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Home2022June

Month: June 2022

Chevron
Top News

Chevron is paying its California employees to relocate to Houston

June 29, 2022 Mariel Alumit

HOUSTON — Chevron says it’s willing to pay its employees who are willing to relocate to Houston. The U.S. oil company is planning to sell its headquarters located at Chevron Park in San Ramon, California, so it can […]

Libya
International News

Libya Halts Oil Exports from Key Port

June 29, 2022 Mariel Alumit

Libya’s state oil company suspended shipments from the key eastern port of Ras Lanuf, according to people familiar with the matter, amid a worsening political crisis in the OPEC member. The National Oil Corp. informed […]

California Talks A Big Game With ESG Investing. Are You Betting on Renewable Energy to save your portfolio and the environment?
ENB Pub Note

Americans Willing To Pay For More For Gas If Emissions Offset

June 29, 2022 Michael Tanner

ENB Publishers Note: Purely my opinion, but I don’t buy this for a SECOND. All I needed to know is who ran the poll…as always, I will let the readers decide…  Despite high inflation, 66 […]

Texas
US Energy News

Texas proposes rules to ready natgas industry for weather emergencies

June 29, 2022 Mariel Alumit

(Reuters) The Texas Railroad Commission (RRC), which oversees the state’s oil and natural gas industries, approved a proposed weatherization rule to help protect Texans during emergencies that could occur any time of the year. The […]

ExxonMobil
International News

ExxonMobil and Imperial Oil to sell Canadian oil and gas assets for $1.47bn

June 29, 2022 Mariel Alumit

ExxonMobil’s Canadian affiliates, namely Imperial Oil and ExxonMobil Canada, have agreed to sell their Montney and Duvernay shale oil and gas assets in Canada to Whitecap Resources in an all-cash deal worth $1.47bn. Imperial and ExxonMobil Canada […]

No Picture
International News

Sandeep K Gupta to be next chairman of GAIL

June 29, 2022

The PESB recommendation will be vetted by the Appointments Committee of the Cabinet (ACC) headed by Prime Minister Narendra Modi, after the go-ahead of anti-corruption bodies such as the CVC and CBI. New Delhi: SandeepKumar […]

No Picture
International News

Govt may deregulate domestic oil to boost revenue

June 29, 2022

The Centre at present decides which state-run refinery gets how much crude from each producer. The price is then worked out on a traditional formula with Brent as a marker, instead of the global practice […]

No Picture
International News

Ambani charts succession plan; hands over telecom business reins to son Akash

June 29, 2022

In a stock exchange filing, Reliance Jio Infocomm Ltd on Tuesday said the company’s board at a meeting on June 27, “approved the appointment of Akash M Ambani, non-executive director, as chairman of the board […]

Goldman Sachs
Commodities

Goldman Sachs: Upside Risk In Oil Is “Tremendously High”

June 28, 2022 Mariel Alumit

Goldman Sachs remains highly bullish on crude and refined products. GS: recent pullback could be buying opportunity. The underinvestment thesis remains the core of Goldman’s energy market view. Goldman Sachs continues to be very bullish […]

Earthstone Energy
Finance

Earthstone Energy Announces Northern Delaware Basin Asset Acquisition for ~$627 Million

June 28, 2022 Mariel Alumit

Highly Accretive Expansion in Northern Delaware Basin Meaningfully Increases Scale THE WOODLANDS, Texas, June 28, 2022 /PRNewswire/ — Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”) today announced that it has entered into an agreement (the “Agreement”) to acquire […]

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