Tag: oil prices

March 3, 2023

Many wind turbine owners/operators now reap the benefits of data analytics and condition monitoring across their fleets. The rate of technological change means that these methods deliver a deeper understanding of their wind assets than ever before. However, there remains […]

February 14, 2022

Oil prices have rocketed above $90 per barrel, and, with “big oil” companies like ExxonMobil, Chevron and BP reporting huge profits, no one should be surprised that the banking world is eager to provide financing for the sector again. Indeed, […]

April 16, 2021

Over the past 60 years, U.S. oil production has seen its ups and downs. From the decline that began in 1970 through the fracking boom of the 2000s, U.S. presidents have overseen a wide range of oil production changes. As […]

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 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 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 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 16, 2020

The EU is on track to achieve between 22.8% to 23.1% renewables in gross final energy consumption in 2020 as the continent experiences a “clear paradigm shift” towards solar and wind. That’s according to the European Commission (EC), which this […]

October 16, 2020

The European Commission has unveiled its Renovation Wave strategy, and published its annual State of the Energy Union, accompanied by a series of documents, including the annual Renewable Energy Progress Report, the Report on Energy Prices and Costs in Europe, […]

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 […]

September 29, 2020

As the presidential election approaches, I am increasingly seeing claims that President Trump put the U.S. back on top as the world’s leading oil producer. So, let’s take a closer look. Here is a 2013 article from the Daily Mail […]

September 4, 2020

Who says it’s all doom and gloom in the oilfield services sector? Sure, U.S. drilling and fracking activity remain near all-time lows, and the sector is drowning in red ink after a brutal second quarter, but as Baron Rothschild once […]

September 2, 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 […]

August 18, 2020

After the oil industry’s worst quarter in history, companies are taking a variety of approaches towards their finances, and getting a variety of advice and criticism from the pundits and media. Saudi Aramco’s decision to maintain its dividend has been […]

August 12, 2020

The coronavirus pandemic has exposed some hard truths to the world’s largest oil and gas majors, energy analysts have told CNBC, with many reeling after historic second-quarter losses laid bare the financial frailty of the industry. “Big Oil” companies, referring […]