COMMENTARY: Rising oil prices are fuelling expected inflation: Kemp

This post was originally published on this siteBy John Kemp A Shell logo is seen on a fuel pump at a gas station In Warsaw, Poland June 1, 2017. REUTERS/Kacper Pempel/File Photo LONDON, Nov 3 (Reuters) – Past changes in oil prices are closely associated with U.S. consumers’ and investors’ expectations for overall inflation in […]

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Methane Rules Would Cost U.S. Producers Over $1 Billion a Year

This post was originally published on this siteNov 2, 2021 (Bloomberg) U.S. oil and natural gas producers would have to spend a negligible fraction of profits to comply with tougher methane rules proposed by the Biden administration.The measures would cost up to $1.2 billion annually, the U.S. Environmental Protection Agency announced Tuesday, and would be spread

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Nord Stream 2 Is Still Months From Easing Europe’s Gas Woes

This post was originally published on this siteNov 3, 2021 (Bloomberg) Russia’s Nord Stream 2 may need a few more months to clear remaining red tape before the controversial pipeline begins pumping natural gas to Germany to help ease Europe’s energy crunch. The Baltic Sea project — which has raised concerns over the Kremlin’s control of

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Carney Sees Watershed Moment for Climate Finance: COP26 Update

This post was originally published on this siteNov 3, 2021 (Bloomberg) The COP26 summit turned its attention to the finance industry’s contribution to the fight against climate change, with announcements overnight revealing that banks, asset managers and insurers representing more than $130 trillion have signed up to net-zero commitments.U.K. Chancellor of the Exchequer Rishi Sunak revealed plans to

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Oil Tumbles as U.S. Piles Pressure Onto OPEC+ for More Barrels

This post was originally published on this siteNov 3, 2021 (Bloomberg) Oil fell as the U.S. intensified pressure on OPEC+ to boost supplies when it meets on Thursday, while concerns grew that tighter policy from the Federal Reserve will impede growth.West Texas Intermediate futures sank 2.4% after U.S. President Joe Biden blamed OPEC and its allies

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Laredo Petroleum Announces Third-Quarter 2021 Financial and Operating Results

This post was originally published on this siteNovember 02, 2021 TULSA, OK, Nov. 02, 2021 (GLOBE NEWSWIRE) — Laredo Petroleum, Inc. (NYSE: LPI) (“Laredo” or the “Company”) today announced its third-quarter 2021 financial and operating results. Third-Quarter 2021 Highlights Announced second significant acquisition of 2021, agreeing to purchase ~20,000 net acres in western Glasscock County,

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Devon Energy Reports Third-Quarter 2021 Financial and Operational Results

This post was originally published on this siteOKLAHOMA CITY, Nov. 02, 2021 (GLOBE NEWSWIRE) — Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the third quarter of 2021. The company’s earnings release, supplemental financial tables, updated guidance and related earnings presentation can be accessed via the Investor Relations section of Devon’s website, www.devonenergy.com.

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DCP Midstream Reports Third Quarter Results and is on Track to Exceed 2021 Financial Guidance

This post was originally published on this siteNovember 02, 2021 DENVER, Nov. 02, 2021 (GLOBE NEWSWIRE) — Today, DCP Midstream, LP (NYSE: DCP) reported its financial results for the three and nine months ended September 30, 2021. HIGHLIGHTS For the respective three and nine months ended September 30, 2021, DCP had net income attributable to partners

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