Obsidian Energy Announces 2024 Guidance and Webcast
January 22, 2024
Calgary, Alberta–(Newsfile Corp. – January 22, 2024) – OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE Ame…
Targa Resources Corp. to Participate in U.S. Capital Advisors Midstream Corporate Access Day
January 22, 2024
HOUSTON, Jan. 22, 2024 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Co…
Sunoco LP to acquire NuStar Energy L.P. in transaction valued at $7.3 billion
January 22, 2024
Oil and Gas 360 DALLAS, Jan. 22, 2024 /PRNewswire/ — Sunoco LP (NYSE: SUN) (“Sunoco” or the “Partnership”) and NuStar Energy L.P. (NYSE: NS) (“NuStar”) announced today that the parties have entered into a definitive agreement whereby Sunoco will acquire NuStar in an all-equity transaction valued at approximately $7.3 billion, including assumed debt. Transaction Details Under the terms of the agreement, NuStar common unitholders
W&T Offshore announces closing of accretive acquisition of six Gulf of Mexico fields
January 22, 2024
Oil and Gas 360 HOUSTON, Jan. 22, 2024 (GLOBE NEWSWIRE) — W&T Offshore, Inc. (NYSE: WTI) (the “Company” or “W&T”) today announced that the Company has completed the accretive acquisition of six fields in shallow waters of the Gulf of Mexico. W&T was the successful bidder for certain synergistic assets in the Gulf of Mexico offered by MLCJR LLC, Cox
Chevron to sell Duvernay shale assets following major Hess acquisition
January 22, 2024
World Oil (Bloomberg) – Chevron Corp. has begun marketing its Duvernay shale holdings in Alberta as the oil giant divests assets following its agreement to buy Hess Corp. Chevron plans to shed all of its 70% stake in the Western Alberta oil and natural gas play, spokesman Braden Reddall said in an email. Other assets in Canada won’t be affected.
Freezing weather knocks out millions of barrels of Permian, Bakken oil production
January 22, 2024
World Oil (Bloomberg) – The wintry weather that blanketed parts of Texas in snow and hammered North Dakota with extreme cold has knocked out millions of barrels of U.S. oil production, and the industry is expected to need weeks to restore output to normal levels. Production across the U.S. was curtailed by about 10 MMbbl this week, according to market
Exxon files lawsuit against investors’ climate proposal
January 22, 2024
BOE Report Exxon Mobil Corp on Sunday filed a complaint in a Texas court seeking to prevent a climate proposal by activist investors from going to a vote during the company’s shareholder meeting in May. This is the first time Exxon is seeking to exclude a shareholder proposal by filing a complaint in court. It says the investors are “driven by
Interest jumps in US auction of shares in parent of Venezuela-owned Citgo
January 22, 2024
Nasdaq Dozens of companies have rushed in recent weeks to obtain data and join a U.S. court-ordered auction of shares in a parent of Houston-based oil refiner Citgo Petroleum, Venezuela’s foreign crown jewel, according to people familiar with the matter, as a first-round bidding is set to close on Monday. Several dozen groups, including investors, oil and gas companies, refiners
Oil rises as geopolitics counter demand concerns
January 22, 2024
Investing LONDON-Oil prices rose on Monday as traders weighed the impact of wars in the Middle East and Ukraine on oil supply against economic headwinds dampening global oil demand. Brent crude rose 90 cents to $79.46 a barrel by 1450 GMT. The front-month U.S. West Texas Intermediate crude futures contract for February delivery was up $1.10 at $74.42 a barrel in
DESERT MOUNTAIN ENERGY COMPLETES REASSEMBLY OF WEST PECOS FIELD PLANT
January 22, 2024
DESERT MOUNTAIN ENERGY COMPLETES REASSEMBLY OF WEST PECOS FIELD PLANT Canada NewsWire …
Graphano Announces Completion of Winter Drilling Program
January 22, 2024
Vancouver, British Columbia–(Newsfile Corp. – January 22, 2024) – Graphano Energy Ltd. (T…
Everyday People Extends Warrant Terms and Redeems Restricted Share Units
January 22, 2024
Edmonton, Alberta–(Newsfile Corp. – January 22, 2024) – Everyday People Financial Corp. (TSXV: …
