Popular 2

Enbridge Inc. is a leading North American energy infrastructure company. We safely and reliably deliver the energy people need and want to fuel quality of life. Our core businesses include Liquids Pipelines, which transports approximately 25 percent of the crude oil produced in North America;

Line 5 shutdown and what that means for Canadians

BOE


Oil & Gas 360 Publisher’s Note – This is an excellent example of the courts taking one side of the energy market and hurting many people. This is a bad short term decision, and is bad for Canada and

Source: CNBC

Oil prices rise on drop in U.S. unemployment, crude stockpiles

CNBC


Oil prices rose on Thursday after data showed a fall in U.S. unemployment and a sharp drop in crude stockpiles, although concerns that a spike in U.S. coronavirus infections could stall a recovery in fuel demand kept gains in …

Saudi Aramco CEO Amin Nasser said that "the worst is behind us" for oil markets, in a recorded interview at CERAWeek.

Saudi Aramco CEO says the ‘worst is behind us’ for oil markets

Oil & Gas


Amin Nasser is optimistic about the second half of the year, and credited IKTVA and previous attacks on Aramco helped it build resilience before the pandemic

Saudi Aramco CEO Amin Nasser said that “the worst is behind …

bp agrees to sell its petrochemicals business to INEOS

bp agrees to sell its petrochemicals business to INEOS

360 Feed Wire


bp today announced that it has agreed to sell its global petrochemicals business to INEOS for a total consideration of $5 billion, subject to customary adjustments. The agreed sale, the next strategic step in reinventing bp, will …

Source: © Getty Representational image

Tankers Carrying Venezuelan Oil Stuck at Sea

MarineLink


Oil & Gas Publishers Note: We have been covering this story on China and other countries trying to go around the U.S. sanctions on Venezuela. It is interesting that the refineries are watching where the shipments are originating. 16

Chevron is seeking to sell its stake in Australia's largest and oldest LNG project.CREDIT:AFP PHOTO

Chevron puts stake in $34b North West Shelf LNG venture up for sale

The Sydney Morning Herald


Energy giant Chevron is looking to sell its 16.6 per cent stake in Australia’s largest and longest-running liquefied natural gas project, the $34 billion North West Shelf joint venture.

The United States-based company on Thursday said …

New pipeline tariff, authorisation policy to push for higher share of gas in energy basket

New pipeline tariff, authorisation policy to push for higher share of gas in energy basket

Energyworld


Oil & Gas 360 Publishers Note: The United States could learn from India on getting pipelines approved through regulations. Great policies for affordable energy for the growing population. 

New Delhi: In a bid to raise the share of …

Extraction Oil & Gas, Inc. Files for Chapter 11 Protection

Extraction Oil & Gas, Inc. Files for Chapter 11 Protection

DENVER, June 14, 2020 (GLOBE NEWSWIRE) — Extraction Oil & Gas, Inc. (NASDAQ: XOG) (together with its subsidiaries, “Extraction” or the “Company”) announced today that the Company has voluntarily filed for petitions for relief under chapter 11 of the U.S. …

Source: Reuters

Shell weighs sale of $2 billion-plus stake in Queensland LNG facilities

Reuters


MELBOURNE/SYDNEY – Royal Dutch Shell (RDSa.L) is considering raising more than $2 billion from the sale of a stake in the common facilities at its Queensland Curtis LNG plant in Australia, according to a sale flyer reviewed …

The Incoming Glut: Excessive Levels of Heavy Crude Supply in a Saturated Market

The Incoming Glut: Excessive Levels of Heavy Crude Supply in a Saturated Market

RarePetro


Oil & Gas 360 Publishers Note:  Kevin Olson has assembled great data points about the influx of fifty million barrels of foreign crude oil to the United States, and may offset most of the production cuts. Pushing out any

Coronavirus is causing the biggest fall in global energy investment in history: IEA

Coronavirus is causing the biggest fall in global energy investment in history: IEA

Oil&Gas


Impacts are being felt across the energy world, from fuel and power supply to efficiency, with serious implications for energy security and clean energy transitions

Oil & Gas 360 Publishers Note: Carla Sertin writes an excellent summary of the

Texas fears losing oil-rich lands in Chinese takeover of weakened energy companies

Texas fears losing oil-rich lands in Chinese takeover of weakened energy companies

Fox Business


‘It’s a national security concern to allow unfriendly foreign countries to come in and buy land and oil’

Plunging prices have wreaked havoc on Texas oil companies struggling to avoid a wave of bankruptcies that has ravished the …

May 17, 2020 - 12:33 pm Popular 2, Uncategorized
OFS stocks lost half their value since 2020 began

OFS stocks lost half their value since 2020 began

Oil&Gas


The best performers among services companies were in the EPCI sector

Oil & Gas 360 publishers note: This is an excellent article by Carla Sertin. She uses information from Rystad, and highlights several key points.  “The result of

Transocean $RIG Trading Report

Transocean $RIG Trading Report

The Transocean (NYSE: RIG) update and the technical summary table below can help you manage risk and optimize returns. Here we provide day, swing, and longer-term trading plans for RIG, and we cover 1000 other stocks too.

