Tuesday, November 19, 2024
Oil prices spike as Iran sends volley of 100+ ballistic missiles into Israel- oil and gas 360

Oil prices spike as Iran sends volley of 100+ ballistic missiles into Israel

(Oil Price) – Iran has fired more than 100 ballistic missiles into Israel, according to the latest reports, after the United States warned Israel this morning that an attack was imminent. Israel had time to move its cabinet members and Mossad to safety prior to the attack, and Israel is expected to issue a report shortly detailing what damage—if any—was done.

Axis announces merger with Brigade- oil and gas 360

Axis announces merger with Brigade

(World Oil) – Axis Energy Services LLC and Brigade Energy Services LLC jointly announced the closing of an agreement to merge and form the nation’s largest and most innovative well servicing company with the best-trained workforce. The merger combines two high-growth organizations that have pioneered new ways to create value for an oil and natural gas industry seeking to become

HSBC cuts oil price forecasts for 2024 and 2025- oil and gas 360

HSBC cuts oil price forecasts for 2024 and 2025

(BOE Report) – HSBC has lowered its annual oil price forecasts for this year and next, citing a possible increase in OPEC+ oil production later this year that would push the market into surplus in 2025. “Judging by the fall in oil prices, the market had expected another extension – indeed we thought the unwinding would be more likely to

Brent Traders reroute WTI oil cargoes from Europe- oil and gas 360

Brent Traders reroute WTI oil cargoes from Europe

(Oil Price) – Big traders of the U.S. WTI Midland crude, which is now part of the dated Brent benchmark, have used a ‘bookout’ option in the Platts window to reroute Europe-bound cargoes elsewhere, in a move that could influence the price of dated Brent, Reuters reported exclusively on Tuesday, citing trading sources and analysts. The so-called bookout clause is allowed under the

ExxonMobil accelerates African energy investments and frontier exploration- oil and gas 360

ExxonMobil accelerates African energy investments and frontier exploration

(World Oil) – Leading oil-and-gas multinational ExxonMobil is progressing several energy initiatives on the African continent, consolidating its status as one of the drivers of the industry on the continent. Recent developments herald further expansions of the robust ExxonMobil upstream pipeline to strengthen energy security through reliable, affordable energy supply while achieving industry-leading emissions intensity. The latest expression of this

Chesapeake Energy and Southwestern Energy complete merger and provide third quarter earnings conference call Information, company rebranded as Expand Energy- oil and gas 360

Chesapeake Energy and Southwestern Energy complete merger and provide third quarter earnings conference call Information, company rebranded as Expand Energy

(Oil & Gas 360) – OKLAHOMA CITY, Oct. 01, 2024 (GLOBE NEWSWIRE) — Chesapeake Energy Corporation (NASDAQ: CHK) and Southwestern Energy Company (NYSE: SWN) today closed on their previously announced combination. The combined company has been rebranded as Expand Energy Corporation. Expand Energy’s common stock will commence public trading on the NASDAQ under the ticker “EXE” at the open of