Suncor Energy Responds to Fatality at Base Plant Mine
July 7, 2022
To focus on response and caring for our people, Oil Sands Operations Presentation postponed …
Energy Stocks: 2 Top Picks for Dividend Investors
July 7, 2022
The pullback in the energy sector is giving dividend investors a chance to buy top TSX stoc…
Oil and gas production creates record tax revenue for State of Texas
July 7, 2022
World Oil AUSTIN – Railroad Commission of Texas Chairman Wayne Christian applauds the Texas oil and gas industry following the Texas Comptroller of Public Accounts’ announcement of record-breaking tax revenues from the industry. “Despite President Biden’s delusional desire to transition away from fossil fuels, Comptroller Hegar’s announcement reinforces the fact that oil and gas literally fuels every facet of our lives
U.S. and allies discuss capping Russian oil prices to diminish war financing
July 7, 2022
World Oil (Bloomberg) — The U.S. and its allies have discussed trying to cap the price on Russian oil between $40 and about $60 a barrel, according to people familiar with the matter. Allies have been exploring several ways to limit Russia’s oil revenues while minimizing the impact on their own economies in discussions that began in the run-up
Weekly Gas Storage: Inventories increase by 60 Bcf
July 7, 2022
Natural Gas Inventories as of July 1, 2022 The EIA has released its natural gas inventory report, showing a net increase of 60 Bcf as of July 1, 2022. Working gas in storage was 2,311 Bcf as of Friday, July 1, 2022, according to EIA estimates. This represents a net increase of 60 Bcf from the previous week. Stocks were
U.S. crude oil inventories increase by 8.2 million barrels
July 7, 2022
Weekly Crude Oil Storage as of July 1, 2022 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 8.2 million barrels from the previous week. At 423.8 million barrels, U.S. crude oil inventories are about 10% below the five year average for this time of year, according to the EIA crude oil and petroleum
Oil up nearly $5 as tight supply outweighs recession fears
July 7, 2022
Reuters Oil prices rose steeply on July 7 after sharp losses in the previous two sessions, as investors returned their focus to tight supply even as fears of a global recession persisted. Brent Crude futures were up $4.68, or 4.7 percent, at $105.37 a barrel by 1400 GMT. WTI crude futures climbed $5.11, or 5.2 percent, to $103.64 a
Shell to build Europe’s ‘largest’ renewable hydrogen plant to help power Dutch refinery
July 7, 2022
CNBC Plans to build a major hydrogen plant in the Netherlands will go ahead following a final investment decision by subsidiaries of oil and gas giant Shell. In an announcement Wednesday, Shell said the Holland Hydrogen I facility would be “Europe’s largest renewable hydrogen plant” when operations start in 2025. According to Shell, the 200 megawatt electrolyzer will be located
Hospital PMI® at 58%; June 2022 Hospital ISM® Report On Business®
July 7, 2022
Hospital PMI® at 58%; June 2022 Hospital ISM® Report On Business® …
Chevron looks to revamp Venezuela oil pact to boost output
July 7, 2022
World Oil (Bloomberg) — Chevron Corp. wants more control over the oil it produces in Venezuela, a move that would help the driller boost output and recover debt if the US eases sanctions amid a global fuel crunch. The energy giant is seeking to take charge of production, shipment and sales of its Venezuelan crude, according to people familiar with the
Southern Energy Corp. Announces Completion of Fundraising and Premium to NYMEX Pricing Contract
July 7, 2022
Defined terms used in this announcement have the same meaning as given to them in the Compan…
Enterprise Increases Quarterly Distribution
July 7, 2022
Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) announced to…
