Think Oil Is Going Higher? 3 Dividend Stocks to Buy Now
May 24, 2024
2024-05-24 20:45:00 ET It has already been a volatile year for oil prices and oil stocks. O…
Is Suncor Energy Stock a Buy in 2024?
May 24, 2024
2024-05-24 15:45:00 ET For investors looking to invest in the Canadian market, the key focu…
Texas oil and gas regulator admonishes Biden administration’s recent use of Endangered Species Act
May 24, 2024
World Oil (AUSTIN) – On May 17, 2024, the U.S. Department of Fish and Wildlife Services (USFWS) announced it would be listing the Dune Sagebrush Lizard as an endangered species under the Endanger Species Act (ESA). The Biden Administration made this designation, despite years of public and private collaborative efforts protecting the lizard, which have resulted in increased land conservation
Colombia aims to boost oil production to 1 million Bpd
May 24, 2024
Oil Price Despite a bold climate stance, Colombia is looking to increase its oil production to 1 million barrels per day by encouraging drillers to ramp up activity in underutilized exploration blocks, according to the country’s energy ministry. Energy Minister Andrés Camacho emphasized the government’s strategy to revitalize “lazy contracts”—agreements signed 10 to 15 years ago that have so far
Joan Hertz Reappointed as Board Chair and Kara Flynn and Naseem Bashir to be Appointed to ATB Financial’s Board of Directors
May 24, 2024
Joan Hertz Reappointed as Board Chair and Kara Flynn and Naseem Bashir to be Appointed to ATB Fin…
U.S. rig count had a decrease of 4 this week, at 600
May 24, 2024
Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 4 over last week, resulting in a total count of 600 rigs. Canada had an increase of 6 over last week, resulting in a total Canadian count of 120 rigs. Breakdown by region Of the regions tracked by Baker Hughes, only the Haynesville
Oil prices set for another weekly loss as traders focus on U.S. interest rates
May 24, 2024
Oil Price Crude oil prices are on the slide again this week, with Brent set to end the week with a loss of some 3%, according to Reuters, and West Texas Intermediate on its way to shed about 4% unless a last-moment reversal happens by the end of the day. Oil benchmarks have been trading at the lowest levels in about three months, according to Bloomberg,
TotalEnergies says it is examining cross-listing shares in U.S.
May 24, 2024
Yahoo Finance PARIS – TotalEnergies said on Friday that it is studying plans to cross-list its shares in the United States, while also keeping its shares on the Euronext stock exchange. “It’s more a technical study, how to offer these shares to the American market, while keeping our shares on Euronext, in Paris, in London, in Brussels, because the majority
Energy Workforce calls for transparency regarding U.S. LNG export pause
May 24, 2024
World Oil (WO) — Energy Workforce & Technology Council President Tim Tarpley issued a statement in response to Energy Secretary Jennifer Granholm’s testimony before the U.S. House Committee on Oversight. During the hearing, Representatives discussed the administration’s ongoing LNG export permit pause, the push towards electric vehicles and energy appliance standards. “Five months into the administration’s LNG export permit ‘pause’,
OPEC+ to meet virtually on June 2
May 24, 2024
BOE Report The OPEC+ group of oil producers, comprising the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, has pushed back its output policy meeting by a day to June 2. The meeting was to have been in Vienna on June 1, but will now be held online a day later, OPEC said on Friday. OPEC+
