Calgary, Alberta–(Newsfile Corp. – March 17, 2023) – Blacksteel Energy Inc. (” Blacksteel ” or t…
Oil Price Softer oil market fundamentals than previously expected prompted ING on Friday to slash its Brent Crude forecast for this year to $90 per barrel from $98, as a larger current surplus is likely to leave the market in a better position to handle an expected deficit in the second half of 2023. ING now sees Brent Crude
Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had and increase of 8 over last week, resulting in a total count of 754 rigs. Canada had a decrease of 16 over last week, resulting in a total Canadian count of 207 rigs. Breakdown by region Of the regions tracked by Baker Hughes, only the DJ-Niobrara,
World Oil (WO) – Eni made a new oil discovery on the Yatzil exploration prospect in Block 7, located in the mid-deep water of the Cuenca Salina in the Sureste Basin, offshore Mexico. According to preliminary estimates, the new finding may contain around 200 MMboe in place. Yatzil-1 EXP is the second commitment well of Block 7 and the eight
Oil Price The Biden administration will not rush into refilling the strategic petroleum reserve but rather take things one day at a time, the White House’s Special Presidential Coordinator for Global Infrastructure and Energy Security, Amos Hochstein, has said as quoted by Bloomberg. “We’ve seen a decline in oil prices, we’re seeing some crunch there,” Hochstein told Bloomberg TV in an interview.
Oil and Gas 360 Patterson 4H well targeting Shannon Formation to Spud on March 22, 2023 STEAMBOAT SPRINGS, Colorado – March 17, 2023 – Three Crown Petroleum (“Three Crown” or the “Company”) today provided an operational update on the Falcon Prospect located in Converse County, Wyoming. The Company plans to move a rig on location for the Patterson 4H, a
Oil and Gas 360 FORT WORTH, Texas, March 16, 2023 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that, after almost 20 years of service which included the discovery and development of the Marcellus Shale field, Jeff Ventura plans to retire from the Company effective June 2, 2023 and will not seek reelection to the Board. Range’s Board of Directors has selected Dennis Degner, the Company’s Executive Vice President and Chief
2023-03-17 10:25:16 ET Despite the recent plunge in oil prices, the reopening of the Chin…
2023-03-17 10:25:16 ET Despite the recent plunge in oil prices, the reopening of the Chin…
Nasdaq Canada’s Suncor Energy Inc SU.TO said on Friday it has amended an agreement with Elliott Investment Management to give the activist investor more time until March 31 to appoint an additional director to the energy company’s board. Elliott has been pushing for organizational changes and strategic review at Suncor since disclosing a 3.4% stake in the company in April last
2023-03-17 09:30:00 ET The energy sector has generated outsized returns to investors in…
This Week in Environment News: 9 Stories You Need to See PR Newswire A roundu…
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