BCSC settles insider trading case involving former oil and gas consultant
December 27, 2019
BCSC settles insider trading case involving former oil and gas consultant
U.S. energy shareholders seek to leave behind a lost decade
December 27, 2019
Reuters NEW YORK – The 2010s was a lost decade for shares of U.S. energy companies overall. Volatile commodity prices amid growing supply, poor financial performance and disfavor from some investor groups all contributed to the energy sector’s transformation from investor darling to investor outcast. U.S. crude prices CLc1 fell more than 20% during the 2010s, while the rise of
Oil rises following larger-than-expected drop in US crude inventories
December 27, 2019
CNBC Oil prices moved higher on Friday following a larger-than-expected drop in U.S. crude inventories, although gains were capped as Russia downplayed output cuts. Brent crude futures gained 23 cents to trade at $68.15 per barrel, its highest level since mid-September. The West Texas Intermediate contract gained 6 cents to trade at $61.74. For the week ending December 20 U.S. crude inventories fell
Magnolia LNG’s supply deal with Vietnam takes another step forward
December 27, 2019
Houston Chronicle A liquefied natural gas supply deal between the proposed Magnolia LNG export terminal in Louisiana and the Vietnamese government took a major step forward. In a Dec. 19 decision, the Vietnamese government added the Bac Lieu LNG-to-Power project to its National Power Development Plan. Under the plan, Singapore-based Delta Offshore Energy will build a natural gas-fired power
U.S. rig count down 8 this week, at 805
December 27, 2019
This week’s Baker Hughes rig count shows that U.S. numbers decreased by 8, resulting in the total count decreasing to 805 rigs. Canada decreased over last week by 50 rigs, resulting in a total Canadian count of 99 rigs. Breakdown by region Of the regions tracked by Baker Hughes, only Marcellus and Williston regions saw an increase this week. Meanwhile, 4
2019 Asset Management in Oil & Gas – Thematic Research – ResearchAndMarkets.com
December 27, 2019
2019 Asset Management in Oil & Gas – Thematic Research – ResearchAndMarkets.com
Weekly Gas Storage: Inventories decrease by 161 Bcf
December 27, 2019
Natural Gas Inventories as of December 20, 2019 The EIA has released its natural gas inventory report, showing another build of 161 Bcf as of December 20, 2019. Working gas in storage was 3,250 Bcf as of Friday, December 20, 2019, according to EIA estimates. This represents a net decrease of 161 Bcf from the previous week. Stocks were 518
General Dynamics NASSCO delivers lead ship of Matson Kanaloa Class
December 27, 2019
NASSCO SAN DIEGO – General Dynamics NASSCO delivered Lurline, the lead ship of the two-vessel Kanaloa Class, built for Honolulu-based shipping and logistics company, Matson. Lurline is the largest combination containership/roll-on, roll-off (“ConRo”) vessel constructed in the United States. The 870-foot-long, 3,500 TEU Lurline provides the capability to transport containers, automobiles, trailers and rolling stock. NASSCO partnered with DSEC Co., Ltd., to provide a state-of-the-art
U.S. crude oil inventories increase by 5.5 million barrels
December 27, 2019
Weekly Crude Oil Storage as of December 20, 2019 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 5.5 million barrels from the previous week. At 441.4 million barrels, U.S. crude oil inventories are about 2% above the five year average for this time of year, according to the EIA crude oil and petroleum weekly
Global Battery Energy Storage System Market Analysis, Trends, and Forecasts 2019-2025 – ResearchAndMarkets.com
December 27, 2019
Global Battery Energy Storage System Market Analysis, Trends, and Forecasts 2019-2025 – ResearchAndMarkets.com
Oil holds above $60 as U.S. crude stockpiles seen shrinking
December 27, 2019
Houston Chronicle Oil held above $60 a barrel before U.S. government data forecast to show that crude stockpiles declined again, mitigating concerns that global markets face a renewed surplus next year. Futures rose 0.4 percent in New York. American crude inventories fell by 1.7 million barrels last week, according to a Bloomberg survey before Energy Information Administration data on Friday
Teksan Participated in the Power-Gen Exhibition With Its Innovative Products
December 27, 2019
Teksan Participated in the Power-Gen Exhibition With Its Innovative Products
