Oil and Gas 360 Publisher’s Note: Diversified Energy Company will be presenting at EnerCom Denver – The Energy Investment Conference on August 18-21, 2024. Register to attend. A Broader Audience of Investors is Expected to Expand our Shareholder Base and Enhance Trading Liquidity BIRMINGHAM, AL / ACCESSWIRE / May 29, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) (“Diversified” or the
Oil and Gas 360 FORT WORTH, Texas and MIDLAND, Texas, May 30, 2024 (GLOBE NEWSWIRE) — HighPeak Energy, Inc. (“HighPeak” or “HPK”) (NASDAQ: HPK), a leading independent oil and natural gas company, has recently completed and commissioned a new solar facility, the WildHorse Solar Farm, in its Flat Top operating area. The WildHorse Solar Farm was developed and is owned
Oil and Gas 360 CALGARY, AB, May 29, 2024 /CNW/ – Surge Energy Inc. (“Surge” or the “Company”) (TSX: SGY) is pleased to announce a number of recent positive operational and financial developments, including: the sale of certain non-core assets, achievement of Management’s Phase 2 net debt1 target, an anticipated increase to Surge’s base dividend, the intention to institute a normal course issuer
World Oil (Bloomberg) – Top Republicans are warning the Biden administration against tapping into the nation’s strategic oil reserve to bring down gasoline prices with five months to go before the presidential election. The message, sent in a letter Wednesday to Energy Secretary Jennifer Granholm, comes as Biden administration officials have hinted they may be willing to release oil from
Oil Price Saudi Arabia is expected to launch as soon as Sunday a secondary share sale in its oil giant Aramco, Reuters reported on Thursday, quoting sources familiar with the plans. The landmark new share offering needs final approval from Saudi Crown Prince Mohammed bin Salman, according to Reuters’ sources. Last week, reports started emerging that Saudi Aramco planned to sell more shares as
Natural Gas Inventories as of May 24, 2024 The EIA has released its natural gas inventory report, showing a net increase of 84 Bcf as of May 24, 2024. Working gas in storage was 2,795 Bcf as of Friday, May 24, 2024, according to EIA estimates. This represents a net increase of 84 Bcf from the previous week. Stocks were
Weekly Crude Oil Storage as of May 24, 2024 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 4.2million barrels from the previous week. At 454.7 million barrels, U.S. crude oil inventories are 4% below the five-year average for this time of year, according to the EIA crude oil and petroleum weekly storage data, reporting
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