Post Tagged with: "360 News Desk"

EnerCom’s The Oil & Gas Conference registration is open

EnerCom’s The Oil & Gas Conference registration is open

Oil and Gas 360


Publisher’s Note: REGISTER NOW! Please join us this August 17-19, 2020 on our 25th Anniversary of The Oil & Gas Conference

Unprecedented times call for unprecedented solutions, this year’s conference will be the first hybrid …

July 14, 2020 - 3:45 pm Closing Bell Story‎, Crude Oil News, Energy News, TOGC, TOGC25
Haynes and Boone Replay: Weekly Energy Tracker Call  07-14-2020

Haynes and Boone Replay: Weekly Energy Tracker Call 07-14-2020

Oil and Gas 360


Weekly Energy Tracker Call (07/14/20)

Haynes and Boone, AEGIS and EnerCom welcome you to a weekly series of webex meetings to discuss business and legal issues erupting in the oil and gas world.

Replay: Weekly

Source: CNBC

Joe Biden unveils $2 trillion green infrastructure and jobs plan

CNBC


Former Vice President Joe Biden released a sprawling plan Tuesday to revamp American infrastructure and energy to both curb climate change and spur economic growth.

The presumptive Democratic presidential nominee’s proposal aims to achieve carbon-free power generation by 2035. …

Source: Reuters

BlackRock cast tougher climate votes, environmentalists want more

Reuters


BOSTON – BlackRock Inc (BLK.N) released figures showing it took a tougher stance on climate matters in the springtime proxy season, though it drew criticism from environmentalists claiming the top asset manager failed to back up its …

Source: Fox Business

Will the left kill America’s energy dominance?

Fox Business


If the “liberal” green movement had the political power during earlier periods of our nation’s history that it has now, we would not have built the railroads.

Also, there would be no interstate highway system, and the electric …

Source: Reuters

OPEC sees oil demand soaring in 2021 but still below 2019

Reuters


LONDON – Global oil demand will soar by a record 7 million barrels per day (bpd) in 2021 as the global economy recovers from the coronavirus crisis but will remain below 2019 levels, OPEC said in its monthly report.…

Venezuela crude output falls in June to lowest since Feb 1943, OPEC data show

Venezuela crude output falls in June to lowest since Feb 1943, OPEC data show

Reuters


Venezuela’s crude output fell in June to the lowest level in nearly eight decades, data the country provided to OPEC showed on Tuesday, as U.S. sanctions on state oil company Petroleos de Venezuela choke off exports.

Venezuela crude output falls in June to lowest since Feb 1943, OPEC data show- oil and gas 360

Venezuela’s production tmsnrt.rs/2SNPoam …

July 14, 2020 - 10:30 am Closing Bell Story‎, Crude Oil News, Energy News
Aramco plans downstream shake up

Aramco plans downstream shake up

EnergyVoice


Saudi Aramco has launched a reorganisation of its downstream business with the aim of maximising value.

The company expects to complete the work by the end of the year.

Aramco Downstream’s senior vice president Abdulaziz M. Al Gudaimi said …

OPEC launches its 2020 Annual Statistical Bulletin

OPEC launches its 2020 Annual Statistical Bulletin

360 Feedwire


The OPEC Secretariat today launched the 55th edition of one of its flagship publications, the Annual Statistical Bulletin (ASB), via videoconference and livestream on the OPEC website (www.opec.org).

