July 6, 2023

Netherland, Sewell & Associates, Inc. (NSAI) is pleased to announce it is hosting its Oil & Gas Property Evaluation Seminar in São Paulo this year on July 18- oil and gas 360

Netherland, Sewell Associates, Inc. (NSAI) is pleased to announce it is hosting its Property Evaluation Seminar in São Paulo this year on July 18

July 6, 2023

Oil and Gas 360 July 6, 2023 – Netherland, Sewell & Associates, Inc. (NSAI) is pleased to announce it is hosting its Oil & Gas Property Evaluation Seminar in São Paulo this year with a one-day session on July 18. For over 25 years, global petroleum consultancy NSAI has hosted a series of highly regarded oil and gas property evaluation

Shell CEO says slashing oil output would be ‘Dangerous and Irresponsible’

July 6, 2023

Oil Price Reducing global oil and gas production would be “dangerous and irresponsible” as the world still desperately needs those hydrocarbons, Shell’s chief executive Wael Sawan has told the BBC. Last month, Shell unveiled its new strategy to continue investing in oil and gas production and selectively pour capital into renewable energy solutions, angering climate activists and some institutional investors. Back in 2021, Shell

Tackle demand, not supply, to cut emissions, oil bosses say

July 6, 2023

Yahoo Finance VIENNA -The bosses of global energy companies this week urged governments to shift the focus to limiting oil demand to reduce emissions, rather than pressuring producers to curb supply, which they say serves only to increase prices. Some western governments have announced plans to scale back or halt oil developments and last year, they increased taxes on oil

EXCLUSIVE-OPEC upbeat over 2024 oil demand outlook despite slowdown

July 6, 2023

Nasdaq VIENNA – OPEC will likely maintain an upbeat view on oil demand growth for next year when it publishes its first outlook later this month, predicting a slowdown from this year but still an above-average increase, sources close to OPEC said. OPEC’s forecast for 2024 will likely be lower than the growth it expects for this year of 2.35

Oil drops 1% as market frets about risk of US rate hike

July 6, 2023

Investing NEW YORK -Oil prices fell over 1% on Thursday as the market digested the higher likelihood of a U.S. interest rate hike that could dent energy demand, while tighter U.S. crude supplies limited losses. Brent crude futures were down 91 cents, or 1.2%, to $75.74 a barrel by 11:14 a.m. EDT (1514 GMT), after a 0.5% gain the previous day. U.S.

U.S. crude oil inventories increase by 0.5 million barrels- oil and gas 360

U.S. crude oil inventories decrease by 1.5 million barrels

July 6, 2023

Weekly Crude Oil Storage as of June 30, 2023 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 1.5 million barrels from the previous week. At 452.2 million barrels, U.S. crude oil inventories are at 1% below the five year average for this time of year, according to the EIA crude oil and

Netherland, Sewell Associates, Inc. (NSAI) is pleased to announce it is hosting its Property Evaluation Seminar in São Paulo this year on July 18

Shell CEO says slashing oil output would be ‘Dangerous and Irresponsible’

Tackle demand, not supply, to cut emissions, oil bosses say

EXCLUSIVE-OPEC upbeat over 2024 oil demand outlook despite slowdown

Oil drops 1% as market frets about risk of US rate hike

U.S. crude oil inventories decrease by 1.5 million barrels

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