September 9, 2022 - Oil & Gas 360

Exclusive: Private Company Panel at EnerCom Denver-The Energy Investment Conference

September 9, 2022

COMPANIES FROM THE E&P, MID-STREAM, AND OILFIELD SERVICE SECTORS COME TOGETHER TO DISCUSS OPPORTUNITIES AND CHALLENGES THEY ARE PRESENTLY FACING. MODERATED BY MOSS ADAMS. Steel Reef Infrastructure is a privately held Calgary-based midstream company. We are focused on the business of gathering, processing, transporting and storing oil, natural gas and other associated products in the Western Canadian Sedimentary Basin and

Exclusive: Baytex Energy at EnerCom Denver-The Energy Investment Conference

September 9, 2022

Baytex Energy Corp. is an oil and gas corporation based in Calgary, Alberta. The company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Approximately 83% of Baytex’s production is weighted toward crude oil and natural gas liquids. Baytex’s common

ESGBreaks – Laredo Oil Inc. (LRDC) Ideally Poised as Bullish 2023 Forecast Suggests Pricing Uptrend

September 9, 2022

Laredo Oil (OTC: LRDC) , an oil exploration and production company, is primarily focused on…

The European Central Bank won’t provide financing for energy firms

September 9, 2022

Oil Price The European Central Bank will not give short-term financing to European energy firms struggling through the energy crisis, sky-high prices, and margin calls on the derivatives markets, ECB President Christine Lagarde said on Friday. “As far as the ECB is concerned, and the national central banks of the Eurosystem, of course we stand ready to provide

Oil rebounds from 8-month low after hitting oversold territory

September 9, 2022

World Oil (Bloomberg) — Oil rebounded from an eight-month low as the market shrugged off a U.S. report showing swelling crude stockpiles and slumping demand. West Texas Intermediate advanced 2% in a move traders characterized as a technical correction following crude’s descent into oversold territory. The jump came even as US oil inventories rose 8.85 million barrels last week

U.S. rig count increased by 7, is at 580- oil and gas 360

U.S. rig count had a decrease of 1 this week, at 759

September 9, 2022

Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 1 over last week, resulting in a total count of 759 rigs. Canada had a decrease of 3e over last week, resulting in a total Canadian count of 205 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Mississippian region

LNG could be “really, really tight” this winter: Cheniere

September 9, 2022

Oil Price Limited global LNG supplies could be “really, really tight this winter, Cheniere Energy’s executive vice president for worldwide trading told Reuters on Thursday. Cheniere, the largest LNG exporter in the United States, believes that current prices indicate that LNG will continue to make its way to Europe, which has purchased 70% of Cheniere’s total production so far

Russia warns the West: energy price cap will be your undoing

September 9, 2022

Reuters LONDON – Russia warned the West on Friday that plans to try to cap the price of Russia’s oil and gas exports in retaliation for the war in Ukraine would fail and ultimately lead to the instability of the United States and Europe. The confrontation over Ukraine has prompted European Union customers to reduce their purchases of Russian

3 Top Commodity Stocks to Buy in September 2022

September 9, 2022

A commodity super cycle is a period when demand outpaces supply, leading to higher prices f…

EU to claw back energy firms’ profits rather than cap Russian gas price

September 9, 2022

Yahoo News BRUSSELS – EU energy ministers on Friday tasked the European Commission to press ahead with a cap on the revenues of non-gas power producers benefiting from soaring energy prices, while backing away from capping Russian gas prices. Seeking ways to help with rising consumer bills, the ministers asked the European Commission to prepare other emergency measures including

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