Sunday, February 23, 2025
EnerCom Denver - The Energy Investment Conference August 7-10, 2022 puts spotlight on oil and gas companies from US, Canada, South America and Africa- oil and gas 360

EnerCom Denver – The Energy Investment Conference Hosted in Denver, August 7-10, 2022 is almost here!

Publisher’s Note: EnerCom Denver is almost here; you can still register to attend. Lunch Keynote Presentations Feature BPX Energy, Vivek Ramaswamy with Strive Asset Management and Petrie Partners. Panels include discussions on Capital Allocation, Responsibly Sourced Gas, Private Capital, Carbon Capture, Renewable Natural Gas, ESG, Private Companies and Commodity Market Outlook  Please register and schedule your one-on-one meetings for EnerCom Denver.

Oil mixed as U.S. gasoline demand rebounds but recessionary fears loom- oil and gas 360

Oil mixed as U.S. gasoline demand rebounds but recessionary fears loom

US News NEW YORK – Oil prices were mixed on Thursday, as concerns about a potential global recession that would knock energy demand offset lower crude inventories and a rebound in U.S. gasoline consumption. Brent crude futures rose 28 cents to $106.90 a barrel by 1:17 p.m. EDT (1716 GMT), after gaining $2.22 on Wednesday. U.S. West Texas Intermediate crude

Shell, Total continue buyback bonanza after record profits- oil and gas 360

Shell, Total continue buyback bonanza after record profits

Yahoo Finance LONDON – Europe’s biggest oil companies Shell and TotalEnergies extended share buybacks on Thursday after their second-quarter profits beat an already record-breaking previous quarter on the back of soaring crude, gas and oil product prices. The two companies combined are buying back $8 billion in shares in the third quarter after recording their respective highest quarterly profits while

OPEC+ to weigh holding oil output steady or small hike, sources say- oil and gas 360

OPEC+ to weigh holding oil output steady or small hike, sources say

Yahoo Finance LONDON – OPEC and its allies will consider keeping oil output unchanged for September when they meet next week, despite calls from the United States for more supply, although a modest output increase is also likely to be discussed, eight sources said. The Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, collectively known as

U.S. Energy Dept eyes $165 mln investment in geothermal, oil and gas group- oil and gas 360

U.S. Energy Dept eyes $165 mln investment in geothermal, oil and gas group

Nasdaq The U.S. Department of Energy is planning up to a $165 million new investment in a geothermal power initiative that would utilize expertise from the oil and gas industry to unlock energy resources and move away from fossil fuels. Geothermal energy, which taps into heat within the earth, currently makes up less than 1% of the U.S. energy mix.

Baker Hughes acquiring artificial lift, oil field solutions provider AccessESP- oil and gas 360

Baker Hughes acquiring artificial lift, oil field solutions provider AccessESP

World Oil HOUSTON – Baker Hughes has announced it is acquiring AccessESP, a provider of advanced technology for artificial lift solutions, to further transform core oil and gas operations by reducing costs and downtime for operators.   AccessESP’s “GoRigless ESP System” provides proprietary solutions that enable an electrical submersible pump (ESP) to be deployed and retrieved with conventional, light-duty intervention equipment

Weekly Gas Storage: Inventories decrease by 40 Bcf- oil and gas 360

Weekly Gas Storage: Inventories increase by 15 Bcf

Natural Gas Inventories as of July 22, 2022 The EIA has released its natural gas inventory report, showing a net increase of 15 Bcf as of July 22, 2022. Working gas in storage was 2,416 Bcf as of Friday, July 22, 2022, according to EIA estimates. This represents a net increase of 15 Bcf from the previous week. Stocks were