September 16, 2022 – Oil & Gas 360

Exclusive: Factset at EnerCom Denver-The Energy Investment Conference

September 16, 2022

FactSet (NYSE:FDS | NASDAQ:FDS) delivers superior content, analytics, and flexible technology to help more than 170,000 users see and seize opportunity sooner. We give investment professionals the edge to outperform with informed insights, workflow solutions across the portfolio lifecycle, and industry-leading support from dedicated specialists. We’re proud to have been recognized with multiple awards for our analytical and data-driven solutions,

Exclusive: Empire Petroleum Corporation at EnerCom Denver-The Energy Investment Conference

September 16, 2022

Empire Petroleum Corporation is a hybrid oil and natural gas producer with both conventional and horizontal production. The company owns and operates long life, low operational cost, mature, producing assets in the Permian Basin, Bakken and central Gulf Coast region, in the states of Texas, New Mexico, North Dakota, Montana and Louisiana. The primary goals of the company are to

Oil exports from Iraq’s Basra Port stop—repair could take weeks

September 16, 2022

Oil Price An oil spill has forced a shutdown of all crude oil exports from Iraq’s Basra Port, oil sector sources said on Friday, cited by Reuters. With four tanker berths, the Basra oil terminal can process 3.3 million barrels of crude oil per day, although the country had plans to raise this capacity to 3.45 million barrels per

Analysis: Lower oil prices defy robust forecasts for global demand

September 16, 2022

Yahoo Finance LONDON – Oil prices have tumbled by around a quarter in the past three months, largely due to fears of a prolonged slump in global energy demand. But no major forecaster is actually predicting one. Two of the most closely followed predictors of global oil demand, the Organization of the Petroleum Exporting Countries (OPEC) and the International Energy

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count had an increase of 4 this week, at 763

September 16, 2022

Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had an increase of 4 over last week, resulting in a total count of 763 rigs. Canada had an increase of 6 over last week, resulting in a total Canadian count of 211 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Cana Woodford,

Saudi Arabia and Russia both want $100 oil

September 16, 2022

Oil Price OPEC+ heavyweights Saudi Arabia and Russia, with their +11 million bpd quotas, are looking at $100 oil as a fair price good for all, anonymous Reuters sources familiar with both Russian and Saudi Arabian government thinking said. Russia and Saudi Arabia, who together make up more than half of OPEC+’s total quota, are widely considered the leaders of

Kinetik and WaterBridge to join the Permian Strategic Partnership

September 16, 2022

World Oil The Permian Strategic Partnership (PSP) announced today the addition of two new companies, Kinetik and WaterBridge Resources, bringing its member company count to 19. “We are thrilled to welcome Kinetik, WaterBridge and their respective board members Matt Wall and Jason Long to our team,” said Tracee Bentley, President and CEO of the PSP. “These companies bring tremendous talent and passion for the Permian

Russia could find new markets for half the oil the EU won’t buy`

September 16, 2022

World Oil (Bloomberg) — Russia could find new markets for about half of the crude exports that will be banned by the European Union from December, according to energy-data firm Kpler. Indonesia, Pakistan, Brazil, South Africa, Sri Lanka and some countries in the Middle East could together buy as much as 1 million barrels a day of crude

The 3 Biggest Canadian Energy Stocks in the Correction Zone

September 16, 2022

TSX energy stocks have been down since June, thanks to depressing oil prices. However, ener…

Premium Content