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US buys 3.2 million barrels of oil for SPR, solicitation for more next week

Posted by Daniel Barton
|Date: July 01, 2023
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US buys 3.2 million barrels of oil for SPR, solicitation for more next week

The U.S. Energy Department bought 3.2 million barrels of oil for the Strategic Petroleum Reserve, it said ...

The U.S. Energy Department bought 3.2 million barrels of oil for the Strategic Petroleum Reserve, it said on Friday, as the Biden administration slowly refills the stash after sales last year pushed i ...

July 01, 2023
| by Daniel Barton

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Shell to deliver more value with less emissions

Posted by Daniel Barton
|Date: June 14, 2023
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Shell to deliver more value with less emissions

Shell to deliver more value with less emissions Enhanced focus on performance, discipline and simplificat ...

Shell to deliver more value with less emissions Enhanced focus on performance, discipline and simplification Shareholder distributions increased to 30-40% of cash flow from operations (CFFO) through t ...

June 14, 2023
| by Daniel Barton

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PETRONAS Energy Canada – drilling, production and activity update – BOE Intel

Posted by Daniel Barton
|Date: May 18, 2023
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PETRONAS Energy Canada – drilling, production and activity update – BOE Intel

With LNG Canada continuing to progress towards becoming Canada’s first major LNG project, we thought it w ...

With LNG Canada continuing to progress towards becoming Canada’s first major LNG project, we thought it would be worthwhile to provide an update on the drilling activity of some of the project’s partn ...

May 18, 2023
| by Daniel Barton

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Shell Canada – A&D review and Montney drilling update

Posted by Daniel Barton
|Date: April 19, 2023
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Shell Canada – A&D review and Montney drilling update

Given the increasing focus on LNG projects in Canada, we thought it would be worthwhile to provide an act ...

Given the increasing focus on LNG projects in Canada, we thought it would be worthwhile to provide an activity update on Shell Canada using public data tools BOE Intel and Petro Ninja. The parent comp ...

April 19, 2023
| by Daniel Barton

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US rakes in $263.8 mln from Gulf of Mexico drilling rights auction

Posted by Daniel Barton
|Date: March 30, 2023
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US rakes in $263.8 mln from Gulf of Mexico drilling rights auction

Gulf offshore drilling operation A U.S. government auction of oil and gas drilling rights in the Gulf of ...

Gulf offshore drilling operation A U.S. government auction of oil and gas drilling rights in the Gulf of Mexico generated $263.8 million in high bids, the most of any sale in the region for years and ...

March 30, 2023
| by Daniel Barton

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Exxon halts routine gas flaring in the Permian, wants others to follow

Posted by Daniel Barton
|Date: January 25, 2023
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Exxon halts routine gas flaring in the Permian, wants others to follow

Exxon Mobil Corp said it has stopped routine flaring of natural gas from production in the top U.S. shale ...

Exxon Mobil Corp said it has stopped routine flaring of natural gas from production in the top U.S. shale basin and will press for stronger regulations for rivals to do the same, company officials sai ...

January 25, 2023
| by Daniel Barton

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Canada, U.S. natgas output could hit growing pains in 2023

Posted by Daniel Barton
|Date: December 21, 2022
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Canada, U.S. natgas output could hit growing pains in 2023

LNG Tanker Canadian and U.S natural gas production is expected to hit new records in 2023, but growth may ...

LNG Tanker Canadian and U.S natural gas production is expected to hit new records in 2023, but growth may be slow due to weakened demand, pipeline bottlenecks and a lack of new liquefied natural gas ( ...

December 21, 2022
| by Daniel Barton

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Oil giants rake in steep profits amid high energy prices

Posted by Daniel Barton
|Date: October 29, 2022
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Oil giants rake in steep profits amid high energy prices

Oil companies brought in staggering profits once again as people worldwide struggled with high gasoline a ...

Oil companies brought in staggering profits once again as people worldwide struggled with high gasoline and energy prices. Exxon Mobil broke records with its profits in the third quarter, raking in $1 ...

October 29, 2022
| by Daniel Barton

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Energy war as West caps Russian oil price, Moscow keeps gas pipe shut

Posted by Daniel Barton
|Date: September 03, 2022
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Energy war as West caps Russian oil price, Moscow keeps gas pipe shut

Rich countries agreed on Friday to try to cap the global price of Russian oil, while Russia delayed the r ...

Rich countries agreed on Friday to try to cap the global price of Russian oil, while Russia delayed the re-opening of its main gas pipeline to Germany, as both sides raised the stakes in an energy war ...

September 03, 2022
| by Daniel Barton

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Exxon, Shell sell California oil assets for $4 billion to IKAV

Posted by Daniel Barton
|Date: September 01, 2022
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Exxon, Shell sell California oil assets for $4 billion to IKAV

Exxon Mobil Corp and Shell PLC on Thursday confirmed the sale of their California oil joint-venture Aera ...

Exxon Mobil Corp and Shell PLC on Thursday confirmed the sale of their California oil joint-venture Aera to German asset manager IKAV for $4 billion, ending a 25-year-long partnership that was one of ...

September 01, 2022
| by Daniel Barton

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