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Colorado School of Mines and EnerCom to Co-Host the Energy Venture Investment Summit - February 10-11, 2021!- oil and gas 360

EnerCom and Colorado School of Mines Co-Host the Energy Venture Investment Summit – February 10-11, 2021!

Oil & Gas 360 Publisher’s Note: Join EnerCom and Colorado School of Mines at The Energy Venture Investment Summit, on February 10-11, 2021. Please register Here to join us in February! Due to the pandemic, the conference will be hosted virtually on EnerCom’s proprietary energy news platform, Oil & Gas 360®, targeting more than 25,000 energy professionals and investors. REGISTER

OPEC crude output cuts should help U.S. shale profits in 2021- oil and gas 360

OPEC crude output cuts should help U.S. shale profits in 2021

Reuters HOUSTON – A decision by OPEC and allied countries to cut crude production through March delivered a late Christmas present for U.S. shale firms that have slashed costs, but any rise in prices spurred by the unexpected move may be just a modest stocking stuffer. U.S. crude oil production has fallen 2 million barrels per day in the last

Total adds to renewable gas push with Fonroche acquisition- oil and gas360

Total adds to renewable gas push with Fonroche acquisition

Reuters PARIS – French oil group Total said on Monday it had acquired Fonroche Biogaz, a leading producer of renewable gas in France with nearly 500 gigawatt-hours of installed capacity. The latest acquisition comes amid a broader push by the firm to build up its presence in electricity markets and in renewable energy and reduce its dependence on oil, and

Oil falls on renewed lockdowns, stronger dollar- oil and gas 360

Oil falls on renewed lockdowns, stronger dollar

Reuters LONDON – Brent crude oil prices fell as much as $1 per barrel on Monday, hit by renewed concerns about global fuel demand amid tough coronavirus lockdowns around the world, as well as a stronger U.S. dollar. Brent was down 57 cents, or 1%, at $55.42 a barrel at 1205 GMT, after falling $1 to a session low of

Column: Rapid oil price rise divides fund managers- oil and gas 360

Column: Rapid oil price rise divides fund managers

Reuters LONDON – Hedge fund managers are starting to diverge over the likelihood of further oil price increases as Brent futures surge above $50 per barrel and global coronavirus infections accelerate. Hedge funds and other money managers purchased the equivalent of 14 million barrels of futures and options in the six most important contracts in the week ending Jan. 5.

Shale gas pioneer Chesapeake Energy worth $5.13 billion on bankruptcy exit -U.S. judge

Reuters HOUSTON – Chesapeake Energy Corp’s value has soared since its June bankruptcy filing, the U.S. judge overseeing the natural gas producer’s trial indicated, and is worth $5.13 billion, far above the shale gas pioneer’s estimate. Creditors have offered sharply different estimates of the firm’s enterprise value during its trial in U.S. bankruptcy court in Houston. Judge David Jones’s figure