World Oil Publisher’s Note: With European markets becoming increasingly interested in LNG cargos sourced from U.S. shale, European capital markets should also take note. North American operators are addressing their ESG objectives and messaging head on, as was evident at our EnerCom Dallas conference hosted last week. One of the highlights of the event was a presentation from Chesapeake Energy
World Oil (Bloomberg) — Canada’s banks have only just started on the path toward zeroing-out the carbon emissions of the companies they lend to, and already they’re running into conflicts between what climate activists and ESG investors want and what Canada’s oil-dependent economy demands of them. Fossil-fuel lending is a tiny part of the loan businesses for many banks outside
Nasdaq LONDON – Portfolio investors sold petroleum last week as a slowing economy in China and Europe and a massive release of strategic stocks by the United States outweighed concerns about the disruption of exports from Russia. Hedge funds and other money managers sold the equivalent of 11 million barrels in the six most important petroleum-related futures and options contracts
Nasdaq LUXEMBOURG – The European Union’s executive is drafting proposals for an EU oil embargo on Russia, the foreign ministers of Ireland, Lithuania and the Netherlands said on Monday, although there is still no agreement to ban Russian crude. “They are now working on ensuring that oil is part of the next sanctions package,” Irish Foreign Minister Simon Coveney said
Suncor (TSX:SU) (NYSE:SU) is a leading integrated Canadian energy company. Of c…
Nasdaq The Biden administration is selling a record amount of emergency oil from national reserves to tame soaring U.S. fuel prices as quickly as possible, but the plan could backfire down the road if the stockpile is not replenished quickly. President Joe Biden on March 31 announced the United States would sell 180 million barrels of crude from the Strategic
Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF) is an oil company focused on…
CNBC Oil prices slid Monday, accelerating two straight weeks of declines as lockdowns in China sparked demand fears. International benchmark Brent crude declined 3.9%, or $4.02, to trade at $98.72 per barrel. West Texas Intermediate crude futures, the U.S. oil benchmark, shed $3.95, or 4%, to trade at $94.33 per barrel. “The spread of Covid in China is the most bearish item
SHERMAN OAKS, CA / ACCESSWIRE / April 11, 2022 / Petroteq Energy Inc. (” Petroteq ” or the “…
Yahoo Finance BRUSSELS – European Union officials will hold talks in Vienna with OPEC representatives on Monday amid calls for the producer group to increase output and as the EU considers potential sanctions on Russian oil. OPEC has resisted calls by the United States and the International Energy Agency to pump more crude to cool prices which reached a 14-year
Oil stocks are surging to greater heights, as significant unrest surrounding oil-rich count…
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