October 9, 2023

Vitesse Energy announces several impactful acquisitions, revised 2023 guidance and preliminary 2024 outlook, and additional hedging

October 9, 2023

Oil and Gas 360 CENTENNIAL, Colo.–(BUSINESS WIRE)– Vitesse Energy, Inc. (NYSE: VTS) (“Vitesse” or the “Company”) today announced several impactful acquisitions, revised 2023 guidance and a preliminary outlook on 2024, and additional hedging. ACQUISITIONS Vitesse has acquired additional oil and gas interests in the Williston Basin of North Dakota that will result in approximately $50 million of acquisition and related

Goldman Sachs sees no immediate impact on oil inventories from Israel attacks

October 9, 2023

BOE Report Goldman Sachs does not see any immediate major effect on near-term oil market inventories from the attacks in Israel over the weekend, it said in a note. It added, however, that the attacks reduce the likelihood of normalization of the country’s relations with Saudi Arabia, and the associated boost to Saudi production over time. Hamas’ assault on Israel drove

Chevron shuts down Israeli natural gas field after Hamas attack

October 9, 2023

Oil Price Following this weekend’s attack by Hamas on Israel, Chevron, the operator of the Tamar gas field offshore southern Israel, has shut down production at the field per instructions from the Israeli energy ministry. “Chevron Mediterranean Limited was instructed by Israel’s Ministry of Energy to shut in production at the Tamar Production Platform,” the local unit of the U.S.

Energy workforce “most resilient” industry in nation as jobs continue slow but steady climb

October 9, 2023

World Oil (WO) — The United States added 838 jobs in September, according to preliminary data from the Bureau of Labor Statistics (BLS) after adjustments to August numbers and analysis by the Energy Workforce & Technology Council. While updated numbers only suggest a 0.1% increase in labor availability since August, the market has added jobs in seven out of the

Oil prices jump as Middle East turmoil roils markets

October 9, 2023

Investing LONDON – Oil prices surged more than 3% on Monday as military clashes between Israel and the Palestinian Islamist group Hamas ignited fears that a wider conflict could impact oil supply from the Middle East. Brent crude was up $3.07, or 3.6%, to $87.65 a barrel by 1341 GMT, while U.S. West Texas Intermediate crude was at $86.15 a barrel,

Vitesse Energy announces several impactful acquisitions, revised 2023 guidance and preliminary 2024 outlook, and additional hedging

Goldman Sachs sees no immediate impact on oil inventories from Israel attacks

Chevron shuts down Israeli natural gas field after Hamas attack

Energy workforce “most resilient” industry in nation as jobs continue slow but steady climb

Oil prices jump as Middle East turmoil roils markets

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