Suncor Energy to release third quarter 2021 financial results
October 20, 2021
CALGARY, Alberta, Oct. 20, 2021 (GLOBE NEWSWIRE) — Suncor will release its third quarter f…
Baker Hughes profit misses estimates amid supply chain woes
October 20, 2021
Reuters Oilfield firm Baker Hughes Co reported quarterly profit that fell short of analyst expectations on Wednesday, in part due to global supply chain issues, sending its shares down sharply in early trading. Oil service firms are expected to be supported by a rebound in oil prices to pre-pandemic levels as demand recovers and the Organization of the Petroleum Exporting
Energy crisis is wake up call for more investment, forum hears
October 20, 2021
Reuters NEW DELHI/LONDON, Oct 20 – The current energy crisis is a wake-up call for the need to invest more in the sector to avoid another energy supply crunch, Abu Dhabi National Oil Company (ADNOC) Chief Executive Sultan al-Jaber told a conference on Wednesday. The oil minister of India, the world’s third biggest oil consumer and importer, echoed Jaber’s comments,
Fossil fuel production ‘dangerously out of sync’ with global climate targets, UN warns
October 20, 2021
CNBC LONDON — As world leaders prepare for one of the most important climate summits ever held, U.N.-backed research shows governments are collectively planning to extract far more fossil fuels than would be consistent with global climate targets. The United Nations Environment Programme’s annual production gap report, published on Wednesday, found governments were on track to produce more than twice the levels
Guyana seeks a 135-mile subsea gas pipeline to extend its energy win streak
October 20, 2021
World Oil HOUSTON (Bloomberg) –Guyana will likely become one of South America’s top oil producers over the next four years, but the world’s newest petrostate increasingly sees gas as the bedrock for growing its domestic economy. Work will begin on constructing a major gas-fired power plant in 2022 on the expectation that a 220-kilometer (135-mile) pipeline will be built, according
Oil rises modestly as U.S. crude stockpiles dwindle
October 20, 2021
Reuters NEW YORK – Oil prices edged higher on Wednesday, rebounding from early losses after U.S. crude stockpiles unexpectedly fell and inventories at the nation’s largest storage site hit their lowest level in three years. Brent crude futures rose 26 cents, or 0.3%, to $85.35 a barrel as of 10:48 a.m. EDT (1448 GMT), lingering close to multi-year highs. November
U.S. crude oil inventories decrease by 0.4 million barrels
October 20, 2021
Weekly Crude Oil Storage as of October 15, 2021 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 0.4 million barrels from the previous week. At 426.5 million barrels, U.S. crude oil inventories are about 6% below the five year average for this time of year, according to the EIA crude oil and petroleum
Oil and gas firms incorporate ESG goals as investors, regulators show interest
October 20, 2021
Dallas Business Journal More oil and gas companies, including those headquartered in North Texas, are turning an eye to environmental and social governance as investors and regulators continue applying pressure. In direct response to investor demand, more companies are incorporating ESG metrics in their performance compensation for their executives, according to a report by Haynes and Boone. Investors want to see
AXIS Further Strengthens Fossil Fuel Underwriting and Investment Policy to Support Low-Carbon Economy Transition  
October 20, 2021
Builds on Renewable Energy Actions With Climate Investment in Emerging Markets …
7 Dividend Stocks To Buy for 2022 and Hold Forever
October 20, 2021
InvestorPlace – Stock Market News, Stock Advice & Trading Tips The allure of dividend …
