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Canada's Tenaz Energy to buy Dutch NAM's offshore assets for $180 million
Reuters via Yahoo Finance Canada· 3 days agoNAM Offshore is projected to produce nearly 11,000 barrels of oil equivalent per day (boepd), with 99% being natural gas, and generate approximately 90 ...
TENAZ ENERGY CORP. ANNOUNCES AGREEMENT TO ACQUIRE NAM OFFSHORE B.V.
CNW· 3 days ago/CNW/ - Tenaz Energy Corp. ("Tenaz", "our", "we", or the "Company") (TSX: TNZ) has entered into an agreement with Nederlandse Aardolie Maatschappij B.V....
Should African nations develop their fossil fuel resources? – DW – 07/18/2024
Deutsche Welle· 3 days agoThe country sees its nascent oil and gas industry as vital to its economic development. The first...
Four Unexplored Indian Basins May Hold More Oil Than The Permian
Baystreet· 4 days agoFour largely unexplored sedimentary basins in India could hold up to 22 billion barrels of oil, S&P...
WTI improves to near $80.00 due to declining US Oil stockpiles
The Forex Market· 4 days agoAPI Crude Oil stock fell by 4.4 million barrels for the previous week, against the expected decrease...
Oil declines as a sign of a weak economy
The Forex Market· 4 days agoSince last February, the price has been reversing to the upside after declines towards the 200-week moving average.
Russia Plans to Make OPEC+ Compensation Oil Cuts in Warm Seasons
Financial Post· 5 days agoRussia, currently the largest crude producer among the Organization of Petroleum Exporting Countries...
Russia Plans to Make OPEC+ Compensation Oil Cuts in Warm Seasons
Bloomberg via Yahoo Finance Canada· 5 days ago(Bloomberg) -- Russia plans to make extra crude production cuts to compensate for pumping above its...
Roth MKM cuts its oil prices forecast for 2024
StreetInsider· 5 days agoRoth MKM trimmed its oil prices forecast for 2024 amid heightened geopolitical risks and declining global oil inventories this summer. The investment bank ...
Market moves higher amid political developments and economic signals
The Forex Market· 5 days agoStocks pushed higher, the Dow notching a new 2024 high. Trump Taps the Junior Senator from Ohio as...