Post Tagged with: "360 News Desk"

Kosmos Energy Announces Second Quarter 2020 Results

Kosmos Energy Announces Second Quarter 2020 Results

Kosmos Energy Ltd. (“Kosmos”) (NYSE: KOS) announced today the financial and ope…

Egypt’s Giant Oil Pipeline Toward Europe Slows to a Trickle

Egypt’s Giant Oil Pipeline Toward Europe Slows to a Trickle

Bloomberg

Egypt’s Sumed pipeline was designed to pump 2.5 million barrels of Persian Gulf crude from the Red Sea to the Mediterranean every day. Since May, a slump in oil demand and OPEC+ oil production cuts seem to have combined …

August 2, 2020 - 7:57 pm Crude Oil News, International, Pipeline News
Marathon Petroleum Corp. Announces Agreement for $21 Billion Sale of Speedway

Marathon Petroleum Corp. Announces Agreement for $21 Billion Sale of Speedway

360 Feed Wire


FINDLAY, Ohio, Aug. 2, 2020 /PRNewswire/ — Marathon Petroleum Corp. (NYSE: MPC) today announced that it and certain of its subsidiaries have entered into a definitive agreement with 7-Eleven, Inc., a wholly owned, indirect subsidiary of Seven …

Shell Australia to acquire environmental services firm Select Carbon

Shell Australia to acquire environmental services firm Select Carbon

Reuters


Aug 3 (Reuters) – Royal Dutch Shell’s Australia unit said on Monday it will buy environmental services firm Select Carbon as it seeks to cut back its emissions and expand its low-carbon and renewable power business.

Shell did not …

7-Eleven, Inc. Transforms its U.S. Store Network Through Acquisition of Speedway
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7-Eleven, Inc. Transforms its U.S. Store Network Through Acquisition of Speedway

IRVING, Texas , Aug. 2, 2020 /PRNewswire/ — 7-Eleven, Inc. (“7-Eleven”), the premie…

Former Senators Evan Bayh (D-IN) and Judd Gregg (R-NH) join a host of high-level politicos in a Nuclear Caucus August 4th in informing the public about the clear benefits that reliable, affordable and carbon-free electricity from nuclear power provides to America as part of Nuclear Matters. NUCLEAR MATTERS

Some Politicians Do Care About Nuclear Matters

Forbes


Oil & Gas 360 Publishers Note: We have been working on an article “A Balanced Power Plan for Humanity”. Nuclear is only one part of a complete plan to get the lowest kWh to all of the people to

Photo by: Weld County Sheriff's Office

Judge upholds Colorado air quality rules for oil, gas sites

KOAA


DENVER (AP) — A Denver district judge has dismissed a lawsuit by Weld County challenging new state regulations designed to cut oil and gas industry emissions.

District Judge Michael Martinez granted a motion by the state to dismiss the …

August 2, 2020 - 3:44 pm Energy News, Regulatory
Is Turkey Drilling For Oil & Gas In The Wrong Sea?

Is Turkey Drilling For Oil & Gas In The Wrong Sea?

Oilprice


Oil & Gas 360 Publsihers Note – this is a nice article fro Viktor Katona. Turkey is really pulling all the stops to get a steady supply of natural gas.

Whilst most of European media have narrowed down the …

August 2, 2020 - 2:11 pm International, Natural Gas News
Source: Reuters/Rodrigo Garrido

Inside Texas Politics: U.S. Energy Secretary expects ‘strong economic recovery’ for oil and gas

The price of oil continues to be depressed & rig counts are down dramatically in the Permian Basin. But the second half of 2020 is looking up, Dan Brouillette said.

 


August 2, 2020 - 1:08 pm Crude Oil News, Economy, Jobs
FILE PHOTO: A well head and drilling rig in the Yarakta oilfield, owned by Irkutsk Oil Company (INK), in the Irkutsk region, Russia, March 11, 2019. REUTERS/Vasily Fedosenko/File Photo

Russia says July oil output in line with OPEC+ deal

Reuters


MOSCOW (Reuters) – Russia’s Energy Ministry said on Sunday that the country’s oil output in July was unchanged from levels seen in June, in line with an OPEC+ agreement.

The ministry added that its level of compliance with the …

August 2, 2020 - 12:59 pm Commodity Pricing, Crude Oil News, International
BHE Compression Services Offers Industry-Leading Sustainable Natural Gas Compression
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BHE Compression Services Offers Industry-Leading Sustainable Natural Gas Compression

BHE Compression Services, a newly formed Berkshire Hathaway Energy business, will offer natur…

August 1, 2020 - 2:25 pm Press Releases, Renewable Energy
National Fuel Completes Acquisition of Shell’s Integrated Upstream and Midstream Assets in Pennsylvania

National Fuel Completes Acquisition of Shell’s Integrated Upstream and Midstream Assets in Pennsylvania

WILLIAMSVILLE, N.Y., July 31, 2020 (GLOBE NEWSWIRE) — National Fuel Gas Company (NYSE: NFG…

EnerCom’s The Oil & Gas Conference 1 x 1 investor meeting requests OPEN! Comstock Resources presenting

EnerCom’s The Oil & Gas Conference 1 x 1 investor meeting requests OPEN! Comstock Resources presenting

The Oil & Gas Conference


Publisher’s Note:  1 x 1 investor meeting requests OPEN! Comstock Resources presenting.

Please register to join us this August 17-19, 2020 on our 25th Anniversary of The Oil & Gas Conference.

