Targa Resources Corp. Announces Quarterly Dividend and Timing of Second Quarter 2023 Earnings Webcast
July 13, 2023
HOUSTON, July 13, 2023 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Co…
ExxonMobil announces acquisition of Denbury
July 13, 2023
Oil and Gas 360 Combined assets and capabilities further accelerate ExxonMobil’s Low Carbon Solutions business and create an even more compelling customer decarbonization proposition Leading CCS network underpins ExxonMobil’s commitment to low carbon value chains including CCS, hydrogen, ammonia, biofuels, and direct air capture Transaction synergies expected to enable more than 100 MTA of emissions reductions over time, driving strong
Shell considers selling stake in renewable power unit as CEO turns focus back to fossil fuels
July 13, 2023
World Oil (Bloomberg) – Shell Plc is exploring options for its global renewable power operations, including a potential stake sale to outside investors, people with knowledge of the matter said. The UK energy giant is working with advisers to study a range of possibilities that could also include separating the business into a more independent unit, the people said.
Global crude oil demand could hit a record this year, the IEA says
July 13, 2023
2023-07-13 11:40:55 ET July 13 (UPI) — The Paris-based International Energy Agency sai…
U.S. Strategic Petroleum Reserve will not be replenished anytime soon
July 13, 2023
Oil Price The U.S. Administration will refill the Strategic Petroleum Reserve (SPR), which saw millions of barrels of drawdowns last year, but the reserve will not be filled up soon, U.S. Secretary of Energy Jennifer Granholm told CNN in an interview this week. “The bottom line is we are going to replenish,” Granholm said, adding that it was unlikely that the refill
Oil markets set to tighten, economic headwinds to hit growth – IEA
July 13, 2023
Nasdaq LONDON – Oil demand is set to hit a record high this year and the market is tightening but economic headwinds and interest rate hikes have deflated growth expectations slightly, the International Energy Agency (IEA) said on Thursday. Still, the Paris-based energy watchdog sees demand growth next year rising by more than anticipated despite the rise being less than
Weekly Gas Storage: Inventories increase by 49 Bcf
July 13, 2023
Natural Gas Inventories as of July 7, 2023 The EIA has released its natural gas inventory report, showing a net increase of 49 Bcf as of July 7, 2023. Working gas in storage was 2,930 Bcf as of Friday, July 7, 2023, according to EIA estimates. This represents a net increase of 49 Bcf from the previous week. Stocks were
