July 12, 2023 - Oil & Gas 360

Register now for the 28th Annual EnerCom Denver – The Energy Investment Conference, to be held August 13-16, 2023 in Denver, Colorado- oil and gas 360

Register for EnerCom Denver – The Energy Investment Conference, to be held August 13-16, 2023 in Denver, Colorado

July 12, 2023

Oil and Gas 360 Register to attend and network at the 28th Annual EnerCom Denver – The Energy Investment Conference, to be held August 13-16, 2023 in Denver, Colorado. The conference brings together a growing list of energy companies, investors, analysts, and key industry leaders. Register at www.enercomdenver.com Limited presentation opportunities are still available for E&P,

Crescent Energy closes Eagle Ford acquisition for $600 million

July 12, 2023

World Oil (WO) – Crescent Energy Company announced the closing of its acquisition of operatorship and incremental working interest in its existing Western Eagle Ford assets for a total cash consideration of approximately $600 million. Following closing, Crescent assumed operatorship of its existing Western Eagle Ford acreage and plans to maintain a one-rig development program on the asset through

Exclusive: Mexico’s oil regulator, constrained by government, dropped plans to fine Pemex

July 12, 2023

Nasdaq MEXICO CITY – Mexico’s oil regulator shelved plans to impose at least three fines against the national energy company Pemex for violations at the country’s most promising new fields, two dozen previously unreported documents showed and three sources confirmed. It is the latest sign of a weakened regulator, which, after government-backed changes in the leadership, lets Pemex operate with

U.S. expects tightening global oil market, reverses production forecast

July 12, 2023

World Oil (Bloomberg) – The U.S. expects the global oil market to tighten this year as it reverses its forecast in a move that more closely aligns with bullish estimates by OPEC and the International Energy Agency. A small drop in production growth from the Organization of Petroleum Exporting Countries alliance, as well as those outside of them, will trim

Oil benchmark Brent price structure signals tighter market

July 12, 2023

Nasdaq LONDON – The futures contract structure of the global benchmark Brent indicates the market is tightening and that the Organization of the Petroleum Exporting Countries could be succeeding in its mission to support the market. Until last week, oil prices had been rangebound for months as the market focused on weak recovery in China following the lifting of pandemic

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

U.S. crude oil inventories increase by 5.9 million barrels

July 12, 2023

Weekly Crude Oil Storage as of July 7, 2023 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 5.9 million barrels from the previous week. At 458.1 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

3 Energy Stocks to Boost Your Portfolio

July 12, 2023

2023-07-12 10:11:13 ET With oil demand on the rise, the energy sector is heating up and r…

Ring Energy announces accretive all cash asset acquisition strategically expanding core operating area

July 12, 2023

Oil and Gas 360 Publisher’s Note: Ring Energy will be a presenter at the 28th annual EnerCom Denver – The Energy Investment Conference that brings together energy companies, investors, analysts, and key industry leaders. Register to attend at www.enercomdenver.com EXPECTED TO GROW PRODUCTION, RESERVES, FREE CASH FLOW AND OTHER KEY METRICS THE WOODLANDS, Texas, July 11, 2023 (GLOBE NEWSWIRE)

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