What’s Affecting Oil Prices This Week? (Aug. 19, 2024)
For the upcoming week, Stratas Advisors are expecting that oil prices will move sideways with the positive factors being offset by the negative factors.
SLB, Palo Alto Networks to Expand Cybersecurity Collaboration
The collaboration looks to strengthen cybersecurity across the energy sector, providing comprehensive security across various platforms.
Pitts: LNG Sector, Beware! Aramco is Coming
Loaded with cash, Saudi oil powerhouse Aramco has embarked on a net-zero quest.
Canadian Solar Plans to Issue $200MM in Notes to Investor PAG
The transaction by Asia Pacific investment firm PAG is expected to close in the fourth quarter of 2024, subject to closing conditions, Canadian Solar said in a news release.
NOVA Completes Acquisition of Solar Group UGE International
When the deal was announced in May, NOVA Infrastructure agreed to acquire approximately 70% of UGE International’s common shares.
Oil Producer APA Explores $1-Billion Sale of Permian Assets
(Reuters) – APA Corp is exploring the sale of oil and gas drilling properties spread across parts of the Permian basin of Texas and New Mexico, in a deal that could be valued at about $1 billion, people familiar with the matter told Reuters. APA, which owns the properties through its Apache subsidiary, is working …
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COMMENTARY: EU’s Theatre of the Ridiculous – Irina Slav
More From Irina Slav We humans are creatures of habit. Actually, all animals, I believe, are creatures of habit, only we have more of these because of those big brains of ours. Here on this Substack, for instance, we — and I mean the collective we, not the royal we, obviously — are in the …
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Occidental Announces Continued Progress on Debt Reduction and Divestiture Initiatives
Achieved $3 billion in principal debt reduction in the third quarter of 2024 Public offering of a portion of Occidental’s common units of Western Midstream Partners, LP, raised $700 million, bringing total 2024 year-to-date closed or announced divestments to approximately $1.7 billion Following close of the previously announced Delaware Basin Barilla Draw divestiture, which …
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Russia Complains to Germany over Nord Stream Sabotage Probe
(Reuters) – Russia has complained to Germany over its investigation into the 2022 explosions that ruptured the Nord Stream gas pipelines, the RIA state news agency reported on Monday, after a key suspect escaped arrest in Poland. German media reported last week that German prosecutors had identified a Ukrainian diving instructor as a suspect in the Nord …
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Woodside Gets Environmental Go-Ahead for Scarborough Project; Key Green Group Backs Down
Summary Shares up 1.3% VS fall in energy index Australia’s laws work in favour of fossil fuel interests – ACF Scarborough commissioning key growth catalyst – analysts (Reuters) – Woodside’s $12.5 billion Scarborough gas project in Western Australia has all primary environmental approvals in place, the firm said on Monday, after a green group agreed …
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