Suncor Energy Reports First Quarter 2022 Results
May 9, 2022
Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (C…
Suncor Energy Declares 12% Quarterly Dividend Increase to $0.47 per Common Share
May 9, 2022
All financial figures are in Canadian dollars. Calgary, Alberta–(Newsfile Corp. – May 9, 202…
Finning reports Q1 2022 results
May 9, 2022
VANCOUVER, British Columbia, May 09, 2022 (GLOBE NEWSWIRE) — Finning International Inc. (T…
Big Oil spends on investors, not output, prolonging crude crunch
May 9, 2022
World Oil (Bloomberg) — Big Oil is raking in historic amounts of cash, but the windfall isn’t being invested in new production to help displace Russian oil and gas. Instead, executives are rewarding shareholders — setting the world up for an even tighter energy market in the years ahead. The West’s five biggest oil companies together earned $36.6 billion over
GlobalData: Nigeria to account for 24% of oil and gas projects starting up in Africa by 2026
May 9, 2022
World Oil More than 100 oil and gas projects should commence operations in Nigeria during the next four years, accounting for more than 24% of the predicted total projects starts during that time, predicts GlobalData, a data and analytics company. GlobalData’s report, ‘Africa Oil and Gas Projects Analytics and Forecast by Project Type, Sector, Countries, Development Stage, Capacity and Cost,
EU plans one-year renewable energy permits for faster green shift
May 9, 2022
Yahoo Finance BRUSSELS – The European Union executive wants to speed up the bloc’s green transition and cut its reliance on Russian fuels by allowing some renewable energy projects to receive permits within a year, a draft document shows. Brussels will next week unveil a package of measures to end the European Union’s reliance on Russia, by boosting renewable energy,
SEC extends comment period for proposed rules on climate-related disclosures, reopens comment periods for proposed rules regarding private fund advisers and regulation ATS
May 9, 2022
SEC.gov At EnerCom Dallas, EnerCom hosted a panel discussion with Haynes Boone (legal), Moss Adams (accounting) and GeoPark (operator) about the SEC proposed environmental disclosure rules – Moss Adams – EnerCom Dallas. Sounds boring I know… but they cover the 500+-page rule document and likely implications on companies in less than an hour (and they made it not boring). This evolution
Exclusive: Biden sidelined global energy partners with record emergency oil release
May 9, 2022
Reuters The United States announced a record-sized release of emergency crude oil reserves in March without consulting partners in the International Energy Agency, leaving them scrambling to match with releases of their own, according to two sources familiar with the matter. Unilateral action by Washington to address global supply or price issues risks undermining the U.S. relationship with the IEA,
Energy secretary explains why feds are spending $2.5 billion on carbon capture
May 9, 2022
CNBC The U.S. Department of Energy announced on Thursday it was taking its first steps to disburse more than $2.3 billion for carbon capture technology included in Biden’s Bipartisan Infrastructure Law, which the president signed in November, for carbon capture technology. Carbon dioxide emissions are a result of burning fossil fuels and are a primary cause of anthropogenic climate change, and the amount
Oil prices fall, weighed down by dollar, China lockdowns
May 9, 2022
CNBC Oil prices slipped on Monday alongside equities and was weighed down by a strong dollar and demand concerns on the back of continued coronavirus lockdowns in China, the world top oil importer. Brent crude fell 2.3%, or $2.61, to $109.78 per barrel. U.S. West Texas Intermediate crude was at $106.87, for a loss of $2.88, or 2.6%. Both contracts have gained
Why Suncor Energy Stock Surged More than 10% in April
May 9, 2022
Shares of Canadian oil sands giant Suncor Energy (NYSE: SU) jumped 10.3% …
Ensign Energy Services Inc. Reports 2022 First Quarter Results
May 9, 2022
Ensign Energy Services Inc. Reports 2022 First Quarter Results Canada NewsWire …
