March 11, 2022 – Oil & Gas 360

Hydroacoustics Inc presented at the 2022 The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines

March 11, 2022

Oil and Gas 360 Publisher’s Note: Hydroacoustics 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 about

3 TSX Pipeline Giants Are Top Picks in the Current Crisis

March 11, 2022

The global crisis brought about by the war in Eastern Europe is deepening. A full embargo b…

Goldman Sachs predicts what will happen to Europe’s economy if Putin shuts off the gas taps

March 11, 2022

CNBC LONDON — Natural gas is one of several commodities caught in the crossfire of the conflict in Ukraine, and the European economy could take a hit if Russia halts its exports. Supply-side risks arising from the war have stoked extreme volatility across global commodity markets, with oil, nickel and wheat also surging alongside natural gas in recent weeks. Natural gas

Aramco boosts oil ties with China as world frets over supply

March 11, 2022

World Oil (Bloomberg) — Saudi Arabia is strengthening energy ties with China, as the oil producer Aramco agreed to build a multi-billion dollar refining and chemicals project that will tap into the Asian country’s future demand. Globally, consumers are screaming for fuels as consumption recovers after the coronavirus pandemic, and refiners are delaying maintenance to benefit from high margins. Prices

3 Oil Stocks Turning Up the Heat… And One That’s Sizzling

March 11, 2022

InvestorPlace – Stock Market News, Stock Advice & Trading Tips This article is excerp…

ANALYSIS-Petrobras bulls charge ahead despite risks in Brasilia

March 11, 2022

Nasdaq March 11 – Last year, when Brazilian President Jair Bolsonaro sacked the head of state-run oil company Petrobras amid a spat over domestic fuel prices, the market reaction was apoplectic. Preferred shares in the firm plummeted 22% in a day. Analysts quickly downgraded a slew of Brazilian assets from state banks to sovereign debt. Many investors feared the company

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

U.S. rig count increased by 13 this week, at 663

March 11, 2022

Oil and Gas 360 This week’s Baker Hughes rig count shows that U.S. had an increase of 13 over last week, resulting in a total count of 663 rigs. Canada had a decrease of 11 over last week, resulting in a total Canadian count of 206 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Eagle Ford,

Some shale deals stall after Russian ban whipsaws oil prices

March 11, 2022

World Oil (Bloomberg) — Some oil and gas dealmakers are hitting the pause button as prices whipsaw following the ban on Russian oil imports. Companies are concerned about overpaying for assets while focused on cutting debt and rewarding shareholders. For example, the owners of Sequitur Energy Resources are holding onto 83,000 net acres in part of the Permian Basin the

EXCLUSIVE Russia’s Surgut works with China to allow oil sales to go on

March 11, 2022

Reuters SINGAPORE :Russian producer Surgutneftegaz has allowed Chinese buyers to receive oil without providing guarantees known as letters of credit (LC) in order to bypass Western sanctions, three people with knowledge of the matter said. The change in terms is allowing Surgutneftegaz to continue to sell ESPO Blend crude from the port of Kozmino in Russia’s Far East to China,

Exxon weighs Bakken asset sale after getting interest

March 11, 2022

World Oil (Bloomberg) — Exxon Mobil Corp. is considering a sale of assets in North Dakota’s Bakken shale after being approached by interested parties, according to people with knowledge of the matter. The oil giant could get about $5 billion for the Bakken assets, said the people, who asked not to be identified because they weren’t authorized to speak. Exxon

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