The launch was attended by Mohammad Sanusi Barkindo, OPEC Secretary …

L-R: Wilhem H Mohn & Georg Kell

Bloomberg hosts Future of ESG Investing virtual roundtables with Georg Kell & Wilhem H Mohn

Webwire


Bloomberg hosted two exclusive virtual roundtables with over 60 C-suite executives in Asia to discuss the future of ESG investing. The two keynote speakers were Georg Kell, Chairman of Arabesque & Founding Director of UN Global Compact and Wilhelm …

July 14, 2020 - 8:15 am ESG
Ares Management, Cyrus, and Keyframe Partner with Wunder Capital to Invest in the U.S. Commercial Solar Market
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Ares Management, Cyrus, and Keyframe Partner with Wunder Capital to Invest in the U.S. Commercial Solar Market

Amid COVID-19 and Broader Market Turbulence, Commitment of More Than $100 Million Demonstrat…

Calfrac Announces Commencement of CBCA Stay Proceedings, Recapitalization Transaction and Financial Update

Calfrac Announces Commencement of CBCA Stay Proceedings, Recapitalization Transaction and Financial Update

Calfrac Announces Commencement of CBCA Stay Proceedings, Recapitalization Transaction and …

July 14, 2020 - 7:52 am Finance, Press Releases
Courtesy of Woodside

Australian LNG major Woodside takes $4.3 bln impairment hit

Offshore Energy


Australian LNG major Woodside is bracing for a $4.37 billion impairments hit following an asset value review.

The company is expected to take a $2.76 billion hit in its financial statements for the half-year ended June 30, 2020, …

Weatherford signs 18-month contract with Iraqi Drilling Company

Weatherford signs 18-month contract with Iraqi Drilling Company

360 Feedwire


Agreement cover services and project management for drilling and completion of 20 wells

Weatherford International plc has signed an 18-month contract with the Iraqi Drilling Company (IDC) to provide services and project management for the drilling and completion …

July 14, 2020 - 7:00 am Crude Oil News, International, Oilfield Services
EnerCom’s The Oil & Gas Conference registration is open

EnerCom’s The Oil & Gas Conference registration is open

Oil and Gas 360


Publisher’s Note: REGISTER NOW! Please register to join us this August 17-19, 2020 on our 25th Anniversary of The Oil & Gas Conference

Unprecedented times call for unprecedented solutions, this year’s conference will be the …

July 13, 2020 - 3:45 pm Closing Bell Story‎, Crude Oil News, Energy News, TOGC25
Source: Reuters

Russia keeps U.S. fuel oil exports high as Washington seeks to replace Venezuelan barrels

Reuters


MOSCOW – Russia kept fuel oil exports to the United States close to its record-highs in the first six months of this year, as Washington looks to replace the heavy Venezuelan barrels it stopped buying a year ago, traders …

July 13, 2020 - 3:30 pm Closing Bell Story‎, Crude Oil News, Energy News
Source: Reuters

Column: Hedge funds pause oil buying as rally stalls

Reuters


LONDON – Hedge funds have stopped buying oil in recent weeks as the rally that carried prices higher during May and June has run out of momentum, amid concerns about the faltering economic recovery

 

Hedge funds and other …

Source: Reuters

U.S. natgas output rises after W.Va. Mountaineer pipe returns

Reuters


U.S. natural gas production rose over the weekend after TC Energy Corp’s Mountaineer Xpress pipeline in West Virginia returned to service following unplanned work, according to the company and data from Refinitiv.Pipeline data showed U.S. output climbed to 88.2 …

Hi-Crush Inc. Enters into Restructuring Support Agreement with Unsecured Noteholders
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Hi-Crush Inc. Enters into Restructuring Support Agreement with Unsecured Noteholders

HOUSTON , July 13, 2020 /PRNewswire/ — Hi-Crush Inc. (NYSE: HCR), (“Hi-Crush” or th…

July 13, 2020 - 12:42 pm Bankruptcy, Press Releases
Latest round of major tests completed on Vogtle Unit 3 containment vessel
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Latest round of major tests completed on Vogtle Unit 3 containment vessel

ATLANTA , July 13, 2020 /PRNewswire/ — A major testing milestone on the Vogtle Unit 3 co…

July 13, 2020 - 12:42 pm Nuclear, Power Generation, Press Releases
Warren Buffett adds Energy Stocks to Portfolio as Recovery Presents Opportunity

Warren Buffett adds Energy Stocks to Portfolio as Recovery Presents Opportunity

Warren Buffett has built his nearly half-a-trillion-dollar Berkshire Hathaway (NYSE: BRK.A)(N…

July 13, 2020 - 12:41 pm Capital Markets, Economy, Press Releases
Source: CNBC

IMF slashes growth forecasts in the Middle East again amid an ‘unusually high level of uncertainty’

CNBC


The International Monetary Fund revised its growth forecasts for the Middle East and North Africa downward again amid an “unusually high level of uncertainty,” according to its latest regional economic report.

