Petroteq Announces Agreements to Reprice Previously Announced Debt Conversions
June 29, 2022
SHERMAN OAKS, CA / ACCESSWIRE / June 29, 2022 / Petroteq Energy Inc. (” Petroteq ” or the ” …
MEG Energy announces operational update, continued debt repayment, inaugural share repurchases and renewal of credit facilities
June 29, 2022
MEG Energy announces operational update, continued debt repayment, inaugural share repurc…
EnerCom announces preliminary presentation times and schedule for participating companies at EnerCom Denver – The Energy Investment Conference hosted in Denver, August 7-10, 2022
June 29, 2022
Registration is Open Now for EnerCom Denver with One-on-One Meeting Requests Opening for Qualified Investors on July 1st DENVER, June 28, 2022 /PRNewswire/ — EnerCom, Inc. announced today that it has published the preliminary presentation times and schedule for presenting companies at EnerCom Denver – The Energy Investment Conference on the conference website at www.enercomdenver.com and that qualified investors that have registered for the conference
Why Are Oil Stocks Down Today?
June 29, 2022
InvestorPlace – Stock Market News, Stock Advice & Trading Tips Oil stocks are under pr…
Offshore wind industry growth falling short of net zero goals
June 29, 2022
Nasdaq The global offshore wind industry had a record year in 2021 in terms of new capacity but is still projected to fall short of the International Energy Agency’s net zero goals by 2030, a Global Wind Energy Council (GWEC) report said on Wednesday. More giant offshore turbines were installed in 2021 than in any previous year, with 21.1 gigawatts
Texas proposes rules to ready natgas industry for weather emergencies
June 29, 2022
Reuters The Texas Railroad Commission, which oversees the state’s oil and natural gas industries, approved a proposed weatherization rule to help protect Texans during emergencies that could occur any time of the year. The proposed rule is the latest in a series of regulations to avoid another energy emergency like the 2021 February freeze that left millions of Texans without
Shell to sign deal with Qatar for large LNG project
June 29, 2022
World Oil (Bloomberg) — Shell Plc is set to follow other Western energy majors by taking a stake in a $29 billion project to boost Qatar’s exports of liquefied natural gas, just as Europe races to shore up new supplies of the fuel. The London-based company will probably announce its partnership with state-controlled Qatar Energy in Doha on Tuesday,
Europe’s plans to replace Russian gas are deemed ‘wildly optimistic’ — and could hammer its economy
June 29, 2022
CNBC The European Union’s best shot at replacing Russian gas imports this year is likely to miss the mark, analysts predict, exerting further pressure on the region’s economy. The EU plans to replace two-thirds of Russian gas imports by the end of the year, as Russia’s war in Ukraine continues to wage on. The shift away from the country’s
OPEC half a billion barrels behind on oil supply deal
June 29, 2022
World Oil (Bloomberg) — OPEC+ is more than half a billion barrels behind on its pledge to supply world markets with oil, exacerbating concerns about the group’s ability to balance the global market. In May 2020, the Organization of Petroleum Exporting Countries and allies joined forces to coordinate production cuts aimed at re-balancing the global oil market. Since then,
U.S. crude oil inventories decrease by 2.8 million barrels
June 29, 2022
Weekly Crude Oil Storage as of June 24, 2022 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 2.8 million barrels from the previous week. At 415.6 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
Whitecap Resources Inc. acquires XTO Energy Canada in an all-cash transaction and increases dividend by 22%
June 29, 2022
Oil and Gas 360 CALGARY, AB, June 28, 2022 /CNW/ – Whitecap Resources Inc. (“Whitecap” or the “Company”) (TSX: WCP) is pleased to announce it has entered into a purchase and sale agreement to acquire XTO Energy Canada for total cash consideration of approximately $1.9 billion and the assumption of estimated positive working capital on closing for a net purchase price of $1.7 billion (the “Acquisition”). The Acquisition is expected to
Triad Pro Innovators Enters into a Sales MOU to Provide Frontier Power Products 200 Patent Pending Electrical Storage Cells
June 29, 2022
TPII and Frontier Power Products to enter into long-term distribution contract on, or before…
