August 24, 2022 – Oil & Gas 360

European natural gas crisis presents a significant opportunity for Horizon Energy Global Corporation’s world class exploration prospects

August 24, 2022

Oil and Gas 360 By: Larry Busnardo, EnerCom There is growing concern that the natural gas crisis unfolding across Europe will intensify as the Russia Ukraine conflict enters its seventh month. The situation is being exacerbated by a combination of increased demand as countries are lifting COVID-19 restrictions and declining natural gas supplies due to the lack of investment by

Little-Known Ways to Earn an Additional $50 a Month (From Dividends)

August 24, 2022

The Canadian economy is facing a tough time. Although inflation started easing in July …

Exclusive: Mobius Risk Group at EnerCom Denver-The Energy Investment Conference

August 24, 2022

Mobius Risk Group is an independent commodity and physical energy risk advisory firm. Founded in 2002, Mobius provides strategic advisory services including financial, physical, and commodity risk management and valuation, carbon strategy development, and regulated energy oversight for producers, consumers, distributors and capital providers backed by its proprietary C/ETRM, RiskNet. About EnerCom, Inc. Founded in 1994, EnerCom, Inc. is an

Exclusive: PetroTal at EnerCom Denver-The Energy Investment Conference

August 24, 2022

PetroTal is a publicly-traded oil and gas development and production company domiciled in Calgary, Alberta, focused on the development of oil assets in Peru. The Company’s management team has significant experience in developing oil fields in Northern Peru and is led by an independent Board of Directors that is focused on safely and cost effectively developing and exploiting the Bretaña

Drilling automation streamlines operations, improves safety

August 24, 2022

World Oil Digitalization is changing the face of drilling, allowing rig owners to improve performance and reducing operational costs for operators. The value of this transformation is evident but making the most of it requires an investment that not every company has the resources to make. Nabors has developed technology that not only enhances the performance of its own fleet but also

Israel: Nuclear deal would give Iran $100 billion to destabilise region

August 24, 2022

Yahoo News JERUSALEM – A new nuclear deal between world powers and Iran would allow other nations to avoid sanctions and give Teheran $100 billion a year to destabilise the Middle East, Israeli Prime Minister Yair Lapid said on Wednesday. The United States aims to respond soon to a draft accord proposed by the European Union that would restore the

Brent oil holds above $100 a barrel on potential OPEC cuts

August 24, 2022

US News Benchmark Brent oil climbed above $100 a barrel on Wednesday after Saudi Arabia suggested this week that OPEC could consider cutting output in response to poor liquidity in the crude futures market and fears about a global economic downturn. Brent crude for October settlement traded up $1.07, or 1.1%, at $101.29 a barrel by 1158 GMT. U.S. crude

U.S. crude oil inventories increase by 0.5 million barrels- oil and gas 360

U.S. crude oil inventories decrease by 3.3 million barrels

August 24, 2022

Weekly Crude Oil Storage as of August 19, 2022 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 3.3 million barrels from the previous week. At 421.7 million barrels, U.S. crude oil inventories are about 6% below the five year average for this time of year, according to the EIA crude oil and petroleum

Saudi Arabia’s oil export earnings hit a 6-year high in June

August 24, 2022

World Oil (Bloomberg) — Saudi Arabia’s oil exports reached $31 billion in June, the highest in at least six years, driven by a rally in prices and rising production. Monthly crude exports topped more than $1 billion a day and jumped 94% year-on-year, the kingdom’s statistics office said on Wednesday. Second-quarter oil exports were more than $91 billion, or

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