban was lifted less than two weeks ago, and domestic companies are wasting no time transporting American oil abroad. On December 30, 2015, ConocoPhillips (ticker: COP) and NuStar Energy (ticker: NS) announced its first cargo is expected to complete the loading phase by December 31. The shipment is expected to be the first U.S. crude

Energy Market Upside: For Core Laboratories Shareholders, the Returns Keep Coming

Core Lab has returned more than $2.2 billion to its shareholders The oil and gas market is approaching the end of 2015—which will no doubt go down as a highly tumultuous year for the industry. In spite of the dive in oil prices, some companies have positioned themselves well for capturing the upside through advantageous acquisitions, reliable takeaway capacity, attractive

Range Resources Announces Closing of Nora Asset Sale

RANGE RESOURCES CORPORATION (NYSE:RRC) today announced that it has completed the sale of its Nora assets. After purchase price adjustments based upon a November 1st effective date, Range received $865 million of sales proceeds. Range will include the Nora operations for the full fourth quarter of 2015. The properties encompass approximately 3,500 operated wells and approximately 460,000 net acres in the Nora/Haysi combined

Jericho Oil To Raise $6.929 Million In Private Placement

Jericho Oil Corporation (“Jericho”) (TSX-V: JCO, OTCQX: JROOF), is proceeding with a non-brokered private placement (the “Offering”) of approximately 17,323,610 units at a price of $0.40 per unit to raise total gross proceeds of approximately $6.929 million.  Each unit will be comprised of one common share (a “Share”) and one half warrant (a “Warrant”) with each full Warrant being exercisable

Korea’s Carbon Pledge Results in Mandate for NatGas

From the Korea JoongAng  Daily The Korean government has decided to expand the use of natural gas to lower the nation’s dependence on crude imports and realize the carbon emissions reduction target it voluntarily made in Paris. The Ministry of Trade, Industry and Energy announced on Monday that it was pushing its long-term plan through 2029 of boosting domestic consumption