Petroteq Announces New Subscription and Debt Conversion
August 26, 2022
SHERMAN OAKS, CA / ACCESSWIRE / August 26, 2022 / Petroteq Energy Inc. (” Petroteq ” or the …
Exclusive: Independence Contract Drilling at EnerCom Denver-The Energy Investment Conference
August 26, 2022
Independence Contract Drilling is a premium land drilling services provider. From our corporate headquarters in Houston, Texas, we develop and assemble our ShaleDriller® series rig design based on E&P operator feedback and field requirements. ShaleDrillers are designed for safe and efficient drilling operations on large, multi-well drilling locations. The ShaleDriller series rigs are AC programmable, energy efficient Dual-Fuel, and custom
Suncor Stock (TSX:SU): A Value Stock Worth Buying or a Value Trap?
August 26, 2022
Suncor Energy Inc. ( TSX:SU )( NYSE:SU ) is Canada’s leading integrated …
Exclusive: Parex Resources at EnerCom Denver-The Energy Investment Conference
August 26, 2022
Parex Resources, with over 10 years of experience is now the largest independent exploration and production company in Colombia. We are focused on delivering sustainable, conventional oil and gas production and growing our business over the long term. About EnerCom, Inc. Founded in 1994, EnerCom, Inc. is an internationally recognized management consultancy advising companies on Environmental, Social & Governance (ESG),
U.S. rig count had an increase of 3 this week, at 765
August 26, 2022
Oil and Gas 360 This week’s Baker Hughes rig count shows that U.S. had a decrease of 3 over last week, resulting in a total count of 765 rigs. Canada had no change over last week, resulting in a total Canadian count of 201 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Ardmore Woodford, the Haynesville,
U.S. shale on track for $200 billion year, could erase its debt by 2024
August 26, 2022
World Oil (Bloomberg) — U.S. shale producers are on course to make nearly $200 billion this year, enough to make the industry debt-free by 2024 and potentially fund a pivot toward more natural gas production, according to Deloitte LLP. High oil prices and disciplined capital spending mean American frackers are on course for their most profitable year on record, part
Oil prices down slightly while seeing signs of improving demand
August 26, 2022
BOE Report Oil prices were slightly down on Friday, but are seeing signs of improving fuel demand, although further gains were capped as the market awaited clues from the U.S. Federal Reserve chairman on the outlook for rate hikes in a speech later in the day. U.S. West Texas Intermediate (WTI) crude futures dropped 97 cents, or 1.04%, to
Laredo Oil Inc. (LRDC) Progressing Toward Drilling as 2023 Oil Demand Projected to Increase
August 26, 2022
OPEC releases “bullish” forecast for oil demand moving into 2023 Healthy …
U.S. says had constructive talks with India on Russian oil price cap plan
August 26, 2022
BOE Recorder NEW DELHI: The United States had constructive discussions with Indian officials on a proposal to cap prices of Russian oil, US Deputy Treasury Secretary Wally Adeyemo said on Friday, as it seeks global support for a proposal to cut Russian revenue. India and China have stepped up oil purchases from Russia after the Ukraine invasion at a discount
Texas to begin plugging 800 orphaned wells with $25 million of federal funding
August 26, 2022
World Oil WASHINGTON — The Department of the Interior announced that Texas has been awarded an initial grant of $25 million from the Infrastructure Investment and Jobs Act to begin work to plug, cap and reclaim orphaned oil and gas wells across the state. The state of Texas has indicated that it will utilize this funding to plug 800 documented wells, which were selected
