Thursday, December 26, 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

Register to present at The Energy Venture Investment Summit, February 22–23, 2023

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 at www.theenergyventuresummit.com.  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.     EnerCom is now accepting

Traders are selling, but higher oil prices could be on the horizon- oil and gas 360

Traders are selling, but higher oil prices could be on the horizon

Oil Price Last week, we published one of the more bearish articles on the oil price outlook as reviewed by commodity analysts at Standard Chartered.   According to the analysts, their proprietary crude oil money-manager positioning index that compares net longs across the four main New York and London-based crude contracts relative to open interest and historical norms is currently more negative

Biden approves funding for carbon capture programs using enhanced oil recovery- oil and gas 360

Biden approves funding for carbon capture programs using enhanced oil recovery

World Oil (Bloomberg) —The Biden administration has reversed course on a carbon capture funding program to allow oil production following an intervention by senators including Joe Manchin and Kyrsten Sinema, handing a win to the fossil fuel industry. The Department of Energy announced $3.7 billion of funding to back projects that remove carbon dioxide from the atmosphere, which have long

Energy grid changes leave California and the Midwest vulnerable to blackouts- oil and gas 360

Energy grid changes leave California and the Midwest vulnerable to blackouts

Oil Price California and parts of the Midwest are at a high risk of electricity shortages in the coming years amid the transformation of their grid from one reliant on fossil fuels to one reliant on other sources of energy such as wind and solar.   The warning comes from the latest annual assessment of the grid by the North

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

U.S. rig count had a decrease of 4 this week, at 776

Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 4 over last week, resulting in a total count of 776 rigs. Canada had a decrease of3 over last week, resulting in a total Canadian count of 199 rigs. Breakdown by region Of the regions tracked by Baker Hughes, only Haynesville region experienced

BP invests millions in company that supplies ‘rapidly deployable’ solar tech- oil and gas 360

BP invests millions in company that supplies ‘rapidly deployable’ solar tech

CNBC BP said it is investing 20 million Australian dollars ($13.53 million) in Australian renewable company 5B, which specializes in solar technology.   The energy major said the investment in 5B — made via its subsidiary BP Ventures — wrapped up a Series B funding round of 55 million Australian dollars that had been co-led by Artesian and the AES