360 News Desk – Page 350

EQT partners with Cheniere and others to advance GHG emissions monitoring technologies and protocols

June 10, 2021

EQT PITTSBURGH, June 10, 2021 /PRNewswire/ — EQT Corporation (NYSE: EQT) today announced that it has joined a project being led by Cheniere Energy, Inc., the largest U.S. producer of liquefied natural gas, and including several other upstream operators and leading academic institutions, with the purpose of advancing quantification, monitoring, reporting and verification (“QMRV”) of greenhouse gas (“GHG”) emissions performance

Weekly Gas Storage: Inventories increase by 88 Bcf- oil and gas 360

Weekly Gas Storage: Inventories increase by 98 Bcf

June 10, 2021

Natural Gas Inventories as of June 4, 2021 The EIA has released its natural gas inventory report, showing a net increase of 98 Bcf as of June 4, 2021. Working gas in storage was 2,411 Bcf as of Friday, June 4, 2021, according to EIA estimates. This represents a net increase of 98 Bcf from the previous week. Stocks were

Registration is open for The Oil & Gas Conference®, August 15-18, 2021 in Denver, Colorado- oil and gas 360

Register for The Oil & Gas Conference®, August 15-18, 2021 in Denver, Colorado

June 9, 2021

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.

Chart of the Week: Gasoline Demand Post-Covid 19

June 9, 2021

The Energy Information Administration (EIA) reports the number of miles traveled by vehicles which is a great indication of demand for hydrocarbons. On a monthly basis, the number of vehicle miles traveled increased in the first half of the year (January to June) and decreased during the second half of the year. Each year, vehicle miles increased by an average

Saudi Aramco raises $6 billion with debut sukuk

June 9, 2021

Reuters DUBAI- Saudi Arabian oil giant Aramco locked in another $6 billion on Wednesday to help fund a large dividend as it returned to the international debt markets with its first U.S. dollar-denominated sukuk sale, a document showed. The debt issuance, which will help fund a $75 billion dividend commitment that will mostly go to the government, comprises tranches of

Iran prepared to ramp up oil output quickly if U.S. sanctions eased – SHANA

June 9, 2021

Reuters DUBAI – Iran is planning a speedy increase in its oil output, a senior oil ministry official said on Wednesday, as talks continue between Tehran and six major powers to lift U.S. sanctions that have seen it pumping far below capacity since 2018. Iran and the six powers have been in talks since April to revive a 2015 nuclear

Exxon, union negotiators to meet over U.S. refinery lockout – official

June 9, 2021

Reuters HOUSTON – Negotiators for the United Steelworkers union (USW) and Exxon Mobil Corp will meet on Thursday for the first time since the company locked 650 workers out of its Beaumont, Texas, refinery on May 1, said a union official on Wednesday. “We will be trying to resolve the open issues,” said USW Staff Representative Hoot Landry. Exxon did

Canada’s oil sands producers form alliance to achieve net-zero emissions by 2050

June 9, 2021

Reuters Canadian oil sands producers said on Wednesday they would form an alliance to achieve net-zero greenhouse gas emissions from their operations by 2050, as the cash-rich firms come under pressure to meet the country’s goal on energy transition. Oil sands producers, which extract some of the world’s most carbon-intense crude, face investor pressure to reduce their environmental impact. Prime

Shell to step up energy transition after landmark court ruling

June 9, 2021

Reuters LONDON – Royal Dutch Shell will seek ways to accelerate its energy transition strategy and deepen carbon emission cuts following a landmark Dutch court ruling last month, CEO Ben van Beurden said on Wednesday, a move that will likely lead to a dramatic shrinking of its oil and gas business. Shell plans to appeal the May 26 court ruling

U.S. crude oil inventories increase by 0.5 million barrels- oil and gas 360

U.S. crude oil inventories decrease by 5.2 million barrels

June 9, 2021

Weekly Crude Oil Storage as of June 4, 2021 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 5.2 million barrels from the previous week. At 474.0 million barrels, U.S. crude oil inventories are about 4% below the five year average for this time of year, according to the EIA crude oil and petroleum

Register for The Oil & Gas Conference®, August 15-18, 2021 in Denver, Colorado

June 8, 2021

Chart of the Week: Gasoline Demand Post-Covid 19

June 8, 2021

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