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January 6, 2022

EnerCom and Colorado School of Mines announce preliminary presenting companies and keynote presentations at The Energy Venture Investment Summit, February 16 – 17, 2022

January 6, 2022

Oil and Gas 360 Publisher’s Note: Investment event to bring energy technology, investment professionals and industry together to share ideas and provide capital to innovations that will shape the future of energy. Investors can register now to attend The Energy Venture Investment Summit 2022 presented by Colorado School of Mines and EnerCom. DENVER, Jan. 6, 2022 /PRNewswire/ — EnerCom, Inc., a nationally recognized

Shell-backed U.S. solar developer raises $775 million in equity- oil and gas 360

Shell-backed U.S. solar developer raises $775 million in equity

January 6, 2022

Nasdaq Jan 6 – Silicon Ranch Corp, the U.S. solar project developer backed by Royal Dutch Shell RDSa.L, on Thursday said it raised $775 million in equity capital from new and existing investors. The announcement comes as renewable energy, and in particular solar, is experiencing a dramatic expansion in the United States. Financial institutions are seeking to capitalize on that

Exxon says technology, global experience delivering unprecedented success in Guyana- oil and gas 360

Exxon says technology, global experience delivering unprecedented success in Guyana

January 6, 2022

Oil Now “This is not normal.” This is how the unprecedented success ExxonMobil has been having offshore Guyana is being described by head of its operations in the South American country, Alistair Routledge. “We reached the huge milestone of declaring 10 billion oil equivalent barrels of resource that we have discovered, that’s in a short number of years, I think

Permian’s biggest oil producer closes 2022 hedges in bullish outlook- oil and gas 360

Permian’s biggest oil producer closes 2022 hedges in bullish outlook

January 6, 2022

World Oil HOUSTON (Bloomberg) –Pioneer Natural Resources Co., the biggest oil producer in the Permian Basin, closed out almost all its hedges for this year, indicating a bullish outlook for crude prices. The move will cost $328 million spread over the course of 2022, Pioneer said in a filing Wednesday, but leaves the company well positioned to bank any uplift

Oil slips from highest level in a month as U.S. stockpiles surge- oil and gas 360

Oil slips from highest level in a month as U.S. stockpiles surge

January 6, 2022

Oil Now Oil prices lost ground on Thursday, falling from their highest levels in more than a month after U.S. fuel stockpiles surged amid declining demand. The global benchmark Brent crude futures fell 63 cents, or 0.8%, to $80.17 a barrel, as of 0727 GMT. U.S. West Texas Intermediate (WTI) crude futures lost 58 cents, or 0.8%, to $77.27 a

Freezing weather hampers crude oil flow in northern U.S., Canada- oil and gas 360

Freezing weather hampers crude oil flow in northern U.S., Canada

January 6, 2022

World Oil (Bloomberg) –A deep-freeze in Canada and Northern U.S. is disrupting oil flows, causing a surge in crude prices just as American stockpiles are declining. With temperatures from North Dakota to Northern Alberta below zero Fahrenheit (-18 Celsius), TC Energy Corp.’s Keystone pipeline was shut on Tuesday before resuming later the next day. In North Dakota’s Bakken shale, production

Weekly Gas Storage: Inventories increase by 68 Bcf- oil and gas 360

Weekly Gas Storage: Inventories decrease by 31 Bcf

January 6, 2022

Natural Gas Inventories as of December 31, 2021 The EIA has released its natural gas inventory report, showing a net decrease of 31 Bcf as of December 31, 2021. Working gas in storage was 3,195 Bcf as of Friday, December 31, 2021, according to EIA estimates. This represents a net decrease of 31 Bcf from the previous week. Stocks were

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