U.S. rig count increased by 8 this week, at 392
This week’s Baker Hughes rig count shows that U.S. had an increase of 8 over last week, resulting in a total count of 392 rigs. Canada had a decrease of 3 over last week, resulting in …
This week’s Baker Hughes rig count shows that U.S. had an increase of 8 over last week, resulting in a total count of 392 rigs. Canada had a decrease of 3 over last week, resulting in …
NEW YORK/HOUSTON – U.S. oil refiners are predicting a strong recovery in fuel demand in the second half of this year as vaccination rates increase and workers are expected to resume commuting and taking vacations.
But oil processors appear …
NEW YORK – Oil prices hit its highest in a year on Friday, closing in on $60 a barrel, supported by economic revival hopes and supply curbs by producer group OPEC and its allies.
Oil was also supported as …
HIGHLIGHTS Northern Oil and Gas, Inc. (NYSE American: NOG) (“Northern&…
…Publishers Note: Please join us at The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines, Liberty Oilfield Services Chief Executive Officer, Chris Wright will be one of our keynote speakers this coming …
Publishers Note: A Greener Future with Renewable Baseload Geothermal Energy: Transitional Energy – Presenting at The Energy Venture Investment Summit presented by Colorado School of Mines and EnerCom – Feb 10 – 11, 2021.
Exclusive …
Publishers Note: A new wave energy converter to enable utility scale power production: Atargis Energy – Presenting at The Energy Venture Investment Summit presented by Colorado School of Mines and EnerCom – Feb 10 – 11, …
U.S. shale oil and gas producer Chesapeake Energy Corp plans to cut 15% of its workforce, an email sent to employees revealed, as it closes on new financing that will allow it to emerge from bankruptcy court protection next …
TOKYO – Japanese trading house Sumitomo Corp has quit the shale oil business in the United States by selling its stake in a project in the Eagle Ford during the October to December quarter of 2020, a company spokesman …
BENGALURU – Reliance Industries Ltd said on Thursday its unit will sell its interest in certain upstream assets in the Marcellus shale in the United States for $250 million in cash to Northern Oil and Gas Inc.
The assets, …
The Hague, February 4, 2021 – The Board of Royal Dutch Shell plc (“RDS” or the “Company”) today announced an interim dividend in respect of the fourth quarter of 2020 of US$ 0.1665 per A ordinary …
Patterson-UTI Energy Reports Financial Results for the Three Months and Year Ended Decemb…
…EnerCom, Inc., a nationally recognized management consultancy, and Colorado School of Mines, a leading public research university focused on science and engineering, announce a preliminary list of Presenting Companies and Keynote speakers for the first annual
Private equity firm Cresta Fund Management has offered to buy a majority stake in North Atlantic Refining Ltd (NARL), owner of the idled Canadian 135,000 barrel-per-day Come-by-Chance refinery, according to a letter reviewed by Reuters.
The Dallas-based firm said …
Record Annual Production Beats Top End of 2020 Full Year Guidance by 6%; Planned Resumption of Drilling Program
THE WOODLANDS, Texas–(BUSINESS WIRE)– Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone”, the “Company”, “our” or “we”), today provided an operations
MADRID – Spanish oil and gas company Repsol has hired JPMorgan as an investment bank to spin off its renewable unit as early as June, Spanish on-line media El Confidencial reported on Wednesday citing financial sources.
The Spanish company …
HOUSTON -Exxon Mobil Corp on Tuesday posted a historic annual loss after the COVID-19 pandemic hammered energy prices and the company reduced the value of shale gas properties by more than $20 billion.
loss, $20 billion cut in shale …
Following a year of grim losses amid pandemic lockdowns that dented demand for fuel as people stuck close to home, the largest U.S. independent refiners are promoting plans to boost production of renewable fuels.
Renewable fuels represent a silver …
LONDON – Both benchmark oil contracts hovered near their highest levels in about a year on Wednesday, boosted by a drawdown in U.S. crude and gasoline stocks that added to demand recovery hopes fueled by OPEC+’s forecast of a …
LONDON – OPEC+ maintained its oil output policy at a meeting on Wednesday as the price of crude hit its highest in almost a year, a sign that deep supply cuts are draining inventories despite an uncertain outlook for …
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 1.0 million barrels from the previous week. At 475.7 million barrels, U.S. crude oil …
EnerCom, Inc., a nationally recognized management consultancy, and Colorado School of Mines, a leading public research university focused on science and engineering, announce a preliminary list of Presenting Companies and Keynote speakers for the first annual
Publishers Note: A new dawn of commercialization of CO2 capture: US Strategic Minerals – Presenting on February 11, 2021 at 9:25 a.m., at The Energy Venture Investment Summit presented by EnerCom and Colorado School of …
Publishers Note: Utilize subsurface coal seams as geobio-reactors to produce low-carbon renewable natural gas : Cowboy Clean Fuels – Presenting on February 11, 2021 at 9:05 a.m. at The Energy Venture Investment Summit presented by …
LONDON — Big Oil endured a brutal 12 months by virtually every measure last year and the global oil and gas industry faces significant challenges and uncertainties as it seeks to recover.
In 2020, the coronavirus pandemic coincided with …
LONDON – BP plunged to a $5.7 billion loss last year, its first in a decade, as the pandemic took a heavy toll on oil demand, and the energy company warned of a tough start to 2021 amid widespread …
LONDON -OPEC+ experts were holding a virtual meeting on Tuesday as a rise in oil prices to their highest in almost a year masked persistent concerns about a recovery in oil demand.
The Joint Technical Committee began its meeting …
Fourth Quarter and Full-Year 2020 Results