Oil Price Barclays lowered on Friday its Brent Crude price forecast for this year and next due to expected slowing growth in oil demand. The UK bank—which slashed in August its Brent oil price forecast to $103 per barrel for 2022 and 2023, down from $111 a barrel—is now cutting its Brent forecast by $3 per barrel for 2022 and by
Suncor Energy Inc. ( TSX:SU )( NYSE:SU ) is one of Canada’s biggest and …
Investing WASHINGTON – The U.S. Energy Department on Thursday announced $36 million for projects addressing toxic waste expected to come from a new generation of nuclear reactors, plants the Biden administration sees as a crucial to fight climate change. The 11 projects, funded through the department’s ARPA-E program supporting energy research into high risk, but potentially transformational projects, aim
Oil and Gas 360 DENVER, Oct. 20, 2022 /PRNewswire/ — Jonah Energy LLC (“Jonah”), one of the leading sustainable natural gas producers in the U.S., has successfully closed its inaugural securitized financing transaction. The transaction comprised the offering by an affiliate of Jonah of $750 million fully amortizing notes backed by a portion of Jonah’s producing assets. The offering was a combination of $275
Calgary, Alberta–(Newsfile Corp. – October 21, 2022) – Acceleware Ltd. (TSXV: AXE) will be …
Inflation: it’s the thorn in many retirees’ sides. While working Canadians ca…
Oil Price The world’s largest oilfield services provider Schlumberger (NYSE: SLB), reported on Friday third-quarter earnings beating analyst estimates, thanks to accelerating international drilling activity on top of already robust activity in North America. Schlumberger reported earnings per share (EPS), excluding charges and credits, of $0.63 for the third quarter, up by 26% sequentially and 75% year on year. The earnings
Oct. 21 (UPI) — The U.S. government said it would put substantial acreage in its terri…
Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had an increase of 2 over last week, resulting in a total count of 771 rigs. Canada had a decrease of 6 over last week, resulting in a total Canadian count of 210 rigs. Breakdown by region Of the regions tracked by Baker Hughes, only the DJ-Niobrara
BOE Report U.S. natural gas futures dropped about 6% to a seven-month low on Friday, pressured by forecasts for mild weather, record output and low liquefied natural gas (LNG) exports that have allowed utilities to inject more gas into storage than usual ahead of winter. That put gas futures on track to drop for the ninth straight week for
Piedmont Natural Gas offers ways to help lower natural gas bill this winter PR …
When the market drops, some of the best long-term investments go along for the ride. This i…
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