Bengal Energy Announces Fiscal 2023 Third Quarter Results
February 8, 2023
Calgary, Alberta–(Newsfile Corp. – February 8, 2023) – Bengal Energy Ltd. (TSX: BNG) (“Bengal”…
Dexterra Group Announces CEO Transition
February 8, 2023
Toronto, Ontario–(Newsfile Corp. – February 8, 2023) – Dexterra Group Inc. (TSX: DXT) (“Dexterra…
EnerCom announces The Energy Venture Investment Summit 2023 will now be part of the EnerCom Dallas Investor Conference April 18 -19, 2023 at Hotel Crescent Court, uptown Dallas
February 8, 2023
Oil and Gas 360 Dates and Location for The Energy Venture Investment Summit 2023 have been Changed. Qualified Investors can now Register to Attend this Event as Part of EnerCom Dallas – The Energy Investment and ESG Conference at www.enercomdallas.com. The Energy Venture Investment Summit Brings Entrepreneurs and Energy Investors Together to Share Innovative Ideas and Provide Capital to Companies
Big oil doubles profits in blockbuster 2022
February 8, 2023
Nasdaq LONDON – Big Oil more than doubled its profits in 2022 to $219 billion, smashing previous records in a year of volatile energy prices where Russia’s invasion of Ukraine reshaped global energy markets and, in some cases, the industry’s climate ambitions. The profit surge gave the oil companies scope to increase spending on oil and gas projects, and a
Lost Russian oil revenue is bonanza for shippers, refiners
February 8, 2023
Nasdaq LONDON – Western sanctions on Russia have significantly reduced state oil revenues and diverted tens of billions of dollars towards shipping and refining firms, some with Russian connections. Most of the winners from the sanctions are based in China, India, Greece and the United Arab Emirates, at least 20 trading and banking sources said. A handful are partly owned
Renewable energy surge signals a tipping point for power sector emissions
February 8, 2023
Oil Price An expected surge in renewables electricity generation over the next few years signals that the world is close to the tipping point of emissions in the power sector, the International Energy Agency (IEA) said on Wednesday. In its Electricity Market Report 2023 published today, the agency expects significant growth in renewables over the next three years which will raise their share of
North Dakota’s aging Bakken shale field “holding back” U.S. oil production
February 8, 2023
World Oil (Bloomberg) – North Dakota’s Bakken shale field — once the largest and busiest American shale patch — is showing signs of age, threatening to hold back U.S. oil production as the world thirsts for more crude. Mature wells that are producing more gas than expected are hurting crude output from the Bakken, the Energy Information Administration said in
A-Mark Foundation Report Examines the Influence of Supreme Court Law Clerks on Rulings That Impact the Nation
February 8, 2023
Santa Monica, California–(Newsfile Corp. – February 8, 2023) – A report from the A-Mark Foundati…
TotalEnergies doubles profits in its best year ever
February 8, 2023
Oil Price TotalEnergies (NYSE: TTE) saw its net profit double in 2022 to a record $36.2 billion and announced an increase in dividends and share repurchases after the best annual results for the company and for Big Oil ever. The French supermajor reported on Wednesday $36.2 billion in adjusted net income for 2022, double from a year earlier, thanks to higher oil
U.S. crude oil inventories increase by 2.4 million barrels
February 8, 2023
Weekly Crude Oil Storage as of February 3, 2023 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 2.4 million barrels from the previous week. At 455.1 million barrels, U.S. crude oil inventories are about 4% above the five year average for this time of year, according to the EIA crude oil and
Oil climbs 3rd day on subdued dollar, U.S. crude stocks’ drop
February 8, 2023
BOE Report Oil prices rose early on Wednesday, extending gains from the previous two days, as the dollar fell after Federal Reserve Chair Jerome Powell sounded less hawkish on interest rates than markets had expected and as U.S. crude stocks surprisingly fell. U.S. West Texas Intermediate (WTI) crude futures advanced by 49 cents, or 0.63%, to $78.02 a barrel, after
Graphano Drilling Results Show Great Potential for Zone 3 at LAB Graphite Project
February 8, 2023
Vancouver, British Columbia–(Newsfile Corp. – February 8, 2023) – Graphano Energy Ltd. (T…
