?Saturn Emerges as Canada’s Fastest Growing Oil Producer
March 27, 2024
2024-03-27 17:08:02 ET Canada’s oil patch continues to consolidate as the largest en…
Shale CEOs hesitant to begin new Permian drilling campaigns due to political uncertainty, Dallas Fed says
March 27, 2024
World Oil (Bloomberg) – U.S. oil prices are more than high enough to make drilling new wells profitable, but some shale bosses say they’re hesitant because of political and regulatory “uncertainty” that won’t be settled until the November election, according to the Federal Reserve Bank of Dallas. “Until the next administration is decided, we’re in a state of flux when
Western sanctions delay payments for Russia’s oil exports
March 27, 2024
Oil Price Russia is seeing months of delays in payments for its oil exports as banks in its major trader partners, including China, the UAE, and Turkey, are now scrutinizing transactions wary of the tighter U.S. sanctions, numerous unnamed sources with knowledge of the matter have told Reuters. Russian oil firms are struggling to collect the payments for their exports on
Netherlands’ $900 billion pension funds ready to invest big in renewables
March 27, 2024
Oil Price The Netherlands’ five largest pension funds have said they are willing to invest billions in the country’s renewable energy sector and the electricity grid. The funds, with a combined 900 billion euros ($975 billion) in assets, have offered to help with finances and expertise in the nation’s electric grid expansion and sustainable heating projects. “We want to make a bigger
20 U.S. oil and gas trade groups unite against Biden’s “misguided” methane fee
March 27, 2024
World Oil (WO) – The American Petroleum Institute (API) joined with 19 associations representing all segments of the U.S. oil and gas industry operating across the country in calling on the U.S. Environmental Protection Agency (EPA) to revise its misguided methane fee on American energy. In comments submitted to the agency on the “waste emissions charge” proposed rulemaking, the associations
Baltimore coal exports blocked after bridge collapse
March 27, 2024
Oil Price Baltimore Port’s coal exports are likely to be blocked for weeks after the collapse of the Francis Scott Key Bridge on Tuesday, according to a Pennsylvania coal trading firm. The bridge collapsed early on Tuesday after a cargo ship lost power and slammed into the construction, which crumbled within seconds and will disrupt navigation near the Baltimore port, which is
Oil and gas production decreased in the first quarter – Dallas Fed
March 27, 2024
BOE Report Oil and gas production in Texas, Louisiana and New Mexico decreased in the first quarter of 2024, the Federal Reserve Bank of Dallas said on Wednesday in its quarterly survey of energy activity. The survey of executives at 147 energy firms suggested a small decline in production. A natural gas production index also turned negative and oilfield services
U.S. crude oil inventories increase by 3.2 million barrels
March 27, 2024
Weekly Crude Oil Storage as of March 22, 2024 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 3.2 million barrels from the previous week. At 448.2 million barrels, U.S. crude oil inventories are 2% below the five year average for this time of year, according to the EIA crude oil and petroleum weekly storage
3 Energy Stocks to Elevate Your Investment Portfolio
March 27, 2024
2024-03-27 07:48:18 ET Growing demand for oil and gas worldwide and integration of advanc…
3 Energy Stocks to Elevate Your Investment Portfolio
March 27, 2024
2024-03-27 07:48:18 ET Growing demand for oil and gas worldwide and integration of advanc…
