US Crude Petroleum Consumption, Production Expected to Remain Below Pre-Pandemic Levels Through 2025
November 4, 2021
US Crude Petroleum Consumption, Production Expected to Remain Below Pre-Pandemic Levels T…
Canadian Natural Resources (TSX:CNQ) Reports Strong Q3 2021 Results and Raises Dividend
November 4, 2021
Canadian Natural Resources (TSX:CNQ) (NYSE:CNQ) continues to benefit from the s…
ClearStream Announces Third Quarter 2021 Financial Results
November 4, 2021
CALGARY, Alberta, Nov. 04, 2021 (GLOBE NEWSWIRE) — ClearStream Energy Services Inc. ( …
Texas Pacific Land Corporation Announces Third Quarter Results
November 4, 2021
Earnings Call to be held 7:30 am CT on Friday, November 5, 2021 Texas Pacif…
Halliburton releases DS365.ai intelligent automation service
November 4, 2021
World Oil HOUSTON – Halliburton Company released DS365.ai cloud service to help customers accelerate their digital transformation with intelligent automation. DS365.ai delivers industry specific artificial intelligence (AI) and machine learning (ML) models to enhance productivity, operational efficiency, and increase asset value. DS365.ai runs on the OSDU™ Data Platform and uses the interoperable and scalable architecture of iEnergy® Cloud. This allows
What ‘transition’? Renewable energy is growing, but overall energy demand is growing faster
November 4, 2021
CNBC The world wants to “transition” away from fossil fuels toward green energy, but the difficult reality is this: Dirty fuels are not going away — or even declining — anytime soon. The total amount of renewable energy that’s available is growing. That’s good news for a world threatened by potentially devastating climate change. But the increase in renewable energy
OPEC ignores Biden’s plea, formalizes December oil output plan
November 4, 2021
World Oil (Bloomberg) –OPEC and its allies will stick to their slow pace of oil-production increases, disregarding U.S. President Joe Biden’s demand to go faster. After a brief meeting on Thursday, the group approved a 400,000 barrel-a-day production hike for December, delegates said. That’s a pace that major consumers say is too slow to sustain the post-Covid economic recovery, with
Amid pressure from U.S., gas prices, OPEC+ says it won’t increase oil output
November 4, 2021
Nov. 4 (UPI) — The world’s top oil-producing nations and their allies resisted pressur…
Uncertainty over Russian supply sends European gas prices higher
November 4, 2021
World Oil MOSCOW (Bloomberg) – European natural gas futures jumped, extending their rebound from last week’s slump, as shipments from Russia fell. While Europe’s biggest supplier has promised additional volumes starting next week, gas flows to the region declined over the weekend and again on Monday. Shipments via a key transit route to Poland stopped, with the country receiving gas
Canadian Natural Resources profit beats on higher oil demand, raises dividend
November 4, 2021
Reuters Nov 4 – Canadian Natural Resources Ltd (CNQ.TO) reported a third-quarter profit on Thursday that beat analysts’ estimates, helped by a recovery in oil demand and higher output, and the company said it would increase its dividend. The company, which remained on track to meet its full- year 2021 capital investment target of about $3.48 billion, said the
Shares of Cenovus Energy Inc (CVE) Rise to a New 52-Week High
November 4, 2021
Shares of Cenovus Energy Inc (NYSE:CVE) traded at a new 52-week high today of $12.56. So …
Oil prices rise by $2 ahead of OPEC+ meeting
November 4, 2021
Reuters LONDON, Nov 4 – Oil prices rose more than $2 on Thursday, lifted by expectations that OPEC and its allies will stick to slow output increases despite calls from the United States and large importers for additional supply to cool the market. Brent crude was up $2.15, or 2.6%, at $84.14 a barrel by 1338 GMT and U.S.
