EnerCom and Colorado School of Mines announce preliminary keynote presentations and participating companies at The Energy Venture Investment Summit, February 10 – 11, 2021

Oil & Gas 360

DENVER, Jan. 12, 2021 /PRNewswire/ –January 12, 2021 – EnerCom, Inc., a nationally recognized management consultancy, and Colorado School of Mines, a leading public research university focused on science and engineering, announced today a preliminary …

Oil optimism could be derailed by coronavirus risks, Dan Yergin says

CNBC

SINGAPORE — Oil producer group OPEC left its 2021 forecast for crude demand growth unchanged on expectations of an economic recovery. But that could change, warns energy expert Dan Yergin.

Yergin, vice-chairman at IHS Markit, told CNBC on Friday …

Investors storm into alternative energy funds ahead of Biden presidency

Reuters

Investors are rushing to invest in alternative energy funds this year on hopes of more green reforms, with President-elect Joe Biden set to take office next week.

According to Lipper data, alternative energy funds that primarily invest in solar, …

SEC launches probe of Exxon on Permian Basin asset valuation: WSJ

Reuters

The U.S Securities and Exchange Commission has launched an investigation of Exxon Mobil Corp , following a whistleblower complaint that the oil major over-valued a key asset in the top U.S. shale field, the Wall street Journal reported on …

U.S. rig count increased by 13 this week, at 373

Oil and Gas 360

This week’s Baker Hughes rig count shows that U.S. had an increase of 13 over last week, resulting in a total count of 373 rigs. Canada had an increase of 44 over last week, resulting in …

Oil falls as China lockdown, U.S. unemployment data temper gains

Reuters

LONDON – Oil prices fell on Friday as concerns about Chinese cities in lockdown due to coronavirus outbreaks tempered a rally driven by strong import data from the world’s biggest crude importer and U.S. plans for a large stimulus …