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Home2024May

Month: May 2024

Russia to supply China with gas
Geopolitical

Russia to supply China with gas by almost 30% cheaper than European consumers by 2027 – Bloomberg

May 8, 2024 Mariel Alumit

Russia will supply gas to China at a price 28% lower than the one for European consumers at least until 2027. Source: Bloomberg with reference to the forecast of the Ministry of Economic Development of the Russian […]

van market
Electric Vehicles

Electric van demand plummets despite booming van market

May 8, 2024 Mariel Alumit

The UK’s new van market experienced its best April performance in three years, with a 5.4% increase compared to the same period last year, according to data released by the Society of Motor Manufacturers and […]

Wisconsin
Coal

Wisconsin ratepayers, still paying off the coal plants of the past, asked for $2 billion for the gas plants of the future

May 8, 2024 Mariel Alumit

  WEC Energy Group in southeastern Wisconsin is planning to significantly expand its capacity for natural gas electricity generation, even as it has vowed to reach net-zero carbon emissions by 2050. In recent filings by […]

Big Oil Companies

“Shell” Games with Carbon Credits

May 8, 2024 Andy Del Prado

Daily Standup Top Stories Shell sold millions of ‘phantom’ carbon credits May 7, 2024 Stu Turley “Shell sold millions of carbon credits tied to CO₂ removal that never took place to Canada’s largest oil sands companies, […]

Kosmos
Earnings

Kosmos Energy Announces First Quarter 2024 Results

May 7, 2024 Mariel Alumit

DALLAS, May 07 /BusinessWire/ — Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the first quarter of 2024. For the quarter, the Company generated a net […]

Magnolia
Earnings

Magnolia Oil & Gas Corporation Announces First Quarter 2024 Results

May 7, 2024 Mariel Alumit

HOUSTON, May 07 /BusinessWire/ — Magnolia Oil & Gas Corporation (“Magnolia,” “we,” “our,” or the “Company”) (NYSE:MGY) today announced its financial and operational results for the first quarter of 2024. First Quarter 2024 Highlights: (In […]

European Oil Giants Consider Shifting Their Listings to the U.S.
Big Oil Companies

European Oil Giants Consider Shifting Their Listings to the U.S.

May 7, 2024 Stu Turley

Two European energy giants, TotalEnergies of France and Shell of Britain, are considering moving their stock listings to New York, as pressure mounts for them to improve their valuations, which lag their American counterparts. Shifting […]

European Oil Giants Consider Shifting Their Listings to the U.S.
Earnings

Permian Resources Announces Strong First Quarter 2024 Results and Increases Full Year Guidance

May 7, 2024 Mariel Alumit

MIDLAND, Texas, May 07 /BusinessWire/ — Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE:PR) today announced its first quarter 2024 financial and operational results and revised 2024 guidance. Recent Financial and Operational Highlights Delivered […]

Earnings

SANDRIDGE ENERGY, INC. ANNOUNCES FINANCIAL AND OPERATING RESULTS FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2024 AND DECLARES $0.11 PER SHARE CASH DIVIDEND

May 7, 2024 Mariel Alumit

OKLAHOMA CITY, Okla., May 7, 2024 /PRNewswire/ — SandRidge Energy, Inc. (the “Company” or “SandRidge”) (NYSE: SD) today announced financial and operational results for the three-month period ended March 31, 2024. Recent Highlights On May 2, 2024, the Board […]

Earnings

California Resources Reports First Quarter 2024 Financial and Operating Results

May 7, 2024 Mariel Alumit

LONG BEACH, Calif., May 07 /BusinessWire/ — California Resources Corporation (NYSE:CRC) today reported financial and operating results for the first quarter 2024. The Company plans to host a conference call and webcast on Wednesday, May […]

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