U.S. field production of crude oil rose in February by 578,000 barrels per day to 13.15 million bpd, the biggest monthly increase since October 2021, data from the U.S. Energy Information Administration showed on Tuesday. The increase came as output in North Dakota and Texas recovered from massive production outages in January from extremely cold …
U.S. Oil Output Rose by the Most in Feb Since Oct 2021, EIA Says Read More »
Traders are rushing to fill up storage tanks along the U.S. East Coast with distillate fuels, like diesel and heating oil, data from storage broker The Tank Tiger showed on Monday, a sign of deepening oversupply that is weighing on refiners’ profits. Largely warmer-than-expected winter weather in U.S. Northeast and Europe has cut distillates demand …
Traders Scramble for U.S. Storage as Distillates Demand Disappoints Read More »
Equinor CFO Torgrim Reitan says the company’s recent U.S. asset swap with EQT Corp. was an example of the European company “high-grading” its international E&P portfolio.
Cheryl Gomez-Smith, currently director of safety and risk at Exxon Mobil’s global operations and sustainability business, will join Imperial Oil in May.
The reforms are the second and final phase of adjustments to the National Environmental Policy Act, or NEPA, by the Biden administration.
New tracers by RESMAN Energy Technology enable measurement while a well is still producing.
DETROIT, April 30, 2024 (GLOBE NEWSWIRE) — DT Midstream, Inc. (NYSE: DTM) today announced first quarter 2024 reported net income of $97 million, or $0.99 per diluted share. For the first quarter of 2024, Operating Earnings were $97 million, or $0.99 per diluted share. Adjusted EBITDA for the quarter was $245 million. Reconciliations of Operating …
DT Midstream Reports Strong First Quarter 2024 Results Read More »
Katy, Texas, April 30, 2024 (GLOBE NEWSWIRE) — CW Petroleum Corp (CWPE) (the “Company”), a leading provider of Specialty Renewable and Hydrocarbon Motor Fuels, today announced audited financial results for the year ended 2023. The Company has a 13-year history of generating revenues and has reported eight years of Audited Financial Statements since its public …
CW Petroleum Corp (CWPE) Reports Fiscal Year Ended 2023, Profitability Read More »
HOUSTON, April 30, 2024 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced that it has closed the acquisition of Svenska Petroleum Exploration AB (“Svenska”), an exploration and production (“E&P”) company based in Stockholm, Sweden (the “Acquisition”). As previously disclosed, Svenska’s primary asset is a 27.39% non-operated working …
VAALCO Energy, Inc. Announces Closing of Accretive All Cash Svenska Acquisition Read More »
SUGAR LAND, Texas, April 29, 2024 (GLOBE NEWSWIRE) — CVR Energy, Inc. (“CVR Energy” or the “Company”) (NYSE: CVI) today announced net income attributable to CVR Energy stockholders of $82 million, or $0.81 per diluted share, on net sales of $1.9 billion for the first quarter of 2024, compared to net income attributable to CVR …
CVR Energy Reports First Quarter 2024 Results and Announces a Cash Dividend of 50 Cents Read More »
