Downstream

This post was originally published on this siteSummary Companies Spare production all around as energy squeeze tightens We need help’ from OPEC, -shale statesman Sheffield March 10 (Reuters) – U.S. shale producers and OPEC, who not long ago were waging a price war, this week found themselves on similar sides as oil prices have surged […]

This post was originally published on this siteMar 11, 2022 (Bloomberg) The European Union won’t sanction oil and natural gas flows from Russia, Hungary’s Prime Minister Viktor Orban said in a video posted on Meta’s Facebook. “Hungary’s energy supply is secure for the coming period,” Orban said after the first day of a two-day summit in

This post was originally published on this siteMar 11, 2022 (Bloomberg) The European Union won’t sanction oil and natural gas flows from Russia, Hungary’s Prime Minister Viktor Orban said in a video posted on Meta’s Facebook. “Hungary’s energy supply is secure for the coming period,” Orban said after the first day of a two-day summit in

This post was originally published on this siteMar 11, 2022 (Bloomberg) Brent crude rose at the end of a week of unprecedented swings as Russia’s war in Ukraine kept markets on edge and talks on the Iranian nuclear deal stalled. Futures in London were trading above $113 and have posted the biggest high-to-low range on record

This post was originally published on this siteMar 11, 2022, 5:00 AM (Bloomberg) The war in Ukraine has touched off a feud between the White House and U.S. oil industry as many companies reap record profits from rising prices despite pumping less crude than before the pandemic, leaving American consumers beset by surging gasoline costs. President

This post was originally published on this siteMar 11, 2022 (Bloomberg) President Joe Biden on Friday is set to call for an end of normal trade relations with Russia, clearing the way for increased tariffs on Russian imports, according to people familiar with the matter. His announcement to revoke the trade privileges will come alongside the

This post was originally published on this siteMarch 09, 2022 HOUSTON, March 09, 2022 (GLOBE NEWSWIRE) — Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today its operating and financial results for the fourth quarter and full-year 2021, year-end 2021 proved reserves and guidance for the full-year 2022. Key Highlights Southern California Release

This post was originally published on this siteMarch 10 (Reuters) – A surge in U.S. retail gasoline prices to record highs has prompted governors and lawmakers in several states to consider slashing their fuel taxes and to ramp up pressure on the federal government to do the same. The push reflects worries in state governments

This post was originally published on this siteHOUSTON, March 10 (Reuters) – A group of the world’s top oil and gas companies are preparing to launch a new fund of over $1 billion to invest in new technologies focused on reducing greenhouse gas emissions from energy use, sources said on Thursday. The Oil and Gas

This post was originally published on this siteSummary Companies Energy shock to accelerate energy transition, CEO Opedal says Equinor to delay planned field maintenance to increase output Reducing EU’s dependence on Russian gas ‘difficult’ -CEO HOUSTON, March 10 (Reuters) – Norwegian state oil company Equinor (EQNR.OL) has stopped trading Russian oil as it winds down operations there