Tag: oil

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 […]

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 10, 2020

At a campaign event in Jupiter, Florida on Tuesday, President Donald Trump signed an executive order that didn’t garner a lot of media attention. The President ordered his Department of Interior (DOI) to extend the moratoria that currently exist on […]

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 17, 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. Visit ShaleProfile blog […]

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 […]

August 4, 2020

BP’s eagerness to sell its Alaskan business reflects a broader shift. According to The Economist, the oil industry faces a basic problem. If the price of Brent crude, the global benchmark, surpassed $100 a barrel, about 90% of the world’s […]

July 29, 2020

Oil prices rose on Wednesday after an industry report showed that crude inventories in the United States fell against expectations, giving the market a boost amid record increases of coronavirus infections in the U.S. and elsewhere. Brent crude futures were […]