OSLO – Microsoft Corp on Wednesday signed a memorandum of understanding with Norway’s Equinor to explore the use of a carbon dioxide storage facility as the tech firm seeks to cut its carbon footprint, the Norwegian oil ministry said.…
MOSCOW – Russian Energy Minister Alexander Novak on Wednesday said that the OPEC+ group of leading oil producers will start easing output curbs as planned despite a global spike in coronavirus cases.
“Despite the start of the second wave …
ANKARA – Turkish President Tayyip Erdogan said on Wednesday he will announce the total size of gas reserves found in the country’s largest-ever discovery when he visits a drill ship in the Black Sea on Saturday.
In August, Erdogan …
LONDON- Global refining throughput will increase in the last quarter of the year by more than 2 million barrels per day (bpd), the International Energy Agency (IEA) said on Wednesday, though the rise will not be sufficient to balance …
DENVER, Oct. 13, 2020 (GLOBE NEWSWIRE) — Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced that its bank group, led by JPMorgan Chase Bank, N.A., has reaffirmed the Company’s $700 million borrowing …
Publisher’s Note: EnerCom Analytics new Oil & Gas 360 Dashboards – Easy to read metrics help compare and evaluate the sustainability performance of oil and gas companies.
EnerCom, Inc. has been providing thoughtful energy consulting, analytics, …
Big money investors have over the last six months poured cash into the markets at the fastest pace in 17 years as they fretted over COVID-19 and the upcoming presidential election, according to a new survey from Bank …
As the world looks to move towards a low-carbon future, the potential of “green hydrogen” — which is produced using renewable energy — has garnered increasing interest from businesses, governments and investors alike.
In the last few years, major
TOKYO – Japan on Tuesday launched its latest three-yearly energy policy review, with the country grappling with a need to cut greenhouse gas emissions even as the public remains wary over nuclear power following the Fukushima disaster.
In its …
NEW YORK – Oil prices rebounded on Tuesday as robust data from China offset returning supply in other regions but gains were limited due to forecasts for a slow recovery in global oil demand as coronavirus cases rise.
Brent …
LONDON – World oil demand will rebound more slowly in 2021 than previously thought as coronavirus cases rise, OPEC said on Tuesday, adding to headwinds faced by the group and its allies in balancing the market.
Demand will rise …
Publisher’s Note: EnerCom’s New Oil & Gas 360 ESG Dashboards – Easy to read metrics help compare and evaluate the sustainability performance of oil and gas companies.
EnerCom, Inc. has been providing thoughtful energy consulting, analytics, …
We’re back! Monthly Energy Tracker Call (10/13/2020).
Join Haynes and Boone, AEGIS and EnerCom Tuesday, October 13 from 9:00 a.m.-10:00 a.m. CT for our next update on current energy issues involving capital markets, finance and …
Despite a grim demand outlook for energy as the coronavirus pandemic continues to weigh down the global economy, Goldman Sachs remains bullish on both oil and gas prices — regardless of the U.S. presidential election outcome in November.
“We …
HOUSTON – U.S. energy companies were returning workers and restarting operations at storm-swept production facilities along the U.S. Gulf Coast on Sunday, two days after Hurricane Delta barreled through the area.
Chevron Corp, Royal Dutch Shell Plc and BHP …
OSLO – The International Energy Agency (IEA) has nudged up its global gas demand forecast for this year, but still sees the biggest fall on record due to the impact of the COVID-19 pandemic.
The Paris-based agency said on …
HAIFA, Israel – The ship-to-shore crane paused above the cargo ship just arrived from Dubai, then set its load down on the pier in Israel.
One after another, eight containers filled with electronics, cleaning supplies, iron and firefighting equipment …
Publisher’s Note: EnerCom’s New Oil & Gas 360 ESG Dashboards – Easy to read metrics help compare and evaluate the sustainability performance of oil and gas companies.
EnerCom, Inc. has been providing thoughtful energy consulting, analytics, …
We’re back! Monthly Energy Tracker Call (10/13/2020).
Join Haynes and Boone, AEGIS and EnerCom Tuesday, October 13 from 9:00 a.m.-10:00 a.m. CT for our next update on current energy issues involving capital markets, finance and …
BOSTON – Billionaire investor Carl Icahn said on Thursday the energy sector will bounce back one day but shareholders need to be very patient and he is not urging people to buy.
Icahn, with stakes in CVR Energy, …
LONDON – World oil demand will plateau in the late 2030s and could by then have begun to decline, OPEC said on Thursday, in a major shift for the producer group that reflects the lasting impact of the coronavirus …
This week’s Baker Hughes rig count shows that U.S. had an increase of 3 over last week, resulting in a total count of 269 rigs. Canada had an increase of 5 over last week, resulting in …
HOUSTON – A large and powerful Hurricane Delta dealt the greatest blow to U.S. offshore Gulf of Mexico production in 15 years, halting most of the region’s oil and nearly two-thirds of its natural gas output.
Delta was packing …
LONDON – Oil prices fell on Friday, erasing an earlier rise but still leaving both benchmarks on track for their biggest weekly gains since early June on the back of supply cuts caused by a storm in the Gulf …
Mixed day for the markets as traders react to statements from both House Speak Nancy Pelosi and President Trump each give conflicting statements, driving markets sideways for a ranged bound day. The Dow Jones closed 122 points higher, or 0.4%.