It now expects MENA economies to contract 5.7%

Source: Reuters

OPEC chief sees oil market moving closer to balance before key meeting

Reuters


LONDON/DUBAI – The oil market is getting closer to balance as demand gradually rises, OPEC’s secretary general said on Monday, two days before the group and ally Russia meet to decide whether to ease output curbs from August.

The …

July 13, 2020 - 10:30 am Closing Bell Story‎, Crude Oil News, Energy News, OPEC
Source: Reuters

Oil dips on surge in COVID-19 infections

Reuters


LONDON – Oil prices fell on Monday on a record daily rise in global coronavirus cases, with big spikes in infections over the weekend in the United States, while traders await an OPEC meeting expected to recommend an easing …

July 13, 2020 - 9:30 am Closing Bell Story‎, Crude Oil News, Energy News
OPEC, allies set to ease oil cuts, seeing pandemic recovery – Fox Business Video

OPEC, allies set to ease oil cuts, seeing pandemic recovery – Fox Business Video

Fox Business


Oil & Gas Publishers Note: Key Point: “If OPEC clings to restraining production to keep up prices, I think it’s suicidal,” said a person familiar with the Saudis’s thinking. “There’s going to be a scramble for market share,

After the Bushfires and Amid the Pandemic, Australia’s Fossil Fuel Industry Is Gaining Steam

After the Bushfires and Amid the Pandemic, Australia’s Fossil Fuel Industry Is Gaining Steam

Jacobin


Oil & Gas Publishers Note: There are some key takeaways from this article from Zacharlas Szumer in Australia. The country was devastated by wildfires, then Covid, and now on to recovery. They are undergoing a typical “push-me-pullu” (Spelling from

Fisker Inc. To List On NYSE Through Merger With Apollo Affiliated Spartan Energy Acquisition Corp.
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Fisker Inc. To List On NYSE Through Merger With Apollo Affiliated Spartan Energy Acquisition Corp.

– Transaction to provide more than $1 billion of gross proceeds to the company, including…

Tellurian’s $2.5 billion Petronet deal expires, company fails to qualify for LNG supply

Tellurian’s $2.5 billion Petronet deal expires, company fails to qualify for LNG supply

DH


US energy upstart Tellurian has failed to qualify in a tender for supply of competitively priced gas to India just as its $2.5 billion tentative stake sale deal with Petronet LNG Ltd expired, officials said.

Petronet, India’s biggest gas

July 12, 2020 - 8:09 pm International, LNG
Mammoth Heat Wave Lasting “Weeks” Will Cause Painful Spike In Utility Bills For Poor Americans

Mammoth Heat Wave Lasting “Weeks” Will Cause Painful Spike In Utility Bills For Poor Americans

Forbes


Oil & Gas 360 Publishers Note: Nice article by Scott Carpenter, Forbes, about the rising costs of electricity to the lower income group of Americans. What many people do not realize is that the additional cost burden for solar

Crews install one of two turbines for Dominion Energy's Coastal Virginia Offshore Wind project off the coast of Virginia Beach, Va. Dominion Energy plans to invest billions in offshore wind as it pivots away from natural gas pipelines and slashes greenhouse gas emissions.
Source: Dominion Energy Inc.

Dominion points to ESG as key factor in decision to off-load gas assets

S&P Global


Oil & Gas 360 Publishers Note: We have been seeing that ESG is being tied to capital, investor confidence, and public opinion. We also see that if you do not have a well articulated ESG program you (as