Friday, January 24, 2025
GeoPark announces second quarter 2023 operational update- oil and gas 360

GeoPark announces second quarter 2023 operational update

Oil and Gas 360 Publisher’s Note: GeoPark will be presenting at the 28th annual EnerCom Denver – The Energy Investment Conference that brings together energy companies, investors, analysts, and key industry leaders. Register to attend at www.enercomdenver.com INCREASING ACTIVITY IN THE SECOND HALF OF 2023 ACCELERATING SHAREHOLDER RETURNS Bogota, Colombia – July 17, 2023 – GeoPark Limited (“GeoPark” or the

Chesapeake Energy achieves grade “A” recertification for natural gas production across Marcellus operations- oil and gas 360

Chesapeake Energy achieves grade “A” recertification for natural gas production across Marcellus operations

World Oil (WO) – Chesapeake Energy Corporation has achieved recertification of its natural gas production across the entirety of its Marcellus operations, which averaged approximately 4.4 Bcf of gross natural gas per day during the first quarter of 2023. The company received a grade A under the MiQ methane emissions standard and a grade A- from Equitable Origin’s EO100 Standard

Pemex sinks deeper into junk: Fitch- oil and gas 360

Pemex sinks deeper into junk: Fitch

Oil Price Fitch Ratings has downgraded Petroleos Mexicanos—or Pemex—squarely into junk territory after several accidents and “weak operating performance”. Fitch also lowered its ESG score after those accidents, which included an explosion at a natural gas platform that ended with fatalities and damages to critical infrastructure and assets, to reflect “the environmental and social impact” of those events. Fitch slammed the company’s

Media error triggers significant oil price spike- oil and gas 360

Media error triggers significant oil price spike

Oil Price If you’ve ever wondered if media headlines and jawboning really influence oil prices, you can now put the question to rest. A mistake in publishing sent oil prices up sharply on Monday morning—but prices have since bounced back to normal levels now that the offending media piece has been removed and a retraction printed. The Reuters headline wasn’t

US natgas prices ease to 3-wk low on rising output, less hot forecasts- oil and gas 360

US natgas prices ease to 3-wk low on rising output, less hot forecasts

Nasdaq U.S. natural gas futures eased about 1% to a fresh three-week low on Monday on rising output and forecasts for less hot weather over the next two weeks than previously expected. That lack of price movement came even though the country’s overall weather will remain hotter-than-normal (just not as hot as previously excepted last week) through the start of August,

Oil slides more than 1% as Chinese GDP dents demand hopes- oil and gas 360

Oil slides more than 1% as Chinese GDP dents demand hopes

Yahoo Finance LONDON – Oil dropped by more than 1% on Monday after weaker than expected Chinese economic growth fuelled concern over demand in the world’s second-biggest oil consumer, while a partial restart of halted Libyan output also pressured prices. China’s gross domestic product (GDP) grew 6.3% year-on-year in the second quarter, compared with analyst forecasts of 7.3%, with its