Strathcona Resources Ltd. Reports Fourth Quarter and Full Year 2023 Financial and Operating Results
March 26, 2024
Strathcona Resources Ltd. Reports Fourth Quarter and Full Year 2023 Financial and Operating Resul…
Greenfire Resources Announces Filing of Annual Report on Form 20-F for Fiscal Year 2023
March 26, 2024
Calgary, Alberta–(Newsfile Corp. – March 26, 2024) – Greenfire Resources Ltd. (NYSE: GFR) (TSX: …
Targa Resources Corp. to Participate in J.P. Morgan Midwest Utilities & Midstream 1×1 Forum
March 26, 2024
HOUSTON, March 26, 2024 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “C…
OPEC: Oil industry needs $11 trillion in upstream investment by 2045
March 26, 2024
Oil Price The oil industry will need cumulative investments of $11.1 trillion in exploration and production by 2045 to keep pace with growing energy demand and ensure stable supply, OPEC Secretary General Haitham Al Ghais has told Emirati news agency WAM in an interview. “Allocating more investments in the oil industry will contribute to promoting the sustainability of the global energy sector,
The new era of power demand growth: How AI-driven power demand fits into a changing generation mix
March 26, 2024
Oil and Gas 360 Energy Shots By Mobius Risk Group Summary: The New Era of Power Demand Growth: Two decades of sub-1% annual growth in electricity consumption is nearing its end as AI-fueled power demand sets a new course for the U.S. generation fleet. Forecasts from institutions like the IEA see global power demand from data centers, AI, and cryptocurrency
U.S. oil production to hit record amidst declining costs, drilling efficiencies, Macquarie predicts
March 26, 2024
World Oil (Bloomberg) – U.S. oil production is set to end the year at a record pace of about 14 MMbpd as falling costs and improved drilling efficiency overshadow subdued growth plans from publicly listed companies, Macquarie Group Ltd. analysts said in a note. Macquarie stood out among analysts last year with its projection of increased U.S. shale production and
U.S. gas producer optimistic despite very low natural gas prices
March 26, 2024
Oil Price Despite multi-year low natural gas prices in the United States, domestic producers continue to be optimistic about the long-term prospects of gas as a fuel, both in America and abroad. The current oversupply in the U.S. natural gas market is set to ease in the coming months as many operators are curtailing production in response to the February
VAALCO Energy finalizes development plan for Venus-Block P discovery offshore Equatorial Guinea
March 26, 2024
VAALCO Energy, Inc. announced that all partners have signed the final documents and the Government of Equatorial Guinea has approved the Joint Operating agreement (“JOA”) related to the Venus-Block P Plan of Development (“POD”). The Block P Production Sharing Contract (“PSC”) provides for a development and production period of 25 years from the date of approval of the POD.
Oil steadies as markets weigh Russian supply woes
March 26, 2024
US News LONDON – Oil was little changed on Tuesday after rising in the previous session as investors took a more mixed view toward the loss of Russian refinery capacity after recent Ukrainian attacks while a slightly weaker U.S. dollar offered some support. Front-month Brent crude futures due to expire on Thursday were unchanged at $86.75 a barrel at 1310
The Mining Association of Canada and The Copper Mark collaborate to enhance Accountability, Transparency, and Credibility
March 26, 2024
The Mining Association of Canada and The Copper Mark collaborate to enhance Accountability, Trans…
Canadian Tire Corporation and Petro-Canada(TM) Fuel New Adventures with Loyalty Partnership Launch
March 26, 2024
Canadian Tire Corporation and Petro-Canada™ Fuel New Adventures with Loyalty Partnership L…
General Presidents’ Maintenance Committee for Canada & National Maintenance Council for Canada Appoints Stephane Favron as Secretary Treasurer of the Board
March 26, 2024
KITCHENER, Ontario, March 26, 2024 (GLOBE NEWSWIRE) — The General Presidents’ Maintenance…
