U.S. natural gas futures climbed about 3% to a fresh 14-year high on Wednesday on a drop in daily output, hotter than normal weather on the West Coast and in Texas, and near record global prices. That U.S. price increase came despite forecasts for less hot weather and lower air conditioning demand across much of the country over the next two weeks than previously expected. Also preventing U.S. prices from spiking higher, traders noted the ongoing outage at the Freeport liquefied natural [Read more]
Headlines
New oil and gas jobs from BOE Report Jobs
Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. Posting Date Job Title Company Location Aug. 16 Gas Plant Operator Roska DBO Clear Hills Aug. 16 Senior Analyst SAP Plant Maintenance Pembina Calgary Aug. 16 INTERMEDIATE/INVENTORY [Read more]
Plains Midstream Canada Pursuing Fort Saskatchewan Facility Expansion
CALGARY, Alberta, Aug. 16, 2022 (GLOBE NEWSWIRE) -- Plains Midstream Canada, a subsidiary of Plains All American (Nasdaq: PAA & PAGP) (“Plains”), announced today it is exploring the expansion of its Fort Saskatchewan facility with strategic partners. The expansion would leverage existing infrastructure and add 50,000 barrels per day of C3+ fractionation capacity, while maintaining the flexibility to deliver a propane/butane mix to Plains’ fractionation facility in Sarnia, Ont. “With our [Read more]
More U.S. sour crude heads to Germany to replace Russia oil
A second shipment of crude from a U.S. Gulf of Mexico offshore field has sailed for Germany, according to vessel tracking data and trade sources on Tuesday, as European refiners test potential replacements for Russian oil. Europe is aiming to cut 90% of its Russian oil imports by the end of this year. Refiners are expected to look to Norway, the Middle East, the United States and West Africa for alternative supplies, according to analysts. The hunt for substitutes has led in two recent [Read more]
Tidewater Midstream announces closing of unit financing and refinancing plan
CALGARY, AB - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Company") (TSX: TWM) is pleased to announce the successful closing of its previously announced refinancing plan, consisting of a $130 million increase in the size of its Senior Credit Facility to $550 million and an approximately $92.5 million equity offering, fully funding the redemption of its $125 million senior unsecured notes due December 19, 2022 and repayment of its $20 million second lien term loan due [Read more]
Column: Appalling new historical precedent – surplus cash flow cannot solve world’s energy problems, by design
[Scene: Suburbia. A harried wife returning home from work. Angry slamming of a front door.] “I'm home! Where are you? What the hell is going on? Why is the garage full of cash? I can’t even get the car in! What are you, Heisenberg now?” “No, no, no. Honey, I can explain! We’re having a really good year at work, like really good -“ “Listen ya mook! You better come clean! You work in natural gas. Furnaces excite you. No one piles up cash like that unless they’re big tech or drug lords. Now [Read more]
Carbon capture and commercially proven technologies
Carbon capture is a mature technology solution at the forefront of energy transition options to mitigate greenhouse gas emissions from large industrial emitters. Carbon capture is an efficient option for new and existing industries to meet progressing regulations while at the same time leveraging Canada’s natural resources, existing infrastructure, and capacity to sequester carbon dioxide in very close proximity to where fossil fuels are available. Carbon capture from post-combustion flue gas [Read more]
Inviting International Conference on geo-resources plant technology for oil & gas
Korea Institute of Geoscience & Mineral Resources (“KIGAM”) will hold a petrol-chemical, renewable and hydrogen technology conference on Thursday, September 15th at the Ampersand Conference Centre. The International Conference on Geo-Resources Plant Technology for Oil & Gas (“ICGPT”) is funded by the Ministry of Land and Transportation of Korea and will offer an opportunity to be together with related Korean government organizations, research institutes, and Korean companies. The [Read more]
Barclays cuts oil price forecasts for 2022, 2023
Barclays on Tuesday lowered its Brent price forecasts by $8 per barrel to $103 per barrel for 2022 and 2023, citing a large, expected surplus over the near term primarily due to Russian supplies. "The recent move lower in prices is primarily a timing issue, as resilient Russian supplies before the EU sanctions kick in later this year have coincided with elevated concerns of a broader slowdown," it said in a note. However, Russian oil output is expected to decline 1.5 million barrels per [Read more]
U.S. natgas futures jump 5% on record global prices, drop in U.S. output
U.S. natural gas futures jumped about 5% to a 10-week high on Tuesday on record global gas prices, a drop in daily U.S. output, a heat wave in California and forecasts for more hot weather and higher air conditioning demand in late August than previously expected. That U.S. price increase came despite the ongoing outage at the Freeport liquefied natural gas (LNG) export plant in Texas, which has left more gas in the United States for utilities to inject into stockpiles for next [Read more]
- « Previous Page
- 1
- 2
- 3
- 4
- 5
- …
- 2309
- Next Page »