Oil Price Freezing temperatures have slashed North Dakota’s crude oil production by up to 280,000 barrels per day (bpd) in recent days, according to estimates from the North Dakota Pipeline Authority as of Sunday, reported by Reuters. Natural gas production in North Dakota also fell, due to the Arctic blast and frigid weather that has settled across much of the United States
Oil Price Hours after targeting a U.S. warship with a cruise missile in the Red Sea, Yemen’s Iran-backed Houthis fired a missile and struck a U.S.-owned merchant vessel in the Gulf of Aden, giving further momentum to the escalation of this conflict. Early on Monday, the Houthis fired a missile at the Marshall Islands-flagged bulk carrier, the Eagle Gibraltar, hitting
Oil Price “American voters are watching.” This is what the president of the American Petroleum Institute had to tell the federal government at an API event this week. Voters are watching, and they are less than thrilled with the current administration’s energy policies. The American Petroleum Institute is not known to sit back and shut up when the federal government
Nasdaq U.S. natural gas output fell to a preliminary 11-month low on Sunday as frigid weather froze wells across the country, while gas demand for heating and power generation was on track to hit record highs. In Texas the state’s power grid operator, the Electric Reliability Council of Texas (ERCOT), forecast electric demand on Tuesday would top last summer’s all-time high
World Oil (WO) – On Jan. 9, APA Corporation announced that Stephen J. Riney has been promoted to President and Chief Financial Officer. Riney has served as Executive Vice President and Chief Financial Officer since joining APA in 2015. Prior to joining APA Corporation in 2015, Riney was the Chief Financial Officer for BP exploration and production and oversaw all
CNBC Oil prices slipped on Monday with traders watching out for supply disruption risk in the Middle East following strikes by U.S. and British forces to stop Houthi militia in Yemen from attacking ships in the Red Sea. Brent crude futures fell 31 cents, or 0.4%, to $77.98 a barrel by 0124 GMT after settling up 1.1% on Friday. U.S. West Texas Intermediate crude was at $72.36 a
EDMONTON, Alberta, Jan. 15, 2024 (GLOBE NEWSWIRE) — Capital Power Corporation (TSX: CPX) (ȁ…
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