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The 360 Digital Closing Bell Week Lookback – 3/27/2020

The 360 Digital Closing Bell Week Lookback – 3/27/2020

The 360 Digital Bell Week Lookback Report. Michael Tanner, the Host of the closing bell, Covers what happened during this week; the good the bad and the homely. 

Some of the key takeaways this week: 

  • 10 Million reduction in demand 
The 360 Digital Closing Bell Week Ahead – 3/23/2020

The 360 Digital Closing Bell Week Ahead – 3/23/2020

The 360 Digital Bell Week Ahead Report. Michael Tanner, the Host of the closing bell, goes over what to expect this week. We cover how the oil and gas market got to this point and what is just on the

What is ESG, and is it important in the energy space?

What is ESG, and is it important in the energy space?

Dan Genovese, Director Consulting Services, EnerCom, and myself, were able to sit down and talk about Environmental, Social, and Governance (ESG) and how it applies to the energy sector. Investors started looking at the ESG impact in the oil and

Source: Reuters

The losers — and even bigger losers — of an oil price war between Saudi Arabia and Russia

CNBC


An intensifying oil price war between Saudi Arabia and Russia has created “very painful” market conditions for the world’s largest crude producers, analysts have told CNBC, with many braced for sliding revenues over the coming months.

International benchmark Brent

FILE PHOTO: A man wearing a protective face mask, following an outbreak of the coronavirus, talks on his mobile phone in front of a screen showing the Nikkei index outside a brokerage in Tokyo, Japan, February 26, 2020. REUTERS/Athit Perawongmetha

Asian shares slammed in panicked trade, oil prices crash

SYDNEY (Reuters)


Asian shares were set for a pounding on Monday as investors fled to bonds to hedge the economic shock of the coronavirus, and oil plunged more than 20% after Saudi Arabia slashed its official selling price.

The world’s …

Fusion Energy Does Exist and US Nuclear Holds the Key

Fusion Energy Does Exist and US Nuclear Holds the Key

Fusion Energy Does Exist and US Nuclear Holds the Key...

March 8, 2020 - 11:14 am Electrical Power Generation, Popular 4
EnerCom Dallas – Capital Markets Panel – CAC Specialty and Tailwater Capitol

EnerCom Dallas – Capital Markets Panel – CAC Specialty and Tailwater Capitol

The Capital Markets Panel was at 2:35 P.M The presentation live streamed, and the recorded presentation is below. The participating companies are CAC Specialty and Tailwater Capital 

 

CAC Specialty  CAC Specialty: an integrated specialty insurance brokerage and

Source: Reuters

ESG for the Oil and Gas industry – what you need to know for 2020

Oil and Gas 360

Happy 2020!

Over the past six months, EnerCom has been crisscrossing the continent and meeting with oil and gas executives and the investment community to talk about Environmental, Social, and Governance (ESG).

Source: Reuters

There are

Texas-based flatbed carrier with 260 trucks shuts down, citing insurance costs – This is a sign of tough times for Oil Field Service companies.

Texas-based flatbed carrier with 260 trucks shuts down, citing insurance costs – This is a sign of tough times for Oil Field Service companies.

Freightwaves


Flatbed truckload operators have been unprofitable for most of 2019

Oil & Gas 360 Publishers Note: We have been watching the Oil Field Service (OFS) take serious losses due to the investor demand for short-term returns. Investors are …

Apache Corporation and Total S.A. Announce 50-50 joint venture in Block 58 Offshore Suriname; Total to become future operator

Apache Corporation and Total S.A. Announce 50-50 joint venture in Block 58 Offshore Suriname; Total to become future operator

Apache Corporation


Apache Corporation (NYSE, Nasdaq: APA) and Total S.A. (NYSE: TOT) today announced a joint venture agreement to explore and develop Block 58 offshore Suriname. Apache will receive various forms of consideration, including: $5 billion of cash carry on Apache’s first $7.5 billion of …

December 23, 2019 - 7:15 am Closing Bell Story‎, Mergers & Acquisitions, Offshore, Popular 4
The uncertain role of natural gas in the transition to clean energy

The uncertain role of natural gas in the transition to clean energy

MIT News



A new MIT study examines the opposing roles of natural gas in the battle against climate change — as a bridge toward a lower-emissions future, but also a contributor to greenhouse gas emissions.

