February 18, 2022 – Oil & Gas 360

Emerging energy and technology took the spotlight at The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines

February 18, 2022

Oil and Gas 360 The Energy Venture Investment Summit in Golden, Colorado, Brought Entrepreneurs, Energy Investment Professionals and Industry Together to Share Ideas and Provide Capital to Innovations that Will Shape the Future of Energy. EnerCom, Inc., a nationally-recognized management consultancy, and Colorado School of Mines, a leading public research university focused on science and engineering, hosted The Energy Venture

Shale giants swear they won’t drill more, even at $200 a barrel

February 18, 2022

World Oil (Bloomberg) — The Texas wildcatters that ushered in America’s shale revolution are resisting the temptation to pump more oil as the market rallies, signaling higher gasoline prices for consumers already battered by the worst inflation in a generation. Crude prices hurtling toward $100 a barrel typically would spark a frenzy of new drilling by independent explorers in shale fields from the desert

U.N. pact may restrict plastic production. Big Oil aims to stop it

February 18, 2022

US News United Nations member states are set to meet this month in Nairobi to draft the blueprint for a global plastics treaty, a deal that could see countries agree for the first time to reduce the amount of single-use plastics they produce and use. It’s being touted as the most important environmental pact since the 2015 Paris Agreement on

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count increased by 10 this week, at 645

February 18, 2022

Oil and Gas 360 This week’s Baker Hughes rig count shows that U.S. had an increase of 10 over last week, resulting in a total count of 645 rigs. Canada had an increase of 1 over last week, resulting in a total Canadian count of 220 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Arkoma Woodford,

Oil heads for weekly fall on Iranian oil hopes

February 18, 2022

CNBC Oil prices extended losses on Friday and were heading for a weekly fall as the prospect of increased Iranian oil exports eclipsed fears of potential supply disruption resulting from the Russia-Ukraine crisis. Brent crude futures fell $1.92, or 2%, to $91.07, extending a 1.9% drop from the previous session. U.S. West Texas Intermediate (WTI) crude futures shed $1.97, or 2.1%, to

Marathon Oil chooses cash returns over oil production ramp-up

February 18, 2022

World Oil (Bloomberg) — Marathon Oil Corp. said oil and natural gas production won’t increase this year as it concentrates on pouring cash into dividends and share buybacks. The shale giant announced plans to spend $1.2 billion on capital projects this year, in line with analysts’ expectations for a 20% increase from the 2021 level, according to a statement on

7 Dependable Dividend Stocks for a Restful Retirement

February 18, 2022

InvestorPlace – Stock Market News, Stock Advice & Trading Tips Up until now, stocks ha…

EU considering more transparent carbon market reporting – draft

February 18, 2022

Yahoo Finance BRUSSELS – The European Union is considering making more information available on trading in its carbon market, according to a draft document, amid calls from some governments to limit financial speculators’ participation in the scheme. Tougher EU climate targets and high gas prices leading some power generators to switch to higher-emitting coal have helped to drive a jump

Houston biotech startup will use microbes to make hydrogen from oil

February 18, 2022

World Oil Publisher’s Note- Cemvita Factory participated yesterday at The Energy Venture Investment Summit, hosted by EnerCom and Colorado School of Mines. Presentations can now be viewed online. (Bloomberg) — Houston biotech startup Cemvita Factory is partnering with U.S. gas-equipment manufacturer Chart Industries Inc. to use oil-eating microbes to make hydrogen. The venture, which also includes engineering and consulting firm

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