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Sinopec’s profit rises as upstream starch offsets refining problems


Sinopec’s profit rises as upstream starch offsets refining problems

(Bloomberg) — Sinopec, China’s largest oil refiner, reported a slight increase in first-half profit as better performance at its upstream operations offset weakness in refining and petrochemicals. Net profit for the first six months was 35.7 billion yuan ($5 billion), up 1.7 percent from a year earlier, according to a stock exchange statement on Sunday. […]

Gas prices are low and falling


Gas prices are low and falling

People fill up their vehicle’s gas tank while looking at the pump at a gas station in Glenview, Illinois. … (+) Wednesday, July 10, 2024. (AP Photo/Nam Y. Huh) Copyright 2024 The Associated Press. All rights reserved. If you follow social media, you see the debates and complaints about gas prices. Interestingly, I also often […]

Germany criticized for financing Russia’s war against Ukraine | World | News


Germany criticized for financing Russia’s war against Ukraine | World | News

Ukrainians in Germany have expressed their dismay that their EU country remained quietly dependent on Russian gas for years, despite stopping direct imports. At the end of June, the EU finally banned its terminals from reselling Russian liquefied natural gas (LNG) and stopped financing two new projects supported by the Kremlin. The sanctions are likely […]

Gasoline prices down in the region and across the US | Local news


Gasoline prices down in the region and across the US | Local news

According to AAA, the average price for a gallon of regular unleaded gasoline in the Killeen-Fort Cavazos area has decreased compared to the previous week. The average price in the region was $2.91 on Saturday, which is five cents less than last week and 45 cents less than the same period last year, according to […]

Senegal sets up commission to review oil and gas contracts, possible revisions


Senegal sets up commission to review oil and gas contracts, possible revisions

(Bloomberg) — Senegal’s government has set up a commission to review natural resource contracts awarded to foreign investors and determine whether they comply with the West African country’s laws, Prime Minister Ousmane Sonko said. The committee, which includes oil, mining and tax experts, will examine the contracts and decide whether they need to […]

Senegal sets up commission to review oil and gas contracts, possible revisions


Senegal sets up commission to review oil and gas contracts, possible revisions

(Bloomberg) — Senegal’s government has set up a commission to review natural resource contracts awarded to foreign investors and determine whether they comply with the West African country’s laws, Prime Minister Ousmane Sonko said. The committee, which includes oil, mining and tax experts, will examine the contracts and decide whether they need to […]

Senegal sets up commission to review oil and gas contracts, possible revisions


Senegal sets up commission to review oil and gas contracts, possible revisions

(Bloomberg) — Senegal’s government has set up a commission to review natural resource contracts awarded to foreign investors and determine whether they comply with the West African country’s laws, Prime Minister Ousmane Sonko said. The committee, which includes oil, mining and tax experts, will examine the contracts and decide whether they need to […]

Salyersville City Council questions county gasoline prices


Salyersville City Council questions county gasoline prices

SALYERSVILLE, Ky. (WYMT) – Gasoline prices in Magoffin County have been the subject of much discussion in the Salyersville area. With gas prices nearly 20 cents higher per day than surrounding counties, Councilman Paul Montgomery said he would like to know how the county with the highest unemployment rate in the state also has the […]

Decline in oil and gas drilling activities in the USA


Decline in oil and gas drilling activities in the USA

By Julianne Geiger – August 23, 2024, 12:13 PM CDT The total number of active oil and gas rigs in the United States fell again this week, according to new data released by Baker Hughes on Friday. The total number of rigs fell by 1 to 585 this week, compared to 632 rigs in the […]

Saturn Oil & Gas Inc. Announces Normal Course Issuer Bid


Saturn Oil & Gas Inc. Announces Normal Course Issuer Bid

August 23, 2024, 8:30 a.m. EDT | Source: Saturn Oil & Gas Inc. Calgary, Alberta–(Newsfile Corp. – August 23, 2024) – Saturn Oil & Gas Inc. (TSX: SOIL) (FSE: SMKA) (OTCQX: OILSF) (“Saturn” or the “Pursue“) is pleased to announce that Saturn has received approval from the Toronto Stock Exchange (“TSX“) regarding its intention […]