Toronto, Ontario–(Newsfile Corp. – March 1, 2023) – CGX Energy Inc. (TSXV: OYL) (” CGX ” or…
CALGARY, Alberta, March 01, 2023 (GLOBE NEWSWIRE) — STEP Energy Services Ltd. (the “Compa…
Tamarack Valley Energy Announces Year-End 2022 Reserves & Financial Results and Provides Oper…
USD Partners LP (NYSE: USDP) (the “Partnership”) announced today its operating and …
Full year 2022 production increased 26% year-over-year; oil production increased 80% Over…
CWC ENERGY SERVICES CORP. ANNOUNCES RECORD FOURTH QUARTER AND YEAR END 2022 OPERATIONAL AND FINAN…
World Oil (WO) — Chevron Corporation reported on its progress to leverage its strengths to safely deliver lower carbon energy to a growing world at its annual investor meeting. “Chevron intends to be a leader in both traditional and new energy businesses,” said Mike Wirth, chairman and CEO. “We’re growing energy supply, lowering carbon intensity, and returning more cash
Yahoo Finance WASHINGTON – Dow Inc and private company X-energy said on Wednesday they have agreed to develop and demonstrate the first grid-scale next-generation nuclear reactor for an industrial site in North America. The X-energy Xe-100 plant featuring four high-temperature, gas-cooled reactors is set to be built at one of Dow’s sites on the U.S. Gulf Coast. The companies plan
World Oil (WO) – Shell Offshore Inc., a subsidiary of Shell plc, has completed the previously announced sale of its 100% interest in Shell Onshore Ventures LLC which holds a 51.8% membership interest in Aera Energy LLC to IKAV. The sale is part of Shell’s strategy to create a resilient and competitive upstream portfolio by focusing on positions with high
Oil Price Crude oil inventories in the United States saw another significant increase, with a 6.203 million barrel increase last week, the American Petroleum Institute (API) data showed on Tuesday, bringing the total number of barrels gained so far this year to nearly 59 million barrels. This week, SPR inventory held steady for the seventh week in a row at 371.6
Weekly Crude Oil Storage as of February 24, 2023 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 1.2 million barrels from the previous week. At 480.2 million barrels, U.S. crude oil inventories are about 9% above the five year average for this time of year, according to the EIA crude oil and
BOE Report CALGARY – The Canadian Association of Petroleum Producers says it expects investment in oil and natural gas production in this country to hit $40 billion this year. The industry group says that’s 11 per cent higher than last year and also surpasses pre-COVID-19 pandemic levels. Upstream oil and natural gas investment in Canada reached a low of
