CNBC U.S. oil production is back and set to increase in 2022 after more than a year of OPEC and its allies “running the show,” according to Daniel Yergin, vice chairman of IHS Markit. Output could rise by as much as 900,000 barrels per day, he told CNBC’s “Squawk Box Asia” on Wednesday. U.S. oil firms slashed production in 2020 as the
Though markets have been trading close to record levels, some TSX stocks are still trading …
Reuters HOUSTON -The U.S. National Labor Relations Board on Wednesday impounded ballots that will decide whether the United Steelworkers (USW) continues to represent workers at an Exxon Mobil oil refinery in southeast Texas. The NLRB said it sequestered the ballots while it reviews unfair labor practice complaints filed by the union representing workers at Exxon’s Beaumont, Texas, complex. The USW
World Oil MOSCOW (Bloomberg) –Gazprom PJSC has finished preparing the controversial Nord Stream 2 pipeline for natural gas exports to Europe, yet actual deliveries depend on how quickly regulators grant the project approval amid souring relations between Russia and Western nations. “Nord Stream 2 is ready for operations,” Russian President Vladimir Putin said Wednesday at a meeting with energy officials
World Oil HOUSTON (Bloomberg) –Oil drillers in the biggest U.S. fields are shouldering record costs at the same time that some banks are increasingly reluctant to loan money to the sector, according to the Federal Reserve Bank of Dallas. Equipment, leasing and other input costs for oil explorers and the contractors they hire surged to an all-time high during the
World Oil (Bloomberg) –Talks on reviving the Iran nuclear deal that have resumed in Vienna show some progress but it’s “far too slow,” a U.S. official said Tuesday. “Iran has at best been dragging its feet in the talks while accelerating its nuclear escalation,” State Department spokesman Ned Price said in a press briefing. “We have been very clear that
World Oil TDI-Brooks recently completed a Geotechnical Site Investigation for Beacon Exploration & Production LLC in the deepwater Gulf of Mexico. The project consisted of ‘heavy’ geotechnical coring/cone penetration testing (“CPT”) with TDI-Brooks’ research vessel, the R/V GYRE. T he project included the acquisition of 20-m Jumbo Piston coring, 40 meter CPT-Stinger samples and 40 meter Shelby-tube Stinger samples. Other
Natural Gas Inventories as of December 24, 2021 The EIA has released its natural gas inventory report, showing a net decrease of 136 Bcf as of December 24, 2021. Working gas in storage was 3,226 Bcf as of Friday, December 24, 2021, according to EIA estimates. This represents a net decrease of 136 Bcf from the previous week. Stocks were
Sign up to receive daily news and stock prices from Oil & Gas 360® directly in your email inbox.
Market Data ©2020–2024 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.
