Calgary, Alberta, and New York, New York–(Newsfile Corp. – September 20, 2023) – Greenfire Resou…
2023-09-20 16:30:00 ET When it comes to investing in Canadian stocks, two sectors overwhelm…
Oil Price The world’s largest international oil and gas majors have changed their tune on medium to long-term strategies since the Russian invasion of Ukraine and the energy crisis last year. All European majors continue to target net-zero emissions by 2050, but some of the biggest, including BP and Shell, have scaled back promises to cut back oil and gas production
US News LONDON – Increased exports of oil from the United States into Europe and Asia mean U.S. crude has snatched back its primacy in setting international pricing after North Sea grades have for decades determined the value of the world’s most traded commodity. The trend has calmed volatility and limits the potential for trading plays, known by traders
World Oil (WO) – Consistent with its Alaska strategy to focus on the Pikka development, Santos will farm-down half of its working interest in 148 exploration leases (more than 270 thousand acres of State of Alaska lands) on the Alaska North Slope, in an agreement with APA Alaska LLC1 and Lagniappe Alaska LLC2. The leases are located on the
Yahoo Finance UNITED NATIONS – Former New York City Mayor Michael Bloomberg announced on Wednesday he will pump $500 million into the next phase of his energy transition campaign, aiming to shut down “every last” coal plant in the United States and slash gas-fired capacity in half by 2030. The $500 million infusion into his decade-long Beyond Carbon initiative aims
World Oil (Bloomberg) – Exxon Mobil Corp. is lobbying the Biden administration to allow hydrogen made from natural gas to qualify for some of the most lucrative subsidies available in the President’s signature climate law, pushing for billions of dollars in tax credits. The company is targeting “key decision makers” in Washington, including Democratic lawmakers, U.S. Treasury Department officials and
Weekly Crude Oil Storage as of September 15, 2023 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 2.1 million barrels from the previous week. At 418.5 million barrels, U.S. crude oil inventories are about 3% below the five year average for this time of year, according to the EIA crude oil and
Calgary, Alberta–(Newsfile Corp. – September 20, 2023) – Saturn Oil & Gas Inc. (TSX: SOIL) (…
Calgary, Alberta–(Newsfile Corp. – September 20, 2023) – Saturn Oil & Gas Inc. (TSX: SOIL) (…
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