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Oil gas
Top oil and gas stocks to watch out as crude prices soar
July 06, 2021 12:14 PM PDT| By Team Kalkine MediaCrude oil prices soared to a six-year high of US$76.98 after the OPEC+ countries could not decide on increasing oil production. The country has already seen a 60% hike in gas prices this year due to low supply and high demand as the economic recove.....
10 pipeline stocks to explore this summer
June 22, 2021 09:42 AM PDT| By Team Kalkine MediaSummary Pipeline stocks gain as the world economy rebounds from the pandemic slump. EnLink Midstream (NYSE: ENLC) logs a net income of US$12.6 million in Q1 of 2021. Sprague Resources’ (NYSE: SRLP) net income rises to US$48.8 million fro.....
Why Torchlight Energy (TRCH) stock jumped 65 percent?
June 21, 2021 03:20 PM PDT| By Kiran MuraliSummary Torchlight Energy was the most trending stock on social media platform StockTwits on Monday. The oil and gas company has extended the completion of its merger with Metamaterial to June 30. The stock, which gained 16 percent on Friday, .....
Top ten oil & gas stocks to explore
June 14, 2021 11:10 AM PDT| By Team Kalkine MediaSummary Prices of oil & gas stocks are rising as business restrictions are relaxed after vaccine progress. In Q1 of 2021, EOG Resources, Inc. logged total revenue of US$3694 million and a net income of US$677 million. Pioneer Resources&rsq.....
Exxon Mobil, Chevron Shares Decline Despite Reporting Quarterly Profits
April 30, 2021 12:05 PM PDT| By Team Kalkine MediaShares of oil and gas majors Exxon Mobil Corporation (NYSE: XOM) and Chevron Corporation (NYSE: CVX) fell on April 30 after both the companies reported profit in their first quarter of 2021. Exxon Mobil had been reporting loss in the last four con.....
Millions Living In Dark As US Energy Crisis Intensifies
February 16, 2021 06:26 AM PST| By Team Kalkine Mediaannounces emergency aid as Weather Dept. says cold condition to remain for next few days. Millions of people in the US were facing prolonged blackouts and heating fuel shortage amid an unprecedented cold blitz that swept through North America, ....
How is the US Oil & Gas space developing post 2020 plunge and EV revolution?
February 01, 2021 08:10 AM PST| By Team Kalkine MediaSource:pan demin, Shutterstock Summary Oil prices have started recovering from the 2020 crisis on the back of the economic stimulus and the start of vaccine roll-out. How the staged vaccine roll-out and further restrictions in several geograph...
BHP inks deal with Shell to power LNG carriers
December 01, 2020 07:07 PM PST| By Kunal SawhneyAs a pledge to reduce carbon emission, BHP (ASX:BHP), a global resource company with dual listing in the UK and Australia, has signed an agreement with Shell to fuel five LNG powered Newcastlemax bulk carriers. LNG powered carrier vessels which BH.....
US stockpiles Dry up, a big boost for oil prices. Is oil headed higher from here?
September 18, 2020 12:57 AM PDT| By Team Kalkine MediaU.S. crude oil stockpiles are declining as imports from Saudi Arabia are declining and exports rising. The exports have increased by 1.2 million barrels per day, with China being the major consumer. China has imported nearly 1 million barrels per d.....
BP's plan for zero carbon emission by 2050, will other companies follow the suite?
August 06, 2020 03:14 AM PDT| By Team Kalkine MediaSummary Oil majors BP & RDSA have vowed to reduce carbon footprint by 2050 Supermarket operators SBRY & TSCO are likely to become carbon neutral in the next few decades There are some sectors where reducing carbon footprint still seems.....
