Post Tagged with: "winter"

Source: Reuters

Russia diesel ban jolts crude premiums ahead of winter

Yahoo Finance


LONDON – Premiums for the type of crude oil best suited to producing diesel, heating oil and jet fuel have risen sharply as the Northern hemisphere heads into winter amid a global supply crunch, several traders told Reuters.…

Source: Reuters

EIA expects U.S. natural gas prices to stay high through the winter

World Oil


WASHINGTON – In its October Short-Term Energy Outlook, the U.S. Energy Information Administration forecasts that natural gas spot prices at the U.S. benchmark Henry Hub will average $5.67 per million British thermal units (MMBtu) between October and March, …

Source: Reuters

Oil prices may hit $100 this winter, spurring economic crisis, warns Bank of America

World Oil


SINGAPORE (Bloomberg) –The global energy crunch could help propel oil prices above $100 a barrel for the first time since 2014 and spur a global economic crisis, according to Bank of America.

Natural gas prices have already surged …

Bill Barrett: Conference Call Reveals Fifth Creek Merger Details

Bill Barrett: Conference Call Reveals Fifth Creek Merger Details

Colorado-based Bill Barrett Corporation (ticker: BBG) reported Q4 and year-end results today.

For the fourth quarter of 2017, the company reported a net loss of $77.8 million, or $(0.94) per diluted share. For 2017 as a whole, the company reported …

China Continues Transition to NatGas, Ranks Second in LNG Imports

China Continues Transition to NatGas, Ranks Second in LNG Imports

In 2017 China surpassed South Korea to become the world’s second-largest importer of LNG, according to data from IHS Markit and official Chinese government statistics, the EIA said. Driven by government policies designed to reduce air pollution, LNG imports increased …

February 23, 2018 - 3:31 pm Closing Bell Story‎, LNG, Oil and Gas 360 Articles
Strategic Oil & Gas Ltd.’s Winter Drilling Program

Strategic Oil & Gas Ltd.’s Winter Drilling Program

Strategic Oil & Gas Ltd. (ticker: SOG) and its board of directors has approved a $9 million capital program for the first half of 2018. The company’s 2018 winter drilling program will be focused on the Muskeg wells at West …

Winter is Coming for the Oil & Gas Industry

Winter is Coming for the Oil & Gas Industry

Worsening conditions prove there is no such thing as home field advantage

Production in the Permian Basin was impacted this last week due to freezing rain and temperatures dropping into single digits, according to news releases from Energen (ticker: EGN)

Cold Winter Predictions Push NatGas Prices Up as Oil Slides

Cold Winter Predictions Push NatGas Prices Up as Oil Slides

Today the EIA put out its September Natural Gas Monthly, with data through July 2014. In the report, the U.S.’s July dry gas production of 70.4 Bcf/day set the record for “the highest ever for any month,” the EIA …

September 30, 2014 - 5:53 pm Oil and Gas 360 Articles