U.S. natural gas futures jumped about 4% to a nine-month high on forecasts for colder weather and higher heating demand over the next two weeks than previously expected. Front-month gas futures for December delivery on the New York Mercantile Exchange rose 13.9 cents, or 4.2%, to $3.491 per million British thermal units (mmBtu) at 9:28 …
U.S. Natgas Prices Jump 4% on Colder Forecasts, Rising Heating Demand Read More »
BP Plc’s temporary boss gave a robust defense of the company’s strategy, batting away suggestions that he needs to follow the big oil deals done by US competitors Exxon Mobil Corp. and Chevron Corp. “We’re focused really on transition” to net zero emissions, Interim Chief Executive Officer Murray Auchincloss said on Tuesday. BP’s growth engines …
BP’s Interim CEO Defends Strategy Amid U.S. Flurry of Megadeals Read More »
Summary Writes down $540 mln on U.S. windfarm Expects weak refining in Q4 Keeps dividend, share buyback policy unchanged LONDON, Oct 31 (Reuters) – BP (BP.L) on Tuesday reported third-quarter earnings of $3.3 billion, missing analysts’ forecasts as strong oil trading and refining margins were offset by weak gas results while the firm wrote down a large …
BP shares slump as Q3 profit misses forecast on weak gas Read More »
All financial figures are in Canadian dollars unless otherwise noted CALGARY, AB, Oct. 30, 2023 /CNW/ – Gibson Energy Inc. announced today its financial and operating results for the three and nine months ended September 30, 2023. “With the successful closing of the Gateway Terminal acquisition during the third quarter, Gibson is pleased to report solid results driven …
Gibson Energy announces 2023 third quarter results Read More »
Final weld was completed Oct. 7 on 670-kilometre route CALGARY — The Coastal GasLink pipeline, one of the largest energy infrastructure projects in recent Canadian history, is physically complete. TC Energy Corp., the company behind the project, said Monday it has finished installing pipe along the entire 670-km route from Dawson Cree, B.C. to Kitimat, …
Canada’s Coastal GasLink Pipeline Fully Installed – Reports TC Energy Read More »
Summary AustralianSuper says bid undervalues UK Octopus, APLNG Origin shares trade above offer price (Reuters) – Origin Energy’s largest shareholder said on Tuesday it plans to vote against a Brookfield-led consortium’s A$15.35 billion ($9.78 billion) takeover offer for the company, casting doubt on the bid’s future weeks ahead of a shareholder vote on the deal. …
Origin Energy’s top shareholder opposes Brookfield’s $9.8 bln takeover offer Read More »
U.S. natural gas futures fell about 4% on Monday on record output and forecasts for milder weather and lower heating next week than previously expected. On its first day as the front-month, gas futures for December delivery on the New York Mercantile Exchange fell 14.6 cents, or 4.2%, from where that contract traded on Friday …
U.S. natgas prices fall 4% on record output, milder weather next week Read More »
(Bloomberg) US officials plan to invest $1.3 billion in three proposed power transmission lines as extreme weather and the switch to renewable energy strain an electricity grid that will need to double in size to meet President Joe Biden’s green goals. Transmission has emerged as a major obstacle to Biden’s climate plans, which call for more solar …
U.S. to Fund Three New Power Lines to Aid Ailing Electric Grid Read More »
Spooks, vampires, zombies, apparitions … what’s not to love? By Geoffrey Cann Halloween. A gory and ghastly night of ghouls, ghosts, and goblins. And as with previous years marking All Souls, I reflect on the latest digital demons molesting the oil and gas industry, how best to exorcise them, and how to speedily return them …
The company, which has already sued the Energy and Carbon Management Commission, says it will fight this commission ruling, too Oilfield workers plug an orphaned oil and gas well on Aug. 23, 2023 in Broomfield. (Andy Colwell, Special to The Colorado Sun) Original Story Published in the Colorado Sun – See it Here K.P. Kauffman, …
