MIAMI — Senior U.S. officials secretly traveled to Venezuela over the weekend in a bid to unfreeze hostile relations with Vladimir Putin’s top ally in Latin America, a top oil exporter whose re-entry into U.S. energy markets could …
HOUSTON – Shareholders at four U.S. oil companies will vote in the coming quarter on proposals for the firms to meet emissions targets set out in Paris in 2015, said climate activist group Follow This.
The votes will
Oil prices fell around $7 a barrel on Monday as investors pinned hopes on diplomatic efforts between Ukraine and Russia to end their conflict, while a surge in COVID-19 cases in China spooked the markets.
Brent was down by …
BRUSSELS, March 14 – European Union states are set to adopt new sanctions against Russia’s oil majors Rosneft ROSN.MM, Transneft TRNF_p.MM and Gazprom Neft GZNPI.MM, but will continue to buy oil from them, an EU source told …
Publisher’s Note: Photon Vault presented at the 2022 The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines on Thursday, February 17, 2022 on the Colorado School of Mines campus in Golden, Colorado. …
Publisher’s Note: Hydroacoustics presented at the 2022 The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines on Thursday, February 17, 2022 on the Colorado School of Mines campus in Golden, Colorado.
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LONDON — Natural gas is one of several commodities caught in the crossfire of the conflict in Ukraine, and the European economy could take a hit if Russia halts its exports.
Supply-side risks arising from the war have …
(Bloomberg) — Saudi Arabia is strengthening energy ties with China, as the oil producer Aramco agreed to build a multi-billion dollar refining and chemicals project that will tap into the Asian country’s future demand.
Globally, consumers are screaming …
March 11 – Last year, when Brazilian President Jair Bolsonaro sacked the head of state-run oil company Petrobras amid a spat over domestic fuel prices, the market reaction was apoplectic.
Preferred shares in the firm plummeted 22% in a …
(Bloomberg) — Some oil and gas dealmakers are hitting the pause button as prices whipsaw following the ban on Russian oil imports. Companies are concerned about overpaying for assets while focused on cutting debt and rewarding shareholders.
For …
SINGAPORE :Russian producer Surgutneftegaz has allowed Chinese buyers to receive oil without providing guarantees known as letters of credit (LC) in order to bypass Western sanctions, three people with knowledge of the matter said.
The change in terms is …
(Bloomberg) — Exxon Mobil Corp. is considering a sale of assets in North Dakota’s Bakken shale after being approached by interested parties, according to people with knowledge of the matter.
The oil giant could get about $5 billion …
Publisher’s Note: American Hydrogen presented at the 2022 The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines on Thursday, February 17, 2022 on the Colorado School of Mines campus in Golden, Colorado. …
Publishers Note: ESG Solutions is a leading provider of passive microseismic monitoring solutions to the energy, mining, and geotechnical industries. Click to view the interview with David Moore, Chief Executive Officer of ESG Solutions.
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(Bloomberg) — The United Arab Emirates will try to convince OPEC+ to increase oil output faster, but there’s little the Gulf country can do if Saudi Arabia isn’t on board.
“Boosting production is not so much …
A surge in U.S. retail gasoline prices to record highs has prompted governors and lawmakers in several states to consider slashing their fuel taxes and to ramp up pressure on the federal government to do the same.
The
Publisher’s Note: Nick Dell’Osso, President & Chief Executive Officer of Chesapeake Energy Corporation will be a Keynote speaker at EnerCom Dallas-The Energy Investment & ESG Conference on April 6-7, 2022.
OKLAHOMA CITY, March 9, 2022…
(Bloomberg) — The top U.S. energy official openly called on oil and natural gas producers to boost supply amid an energy crisis sparked by Russia’s invasion of Ukraine.
“We are on a war footing,” Energy Secretary Jennifer Granholm …
Publisher’s Note: ESal presented at the 2022 The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines on Thursday, February 17, 2022 on the Colorado School of Mines campus in Golden, Colorado.
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The CEO of Hess Corporation told CNBC on Tuesday he believes the U.S. and other nations should be doing more to help stabilize oil prices, as the Russia-Ukraine war continues to impact energy markets.
“The oil market now is …
Schlumberger announced the launch of Schlumberger End-to-end Emissions Solutions (SEES). The business offers a comprehensive set of services and cutting-edge technologies designed to give operators a robust and scalable solution for measuring, monitoring, reporting and, ultimately, eliminating methane …
ConocoPhillips CEO Ryan Lance told CNBC on Tuesday that a decision now to start drilling for new oil will not bring immediate relief to the elevated prices seen around the globe.
Lance’s comments, made in an interview on “TechCheck,”…
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HOUSTON -With crude prices surging past $125 a barrel, oil company executives called on Tuesday for more favorable global government energy policy to help the industry resolve the supply crisis that deepened after Russia’s invasion of Ukraine.
On …
(Bloomberg) — President Joe Biden’s ban on Russian oil imports puts new pressure on U.S. drillers to help fill a supply shortfall that has sent crude prices to the highest levels since 2008. Among them: EOG Resources Inc. …
Publisher’s Note: US Strategic Minerals Exploration presented at the 2022 The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines on Thursday, February 17, 2022 on the Colorado School of Mines campus in …
As oil prices surge to the highest levels since 2008, Occidental Petroleum CEO Vicki Hollub said U.S. producers cannot increase output right away.
“We’re in a really dire situation,” she said Tuesday at CERAWeek by S&P Global. “We’ve never …
(Bloomberg) — Cyberattacks targeting EQT Corp., the largest producer of natural gas in the U.S., have “gone up significantly” since the start of the Russian invasion of Ukraine, according to the company’s Chief Executive Officer Toby Rice.
The …
Saudi Aramco CEO Amin Nasser said the “tragic situation unfolding in Ukraine” is making the global energy crisis worse, according to prepared remarks delivered at an industry conference Tuesday.
Nasser, speaking at the CERAWeek energy in Houston, echoed
