Suncor Energy Closes Purchase of Additional Interest in Fort Hills Project
February 2, 2023
All financial figures are in Canadian dollars Calgary, Alberta–(Newsfile Corp. – February 2, 2…
Three Crown Petroleum to participate in NAPE February 2-3, 2023
February 2, 2023
Oil and Gas 360 Stop by Booth 1631 for a chance to win a Beretta 686 Silver Pigeon 12Ga Shotgun For immediate release: STEAMBOAT SPRINGS, Colorado – February 1, 2023 – Three Crown Petroleum (“Three Crown” or the “Company”) announced today that it will be participating in NAPE on February 2-3, 2023. As part of its participation in NAPE, management
Shell 2022 profit more than doubles to record $40 billion
February 2, 2023
Investing LONDON – Shell (LON:RDSa) delivered a record $40 billion profit in 2022, the energy giant said on Thursday, capping a tumultuous year in which a surge in energy prices after Russia’s invasion of Ukraine allowed it to hand shareholders unprecedented returns. The British company’s record earnings, which more than doubled from a year earlier, mirror those reported by U.S.
OPEC’s oil production drops in January as Saudi Arabia cuts output
February 2, 2023
Oil Price OPEC’s crude oil production fell in January by around 60,000 barrels per day (bpd) due to cuts by top producer Saudi Arabia which may have been steeper than the Kingdom’s quota, a survey carried out by Bloomberg showed on Thursday. The entire OPEC-13 organization saw crude oil production drop to 29.12 million bpd due to lower output from Saudi Arabia
ConocoPhillips joins rivals with bumper profit on higher energy prices
February 2, 2023
Yahoo Finance ConocoPhillips said on Thursday profit more than doubled to $18.7 billion in 2022, the highest since the company spun off its refining business in 2012, as the oil producer benefited from stronger prices on tight supplies and robust demand. Global crude oil prices climbed 10.45% in 2022, thanks to a surge in demand from economies rebounding after the
U.S. LNG exports drop as domestic demand climbs
February 2, 2023
Oil Price Exports of liquefied natural gas (LNG) out of the United States dropped by 5% in January compared to December amid higher U.S. demand in colder weather, according to data from Refinitiv Eikon cited by Reuters. U.S. exporters sent out 95 cargoes with 6.84 million tons of LNG on board in January, with Europe getting 68% of those and Asia
Oil slips as Russian oil products ban looms
February 2, 2023
BOE Report Oil prices slipped on Thursday as looming sanctions on Russian oil products added uncertainty over supply and a build in U.S. fuel stocks suggested sluggish demand despite signs of global economic recovery. U.S. West Texas Intermediate Crude futures lost 41 cents, or 0.53%, to $76.25. Brent crude futures fell 42 cents, or 0.51%, to $82.51 a barrel. Both
Weekly Gas Storage: Inventories decrease by 151 Bcf
February 2, 2023
Natural Gas Inventories as of January 27, 2023 The EIA has released its natural gas inventory report, showing a net decrease of 151 Bcf as of January 27, 2023. Working gas in storage was 2,583 Bcf as of Friday, January 27, 2023, according to EIA estimates. This represents a net decrease of 151 Bcf from the previous week. Stocks were
SHELL PLC 4th Quarter 2022 and Full year unaudited results
February 2, 2023
1.Q4 on Q3 change Quarter Analysis1 Income attributable to Shell plc shareholders , c…
