Monday, January 6, 2025
Analysis: The hardest part is yet to come for gas-hoarding Europe- oil and gas 360

Analysis: The hardest part is yet to come for gas-hoarding Europe

Nasdaq Europe faces a much tougher task to rebuild gas stocks next year compared with this winter, meaning energy bills are likely to stay high and governments could have to implement painful rationing measures they have so far avoided. Previously dominant, gas supplies from Russia have since late August been greatly reduced, meaning the task of refilling storage will be

LNG tanker orders soar 95% to hit a record high in 2022- oil and gas 360

LNG tanker orders soar 95% to hit a record high in 2022

Oil Price Europe’s rush to replace Russian gas and an expected years-long bull market for LNG supply and prices have also created a race for LNG carrier orders this year.   With 2022 nearly at its end, the global order book so far this year has numbered 170 LNG carriers, a surge of 95% compared to full-year 2021, per data

ROK Resources announces strategic Southeast Saskatchewan asset acquisition- oil and gas 360

ROK Resources announces strategic Southeast Saskatchewan asset acquisition

BOE Report REGINA, SK – ROK Resources Inc. (“ROK” or the “Company“) (TSXV:ROK) (TSXV:ROK.WT) is pleased to announce that it has entered into an Asset Exchange Agreement (the “Acquisition“) to acquire certain oil & gas assets (the “Assets“), currently producing approximately 1,500 boe/d (69% Liquids), in Southeast Saskatchewan from an Intermediate Energy Producer (“Intermediate Energy Producer“) in exchange for total consideration of:

Activist group demands more aggressive emission cuts from big oil- oil and gas 360

Activist group demands more aggressive emission cuts from big oil

Oil Price Follow This, an activist shareholder which has been calling for more aggressive emissions reductions for years, is increasing its pressure on Big Oil with resolutions calling for the biggest Western oil-producing companies to set targets to reduce absolute emissions by 2030. Shareholder activists from Follow This have called on the top oil supermajors to set Scope 3 emission

Oil rises as China recovery, U.S. buyback plan brighten outlook- oil and gas 360

Oil rises as China recovery, U.S. buyback plan brighten outlook

Nasdaq SINGAPORE – Oil rose on Monday as the prospect of demand recovery, led by China’s loosening of COVID-19 curbs and the United States’ decision to buy back oil for its state reserves, gained the upper hand over global recession fears.   Brent crude futures LCOc1 gained 74 cents, or 0.9%, to $79.78 a barrel by 0458 GMT while U.S. West Texas