Finance

Presenting company applications now being accepted for The Energy Venture Investment Summit 2023 presented by EnerCom and Colorado School of Mines

Presenting company applications now being accepted for The Energy Venture Investment Summit 2023 presented by EnerCom and Colorado School of Mines

Oil and Gas 360


The Energy Venture Investment Summit brings entrepreneurs and energy investors together to share innovative ideas and provide capital to companies that will shape the future of energy.

Presenting Company Applications Now Being Accepted for The Energy

December 5, 2022 - 3:30 pm Closing Bell Story‎, Crude Oil News, Energy News, Finance
Source: World Oil

US seeks halt to oil-reserve sales to refill depleted stockpiles

World Oil


(Bloomberg) — The Biden administration is seeking to stop sales from the Strategic Petroleum Reserve mandated by Congress so it can refill the emergency reserve, a move that could impact the release of 147 million barrels of crude …

Source: Oil Price

The energy crisis has sparked major investments in efficiency

Oil Price


Record-high energy prices and the energy market turmoil this year have accelerated efforts in energy efficiency with global investments rising by 16% annually to $560 billion this year, the International Energy Agency (IEA) said in a new report

Three Crown spuds high potential Falcon Prospect horizontal Niobrara oil well

Three Crown spuds high potential Falcon Prospect horizontal Niobrara oil well

Oil and Gas 360


Three Crown Petroleum spud the high-potential Patterson 3H, a 1.5 mile horizontal well targeting the Niobrara formation on November 24, 2022. The well located on Three Crown’s Falcon Prospect in the prolific Powder River Basin in …

Source: World Oil

Carlyle exploring multibillion-dollar offer for OMV oil and gas assets

World Oil


(Bloomberg) — Carlyle Group Inc. is exploring a multibillion-dollar bid for a large part of Austrian energy company OMV AG’s oil and gas portfolio, in what would be a bold move by a buyout firm to further expand …

Source: Reuters

Goldman Sachs sees ‘high probability’ of OPEC cut — and expects oil prices to hit $110 next year

CNBC


A group of some of the world’s most powerful oil producers is highly likely to take further measures to stem a price decline and try to balance the market, according to Goldman Sachs.

OPEC and non-OPEC producers, an influential …

Source: Oil Price

Oil stocks are showing a peculiar disconnect from crude prices

Oil Price


Oil stocks have continued to show a peculiar disconnect from the commodity they track, with oil equities staging a powerful rally even as oil prices have fallen sharply since the last OPEC meeting. Over the past two months, …

Source: CNBC

U.S. oil giants Exxon Mobil, Chevron and ConocoPhillips challenged over ‘secretive’ tax practices

CNBC


Oxfam on Monday filed shareholder resolutions against U.S. oil giants Exxon MobilChevron and ConocoPhillips, saying a lack of transparency over their global tax practices poses a material risk for long-term investors.

The international relief charity said …

Source: Reuters

Buyout firm KKR looks to sell Canadian gas producer Westbrick Energy

BOE Report


Private equity firm KKR & Co is seeking buyers for Canadian oil and gas producer Westbrick Energy Ltd to cash in on high energy prices, in a potential deal valued at around C$1.5 billion to C$2.0 billion ($1.13 …

Source: Reuters

White House announces $13 bln in funding to modernize power grids

Nasdaq


Nov 18 – The White House announced through the Department of Energy (DOE) on Friday that it is soliciting grant applications for $13 billion in new financing under the bipartisan infrastructure bill for the expansion and modernization of the …

November 18, 2022 - 12:00 pm Closing Bell Story‎, Energy News, Finance, Power Generation
Strive Asset Management exceeds half a billion in AUM, 3 months after launch

Strive Asset Management exceeds half a billion in AUM, 3 months after launch

Oil and Gas 360


COLUMBUS, Ohio-November 15, 2022 01:00 PM Eastern Standard Time–(BUSINESS WIRE)–Strive Asset Management announced its total assets under management surpassed $500 million on November 11, 2022, three months after the launch of its first

Presenting company applications now being accepted for The Energy Venture Investment Summit 2023 presented by EnerCom and Colorado School of Mines

Presenting company applications now being accepted for The Energy Venture Investment Summit 2023 presented by EnerCom and Colorado School of Mines

Oil and Gas 360


The Energy Venture Investment Summit brings entrepreneurs and energy investors together to share innovative ideas and provide capital to companies that will shape the future of energy.

Presenting Company Applications Now Being Accepted for The Energy

November 16, 2022 - 3:30 pm Closing Bell Story‎, Crude Oil News, Energy News, Finance
Source: Bloomberg

Saudi wealth fund weighs IPO of $5 billion driller

World Oil


(Bloomberg) — Saudi Arabia’s wealth fund is considering an initial public offering of oil and gas driller ADES International Holding by the first half of next year, as it accelerates efforts to raise billions of dollars for new …

Source: Reuters

Column: Oil investors set for supply fall to offset weak economy

Nasdaq


LONDON – Investors expect a planned U.S. and EU price cap to disrupt Russia’s crude exports by enough to offset the impact of an economic slowdown on oil consumption, boosting prices.

