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Iron-IQ presented at the 2022 The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines- oil and gas 360

Iron-IQ presented at the 2022 The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines

Oil and Gas 360 Publisher’s Note: Iron-IQ 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

OPEC flags risk to oil demand outlook from Ukraine war, inflation- oil and gas 360

OPEC flags risk to oil demand outlook from Ukraine war, inflation

Nasdaq LONDON, March 15  – OPEC said on Tuesday that oil demand in 2022 faced challenges from Russia’s invasion of Ukraine and rising inflation as crude prices soar, increasing the likelihood of reductions to its forecast for robust demand this year. Oil prices shot above $139 a barrel this month, hitting peaks not seen since 2008, as Western sanctions tightened

Drillers awaken in Canada as war leaves world begging for oil-oag360

Drillers awaken in Canada as war leaves world begging for oil

World Oil (Bloomberg) — Canada’s slumbering oil industry is beginning to stir. For years, the country’s drillers, like those in the shale fields of West Texas, have been under great pressure from their investors to avoid the kind of expansion plans that have backfired on them countless times before. So when oil blew past $70 a barrel last year, then

Shell's board of directors sued for 'failing to properly prepare' for the energy transition- oil and gas 360

Shell’s board of directors sued for ‘failing to properly prepare’ for the energy transition

CNBC Shell’s board is being sued for failing to prepare the multinational oil and gas company for the transition away from fossil fuels. Environmental law firm ClientEarth, a Shell shareholder, said Tuesday that it had notified Shell of its claim against the company’s 13 executive and non-executive directors. It argues the board’s failure to implement a climate strategy that truly aligns with

Oil companies hedging less future production as crude prices rise- oil and gas 360

Oil companies hedging less future production as crude prices rise

World Oil (Bloomberg) — Even before Russia’s invasion of Ukraine sent shockwaves through the oil market, U.S. shale producers—financially fit again and egged on by investors looking for more commodity exposure—had been exiting their price hedges for months. Now, with oil closing above $100 a barrel every single day this month, the era of shale producers selling a significant share of future output

Chicago City Council bans fossil-fuel investments- oil and gas 360

U.S. oil ‘mini-majors’ emerge from shale patch deals, soaring energy prices

Nasdaq HOUSTON, March 15 – A group of oil and gas “mini-majors” are emerging among U.S. shale producers, built from aggressive dealmaking that industry players expect will accelerate on strong commodity prices and the retreat of Europeans from U.S. onshore production. The players, including Devon Energy Corp DVN.N, EQT Corp EQT.N, Continental Resources CLR.N, Pioneer Natural Resources PXD.N and Diamondback Energy FANG.N, are poised for another round

Oil plunges on easing supply concerns, China COVID cases- oil and gas 360

Oil plunges on easing supply concerns, China COVID cases

Reuters LONDON -Oil prices tumbled to their lowest levels in almost three weeks on Tuesday as supply disruption fears eased and as surging COVID-19 cases in China spurred demand concerns. Brent futures were down $6.40, or 5.9%, to $100.50 a barrel at 1308 GMT, while U.S. West Texas Intermediate (WTI) crude was down $6.35, or 6.1%, to $96.66 a barrel.

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