Acceleware Ltd. Reports Fourth Quarter 2021 Financial and Operating Results
March 23, 2022
CALGARY, Alberta, March 23, 2022 (GLOBE NEWSWIRE) — Acceleware® Ltd. (“Accelew…
Targa Resources Corp. Prices $1.5 Billion Offering of Senior Notes
March 23, 2022
HOUSTON, March 23, 2022 (GLOBE NEWSWIRE) — Targa Resources Corp. (“Targa” or…
Acceleware Announces Second Non-Brokered Private Placement of 10% Unsecured Convertible Debentures
March 23, 2022
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S. CA…
EXCLUSIVE Dutch bank ING ends financing for new oil and gas projects
March 23, 2022
Reuters LONDON – ING Groep NV will no longer finance new oil and gas projects, its energy chief said, one of the first major global banks to commit to such a step in the fight against climate change. The move by the Dutch financial services firm raises pressure on peers to heed a call by the International Energy Agency (IEA)
EU eyes joint gas buying to tackle energy crunch
March 23, 2022
Nasdaq BRUSSELS, March 23 – The European Union recommended on Wednesday that EU countries jointly buy gas to shore up supply, but warned that seeking to cap wholesale prices would cause problems and undermine efforts to shift to green energy. The European Commission will unveil a detailed plan in May to quit Russian fossil fuels by 2027, in response to
Putin says Russia will start selling gas to ‘unfriendly’ countries in roubles
March 23, 2022
Nasdaq March 23 – Russian President Vladimir Putin said on Wednesday Russia would start selling gas to “unfriendly countries” in roubles, after a freeze on Russia’s assets by foreign nations had destroyed Moscow’s trust. Putin said the changes would only affect the currency of payment and that the government and central bank had one week to come up with a
Oil jumps in volatile trade amid CPC pipeline disruption
March 23, 2022
Yahoo Finance LONDON – Oil prices rose in volatile trading on Wednesday, supported by disruption to Russian and Kazakh crude exports via the CPC pipeline. Brent crude futures were up $5.16, or 4.5%, at $120.64 a barrel at 1335 GMT. Prices had earlier fallen to a low of $114.45. U.S. West Texas Intermediate (WTI) crude futures rose $4.83, or 4.4%,
TotalEnergies to stop buying Russian oil, funding arctic LNG
March 23, 2022
Yahoo Finance (Bloomberg) — TotalEnergies SE said it will stop buying Russian crude and diesel by the end of the year, becoming the latest energy giant to shun the country’s oil in protest against the invasion of Ukraine. The announcement marks a further effort to reduce financial flows to the regime of President Vladimir Putin as punishment for the attack
Russian oil refiners are cutting back production, Gunvor says
March 23, 2022
World Oil Bloomberg) — Russian refiners are trimming their output, threatening to exacerbate a European diesel market already in short supply, Gunvor Group Chief Executive Officer Torbjorn Tornqvist said. “This is a global problem but for Europe it’s very hard because Europe is so short” of diesel, Tornqvist said at the Financial Times Commodities Global Summit. Diesel is still flowing
U.S. crude oil inventories decrease by 2.5 million barrels
March 23, 2022
Weekly Crude Oil Storage as of March 18, 2022 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 2.5 million barrels from the previous week. At 413.4 million barrels, U.S. crude oil inventories are about 13% below the five year average for this time of year, according to the EIA crude oil and petroleum
Targa Resources Partners LP Announces Tender Offer for its 5.875% Senior Notes due 2026
March 23, 2022
HOUSTON, March 23, 2022 (GLOBE NEWSWIRE) — Targa Resources Partners LP (“Targa Reso…
Current Trends In Oilfield Services Market Size Estimated To Reach USD 364.76 Million by 2028: Says Vantage Market Research
March 23, 2022
WASHINGTON, March 23, 2022 (GLOBE NEWSWIRE) — According to a new market research report …
