Alpine Summit Energy Partners Announces Results of AGM
May 26, 2023
Nashville, Tennessee and Vancouver, British Columbia–(Newsfile Corp. – May 26, 2023) – Alpine Su…
Oil, gas coalition approves orphan well plugging resolution offered by Texas Railroad Commissioner
May 26, 2023
World Oil This week, the Interstate Oil and Gas Compact Commission (IOGCC) approved Resolution 23.053 offered by Texas Railroad Commissioner Jim Wright, urging the U.S. Department of the Interior to follow the statutory language passed by Congress with respect to the Federal Orphan Well Plugging Program in the Infrastructure Investment and Jobs Act. The IOGCC is comprised of more than
U.S. rig count had a decrease of 9 this week, at 711
May 26, 2023
Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 9 over last week, resulting in a total count of 711 rigs. Canada had a decrease of 2 over last week, resulting in a total Canadian count of 87 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Eagle Ford,
Suncor Energy Provides Update on Acquisition of TotalEnergies’ Canadian Operations
May 26, 2023
Calgary, Alberta–(Newsfile Corp. – May 26, 2023) – Suncor Energy (TSX: SU) (NYSE: SU) (“Suncor”)…
Billionaire Carlos slim buys stake in huge Mexican oilfield
May 26, 2023
Oil Price Talos Energy is selling 49.9% of its Mexican subsidiary to a unit of Grupo Carso, owned by billionaire Carlos Slim, with which the buyer gets access to the huge Zama oilfield offshore Mexico. Talos Energy on Thursday announced that Zamajal, a wholly owned subsidiary of Grupo Carso, has agreed to acquire a 49.9% interest in Talos’ Mexican subsidiary, Talos
Norway targets U.S. oil majors as climate activist resolution boosted at TotalEnergies
May 26, 2023
Nasdaq Pressure mounted on oil majors on Friday as Norway’s giant sovereign wealth fund said it would vote against CEOs at Chevron CVX.N and Exxon XOM.N and support for a climate activist resolution at TotalEnergies’ AGM surged to over 30%. Together with peers BP BP.L and Shell RDSa.L, the companies face a vocal minority of investors demanding faster emissions cuts as a majority of shareholders supports management in reaping the
US oil and gas auction yields nearly $80 mln for federal coffers
May 26, 2023
Nasdaq The U.S. on Thursday held its first sale of oil and gas drilling rights on federal lands since passage of President Joe Biden’s landmark climate change law, attracting more than $78 million in high bids for leases in New Mexico and Kansas. The federal auction was just the second to be held in New Mexico, the nation’s second-largest oil-producing
Oil falls on conflicting OPEC+, Russia messages amid stronger dollar
May 26, 2023
CNBC Oil prices ticked up on Friday, as the market weighed conflicting messages on supply from Russia and Saudi Arabia ahead of the next OPEC+ policy meeting. Brent crude was last up 53 cents at $76.79 a barrel, while U.S. West Texas Intermediate rose 63 cents to $72.46 a barrel. Benchmarks had settled more than $2 per barrel lower
GMG Announces Battery, Team and Related Updates
May 26, 2023
Brisbane, Queensland, Australia–(Newsfile Corp. – May 26, 2023) – Graphene Manufacturing Group L…
3 Undervalued Oil Stocks Poised for a Comeback
May 26, 2023
2023-05-26 06:45:48 ET InvestorPlace – Stock Market News, Stock Advice & Trading Tips…
Aker BP: Awarding the Munin jacket
May 26, 2023
Aker BP: Awarding the Munin jacket PR Newswire STAVANGER, Norway , …
