Northern Oil and Gas, Inc. Announces Pricing of Public Offering of Common Stock
November 17, 2021
Northern Oil and Gas, Inc. (NYSE American: NOG) (the “Company”) announced…
Centaurus Energy Inc. Announces 2021 Third Quarter Financial Results and Operational Update
November 17, 2021
Buenos Aires, Argentina–(Newsfile Corp. – November 17, 2021) – Centaurus Energy Inc. (TSXV: C…
Crude oil price outlook: balance expected in the foreseeable future
November 17, 2021
Crude oil price is on a decline as several agencies forecast increased supply in th…
Bill Gates’ TerraPower will build its first advanced nuclear reactor in a coal town in Wyoming
November 17, 2021
CNBC TerraPower, a start-up co-founded by Bill Gates to revolutionize designs for nuclear reactors, has picked Kemmerer, Wyoming, as the preferred location for its first demonstration reactor. It aims to build the plant in the frontier-era coal town by 2028. Constructing the plant will be a job bonanza for Kemmerer, with 2,000 workers at its peak, said TerraPower CEO Chris Levesque in a
Analysis: LNG markets eye record prices in race to replenish stocks
November 17, 2021
Reuters LONDON – Liquefied natural gas (LNG) prices face a quick return to recent record highs as cold weather approaches the Northern Hemisphere and surging power demand and depleted gas storage heightens the global energy crunch, particularly in Europe. This year’s power price shock has seen several domestic energy suppliers go out of business, while heavy industry curtailed output in
Biden asks FTC to investigate ‘illegal conduct’ by oil, gas companies as prices surge
November 17, 2021
Fox Business President Biden on Wednesday called for the Federal Trade Commission to probe whether oil and gas companies are engaging in criminal conduct by profiting from artificially high prices at the pump, even as wholesale fuel costs decline. Biden – under mounting political pressure with inflation at the highest rate in more than three decades – urged FTC Chair Lina Khan in a
U.S. offshore oil auction begins under court order, shadow of climate deal
November 17, 2021
Nasdaq Nov 17 – The Biden administration on Wednesday will auction oil drilling rights to 80 million acres in the U.S. Gulf of Mexico days after joining a global agreement that for the first time targeted fossil fuels as the main driver of global warming. The sale by the Department of Interior will be the first under President Joe
4 Top Dividend Stocks Poised for Gains
November 17, 2021
Factors including rising inflation, supply chain disruptions, and the Fed’s tapering a…
Rosneft says OPEC under-investment could lead to $120 oil in 2022
November 17, 2021
World Oil MOSCOW (Bloomberg) – Global oil prices may rise to as high as $120 by the middle of next year as the ability of OPEC+ to meet demand is at risk from under-investments and sanctions, according to a Rosneft PJSC executive. “Today OPEC+ countries can’t increase production to the extent necessary to meet demand,” Otabek Karimov, the Russian
U.S. crude oil inventories decrease by 2.1 million barrels
November 17, 2021
Weekly Crude Oil Storage as of November 12, 2021 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 2.1 million barrels from the previous week. At 433.0 million barrels, U.S. crude oil inventories are about 7% below the five year average for this time of year, according to the EIA crude oil and petroleum
