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HomeAuthorsAndy Del Prado

Articles by Andy Del Prado

International News

China To Expand Coal Use As It Prioritizes Energy Security

March 13, 2022 Andy Del Prado

Despite pledges to contribute to global efforts of reducing emissions, China will continue to maximize the use of coal in coming years as it caters to its energy security, the top Chinese policymakers said this […]

Crude Oil News

Oasis Petroleum Inc. Declares First Variable Dividend of $3.00 per Share

March 13, 2022 Andy Del Prado

HOUSTON, /PRNewswire/ — Oasis Petroleum Inc. (NASDAQ: OAS) (“Oasis” or the “Company”) announced the declaration of its first variable dividend today in the amount of $3.00 per share of Oasis common stock, payable on March 31, 2022 to shareholders of […]

offshore
Crude Oil News

German finance minister open to new oil, gas drilling in North Sea

March 13, 2022 Andy Del Prado

BERLIN, (Reuters) – Germany should rethink its ban on allowing new drilling for oil and gas in the North Sea as it tries to reduce its dependence on Russian energy due to the invasion of […]

geothermal - energynewsbeat
Renewables Not Sustainable

Why Aren’t Investors Interested In Geothermal Energy?

March 10, 2022 Andy Del Prado

The need to develop a variety of energy sources has never been so evident. As the global reliance on a few specific oil and gas sources becomes clear, it seems obvious that we should be […]

US Energy News

Senator Warren Wants ‘’Windfall Tax’’ On Oil Profits

March 10, 2022 Andy Del Prado

As prices at the pump continue to rise for Americans, and as U.S. President Joe Biden warns oil and gas companies about price-gouging to take advantage of profits from the fallout of the Russia-Ukraine war, […]

Exxon - Energy News Beat
US Energy News

U.S. OKs 2,700,000 bbls of crude oil from SPR to ExxonMobil -statement

March 9, 2022 Andy Del Prado

WASHINGTON, (Reuters) – The U.S. Department of Energy has approved the twelfth exchange of 2,700,000 barrels of crude oil for release to ExxonMobil Corp (XOM.N) from the nation’s Strategic Petroleum Reserve, the department said in a […]

Occidental to Strip Carbon From the Air and Use It to Pump Crude - Energy News Beat - Fig 2
US Energy News

Oil producers in a ‘dire situation’ and unable to ramp up output, says Oxy CEO

March 9, 2022 Andy Del Prado

As oil prices surge to the highest levels since 2008, Occidental Petroleum CEO Vicki Hollub said U.S. producers cannot increase output right away. “We’re in a really dire situation,” she said Tuesday at CERAWeek by S&P Global. […]

Top News

Shale CEOs Meet With U.S. Officials Amid Surging Oil Prices

March 9, 2022 Andy Del Prado

After more than a year of little to no dialogue with the U.S. oil industry, officials from the Biden Administration are set to meet with shale executives this week to discuss oil supply and energy […]

International News

U.S. Wants Venezuelan Oil In Exchange For Sanction Relief

March 9, 2022 Andy Del Prado

The United States wants Venezuela to commit at least part of its oil exports to U.S. refineries as a condition for Washington to consider providing sanction relief to the South American nation, Reuters has reported, citing […]

US Energy News

Oklahoma producers not planning to reamp up oil production after ban on Russian imports

March 9, 2022 Andy Del Prado

OKLAHOMA CITY (KFOR) – President Joe Biden unveiled a ban on Russian oil imports Tuesday afternoon as oil and gas prices continue to skyrocket to record highs. “Russia’s aggression is costing us all and it’s no time […]

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