Hertz Energy Inc. Announces Change of Directors and Option Grant
March 15, 2024
Vancouver, British Columbia–(Newsfile Corp. – March 15, 2024) – Hertz Energy Inc. (CSE: HZ) (OTC…
U.S. to back Nevada lithium project with $2.26 billion loan
March 15, 2024
Oil Price Lithium Americas Corp has received a conditional commitment for a $2.26-billion loan from the U.S. Department of Energy to help it build lithium processing facilities in Nevada, as the Biden Administration looks to support America-produced lithium and reduce dependence on Chinese supply. Lithium Americas’ Thacker Pass project in Humboldt County, Nevada, is located next to a mine site that contains
US seeks oil for emergency reserve as maintenance winds down
March 15, 2024
Nasdaq WASHINGTON – The U.S. is seeking to buy 3 million barrels of oil for the Strategic Petroleum Reserve (SPR), as one storage site winds down maintenance that had tempered the pace of replenishing the stockpile, the U.S. Energy Department said on Thursday. The oil, if purchased, is expected to be delivered in August and September, the department said The department
Bahrain oil projects gets U.S. funding despite climate agenda
March 15, 2024
Oil Price The U.S. Export-Import Bank approved a loan guarantee of $500 million for a Bahrain oil project despite opposition from Democrats noting the move would compromise the Biden administration’s hard line on climate change. Last month, the Export-Import Bank voted to notify Congress that it plans to underwrite a loan of more than $100 million to the borrower, Bahrain’s
U.S. rig count had an increase of 7 this week, at 629
March 15, 2024
Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had an increase of 7 over last week, resulting in a total count of 629 rigs. Canada had a decrease of 18 over last week, resulting in a total Canadian count of 207 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Eagle Ford,
Careers in Energy Releases National Energy Labour Market Outlook to 2035
March 15, 2024
(TheNewswire) March 12, 2024 / TheNewswire / Calgary, AB — A new report proj…
BP partners with Venezuela on Trinidad gas field
March 15, 2024
Oil Price BP and Venezuela are jointly discussing the development of a gas field in Trinidad and Tobago, which the island nation shares with Venezuela. “BP can confirm that it is in discussions with the government of Trinidad and Tobago and the Bolivarian Republic of Venezuela on the potential development of gas resources in the Manakin-Cocuina field,” the supermajor said
Oil prices dip, but set to end week over 3% higher
March 15, 2024
Yahoo Finance Oil prices edged lower on Friday but were on track to gain over 3% for the week, boosted by the International Energy Agency raising its 2024 oil demand forecast and an unexpected decline in U.S. stockpiles. Brent crude oil futures were down 47 cents or 0.6% to $84.95 a barrel at 1434 GMT, a day after topping $85
