Competition Act amendments silence Canadian businesses taking climate action
June 20, 2024
CALGARY, Alberta, June 20, 2024 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE), a…
Competition Act Amendments Silence Canadian Businesses Taking Climate Action
June 20, 2024
Calgary, Alberta–(Newsfile Corp. – June 20, 2024) – Suncor Energy (TSX: SU) (NYSE: SU), one of t…
Join us at the 29th annual EnerCom Denver – The Energy Investment Conference
June 20, 2024
Oil and Gas 360 Publisher’s Note: Please book your Westin Hotel reservation before hotel availability ends. EnerCom Denver conference will kick off with the annual Charity Golf Tournament on Sunday, August 18th, sponsored by conference Global Sponsor Netherland, Sewell & Associates (NSAI) Registration for institutional investors, portfolio managers, financial analysts, CIOs, and others in the investment community is free. Limited presentation opportunities
New Mexico struggles to balance oil output boom with climate goals
June 20, 2024
Oil Price The second-largest oil-producing U.S. state, New Mexico, has seen record oil and gas output and revenues in recent years on the back of the booming activity in the Permian, the top U.S. shale field. New Mexico has driven the Permian’s oil production growth over the past two years. For example, two counties in the southeastern corner of the state, Lea
Carlyle buyout fund scoops up Mediterranean gas assets
June 20, 2024
Oil Price As the war rages on in Gaza and tensions escalate between Israel and Hezbollah in Lebanon, private equity fund Carlyle (NASDAQ:CG) is forming a new Mediterranean oil and gas company to be led by ex-BP CEO Tony Hayward following the fund’s acquisition of assets in three countries for nearly $1 billion from Energean. The transaction, which is subject
How hydrogen will trade in the commodity markets of the future
June 20, 2024
Oil Price Transitioning hydrogen from its current deployment – produced from hydrocarbons for local industrial use – into a global green commodity is a huge task. The few projects now reaching FID usually involve unique two-party agreements or guaranteed offtake within development consortiums. The lack of globally accepted standards, and the price risk of long-term contracts, remain major hurdles holding
U.S. crude oil inventories decrease by 2.5 million barrels
June 20, 2024
Weekly Crude Oil Storage as of June 14, 2024 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 2.5 million barrels from the previous week. At 457.1 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,
U.S. crude oil trades above $82 per barrel, on pace for second weekly gain in a row
June 20, 2024
CNBC U.S. crude rose Thursday to trade above $82 per barrel, with the benchmark heading for its second weekly gain in a row, as oil and gasoline inventories fell. West Texas Intermediate has gained 4.8% this week, while global benchmark Brent is up 3.8%. Prices found support Thursday as U.S. crude and gasoline stockpiles fell for the first time in
Biden’s unfair decommissioning rule will kill jobs, harm U.S. energy security, oil and gas trade groups say
June 20, 2024
World Oil (WO) – The Gulf Energy Alliance (GEA) joined the States of Louisiana, Texas, and Mississippi in a legal challenge to the Department of Interior’s (DOI) Bureau of Ocean Energy Management’s (BOEM) decommissioning rule imposing unnecessary and burdensome financial requirements targeting independent offshore oil and natural gas producers. The new regulation is a solution in search of a problem,
3 Dow Stocks to Buy Now: June 2024
June 20, 2024
2024-06-20 07:00:00 ET InvestorPlace – Stock Market News, Stock Advice & Trading Tips…
