PetroTal Announces Q4 2024 Operations and Financial Updates
January 9, 2025
Calgary, Alberta and Houston, Texas–(Newsfile Corp. – January 9, 2025) – PetroTal Corp. (TSX: TA…
Why China is likely to import less crude from Saudi Arabia in February?
January 9, 2025
2025-01-09 04:15:07 ET China is set to import less crude oil from Saudi Arabia on a mon…
Canadian Natural Resources Limited Announces 2025 Budget
January 9, 2025
Calgary, Alberta–(Newsfile Corp. – January 9, 2025) – Canadian Natural’s (TSX: CNQ) (NYSE: CNQ) …
India eyes mining deal with Mongolia to secure high-grade coking coal supply
January 9, 2025
2025-01-09 09:25:10 ET India is likely to sign a preliminary agreement with Mongolia in…
ENBRIDGE GAS PANHANDLE REGIONAL EXPANSION PROJECT PIPELINE NOW IN SERVICE
January 9, 2025
ENBRIDGE GAS PANHANDLE REGIONAL EXPANSION PROJECT PIPELINE NOW IN SERVICE Canada NewsWi…
India increases crude imports from Middle East as Russian supply declines further
January 9, 2025
2025-01-09 10:30:38 ET As less oil is likely to be available from Russia due to Western…
Chevron Bolsters U.S. Gulf of Mexico Production With Whale Facility Startup
January 9, 2025
Chevron Corporation (NYSE: CVX) today announced the start of oil production from the Whale semi-s…
Oil prices edge higher as markets weigh demand against US inventories
January 9, 2025
(Investing) – LONDON -Oil prices rose slightly on Thursday as investors factored in firm winter fuel demand expectations despite large U.S. fuel inventories and macroeconomic concerns. Brent crude futures were up 35 cents, or 0.5%, at $76.51 a barrel by 1246 GMT. U.S. West Texas Intermediate crude futures gained 30 cents, or 0.4%, to $73.62. Both benchmarks fell more than 1% on
Weekly Gas Storage: Inventories decrease by 40 Bcf
January 9, 2025
Natural Gas Inventories as of January 3, 2025 The EIA has released its natural gas inventory report, showing a net decrease of 40 Bcf as of January 3, 2025. Working gas in storage was 3,373 Bcf as of Friday, January 3, 2025, according to EIA estimates. This represents a net decrease of 40 Bcf from the previous week. Stocks were
Pioneer Energy awarded $27 million by DOE to advance methane emissions reduction
January 8, 2025
(World Oil) – Pioneer Energy announced today they have been selected by the U.S. Department of Energy for four different awards which collectively total $27 million. Three of these are intended to advance the company’s Emission Control Treater™ (ECT), a breakthrough near zero emissions well pad production technology that can increase crude yield by 5-10%. The ECT is a closed
Chevron targets $6-8 bln in free cash flow growth by 2026
January 8, 2025
(Oil Price) – Chevron Corp.(NYSE:CVX) is well positioned to grow its free cash flow by $6 billion to $8 billion by next year, and lower expenses by “a couple billion dollars,” Chevron CEO Michael Wirth announced on Wednesday. America’s second largest oil and gas company expects to achieve these results thanks to the start of new or expanded oil production projects in Kazakhstan,
US oil imports from Canada hit record ahead of tariff threat, EIA data shows
January 8, 2025
(Investing) – NEW YORK -U.S. crude oil imports from Canada rose last week to the highest on record, data from the U.S. Energy Information Administration (EIA) showed on Wednesday, ahead of incoming U.S. president Donald Trump’s plans to levy a 25% tariff on Canadian imports. Trump, who has long complained about Canada’s trade surplus with the U.S., on Tuesday threatened to
