Imaginima | E+ | Getty ImagesOil prices rose following OPEC kingpin Saudi Arabia's decision to cut production by another million barrels per day.On Sunday, the Organization of the Petroleum Exporting Countries and its partners (known as OPEC+) made no changes...
Month: June 2020
Rigzone | OPEC+ prepares for weekend meeting after Saudi warns speculators to ‘watch out’
Led by Saudi Arabia and Russia, OPEC+ agreed in early October to reduce production by 2 million barrels per day from November.Vladimir Simicek | Afp | Getty ImagesThe OPEC+ alliance of oil producers will decide further production policy steps over the weekend,...
Epoch Times | Closing Prices for Crude Oil, Gold, and Other Commodities (June 1)
Benchmark U.S. crude oil for July delivery rose $2.01 to $70.10 a barrel Thursday. Brent crude for August delivery rose $1.68 to $74.28 a barrel. Wholesale gasoline for July delivery was unchanged at $2.44 a gallon. July heating oil rose 6 cents to $2.31 a...
Enverus | EVOLVE Conference 2023: Four takeaways for those that work in energy
In case you missed it, Enverus virtually hosted EVOLVE, our flagship conference, May 16-17. The event included two full days of presentations, panels and keynotes, distilling the most relevant data and thoughts on the industry today. Below Andrew Gillick,...
Thirsty Thursday: An Inventory Report (6/1/23)
Previous Reports Welcome to this week's Thirsty Thursday: An Inventory Report. Do you feel that? An extra sense of American pride? Well you should! It was memorial day weekend, and what better way to end Military Appreciation Month than with a red, white, and blue...
Rigzone | OPEC excludes some WSJ, Reuters and Bloomberg reporters from meeting
The logo of the OPEC is pictured at the OPEC headquarters on October 4, 2022. In October last year, the oil cartel announced its decision to cut output by two million barrels per day.Joe Klamar | Afp | Getty ImagesOPEC reporters from three large news...
Rigzone | OPEC+’s mixed messages make it too early to buy oil stocks
A slide in crude oil prices has weighed on the Club's three energy holdings. But given the uncertainty around OPEC+'s output policy ahead of a key meeting this weekend, coupled with growing concerns over the health of the global economy, we're sitting tight on...
Rigzone | Norway’s oil fund says firms mismanaging climate could face exclusion
Norway's sovereign wealth fund was established in the 1990s to invest the surplus revenues of the country's oil and gas sector.Bloomberg | Bloomberg | Getty ImagesNorway's $1.4 trillion sovereign wealth fund says it is prepared to start dropping companies for...
Enverus | Enverus selected for NET Power’s commercial initiative
AUSTIN, Texas (May 31, 2023) — Enverus, a leading energy-dedicated SaaS platform, is pleased to announce that clean energy technology company NET Power has selected it as its trusted data source for its business intelligence and analytics functions. Under terms...
Monday Madness: May 30 ’23
A continually worsening rig count, Scope 3 emission rules sure to make things worse, and the Iranian comeback. CLICK YOUR PREFERRED STREAMING PLATFORM TO LISTEN TO THE PODCAST Other Episodes Audio Transcript Alrighty everyone, welcome back! This is Tavis Kilian with...
Rigzone | Debt limit bill would speed completion of West Virginia gas pipeline
Lengths of pipe wait to be laid in the ground along the under-construction Mountain Valley Pipeline near Elliston, Virginia, September 29, 2019.Charles Mostoller | ReutersA bipartisan debt limit bill struck by President Joe Biden and House Republicans over the...
FNB | Kosovo police, NATO peacekeepers clash with Serb protesters as tensions in the region escalate
NATO-led troops and police clashed with protesters in Northern Kosovo Monday amid an ongoing standoff between ethnic Albanian authorities and local ethnic Serbs who ignored warnings not to seize municipality buildings. The violence comes after Kosovo's police...