Dude, Where’s my Shareholder?

Oil & Gas 360

By Tim Rezvan, CFA – EnerCom

Equity and commodity volatility are keeping the incremental energy investor away

The gravy days of October seem like a distant memory for the Energy sector. After a strong YTD rally …

Huge $2.6 billion green hydrogen project planned for Europe

CNBC

Spanish power company Iberdrola and Sweden’s H2 Green Steel are to partner and develop a major facility that will produce green hydrogen, in yet another example of how companies are taking an interest in the much talked about sector.…

Shell wins court ruling, to start seismic survey offshore South Africa

World Oil

(Bloomberg) –A South African court has ruled that Royal Dutch Shell Plc can proceed with a seismic survey offshore the East Coast, after dismissing a legal application by activist groups.

Greenpeace was among organizations that filed an urgent …

U.S. rig count had no change this week, stays at 569

Oil and Gas 360

This week’s Baker Hughes rig count shows that U.S. had no change over last week, resulting in a total count of 569 rigs. Canada had an increase of 9 over last week, resulting in a total …

Oil climbs as OPEC sticks to its own course

Fox Business

OPEC stayed the course this week, sticking to their planned 400,000-barrels-a-day production increase and did not give in to the fears surrounding the recent price crash due to the omicron variant virus worries.

Gas price windfall makes Gazprom patient over Nord Stream 2 delay

Nasdaq

MOSCOW, Dec 3 – Windfall revenues from high European gas prices mean Russia’s Gazprom GAZP.MM will not start pumping gas through the Nord Stream 2 pipeline before certification and it will not press Germany to speed up the process, …