Bengal Energy Announces Fiscal 2023 Fourth Quarter Results
June 16, 2023
Calgary, Alberta–(Newsfile Corp. – June 16, 2023) – Bengal Energy Ltd. (TSX: BNG) (“Bengal” or…
Better Energy Buy: Suncor Stock or TC Energy?
June 16, 2023
2023-06-16 16:45:00 ET The share prices of Suncor ( TSX:SU ) and TC Energy ( …
SusGlobal Provides Update on Market Activity
June 16, 2023
Toronto, Ontario–(Newsfile Corp. – June 16, 2023) – SusGlobal Energy Corp. (OTCQB: SNRG) (” SusG…
U.S. pipeline giant: Energy transition will need more natural gas infrastructure
June 16, 2023
Oil Price U.S. natural gas infrastructure will have to expand so that gas can serve as a backup power generation fuel amid soaring wind and solar capacity in the energy transition, says the chief executive of the pipeline giant handling one-third of U.S. gas deliveries. Natural gas will continue to be needed to prevent blackouts if weather is not
American Carbon Registry lists “first of it’s kind” oil, gas well plugging project by Rebellion Energy
June 16, 2023
World Oil (WO) – On June 8, a Rebellion Energy Solutions methane-abatement and land-restoration project became the first orphan oil-and-gas well plugging project to be listed by the American Carbon Registry. Rebellion’s project, for which it completed operations last month, is designed to generate durable, verifiable carbon-offset credits under ACR’s recently finalized methodology. Rebellion’s Heartland Methane Abatement and Land Restoration
U.S. rig count had a decrease of 8 this week, at 687
June 16, 2023
Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 8 over last week, resulting in a total count of 687 rigs. Canada had an increase of 23 over last week, resulting in a total Canadian count of 159 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Eagle Ford,
U.S. Department of Energy targeted in cyber attack
June 16, 2023
Oil Price The U.S. Department of Energy was among several federal agencies that got targeted by hackers in a global cyberattack this week. In a statement cited by Reuters, the DoE said that the hackers used a vulnerability in a file-sharing software program to carry out the attack. The attack used a weak spot in the MOVEIt file transfer software that
Pure Oil & Gas advances Texas drilling operations at first well
June 16, 2023
World Oil (WO) – Southern ITS International, Inc. announced that its subsidiary, Pure Oil & Gas, Inc., is providing a Progress Report on its first well drilled in Eastland County, Texas. Jeremy Larsen, President of Pure Oil & Gas, Inc., stated, “As per the advice and recommendation of our Geologist, and Engineers, we have let the well we drilled sit
Oil heads for weekly gain as supply cuts balance demand concerns
June 16, 2023
CNBC Oil steadied on Friday, on course for a weekly gain, as a market outlook tightened by higher Chinese demand and OPEC+ supply cuts was balanced by expected weakness in the global economy with the prospect of further interest rate hikes. The Bank of England is set to raise interest rates by a quarter of a percentage point next week.
Shell boosts dividend by 15%, maintains oil output through to 2030
June 16, 2023
CNBC British oil major Shell on Wednesday announced plans to boost returns to shareholders and keep oil output steady, as part of its strategy to simplify the group’s business and improve investor confidence. Ahead of its Capital Markets Day conference in New York later in the day, Shell said it would increase shareholder distributions to 30% to 40% of cash flow from operations, up
Sun Residential REIT Acquisition of Distressed Multi-Family Property in Cape Coral, Florida
June 16, 2023
Toronto, Ontario–(Newsfile Corp. – June 16, 2023) – Sun Residential Real Estate Investment Trust…
