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HomeExploration and Production

Exploration and Production

Earnings

COMSTOCK RESOURCES, INC. REPORTS FOURTH QUARTER 2022 FINANCIAL AND OPERATING RESULTS

February 15, 2023 Mariel Alumit

FRISCO, TX, Feb. 14, 2023 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (“Comstock” or the “Company”) (NYSE: CRK) today reported financial and operating results for the quarter and year ended December 31, 2022. Highlights Generated free […]

Exxon
CCUS

Exxon to use Honeywell carbon capture tech at hydrogen facility

February 15, 2023 Mariel Alumit

NEW YORK, Feb 15 (Reuters) – Exxon Mobil Corp (XOM.N) will use technology from Honeywell International Inc (HON.O) to capture carbon dioxide at a proposed hydrogen production facility in Texas, Honeywell said. Honeywell said the technology would enable […]

Biden
Electrical Generation / Utilities

Biden Administration Bets $74 Million on ‘Enhanced’ Geothermal Power

February 15, 2023 Mariel Alumit

The funding, announced last week, will go to up to seven pilot projects. Funding recipients will test whether a new kind of geothermal technology called EGS—enhanced geothermal systems—could be an economic way to transform heat […]

Saudi
Crude Oil News

OPEC Output Drops As Saudi Production Falls By 156,000 Bpd

February 15, 2023 Mariel Alumit

By Josh Owens of Oilprice.com Crude oil production from all 13 OPEC members slid by 49,000 barrels per day (bpd) in January from December as top producer Saudi Arabia slashed output by 156,000 bpd, OPEC’s […]

Debt crisis, energy security, and Nigeria's slippery road to net-zero ...
Big Oil Companies

Debt crisis, energy security, and Nigeria’s slippery road to net-zero …

February 12, 2023 Mariel Alumit

Nigeria, like many African countries, is at a crossroads. Although endowed with immense natural resources, energy access, and security remain primary concerns even as the debate for energy transition creates more worries. With a debt […]

Crude Oil News

Oil Rebound More Likely This Year, $100 a Barrel Possible, OPEC Sources Say

February 12, 2023 Mariel Alumit

​Summary Oil rally to $100 not ruled out by OPEC sources So far in 2023 Brent is up slightly at just over $86 China demand rebound, lack of sizeable supply growth key drivers Some OPEC […]

Transocean
Crude Oil News

Transocean strikes multiple rig deals with total backlog of $1.9 billion

February 12, 2023 Mariel Alumit

Home Fossil Energy Transocean strikes multiple rig deals with total backlog of $1.9 billion This is a free premium article to give you a sample of what Offshore Energy has to offer as part of […]

EnergyNews

U.S. Drillers Cut the Most ‘Gas’ Rigs in a Week Since 2017

February 11, 2023 Mariel Alumit

​U.S. energy firms cut the number of natural gas rigs by the most in a week since October 2017, while adding the most oil rigs in a week since June, energy services firm Baker Hughes […]

Crude Oil News

U.S. rig count outlook cut by Raymond James on low natural gas prices

February 11, 2023 Mariel Alumit

​ Raymond James trims its 2023 U.S. rig count forecast to 750 from 813 on lower natural gas prices; lowers PT of some of the oilfield services companies. U.S. natural gas futures fell by 40% […]

Big Oil Companies

ESG Investing Failure and Major Setback: Exxon Retreats From Major Climate Effort to Make Biofuels From Algae –

February 11, 2023 Mariel Alumit

​After advertising its efforts to produce environmentally friendly fuels from algae for over a decade, Exxon Mobil Corp. is now quietly walking away from its most heavily publicized climate solution.  Exxon has slashed its support for Viridos Inc., […]

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