energy companies – Oil & Gas 360

Energy companies create carbon capture partnership to develop massive CO2 storage project in Gulf of Mexico

December 21, 2022

World Oil (WO) — Carbon-Zero US LLC, Cox Operating LLC, Crescent Midstream and Repsol announced a partnership to develop one of the Gulf Coast’s largest offshore hubs for the permanent storage of carbon dioxide. Cox is among the largest owners of energy infrastructure in the offshore Gulf of Mexico and intends to repurpose facilities and equipment to lower the

Energy crisis makes multi-year contracts fashionable again

October 19, 2021

World Oil Energy crisis makes multi-year energy contracts fashionable again. (Bloomberg) –U.S. manufacturers and other large energy users are starting to lock in natural gas and power costs for at least three years or longer to buffer against price surges this winter, a practice that went out of vogue with the shale boom. With gas prices more than doubling from

Surging gas prices are the ‘transition premium’ in the push toward renewables, OPEC chief says

September 21, 2021

CNBC DUBAI, United Arab Emirates — Soaring gas prices are the cost of the attempted shift to renewable energy sources, OPEC Secretary General Mohammed Barkindo told CNBC on Tuesday. “I have talked about a new premium that is emerging in the energy markets that I term the transition premium,” Barkindo told CNBC’s Dan Murphy at the Gastech conference in

After Colonial attack, energy companies rush to secure cyber insurance

May 28, 2021

Nasdaq May 28 – U.S. energy companies are scrambling to buy more cyber insurance after this month’s attack on Colonial Pipeline COLPI.UL disrupted the U.S. fuel supply, but they can expect to pay more as cyber insurers plan to hike rates following a slew of ransomware attacks. The Colonial ransomware attack on May 7 shut the largest fuel pipeline network in the

Supreme Court takes up energy companies’ appeal over Baltimore climate suit

October 2, 2020

Reuters WASHINGTON – The U.S. Supreme Court on Friday agreed to hear an appeal by energy companies including BP PLC, Chevron Corp, Exxon Mobil Corp and Royal Dutch Shell PLC contesting a lawsuit by the city of Baltimore seeking damages for the impact of global climate change. The justices will weigh whether the lawsuit must be heard in state court

BlackRock cast tougher climate votes, environmentalists want more

July 14, 2020

Reuters BOSTON – BlackRock Inc (BLK.N) released figures showing it took a tougher stance on climate matters in the springtime proxy season, though it drew criticism from environmentalists claiming the top asset manager failed to back up its recent emphasis on the area. BlackRock of New York said in a report on Tuesday that it voted against management at 53

Microsoft pledges to remove more carbon than it emits by 2030

January 17, 2020

Houston Chronicle Microsoft on Thursday announced plans to remove more carbon than it emits by the end of the decade, a pledge that addresses the climate change crisis more aggressively than many of its tech rivals. The software giant, which announced the initiative at a news conference at its Redmond, Washington, headquarters, also plans to remove all the carbon emissions

Texas Shale Towns Grapple with Growth as Oil-Bust Fears Fade

August 21, 2019

From Reuters In west Texas, the center of the U.S. oil boom, about 3,800 students at Permian High School are crammed into a campus designed for 2,500, with 20 portable buildings to help with the overflow. School officials had expected enrollment to fall after the last oil price crash, starting in 2014, but it kept rising – one sign of

Blue highlighted dates indicate companies that hit 52-week lows in May 2019. Source: Johnson Rice & Company - Oil & Gas 360

Stunning Stock Stat: 40% of Energy Stocks Hit 52-Week Lows in May, While WTI is Up 21% YTD: Johnson Rice

May 31, 2019

Snapshot of energy companies followed by JRCO energy analysts that hit 52-week lows in May Louisiana-based Johnson Rice & Company’s energy research team put out a table and a stat that makes it pretty clear how investors have been thinking about taking new positions in energy companies in May. Eighteen of the 46 E&Ps that JRCO follows are at a

Watch it Here: “Whiting’s Wildcatters: Micro Scale, Macro Vision”

January 6, 2016

New Oil & Gas 360® documentary shows how Bakken’s top producer is staying on top of the shale boom What does Whiting Petroleum (ticker: WLL) do differently from other producers? What process inside Whiting has begun to land some of its wells in North Dakota’s record books? Oil & Gas 360® is proud to release the documentary video, “Whiting’s Wildcatters: Micro Scale, Macro

What do the Most Successful Energy Companies Have in Common?

December 10, 2015

ANSWER: Smart people, strong leadership, and a relentless drive to create success. Peek behind the front doors of the companies finding, producing, transporting and transforming energy. While oil and gas companies across the planet are battling a commodities price environment in which a barrel of oil fetches 70% less than it did 18 months ago, Whiting Petroleum (ticker: WLL) has found and implemented

What Lies Ahead for the Oil & Gas Industry?

August 5, 2015

With share prices halved along with oil prices, investing opportunities abound What’s coming in 2016? Institutional investors head to Denver Aug. 16-20 to listen to the oil & gas sector’s go-forward strategies Where is the industry today and where is it heading? After a lengthy pattern of producing and selling $90+ oil, the industry was jolted when OPEC announced its decision

Premium Content