Energy Transition in Motion (Week of Nov. 8, 2024)
Here is a look at some of this week’s renewable energy news, including a solar panel deal involving a 5-gigawatt solar module facility south of Dallas.
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Oil and Gas Stocks Revel in a Post-Election Trump Bump
Oil and gas company stocks, particularly those of E&Ps and oilfield services, enjoyed a boost immediately following the presidential election of Donald Trump.
US Oil, Gas Rig Count Holds Steady for Record Third Week
The oil and gas rig count was steady at 585 in the week to Nov. 8, Baker Hughes said on Nov. 8. Baker Hughes said that puts the total rig count down 31 rigs, or 5% below this time last year.
Dividends Declared Week of Nov. 4
Here is a compilation of dividends declared from select upstream and midstream companies in the week of Nov. 4.
Biden Administration Buys Last Oil for Emergency Reserve as Fund Taps Out
(Reuters) – The Biden administration said on Friday it has bought its last batch of oil for the Strategic Petroleum Reserve after selling a record amount from the facility in 2022 to counter fuel prices that had risen after Russia’s invasion of Ukraine. The Department of Energy said it had bought 2.4 million barrels of …
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Q&A: Making Midstream’s Case in DC
GPA Midstream Association President and CEO Sarah Miller spoke with Oil and Gas Investor on working with the industry’s needs and defending the sector in Washington, D.C.
COMMENTARY: What a Wonderful Week Because “Reality” Won Over “Fantasy” – Irina Slav
More From Irina Slav Ever since I discovered (two days ago) that, according to Google, I’m a “public figure”, whatever that means, I’ve felt an urge to shower the world with my opinions. By a happy coincidence this week has presented us with an abundance of opinion-provoking events. Obviously, we begin with the U.S. elections. …
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Ranked: Top 10 Countries by Value of All Their Natural Resources
By Bruno Venditti | Graphics/Design: Sam Parker Ranked: Top Countries by Natural Resource Value This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. Natural resources are the backbone of modern manufacturing, necessary to produce everything around us. According to 2021 data …
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Icahn Enterprises Seeks to Boost Stake in Refiner CVR Energy
By Sourasis Bose and Srivastava Vallari Nov 8 (Reuters) – Icahn Enterprises (IEP.O), headed by billionaire activist investor Carl Icahn, said on Friday it has submitted a proposal to boost its stake in Texas-based refiner CVR Energy (CVI.N) to 81.3%. The investment company, which already owns about 66.3% of CVR Energy, said it wants to …
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US Refiners Hold Output at High Levels as Fuel Inventories Sag
By Erwin Seba Gasoline stocks at two-year low have refiners increasing runs CVR, Valero increase fourth quarter utilization rates HOUSTON, Nov 8 (Reuters) – U.S. oil refiners this quarter expect to run their plants at above 90% of their crude processing capacity on low inventories and improving demand for gasoline and diesel, executives and industry …
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