Oil vs. Gold Stocks: Which Should You Buy Now?
April 8, 2022
Global stock markets are uncertain, as the geopolitical tensions from the Russia-Ukraine wa…
Chesapeake Energy at EnerCom Dallas keynote address presents pragmatic path forward for fossil fuels industry
April 8, 2022
Publisher’s Note: We were honored to host Chesapeake Energy CEO Nick Dell’Osso for EnerCom Dallas’ Day 1 keynote address on Wednesday April 6th. Mr. Dell’Osso provided a compelling and detailed presentation on the challenging supply-demand outlook for global energy markets. The presentation was informative and timely, given the recent surge in commodity prices, heated political rhetoric on the topic, and the
Biden’s hydrogen hub plan sparks $8 billion race among U.S. states
April 8, 2022
World Oil (Bloomberg) — A hydrogen economy that runs factories and power plants on the clean-burning fuel may be years down the road, but that hasn’t stopped U.S. states from jockeying for a share of the $8 billion in federal funds earmarked for so-called hydrogen hubs. President Joe Biden’s bipartisan infrastructure plan, which became law in November, includes funding to build at least four hydrogen hubs—places where the
Chevron, union negotiators to meet over California oil refinery strike
April 8, 2022
Nasdaq HOUSTON, April 8 – Negotiators from Chevron Corp CVX.N and the United Steelworkers union (USW) are scheduled to meet on Monday to discuss a possible end to a strike at the company’s oil refinery in Richmond, California, spokespeople for both sides said. The talks will be the first face-to-face meeting in nearly two weeks between Chevron and USW Local 12-5.
GlobalData: U.S. shale production should stay robust following strong 2021 recovery
April 8, 2022
World Oil Crude oil production in the U.S. has recovered considerably from the lows seen during the first wave of the COVID-19 pandemic and the brief price war between Saudi Arabia and Russia, says GlobalData, a data and analytics company. The country produced approximately 11.5 million barrels per day (MMbpd) of crude oil in February 2022, a 19% gain over
API to Washington: Turn the page and embrace American natural gas and oil
April 8, 2022
World Oil During World War II, 44 oilfield workers left their homes in rural Oklahoma to lend a hand abroad. Secretly summoned by Winston Churchill to Sherwood Forest in fuel-deprived England, these men worked to drill 100 oil wells in crisis. Historians say the fuel derived from the dig helped the right side win the war and underscored America’s energy leadership.
U.S. rig count had an increase of 16 this week, at 689
April 8, 2022
Oil and Gas 360 This week’s Baker Hughes rig count shows that U.S. had an increase of 16 over last week, resulting in a total count of 689 rigs. Canada had a decrease of 13 over last week, resulting in a total Canadian count of 111 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the DJ-Niobrara, the
Oil prices set for weekly fall on stockpile releases
April 8, 2022
Yahoo Finance HOUSTON – Oil prices were stable on Friday in choppy trading but remained on course for a second weekly fall after countries announced plans to release crude from their strategic stocks. Brent crude futures were up 7 cents, or 0.08%, at $100.67 a barrel by 10:41 a.m ET (1442 GMT). U.S. West Texas Intermediate (WTI) crude futures rose
