Targa Resources Corp. to Participate in Bank of America Energy Credit Conference
June 6, 2022
HOUSTON, June 06, 2022 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“Targa” or t…
Saudi Arabia Raises Oil Export Prices to Asian Customers
June 6, 2022
Global energy networks are facing a tectonic shift. The WTI benchmark and Brent Crude b…
Business groups urge Biden administration to support domestic energy production, offshore leasing program
June 6, 2022
World Oil The American Petroleum Institute, Consumer Energy Alliance, Louisiana Mid Continent Oil and Gas Association, National Oceanic Industry Association and U.S. Chamber of Commerce today joined with more than 80 trade groups representing a diverse cross section of industries in calling on the Biden administration to act on policies that support U.S. energy security and increase domestic production of
Canada’s oil sands prices trail futures as refining costs rise
June 6, 2022
World Oil (Bloomberg) — Canadian heavy crude prices have collapsed relative to futures prices because of high refining costs rather than the pipeline bottle necks that have plagued the industry in the past, according to a Toronto-based analyst. Western Canadian Select discount to the benchmark West Texas Intermediate grew to more than $20 barrel on Friday, the widest since November,
Beirut to invite U.S. envoy for talks over maritime spat with Israel
June 6, 2022
US News BEIRUT/JERUSALEM -Lebanon said on Monday it would invite a U.S. mediator to Beirut for negotiations over a disputed maritime boundary with Israel to prevent any escalation, after accusing Israel of encroaching on contested waters. Israel said the dispute was a civilian issue to be resolved diplomatically with U.S. mediation, dismissing the Lebanese accusation as “very far from reality”.
Biden waives solar panel tariffs for four countries, invokes defense law
June 6, 2022
Nasdaq WASHINGTON – President Joe Biden waived tariffs on solar panels from four Southeast Asian nations for two years and invoked the Defense Production Act to spur solar panel manufacturing at home, the White House said on Monday, confirming a Reuters report. The tariff exemption applies to panels from Cambodia, Malaysia, Thailand and Vietnam and will serve as a “bridge” while
2 Great TSX Dividend Stocks to Buy for TFSA Passive Income
June 6, 2022
Pensioners and other TFSA investors are searching for quality dividend stocks that will gen…
Why Diamondback Energy Stock Surged 20% in May
June 6, 2022
Shares of oil producer Diamondback Energy (NASDAQ: FANG) soared by 20.4% …
The U.S. may never build a new refinery, Chevron CEO says
June 6, 2022
World Oil (Bloomberg) — There may never be a new refinery built in the US despite surging gasoline prices as policymakers move away from fossil fuels, according to Chevron Corp. “We haven’t had a refinery built in the United States since the 1970s,” Chief Executive Officer Mike Wirth said in an interview on Bloomberg TV. “My personal view is there will never
2 Oil & Gas Stocks Target the Highest Dividend Level
June 6, 2022
The Organization of the Petroleum Exporting Countries (OPEC) has agreed to pump more crude …
Oil tops $120 a barrel on Saudi pricing despite OPEC+ deal
June 6, 2022
CNBC Oil prices topped $120 a barrel in choppy trade on Monday buoyed by Saudi Arabia raising its July crude prices but amid doubts that a higher output target for OPEC+ oil producers would ease tight supply. Brent crude touched an intraday high of $121.95 per barrel before trading flat at $119.61. U.S. West Texas Intermediate (WTI) crude futures rose
5 Energy Stocks to Buy This Summer to Combat Scorching Inflation
June 6, 2022
The inflation report expected this week is expected to be on par with the previous month, rep…
