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February 14, 2023

Talos Energy completes acquisition of EnVen Energy Corporation- oil and gas 360

Talos Energy completes acquisition of EnVen Energy Corporation

February 14, 2023

Oil and Gas 360 HOUSTON, Feb. 13, 2023 /PRNewswire/ — Talos Energy Inc. (“Talos” or the “Company”) (NYSE: TALO) announced the completion of its previously announced acquisition of EnVen Energy Corporation (“EnVen”).     The Company expects to provide 2023 financial and operational guidance for the combined company to investors concurrently with the fourth quarter and full year 2022 earnings press release

API voices concerns about EPA’s proposed methane rule- oil and gas 360

API voices concerns about EPA’s proposed methane rule

February 14, 2023

World Oil WASHINGTON D.C. – The American Petroleum Institute (API) responded to the U.S. Environmental Protection Agency’s (EPA) proposed methane rule during a press conference on Monday, Feb. 13.   The talk was led by API Senior Vice President Frank Macchiarola, who outlined several concerns with the EPA’s proposed rule that, if enacted without modification, could create barriers to the

Low U.S. natural gas prices to spur gas-fired power generation

February 14, 2023

Oil Price U.S. electricity generators are expected to use more natural gas at the expense of coal in the coming months due to the falling prices of domestic natural gas futures.   The benchmark U.S. natural gas prices have slumped to the lowest in years in recent weeks due to a mild start to January, consistently high supply, and an

Oil prices fall on U.S. crude reserve release- oil and gas 360

Oil prices fall on U.S. crude reserve release

February 14, 2023

BOE Report Oil prices fell on Tuesday after the U.S. government said it would release more crude from its Strategic Petroleum Reserve (SPR) as mandated by lawmakers, defying expectations from some traders that the release could be cancelled or delayed. U.S. West Texas Intermediate Crude futures fell by $1.40, or 1.77%, to $77.72 per barrel. Brent crude futures fell by

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