Reuters LONDON (Reuters) – Royal Dutch Shell warned on Thursday of a $400 million hit to third-quarter earnings from the damage caused by August’s Hurricane Ida. However, in an update ahead of quarterly results this month, the oil major also flagged a boost to cashflows from soaring natural gas and electricity prices. Gas and power prices have been surging as
World Oil HOUSTON (Bloomberg) – U.S. shale oil production will expand at a “modest rate” over the next 18 months even as prices touch multiyear highs, according to BloombergNEF, leaving OPEC in a powerful position as the world cries out for more barrels. Producers are using cash flow to pay down debt and reward shareholders rather than invest in new
The USD/CAD pair declined to the lowest level since September 7 as the price of cru…
Energy was the only sector to deliver solid returns in September, owing to rising oil and gas…
The law firm of Kessler Topaz Meltzer & Check, LLP is currently investigating poten…
CNBC Even with the current drive toward more renewable energy sources, global carbon emissions are going to increase through 2050, unless there are significant changes in policy or technology between now and then. That’s according to a new report released Wednesday from the U.S. Energy Information Administration, a division of the federal U.S. Department of Energy which analyzes and shares data. For
LOS ANGELES – October 7, 2021 (Investorideas.com newswire and Oilandgasstocknews.com) Break…
Oil & Gas 360 October 07, 2021 6:30am EDT- MINNEAPOLIS–(BUSINESS WIRE)– Northern Oil and Gas, Inc. (NYSE American: NOG): HIGHLIGHTS $154 million bolt-on acquisition of proved producing properties in the Williston Basin >4,500 Boe per day of production (2-stream, ~65% oil) Mature, shallow decline (~18% first year decline expected) Northern owns existing interests in 84% of the acquired wellbores, providing
Air Products’ New World-Scale Liquid Hydrogen Plant is Onstream at its La Porte, Texas Fa…
–News Direct– For the foreseeable future, they are the two poles of the global energy…
SHERMAN OAKS, CA / ACCESSWIRE / October 6, 2021 / Petroteq Energy Inc. (” Petroteq ” or the …
Natural gas price has eased at around $5.75 per a million British thermal units in …
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