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Inside The $10 Million Fortune Of Antony Blinken, Biden’s Secretary Of State   Jun 17, 2021
Between roles in the Obama and Biden administrations, Antony Blinken cofounded a D.C. advisory business—and made a small fortune. Forbes  

What to watch as U.S. demand pushes oil prices higher   Jun 17, 2021
As U.S. car and airplane travel rebounds, how fast global oil producers boost output may determine whether fuel prices keep rising. Falling new COVID cases and rising vaccinations helped air passengers rise to levels about a fifth lower than the same period in 2019. Bloomberg  

The Climate Culture Shock Is Coming   Jun 17, 2021
In the corporate world, big change starts at the top—which means companies will have to shake up their leadership to fulfill their environmental agendas. Bloomberg  

Russia's controversial 764-mile-long natural gas pipeline   Jun 17, 2021
Russia's controversial 764-mile natural gas pipeline, Nord Stream 2, is nearly complete. What will it mean for the region — and for the world? Why is this new pipeline so contro Yahoo Finance  

Crude oil prices retreat, but stay near multi-year highs   Jun 17, 2021
A 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 Reuters  

N. American oil service firms' pricing and hiring on the upswing   Jun 17, 2021
As oil climbs above $70 a barrel for the first time in almost three years, oilfield firms are reporting prices for their services and equipment have bottomed and many are fielding more calls for jobs. Reuters  

WTI Price Paid for The First Truck Load Of Oil Produced After Restart of Operations   Jun 17, 2021
Development of Sales Channels for Produced Sand ContinuesSHERMAN OAKS, CA / ACCESSWIRE / / Petroteq Energy Inc. ("Petroteq" or the "Company") ‎‎(TSXV:PQE; ‎OTC PINK:PQEFF; FSE:PQCF), a ‎company focused on the development and implementation of its proprietary oil-‎extraction ‎technologies, Yahoo Finance  

Oil Near $72 as Investors Size Up Fed’s Shift, Lower Stockpiles   Jun 17, 2021
Oil traded near $72 a barrel as investors weighed signs of a tightening global crude market against the Federal Reserve’s decision to start moving toward an end of its ultra-easy monetary policy.West Texas Intermediate was 0. Yahoo Finance  

Alcoa details plans to cut carbon emissions from making alumina   Jun 17, 2021
Alcoa Corp detailed plans on Thursday for a "step change" in alumina production that would allow it to cut 70% of emissions from the carbon intensive process by tapping renewable energy. Among Australia's emissions intensive exports, Yahoo Finance  

From hate to love: The carbon price journey of LNG in Australia: Russell   Jun 17, 2021
Australia's liquefied natural gas (LNG) sector is changing from an industry that was vociferously opposed to any form of carbon taxes or trading to one that views a price on emissions as vital to its future. Reuters  

Oil Falls Below $72 as Fed’s Tilt Drowns Out Lower Stockpiles   Jun 17, 2021
Oil fell after the Federal Reserve tilted toward tightening policy, aiding the dollar and offsetting signs of a stronger crude market.West Texas Intermediate lost 0.5% after ending Wednesday almost unchanged, Yahoo Finance  

Danimer Shareholder Notice   Jun 17, 2021
Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Danimer Scientific Inc. To Contact Him Directly To Discuss Their Options New York, New York--( - June 16, 2021) - Faruqi & Faruqi, Yahoo Finance  

Northern Oil and Gas, Inc. Announces Pricing of Public Offering of Common Stock   Jun 17, 2021
Northern Oil and Gas, Inc. (NYSE American: NOG) (the "Company") announced today that it has priced its previously announced underwritten public offering of 5,000,000 shares of its common stock at a price to the public of $17. Yahoo Finance  

Crude oil prices drop, pressured by stronger U.S. dollar   Jun 17, 2021
Crude oil prices fell on Thursday pressured by a stronger U.S. dollar, but losses were limited by a big drop in crude oil inventories in the United States, the world's top oil consumer. Brent crude oil futures dropped by 74 cents, Yahoo Finance  

'Man camp' threat to Mi'kmaw women unchanged since MMIWG inquiry, say advocates   Jun 17, 2021
Mi'kmaw advocates for Indigenous women and girls are concerned that resource extraction projects still pose the same threats as those outlined two years ago in the final report of the national inquiry into missing and murdered Indigenous women and girls.  

