Archive for June, 2021

Source: Reuters

Oil firms as demand hopes outweigh rise of COVID-19 variant

Reuters


LONDON – Oil prices rose on Tuesday as broad hopes for a demand recovery persisted despite new outbreaks of the highly contagious Delta variant of the coronavirus prompting fresh mobility curbs worldwide.

Brent crude futures were up 50 cents, …

3 Safe Canadian Dividend Stocks to Buy in July 2021

Dividend-paying stocks generally outperform broader markets in the very long term. They are…

June 29, 2021 - 10:30 am Oil Sands, Press Releases
Enverus acquires marginal unit to address power congestion, predictability and price impact

Enverus acquires marginal unit to address power congestion, predictability and price impact

Oil and Gas 360


Austin, Texas (June 29, 2021) — Enverus, a leading global energy data and SaaS technology company, announced today that it has acquired Marginal Unit Inc., a power market analytics firm that helps users understand the …

Benzinga’s Top Ratings Upgrades, Downgrades For June 29, 2021

Benzinga’s Top Ratings Upgrades, Downgrades For June 29, 2021

June 29, 2021 - 10:03 am 360 Company Releases
Source: Reuters

OPEC bullish on oil market recovery but virus variants pose risk

Reuters


LONDON – OPEC sees a strong rebound in oil demand in the second half of 2021 with oil inventories shrinking but the producer group also sees coronavirus variants posing a risk to the recovery.

Demand in 2021 was expected …

INVESTIGATION ALERT: Halper Sadeh LLP Investigates NCBS, GRA, EQT, HOME; Shareholders are Encouraged to Contact the Firm

INVESTIGATION ALERT: Halper Sadeh LLP Investigates NCBS, GRA, EQT, HOME; Shareholders are Encouraged to Contact the Firm

June 29, 2021 - 9:00 am 360 Company Releases
Occidental Announces Cash Tender Offers and Consent Solicitations for Certain of its Senior Notes

Occidental Announces Cash Tender Offers and Consent Solicitations for Certain of its Senior Notes

HOUSTON, June 29, 2021 (GLOBE NEWSWIRE) — Occidental (NYSE: OXY) today announced that …

June 29, 2021 - 8:00 am Finance, Press Releases

How to Play the Coming Oil Shortage (VKIN, PDCE, SWN, PBF, CEI, CPE, SM)

How to Play the Coming Oil Shortage (VKIN, PDCE, SWN, PBF, CEI, CPE, SM)

June 29, 2021 - 7:58 am 360 Company Releases

How to Play the Coming Oil Shortage (VKIN, PDCE, SWN, PBF, CEI, CPE, SM)

How to Play the Coming Oil Shortage (VKIN, PDCE, SWN, PBF, CEI, CPE, SM)

June 29, 2021 - 7:58 am 360 Company Releases

How to Play the Coming Oil Shortage (VKIN, PDCE, SWN, PBF, CEI, CPE, SM)

How to Play the Coming Oil Shortage (VKIN, PDCE, SWN, PBF, CEI, CPE, SM)

June 29, 2021 - 7:58 am 360 Company Releases

How to Play the Coming Oil Shortage (VKIN, PDCE, SWN, PBF, CEI, CPE, SM)

How to Play the Coming Oil Shortage (VKIN, PDCE, SWN, PBF, CEI, CPE, SM)

June 29, 2021 - 7:58 am 360 Company Releases

Innovative solutions for sustainable oil

Calgary, AB, Canada, June 29, 2021 (GLOBE NEWSWIRE) — Calgary, AB, Canada – Inv…

June 29, 2021 - 6:00 am Oil Sands, Press Releases
Natural Surfactants Market Worth USD 24.78 Billion at 3.9% CAGR by 2028; Owing to Surging Demand for Oilfield Chemicals in Europe, Says Fortune Business Insights

Natural Surfactants Market Worth USD 24.78 Billion at 3.9% CAGR by 2028; Owing to Surging Demand for Oilfield Chemicals in Europe, Says Fortune Business Insights

Pune, India, June 29, 2021 (GLOBE NEWSWIRE) — The global natural surfactants market si…

June 29, 2021 - 4:00 am Oil Sands, Press Releases

Current report pursuant to Section 13 or 15(d) – Form 8-K

Current report pursuant to Section 13 or 15(d) – Form 8-K

June 29, 2021 - 3:00 am 360 Company Releases

Christina Lake Cannabis Increases Average THC Concentration of Distillate Oils to 90.4%

Christina Lake Cannabis Increases Average THC Concentration of Distillate Oils to 90.4%

June 29, 2021 - 1:00 am 360 Company Releases
We’re Back! Preliminary list of participating companies posted for EnerCom’s The Oil & Gas Conference

We’re Back! Preliminary list of participating companies posted for EnerCom’s The Oil & Gas Conference

Oil & Gas 360


EnerCom, Inc. published a preliminary list of participating companies for The Oil and Gas Conference today.  We are adding to the list daily and hope that you will be able to attend this year.  

