Suncor Energy Files Annual Disclosure Documents
March 21, 2024
Calgary, Alberta–(Newsfile Corp. – March 21, 2024) – Suncor Energy (TSX: SU) (NYSE: SU) has file…
Acceleware Ltd. Reports Fourth Quarter 2023 Financial and Operating Results
March 21, 2024
CALGARY, Alberta, March 21, 2024 (GLOBE NEWSWIRE) — Acceleware ® Ltd. (“Accelewa…
AKITA announces 2023 annual results with net income of $18.4 million and repayment of $24 million in debt
March 21, 2024
AKITA announces 2023 annual results with net income of $18.4 million and repayment of $24 million…
Independence Contract Drilling, Inc. engages Piper Sandler & Co as financial advisor to strategic alternatives committee
March 21, 2024
Oil & Gas 360 HOUSTON, March 21, 2024 /PRNewswire/ — Independence Contract Drilling, Inc. (the “Company” or “ICD”) (NYSE: ICD) previously disclosed that ICD’s Board of Directors (“Board”) has initiated a formal review process to begin evaluating alternatives with respect to refinancing its convertible notes and other strategic opportunities and formed a committee of independent directors for that purpose. Today, ICD is
Stream Systems announces strategic executive hire:
March 21, 2024
CALGARY, Alberta, March 21, 2024 (GLOBE NEWSWIRE) — Stream Systems Ltd. is a technology company …
Republican lawmakers blame IEA for straying from energy security mission
March 21, 2024
Oil Price Congress leaders from the Republican Party have sent a letter to Fatih Birol, the executive director of the International Energy Agency, expressing concern that the IEA has strayed from its core mission of promoting energy security. Senate Energy and Natural Resources Committee ranking member John Barrasso (Wyo) and House Energy and Commerce Committee Chair Cathy McMorris Rodgers (Wash) wrote in
Greenfire Resources Ltd. (TSX: GFR) Opens the Market
March 21, 2024
Greenfire Resources Ltd. (TSX: GFR) Opens the Market Canada NewsWire TORONT…
Oil to trade at $85-$90 next quarter even without OPEC+ cuts, Gunvor predicts
March 21, 2024
World Oil (Bloomberg) – Oil prices likely will trade at about $85-$90 a bbl in the third quarter even if OPEC+ producers and allies decide not to extend current supply cuts, said Gunvor Group Ltd.’s global head of research and analysis. If Saudi Arabia and allies extend cuts beyond the second quarter, that could send prices even higher, Frederic Lasserre
EQT CEO warns lack of natural gas storage will trigger dramatic price swings
March 21, 2024
World Oil (Bloomberg) – The chief of the largest U.S. producer of natural gas has warned that a lack of pipelines and storage facilities will trigger dramatic price swings in the years ahead, causing them to surge as much 350%. Gas demand in the U.S. has jumped 50% since 2010, while pipeline and storage capacity have increased just 25% and
Oil broadly steady after surprise US crude stock drop
March 21, 2024
US News LONDON – Oil prices were broadly steady on Thursday, shored up by a surprise U.S. crude stock drop and the U.S. Federal Reserve sticking to its outlook on rate cuts for the year. Brent crude futures for May were down 17 cents, or 0.2%, to $85.78 a barrel by 1359 GMT. They fell by 1.6% on Wednesday. U.S.
ExxonMobil CEO won’t proceed with hydrogen project without Biden’s IRA tax credits
March 21, 2024
World Oil (Bloomberg) – Exxon Mobil Corp. won’t move forward with one of the world’s largest, low-carbon hydrogen projects if the Biden administration withholds tax incentives for natural gas-fed facilities, Chief Executive Officer Darren Woods said during an interview. Under the current guidelines, incentives are earmarked for projects that produce so-called “green” hydrogen by using water and renewable energy. But
Aemetis Inc. (NASDAQ: AMTX) Leading the Way in Thursday Trading Based on Percentage Gain
March 21, 2024
Aemetis, Inc. (NASDAQ: AMTX) is one of today’s top gainers. The company’s shares have moved 22.4…
