SilverBow Resources Announces Fourth Quarter and Full Year 2023 Results and 2024 Outlook
February 28, 2024
2023 performance advances business strategy with strong free cash flow generation, efficient prod…
Raging wildfire threatens Texas oil rigs, refinery
February 28, 2024
Oil Price Texas Panhandle oil refineries and cattle ranches remain under critical threat as wildfires continue to spread, now consuming 500,000 acres after having prompted the temporary evacuation of the United States’ primary nuclear weapons assembly plant. Earlier on Wednesday, Texas Governor Greg Abbott had declared a disaster for 60 counties being affected by four separate wildfires that have so
ANALYSIS-Exxon’s curveball move in Guyana alters Chevron-Hess deal prospects
February 28, 2024
Nasdaq HOUSTON – Exxon Mobil’s surprise challenge to Chevron’s acquisition of Hess through a dispute over a stake in a major Guyana oil field could prove fruitful for the U.S. oil giant, even if it does not end up enlarging its holdings in the South American country. Exxon XOM.N said on Monday it may exercise pre-emptive rights that could block Chevron CVX.N from acquiring
U.S. natural gas prices gain over 3% after hitting 1997 low
February 28, 2024
Oil Price U.S. natural gas prices gained over 3% on Wednesday, recovering from a four-year low earlier in the week as European demand popped and unseasonably warm temperatures in the southern United States boosted cooling demand to make up for lackluster heating demand. So far this year, natural gas has shed over 30%. At 12:49 p.m. ET on Wednesday, U.S. Henry Hub
Activist investor pushes for bolder action as bp “quietly” pivots back toward oil and gas
February 28, 2024
World Oil (Bloomberg) – bp Plc is showing signs of a pivot back toward oil and gas that should boost returns, but is doing it too quietly to benefit its share price, according to activist investor Bluebell Capital Partners. Four years into its plan to shift away from oil and gas, bp is under increasing pressure from some shareholders to
API: New poll shows “widespread” concern over Washington’s energy policy
February 28, 2024
World Oil (WO) – The American Petroleum Institute (API) released a new national poll conducted by Ipsos demonstrating widespread concern over Washington’s approach on energy policy. Two out of three American voters say the country is on the wrong track on energy policy, and following the administration’s recent pause on LNG export permits, the poll found nine in 10 Americans
Oil gains on potential OPEC+ cuts, curbed by jump in U.S. crude stocks
February 28, 2024
US News LONDON-Oil prices pulled back on Wednesday as the prospect of delays to U.S. interest rate cuts and a jump in U.S. crude stocks that trounced expectations offset a boost from a potential extension to OPEC+ supply curbs. Brent crude futures fell 76 cents, or 0.91%, to $82.89 a barrel by 1227 GMT. U.S. West Texas Intermediate futures (WTI)
Focus on Cleantech Stocks
February 28, 2024
2024-02-28 09:20:00 ET February 28, 2024 (Investorideas.com Newswire) Investorideas.com …
U.S. crude oil inventories increase by 4.2million barrels
February 28, 2024
Weekly Crude Oil Storage as of February 23, 2024 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 4.2 million barrels from the previous week. At 447.2 million barrels, U.S. crude oil inventories are 1% below the five year average for this time of year, according to the EIA crude oil and petroleum weekly storage
Tamarack Valley Energy Announces Year-End 2023 Financial & Reserve Results, Clearwater Resource Evaluation and Provides Operational and Guidance Update Including Executive Appointment
February 28, 2024
Tamarack Valley Energy Announces Year-End 2023 Financial & Reserve Results, Clearwater Resour…
