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Natural Gas Futures Sink on Storage Draw and Mild Weather; Cash Gains

This post was originally published on this siteMarch Nymex natural gas futures settled the Thursday regular trading session down 5.0 cents day/day, turning negative after the U.S. Energy Information Administration (EIA) reported a storage withdrawal that was within market expectations. At A Glance: 197 Bcf storage draw meets expectations Neat-term warmth pressures Spot gas prices […]

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ExxonMobil’s Global Trading Arm Finding Opportunities in Volatile Natural Gas, Oil Prices

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This post was originally published on this siteExxonMobil’s goal to advance its natural gas and oil trading arm is gaining momentum, as the company eyes more opportunities in the global market, CEO Darren Woods said Friday. Woods discussed the supermajor’s fourth quarter and full year results during a wide-ranging conference call. “We saw energy prices

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Hess Starts Up New Guyana Project, but Profit Down on Lower Prices

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This post was originally published on this siteHess reported $413 million in net income for the fourth quarter of 2023.

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Climate activist Greta Thunberg cleared of public order offense during London oil protest

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Swedish climate activist Greta Thunberg on Friday was cleared of a public order offense over a protest at an oil and gas conference in October.

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Here are Jim Cramer’s rapid-fire takeaways on 6 stocks in the news Friday

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Morning Meeting updates on stocks outside the Club portfolio: Clorox, Tesla, Bristol-Myers, Abbvie, Exxon and Chevron.

Here are Jim Cramer’s rapid-fire takeaways on 6 stocks in the news Friday Read More »

Exxon’s $36 Billion Profit Beats Estimates

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This post was originally published on this siteExxon Mobil on Friday posted a better-than-expected $36 billion profit for 2023, lifted by fuels trading and higher oil and gas production.Oil majors are expected…

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Orsted’s Strategic Shake-up Has Investors Worried

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This post was originally published on this siteOrsted is expected to trim investment plans and cut dividends on Wednesday as it presents a new strategy but investors are worried that the Danish renewable energy…

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27 New Shale Well Permits Issued for PA-OH-WV Jan 22 – 28

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This post was originally published on this siteThere were 27 new permits issued to drill in the Marcellus/Utica during the week of Jan. 22 – 28, versus 20 permits issued during the prior week. Pennsylvania issued 19 new permits last week. Ohio issued 5 new permits. West Virginia issued 3 new permits last week. Olympus

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Shell CEO Says PA Cracker Not Fully Online Until 2025/26, Cost $14B

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This post was originally published on this siteYesterday, Shell’s new CEO, Wael Sawan, spilled some major beans about the company’s ethane cracker in Monaca (Beaver County), Pennsylvania. Sawan’s comments about the cracker came during a quarterly conference call with analysts to discuss the company’s performance during the fourth quarter of 2023. Until yesterday, Shell had

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TotalEnergies to Acquire OMV's Malaysian Gas Assets for $903 Million

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This post was originally published on this site TotalEnergies has entered into an agreement with OMV for the acquisition of OMV’s 50% interest in SapuraOMV Upstream Sdn, a Malaysian independent gas producer and operator.

TotalEnergies to Acquire OMV's Malaysian Gas Assets for $903 Million Read More »

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Natural Gas Futures Sink on Storage Draw and Mild Weather; Cash Gains

ExxonMobil’s Global Trading Arm Finding Opportunities in Volatile Natural Gas, Oil Prices

Hess Starts Up New Guyana Project, but Profit Down on Lower Prices

Climate activist Greta Thunberg cleared of public order offense during London oil protest

Here are Jim Cramer’s rapid-fire takeaways on 6 stocks in the news Friday

Exxon’s $36 Billion Profit Beats Estimates

Orsted’s Strategic Shake-up Has Investors Worried

27 New Shale Well Permits Issued for PA-OH-WV Jan 22 – 28

Shell CEO Says PA Cracker Not Fully Online Until 2025/26, Cost $14B

TotalEnergies to Acquire OMV's Malaysian Gas Assets for $903 Million

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