The uncertain role of natural gas in the transition to clean energy - oilandgas360Natural gas, which is mostly …

December 18, 2019 - 4:41 pm Closing Bell Story‎, Energy News, Natural Gas News, Popular 4
Interview: Novatek steps on gas pedal with Arctic LNG 2 construction, plans downstream LNG business in Germany and Poland

Interview: Novatek steps on gas pedal with Arctic LNG 2 construction, plans downstream LNG business in Germany and Poland

LNG World News


Novatek steps on gas pedal with Arctic LNG 2 construction, plans downstream LNG business in Germany and Poland- oilandgas360

Russia’s Novatek is pressing ahead with the construction of its second Arctic liquefied natural gas (LNG) export project, while in the meantime also planning to develop LNG downstream business in Germany and Poland, according to the company’s

Amazon announces three new renewable energy projects in the US and Spain to support Amazon’s pledge to reach 80% renewable energy by 2024 and 100% renewable energy by 2030

Amazon announces three new renewable energy projects in the US and Spain to support Amazon’s pledge to reach 80% renewable energy by 2024 and 100% renewable energy by 2030

Business Wire


Amazon has launched over 70 renewable energy projects that are projected to deliver more than 5.3 million MWh of renewable energy annually.

Amazon Announces Three New Renewable Energy Projects in the US and Spain to Support Amazon’s Pledge to Reach 80% Renewable Energy by 2024 and 100% Renewable Energy by 2030 -oilandgas360

Amazon (NASDAQ: AMZN) today announced three new renewable energy projects in the US and Spain that …

Source: Houston Chronicle

Texas oil explorers say predictions of growth contradict dire reality

Houston Chronicle


Texas wildcatters, after years eye-rolling at shale skeptics, are now saying global analysts are underestimating just how severe the industry’s slowdown is.

What’s ticking folks off these days is how the International Energy Agency in Paris and the …

November 27, 2019 - 12:00 pm Closing Bell Story‎, Crude Oil News, Energy News, People, Popular 4
SitePro acquires Integrated Control Solutions

SitePro acquires Integrated Control Solutions

Energy Tech Leader, SitePro, Continues to Transform Industry with Acquisition of ICS

SitePro, the leading automation technology solutions and service provider for the energy industry, today announced the acquisition of Integrated Control Solutions (ICS). The acquisition of ICS brings together …

Source: Reuters

Shell warns slowing global economy could hit $25 billion buyback timetable

Source: Reuters


LONDON (Reuters) – Royal Dutch Shell warned on Thursday that uncertain economic conditions could slow its $25 billion share buyback program, the world’s largest, after its third-quarter profits easily beat expectations on strong oil and gas trading.

The …

Source: The Houston Chronicle

Big Oil circles Permian riches as shale stocks collapse

From The Houston Chronicle


A bloodbath in energy stocks is creating a rich opportunity for Big Oil to dominate America’s hottest shale play.

Independent producers in the Permian Basin of Texas and New Mexico are trading much lower than when …

Source: Elevate Midstream Partners

Tailwater-Backed Elevate Midstream Enters into Eight Year Agreement with Sabine Oil and Gas

By Tyler Losier, Energy Reporter, Oil & Gas 360

Elevate Midstream Partners enters into eight year gathering and treating agreement with Sabine Oil and Gas
Elevate Midstream Partners LLC, a private company based out of Houston, has entered into an

Oil Prices Could Crash by $30 if China Buys Iranian Crude: BofA

Oil Prices Could Crash by $30 if China Buys Iranian Crude: BofA

From CNBC


Crude oil prices could sink by as much as $30 a barrel if China decides to buy Iranian crude oil in retaliation to the latest U.S. tariff measures, according to Bank of America Merrill Lynch.

