Royal Dutch Shell PLC (RDS/A) on Wednesday warned that the Texas winter storm is expected to have had a negative impact of$ 200 million on its first-quarter adjusted earnings. In addition, the FTSE 100 oil and gas major said it expects to report natural gas production of between 920,000 and 960,000 oil-equivalent barrels a day for the first quarter, combined with liquefied natural gas volumes of 7.8 million- 8.4 million metric tons. This compares with previous guidance of...
NEW YORK, March 3, 2021 On a gasoline-equivalent basis, the per-gallon cost of compressed natural gas in Europe ranges from $1.50 to $2.80. Compared to diesel and gasoline, this results in fuel cost savings of up to 75%. This is a key factor that will likely propel the global CNG and LPG vehicle market sales volume from 56.2 million units in 2019 to 102.3 million units by 2030, at a 5.9% CAGR b...
ST. LOUIS, Feb. 19, 2021 Ameren Missouri, a subsidiary of Ameren Corporation (AEE), filed an updated Smart Energy Plan and budget with the Missouri Public Service Commission today. "The Smart Energy Plan is preparing our region for the future while making energy more reliable for families and businesses today," said Marty Lyons, president of Ameren Missouri.
February 18, 2021- New Gold Inc. (NGD) provides its annual operational outlook for the New Afton Mine, which had been delayed due to the mud-rush incident that occurred on February 2, 2021. On February 2, 2021, a tragic mud-rush incident occurred at the New Afton Mine with a contract driller fatally injured.
SUGAR LAND, Texas, Feb. 8, 2021 Noble Holding Corporation plc announced today that on February 5, 2021 it successfully completed its financial restructuring and its debtor affiliates have emerged from Chapter 11 with a new parent company organized under the laws of the Cayman Islands named Noble Corporation.
Combined market up 8% to new record, driven by strong demand for hyperscale services The Americas sourcing market reached a record high in 2020 as the pandemic accelerated enterprise demand for hyperscale computing and other cloud-based services, according to the latest state-of-the-industry report from Information Services Group (III), a leading global technology research and advisory firm.
Liberty Oilfield Services (LBRT) on Thursday posted a smaller-than-expected loss and said it expects the hydraulic fracking market to be flat to slightly up this year, as demand starts to rise following a pandemic-induced slump in drilling activity.
Oil prices fell Friday, dragged lower by growing worries that the pandemic will spur greater restrictions on travel and economic activity. U.S. crude prices dropped 1.6% to $52.27 a barrel, ending lower for a second consecutive session. Oil has stayed in a tight trading range recently as investors weigh worries about crumbling consumption against large supply reductions.
Oil prices fell Friday, dragged lower by growing worries that the pandemic will spur greater restrictions on travel and economic activity. U.S. crude prices dropped around 1.4% to $52.38 a barrel, falling for the second consecutive session. Oil has stayed in a tight trading range recently as investors weigh worries about crumbling consumption against large supply reductions.
U.S. stock futures declined Friday, signaling a muted end to a strong week on Wall Street as investors awaited data on how the economy performed at the start of 2021.. Futures tied to the S&P 500 fell 0.6%, indicating the benchmark gauge may open lower after megacap technology companies pushed it to its fourth record close of the new year Thursday. Futures for the technology-focused Nasdaq-100 index lost 0.5% and contracts tied to the Dow Jones Industrial Average declined 0.8%.
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