This post was originally published on this siteNov 16, 2021 (Bloomberg) The tightness in global oil markets that propelled prices to a seven-year high is starting to ease as production recovers in the U.S. and elsewhere, the International Energy Agency said.Demand growth remains robust, but supply is catching up and changes in oil stockpiles seen in […]

This post was originally published on this siteNov 16, 2021 (Bloomberg) Coal mining chief executives said the fuel they produce is far from being consigned to history, regardless of stricter global climate action agreed at the COP26 summit last week.Demand remains robust in Asia and has picked up in Europe and North America as well this

This post was originally published on this siteNov 15, 2021   (Bloomberg)Oil output in the Permian Basin is projected to hit a record as the largest U.S. shale patch leads the recovery in domestic production from its Covid-19 induced slump.Supplies from the prolific oil field of West Texas and New Mexico are set to increase

This post was originally published on this siteNovember 15, 2021 Q3 revenue up 72% as Company posts gains across all service offerings Q3 adjusted EBITDA improves by 10% Increase in customer activity driven by higher commodity prices and steady recovery from pandemic impact Company amends credit facility and obtains waiver LONGMONT, Colo., Nov. 15, 2021

This post was originally published on this siteFORT WORTH, Texas, Nov. 15, 2021 (GLOBE NEWSWIRE) — Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) announced today its financial results for the third quarter ended September 30, 2021. Third Quarter 2021 Highlights and Recent Developments Production sales of 2,426 MBoe for the

This post was originally published on this siteDENVER, Nov 15 (Reuters) – U.S. oil producers are struggling to find enough crews, vehicles and equipment to take advantage of rising global demand and a seven-year high in crude prices, say executives at oilfield service firms. The problems are preventing the world’s top oil producer and consumer,

This post was originally published on this siteA maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson/File Photo WASHINGTON, Nov 15 (Reuters) – The Biden administration is considering tapping the U.S. Strategic Petroleum

This post was originally published on this site#ADNOC MD and GCEO, H.E. Dr Sultan Al Jaber, opened #ADIPEC with a speech which called for ‘progress with pragmatism’ during the energy transition. He also highlighted ADNOC’s steps towards reducing its carbon emissions intensity and called on partners to join the company in ambitious growth plans across

This post was originally published on this siteAn Exxon sign is seen at a gas station in the Chicago suburb of Norridge, Illinois, U.S., October 27, 2016. REUTERS/Jim Young HOUSTON, Nov 15 (Reuters) – Workers locked out of their jobs at an Exxon Mobil (XOM.N) oil refinery this week begin casting ballots in a vote that will

This post was originally published on this siteABU DHABI, United Arab Emirates (AP) — Energy ministers from across the developing world gathered in the emirate of Abu Dhabi on Monday and stressed the need for continued investment in fossil fuel production — a message just days after these same nations joined around 200 countries in