Downstream

This post was originally published on this site— Generates Eighth Consecutive Quarter of Free Cash Flow — — Anticipates Continued Growth in Cash Flow with Low Leverage — HOUSTON, Nov. 03, 2021 (GLOBE NEWSWIRE) — Ranger Oil Corporation (“Ranger” or the “Company”) (Nasdaq: ROCC) today announced its financial and operational results for the third quarter […]

This post was originally published on this siteREPORTS NET INCOME OF $31.7 MILLION, OR $0.53 PER DILUTED SHARE ANNOUNCES QUARTERLY CASH DIVIDEND POLICY BEGINNING IN 2022 HOUSTON, Nov. 03, 2021 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY, LSE: EGY) today reported operational and financial results for the third quarter of 2021 and announced its

This post was originally published on this siteNov 3 (Reuters) – U.S. shale producers’ decision this year to resist pumping more oil even as prices surge could be nearing an end, according to company executives. Several major oil companies, including BP Plc (BP.L), Chevron Corp (CVX.N) and Exxon Mobil Corp (XOM.N), are planning to increase output or shale spending

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

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

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

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

This post was originally published on this siteNov 3, 2021 (Bloomberg) It was an old joke at Tesla Inc. among executives: get too close to chief executive officer Elon Musk, and you’ll get burned. Flying under the radar — instead of too close to the sun — was a survival strategy at the company.In Greek mythology,

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

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,