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Home2024February

Month: February 2024

oil slick
Geopolitical

Huge oil slick from cargo ship hit by Houthis triggers environmental disaster concerns

February 25, 2024 Stu Turley

Vessel’s operator says Rubymar currently not at risk of sinking, but it’s ‘always a possibility’; ship carrying combustible fertilizer was hit by missile fired by Iran-backed group after an attack by Iran-backed Houthi terrorists on […]

Global uranium production
Critical Minerals

Global uranium production to increase 11.7% in 2024  — report

February 25, 2024 Mariel Alumit

Global uranium production is expected to grow by 11.7% to more than 60.3 kilotonnes (kt) in 2024, according to estimates by UK-based analytics firm GlobalData, with the production rise predominantly coming from key producers such […]

diamond
International News

What to expect in 2024 after diamond sector’s price plunge  

February 25, 2024 Mariel Alumit

  It’s been a tough ride for the diamonds sector since rough prices hit an all-time high in the first quarter of 2022. Last year rough prices fell 15-20% according to the Zimnisky Global Rough […]

EOG Resources
Earnings

EOG Resources Reports Fourth Quarter and Full-Year 2023 Results; Announces 2024 Capital Plan

February 25, 2024 Stu Turley

HOUSTON, Feb. 22, 2024 /PRNewswire/ — EOG Resources, Inc. (EOG) today reported fourth quarter and full-year 2023 results. The attached supplemental financial tables and schedules for the reconciliation of non-GAAP measures to GAAP measures and related definitions, […]

Earnings

Southwestern Energy Announces Fourth Quarter and Full Year 2023 Results

February 25, 2024 Stu Turley

SPRING, Texas, Feb. 22 /BusinessWire/ — Southwestern Energy Company (NYSE:SWN) (the “Company” or “Southwestern Energy”) today announced financial and operating results for the fourth quarter and full-year 2023. 2023 Highlights Generated $2.5 billion net cash […]

Vital Energy
Earnings

Vital Energy Reports Fourth-Quarter and Full-Year 2023 Financial and Operating Results

February 25, 2024 Stu Turley

TULSA, OK, Feb. 21, 2024 (GLOBE NEWSWIRE) — Vital Energy, Inc. (NYSE: VTLE) (“Vital Energy” or the “Company”) today reported fourth-quarter and full-year 2023 financial and operating results and provided its 2024 outlook. Supplemental slides […]

Oil
Exploration and Production

Chord Energy and Enerplus Agree to $11 Billion Merger

February 25, 2024 Stu Turley

In the latest U.S. oil and gas merger, Chord Energy and Enerplus have agreed to combine in an approximately $11 billion stock and cash transaction, which will create a premier Williston basin-focused exploration and production company. […]

QatarEnergy
Exports

QatarEnergy to further boost LNG output

February 25, 2024 Mariel Alumit

State-owned LNG giant QatarEnergy said on Sunday it will further boost its liquefied natural gas production from the North Field. Qatar’s energy minister and chief executive of QatarEnergy, Saad Sherida Al-Kaabi, made the announcement during […]

Critical Minerals

DAVID BLACKMON: Where Will All The Money And Metals Come From?

February 25, 2024 Stu Turley

Those of us who follow the evolution of this largely imaginary energy transition driven by government subsidies and activist fantasies often bore audiences by asking where will all the money and metals required to make […]

Ohio
Crude Oil News

Court dismisses appeal to block drilling and fracking under Ohio park and wildlife areas

February 25, 2024 Mariel Alumit

  An Ohio judge has dismissed environmental groups’ appeal from commission decisions to lease parts of a state park and two wildlife areas for oil and gas drilling. Judge Jaiza Page’s Feb. 23 order effectively […]

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