Oil Extraction Archives - GroYourWealth.com

Shale Drillers Warn of Higher Costs as They Report Record Profits

Admin6 August 2022

Shale companies are reporting banner profits but are warning that inflation in the oil patch is leading them to increase their spending. A measure of Pioneer’s net income reached about...

Business

Europe Is Tested Anew, This Time by Energy, Inflation and Putin

Admin22 July 2022

This past week brought home the double-headed crisis testing the European Union’s resilience.Russia is trying to break its unity by curbing supplies of natural gas to the bloc. At the...

Business

Germany to Bail Out Utility Hit Hard by Russian Gas Shortfall

Admin22 July 2022

A Uniper gas-fired power plant in Gebersdorf, Germany. Photo: Nicolas Armer/Zuma Press Updated July 22, 2022 7:14 am ET Germany will take a 30% stake in Uniper UN01 -19.24% SE...

Business

Russia Resumes Nord Stream Natural-Gas Supply to Europe

Admin21 July 2022

BERLIN—Russian natural gas began flowing again at a reduced volume through a critical pipeline into Europe on Thursday, according to its operator, buying time for governments to decouple from the...

Business

Hilcorp, Exxon and Conoco Top Greenhouse Gas Emitters, Environmental Groups Say

Admin14 July 2022

Hilcorp Energy Co., Exxon Mobil Corp. , Conoco COP -4.15% Phillips and Occidental Petroleum Corp. OXY -3.33% are the U.S. oil-and-gas industry’s top emitters of planet-warming greenhouse gases, according to...

Business

Manufacturers Brace for Nord Stream Repairs, Fearing Pipeline Won’t Reopen

Admin10 July 2022

PARIS—European manufacturers are preparing for possible natural-gas rationing that would force them to shut production amid fears that Russia is about to cut off gas deliveries via its main artery...

Business

U.S. Trade Gap Narrowed in May as Imports of Goods Slowed

Admin7 July 2022

The U.S. trade deficit narrowed for the second consecutive month in May as imports were held down by lower goods spending by American households and exports jumped on energy shipments.The...

Business

Russia Takes Control of International LNG Project

Admin1 July 2022

Russia took control of the international consortium behind the giant Sakhalin-2 oil-and-natural-gas project, handing it to a new Russian entity that will effectively give the Kremlin say over which foreign...

Business

G-7 Bid to Cap Russian Oil Price Faces Hurdle of Global Enforcement

Admin28 June 2022

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to...

Business

U.S. Natural-Gas Exporter Completes First Deal With German Buyer

Admin21 June 2022

Venture Global LNG Inc. has struck the first binding deals by a U.S. natural-gas exporter to supply natural gas to a German company, as the European nation turns to America...