Teras Announces Delay in Filing of Annual Filings and Application for Management Cease Trade Order
September 15, 2023
Calgary, Alberta–(Newsfile Corp. – September 15, 2023) – Teras Resources Inc. (TSXV: TRA.V) (“…
Blacksteel Energy Inc. Provides Bi-Weekly Update on Status of Management Cease Trade Order
September 15, 2023
Calgary, Alberta–(Newsfile Corp. – September 15, 2023) – Blacksteel Energy Inc. (” Blacksteel ” …
A critical mineral cartel would be worse than OPEC
September 15, 2023
Oil Price In her State of the Union address this week, EC President Ursula von der Leyen made a point about the EU’s growing independence in sectors such as energy, chips, and raw materials. The official stressed the importance of these raw materials for energy, after which she went on to slam China for unfair market practices. Was she
HighPeak Energy, Inc. announces the closing of a $1.2 billion term loan financing and company update
September 15, 2023
Oil and Gas 360 FORT WORTH, Texas, Sept. 15, 2023 (GLOBE NEWSWIRE) — HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced the successful completion of a transformative debt refinancing. The Company entered into a senior secured term loan credit agreement (the “2023 Term Loan”) among the Company, as borrower, Texas Capital Bank (“Texas Capital”), as Administrative Agent,
DeSantis to unveil major oil, natural gas production proposal during Texas visit
September 15, 2023
World Oil (Bloomberg) – Florida Governor Ron DeSantis plans to unveil a major proposal for energy policy at an event in Midland, Texas next Wednesday during a fundraising swing in the oil-rich state, according to a campaign official. DeSantis is expected to call for ramping up domestic energy production, including increased mining of natural gas, as a way to combat
Murphy Oil Corporation announces close of non-core Canadian asset sale, advances capital allocation framework with redemption of 5.750% senior notes due 2025
September 15, 2023
BOE Report HOUSTON–(BUSINESS WIRE)–Murphy Oil Corporation (NYSE: MUR) today announced that its subsidiary closed the previously announced divestment of certain non-core operated Kaybob Duvernay assets and all of its non-operated Placid Montney assets. The transaction was announced on August 3, 2023, and has an effective date of March 1, 2023. After closing adjustments, Murphy received cash proceeds of approximately C$141 million,
U.S. rig count had an increase of 9 this week, at 641
September 15, 2023
Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had an increase of 9 over last week, resulting in a total count of 641 rigs. Canada had an increase of 8 over last week, resulting in a total Canadian count of 190 rigs. Breakdown by region Of the regions tracked by Baker Hughes, only the Granite
Biden’s offshore wind target slipping out of reach as projects struggle
September 15, 2023
Nasdaq President Joe Biden’s goal to deploy 30,000 megawatts of offshore wind along U.S. coastlines this decade to fight climate change may be unattainable due to soaring costs and supply chain delays, according to forecasters and industry insiders. The 2030 target, unveiled shortly after Biden took office, is central to Biden’s broader plan to decarbonize the U.S. economy by 2050. It
Oil set to rise for a third week on strong China economic data
September 15, 2023
Nasdaq SINGAPORE – Oil prices rose on Friday and are set for a third weekly gain, as better-than-expected Chinese economic data and reports of record oil consumption bolstered the view that demand in the world’s second-largest crude consumer will continue to surge. Brent crude futures LCOc1 rose 62 cents, or 0.7%, to $94.32 as of 0249 GMT, while the U.S. West Texas
Aurora Solar Technologies Corporate Update
September 15, 2023
North Vancouver, British Columbia–(Newsfile Corp. – September 15, 2023) – Aurora Solar Technolog…
General Presidents’ Maintenance Committee for Canada & National Maintenance Council for Canada Opens Bursary Applications
September 15, 2023
KITCHENER, Ontario, Sept. 15, 2023 (GLOBE NEWSWIRE) — The General Presidents’ Maintenance…
