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In person and virtual registration is Open for EnerCom Dallas The Energy Investment and ESG Conference, April 6-7, 2021

In person and virtual registration is Open for EnerCom Dallas The Energy Investment and ESG Conference, April 6-7, 2021

Oil and Gas 360


Private and Publicly traded energy companies, industry leaders and capital providers talk 2021 plans in Dallas and online. In 2021, EnerCom is launching its Environmental, Social and Governance Summit as a part of the EnerCom Dallas

March 2, 2021 - 3:45 pm Closing Bell Story‎, Crude Oil News, Energy News
REPLAYS & PRESENTATIONS: The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines

REPLAYS & PRESENTATIONS: The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines

Oil & Gas 360


In case you missed it! EnerCom, Inc., a nationally recognized management consultancy, and Colorado School of Mines, a leading public research university focused on science and engineering, would like to thank our sponsors, presenters, keynote speakers

Source: Reuters

U.S. climate czar urges oil industry to hasten transition to renewables

Reuters


WASHINGTON – U.S. climate envoy John Kerry on Tuesday urged oil and gas companies to do more to diversify and adopt low-carbon technologies to tackle climate change.

Speaking alongside oil executives making the case for the continued production of …

Source: Reuters

House Democrats seek reform of federal lands drilling program

Reuters


WASHINGTON – U.S. Democratic lawmakers in Congress on Tuesday introduced a set of bills to reform federal oil and gas leasing regulations, including by raising royalty rates and toughening cleanup requirements.

The bills would update decades-old laws governing oil …

Source: Reuters

Oil industry lobby weighs support of carbon pricing: source

Reuters


WASHINGTON – The main U.S. oil industry lobby group, the American Petroleum Institute, is weighing endorsing a price on carbon emissions, a major shift after long resisting mandatory government climate policies, a source familiar with the decision-making said.

The …

Source: Reuters

Global oil demand recovery, gas growth ahead, say Aramco, Chevron CEOs

Reuters


Global oil demand is recovering and could return to around pre-pandemic levels next year, the chief executives of Saudi Aramco and Chevron Corp told an oil and gas conference on Tuesday.

The coronavirus pandemic last year wiped out a …

March 2, 2021 - 11:30 am Closing Bell Story‎, Crude Oil News, Energy News
Canacol Energy Ltd. provides february gas sales and drilling update

Canacol Energy Ltd. provides february gas sales and drilling update

CALGARY, Alberta, March 02, 2021 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” or the …

Source: Reuters

OPEC president says oil market rebalancing, pandemic still a risk

Reuters


LISBON- The global oil market is rebalancing after damage to demand wrought by the COVID-19 pandemic was met with curbs on output by producers from the Organization of the Petroleum Exporting Countries (OPEC), the group’s president said on Tuesday.…

Source: Reuters

Baytex Energy files 2020 year-end disclosure documents

CALGARY, Alberta, March 01, 2021 (GLOBE NEWSWIRE) — Baytex Energy Corp. (“Baytex…

Source: Reuters

U.S. shale output won’t return to pre-pandemic levels: Occidental CEO

Reuters


NEW YORK  – The oil industry is recovering from a collapse in demand triggered by the coronavirus pandemic, but U.S. shale production will not recover to levels seen before the pandemic, Occidental Petroleum Chief Executive Vicki Hollub said on …

In person and virtual registration is Open for EnerCom Dallas The Energy Investment and ESG Conference, April 6-7, 2021

In person and virtual registration is Open for EnerCom Dallas The Energy Investment and ESG Conference, April 6-7, 2021

Oil and Gas 360


Private and Publicly traded energy companies, industry leaders and capital providers talk 2021 plans in Dallas and online. In 2021, EnerCom is launching its Environmental, Social and Governance Summit as a part of the EnerCom Dallas

March 1, 2021 - 3:45 pm Closing Bell Story‎, Crude Oil News, Energy News
Source: Reuters

Oil executives say demand will rise, despite emphasis on renewables

Reuters


NEW YORK – Oil demand is expected to rise over the next decade and the fossil fuel will remain to be a crucial part of the energy mix, even as renewables draw increasing attention, Hess Corp Chief Executive John …

March 1, 2021 - 3:00 pm Closing Bell Story‎, Crude Oil News, Energy News
Source: Reuters

Energy industry starting to recover, balance likely by 2022 – Baker Hughes CEO

Reuters


NEW YORK – The energy industry is already starting to recover from one the worst years in recent history after the coronavirus pandemic roiled global markets, Baker Hughes Chief Executive Lorenzo Simonelli said on Monday during CERAWeek by IHS …

Source: Reuters

Energy leaders grapple with climate targets at virtual CERAWeek

Reuters


NEW YORK – Global energy leaders and other luminaries like Microsoft co-founder Bill Gates bored in on the tough road to transforming world economies to a lower-carbon future at the kickoff of the all-virtual CERAWeek conference on Monday.

Within …

Oil rises on vaccine optimism, U.S. stimulus

Oil rises on vaccine optimism, U.S. stimulus

Reuters


LONDON – Oil prices rose on Monday, supported by optimism about COVID-19 vaccinations, a U.S. stimulus package and growing factory activity in Europe despite coronavirus restrictions.

