Crescent Point Announces 2023 Results & Reserves
February 29, 2024
Crescent Point Announces 2023 Results & Reserves Crescent Point Announces 2023 Resu…
International Seaways Reports Fourth Quarter and Full Year 2023 Results
February 29, 2024
International Seaways, Inc. (NYSE: INSW) (the “Company”, “Seaways”, o…
MRO vs. ET – Which Energy Stock Has More Growth Potential?
February 29, 2024
2024-02-29 06:57:00 ET Ongoing conflicts in the Middle East and the extension of oil prod…
NuVista Energy Ltd. Announces Record Year End 2023 Reserves, Financial and Operating Results
February 29, 2024
CALGARY, Alberta, Feb. 29, 2024 (GLOBE NEWSWIRE) — NuVista Energy Ltd. (” NuVista ” or the “…
Petro-Victory Energy Corp. Provides Update on Workover Campaign at 100% Owned São João Field Located in Northeast Brazil in The Barreirinhas Basin
February 29, 2024
Petro-Victory Energy Corp. Provides Update on Workover Campaign at 100% Owned São João …
Analysts expect oil prices to remain close to $80 this year
February 29, 2024
Oil Price Sufficient supply and uninterrupted oil trade flows despite the Middle Eastern conflicts are set to keep oil prices close to the $80 per barrel threshold this year, the monthly Reuters poll of analysts showed on Thursday. For the fourth consecutive month, more than three dozen analysts and economists continued to revise down slightly their forecast for the average price of
Global oil demand to grow by 1.9 mln bpd in 2024, says Wood Mac
February 29, 2024
Nasdaq LONDON – Global oil demand will grow by 1.9 million barrels per day (bpd) this year, according to a prediction by energy research company Wood Mackenzie, a forecast close to the Organisation of the Petroleum Exporting Countries’ (OPEC) estimate for 2024. In remarks shared with delegates at a Wood Mac briefing on Wednesday during the Energy Institute conference in
Sitio Royalties reports fourth quarter and full year 2023 operational and financial results, recent developments, and provides full year 2024 guidance
February 29, 2024
Oil and Gas 360 Announces Definitive Agreement to Acquire 13,062 NRAS in the DJ Basin for $150 Million(1) Announces $200 Million Share Repurchase Program and Updated Return of Capital Framework Closed on Previously Announced Sale of Anadarko and Appalachia Assets for $114 Million Declared $0.51 Dividend Per Share of Class A Common Stock for Fourth Quarter 2023 Issues Full Year
Big oil asks U.S. Supreme Court to throw out Honolulu climate lawsuit
February 29, 2024
Oil Price Oil and gas supermajors, including Exxon and Chevron, petitioned on Wednesday the U.S. Supreme Court to toss a Hawaii Supreme Court decision allowing a climate lawsuit of Honolulu to proceed to trial. Honolulu sued several major fossil fuel companies in 2020 in the lawsuit ‘City & County of Honolulu v. Sunoco LP’, seeking damages and other relief from fossil fuel
EXCLUSIVE-Shell’s US solar unit launches asset sale, sources say
February 29, 2024
Nasdaq NEW YORK – Shell’s SHEL.L U.S. solar business Savion has put around a quarter of its assets up for sale, according to a marketing document and industry sources, as the oil major extends a retreat from owning renewables projects under CEO Wael Sawan. Investment bank Jefferies JEF.N is running the sale of up to 10.6 gigawatts (GW) of solar generation and storage
Oil prices steady as US data keeps June rate cuts on the table
February 29, 2024
Yahoo Finance LONDON -Oil prices were little changed Thursday as January U.S. inflation data reinforced expectations for a June cut to interest rates. Brent crude futures for April were down 2 cents at $83.66 a barrel by 1355 GMT. The April contract expires on Thursday and the more active May contract was up 2 cents at $82.17. U.S. West Texas
Weekly Gas Storage: Inventories decrease by 96 Bcf
February 29, 2024
Natural Gas Inventories as of February 23, 2024 The EIA has released its natural gas inventory report, showing a net decrease of 96 Bcf as of February 23, 2024. Working gas in storage was 2,374 Bcf as of Friday, February 23, 2024, according to EIA estimates. This represents a net decrease of 96 Bcf from the previous week. Stocks were
