Post Tagged with: "crude oil"

Patterson-UTI reports drilling activity for July 2021

Patterson-UTI reports drilling activity for July 2021

Patterson-UTI Reports Drilling Activity for July 2021 PR Newswire HOU…

August 4, 2021 - 9:10 am Crude Oil News, Earnings, Energy News, Press Releases
Source: Reuters

Saudi Arabia may raise Sept crude prices for 2nd month

Reuters


SINGAPORE – Top oil exporter Saudi Arabia is expected to raise prices across various grades of crude oil it sells to Asia in September for a second straight month, tracking the strength in Middle East benchmarks, trade sources said.…

Source: Reuters

ExxonMobil makes new discovery off Guyana’s coast

Nasdaq


Exxon Mobil Corp XOM.N said on Wednesday it has made a new discovery at Longtail-3 in the Stabroek Block offshore Guyana, as the U.S. oil major develops one of the world’s most important new oil and gas blocks in …

Source: Reuters

Colonial Pipeline paid hackers nearly $5 million in ransom

Bloomberg


(Bloomberg) — Colonial Pipeline Co. paid nearly $5 million to Eastern European hackers on Friday, contradicting reports earlier this week that the company had no intention of paying an extortion fee to help restore the country’s largest fuel pipeline, …

Source: Bloomberg

Imperial announces first quarter 2021 financial and operating results

Imperial Oil Limited (TSX, NYSEAM: IMO): Net income of $392 million in th…

Source: Reuters

ExxonMobil earns $2.7 billion in first quarter 2021

First Quarter 2021 Results and Management Perspectives Cash flow from operati…

Chevron announces first quarter 2021 results

Chevron announces first quarter 2021 results

Earnings of $1.4 billion; adjusted earnings of $1.7 billion Capital spending…

Valero Energy reports first quarter 2021 results

Valero Energy reports first quarter 2021 results

Reported a net loss attributable to Valero stockholders of $704 million, or $1.73 per…

Source: Reuters

Exclusive: Incoming Petrobras CEO says he has no plans to push out executives

Reuters


RIO DE JANEIRO – Joaquim Silva e Luna, the incoming CEO of Brazil’s state-run oil company Petrobras, told Reuters that at least part of the executive board could stay on when he takes over in April, a signal that …

Source: Reuters

Column: Hedge funds stay bullish as OPEC+ supports oil

Reuters


LONDON  – Hedge funds were small buyers of petroleum in the most recent week, reversing small sales in the two previous weeks, as the outlook for prices becomes more uncertain after a strong four-month rally.

Hedge funds and other …

Source Reuters

Real-time oil appetite catches up with futures rally

Reuters


LONDON/SINGAPORE/MOSCOW – Sales of physical crude oil are gaining pace at higher prices following a rally in the futures market, traders and analysts said, as expectations mount of near-term increases in demand.

Global benchmark Brent futures are trading above …

The Energy Venture Investment Summit-Arcadia Minerals Interview

The Energy Venture Investment Summit-Arcadia Minerals Interview

Oil and Gas 360


Publishers Note: Looking to permit and develop two advanced stage critical minerals deposits in Wyoming : Arcadia Minerals – Presenting tomorrow Feb 11, 2021 at 11:05 a.m., at The Energy Venture Investment Summit presented

The Energy Venture Investment Summit-US Strategic Minerals Interview

The Energy Venture Investment Summit-US Strategic Minerals Interview

Oil and Gas 360


Publishers Note: A new dawn of commercialization of CO2 capture: US Strategic  Minerals – Presenting tomorrow February 11, 2021 at 9:25 a.m., at The Energy Venture Investment Summit presented by EnerCom and Colorado School of

The Energy Venture Investment Summit-Cowboy Clean Fuels Interview

The Energy Venture Investment Summit-Cowboy Clean Fuels Interview

Oil and Gas 360


Publishers Note: Utilize subsurface coal seams as geobio-reactors to produce low-carbon renewable natural gas : Cowboy Clean Fuels – Presenting tomorrow February 11, 2021 at 9:05 a.m. at  The Energy Venture Investment Summit presented by

The Energy Venture Investment Summit-Aureus Energy Services Interview

The Energy Venture Investment Summit-Aureus Energy Services Interview

Oil and Gas 360


Publishers Note: Creating innovation solutions to water management with Aureus Energy Services– Presenting tomorrow February 10, 2021 at 8:45 a.m., at The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines –

The Energy Venture Investment Summit-Ajax Analytics Interview

The Energy Venture Investment Summit-Ajax Analytics Interview

Oil and Gas 360


Publishers Note: Full-service environmental monitoring and advanced data analytics software on a subscription basis: Ajax Analytics – Presenting tomorrow February 10, 2021 at 9:05 a.m., at The Energy Venture Investment Summit presented by EnerCom and

