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HomeAuthorsAndy Del Prado

Articles by Andy Del Prado

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
EIA News

U.S. imports of biomass-based diesel increased 12% in 2020

May 4, 2021 Andy Del Prado

Source: U.S. Energy Information Administration, Petroleum Supply Monthly (biodiesel and renewable diesel) U.S. imports of biomass-based diesel, which include biodiesel and renewable diesel, grew 12% in 2020 to more than 31,000 barrels per day (b/d), increasing for the second consecutive […]

Earnings

Oasis Petroleum Inc. Announces Strategic Acquisition of Williston Basin Assets, Reports First Quarter 2021 Results, Declares Dividend and Updates 2021 Outlook

May 4, 2021 Andy Del Prado

HOUSTON, May 3, 2021 /PRNewswire/ — Oasis Petroleum Inc. (NASDAQ: OAS) (“Oasis” or the “Company”) today announced a strategic acquisition of Williston Basin assets, reported financial and operating results for the first quarter of 2021, declared its first […]

Will Biden Lift Sanctions On Venezuela?
Exports

Venezuela’s oil exports stabilize at 700,000 bpd after stock drain

May 4, 2021 Andy Del Prado

Venezuela’s April oil exports were flat at about 700,000 barrels per day (bpd) for the third month in a row, with three-quarters of its shipments headed to Asia and the Middle East, according to tanker […]

Crude oil and Money -EnergyNewsBeat.com
Crude Oil News

OPINION: The oil markets – On the way to recovery

May 4, 2021 Andy Del Prado

New Delhi: It is safe to say that the oil markets are on the way to recovery, despite still-widespread Covid-19 infections, notably in India, Europe and the US, after suffering what has been its worst year ever. […]

OPEC- EnergyNewsBeat
Crude Oil News

OPEC’s share of Indian oil imports plunges to 2 decade low: Trade sources

May 4, 2021 Andy Del Prado

New Delhi: OPEC‘s share of India’s oil imports fell to the lowest in at least two decades in the year to the end of March as overall purchases by Asia’s third largest economy fell to a […]

Earnings

Oasis Midstream Partners LP Announces First Quarter 2021 Results, Increases Distribution and Updates 2021 Outlook

May 4, 2021 Andy Del Prado

HOUSTON, May 3, 2021 /PRNewswire/ — Oasis Midstream Partners LP (NASDAQ: OMP) (“OMP” or the “Partnership”) today announced financial and operating results for the first quarter of 2021, declared its first quarter 2021 distribution and updated its 2021 […]

hillips 66 adds dedicated low-carbon unit amid evolving energy landscape - Energy News Beat
Earnings

ExxonMobil Earns $2.7 Billion in First Quarter 2021

May 3, 2021 Andy Del Prado

First Quarter 2021 Results and Management Perspectives Cash flow from operating activities of $9.3 billion fully funded dividend and capital expenditures, and drove debt reduction of over $4 billion Lowered cash operating expenses versus the […]

Earnings

ExxonMobil Earns $2.7 Billion in First Quarter 2021

May 3, 2021 Andy Del Prado

First Quarter 2021 Results and Management Perspectives Cash flow from operating activities of $9.3 billion fully funded dividend and capital expenditures, and drove debt reduction of over $4 billion Lowered cash operating expenses versus the […]

Shell -Shell -Energy News Beat
Earnings

Shell raises dividend for second time in six months after first-quarter earnings beat forecasts

May 1, 2021 Andy Del Prado

LONDON — Oil giant Royal Dutch Shell on Thursday reported slightly better-than-expected first-quarter earnings, amid stronger commodity prices and growing expectations of a fuel demand recovery. Shell also raised its dividend by around 4%, its second increase in […]

Finance

CenterPoint announces sale of Arkansas and Oklahoma natural gas LDC businesses to Summit Utilities for $2.150 billion in cash

April 30, 2021 Andy Del Prado

HOUSTON–(BUSINESS WIRE)–CenterPoint Energy, Inc. (NYSE: CNP) (“CenterPoint”) today announced the sale of its Arkansas and Oklahoma natural gas LDC assets to Summit Utilities for $2.150 billion in cash, including recovery of approximately $425 million in […]

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