 

 …

Source: Reuters

Aramco sees major hydrogen market forming amid historic pressure test for Big Oil

CNBC


Saudi Arabia’s oil giant Aramco is stepping up efforts to promote initiatives in hydrogen technology and investments to reduce carbon emissions, after a harrowing investor smackdown for Big Oil.

“Hydrogen is real,” Aramco Chief Technology Officer Ahmad Al Khowaiter …

Source: Reuters

Column: Commodity outperformance switching to energy from metals

Reuters


LAUNCESTON – The rally in commodity prices is likely to see a shift from metals to energy resources, such as crude oil, liquefied natural gas (LNG) and coal, according to the latest forecasts from the Australian government.

While the …

Chart of the Week: Retail vs. Institutional Investors in Energy

Chart of the Week: Retail vs. Institutional Investors in Energy

By Andrew Nichols: EnerCom

Traditionally, individuals make their investments by hiring a professional organization to manage their money in the market and make decisions on their behalf. Institutional investing is not the only way to buy into the market though. …

June 28, 2021 - 1:10 pm Analytics, Chart of Week, Oil and Gas 360 Articles
Source: Reuters

EU countries approve landmark climate change law

Reuters


BRUSSELS – European Union countries on Monday gave the final seal of approval to a law to make the bloc’s greenhouse gas emissions targets legally binding, as EU policymakers prepare a huge new package of policies to fight climate …

Source: Reuters

Russia struggles to raise oil output despite price rally – sources

Reuters


MOSCOW – Russian oil production has declined so far in June from average levels in May despite a price rally in oil market and OPEC+ output cuts easing, two sources familiar with the data told Reuters on Monday.

Russia’s …

Shares of Rice Acquisition Corp. Class A (RICE) Rise Above Previous 52-Week High

Shares of Rice Acquisition Corp. Class A (RICE) Rise Above Previous 52-Week High

June 28, 2021 - 11:40 am 360 Company Releases
Source: Reuters

Old, small and CO2-intense: why Canada’s highest-carbon oil sites keep pumping

Reuters


WINNIPEG, Manitoba – In the shadow of Canada’s mega oil sands projects, smaller, technologically outdated facilities are churning out up to three times more emissions per barrel than the sector’s already high average.

These projects present another challenge to …

Pilot Company Announces Year-Round Discount for Military and Veterans at Travel Centers Nationwide Through ID.me

Pilot Company Announces Year-Round Discount for Military and Veterans at Travel Centers Nationwide Through ID.me

Pilot Company Announces Year-Round Discount for Military and Veterans at Travel Centers N…

June 28, 2021 - 10:10 am Press Releases
Source: Reuters

U.S. shale industry tempers output even as oil price jumps

Reuters


Even with oil prices surging toward $75 a barrel, U.S. shale producers are keeping their pledges to hold the line on spending and keep output flat, a departure from previous boom cycles.

This year’s run up in crude prices, …

Énergir Inc. Announces an Equity Offering of Energir L.P. of a Total Amount of $ 125 Million by Way of Private Placement

Énergir Inc. Announces an Equity Offering of Energir L.P. of a Total Amount of $ 125…

June 28, 2021 - 10:00 am Finance, Press Releases
Merger of Duff & Phelps Select MLP and Midstream Energy Fund Inc. Into Virtus Duff & Phelps Select MLP and Energy Fund Completed; Share Conversion Price Announced

Merger of Duff & Phelps Select MLP and Midstream Energy Fund Inc. Into Virtus Duff & Phelps Select MLP and Energy Fund Completed; Share Conversion Price Announced

Merger of Duff & Phelps Select MLP and Midstream Energy Fund Inc. Into Virtus Duff &a…

June 28, 2021 - 10:00 am Press Releases
Shoal Point to Drill Third Mount Evans Well

Shoal Point to Drill Third Mount Evans Well

Vancouver, British Columbia–(Newsfile Corp. – June 28, 2021) – Mark Jarvis, CEO of Shoal Poin…

June 28, 2021 - 9:51 am Press Releases
7 of the Hottest Energy Stocks to Buy This Summer

7 of the Hottest Energy Stocks to Buy This Summer

InvestorPlace – Stock Market News, Stock Advice & Trading Tips It doesn’t take …

June 28, 2021 - 9:47 am Press Releases

7 of the Hottest Energy Stocks to Buy This Summer

7 of the Hottest Energy Stocks to Buy This Summer

June 28, 2021 - 9:47 am 360 Company Releases