Saturday, August 17, 2024
EnerCom Consulting Notes from the Road: Two in-person events in one week!-oil and gas 360

EnerCom Consulting Notes from the Road: Two in-person events in one week!

Oil & Gas 360 By: Aaron Vandeford- EnerCom This week, EnerCom consultants attended two in-person events. EnerCom’s CFO and Chairman Blanca Andrus, participated in WBENC Energy Executive Program in Houston.  Aaron Vandeford (President) and Dan Genovese (Director) attended Tudor Pickering Holt & Co’s 5th Annual Disruption Conference (D5: Momentum) hosted in Denver. WBENC Energy Executive Program The WBENC Energy Executive

Biden’s National Economic Council can’t settle on a plan as energy prices spike- oil and gas 360

Biden’s National Economic Council can’t settle on a plan as energy prices spike

World Oil (Bloomberg) –One hour after U.S. government data showed on Wednesday that American inflation had soared to a 31-year high, President Joe Biden vowed to fight the surge as “a top priority.” Key to his administration’s response, Biden said in a statement, would be addressing the rising cost of energy — what he described as “the largest share of

Eni inadvertently buys oil from Iran, violating U.S. sanctions- oil and gas 360

Eni inadvertently buys oil from Iran, violating U.S. sanctions

World Oil (Bloomberg) – Eni SpA, one of Europe’s largest oil companies, said it unwittingly purchased a consignment of crude from Iran — an act that would have breached U.S. sanctions. In 2019, the Rome-based company bought a shipment of oil that was purported to have come from Iraq — a fact that authorities in Baghdad denied. Eni said in

Oil prices head for weekly fall after volatile week- oil and gas 360

Oil prices head for weekly fall after volatile week

Reuters NEW YORK  -Oil prices fell on Friday, wiping out gains from the previous session, on worries that the U.S. Federal Reserve will accelerate plans to boost interest rates to tame inflation. Brent crude futures fell 87 cents, or 1.1%, to $82.00 a barrel by 1:27 p.m. EST (1827 GMT). U.S. West Texas Intermediate (WTI) crude fell 90 cents, or

EU climate boss sees a role for natural gas in the green energy transition- oil and gas 360

EU climate boss sees a role for natural gas in the green energy transition

World Oil (Bloomberg) – European Union climate chief Frans Timmermans gave the clearest signal yet that the bloc is considering a role for natural gas under its green rulebook for investments, setting up a clash with some national governments. Timmermans said that an exit from coal for some member states, like Poland, would require an “intermediary stage” using natural gas.

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