Wednesday, November 13, 2024
US refining margins slump as fuel stocks climb: Kemp- oil and gas 360

US refining margins slump as fuel stocks climb: Kemp

BOE Report U.S. oil refineries have been processing petroleum at the fastest rate for the time of year since before the pandemic, but rising fuel inventories have begun to weigh on crack spreads and likely signal a slowdown ahead. Refineries processed 17.5 million barrels per day (b/d) of crude and other feedstocks over the week ending on June 7, the

Big Oil won’t become major investors in renewable technology even as investment soars, IEA analyst says

CNBC Oil companies will increase their investment in renewables over the coming years but won’t become major investors in the technology that underpins the sector, according to a lead author of the International Energy Agency’s Renewable Energy Market Update. Speaking to CNBC’s “Street Signs Europe” on Tuesday, Heymi Bahar explained there was a “changing momentum” when it came to oil

GeoPark Reports First Quarter 2021 Results- oil and gas 360

GeoPark Reports First Quarter 2021 Results

Oil and Gas 360 STRONG FREE CASH FLOW GENERATION FUNDS INCREASED DEVELOPMENT AND EXPLORATION PROGRAM, DEBT REDUCTION AND BALANCE SHEET STRENGTHENING, AND CASH DIVIDENDS TO SHAREHOLDERS  Bogota, Colombia – May 5, 2021 – GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia,