Targa Resources Corp. Announces Quarterly Dividend and Timing of Fourth Quarter 2022 Earnings Webcast
January 19, 2023
HOUSTON, Jan. 19, 2023 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Co…
WesCan Energy Announces Production Update of New Well at Provost
January 19, 2023
Calgary, Alberta–(Newsfile Corp. – January 19, 2023) – WesCan Energy Corp. (TSXV: WCE) (” WesCan…
Parkit Announces Grant of Options
January 19, 2023
Toronto, Ontario–(Newsfile Corp. – January 19, 2023) – Parkit Enterprise Inc. (TSXV: PKT…
Why 2023 will be another strong year for the oil industry
January 19, 2023
Oil Price Last year was a good year for the oil industry. Despite predictions of its looming demise as renewable energy leads to electrification that in turn leads to the death of oil, fossil fuels were the stars of the year, with demand for all, including coal, notably rising. Meanwhile, opposition to Big Oil grew louder and protests turned more
Hemisphere Energy Named to 2023 OTCQX Best 50
January 19, 2023
Vancouver, British Columbia–(Newsfile Corp. – January 19, 2023) – Hemisphere Energy Corporation …
Oil prices rise more than $1 per barrel on Chinese demand hopes
January 19, 2023
Investing BENGALURU – Oil prices rose by more than a dollar per barrel on Thursday, resuming a recent rally built around rising Chinese demand, while the market wrote off a second straight week of large builds in U.S. crude inventories. Brent crude futures were up $1.26, or 1.5%, to $86.24 a barrel at 1:20 p.m. EST (1820 GMT), and U.S. West Texas
Russia sees oil production, exports holding steady
January 19, 2023
Jan. 19 (UPI) — Despite Western sanctions meant to limit what the Kremlin can put into its war…
World oil demand hit a 9-month high in November
January 19, 2023
Oil Price Solid demand in China, India, and Japan lifted global oil demand by 1.7 million barrels per day (bpd) in November to the highest level since February 2022, new data from the Joint Organizations Data Initiative (JODI) showed on Thursday. China’s oil demand rebounded by almost 1 million bpd in November compared to October, while Chinese crude oil imports surged to
Wilton Resources Inc. Announces Closing of Private Placement Financing
January 19, 2023
Calgary, Alberta–(Newsfile Corp. – January 19, 2023) – Wilton Resources Inc. (TSXV: WIL)&#…
U.S. natgas futures hold near 18-month low ahead of storage report
January 19, 2023
BOE Report U.S. natural gas futures held near an 18-month low on Thursday as the market waits for direction from a federal report expected to show last week’s storage withdrawal was much smaller than usual because the weather then was warmer than normal, keeping heating demand low. That lack of price movement came despite bullish forecasts for colder weather and
Chesapeake Energy Corporation announces sale of initial Eagle Ford package for $1.425 billion
January 19, 2023
Oil and Gas 360 OKLAHOMA CITY, Jan. 18, 2023 /PRNewswire/ — Chesapeake Energy Corporation (NASDAQ:CHK) today announced that it has entered into an agreement to sell the Brazos Valley region of its Eagle Ford asset to WildFire Energy I LLC for $1.425 billion. “Today marks an important step on our path to exiting the Eagle Ford as we focus our capital on
U.S. crude oil inventories increase by 8.4 million barrels
January 19, 2023
Weekly Crude Oil Storage as of January 13, 2023 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 8.4 million barrels from the previous week. At 448.0 million barrels, U.S. crude oil inventories are about 3% above the five year average for this time of year, according to the EIA crude oil and
