September 13, 2022 – Oil & Gas 360

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

September 13, 2022

Canacol is the largest independent onshore conventional natural gas exploration and production company in Colombia, supplying approximately 20%2 of the country’s gas needs. Our goal is to continue to grow our gas production business in a manner to maximize return to our shareholders, while at the same time becoming a leader in our commitment to the environment, the communities we

Exclusive: Wasatch Energy Management at EnerCom Denver-The Energy Investment Conference

September 13, 2022

Wasatch Energy Management, LLC (“WEM”) is a Utah-based oil and gas management company. We operate with absolute integrity, provide superior returns to our investors and partners and strive to make an impact for good in the world. About EnerCom, Inc. Founded in 1994, EnerCom, Inc. is an internationally recognized management consultancy advising companies on Environmental, Social & Governance (ESG), investor

This large U.S. Driller just made a big move into LNG

September 13, 2022

Oil Price Devon Energy, (NYSE: DVN), announced a deal with Delfin Midstream (privately held) on Monday September, 5th, to buy into a Floating Liquefied Natural Gas-FLNG vessel, yet to be FID’d and constructed. The financial terms were not released, but this certainly involves a major cash commitment from Devon. In what amounts to a delayed reaction, in the absence of other

Investors with $39 trillion urge governments to plan fossil fuel phase out

September 13, 2022

Nasdaq BOSTON/LONDON – Investors managing $39 trillion have called on governments to raise their climate ambition, including setting plans to phase out fossil fuel use and forcing companies to set out science-based transition plans. The move by some – but not all – top fund firms comes ahead of the next round of global climate talks in Egypt in

OPEC sticks to oil demand growth view, sees pre-pandemic demand in 2023

September 13, 2022

Reuters LONDON : OPEC cut its forecast for growth in world oil demand in 2022 for a third time since April, citing the economic impact of Russia’s invasion of Ukraine, high inflation and ongoing efforts to contain the coronavirus pandemic. In a monthly report on Thursday, the Organization of the Petroleum Exporting Countries (OPEC) said it expects oil demand to

Oil eases after bearish U.S. economic data

September 13, 2022

US News LONDON – Oil prices eased on Tuesday, reversing earlier gains, as U.S. consumer prices unexpectedly rose in August, giving cover for the U.S. Federal Reserve to deliver another hefty interest rate increase next week. Brent crude was down 62 cents, or 0.7%, to $93.38 a barrel at 1407 GMT, while WTI crude fell 30 cents, or 0.3%, to

Canadian Overseas Petroleum increases reserves, values after Cuda Energy acquisition

September 13, 2022

World Oil Canadian Overseas Petroleum Limited, an international oil and gas exploration, production and development company with operations focused in Wyoming, United States, announced a material increase to its oil and gas reserves and net revenue resulting from the acquisition of the assets of Cuda Energy LLC. The company has received a Reserve Report prepared by Ryder Scott Company

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