 

 

Hedge funds and other money managers …

EnerCom and Colorado School of Mines to host The Energy Venture Investment Summit 2023, February 22–23, 2023 on campus in Golden, Colorado

EnerCom and Colorado School of Mines to host The Energy Venture Investment Summit 2023, February 22–23, 2023 on campus in Golden, Colorado

Oil and Gas 360


Attendee Registration Open and Presenting Company Applications Now Being Accepted for The Energy Venture Investment Summit 2023 Presented by EnerCom and Colorado School of Mines at www.theenergyventuresummit.com. The Energy Venture Investment Summit Brings Entrepreneurs and

November 14, 2022 - 3:30 pm Closing Bell Story‎, Crude Oil News, Energy News, Finance

New USGBC Report Finds School Districts Prioritizing Federal Funds for Air Filtration, HVAC Upgrades

New USGBC Report Finds School Districts Prioritizing Federal Funds for Air Filtration, HV…

November 14, 2022 - 10:05 am Finance, Press Releases
Source: BOE Report

Oil prices down slightly but hopeful of China demand

BOE Report


Oil prices fell on Monday, while China eased some of its strict COVID-19 protocols, which have fuelled hopes of a recovery in economic activity and demand at the world’s top crude importer.

 

Contracts for Brent crude and …

TransAlta Announces Public Offering of U.S. Senior Green Bonds and Releases Inaugural Green Bond Framework

TransAlta Announces Public Offering of U.S. Senior Green Bonds and Releases Inaugural Gre…

November 14, 2022 - 7:25 am Finance, Press Releases
BB Energy Successfully Expands its Digital Borrowing Base Credit Facility to USD 580 Million

BB Energy Successfully Expands its Digital Borrowing Base Credit Facility to USD 580 Million

BB Energy Successfully Expands its Digital Borrowing Base Credit Facility to USD 580 Mill…

November 14, 2022 - 4:00 am Finance, Press Releases
Petroteq Closes Non-Brokered Private Placement

Petroteq Closes Non-Brokered Private Placement

Toronto, Ontario, and Los Angeles, California–(Newsfile Corp. – November 11, 2022) – Petrote…

November 11, 2022 - 9:16 pm Finance, Press Releases
Acceleware Ltd. Announces Closing of Non-Brokered Private Placement of Units

Acceleware Ltd. Announces Closing of Non-Brokered Private Placement of Units

CALGARY, Alberta, Nov. 10, 2022 (GLOBE NEWSWIRE) — Acceleware Ltd. (TSXV:AXE) (&#x201C…

November 10, 2022 - 7:43 pm Finance, Oil Sands, Press Releases
NOG announces third quarter 2022 results

NOG announces third quarter 2022 results

Oil and Gas 360


Northern Oil and Gas, Inc.-11/09/2022- (NYSE: NOG) (“NOG”) today announced the company’s third quarter results.

 

NOG announces third quarter 2022 results- oil and gas 360

 

THIRD QUARTER HIGHLIGHTS

  • Record quarterly production of 79,123 Boe per day (57% oil), an increase of 37% from the
Birchcliff Energy Ltd. Announces Excellent Q3 2022 Results, Including Record Q3 Adjusted Funds Flow and Free Funds Flow

Birchcliff Energy Ltd. Announces Excellent Q3 2022 Results, Including Record Q3 Adjusted Funds Flow and Free Funds Flow

CALGARY, Alberta, Nov. 09, 2022 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“ Birc…

November 9, 2022 - 4:00 pm Finance, Press Releases
Three Crown Petroleum an Oil and Gas 360 Profile Company

Three Crown Petroleum an Oil and Gas 360 Profile Company

Oil and Gas 360


Three Crown has established a 240.387 gross/205.5 net acre 1.5 mile horizontal drilling prospect in the prolific Power River Basin in Converse County, WY that is surrounded by established oil production in the Shannon, Niobrara and

Renogy Offers a Detailed Look at its New Home Energy Storage Offerings at Natural Disaster Expo California 2022

Renogy Offers a Detailed Look at its New Home Energy Storage Offerings at Natural Disaster Expo California 2022

Renogy Offers a Detailed Look at its New Home Energy Storage Offerings at Natural Disaste…

November 9, 2022 - 9:09 am Finance, Press Releases
Source; World Oil

Traders clamor for Middle East oil amid Russia uncertainty

World Oil


(Bloomberg) – Many of the world’s oil refineries are rushing to try and guarantee supplies of Middle East crude for next year, fearful of what’s to become of Russia’s giant export program.

 

In under a month, almost …

CastleRock Green Energy Announces New Low-Carbon Fuel Manufacturing Facilities in Shelton, WA Made Possible by Democrats’ Inflation Reduction Act Tax Credits

CastleRock Green Energy Announces New Low-Carbon Fuel Manufacturing Facilities in Shelton, WA Made Possible by Democrats’ Inflation Reduction Act Tax Credits

CastleRock Green Energy Announces New Low-Carbon Fuel Manufacturing Facilities in Shelton…

November 7, 2022 - 8:53 pm Finance, Press Releases
HighPeak Energy, Inc. announces pricing of $225 million private placement of senior unsecured notes due November 2024

HighPeak Energy, Inc. announces pricing of $225 million private placement of senior unsecured notes due November 2024

Oil and Gas 360


FORT WORTH, Texas, Nov. 04, 2022 (GLOBE NEWSWIRE) — HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced the pricing of a private placement of $225 million principal amount of 10.625% senior unsecured notes …

Source: Reuters

Exxon faces $2 bln loss on sale of troubled California oil properties

BOE Report


Exxon Mobil Corp will take up to a $2 billion loss on the highly leveraged sale of a troubled California offshore oil and gas field that have been idled since a 2015 pipeline spill

 

The sale comes …

Source: Reuters

Big oil is not dancing to government tunes. Period.

Oil Price


Several days ago, President Biden made a media splash when he threatened oil companies with windfall taxes and “other restrictions” if they don’t stop returning cash to shareholders and start investing this cash in more oil production.

 …