Tag: oil

March 15, 2021

A big-time fossil fuels player is jumping into the energy transition in a bolder, more focused way. Kinder Morgan Inc. has formed a new Energy Transition Ventures group to identify and pursue commercial opportunities within the low-carbon sector. The company […]

January 27, 2021

Utility-scale renewable energy developer Intersect Power, LLC announced that it secured $127 million in equity funding from Climate Adaptive Infrastructure, LLC and Trilantic North America In addition, the company said it has also closed on a $482 million debt facility […]

December 18, 2020

This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards. Furthermore, they allow you to uncover other insights as well. These interactive presentations […]

December 4, 2020

Parkland Corporation, through its wholly owned U.S. subsidiaries Parkland USA, has entered into a series of transactions to acquire the retail and commercial fuel assets of Story Distributing Company, and Carter Oil Company. The acquisitions will expand Parkland’s presence in […]

November 30, 2020

Penny stocks are often seen as opportunities for huge returns. However, this happens on rare occasions with the rest of the time investors losing money. There could be an opportunity in small oil companies now given the recent events and […]

November 20, 2020

The global peak in oil consumption may already be past us, according to a new report from Carbon Tracker — and the rapid transition to low-carbon transport in China and India is the reason why. The report released Friday underscores […]

November 12, 2020

Refuel Operating Company will acquire Holmes Oil, a North Carolina-based convenience store and fuel distribution business. Refuel is a South Carolina-based retail and wholesale fuel distribution and convenience store business and portfolio company of First Reserve. Holmes Oil owns and […]

November 10, 2020

EG Group has entered into a binding agreement for the acquisition of Schrader Oil in the United States of America. Schrader currently operates 18 convenience retail stores and fuel stations in Northern Colorado and employs 150 people. EG Group already […]

November 6, 2020

According to the new market research report “Oil & Gas Pumps Market by Type (Submersible, Non-submersible) Pump Type (Centrifugal, Positive Displacement (Screw, Reciprocating, Rotary and Gear, Progressive Cavity), Cryogenic), Application (Upstream, Midstream, Downstream), Region – Global Forecast to 2025”, published […]

November 4, 2020

Majors Management, a rapidly growing leader in the U.S. convenience store industry, has acquired 14 convenience stores and numerous dealer supply accounts from Regal Oil. The Regal portfolio increases Majors’ existing presence in Texas and expands the company’s footprint throughout […]

November 3, 2020

The oil and gas market has experienced one of the most volatile campaigns in recent history. This was triggered by the coronavirus pandemic, which affected intermediate demand. WTI Crude Oil prices plunged sharply in April before rising to top the […]

October 23, 2020

At a time when deal activity in the energy and natural resources sector has slowed dramatically—down 26.2% globally year-on-year—one development in particular may define the industry’s near-term future. In mid-May 2020, French oil major Total opted not to pursue a […]

October 21, 2020

57 CEOs and associations representing the European gas sector sent a letter on 19 October calling on the EU institutions to ensure that EU financial mechanisms recognize gas as an indispensable part of the energy transition towards a carbon neutral […]

October 15, 2020

Golden Oil Co., a company offering wholesale distribution of petroleum and petroleum products, will open a two-story Amoco fuel station and convenience store in East Somers, Wisconsin. The new location is scheduled to open in March 2021 and will also […]

October 14, 2020

The IEA’s latest World Energy Outlook has been released and at a ‘mere’ 464 pages, did not crash the internet. (When I was a boy, we would say its release meant the death of many trees for the printing.) As […]