Suncor Energy to Release Fourth Quarter 2023 Financial Results
February 15, 2024
Calgary, Alberta–(Newsfile Corp. – February 15, 2024) – Suncor (TSX: SU) (NYSE: SU) will release…
JPMorgan Chase, BlackRock drop out of massive UN climate alliance in stunning move
February 15, 2024
Fox Business JPMorgan Chase and institutional investors BlackRock and State Street Global Advisors announced Thursday that they are quitting or, in the case of BlackRock, substantially scaling back involvement in a massive United Nations climate alliance formed to combat global warming through corporate sustainability agreements. In a statement, the New York-based JPMorgan Chase explained that it would exit the so-called Climate
US House to vote on bill to reverse Biden’s LNG pause
February 15, 2024
US News WASHINGTON – The U.S. House was expected to vote on Thursday on a bill that attempts to strip the power of President Joe Biden’s administration to freeze approvals of liquefied natural gas exports. If it passes the Republican-controlled House the bill would likely struggle in the Democratic-controlled Senate if brought to a vote. The bill sponsored by Representative
Zephyr Energy clears key regulatory hurdle to progress well drilling project in Utah
February 15, 2024
World Oil (WO) – Rocky Mountain-based oil and gas company Zephyr Energy plc has received state and federal Sundry Notice approvals for the amendment of the drilling permit related to the forthcoming “twinned” redrill of the State 36-2 well. These are the final regulatory approvals required for the company to spud the State 36-2R well on its project in the
New York pension fund to divest some Exxon holdings
February 15, 2024
Yahoo Finance The New York State Common Retirement Fund will restrict its investments in eight integrated oil and gas companies, including the divestment of a small share of its holdings in Exxon Mobil, New York Comptroller Thomas DiNapoli, who oversees retirement assets, said on Thursday. The move follows a review of the companies’ readiness to transition to a low-carbon economy,
Oxy beats expectations with robust Q4 results
February 15, 2024
Oil Price Occidental Petroleum reported its strongest quarterly financial results in three years for the final three months of 2023, beating analyst expectations. Net income attributable to shareholders came in at $1 billion for the period, which translated into $1.08 per diluted share. Adjusted earnings attributable to common shareholders came in at $710 million, or $0.74 per share. “Our teams performed exceptionally
Oil rises over 1% on weaker dollar; slowing demand outlook caps gains
February 15, 2024
Yahoo Finance NEW YORK – Oil prices rebounded from earlier losses on Thursday on the back of a weak dollar, but an International Energy Agency (IEA) report flagging slowing demand growth this year and a larger-than-expected jump in U.S. crude inventories capped gains. Brent crude futures were up $1.16, or 1.4%, at $82.76 a barrel by 11:31 a.m. EST. U.S.
Weekly Gas Storage: Inventories decrease by 49 Bcf
February 15, 2024
Natural Gas Inventories as of February 9, 2024 The EIA has released its natural gas inventory report, showing a net decrease of 49 Bcf as of February 9, 2024. Working gas in storage was 2,535 Bcf as of Friday, February 9, 2024, according to EIA estimates. This represents a net decrease of 49 Bcf from the previous week. Stocks were
Civeo Announces Fourth Quarter 2023 Earnings Conference Call
February 15, 2024
Civeo Corporation (NYSE:CVEO) announced today that it has scheduled its fourth quarter 2023 earni…
Cenovus announces fourth-quarter and full-year 2023 results
February 15, 2024
CALGARY, Alberta, Feb. 15, 2024 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) co…
Targa Resources Corp. Reports Record Fourth Quarter and Full Year 2023 Financial Results and Provides Outlook for 2024 and Positioning in 2025
February 15, 2024
HOUSTON, Feb. 15, 2024 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“TRGP, …
WDS Releases Reserves Statement & Financial Updates
February 15, 2024
Strategic merger with BHP Petroleum delivered high-quality resources and record production in 202…
