Reuters Oil prices extended losses on Tuesday on profit taking and a stronger U.S. dollar, but overall optimism about recovering demand kept a floor under prices. Brent crude was down 37 cents, or 0.5%, at $71.12 a barrel by 1335 GMT, after declining 0.6% on Monday. U.S. West Texas Intermediate oil was off by 27 cents, or 0.4%, at $68.96
EnerCom’s 26th The Oil & Gas Conference® brings a broad group of public and private energy companies, energy analysts, industry leaders and investors to Denver, Aug. 15-18, 2021. Institutional investors, portfolio managers, financial analysts, CIOs and other investment community professionals who invest in the energy space should register now for The Oil & Gas Conference® which will take place Aug.
Reuters A recovery in the price of oil to more than two-year highs is offering a long-awaited opening to companies and private equity firms to shed unloved assets in the U.S. oil patch. Sales of land parcels worth $6.9 billion have been announced in the first five months of 2021, almost eclipsing the $7 billion recorded in all of 2020,
Reuters MOSCOW – Rosneft has kicked off meetings with foreign contractors and suppliers for its massive Vostok Oil project, the Russian energy producer said on Monday. It aims to begin shipping oil from the planned project in 2024 via the Northern Sea Route, an alternative to the Suez Canal which shortens travels to the energy-hungry markets of Asia. It has
Reuters NEW YORK -Oil prices dipped on Monday, pulling back from two-year highs reached on expectations of improved demand and OPEC producers keeping supply curbs in place. Brent crude hit $72.27, the highest since May 2019, but by 11:18 a.m. EDT (1517 GMT) was down by 49 cents, or 0.7%, to $71.40. U.S. West Texas Intermediate touched $70 for the
Supports Goodnight Midstream’s Commitment to Significantly Reducing CO2 Emissions TXU Energy to Supply Goodnight with Clean Renewable Energy DALLAS, June 3, 2021 /PRNewswire/ — As part of its ongoing efforts to reduce greenhouse gas emissions, Goodnight Midstream LLC (“Goodnight”), a leading midstream produced-water infrastructure company, today announced that it has signed a 100 percent renewable energy contract with TXU Energy, a premier retail
THE WOODLANDS, Texas, June 07, 2021 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: R…
Enhances Civitas’ Scale and Synergy Potential, with Addition of Crestone’s Highly Complementary and Adjacent Assets Crestone Operations Support Civitas’ Commitment to Achieve Net-Zero Emissions DENVER, June 07, 2021 (GLOBE NEWSWIRE) — Civitas Resources, Inc. (“Civitas” or the “Company”), a Colorado energy leader that will be formed upon closing of the recently-announced merger of Bonanza Creek Energy, Inc. (NYSE: BCEI) (“Bonanza
EnerCom’s 26th The Oil & Gas Conference® brings a broad group of public and private energy companies, energy analysts, industry leaders and investors to Denver, Aug. 15-18, 2021. Institutional investors, portfolio managers, financial analysts, CIOs and other investment community professionals who invest in the energy space should register now for The Oil & Gas Conference® which will take place Aug.
Oil and Gas 360 This week’s Baker Hughes rig count shows that U.S. had a decrease of 1 over last week, resulting in a total count of 456 rigs. Canada had an increase of 15 over last week, resulting in a total Canadian count of 77 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Ardmore Woodford,
Fox Business EXCLUSIVE: The oil and gas industry launched a new ad campaign Thursday against North Face to shine a light on the outdoor apparel company‘s “crazy hypocrisy.” Chris Wright, the CEO of Denver-based Liberty Oilfield Services, is spearheading the campaign by putting up billboards around North Face’s Denver offices and launching a website and social media campaign, dubbed “Thank you, North Face.” The idea for the campaign
Reuters MILAN – Last week’s Dutch court decision against Royal Dutch Shell RDSa.L is not the way to solve the global decarbonisation issue and risks shifting the problem to private firms, the head of the world’s largest money manager said on Thursday. BlackRock BLK.N CEO Larry Fink said the ruling that requires Shell to deepen its planned greenhouse gas emission cuts was an
