Thursday, January 30, 2025

Conoco To Depose Citgo In Hunt for PDVSA’s Caribbean Assets

From Reuters ConocoPhillips (COP.N) moved to bring Venezuelan PDVSA’s U.S. refining unit Citgo Petroleum into its legal battles to enforce a $2 billion arbitration award against the South American country’s nationalization of its Venezuelan assets. A U.S. district court judge in Houston on Thursday ruled Conoco can depose Citgo as preparation for a court case against PDVSA and others over

Northern Oil and Gas Make Executive Swap

Northern Oil and Gas, Inc. (NYSE American: NOG) announced that it is realigning executive job responsibilities to optimize the daily management of the company and better position the company for future growth. Mike Reger, Northern’s founder and current CEO, will now act as President, effective July 5, 2018, and will focus his extensive knowledge of the Williston Basin on acquisition

Weekly Gas Storage: Build Continues

The EIA released its weekly Natural Gas Storage Report today, outlining how national natural gas stocks have changed in the last week. In total, the EIA reports natural gas stocks rose by 78 Bcf last week, increasing to 2,152 Bcf from 2,074 Bcf. This is 25.0% below the 2,869 Bcf that was in storage at this point last year, and

CES Energy Solutions Set to Present at The Oil and Gas Conference

CES Energy Solutions (TSX: CEU / OTC: CESDF) Company Overview CES Energy Solutions is a provider of consumable chemical solutions that includes total solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and through to the pipeline and midstream market. Summary Q1-2018 Revenue: $ 300 million Total Common Stock Outstanding: 268 million Enterprise Value: $ 1.6