Equinor (EQNR) States Strategies to Boost Energy Transition   Jun 17, 2021
Equinor (EQNR) will allot more than 50% of its investments to renewables and low-carbon solutions by 2030, whereas it has been less than 5% in 2020. Yahoo Finance  

The Best Oil Stocks As Prices Rebound   Jun 17, 2021
Oil prices rallied to their highest levels two and a half years after OPEC+ recently agreed to extend its historic production cuts. On Friday, WTI was trading at $70.91 per barrel while Brent crude was changing hands at $72. Crude Oil Prices  

Suncor to increase minority stake in Terra Nova as part of ownership restructuring   Jun 16, 2021
Suncor Energy Inc. says it has reached an agreement in principle to increase its minority ownership of the Terra Nova offshore oilfield. The Calgary-based company says its stake in the Newfoundland and Labrador facility will increase to 48 per cent from about 38 per cent as part of a restructuring of ownership. Yahoo Finance  

Terra Nova deal in the making, with agreement hinged on approval from all parties   Jun 16, 2021
An effort to save the Terra Nova oilfield, and hundreds of jobs with it, could be a go with Suncor Energy announcing Wednesday evening that co-owners on the project have reached an agreement in principle.  

Bankruptcy: A Cheap Way Out Of Trouble For Oil Companies   Jun 16, 2021
Oil companies are using loopholes in the U.S. bankruptcy law to offload troublesome assets and shirking their environmental clean up responsibilities Crude Oil Prices  

Suncor Energy and Terra Nova co-owners reach Agreement in Principle on Terra Nova   Jun 16, 2021
Suncor today advised that the co-owners of the Terra Nova Floating, Production, Storage and Offloading (FPSO) facility and associated Terra Nova Field (“Terra Nova” or “the project”) have reached an agreement in principle to restructure the project ownership and provide short-term funding towards continuing the development of the Asset Life Extension Project, Yahoo Finance  

Norway oil drilling unions agree wage deal, averting strike action   Jun 16, 2021
Three Norwegian labour unions agreed on a wage deal with the owners of floating offshore oil drilling rigs, preventing the outbreak of a strike that would have disrupted exploration, the unions said on Thursday. Reuters  

Senators press Interior Secretary Haaland on oil lease pause   Jun 16, 2021
Both Republican and Democratic senators pressed Interior Secretary Deb Haaland for answers Wednesday after a federal court blocked the Biden administration’s suspension of new oil and gas leases on federal lands and waters. Yahoo Finance  

Energy Transition Fad Will Send Oil Sky High   Jun 16, 2021
Ironically, the wave of ESG investing in global energy markets may lead to much higher oil prices as a serious lack of capital expenditure on new fossil fuels dries up just as demand for crude continu OilPrice  

Norway negotiators work overtime in bid to avert oil drilling strike   Jun 16, 2021
Norwegian oil drilling workers and employers have extended their pay talks past a midnight deadline in a bid to avert a strike that could impact petroleum exploration, negotiators said early on Thursday. Reuters  

VAALCO Secures Rig for 2021/2022 Drilling Campaign   Jun 16, 2021
HOUSTON, June 16, 2021 (GLOBE NEWSWIRE) -- (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced that, in conjunction with its 2021/2022 drilling program planned to begin later this year, Yahoo Finance  

Northern Oil and Gas, Inc. Announces Core Permian Basin Bolt-On Acquisitions   Jun 16, 2021
Delaware Basin. Includes 2,900 core Permian acres in Reeves, Lea and Eddy Counties. 3,700 Boe per day (two-stream) expect Yahoo Finance  

High Oil Prices Set Supermajors Up For A Promising Earnings Season   Jun 16, 2021
Oil majors are set to report strong earnings next month as a result of improving oil prices and shareholders are finally likely to see some of the spoils Crude Oil Prices  

Oil Crawls Forward as Tighter Supply Offsets Projected Fed Hike   Jun 16, 2021
Oil was virtually unchanged as gains driven by diminishing crude inventories were tugged lower after Federal Reserve officials suggested they expect two interest rate increases by the end of 2023.Futures in New York rose three cents on Wednesday. Yahoo Finance  

Can Fracking Save Colombia?   Jun 16, 2021
Colombia's crude oil reserves are running thin, and authorities are now looking to promote shale exploration in order to ensure future production Yahoo Finance  

Oil Pares Gains as Broader Market Falls Ahead of Fed Decision   Jun 16, 2021
Oil slipped alongside a broader market selloff as investors turned cautious ahead of an expected decision from the Federal Reserve, reversing earlier gains stemming from a fourth weekly decline in U.S. Yahoo Finance  

Azerbaijan's Jan-May oil exports via BTC pipeline fall 11.2%   Jun 16, 2021
Azeri oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline via Georgia and Turkey fell by 11.2% year on year to 11.1 million tonnes in the first five months of the year, the State Statistics Committee said on Wednesday. Reuters  

Oil hits 2-yr high near $75 on demand rise   Jun 16, 2021
Business Oil hits 2-yr high near $75 on demand rise. Posted . Oil gained for a fifth day on Wednesday, climbing towards $75 a barrel to its highest since April 2019, supported by Reuters  

Argan oil is enriching women in Morocco   Jun 16, 2021
Lifestyle Argan oil is enriching women in Morocco. Posted . In the arid mountains of southern Morocco, local women harvest argan oil, a natural product they have long used in cook Reuters  

