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Business · New York

Oil firms on tight supply as U.S. driving season looms

67% Center coverage: 9 sources
Brent crude futures rose 72 cents to $113.27 a barrel at 0408 GMT. U.S. West Texas Intermediate (WTI) crude futures climbed 53 cents, or 0.48 per cent, to $110.81 a barrel. Lockdowns in China have hammered industrial output and construction, prompting moves to prop up the economy.See the Story
Exxon Mobil

Exxon shareholders back board, vote against faster carbon emission cuts

100% Center coverage: 2 sources
Major oil producers in the U.S. and Europe faced less hostile investor votes tied to climate change this year compared to a year ago. Energy security and rising fuel prices overshadowed environmental concerns. Only 28% of the participants backed the proposal for setting and publishing medium and long-term targets to reduce the greenhouse gas emissions.See the Story
Wall Street

Hedge fund Elliott chases oil and gas deals, bucking Wall Street

100% Center coverage: 2 sources
Elliott Management wrote to energy bankers in January inviting them to pitch opportunities to acquire U.S. oil and gas acreage. Many investment firms have exited the sector, burned by big losses from when energy prices collapsed. Elliott is showing an appetite for risk that is rare among its Wall Street peers, sources said.See the Story
Oil and Gas Sector · New Mexico

Permian oil producers about to slow despite $100 crude

U.S. oil output this year is expected to expand by less than half the amount it did in 2018. The US will add about 900,000 barrels a day of oil production this year, according to the average of five major forecasters. This year's growth was planned before Russia's invasion of Ukraine.See the Story
Oil and Gas Sector

Oil price edges higher on tight supply and expected demand uplift

100% Right coverage: 1 sources
Brent crude futures for July rose by 48 cents to $114.03 a barrel by 10:50 a.m. EDT (1450 GMT) U.S. West Texas Intermediate (WTI) crude for July delivery rose 49 cents, or 0.4%, to $110.26 a barrel. Refiners picked up the pace of processing, boosting capacity use to 93.2%.See the Story
Oil and Gas Sector

Current report pursuant to Section 13 or 15(d)

Current report pursuant to Section 13 or 15(d) – Form 8-KCurrent report pursuant to Section 13 or 15(d) – Form 8-K…The post Current report pursuant to Section 13 or 15(d) – Form 8-K appeared first on Oil & Gas 360.See the Story
Oil and Gas Sector

Antero Resources Corporation: The Winning Streak Continues (AR)

Antero Resources Corporation: The Winning Streak Continues (AR)Antero Resources Corporation: The Winning Streak Continues (AR)…The post Antero Resources Corporation: The Winning Streak Continues (AR) appeared first on Oil & Gas 360.See the Story
Oil and Gas Sector

Shares of EQT Corporation (EQT) Rise Above Previous 52-Week High

Shares of EQT Corporation (EQT) Rise Above Previous 52-Week HighShares of EQT Corporation (EQT) Rise Above Previous 52-Week High…The post Shares of EQT Corporation (EQT) Rise Above Previous 52-Week High appeared first on Oil & Gas 360.See the Story
Oil and Gas Sector

TotalEnergies agrees to buy 50% of U.S. renewables company Clearway

TotalEnergies has been branching out into the fast-growing renewables energy sector. The company said the acquisition would see it team up with Global Infrastructure Partners (GIP) GIP will receive $1.6 billion in cash and an interest of 50% minus one share in the TotalE energies subsidiary that holds its 50.6% ownership in SunPower.See the Story

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