Thursday, November 21, 2024
Argentine opposition leader: no point in having oil if multinationals take it away - Oil and Gas 360

Argentine opposition leader: no point in having oil if multinationals take it away

From Reuters Argentina’s Peronist candidate for president, Alberto Fernandez, said on Thursday there was no point in having oil if international companies came to take it away, suggesting a government he led would not be friendly to foreign investors. “There’s no point in having oil if in order to extract it you have to let multinationals come and take it

Varcoe: Court challenge brings new threat to pipeline and Alberta's plans to balance budget - Oil and Gas 360

Varcoe: Court challenge brings new threat to pipeline and Alberta’s plans to balance budget

From The Calgary Herald Minutes before Finance Minister Travis Toews stood up to speak to a Calgary business audience about the stressed state of Alberta’s finances, another court ruling about an oil pipeline came barrelling down the track. Another day, another potential delay for the Trans Mountain project. “As other Albertans have been frustrated, we have been very frustrated with

Oil rallies as U.S. again sanctions Iran, Russia cuts production - Oil and Gas 360

Oil rallies as U.S. again sanctions Iran, Russia cuts production

From The Houston Chronicle Oil ended above $56 a barrel Wednesday after the U.S. announced plans to intensify sanctions on Iran and Russia said it would trim production in September. Futures in New York gained 4.2% as Brian Hook, Washington’s special representative to Iran, said the U.S. will add “maximum pressure” to its Iran campaign. Russia’s energy minister Alexander Novak

Equinor reports onshore oil spill in Bahamas after hurricane - Oil and Gas 360

Equinor reports onshore oil spill in Bahamas after hurricane

From Reuters Equinor (EQNR.OL) has discovered an oil spill at its storage terminal in the Bahamas in the aftermath of hurricane Dorian, the Norwegian energy company said in a statement on Thursday. “Our initial aerial assessment of the South Riding Point facility has found that the terminal has sustained damage and oil has been observed on the ground outside of

Exclusive Interview: Jeff Fulmer, Executive Vice President of CorEnergy Infrastructure Trust

CorEnergy Infrastructure Trust’s Jeff Fulmer, Executive Vice President, was interviewed by EnerCom’s Angie Austin at The Oil & Gas Conference® 2019.   CorEnergy Infrastructure Trust, Inc. (NYSE: CORR) is a real estate investment trust (REIT) that owns essential energy assets, such as pipelines, storage terminals, and transmission and distribution assets. The Company receives long-term contracted revenue from operators of these assets,

Sluggish oil consumption to keep pressure on prices: Kemp - Oil and Gas 360

Sluggish oil consumption to keep pressure on prices: Kemp

From Reuters Global oil consumption is likely to increase by less than 1 million barrels per day this year, according to a downbeat but realistic assessment from BP’s finance chief on Wednesday. Growth of less than 1 million barrels per day (bpd) would represent an increase of less than 1% in consumption and be the slowest growth since 2014 and