STEP Energy Services Ltd. Reports First Quarter 2022 Results
May 11, 2022
CALGARY, Alberta, May 11, 2022 (GLOBE NEWSWIRE) — STEP Energy Services Ltd. (the “C…
Birchcliff Energy Ltd. Announces Excellent Q1 2022 Results, Doubling of Quarterly Common Share Dividend for Q2 2022 and Plans to Increase Common Share Dividend in 2023
May 11, 2022
CALGARY, Alberta, May 11, 2022 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“ Birch…
Big Oil braces for shareholder revolt over climate plans in proxy voting season
May 11, 2022
CNBC LONDON — Some of the world’s largest corporate emitters face the prospect of a shareholder rebellion this month, with climate-related votes poised to spike throughout the proxy season. Oil and gas majors on both sides of the Atlantic are scheduled to hold their annual general meetings in the coming weeks. Existing climate strategies are up for votes alongside a
EU drafts $205 billion plan to wean itself off Russian fuels
May 11, 2022
World Oil (Bloomberg) — The European Union’s executive arm is set to bolster renewables and energy savings goals as part of a 195 billion-euro ($205 billion) plan to end its dependency on Russian fossil fuels by 2027. The European Commission will propose raising its clean energy target for 2030 to 45% from the current 40% when it puts forward a
U.S. to kick off latest offshore wind auction for Carolina coast
May 11, 2022
Reuters The Biden administration on Wednesday will hold a wind energy auction for two areas off the coast of North and South Carolina, its second such offering this year. The sale is part of the government’s broad push to put wind turbines in federal waters along every U.S. coastline and comes on the heels of a record February wind auction
2 UNDERVALUED TSX Energy Stocks to Buy Right Now
May 11, 2022
It is still not late to get on board the energy rally. Higher crude oil prices should conti…
UAE, Saudi energy ministers hit back at ‘NOPEC’ bill, say it could send oil prices surging
May 11, 2022
CNBC Top OPEC ministers have hit back at new U.S. legislation intended to regulate its output, saying such efforts would bring greater chaos to energy markets. UAE Energy Minister Suhail Al Mazrouei told CNBC Tuesday that OPEC was being unfairly targeted over the energy crisis, and moves by U.S. lawmakers to disrupt its established system of production could see oil
TFSA Passive Income: 2 Steady Dividend Stocks for Retirees
May 11, 2022
Retirees want to get decent dividend income from their investments, but balancing high yiel…
Cummins’ Destination Zero Strategy Comes to Life at Clean Transportation Expo
May 11, 2022
–News Direct– Cummins Inc.’s Destination Zero strategy to reduce greenhouse ga…
GPA Midstream Is Clearing the Air With New Campaign
May 11, 2022
GPA Midstream Is Clearing the Air With New Campaign PR Newswire TULSA…
U.S. crude oil inventories increase by 8.5 million barrels
May 11, 2022
Weekly Crude Oil Storage as of May 6, 2022 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 8.5 million barrels from the previous week. At 424.2 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
Here’s Why I’m Buying Suncor (TSX:SU) Post-Earnings
May 11, 2022
Suncor (TSX:SU) (NYSE:SU) is an integrated energy giant that specializes in…
