Aug 21 (Reuters) – Power demand in Texas and other U.S. central states was on track hit record highs this week as homes and businesses crank up their air conditioning to escape another brutal heat wave moving slowly across the country. Economic and population growth has boosted electricity use in Sun Belt states like Texas, …
Heat wave to break power records in Texas and central U.S. this week Read More »
(Reuters) – Top U.S. energy companies last year paid out more of their earnings to shareholders than they invested in new oil and gas fields for the first time, according to a report released on Tuesday. The outlook for stronger energy prices has not changed the focus on investor returns from the U.S. industry, according …
U.S. Energy Firm Payouts to Oil Investors Top Exploration Spending for First time Read More »
MIDLAND, Texas and THE WOODLANDS, Texas, Aug. 21, 2023 (GLOBE NEWSWIRE) — Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) and Earthstone Energy, Inc. (“Earthstone Energy” or “Earthstone”) (NYSE: ESTE) today announced that they have entered into a definitive agreement under which Permian Resources will acquire Earthstone in an all-stock transaction valued at …
Energy companies will need to select for different skills and mindsets By Geoffrey Cann The energy worker of the future will require a different set of personal attributes than those normally selected for today. Energy companies may well find these attributes in short supply. One of my more interesting roles is the occasional advisory work …
Sculpting the Energy Worker of the Future – Geoffrey Cann Read More »
Summary China draws on record inventories amid high prices – data Bouyant price of heating oil lifts crude prices – analyst China economic sentiment, US rate hike risk continues to weigh LONDON, Aug 21 (Reuters) – Oil prices edged higher on Monday as tighter supply reflected in fewer exports from Saudi Arabia and Russia and …
Oil Edges up on Tighter Supplies, Heating Oil Prices Read More »
by EnergyNow Media Western Canada Select (WCS) is a type of heavy crude oil produced in Western Canada, primarily in the Alberta oil sands. WCS often trades at a discounted price compared to West Texas Intermediate (WTI), a benchmark light crude oil produced in the United States. There are several key reasons for this price …
Western Canada Select (WCS) vs WTI – Why is There a Discount? Read More »
The inspection devices are digital, an Asset Integrity Management (AIM) is in use – and still the digitalization in everyday life falls short of expectations? This usually has nothing to do with the components available so far, but rather with what is still missing: the link that fills all digital gaps in the inspection process …
PACS Makes Inspection Processes Round – An Interview With the CTO of DIMATE Read More »
Workers at one of Australia’s key liquefied natural gas facilities will take strike action if they cannot reach an agreement with Woodside Energy Group Ltd. by Wednesday, in the latest escalation over pay and conditions. The Offshore Alliance, a group representing two major labor unions, said in a social media post Sunday workers had “unanimously endorsed” giving …
Australian LNG Workers Give Woodside Ultimatum on Strike Action Read More »
Joe Biden’s effort to sell his economic agenda has a problem: Its name. The White House is embracing “Bidenomics” — originally coined by critics to deride the president’s policies — to instead promote his stewardship of the economy. Biden has co-opted the name, linking it to policies he says are creating jobs and lowering costs …
Biden Wants to Sell His Economic Plan to Voters. He Faces One Big Problem, Its Name! Read More »
‘The beautiful game’ wouldn’t look the same without petroleum products By Shawn Logan Follow CEC on Linkedin CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Players react moments after Australia’s forward #16 Hayley Raso (unseen) scored her team’s second goal during the Australia and New Zealand 2023 Women’s World Cup Group B football …
Oil and Gas in Our Lives: Women’s World Cup of Soccer Read More »
