Oil gas

Update on Short Interest for Akastor ASA (OTCMKTS: AKRYY)
January 30, 2025 07:28 PM AEDT| By Team Kalkine MediaHighlight,A significant drop in short interest signals a shift in market sentiment.,Volatile stock prices reflect the fluctuations in the oilfield services industry.,Akastor ASA's diversified services support its position in the global oil and gas se...

Corning Natural Gas (OTCMKTS:CNIG) Stock Trends and Market Positioning
January 30, 2025 07:28 PM AEDT| By Team Kalkine MediaCorning Natural Gas: Market Position and Operational Strength

Ukrainian drones hit Russian energy sites – what we know so far
January 29, 2025 11:33 PM AEDT| By InvezzRussian officials and media outlets reported on Wednesday that a massive Ukrainian drone attack targeted multiple Russian oil and power facilities, including a nuclear power plant. The attack highlighted the escalating conflict between the two...

Why are US oil and gas companies hesitant to expand production in 2025?
January 28, 2025 01:27 AM AEDT| By InvezzDespite US President Donald Trump’s encouragement to increase drilling, US oil and gas companies are expected to prioritize shareholder returns and limit spending in 2025, according to a Reuters report. Investor expectations and Trump’s p...

Chevron Announces Milestone in Kazakhstan with Start of Oil Production at Future Growth Project
January 24, 2025 11:55 PM AEDT| By Team Kalkine MediaHighlights:,New Facility Boosts Output,: The FGP will significantly enhance crude oil production by 260,000 barrels per day, bringing the field’s total capacity to one million barrels of oil equivalent daily.,Integrated Upgrades,: The project integra...

Could the Topaz Project Redefine the Future of Helium Extraction?
January 24, 2025 10:29 PM AEDT| By Team Kalkine MediaHighlights,Pulsar Helium Inc.,(OTC:PSRHF),will host a live Q&A session with CEO Thomas Abraham-James on January 27, 2025.,Updates on the Topaz Project include the Jetstream #1 appraisal well and the beginning of Jetstream #2 drilling.,The company foc...

Oil prices set for weekly decline as Trump’s WEF comments weigh on sentiments
January 24, 2025 09:06 PM AEDT| By InvezzOil prices were on course to end the week lower after US President Donald Trump urged the Organization of the Petroleum Exporting Countries to lower crude prices. Trump also revealed plans to boost US oil production significantly, which further weigh...

Has Shell's Senior Management Overhaul Signaled a Shift in Strategy?
January 23, 2025 11:56 PM AEDT| By Team Kalkine MediaHighlights,Shell PLC announces senior management changes.,Huibert Vigeveno steps down after thirty years with the company.,Machteld de Haan and Andrew Smith appointed to new roles within Shell’s executive committee.,Shell PLC,(NYSE:SHEL),, a leading...

How Will Diversify Advisory Services' New Stake in Baker Hughes Impact Its Future?
January 23, 2025 09:54 PM AEDT| By Team Kalkine MediaHighlights:,Diversify Advisory Services LLC acquired a new position in Baker Hughes.,The firm purchased 6,794 shares, valued around $294,000.,The acquisition was disclosed in a 13F filing for the fourth quarter.,Baker Hughes,(NASDAQ:BKR),is a promine...

How Is Nostra Terra Boosting Production at Pine Mills?
January 21, 2025 09:06 PM AEDT| By Team Kalkine MediaHighlights:,Nostra Terra,(OTC:NTOGF),confirms increased oil production at Pine Mills.,Three wells return online as part of workover program.,Cashflow positive at both corporate and operational levels.,The oil and gas industry plays a crucial role in...

What Is Behind Hafnia’s Pause in Share Repurchases This Week?
January 20, 2025 09:42 PM AEDT| By Team Kalkine MediaHighlights,Hafnia’s share Repurchase program permits the repurchase of up to 18 million shares, with a set deadline.,No repurchases occurred between January 13-17, 2025, under the program.,The program, managed by Pareto Securities AS, is scheduled t...

Has Zephyr Energy Initiated a Major Expansion in the Paradox Basin?
January 20, 2025 08:54 PM AEDT| By Team Kalkine MediaHighlights,Zephyr Energy begins operations for an extended lateral at the State 36-2 LNW-CC-R well.,The well is located in the Cane Creek reservoir, Paradox Basin, Utah.,The horizontal extension will add 5,500 feet to the existing wellbore.,Zephyr En...

How Does ONE Gas’ Stock Performance Reflect Its Market Dynamics?
January 17, 2025 10:11 PM AEDT| By Team Kalkine MediaHighlights:,ONE Gas experiences a price increase of $0.87 in recent trading.,The company’s market capitalization is $4.01 billion, with key ratios reflecting financial health.,Stock price movement is influenced by factors such as trading volume and k...

How Did Ecopetrol Secure a Major Legal Victory Over Chicago Bridge & Iron Company?
January 17, 2025 10:06 PM AEDT| By Team Kalkine MediaHighlights:,Ecopetrol’s legal victory confirms the arbitration award on the EPC Contract for Refinería de Cartagena.,The Court of the Southern District of New York denies CB&I’s attempt to vacate the award.,Reficar successfully defends its interests,...

How Could Petro Matad’s Heron-1 Well Revolutionize Oil Production in Mongolia?
January 16, 2025 09:10 PM AEDT| By Team Kalkine MediaHighlights:,Petro Matad reports 200 barrels of oil per day from Heron-1 well in Mongolia.,A cooperation agreement for oil sales is expected to be finalized in February.,The company expands its exploration activities with the signing of the Borzon Blo...

Flowco Holdings Prices IPO at $24 Per Share, Trading to Begin on NYSE Under "FLOC"
January 16, 2025 04:29 PM AEDT| By Team Kalkine MediaHighlights,IPO Details,: Flowco will offer 17.8 million shares of Class A common stock at $24.00 per share, with underwriters holding a 30-day option for 2.67 million additional shares.,Stock Debut,: Flowco's Class A common stock will trade on the NY...

Is Shell PLC's Financial Resilience Outpacing BP PLC as 2025 Approaches?
January 15, 2025 09:46 PM AEDT| By Team Kalkine MediaHighlights:,Shell PLC is viewed more favorably than BP PLC heading into 2025 based on balance sheet strength.,Both companies stand to benefit from the recent crude price rally, with Shell maintaining an edge.,Shell receives an "overweight" rating, wh...

Could Valero Energy’s Low P/E Ratio Be Hiding Deeper Challenges?
January 15, 2025 04:05 AM AEDT| By Team Kalkine MediaHighlights,Valero Energy has a notably low P/E ratio compared to the broader U.S. market.,The company has recently experienced a decline in earnings, diverging from sector growth trends.,The low P/E ratio may reflect market concerns about the company...

Venezuela on the edge: why January 10 is crucial for its future
January 11, 2025 02:20 AM AEDT| By InvezzJanuary 10 is a crucial day in Venezuela because it initiates a new presidential term. Nevertheless, the problem is the controversial fact that the elections on July 28 have brought to the fore, in which President Nicolás Maduro declared himself the...

India increases crude imports from Middle East as Russian supply declines further
January 10, 2025 02:30 AM AEDT| By InvezzAs less oil is likely to be available from Russia due to Western sanctions, Indian refiners have started to make up the shortfall by purchasing more Middle Eastern and African crude grades. “India already imported more Middle Eastern barrels in Decem...