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March 22, 2022

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

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

March 22, 2022

Oil and Gas 360 Publisher’s Note: FLITE 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

Saudi Arabia emphasizes 'essential role' of OPEC+ oil accord- oil and gas 360

Saudi Arabia emphasizes ‘essential role’ of OPEC+ oil accord

March 22, 2022

Nasdaq March 22 – Saudi Arabia’s cabinet emphasised on Tuesday “the essential role” of the OPEC+ agreement in bringing balance and stability to oil markets, Saudi state news agency SPA reported. The statement, a little over a week before OPEC+ is scheduled to meet, indicates little chance the grouping will decide to raise oil output at a faster pace. Several

Shale driller Rockcliff Energy weighs $4 billion sale- oil and gas 360

Shale driller Rockcliff Energy weighs $4 billion sale

March 22, 2022

World Oil (Bloomberg) — Rockcliff Energy LLC, a private equity-backed natural gas explorer, has been speaking with advisers as it evaluates takeover interest from rival U.S. shale drillers, people with knowledge of the matter said. The Houston-based company could seek $4 billion or more in a sale, the people said. Deliberations are at an early stage, and there’s no certainty

Analysis: Climate goals take second place as EU states cut petrol prices- oil and gas 360

Analysis: Climate goals take second place as EU states cut petrol prices

March 22, 2022

Reuters ROME – A growing number of European countries are cutting fuel taxes to lower surging pump petrol prices. The move brings respite to motorists but environmentalists say it flies in the face of commitments to curb global warming. Rising international oil costs, exacerbated by the war in Ukraine, have driven petrol above 2 euros ($2.21) per litre in much

Oil rises towards $116 as EU weighs Russian ban- oil and gas 360

Oil rises towards $116 as EU weighs Russian ban

March 22, 2022

Reuters Oil rose towards $116 a barrel on Tuesday, adding to a 7% surge the previous day, supported by supply risks from a potential European Union oil embargo on Russia and concern about attacks on Saudi oil facilities. European Union foreign ministers are split on whether to join the United States in banning Russian oil. Some countries, including Germany, say

Schlumberger suspends new investment and technology deployment in Russian operations-oil and gas 360

Schlumberger suspends new investment and technology deployment in Russian operations

March 22, 2022

World Oil Schlumberger provided the following update with regard to its operations in Russia: “We have watched with immense concern as the conflict in Ukraine has escalated,” said Chief Executive Officer Olivier Le Peuch. “First and foremost, we are deeply focused on the health, safety and security of our employees, colleagues and their families in Ukraine, Russia and throughout the region.

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