The Energy Venture Investment Summit-SCFCan Interview

The Energy Venture Investment Summit-SCFCan Interview

Oil and Gas 360


Publishers Note: Proprietary clean technology recovers valuable components from industrial waste streams in various sectors: SCFCan – Presenting tomorrow  February 10, 2021 at 10:45 a.m., at The Energy Venture Investment Summit presented by EnerCom and

The Energy Venture Investment Summit-Exum Instruments Interview

The Energy Venture Investment Summit-Exum Instruments Interview

Oil and Gas 360


Publishers Note: Instruments and software ecosystems to increase the speed of materials development and discovery: Exum Instruments – Presenting tomorrow February 10, 2021 at 11:25 a.m., at The Energy Venture Investment Summit presented by EnerCom

The Energy Venture Investment Summit- Project Canary Interview

The Energy Venture Investment Summit- Project Canary Interview

Oil and Gas 360


Publishers Note: Independent assessment of carbon and environmental footprints: Project Canary – Presenting on February 10, 2021 at 9:45 a.m., at The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines –

The Energy Venture Investment Summit-Exum Instruments Interview

The Energy Venture Investment Summit-Exum Instruments Interview

Oil and Gas 360


Publishers Note: Instruments and software ecosystems to increase the speed of materials development and discovery: Exum Instruments – Presenting on February 10, 2021 at 11:25 a.m., at The Energy Venture Investment Summit presented by EnerCom

The Energy Venture Investment Summit-SCFCan Interview

The Energy Venture Investment Summit-SCFCan Interview

Oil and Gas 360


Publishers Note: Proprietary clean technology recovers valuable components from industrial waste streams in various sectors: SCFCan – Presenting on February 10, 2021 at 10:45 a.m., at The Energy Venture Investment Summit presented by EnerCom and

The Energy Venture Investment Summit-Ajax Analytics Interview

The Energy Venture Investment Summit-Ajax Analytics Interview

Oil and Gas 360


Publishers Note: Full-service environmental monitoring and advanced data analytics software on a subscription basis: Ajax Analytics – Presenting on February 10, 2021 at 9:05 a.m., at The Energy Venture Investment Summit presented by EnerCom and

The Energy Venture Investment Summit-US Strategic Minerals Interview

The Energy Venture Investment Summit-US Strategic Minerals Interview

Oil and Gas 360


Publishers Note: A new dawn of commercialization of CO2 capture: US Strategic  Minerals – Presenting on February 11, 2021 at 9:25 a.m., at The Energy Venture Investment Summit presented by EnerCom and Colorado School of

The Energy Venture Investment Summit-Cowboy Clean Fuels Interview

The Energy Venture Investment Summit-Cowboy Clean Fuels Interview

Oil and Gas 360


Publishers Note: Utilize subsurface coal seams as geobio-reactors to produce low-carbon renewable natural gas : Cowboy Clean Fuels – Presenting on February 11, 2021 at 9:05 a.m. at  The Energy Venture Investment Summit presented by

The Energy Venture Investment Summit-Arcadia Minerals Interview

The Energy Venture Investment Summit-Arcadia Minerals Interview

Oil and Gas 360


Publishers Note: Looking to permit and develop two advanced stage critical minerals deposits in Wyoming : Arcadia Minerals – Presenting on Feb 11, 2021 at 11:05 a.m., at The Energy Venture Investment Summit presented

The Energy Venture Investment Summit-Aureus Energy Services Interview

The Energy Venture Investment Summit-Aureus Energy Services Interview

Oil and Gas 360


Publishers Note: Creating innovation solutions to water management with Aureus Energy Services– Presenting on February 10, 2021 at 8:45 a.m., at The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines –

Source: Reuters

Column: Hedge fund positions in crude, gasoline start to look stretched

Reuters


LONDON  – Hedge funds boosted their bullish petroleum positions last week, focusing on crude and gasoline, betting on continued output restraint by OPEC+ and an early resumption in domestic business activity.

But they sold middle distillates, likely reflecting concerns …

In 2019, the U.S. imported $13 billion of energy goods from Mexico, exported $34 billion

In 2019, the U.S. imported $13 billion of energy goods from Mexico, exported $34 billion

EIA

Oil & Gas 360 Publishers Note: With the uncertainty of OPEC and OPEC + to control inventories, it would make sense for a national security to create the North American Oil Produces Consortium (NOPC) with Canada, US and Mexico.

Covid impacts crude oil tanker rates and are likely to remain low until global petroleum demand increases

Covid impacts crude oil tanker rates and are likely to remain low until global petroleum demand increases

EIA

Oil & Gas 360 Publishers Note: We have been covering the floating storage issues on our Daily Energy Market  News Desk, and the subsequent impact on world crude pricing. 

In March and April 2020, reduced demand for crude …

October 28, 2020 - 7:45 am Crude Oil News, International, Marine Shipping, Storage
EIA World liquid fuels production outages have increased in 2020

EIA World liquid fuels production outages have increased in 2020

EIA

Disruptions to crude oil and condensate production from members of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC countries have risen considerably since last year. These outages have contributed to reduced liquid fuel supply and, along with …