Acceleware Ltd. Reports First Quarter 2022 Financial and Operating Results
May 26, 2022
CALGARY, Alberta, May 26, 2022 (GLOBE NEWSWIRE) — Acceleware ® Ltd. (“Acce…
OPEC+ set to stick to modest output hike for July, sources say
May 26, 2022
Reuters ONDON/DUBAI: OPEC+ is set to stick to an oil production deal agreed last year at its meeting on June 2 and raise July output targets by 432,000 barrels per day, six OPEC+ sources told Reuters, rebuffing Western calls for a faster increase to lower surging prices. Western nations, grappling with record inflation rates that are threatening economic growth, have
API: FERC policy changes would cause uncertainty and hamper LNG export, reliability goals
May 26, 2022
World Oil The American Petroleum Institute (API) filed reply comments to the Federal Energy Regulatory Commission (FERC) addressing the assertions of other commenters and continuing to express concerns that the commission’s two revised policy statements would chill investment in critical natural gas infrastructure. Increasing regulatory uncertainty and permitting delays, these policy changes directly conflict with FERC’s mandate to ensure a
Oil jumps 3% to 2-month high as EU seeks to ban Russian crude
May 26, 2022
US News NEW YORK – Oil prices rose about 3% to a two-month high on Thursday on signs of tight supply ahead of U.S. summer driving season, as the European Union (EU) wrangled with Hungary over plans to ban crude imports from Russia over its invasion of Ukraine. Brent futures for July delivery rose $3.21, or 2.8%, to $117.24 a
Netherland, Sewell & Associates, Inc. announces executive management changes
May 26, 2022
Oil and Gas 360 DALLAS, TEXAS, USA, May 25, 2022 /EINPresswire.com/ — Netherland, Sewell & Associates, Inc. (NSAI), a leading oil and gas consulting firm, has announced the promotion of Richard B. Talley, Jr. to Chief Executive Officer and the promotion of Eric J. Stevens to President and Chief Operating Officer effective June 1, 2022. Current Chairman and CEO C.H.
Energy chief says Canada could send gas to Europe within 3 years
May 26, 2022
World Oil (Bloomberg) — Canada’s top energy official said Prime Minister Justin Trudeau’s government is open to accelerating a liquefied natural gas project that could start supplying Europe in as soon as three years. Natural Resources Minister Jonathan Wilkinson told Bloomberg News the fastest way to help “our European friends” would be for Spain’s Repsol SA to convert an existing
Which Is the Better Pick: Suncor (TSX:SU) or 1 Big Bank?
May 26, 2022
The TSX’s energy and banking sectors are both heavyweights. However, the former is o…
Texas LNG appoints Technip Energies-Samsung Engineering joint venture as lead project contractor
May 26, 2022
World Oil Texas LNG Brownsville, a four million tons per annum (MTPA) liquefied natural gas (LNG) export terminal to be constructed in the Port of Brownsville, Texas, owned by Glenfarne Group, has executed an agreement with Technip Energies USA and Samsung Engineering Co to lead the delivery of the facility via a joint venture. Technip Energies, a technology and global
Weekly Gas Storage: Inventories increase by 80 Bcf
May 26, 2022
Natural Gas Inventories as of May 20, 2022 The EIA has released its natural gas inventory report, showing a net increase of 80 Bcf as of May 20 2022. Working gas in storage was 1,812 Bcf as of Friday, May 20, 2022, according to EIA estimates. This represents a net increase of 80 Bcf from the previous week. Stocks were
