2 No-Brainer Energy Stocks to Buy With $5000 Right Now
February 26, 2024
2024-02-26 20:15:00 ET Energy stocks continue to benefit from high oil prices. In contrast,…
Goldman raises forecast of Brent oil summer price to $87
February 26, 2024
Oil Price Faster-than-expected land inventory drawdowns due to seaborne trade disruptions from the Red Sea crisis have prompted Goldman Sachs to revise up its forecast for summer peak Brent Crude prices to $87 per barrel, up by $2 from earlier expectations. “OECD commercial stocks on land have drawn somewhat faster than expected as the redirection of flows away from the
BP p.l.c. Announces Upsize to $1,300,000,000 of Cash Tender Offer of One Series of USD Notes
February 26, 2024
BP p.l.c. Announces Upsize to $1,300,000,000 of Cash Tender Offer of One Series of USD Notes …
Dialogue & innovation: industry leaders unite at TOGC 2024 to discuss the future of pipelines
February 26, 2024
Oil and Gas 360 Publisher’s Note: Oil and Gas 360 media partner congratulates the Transportation Oil & Gas Congress (TOGC) 2024 for another successful year. Transportation Oil & Gas Congress (TOGC) 2024 brought together C-level executives and technical specialists from major companies to explore sustainable solutions for the future in the pipeline sector. Event held in Milan, Italy, on February
U.S. diesel exports to Europe slump as distillate markets tighten
February 26, 2024
Oil Price U.S. diesel exports to Europe have tumbled so far in February amid lower refinery output and tighter supplies in America, which have decreased arbitrage opportunities and further tightened European diesel supplies. Europe’s imports of U.S. diesel have nearly halved so far in February to 6.65 million barrels, down from a seven-year high imports of 11.44 million barrels in
Top global energy traders face multi-billion cash quandary
February 26, 2024
Nasdaq LONDON – As the world’s top global energy trading houses prepare for their biggest annual industry get-together this week in London they face a growing problem, what to do with their cash. Most trading houses, which are privately owned and controlled by their employees, disclose little about their cash position, equity or dividends. But according to more than 10
ReconAfrica identifies key oil and gas exploration target for 2024 drilling campaign in Namibia
February 26, 2024
World Oil (WO) – Reconnaissance Energy Africa Ltd. announced an operations update. ReconAfrica continues to pursue activities as it prepares to start a multi-well drilling campaign in 2024. To date, all surveying activity has been completed, with demining activities complete on the Damara Fold Belt Prospect L, which is expected to be the company’s first drilling location with an expected
Platts says adding Midland to Brent has gone well, no need for more
February 26, 2024
Yahoo Finance LONDON – Commodities pricing agency Platts said on Monday its addition of U.S. WTI Midland crude into the global Brent oil benchmark has gone well, and it won’t be necessary to add any further crudes for the time being. Platts, part of S&P Global Commodity Insights, added Midland to its dated Brent price assessment in May 2023, bolstering
BP p.l.c. Launches Cash Tender Offer for Up to $1 Billion Aggregate Principal Amount of One Series of USD Notes
February 26, 2024
BP p.l.c. Launches Cash Tender Offer for Up to $1 Billion Aggregate Principal Amount of One Serie…