Unprecedented times call …

July 31, 2020 - 3:45 pm Closing Bell Story‎, Crude Oil News, Energy News, TOGC25
Source: Reuters

Oil set for fragile recovery as economies limp towards normal: Reuters poll

Reuters


Oil prices are set for a slow crawl upwards this year as the gradual easing of coronavirus-led restrictions buoy demand, although a second COVID-19 wave could slow the pace of recovery, a Reuters poll showed on Friday.

The survey …

July 31, 2020 - 3:30 pm Closing Bell Story‎, Crude Oil News, Energy News, Finance
Source: Reuters

Refiner Phillips 66 posts smaller-than-expected loss on higher retail margins

Reuters


Phillips 66 posted a smaller-than-expected loss on Friday as the refiner’s retail marketing business, which buys and resells petroleum products, benefited from a decline in prices following the coronavirus crisis.

The unit buys refined products from others and resells …

U.S. rig count had no change this week, at 251

U.S. rig count had no change this week, at 251

Oil and Gas 360


This week’s Baker Hughes rig count shows that U.S. had no change over last week, resulting in a total count of 251 rigs. Canada had an increase of 3 over last week, resulting in a total …

Source: Reuters

Chevron posts $8.3 billion second-quarter loss on write downs, job cuts

Reuters


HOUSTON  – Chevron Corp (CVX.N) on Friday reported an $8.3 billion loss in the second quarter on asset writedowns from plummeting fuel prices, a forced exit from Venezuela and expenses tied to thousands of jobs cuts.

Multibillion-dollar …

Noble Corporation plc Announces Comprehensive Financial Restructuring And Deleveraging Transaction

Noble Corporation plc Announces Comprehensive Financial Restructuring And Deleveraging Transaction

LONDON , July 31, 2020 /PRNewswire/ — Noble Corporation plc (NYSE: NE) (“Noble” or …

Source: Reuters

Dominion takes $2.8 billion charge to exit Atlantic Coast natgas pipe

Reuters


U.S. energy company Dominion Energy Inc (D.N) said Friday it took a $2.8 billion charge in the second quarter related to the cancellation of the Atlantic Coast natural gas pipeline from West Virginia to North Carolina.

Atlantic …

Source: CNBC

Oil prices bounce back from 3-week lows, but economic headwinds loom

CNBC


Oil prices rose on Friday, recovering further ground after touching three-week lows in the previous session, hit by a record decline in U.S. growth as the coronavirus ravaged the world’s biggest economy and oil consumer.

Brent crude was up …

ExxonMobil Reports Results for Second Quarter 2020
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ExxonMobil Reports Results for Second Quarter 2020

Global oversupply and COVID-related demand impacts drive second quarter loss of $1.1 billi…

Imperial announces second quarter 2020 financial and operating results
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Imperial announces second quarter 2020 financial and operating results

Imperial Oil Limited (TSX:IMO): Net loss of $526 million primarily driven by lower Upst…

July 31, 2020 - 6:04 am Earnings, Finance, Press Releases
SHELL MIDSTREAM PARTNERS, L.P. 2nd QUARTER 2020 UNAUDITED RESULTS

SHELL MIDSTREAM PARTNERS, L.P. 2nd QUARTER 2020 UNAUDITED RESULTS

Houston, July 31, 2020 (GLOBE NEWSWIRE) — Shell Midstream Partners, L.P. (NYSE: SHLX) (the…

July 31, 2020 - 6:04 am Earnings, Finance, Press Releases
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Dominion Energy Names New Executive Leadership Team

RICHMOND, Va. , July 31, 2020 /PRNewswire/ — Dominion Energy (NYSE: D) today announ…

July 31, 2020 - 5:16 am Corporate Governance, People, Press Releases
Source: W&T Offshore

W&T Offshore Announces Timing of Second Quarter 2020 Earnings Release and Conference Call

HOUSTON, July 31, 2020 (GLOBE NEWSWIRE) — W&T Offshore, Inc. (NYSE: WTI) today announc…

July 31, 2020 - 5:16 am Conference Calls & Webcasts, Earnings, Press Releases
TransAlta Renewables Reports Second Quarter 2020 Results

TransAlta Renewables Reports Second Quarter 2020 Results

TransAlta Renewables Reports Second Quarter 2020 Results Canada NewsWire CALGARY…

Chevron Announces Second Quarter 2020 Results

Chevron Announces Second Quarter 2020 Results

Capital and operating cost reductions on track Second quarter loss of $8.3 billion; ad…

July 31, 2020 - 5:15 am Earnings, Finance, Press Releases

Trican Reports Second Quarter Results for 2020

Calgary, Alberta–(Newsfile Corp. – July 31, 2020) – Trican Well Service Ltd. (TSX: TCW) (” Tr…

July 31, 2020 - 5:15 am Earnings, Finance, Oilfield Services, Press Releases
Argentine Supreme Court Rejects Fraudulent Ecuadorian Judgment Against Chevron

Argentine Supreme Court Rejects Fraudulent Ecuadorian Judgment Against Chevron

Argentina’s highest court unanimously rejected the plaintiffs’ final bid to e…

July 31, 2020 - 4:40 am International, Law, Press Releases
Northern Oil and Gas, Inc. Announces Multiple Acquisitions and Additional Balance Sheet Enhancement
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Northern Oil and Gas, Inc. Announces Multiple Acquisitions and Additional Balance Sheet Enhancement

HIGHLIGHTS Acquisitions in total consist of 400 net acres, 0.7 net producing wells, 1…