Oil and Gas 360 This week’s Baker Hughes rig count shows that U.S. had an increase of 4 over last week, resulting in a total count of 479 rigs. Canada had an increase of 1over last week, resulting in a total Canadian count of 137 rigs. Breakdown by region Of the regions tracked by Baker Hughes, only the Utica experienced
Prolonged supply cuts along with rising demand should drive oil prices higher in the coming m…
Reuters MILAN – Eni ENI.MI has agreed to buy one of the largest onshore wind portfolios in Italy from fund manager Glennmont Partners as part of plans to expand its green energy business. The Italian energy group will buy a 315 megawatt portfolio comprising 13 plants, taking its overall wind capacity in Italy to 350 MW, it said in a statement
Shares of USA Compression Partners LP Representing Limited Partner Interests (NYSE:USAC) …
Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) announced to…
Reuters LONDON – U.S. petroleum inventories have fallen below the pre-pandemic five-year average with consumption accelerating but crude producers slow to respond to rising prices, signalling more supply is needed. Total stocks of crude and refined products outside the strategic petroleum reserve fell by 10 million barrels last week and are now down by 188 million barrels compared with the
Oil prices have been soaring this year as the global economy reopened. The rise in oil has dr…
Reuters U.S. Treasury Secretary Janet Yellen called on Friday for better international coordination on carbon-cutting policies to avoid trade frictions, days before the European Union is due to unveil a controversial carbon border tax. The EU’s carbon border adjustment mechanism (CBAM) would impose levies on the carbon content of imported goods in an effort to discourage “carbon leakage”, the transfer of production to countries with
SEATTLE, July 09, 2021 (GLOBE NEWSWIRE) — Global Vinyl Acetate Monomer Market is estimated…
Nasdaq BRUSSELS/LONDON – A European Union plan to extend carbon pricing to the fuel used in cars and to heat homes is facing a wall of early resistance from countries and lawmakers fearing a public pushback unless backers find ways to compensate those worst hit. According to leaked drafts, the scheme would set up an Emissions Trading Scheme (ETS) for
A small Canadian oil explorer may have shocked the industry this year when it published ini…
FN Media Group Presents Oilprice.com Market Commentary London – July…