“While we retain …

Source: Lime Rock Resources

Buyer Revealed in Range’s $634 Million Appalachian Asset Sale

By Tyler Losier, Energy Reporter, Oil & Gas 360

Lime Rock Resources purchases 350,000 net surface acres of overriding royalty interests from Range Resources Corporation

Lime Rock Resources, the E&P arm of private equity firm Lime Rock Partners, has closed

Colorado: Aurora City Council Approves Operator Agreement with ConocoPhillips for 300-Well Development

Colorado: Aurora City Council Approves Operator Agreement with ConocoPhillips for 300-Well Development

By Bevo Beaven, Editor, Oil & Gas 360

Local control in Colorado: one city works out strict health, safety, environmental controls for oil and gas operators; lands in environmental movement crosshairs anyway
Adjacent to Denver’s eastern border, the city of

Oil and Gas Funding is Evolving: An Oil & Gas 360® Special Report

Oil and Gas Funding is Evolving: An Oil & Gas 360® Special Report

For now, Wall Street has turned off the shale funding spigot 

By Bevo Beaven, Editor, Oil & Gas 360, with Richard Rostad, Analyst

Oil and gas funding is evolving. Initial public offerings, secondaries and follow-on equity raises are no longer …

Export Bonanza: the U.S. Exported 2 Million Barrels per Day of Crude Oil in 2018 to 42 Destinations

Export Bonanza: the U.S. Exported 2 Million Barrels per Day of Crude Oil in 2018 to 42 Destinations

LOOP’s addition of crude export capability stomps the export accelerator 

In 2018, U.S. exports of crude oil rose to 2.0 million barrels per day (b/d), nearly double the 1.2 million b/d rate in 2017, according to new data from …

Colorado Energy Overhaul: After Sprinting through the Senate in 5 Days, Energy Bill Leaps to the House

Colorado Energy Overhaul: After Sprinting through the Senate in 5 Days, Energy Bill Leaps to the House

Colorado House Energy & Environment Committee will hear SB 19-181 on Monday
Revised Fiscal Note looks at oil and gas production and tax revenues
Colorado Democrats own all three branches of government in 2019.
It's been a head-spinning week watching

DJ Producers Weigh In on What They Expect in 2019

DJ Producers Weigh In on What They Expect in 2019

Two of the major DJ Basin producers, HighPoint Resources (stock ticker: HPR) and Bonanza Creek Energy (stock ticker: BCEI) held earnings calls last week, discussing prevailing views in one of the country’s premier shale basins.

By Richard Rostad, analyst, Oil …

Three Titans Tick Off $57 Billion in Profits

Three Titans Tick Off $57 Billion in Profits

Sizeable profits: ExxonMobil adds $20.8 billion, Chevron $14.8 billion, Shell $21.4 billion
Royal Dutch Shell (stock ticker: RDSA, $RDSA), ExxonMobil (stock ticker: XOM, $XOM) and Chevron (stock ticker: CVX, $CVX) have all reported 2018 earnings during the previous 24 hours.

Source: API

Gas Giant: the Stars Align for the Haynesville Shale

Oil & Gas Publishers Note 3/7/2020: The Haynesville Shale continues to be a steady producer. With the recent decline in rig counts the Haynesville has even added one last week. Keep up to date on the rig counts at the

The Oil & Gas Story in 2018 was Written by Strong Oil Prices

The Oil & Gas Story in 2018 was Written by Strong Oil Prices

Oil prices above breakeven for three quarters of the year positive for drillers

On the whole, 2018 produced good news for U.S. oil and gas companies, at least through the first three quarters of the year. Prices were above …

New Crude Oil Export Project Moves Forward in Corpus Christi

New Crude Oil Export Project Moves Forward in Corpus Christi

Lone Star Ports and Martin Midstream Partners will create exclusive VLCC export solution on Harbor Island
EPIC crude oil pipeline will connect Harbor Island to more than 1 MMBOPD
A week ago, the funding to dredge the Corpus Christi ship

Sanchez Energy Engages Financial Advisor to Explore Strategic Alternatives

Sanchez Energy Engages Financial Advisor to Explore Strategic Alternatives

Sanchez Energy Announces Engagement of Financial Advisor to Explore Strategic Alternatives