HANOI – Exxon Mobil Corp is exploring the possibility of investing in new projects to develop LNG-to-power plants in Vietnam, the Southeast Asian government said on Thursday.
Exxon Mobil has long been engaged in the development of the Blue …
The 23 member states of OPEC+, comprised of OPEC and ten of its oil-producing allies, for the most part delivered on record production cuts agreed to by the alliance through the month of May, a new report shows.
“OPEC’s …
LONDON – Oil prices slumped on Thursday, dragged down by another record build-up in U.S. crude inventories and the U.S. Federal Reserve’s projections that the world’s biggest economy would shrink 6.5% this year.
Brent crude LCOc1 futures erased Wednesday’s …
Publisher’s Note: Please join us Thursday, June 11, 2020 at 11:00 AM CST on a Panel Discussion.
Please join Moss Adams and EnerCom on June 11, 2020 at 11:00 AM CST as we have a round …
U.S. crude oil stockpiles rose unexpectedly last week to an all-time high as refiners boosted imports, particularly from Saudi Arabia, while exports dropped to lows not seen since November.
The Energy Information Administration also said on Wednesday that refined …
Oil and gas stocks are defying the odds.
The SPDR S&P Oil and Gas Exploration and Production ETF (XOP) is having its best quarter on record, up over 102% since April 1 despite concerns about oversupply. That’s more
LONDON – Oil fell more than 1% to below $41 a barrel on Wednesday after a report showed a rise in crude inventories in the United States, reviving concerns about oversupply and weak demand because of the coronavirus crisis.…
The U.S. Energy Information Administration (EIA) expects U.S. electricity demand to total 998 billion kilowatthours this summer (June through August), the lowest level of summer electricity consumption in the United States since 2009 and 5% less than last summer.…
Publisher’s Note: Please join us Thursday, June 11, 2020 at 11:00 AM CST on a Panel Discussion.
Please join Moss Adams and EnerCom on June 11, 2020 at 11:00 AM CST as we have a round …
Weekly Energy Tracker Call (06/09/20)
Haynes and Boone, AEGIS and EnerCom welcome you to a weekly series of webex meetings to discuss business and legal issues erupting in the oil and gas world, including bankruptcy …
Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail. The best 8 min summary of the energy markets.
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Two tankers that were sailing toward Venezuela to load crude have turned around since the weekend and three other vessels have left Venezuelan waters as the United States considers blacklisting dozens of ships for transporting the country’s oil, according …
Goldman Sachs sees a correction in oil prices on the horizon even amid a significant recovery in the last month and the recent decision by OPEC and its allies to extend historically large production cuts through July.
“With oil …
LAUNCESTON, Australia – Saudi Arabia’s decision to jack up the price of its July exports to Asia may have opened the door for U.S. crude oil producers to boost sales to the region that consumes more oil than anywhere …
Qatar’s Minister of State for Energy Affairs shared his thoughts on some of the major oil producers’ market moves in recent months, shedding disapproval on the March decision by Saudi Arabia and Russia to launch into a price war, …
Carnot Compression Inc. is pleased to announce the launch of a Reg CF offering on StartEngine. Proceeds from the offering will be used to continue developing Carnot’s proprietary isothermal compression technology.
About Carnot’s Patented Technology…
LONDON – Oil prices fell on Tuesday, weighed down by a stronger dollar and oversupply concerns after it was announced that a trio of Gulf producers would end voluntary output cuts.
Brent crude was down 52 cents, or 1.3%, …
Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail. The best 8 min summary of the energy markets.
Big day in the markets and many companies facing bankruptcy are doing better at
Oil prices have quickly climbed to levels that raise the risk of price falls as demand is fragile, Morgan Stanley said on Monday, as benchmark crude hit its highest in three months.
Oil climbed on Monday after major producers …
Brent crude needs to work through its oversupply issues before it can punch through its current price range of between $40 and $50 per barrel, according to Thom Payne, director at Westwood Global Energy Group.
That’s despite the latest …
LONDON – BP will cut about 15% of its workforce in response to the coronavirus crisis and as part of Chief Executive Bernard Looney’s plan to shift the oil and gas major to renewable energy, it said on Monday.…
OSLO – Norway’s parliament has agreed additional tax breaks for the oil industry on top of those proposed by the minority government to spur investment and protect jobs, the ruling Conservative Party said on Monday.
Equinor and other companies …
OPEC kingpin Saudi Arabia and non-OPEC leader Russia said Monday that the success of the energy alliance’s latest production cuts relies on all members complying with the terms of the deal.
The statement comes shortly after OPEC and non-OPEC
Another Week Ahead in Energy from the duo at Oil and Gas 360!!
Michael Tanner and Stuart Turley cover everything you need to know about the upcoming week in energy Show starts diving into the story-behind-the-story on last
Oil and Gas 360 Publishers Note: Susan Arbetter brings a story about the regulations on natural gas pipelines in New York. She brings out some great information about the political decision makers not looking at an entire view …
OPEC+ sources have said Saudi Arabia and Russia had agreed to extend record cuts throughout July although Riyadh would prefer to see cut extended throughout August
MOSCOW/DUBAI/LONDON: OPEC and its allies led by Russia meet on Saturday to approve …
HOUSTON, June 05, 2020 (GLOBE NEWSWIRE) — Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) announced that it will offer a cost-effective “fee for service” property management option to companies with distressed …
Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail. The best 6 min summary of the energy markets.
Big day in the markets with the 2 million jobs and the OPEC news.
TULSA, June 05, 2020 (GLOBE NEWSWIRE) — Mid-Con Energy Partners, LP (NASDAQ: MCEP) (“Mid-Con” or the “Partnership”) has entered into a strategic recapitalization transaction with its preferred equity holders, providing for the conversion of all Series …