$100 Oil Predictions Soar As Analysts Warn Of Supply Crisis   Jun 16, 2021
Incredible demand, inflation, and shareholder pressure on oil supermajors to drastically cut emissions could lead to an oil crisis and oil prices above $100 within 3 years OilPrice  

EXCLUSIVE Private equity firms Quantum, EnCap bid for oil producer EP Energy - sources   Jun 16, 2021
Oil and gas producer EP Energy, which emerged from bankruptcy last year, has received takeover bids from private equity firms including EnCap Investments and Quantum Energy Partners, four people familiar with the talks told Reuters. Reuters  

The Latest: Putin: Russia, US to hold cybersecurity talks   Jun 16, 2021
Russian President Vladimir Putin says that he and U.S. President Joe Biden have agreed that their two nations will start consultations on cybersecurity. After a meeting with Biden in Geneva, Putin said: “We believe that cybersecurity is important for the world in general, Yahoo Finance  

Lightbridge CEO Seth Grae Issues Update Letter to Shareholders   Jun 16, 2021
RESTON, Va., June 16, 2021 (GLOBE NEWSWIRE) -- (Nasdaq: LTBR), an advanced nuclear fuel technology company, today issued a corporate update in a letter to shareholders from President and CEO Seth Grae. Yahoo Finance  

FTSE 100 closes at 16-month high as oil nears $75 and US waits on Fed rates   Jun 16, 2021
The FTSE 100 pushed to another 16-month high on Wednesday, despite dampened conditions in the US as traders awaited a decision on interest rates which were widely tipped to remain unchanged. In the US, Yahoo Finance  

Lundin Energy Boasts Carbon Neutral Oil Production   Jun 16, 2021
Lundin Energy, a minority partner of Equinor in the giant Norwegian oilfield Johan Sverdrup, said on Wednesday that all future barrels of it would sell from Western Europe’s biggest field would be cer OilPrice  

An Icon Is Born As Royal Caribbean Starts Construction On Revolutionary Ship   Jun 16, 2021
An iconic day for the cruise industry's next iconic ship took place on Monday, June 14 when Royal Caribbean International marked the start of construction on its first Icon Class ship. To celebrate the milestone, Yahoo Finance  

Earnings Estimates Moving Higher for Marathon Oil (MRO): Time to Buy?   Jun 16, 2021
Marathon Oil (MRO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions. Yahoo Finance  

Energy milestone: Florida utility topples last coal chimney   Jun 16, 2021
Florida Power & Light imploded the towering chimney stack of its last coal-fired generating plant Wednesday, a milestone in its transition to cleaner energy sources. Puffs of smoke came from the base of the 495-foot (150-meter) stack and then it fell to the side in one piece, Yahoo Finance  

Bullish Fundamentals Drive Oil Prices Higher   Jun 16, 2021
Oil prices have rallied in recent days, as global demand continues to recover while OPEC+ keeps a tight rein on supply and speculators buy the oil complex, seeing few downside risks OilPrice  

FortisBC maintains cost of gas rates for customers   Jun 16, 2021
FortisBC Energy Inc. (FortisBC) has received approval from the British Columbia Utilities Commission (BCUC) to maintain the cost of gas rates for all of its customers until . As such, FortisBC customers will not see a change to the cost of gas rate on their bill. Yahoo Finance  

Is Marathon Oil (MRO) Outperforming Other Oils-Energy Stocks This Year?   Jun 16, 2021
Investors focused on the Oils-Energy space have likely heard of Marathon Oil (MRO), but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, Yahoo Finance  

Hess Corporation to Make $9 Million, Three-Year Investment in Education in Houston’s Underserved Communities   Jun 16, 2021
Hess Corporation (NYSE: HES) today announced a $9 million financial commitment over the next three years as part of its Learning for Life Partnership to fund educational programs and support services for children in three economically disadvantaged communities in Houston that are part of Mayor Sylvester Turner’s Complete Communities Initiative. Yahoo Finance  

Oil Supercycle May Hinge on Drilling Lag, Saudi Prince Says   Jun 16, 2021
A new supercycle in global oil prices could be triggered by a lack of new investments in exploration, Saudi Arabia’s energy minister said.Prince Abdulaziz bin Salman, who’s been warning speculators of the hazards of bearish bets, Yahoo Finance  

Texas Girds for Blackouts as Heat Wave Rolls On   Jun 16, 2021
Texas is pushing homes and businesses to conserve electricity for a second day in a row to stave off blackouts as a punishing heat wave bakes the western U.S.Temperatures will top 100 degrees Fahrenheit (38 degrees Celsius) from Montana to Southern California Tuesday, Yahoo Finance  

Morgan Stanley hires senior Credit Suisse dealmaker Weinberger -source   Jun 16, 2021
Morgan Stanley (MS.N) has hired Greg Weinberger from Credit Suisse Group (CSGN.S), a source familiar with the matter said on Wednesday, the most high-profile investment banking departure amid a glut of exits from the Swiss bank in recent weeks. Reuters  

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