Brent crude was up 34 cents, or 0.5%, at $64.76 a barrel by …

In person and virtual registration is Open for EnerCom Dallas The Energy Investment and ESG Conference, April 6-7, 2021

In person and virtual registration is Open for EnerCom Dallas The Energy Investment and ESG Conference, April 6-7, 2021

Oil and Gas 360


Private and Publicly traded energy companies, industry leaders and capital providers talk 2021 plans in Dallas and online. In 2021, EnerCom is launching its Environmental, Social and Governance Summit as a part of the EnerCom Dallas

February 26, 2021 - 3:45 pm Closing Bell Story‎, Crude Oil News, Energy News
Source: CNBC

Texas freeze helps rival oil exporters like Saudi Arabia ‘tremendously,’ may influence OPEC decisions

CNBC


The shock winter storm in Texas that left millions without power and took dozens of lives also froze a major local commodity: the Lone Star State’s oil production, slashing some 4 million barrels per day from U.S. output.

The …

Source: Reuters

Germany says there is exchange with U.S. on Nord Stream 2

Reuters


BERLIN – There is an exchange between the U.S. government and Germany regarding the Nord Stream 2 pipeline to take Russian gas to Europe, a German government spokeswoman said on Friday without giving details.

Germany and Russia say Nord …

U.S. rig count increased by 5 this week, at 402

U.S. rig count increased by 5 this week, at 402

Oil and Gas 360


This week’s Baker Hughes rig count shows that U.S. had an increase of  5 over last week, resulting in a total count of 402 rigs. Canada had a decrease of 9 over last week, resulting in …

Source: Reuters

Oil set for steady gains as economies shake off pandemic blues

Reuters


Oil prices will stage a steady recovery this year as vaccines reach more people and speed an economic revival, with further impetus coming from stimulus and output discipline by top crude producers, a Reuters poll showed on Friday.

The …

NuVista Energy Ltd. executes non-core divestitures, reduces debt significantly, and provides production and operations update

NuVista Energy Ltd. executes non-core divestitures, reduces debt significantly, and provides production and operations update

CALGARY, Alberta, Feb. 25, 2021 (GLOBE NEWSWIRE) — NuVista Energy Ltd. (“NuVista…

Source: Reuters

Winners and losers in energy sector from Texas cold snap

Reuters


A winter storm that hit parts of the southern United States over the past week led several energy companies to report stronger-than-expected results after they were called on to provide more power at higher prices, while others faced millions …

In person and virtual registration is Open for EnerCom Dallas The Energy Investment and ESG Conference, April 6-7, 2021

In person and virtual registration is Open for EnerCom Dallas The Energy Investment and ESG Conference, April 6-7, 2021

Oil and Gas 360


Private and Publicly traded energy companies, industry leaders and capital providers talk 2021 plans in Dallas and online. In 2021, EnerCom is launching its Environmental, Social and Governance Summit as a part of the EnerCom Dallas

February 25, 2021 - 3:45 pm Closing Bell Story‎, Crude Oil News, Energy News
Source: Reuters

Barclays lifts 2021 oil price outlook on tighter U.S. supply view

Reuters


Barclays raised its 2021 oil price forecast on Thursday, citing weaker than expected supply response from U.S. producers to higher prices and normalizing inventories after last week’s cold storm in Texas.

The bank increased its 2021 Brent crude oil

Source: Reuters

U.S. crude output falls 10%, refinery runs drop to 2008 low amid Texas freeze – EIA

Reuters


U.S. crude oil production dropped by more than 1 million barrels per day last week during Texas’s deep freeze, equalling the largest weekly fall ever, and refining runs tumbled to levels not seen since 2008, the Energy Information Administration …

February 25, 2021 - 2:00 pm Closing Bell Story‎, Crude Oil News, Downstream, Energy News
ICE tells pricing agency Platts Brent oil market reform too fast

ICE tells pricing agency Platts Brent oil market reform too fast

Reuters


LONDON – ICE exchange, home of Brent oil futures trading, has put pressure on pricing agency Platts to postpone its physical Brent market reform, saying the market needs more time to consult and adjust the value of derivatives in …

Source: Reuters

Oil holds close to 13-month high, supported by sharp drop in U.S. output

Reuters


LONDON – Oil prices remained close to 13-month highs on Thursday, with profit-taking limited by an assurance that U.S. interest rates will stay low and a sharp drop in U.S. crude output last week due to the storm in …

Source: Reuters

Chevron launches $300 million fund to focus on low-carbon technology

Reuters


Chevron Corp on Thursday said it had launched a $300 million fund focused on low-carbon technology, as traditional global oil and gas firms attempt to invest more in green energy and tackle climate change.

Major energy firms have set …

In person and virtual registration is Open for EnerCom Dallas The Energy Investment and ESG Conference, April 6-7, 2021

In person and virtual registration is Open for EnerCom Dallas The Energy Investment and ESG Conference, April 6-7, 2021

Oil and Gas 360


Private and Publicly traded energy companies, industry leaders and capital providers talk 2021 plans in Dallas and online. In 2021, EnerCom is launching its Environmental, Social and Governance Summit as a part of the EnerCom Dallas

February 24, 2021 - 3:45 pm Closing Bell Story‎, Crude Oil News, Energy News
Source: Reuters

Board of Petrobras approves shareholders’ meeting; end of the line for CEO

Reuters


RIO DE JANEIRO – The board of Brazilian state-run oil company Petrobras on Tuesday called an extraordinary shareholders’ meeting, a move that all but guarantees the exit of Chief Executive Roberto Castello Branco.

In a statement, Petroleo Brasileiro SA, …