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HomeExploration and Production

Exploration and Production

Crude Oil News

Halliburton delivers electric grid-powered fracturing in Permian basin

January 16, 2021 Stu Turley

Halliburton has announced that it has delivered the first electric grid-powered fracturing operation in the Permian basin as the industry explores different ways to reduce carbon emissions. Since November, the company has performed the work […]

Exploration and Production

Ukraine Is Failing To Capitalize On Its Gas Potential

January 16, 2021 Stu Turley

Many nations that intend to become self-sufficient with regard to their hydrocarbon needs oftentimes lowball the terms and conditions they offer to prospective investors. This is fairly logical, high-risk spots must be attractive enough and […]

Canada - Energy News Beat
Exploration and Production

Canadian oil and gas spending expected to rise 14 per cent in 2021

January 15, 2021 Stu Turley

CAPP attributed the expected increase in investment to COVID-19 vaccines being rolled out globally, which will revive economic activity and energy demand, and government support for Canada’s oil and gas sector Alberta, – Capital investment in Canada‘s upstream […]

Commodities

Overnight Oil Report 1/15/2021: Do we see $54?

January 15, 2021 Mariel Alumit

ENB Publishers Note: Do we see $54? Two touches, but no continuation move through.  If we can get a bullish rig report, look out for a a break of that resistance line. New York — Crude […]

TOTAL, NEW OPERATOR OF BLOCK 58 OFFSHORE SURINAME, ANNOUNCES A FOURTH DISCOVERY
Crude Oil News

Total, Announces a fourth discovery in Guyana-Suriname Basin

January 14, 2021 Stu Turley

Paris, January 14, 2021 – Total and Apache Corporation have made a new significant oil and gas discovery at the Keskesi East-1 well, in Block 58 off the coast of Suriname. This follows previous discoveries at […]

Chevron to buy biodiesel producer REG in USD-3.15bn deal
Crude Oil News

Chevron makes bet on being last man standing – Good move for US oil

January 13, 2021 Stu Turley

Chevron Chief Executive Mike Wirth is doubling down on oil. The boss of the $180 billion U.S. fossil fuel firm told Reuters on Tuesday that he was a fan of the 2015 Paris Agreement to […]

Crude Oil News

Overnight Oil Report 1/13/2021: API predicts stock draw, $DXY weakening

January 13, 2021 Mariel Alumit

ENB Publishers Note: API shows large stock draw (we will confirm with the EIA today at 8:30 AM MST) and the DAX futures fall overnight (not sure how much effect that is having). Bulls still […]

Crude Oil News

Energy News Beat 1/12/2021

January 12, 2021 Mariel Alumit

Stocks turn north as interest rates push all time highs. The benchmark 10-year note yield traded briefly traded at 1.187%, its highest level since March. The 30-year bond rate climbed to 1.88%. S&P 500: 04% […]

Antero Resources - Energy News Beat
Crude Oil News

Antero Resources upsizes debt offering to $700 million

January 12, 2021 Mariel Alumit

Antero Resources Corporation AR announced that it has priced $700 million of senior unsecured notes. Notably, the aggregate principal amount is upsized from $500 million. The independent natural gas and natural gas liquids company priced the […]

Shell - Energy News Beat
Crude Oil News

Royal Dutch Shell to cut more than 300 North Sea jobs

January 12, 2021 Stu Turley

The oil giant Royal Dutch Shell is to cut 330 jobs from its operations in the North Sea. The company said most of the posts are based at its office in Aberdeen and will be […]

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