Saturday, August 31, 2024
EnerCom and Colorado School of Mines to host The Energy Venture Investment Summit 2023, February 22–23, 2023 on campus in Golden, Colorado- oil and gas 360

Presenting company applications now being accepted for The Energy Venture Investment Summit 2023 presented by EnerCom and Colorado School of Mines

Oil and Gas 360 The Energy Venture Investment Summit brings entrepreneurs and energy investors together to share innovative ideas and provide capital to companies that will shape the future of energy. Presenting Company Applications Now Being Accepted for The Energy Venture Investment Summit 2023 presented by EnerCom and Colorado School of Mines at www.theenergyventuresummit.com.        EnerCom is now

PureWest grows market for certified gas through partnership with EarnDLT and Project Canary to tokenize verifiable environmental attributes- oil and gas 360

PureWest grows market for certified gas through partnership with EarnDLT and Project Canary to tokenize verifiable environmental attributes

Oil and Gas 360 DENVER, Nov. 15, 2022 /PRNewswire/ — PureWest Energy, LLC (“PureWest”), an independent natural gas company based in Wyoming’s Green River Basin, today announced a first-of-its-kind collaboration with EarnDLT (“Earn”) and Project Canary.   This partnership will transform verifiable low-methane emissions data attributes associated with PureWest’s gas production and other environmental attributes from Project Canary into digital tokens stored on the blockchain

As pipelines fill, natural gas flaring set to rebound in Permian Basin- oil and gas 360

As pipelines fill, natural gas flaring set to rebound in Permian Basin

World Oil (Bloomberg) – Operators in America’s biggest shale oil basin are set to significantly increase the amount of natural gas they burn into the atmosphere because of a lack of pipeline capacity to ship it elsewhere, according to Rystad Energy. Permian Basin gas production has rebounded more quickly than oil since the pandemic, leaving pipelines effectively maxed out. It

New LNG supplies from US to Europe will take two more years- oil and gas 360

New LNG supplies from US to Europe will take two more years

World Oil (Bloomberg) – It’s been eight months since Russia invaded Ukraine, sending global commodity prices soaring and forcing energy-ravenous countries into a mad competitive dash to secure new fuel sources ahead of winter.   While the US filled some of the supply gap by exporting huge quantities of liquefied natural gas from its seven plants, global markets are going

White House considers curbs on fuel exports amid diesel squeeze- oil and gas 360

White House considers curbs on fuel exports amid diesel squeeze

Oil Price President Biden may order fuel distributors to keep greater inventories at home in a bid to ensure an adequate supply of heating oil for the Northeast, Energy Secretary Jennifer Granholm has said, as quoted by Bloomberg.   The reason is a looming shortage of diesel and heating oil, especially in the Northeast, which the White House is worried may compromise

Heavy crude discount narrows despite Keystone curtailment- oil and gas 360

Heavy crude discount narrows despite Keystone curtailment

BOE Report Western Canada Select (WCS) crude’s discount to the benchmark West Texas Intermediate (WTI) narrowed slightly on Tuesday.   WCS heavy blend crude for December delivery in Hardisty, Alberta, settled at $28.60 barrel under WTI, according to NE2 Inc, narrowing around 25 cents from the previous session. TC Energy said its 622,000 barrel-per-day Keystone oil pipeline will curtail volumes due

WTI jumps on large draw in crude inventories- oil and gas 360

WTI jumps on large draw in crude inventories

Oil Price The American Petroleum Institute (API) reported a large draw this week for crude oil of 5.835 million barrels—more than undoing last week’s build.   U.S. crude inventories have grown by roughly 25 million barrels so far this year, according to API data, but U.S. Strategic Petroleum Reserves fell by more than eight times that figure, at 201 million

U.S. crude oil inventories increase by 1.4 million barrels- oil and gas 360

U.S. crude oil inventories decrease by 5.4 million barrels

Weekly Crude Oil Storage as of November 11, 2022     U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 5.4 million barrels from the previous week.  At 435.4 million barrels, U.S. crude oil inventories are about 4% below the five year average for this time of year, according to the EIA crude oil and

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