WesCan Energy Announces Appointment of New Director
May 25, 2023
Calgary, Alberta–(Newsfile Corp. – May 25, 2023) – WesCan Energy Corp. (TSXV: WCE) (” WesCan ” o…
TrustBIX Inc. Announces March 31, 2023 Second Quarter Financial Results
May 25, 2023
Edmonton, Alberta–(Newsfile Corp. – May 25, 2023) – TrustBIX Inc. (TSXV: TBIX) (OTCQB: TBIXF)&#x…
Altima Appoints Technical Advisors
May 25, 2023
Vancouver, British Columbia–(Newsfile Corp. – May 25, 2023) – Altima Resources Ltd. (TSXV: ARH) …
Shale R&D cuts cast shadow on future of US oil production
May 25, 2023
Yahoo Finance Shale technology advances that propelled the U.S. to the top global oil producer spot with world-beating growth rates are falling fewer and farther between as drilling budgets shrink and with them, the research and development that might deliver the next great leap. Inventions, such as directional drilling and hydraulic fracking, spurred U.S. oil production to the world’s highest
Criterium Energy Ltd. Announces Results of Annual General and Special Meeting
May 25, 2023
Calgary, Alberta–(Newsfile Corp. – May 25, 2023) – Criterium Energy Ltd. (TSXV: CEQ) (” Criteriu…
Exxon and partners made $5.8 billion in Guyana in 2022
May 25, 2023
Oil Price Exxon and its partners in the offshore Stabroek Block in Guyana made almost $6 billion from their operations there, Reuters has reported, citing official documents. According to the documents—audited financial results—Exxon, Hess Corp., and CNOOC earned a combined $5.8 billion from the Guyana business in 2022. Exxon’s individual share from the total was $2.74 billion, the Chinese state
GRAPHIC-Oil short positions surge ahead of OPEC+ meeting
May 25, 2023
Nasdaq LONDON – The number of short positions in oil essentially betting that prices will fall has risen ahead of the next OPEC+ policy meeting on June 4, analysts said, making a surprise decision by producers at those talks more likely. Short sellers are those who position themselves to profit if prices fall, such as by selling borrowed assets in
Vivakor Reports $28.1 Million Revenue for 2022 Fiscal Year
May 25, 2023
Led by Significant Increase in Oil and Natural Gas Liquid Sales from Acquisition of Silver Fuels …
US offers oil and gas drilling rights in first auction since Biden’s IRA
May 25, 2023
Nasdaq The U.S. on Thursday will hold its first sale of oil and gas drilling rights on federal lands since passage of President Joe Biden’s landmark climate change law, with more than 10,000 acres (40.5 square kilometers) on offer in New Mexico and Kansas. The federal lease auction is just the second to be held in New Mexico, the nation’s
Kolibri Global Energy drills first three wells in Oklahoma oil field
May 25, 2023
World Oil (WO) – Kolibri Global Energy Inc. has successfully drilled and cased the first three wells of its 2023 drilling program in its Tishomingo oil field in Oklahoma. All three wells were successfully drilled under budget and into their targeted formations. The Barnes 8-1H and 8-2H wells are in the Caney formation, and the Barnes 8-3H is in
Weekly Gas Storage: Inventories increase by 96 Bcf
May 25, 2023
Natural Gas Inventories as of May 19, 2023 The EIA has released its natural gas inventory report, showing a net increase of 96 Bcf as of May 19, 2023. Working gas in storage was 2,336 Bcf as of Friday, May 19, 2023, according to EIA estimates. This represents a net increase of 96 Bcf from the previous week. Stocks were
S&P Global Commodity Insights Raises 10-year Production Outlook for Canadian Oil Sands for First Time in More than Half Decade
May 25, 2023
S&P Global Commodity Insights Raises 10-year Production Outlook for Canadian Oil Sands for Fi…
