Summary Companies Oil prices tumble on Wednesday, adding to four-day losing streak Russia’s Vladimir Putin flies to UAE, Saudi Arabia on Wednesday Saudi Arabia cuts OSP for Arab Light to Asia in January China trade data scheduled for Thursday after Moody’s downgrade Dec 6 (Reuters) – Oil prices continued to fall on Wednesday, as investors …
Oil Drops as Markets Mull OPEC+ Cuts’ Efficacy, China Demand Concerns Read More »
(Bloomberg) Exports of US crude are nearing a record of 6 million barrels a day — flooding the market with oil and weighing on prices from Europe to Asia. Shipments for the week ended Dec. 1 could reach about 5.7 million barrels a day, according to ship-tracking firms Kpler and Vortexa. Macquarie, meanwhile, sees exports …
Unprecedented U.S. Exports Are Weighing on Global Crude Market Read More »
MANCHESTER, United Kingdom — ESG, a leading global energy software provider, and Utility Dive’s studioID, a premier industry research company, recently completed a market survey of 150 energy providers across the U.S. and U.K. This survey revealed insights into how energy retailers and suppliers are using advanced data and technology to make more informed decisions about …
ESG and Utility Dive Survey Reveals Key Data & Technology Trends for Energy Providers Read More »
U.S. natural gas futures climbed about 3% on Tuesday on forecasts for colder weather and higher heating demand next week than previously expected and as record amounts of gas flowed to U.S. liquefied natural gas (LNG) export plants. That price increase came despite near record U.S. output that has allowed utilities to leave more gas …
U.S. Natgas Prices Gain 3% on Colder Forecasts, Record LNG Feedgas Read More »
(Bloomberg) The stage was set for difficult diplomatic negotiations at COP28 as debate over the future of fossil fuels picked up. Saudi Arabia said it won’t agree to a phase down of the use of dirty energy, raising questions for many over the energy industry’s contribution to fight climate change. It came hours before the release of …
COP28 Latest: Tough Diplomacy on Fossil Fuels Looms in Dubai Read More »
HOUSTON, Dec. 04, 2023 (GLOBE NEWSWIRE) — Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today announced that its Board of Directors has declared a dividend of $0.0625 per share of common stock (annualized $0.25/sh) to the stock holders of record at the close of business on December 15th 2023, payable on December 29th 2023. All …
Epsilon Energy Ltd. Announces Quarterly Dividend and Provides Operational Update Read More »
U.S. natural gas futures fell more than 5% on Monday on record output and forecasts for mild weather that should limit heating demand. Front-month gas futures for January delivery on the New York Mercantile Exchange traded 14.2 cents lower, or 5.1%, to $2.67 per million British thermal units at 11:00 a.m. EST (1600 GMT), after …
U.S. Natgas Prices Drops 5% on Mild Weather View, Record Output Read More »
Did you know that you’re likely overpaying pipeline tariffs? By Geoffrey Cann For an energy company, tariff data are like the lemons in a cooks’ kitchen—to get the juice, you need to squeeze them. As a home cooking enthusiast, I have a ready stock of lemons on hand to dress up a dish. A little …
Tariff Optimization — The Juice is Worth the Squeeze – Geoffrey Cann Read More »
By John Kemp (Reuters) – U.S. crude oil production set a record for the second month running in September, highlighting the challenge to Saudi Arabia and its OPEC⁺ partners as they cut their own production to boost prices. Repeated OPEC⁺ output cuts since the fourth quarter of 2022 have thrown a lifeline to U.S. producers, averting …
(Bloomberg) Bill Gates said the world probably won’t meet the Paris Agreement’s goal of keeping temperature rise below 2C. But he praised COP28 for making progress on tackling climate change despite geopolitical tensions. “Climate progress is moving ahead even though we won’t meet our highest aspirations,” he said in a Bloomberg TV interview at the annual United Nations meeting in …
Bill Gates Says Chances of Meeting 2C Warming Goal Fading Fast Read More »
