The Smartest Dividend Stocks to Buy With $500 Right Now
June 12, 2024
2024-06-12 15:30:00 ET Despite rate cuts, the Canadian equity markets are under pressure, w…
Matador Resources Company announces strategic bolt-on Delaware Basin acquisition
June 12, 2024
Oil and Gas 360 DALLAS–(BUSINESS WIRE)–Jun. 12, 2024– Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that a wholly-owned subsidiary of Matador has entered into a definitive agreement to acquire a subsidiary of Ameredev II Parent, LLC (“Ameredev”), including certain oil and natural gas producing properties and undeveloped acreage located in Lea County, New Mexico and Loving and Winkler Counties, Texas (the “Ameredev Acquisition”). The Ameredev Acquisition also includes
Slowing demand growth and surging supply put world oil markets on course for major surplus, IEA reports
June 12, 2024
World Oil Growth in the world’s demand for oil is expected to slow in the coming years, as energy transitions advance. At the same time, global oil production is set to ramp up, easing market strains and pushing spare capacity toward levels unseen outside of the Covid crisis, according to the Internaional Energy Agency’s (IEA) new oil market outlook. Latest
Mountain Valley gets regulator’s approval for US natural gas pipeline
June 12, 2024
Reuters Mountain Valley can begin operating its $7.85 billion Virginia natural gas pipeline after receiving approval from the U.S. Federal Energy Regulatory Commission (FERC) according to a filing on Tuesday. The Mountain Valley project, the only big gas pipeline under construction in the U.S. Northeast, has encountered numerous regulatory and court fights that have stopped work several times since construction
US crude dominates Dated Brent benchmark as shale exports boom
June 12, 2024
Reuters U.S. crude has dominated global benchmark oil pricing in the year since booming shale exports joined the mix of European crude used to calculate how much a barrel of the world’s most traded commodity costs. The shale revolution of the past 15 years has made the U.S. the world’s top oil producer and also transformed the country from a
U.S. crude oil inventories increase by 3.7 million barrels
June 12, 2024
Weekly Crude Oil Storage as of June 7, 2024 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 3.7 million barrels from the previous week. At 459.7 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,
Civeo Appoints E. Collin Gerry as Chief Financial Officer
June 12, 2024
Seasoned financial leader brings deep experience in energy, operations and investor engagement …
