Targa Resources Corp. to Participate in Morgan Stanley Energy & Power Conference
March 1, 2024
HOUSTON, March 01, 2024 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “C…
Earn $200 a Month Without Lifting a Finger (Invest in Only These Dividend Stocks)
March 1, 2024
2024-03-01 16:30:00 ET Earlier this month, Statistics Canada announced that Canada’s…
Energy trader Gunvor to pay over $660 million to settle US bribery case
March 1, 2024
Investing NEW YORK – Gunvor pleaded guilty on Friday to a felony charge of conspiring to violate a U.S. anti-bribery law and agreed to pay more than $660 million, marking the end of a long-running criminal probe into the big energy trader. Gunvor’s plea to conspiring to violate the Foreign Corrupt Practices Act (FCPA) was accepted by U.S. District Judge
Canadian Natural Resources lifts dividend after posting record production
March 1, 2024
Oil Price Canadian Natural Resources (NYSE: CNQ) is raising its quarterly dividend as it posted consensus-beating earnings for Q4, driven by record-high oil and natural gas production last year. Canadian Natural Resources, the biggest oil and gas producer in Canada by market capitalization, reported on Thursday adjusted earnings per share of US$1.72 (C$2.34) for the fourth quarter of 2023, higher than the
REVILO Property Group Announces CEO Ryan Whitefield’s Acceptance into Forbes Business Council
March 1, 2024
Tampa, Florida–(Newsfile Corp. – March 1, 2024) – REVILO Property Group, a real estate investmen…
Low US natgas prices to dampen prospects for Tellurian asset sale
March 1, 2024
Nasdaq HOUSTON – Low U.S. natural gas prices will hurt Tellurian Inc’s TELL.A ability to sell Louisiana gas producing properties in order to pay off enough debt to salvage its liquefied natural gas export (LNG) project, analysts said. Tellurian has spent nearly seven years advancing its still incomplete Driftwood LNG export plant. This month it proposed to sell a gas producing business
Energy-related emissions hit a record high last year despite renewables surge
March 1, 2024
Oil Price Despite a decline in fossil fuel use in developed economies, global energy-related emissions rose last year to another record-high level as coal use rose in major developing markets hit by low hydropower generation, the latest emissions report by the International Energy Agency (IEA) showed on Friday. Global energy-related carbon dioxide (CO2) emissions grew by 1.1% in 2023, or by 410
VAALCO Energy joins ExxonMobil, Chevron offshore West Africa with $66.5 million Svenska Petroleum Exploration acquisition
March 1, 2024
World Oil (WO) – VAALCO Energy, Inc. has entered into a sales and purchase agreement (“SPA”) to acquire Svenska Petroleum Exploration AB (“Svenska”), a privately-held exploration and production (“E&P”) company based in Stockholm, Sweden. Svenska’s primary asset is a 27.39% non-operated working interest in the deepwater producing Baobab field in Block CI-40, offshore Cote d’Ivoire in West Africa. The gross
U.S. rig count had an increase of 3 this week, at 629
March 1, 2024
Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had an increase of 3 over last week, resulting in a total count of 629 rigs. Canada had no change over last week, resulting in a total Canadian count of 231 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Cana Woodford, the Marcellus,
Oil prices gain near 2% on expectations of deeper OPEC+ cuts
March 1, 2024
Yahoo Finance BENGALURU – Oil prices rose more than $1 a barrel on Wednesday as investors focused their attention on expectations of fresh supply cuts from OPEC+ and looked past a jump in U.S. crude, gasoline and distillate stockpiles. Brent crude futures advanced by $1.42, or 1.7%, to settle at $83.10 a barrel, while U.S. West Texas Intermediate (WTI) crude
Manufacturing PMI® at 47.8%; February 2024 Manufacturing ISM® Report On Business®
March 1, 2024
Manufacturing PMI® at 47.8%; February 2024 Manufacturing ISM® Report On Business® …
Energy firms boost gas exploration in Southeast Asia to meet growing demand
March 1, 2024
Nasdaq KUALA LUMPUR – Energy companies are ramping up exploration activities in Southeast Asia to boost natural gas output and meet long-term demand growth, drawn by recent discoveries and improved investment policies, company executives and analysts said. Malaysia and Indonesia have recently seen successful upstream discoveries, including a major discovery by Mubadala Energy in the South Andaman Block, following years of underinvestment in
