World Oil (Bloomberg) –China slashed its fuel export quota by more than half in the first batch of allocations for 2022, highlighting the nation’s strategy of progressively limiting overseas sales. A total of 13 million tons were issued, including both general trade and tolling issuances, according to refinery officials who have direct knowledge of the matter. That’s 56% less than
Kohler Co. Acquires Heila Technologies to Expand its Clean Energy Management Offering …
Hess Corporation (NYSE: HES) announced today that John Hess, Chief Executive Officer, w…
Reuters The Canadian dollar strengthened against its U.S. counterpart on Tuesday, with the currency clawing back some of its decline from the prior day as oil prices rose and domestic data showed factory activity expanding at the slowest pace in five months. The price of oil, one of Canada’s major exports, rose as OPEC+ producers agreed to stick with their
World Oil (Bloomberg) –Oil exports from Venezuela doubled in December from a year earlier as the country raises production of revenue-generating hydrocarbons in defiance of U.S. sanctions. Shipments averaged 619,000 barrels a day in December. The OPEC-founding member increased exports for a third straight month with the support of ally Iran, which boosted the supply of a key ingredient that
Duke Energy announces dividend payments to shareholders PR Newswire C…
Lime Rock Resources Acquires Two Properties for $358.5 Million PR Newswire …
Nasdaq LONDON, Jan 4- Portfolio investors have started to rebuild bullish positions in the oil market, reassessing earlier fears about the likely impact of the Omicron variant of coronavirus on major economies and passenger aviation in 2022. Hedge funds and other money managers purchased the equivalent of 54 million barrels in the six most important petroleum futures and options contracts
Toronto, Ontario–(Newsfile Corp. – January 4, 2022) – KWG Resources Inc. (CSE: KWG) (C…
Schneider Electric CES 2022: Leading Sustainability and the Homes of the Future …
Shares of Whiting Petroleum Corporation (New) (NYSE:WLL) traded at a new 52-week high tod…
CNBC An influential group of some of the world’s largest oil producers agreed on Tuesday to stick to its planned increase in oil production from February as energy investors weigh the potential impact of soaring omicron Covid cases. OPEC and its non-OPEC allies, known collectively as OPEC+, decided to raise its output target by 400,000 barrels per day from next
