RBC: Minerals, E&P Stocks Wooing Back Generalist Investors

Public mineral and royalty companies have performed well in the markets, and investors are taking notice. But experts say mineral and royalties stocks still have a long way to go to compete for generalist investor capital.

US Could Release More SPR Oil to Keep Gas Prices Low, Senior White House Adviser Says

White House senior adviser John Podesta stopped short of saying there would be a release from the Strategic Petroleum Reserve any time soon at an industry conference on April 16.

Core Scientific to Expand its Texas Bitcoin Mining Center

Core Scientific said its Denton, Texas, data center currently operates 125 megawatts of bitcoin mining with total contracted power of approximately 300 MW.

EQT Strengthens Appalachian Position in Swap with Equinor

EQT, the largest natural gas producer in the U.S., is taking greater control of the production chain with its latest move.

What's Affecting Oil Prices This Week? (April 15, 2024)

While concerns about the stability of oil supply are increasing, Stratas Advisors does not expect oil supply to be disrupted – unless there is further escalation in the Middle East.

Trillion Energy Begins SASB Revitalization Project

Trillion Energy reported 49 m of new gas pay will be perforated in four wells.

US NatGas Futures Hit Over 2-week Low on Lower Demand View

U.S. natural gas futures fell about 2% to a more than two-week low on April 15, weighed down by lower demand forecasts for this week than previously expected.
 

Canada’s First FLNG Project Gets Underway

Black & Veatch and Samsung Heavy Industries have been given notice to proceed with a floating LNG facility near Kitimat, British Columbia, Canada.

US Drillers Cut Oil, Gas Rigs for Fourth Week in a Row-Baker Hughes

The oil and gas rig count, an early indicator of future output, fell by three to 617 in the week to April 12, the lowest since November.

BKV CEO: Texas Grid Needs More Combined Cycle NatGas Plants

BKV CEO Chris Kalnin dives into the "core issue" of Texas' renewable grid and how the company is increasing production as the the largest producer in the Barnett Shale, in this Hart Energy Exclusive interview.