CWC ENERGY SERVICES CORP. ANNOUNCES FOURTH QUARTER AND YEAR END 2021 OPERATIONAL AND FINANCIAL RESULTS
March 2, 2022
CWC ENERGY SERVICES CORP. ANNOUNCES FOURTH QUARTER AND YEAR END 2021 OPERATIONAL AND FINA…
SilverBow Resources Announces Fourth Quarter and Full Year 2021 Results; 2022 Capital Program and Guidance
March 2, 2022
Full year 2021 free cash flow of $84 million and free cash flow yield of 22% …
Landgate presented at the 2022 The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines
March 2, 2022
Oil and Gas 360 Publisher’s Note: Landgate presented at the 2022 The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines on Thursday, February 17, 2022 on the Colorado School of Mines campus in Golden, Colorado. You can view company summaries and all the presentations from The Energy Venture Investment Summit at https://theenergyventuresummit.com/presenting-companies. For more information
Exxon to hand Russian oil-project stake to Rosneft, partners
March 2, 2022
World Oil (Bloomberg) — Exxon Mobil Corp. plans to cede its stake in a Russian oil development to Kremlin-controlled Rosneft PJSC and other partners as sanctions make it harder to operate in the country. Just hours after announcing plans to abandon its Russian investments, Exxon Chief Executive Officer Darren Woods told analysts that banking sanctions imposed in response to the
Energy Workforce & Technology Council: invest in U.S. energy to create jobs, energy independence
March 2, 2022
World Oil Leslie Beyer, CEO of the Energy Workforce & Technology Council, said following the State of the Union Address, she agrees with President Biden and our need to optimize reliance on domestic resources, but that must also include energy resources. “If we provide a fair playing field for our energy sector and encourage more investment in U.S. energy infrastructure,
U.S. shale oil forecasts keep rising as smaller producers lead the way
March 2, 2022
Nasdaq March 2 – Publicly traded U.S. shale firms are not budging on production restraint vows as oil markets surge amid Russia’s invasion of Ukraine, leaving smaller producers to lead output gains during the highest prices in seven years. Oil futures on Tuesday traded up as much as 10% to $107 per barrel, the most since July 2014, as Moscow’s
U.S. crude, fuel stocks dwindle as buyers grab from storage – EIA
March 2, 2022
Nasdaq March 2 – U.S. crude and fuel stocks fell in the latest week, driving key storage hubs to multi-year lows as strong demand had refiners and other users paying dearer prices to secure supplies. Oil prices have soared since Russia invaded Ukraine and was hit with sanctions that disrupted oil trade worldwide in markets already stressed by tight supplies.
Oil Is a Buy? Really?
March 2, 2022
InvestorPlace – Stock Market News, Stock Advice & Trading Tips The War in Ukraine is d…
Oil soars past $110/bbl on growing Russian supply disruptions
March 2, 2022
US News NEW YORK – Oil prices surged beyond $110 per barrel on Wednesday as traders scrambled to seek alternative oil sources due to supply disruptions after sanctions on Russian banks amid the intensifying Ukraine conflict, while U.S. crude inventories fell unexpectedly, underscoring the already tight market. Brent crude futures hit their highest since June 2014 at $113.94 a barrel,
API letter calls on Biden administration to support American energy leadership
March 2, 2022
World Oil Ahead of Tuesday’s State of the Union Address, American Petroleum Institute (API) President and CEO Mike Sommers sent a letter to Department of Energy (DOE) Secretary Jennifer Granholm and other administration officials outlining steps key regulatory agencies should take to ensure long-term American energy leadership and security at a time of increased geopolitical volatility. “Recent developments illustrate the importance
U.S. crude oil inventories decrease by 2.6 million barrels
March 2, 2022
Weekly Crude Oil Storage as of February 25, 2022 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 2.6 million barrels from the previous week. At 413.4 million barrels, U.S. crude oil inventories are about 12% below the five year average for this time of year, according to the EIA crude oil and petroleum
