Crescent Energy Announces Rating Agency Upgrade
July 11, 2023
Achieves Two BB- Unsecured Notes Ratings and Expects Inclusion in the BB High Yield Index …
Houston Natural Resources rebrands with Cunningham Energy acquisition
July 11, 2023
World Oil (WO) – Houston Natural Resources Corp has completed the acquisition of a 100% interest in Cunningham Energy, LLC. The company previously announced the completion of the acquisition of a 9.9% interest in Cunningham Energy, LLC. The acquisition of the additional 90.1% interest takes the company’s total investment in Cunningham Energy LLC to a 100% interest. Ryan Cunningham will continue
Berkshire Hathaway Energy to purchase Dominion Energy LNG stake for over $3 billion
July 11, 2023
World Oil (WO) – Dominion Energy has concluded a robust and competitive sale process and executed a definitive agreement to sell its 50% noncontrolling limited partner interest in Cove Point LNG, LP, to Berkshire Hathaway Energy, which currently operates the facility and owns a 100% general partner and 25% limited partner interest. The total transaction value of $3.5 billion, inclusive
OPEC expects global energy demand to jump by 23% by 2045
July 11, 2023
Oil Price Global primary energy demand is expected to surge by 23% by 2045, OPEC’s Secretary General Haitham Al Ghais said on Tuesday, adding that all sources will be needed to meet that growing demand. “Global primary energy demand is forecast to increase by a significant 23% in the period up to 2045, which means we will need all forms of energy,”
OPEC exports were strong, up 8.8% in 2022
July 11, 2023
2023-07-11 10:40:05 ET July 11 (UPI) — In a statistical review of 2022, and amid expec…
API joins over 100 trade groups urging Biden administration to reverse course on tailpipe emissions standards
July 11, 2023
World Oil WASHINGTON, July 11, 2023 — The American Petroleum Institute (API) joined with over 100 other trade groups representing diverse businesses across the transportation sector in urging the Biden administration to reverse course on its proposed tailpipe emissions standards for light, medium and heavy-duty vehicles. In a letter to President Biden, the organizations outlined significant concerns with the EPA’s
Oil prices edge up as supply cuts, weak dollar counter economic headwinds
July 11, 2023
CNBC Oil prices edged higher on Tuesday supported by supply cuts by the world’s biggest oil exporters and hopes for higher demand in the developing world in the second half of 2023 despite a sluggish economic outlook. Brent crude futures was up 66 cents to $78.35 a barrel and U.S. West Texas Intermediate crude was up 71 cents at $73.70. Supply cuts by top exporters Saudi Arabia and Russia for August helped to lift the benchmark
Buy These 3 Energy Stocks for an Easy Investment
July 11, 2023
2023-07-11 07:10:26 ET Robust oil demand should strengthen the energy market landscape. T…
