DAWSON GEOPHYSICAL REPORTS FOURTH QUARTER AND YEAR END 2022 RESULTS
March 13, 2023
DAWSON GEOPHYSICAL REPORTS FOURTH QUARTER AND YEAR END 2022 RESULTS PR Newswire …
Aramco boosts net income to $161 billion in 2022 thanks to strong crude oil prices
March 13, 2023
World Oil (WO) — Saudi Aramco announced its full-year 2022 financial results, reporting a record net income of $161.1 billion — its highest annual profits as a listed company. Aramco also declared a fourth quarter dividend of $19.5 billion, to be paid in the first quarter of 2023. The results were underpinned by stronger crude oil prices, higher volumes sold
Norway’s oil fund held over $260M in failed SVB Banking Group
March 13, 2023
Oil Price Norway’s oil fund held over $263 million in Signature Bank and SVB Financial Group, the owner of Silicon Valley Bank (SVB), which failed spectacularly over the weekend, sparking government intervention. MarketWatch reports that the Norwegian sovereign wealth fund (SWF) held around $263 million in SVB Financial Group and Signature Bank, based on last week’s valuations. “This is the biggest
ConocoPhillips welcomes record of decision on the Willow Project
March 13, 2023
BOE Report HOUSTON – ConocoPhillips (NYSE: COP) welcomes the Department of the Interior’s Record of Decision (ROD) on the Willow project, adopting the three core pads detailed in the Bureau of Land Management (BLM) preferred Alternative E. ConocoPhillips Alaska completed extensive preparations with key contractors and expects to immediately initiate gravel road construction activities. The company continues to review the ROD and will
Halliburton appoints new Eastern Hemisphere President
March 13, 2023
World Oil (WO) — Halliburton Company announced that Shannon Slocum, Senior Vice President, Global Business Development and Marketing, has been promoted to the role of President, Eastern Hemisphere, effective immediately. Joe Rainey, President, Eastern Hemisphere, is retiring and will serve as senior advisor to Chairman, President, and CEO Jeff Miller during the transition. “Shannon brings a track record of success
Biden greenlights controversial Alaska oil project
March 13, 2023
Oil Price The Biden Administration approved the controversial Alaska oil project known as Willow on Monday after rumors surfaced last week that the Administration was set to approve it. The massive oil Willow Project covers three drill sites in the National Petroleum Reserve in an area that is estimated to hold up to 600 million barrels of oil. The
Scout Clean Energy Accepts Final Delivery of GE Turbines for Sweetland Wind Farm
March 13, 2023
Scout Clean Energy Accepts Final Delivery of GE Turbines for Sweetland Wind Farm PR New…
Greater Commercial Lending Obligated More Than $811 Million in USDA-Guaranteed Loans in 2022
March 13, 2023
Greater Commercial Lending Obligated More Than $811 Million in USDA-Guaranteed Loans in 2022 …
Crude oil prices slide nearly $4 as banking fears rattle markets
March 13, 2023
BOE Report Oil prices fell nearly $4 on Monday along with equities as the collapse of Silicon Valley Bank raised fears of a fresh financial crisis, but a recovery in Chinese demand provided support. West Texas Intermediate U.S. crude futures (WTI) fell by $3.36, or 4.39%, to $73.19 a barrel. Brent crude futures were down $3.25, or 3.93%, to $79.43
Starfleet Innotech and PPM Toys Execute an MOU Agreement for Starfleet to Acquire a Majority Ownership Interest in PPM Toys
March 13, 2023
New York, New York–(Newsfile Corp. – March 13, 2023) – Starfleet Innotech , Inc. (OTC Pink: SFI…
Capital Power named one of the World’s Most Ethical Companies® by Ethisphere for fifth straight year
March 13, 2023
EDMONTON, Alberta, March 13, 2023 (GLOBE NEWSWIRE) — Capital Power Corporation (TSX: CPX) ( …
CME Group Announces First Day of Trading of Event Contracts on Bitcoin Futures
March 13, 2023
CME Group Announces First Day of Trading of Event Contracts on Bitcoin Futures PR Newsw…