May 12, 2020 - 7:30 pm Earnings, Popular 2, Press Releases
Saudi Arabia and Kuwait start cutting oil output ahead of schedule

Saudi Arabia and Kuwait start cutting oil output ahead of schedule

Oil&Gas


The two nations acted prior to the May 1 deadline set by OPEC+

Saudi Aramco has reportedly started reducing production from 12 million barrels per day (bpd) to hit its target of 8.5 mbpd, Bloomberg reported. It made the …

April 26, 2020 - 5:36 am Crude Oil News, Crude Oil Storage, International, OPEC, Popular 2
Offshore drillers to see contract cancellations of up to $3 billion until 2021

Offshore drillers to see contract cancellations of up to $3 billion until 2021

Oil&Gas


The estimated contract value in 2020-2021 is $30 billion in total

The Covid-19 epidemic and the ongoing oil price war have ravaged global energy markets during the last two months, and offshore drilling in particular is among the most …

ExxonMobil reduces 2020 Capex by 30%, Cash Opex by 15%; maintains long-term outlook

ExxonMobil reduces 2020 Capex by 30%, Cash Opex by 15%; maintains long-term outlook

360 Feed Wire


IRVING, Texas–(BUSINESS WIRE)–ExxonMobil said today it is reducing its 2020 capital spending by 30 percent and lowering cash operating expenses by 15 percent in response to low commodity prices resulting from oversupply and demand

Source: CNBC

Trump tells CNBC he spoke to Putin, MBS and expects Saudis, Russia to announce 10 million barrel cut

CNBC


President Donald Trump expects Russian President Vladimir Putin and Crown Prince of Saudi Arabia Mohammed Bin Salman to announce a deal on a production cut, the president said to CNBC.

The president is expecting a cut of 10 million …

Source: Reuters

Should President Trump take immediate executive action on Russian, Saudi & OPEC oil imports?

Oil & Gas 360


Should President Trump Take Immediate Executive Action on Russian, Saudi & OPEC Oil Imports?

Yes. This is a “Just Do It” moment for President Trump.

On March 17th I co-authored and article with Daniel Turner …

Exclusive 360 Energy Expert Network Video Interview: The Port of Corpus Christi seen trouble before, and is open for business.

Exclusive 360 Energy Expert Network Video Interview: The Port of Corpus Christi seen trouble before, and is open for business.

The Port of Corpus Christi in the western Gulf of Mexico is one of key components in the life blood for imports and exports in the United States. They the 2nd in tonnage,  and the largest port in revenue in

Source: Houston Chronicle

Occidental, Icahn may be near deal to end boardroom battle

Houston Chronicle


Activist investor Carl Icahn is nearing a truce with Occidental Petroleum Corp. that will see three new directors appointed to the oil company’s board, according to people familiar with the matter.

The deal would also see the billionaire …

Source: Houston Chronicle

Man-made natural gas disaster for New England

Energy Central


Oil & Gas Publishers Note: Excellent piece by Ron Miller about importing liquefied natural gas from Russia into the New England area, rather than using resources from the United States. 

Boston is importing liquefied natural gas from Russia, …

Source: CNBC

For investors shaken by Dow plunge, Warren Buffett’s new advice on finding long-term market winners

CNBC

Lost in the hoopla over Berkshire Hathaway chairman and CEO Warren Buffett’s latest annual shareholder letter this past weekend was an implicit warning to the finance executives and managers who run corporate America: Now is the time to be

February 26, 2020 - 3:00 pm Capital Markets, Closing Bell Story‎, Economy, People, Popular 2
EnerCom Dallas – Midstream Panel: Flatrions Field Services, Cureton Midstream, Vaquero Midstream

EnerCom Dallas – Midstream Panel: Flatrions Field Services, Cureton Midstream, Vaquero Midstream

The Midstream Panel was at 3:45 P.M The presentation live streamed, and the recorded presentation is below. 

 

The participating companies are Flatirons Field ServicesCureton Midstream and Vaquero Midstream.

 

Flatirons Field Services, -Flatirons Field Services

EnerCom Dallas – Energy Funders – The First Global Alternative Energyvesting Platform

EnerCom Dallas – Energy Funders – The First Global Alternative Energyvesting Platform

Casey Minshew from Energy Funders presentation was live streamed, and the recorded presentation is below. 

 

The Energy Funders  presentation was an outstanding view of the new model of investing in the oil and gas market. 

 

All of

EnerCom Dallas – Haynes and Boone, LLP

EnerCom Dallas – Haynes and Boone, LLP

Haynes and Boone, LLP Corporate presentation at  2:35 pm CST was live streamed, and the recorded presentation is below.

Haynes and Boone, LLP is one of the American Lawyer top 100 law firms, with more than 575 lawyers in 17

EnerCom Dallas – Northern Oil & Gas – Why Northern Is Better

EnerCom Dallas – Northern Oil & Gas – Why Northern Is Better

Northern Oil & Gas Corporate presentation at  8:50 am CST was live streamed, and the recorded presentation is below.

Strong
Balance Sheet
& Liquidity in the Williston Basin

 



Strong Balance Sheet & Liquidity

 



L
arge Captured Resources on

EnerCom Dallas – GeoPark Corporate Investor Presentation

EnerCom Dallas – GeoPark Corporate Investor Presentation

GeoPark Corporate presentation at 10:05 am CST was live streamed, and the recorded presentation is below.

 

Jim Park covers the rich 17 year track record of GeoPark, and some of the reasons for their success.  Their slogan"Creating

Source: Reuters

Russia says it needs more time to decide on any OPEC oil output cut

Reuters


MINERALNYE VODY, Russia – Russia said on Friday it needed more time to decide whether to join any additional oil output cut by OPEC, saying U.S. crude production growth would slow and global demand remained solid.

Energy Minister Alexander …

February 7, 2020 - 1:00 pm Closing Bell Story‎, Crude Oil News, Energy News, OPEC, Popular 2
ourced from active eolian sand dunes of the Quaternary period, Kermit’s natural proppant is very well sorted with a high quartz content. Source: Hi-Crush Partners

Hi-Crush Inc. Reports Preliminary Fourth Quarter 2019 Results and Provides Business Updates

Hi-Crush Inc. Reports Preliminary Fourth Quarter 2019 Results and Provides Business Updates