Oil & Gas 360 – Page 625

Colorado School of Mines and EnerCom to Co-Host the Energy Venture Investment Summit - February 10-11, 2021!- oil and gas 360

EnerCom and Colorado School of Mines Launch a standalone Energy Tech Investor Conference, The Energy Venture Investment Summit, February 10 – 11, 2021

December 28, 2020

Oil and Gas 360 DENVER, Dec. 28, 2020 /PRNewswire/ — EnerCom, Inc., a nationally recognized management consultancy, and Colorado School of Mines, a leading public research university focused on science and engineering, announced today that it will host the first annual The Energy Venture Investment Summit presented by Colorado School of Mines and EnerCom Wednesday, February 10th – Thursday, February 11th 2021. Due to the pandemic, the conference will be hosted

European markets close sharply higher after Trump signs Covid relief bill into law

December 28, 2020

CNBC LONDON — European markets rallied strongly at the start of the last trading week of 2020, as traders reacted to Brexit developments and President Donald Trump signing a $900 billion Covid-19 relief bill into law. France’s CAC 40 rose 1.3%, the Swiss SMI rallied 1.8% and Germany’s DAX index finished up 1.5% on Monday afternoon. The U.K. FTSE 100 index was closed for the Christmas holidays.

Investors believe the stock market could see headwinds under a Biden presidency

December 28, 2020

CNBC Wall Street investors largely believe a Joe Biden presidency could mean lower stock-market returns, according to a new CNBC survey. As a part of CNBC’s Quarterly Report, we polled more than 100 chief investment officers, portfolio managers and CNBC contributors who manage money about where they stood on the upcoming year for stocks under a new administration. The survey

Russian Nord Stream 2 pipe-laying vessel leaves German site, indicating project progress

December 28, 2020

Reuters MOSCOW – The Russian pipe-laying vessel Fortuna has left the Nord Stream 2 gas pipeline construction site in the Baltic Sea, Refinitiv Eikon data showed on Monday, indicating that the 2.6-km stretch of the project in German waters may have been completed. Source: Reuters Fortuna was now heading for the north German port of Wismar, the data showed. The

Novak says Russia backs OPEC+ 500,000 bpd oil output hike from February

December 28, 2020

Reuters MOSCOW – Russia expects to support an increase in oil production by the group, known as OPEC+, of another 500,000 barrels per day (bpd) from February at next month’s summit of the leading global oil producers, Russian Deputy Prime Minister Alexander Novak said. Oil prices are trading above $50 per barrel, after coming under pressure this week from concerns

Mexico takes controversial step to limit private fuel imports

December 28, 2020

Reuters MEXICO CITY – Mexico’s government has issued new regulations to limit the ability of private firms to import fuel, according to a weekend decree, fanning concerns that the move may unduly benefit national oil company Petroleos Mexicanos (Pemex). The rules, issued by the energy ministry and scheduled to go into force on Monday, are part of a drive by

Oil steadies below $52 as U.S. stimulus counters weak demand

December 28, 2020

Reuters LONDON – Oil steadied on Monday, after earlier rising to $52 a barrel, as optimism over the U.S. stimulus package and the start of a European vaccination campaign was balanced by weak demand and the prospect of higher OPEC+ output. After U.S. President Donald Trump backed down from a threat to block the $2.3 trillion package, Democrats on Monday

BREAKING: Colorado School of Mines Joins EnerCom to Co-Host the Energy Venture Investment Summit – February 10-11, 2021!

December 23, 2020

Oil & Gas 360 Publisher’s Note: The Energy Venture Investment Summit, on February 10-11, 2021. Please register Here to join us in February! Due to the pandemic, the conference will be hosted virtually on EnerCom’s proprietary energy news platform, Oil & Gas 360®, targeting more than 25,000 energy professionals and investors. REGISTER HERE About Colorado School of Mines: Colorado School

Climate, Energy, And Essential Infrastructure In Texas

December 23, 2020

Forbes Essential infrastructure spending and regulation is on the agenda of the upcoming biennial session of the Texas legislature. Some believe that there are competing interests are at play—wind and solar energy versus oil and gas producers. Both are competing for infrastructure spending and favorable regulations. It’s a big state. Here’s how both can win. Texas is the nation’s largest producer of electricity from

Pacific Drilling to emerge from bankruptcy by year-end

December 23, 2020

Offshore Energy Offshore drilling contractor Pacific Drilling expects to emerge from Chapter 11 bankruptcy by year-end following the confirmation of its prearranged plan of reorganization by the U.S. court. Pacific Drilling filed for Chapter 11 bankruptcy to eliminate $1.1 billion of bond debt amid significant disruption in the offshore drilling market caused by the Covid-19 pandemic at the end of October

Ring Energy, Inc. Announces Results of Fall 2020 Redetermination of Its Senior Credit Facility

December 23, 2020

Company Also Pays Down Revolver and Adds Additional Oil Hedges MIDLAND, Texas–(BUSINESS WIRE)– Ring Energy, Inc. (NYSEAM: REI) (“Ring” or the “Company”) announced today the results of its fall 2020 redetermination of its $1 billion senior revolving credit facility (“Credit Facility”). The borrowing base was set at $350 million, or approximately 6.7% lower than its previous borrowing base of $375

BREAKING: Colorado School of Mines Joins EnerCom to Co-Host the Energy Venture Investment Summit – February 10-11, 2021!

December 22, 2020

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