Calgary, Alberta–(Newsfile Corp. – March 7, 2023) – Pine Cliff Energy Ltd. ( TSX: PNE ) (” Pine …
Full year 2022 revenue, net income and adjusted EBITDA A of $593.4 million, $14.4 million and…
Continues to Build Scale Accretively Through Acquire and Exploit Investment Strategy Report…
Oil Price The Vogtle Unit 3 nuclear power reactor has safely reached initial criticality, a milestone toward full commercial operations expected later this year in what would be the first new nuclear reactor in the United States starting activity since 2016. Vogtle Unit 3 has safely reached initial criticality, Georgia Power, Southern Nuclear, and Westinghouse Electric Company said this week. Initial criticality
World Oil (Bloomberg) – OPEC Chief Haitham Al-Ghais broke bread with U.S. shale leaders Monday night in his first meeting with the producers since he took the helm of the oil group in July. At the table, which included Occidental Petroleum Corp. CEO Vicki Hollub and Pioneer Natural Resources CEO Scott Sheffield, talk centered on concerns about global supply. “There’s
CNBC As oil prices surge to the highest levels since 2008, Occidental Petroleum CEO Vicki Hollub said U.S. producers cannot increase output right away. “We’re in a really dire situation,” she said Tuesday at CERAWeek by S&P Global. “We’ve never faced a scenario where we need to grow production, when actually supply chains not only in our industry but every
World Oil (Bloomberg) – Guyana is planning another auction of prospective oil-field leases next year as the world’s fastest-growing economy seeks to maintain the pace of development, Vice President Bharrat Jagdeo said. The country’s first auction is expected to take place by the end of May after being delayed by a few weeks as the government finalizes contract terms and
Oil Price Energy shortages are likely to persist this year in various parts of the world because of project delays resulting from continued supply chain challenges – the legacy of the pandemic lockdowns – as well as lower Russian gas supplies to Europe and extreme weather. This is according to management consultancy Brunel, which just published its 2023 Energy Outlook
World Oil (WO) – The latest analysis from McKinsey & Company (McKinsey) reveals that oil and gas industry costs could increase between 6 to 10% in 2023 due to labor uncertainties and raw-materials inflation. The analysis uncovers that primary operation tasks, such as regular inspections and maintenance, are becoming more expensive as labor rates grow upwards of 9 percent per
BOE Report Oil prices edged lower on Tuesday as a stronger U.S. dollar and weak oil data from top crude importer China shifted momentum after five days of gains. U.S. West Texas Intermediate crude was down 41 cents, or 0.51%, at $80.01. Brent crude futures fell 53 cents, or 0.61%, to $85.65 a barrel. Prices declined as the U.S. dollar rose ahead
Phoenix, Arizona–(Newsfile Corp. – March 7, 2023) – SkySkopes Holdings, the ownership group of S…
Next-generation offering gives utilities new levels of reliability and resilience with data visib…
