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Oil and Gas News

New Fortress Energy Shares Power 18% Higher on Q2 Earnings
August 5, 2020 (Investorideas.com Newswire) Shares of New Fortress Energy established a new 52-week high after the company reported Q2/20 financial results that included a 27% increase in revenue compared to Q1/20.

A Different Way to Invest in Energy
August 5, 2020 (Investorideas.com Newswire) Independent financial analyst Matt Badiali profiles mCloud Corp., a company that has found a strong niche in the energy sector.

Is Oil Setting Up for a Waterfall Decline?
July 28, 2020 (Investorideas.com Newswire) Technical analyst Clive Maund charts oil and discusses what he sees lying ahead.

Longer-Term Outlook for Canadian Oil Sands Changes Little Despite "COVID-19 Shock" and Largest Annual Production Decline in 2020
CALGARY - July 28, 2020 (Investorideas.com Newswire) Canadian oil sands production is expected to decline by nearly 175,000 barrels per day (b/d) in 2020 as a result of COVID-19-the largest annual decline on record.

Noble Energy Agrees to $5 Billion Buyout Offer from Chevron
July 21, 2020 (Investorideas.com Newswire) Shares of Noble Energy traded higher after Chevron Corp. entered into a definitive agreement to acquire the company in an all-stock transaction valued at $5 billion, or $10.38 per share.

Breakdown - First Crack in the Crude Oil Dam
July 10, 2020 (Investorideas.com Newswire) In Oil Trading Alerts yesterday and on Wednesday, we described the reason due to which crude oil's long and boring consolidation is likely coming to an end.

Analyst: Nevada Produces Another 'Hidden Gem'
July 9, 2020 (Investorideas.com Newswire) Ron Struthers of the Struthers Resource Stock Report spotlights Golden Lake Exploration and its flagship, Jewel Ridge.

Saudi Arabia Eyes Total Dominance In Oil And Gas
July 2, 2020 (Investorideas.com Newswire) Saudi Arabia's Energy Minister Prince Abdulaziz claimed last week that the Kingdom will be the world's biggest hydrocarbon producer "even" in 2050.

Saudi Aramco CEO Amin H. Nasser Says the "Worst is Behind Us" in Oil Markets; Why He is "Optimistic" About the Second Half of 2020; His Thoughts on Becoming a Publicly Traded Company and Saudi Aramco's Long-Term Role in the Energy Transition
WASHINGTON, D.C. - June 30, 2020 (Investorideas.com Newswire) Saudi Aramco President and CEO Amin H. Nasser says that "the worst is behind us" in oil markets in the latest edition of CERAWeek Conversations.

With $5 Million in New Financing, This Small Cap Oil Company Sees Opportunity in the Midst of a Pandemic-Induced Major Oil Downturn
June 24, 2020 (Investorideas.com Newswire) Jericho Oil Corp.'s just-closed $5 million insider financing allows it to capitalize on the distress in the market right now.

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Oil and Gas News from Newsfile

Hemisphere Energy Provides Operations Update and Outlines Plans for 2020
Vancouver, British Columbia--(Newsfile Corp. - February 5, 2020) - Hemisphere Energy Corporation (TSXV: HME) ("Hemisphere" or the "Company") is pleased to provide an update on its Southern Alberta oil assets following a successful 2019. Through 2019, Hemisphere drilled 11 horizontal oil wells in its Upper Mannville G pool, which greatly expanded development in the Company's most prolific oil pool. The summer drilling program was completed on budget and on time with all wells...

Tethys Petroleum: Board Change
Grand Cayman, Cayman Islands--(Newsfile Corp. - February 5, 2020) - Tethys Petroleum Limited (TSXV: TPL.H) ("Tethys" or the "Company") today announces that Medgat Kumar has tendered his resignation from the Board of Directors of the Company (the "Board") which will take place with immediate effect. Mr. Kumar has informed the Company that he is optimistic for the long-term future of Tethys and that his resignation is tied to the recent sale of family owned shares...

Advantagewon Oil Corp., Sells Texas Assets Now Exclusively Focused on Canada
Toronto, Ontario--(Newsfile Corp. - February 4, 2020) - Advantagewon Oil Corp., (CSE: AOC), (OTC Pink: ANTGF), (the "Corporation", "Advantagewon", "AOC") announced today that the Corporation has sold all of its remaining US assets to Emerald Bay Energy Inc., (TSXV: EBY), ("EBY").In consideration for its holdings, the Corporation will receive from EBY a cash payment of Fifty Thousand Dollars ("$50,000.00") USD and the Corporation also received Thirty-Nine Million and Twenty-Seven Thousand ("39,027,000") Common Shares of EBY,...

New Zealand Energy Corp updates status of operation of Ahuroa Gas Storage
Wellington, New Zealand--(Newsfile Corp. - February 3, 2020) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") announced today that it had received 12 months notice of termination of the current Ahuroa Gas Storage Facility (AGSF) Operations Agreement. NZEC holds a 50% working interest (with New Dawn Energy Limited) in, and is operator of, the Waihapa Production Station and associated gathering and sales infrastructure (collectively the TWN Assets) which provide a range of...

Green Stream Holdings, Inc. Launches Ferry Street Solar Project in Newark, NJ; Board Approves Appointment of Mike Sheikh as CFO
Pacific Palisades, California--(Newsfile Corp. - February 3, 2020) - Green Stream Holdings Inc. (OTC PINK: GSFI) a Holding company with a focus in currently unmet markets in the solar energy space through innovative proprietary solar product offerings financed for customers via its public and private partnerships, announces today that it has signed an agreement to begin work on the Ferry Street community project in Newark, NJ in line with its agreement to install and...

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