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Oil and Gas News

Positive performance of economic activities in the Eurozone helps to recover oil prices from the lowest levels in two months
May 23, 2024 ( Newswire) Oil prices rise slightly today by 0.4% and 0.26% for each of the West Texas Intermediate Camp (WTI) and Brent, after the successive losses that brought them to the closure at the lowest levels in more than two months.

Oil tries to recover from the May bottom with more positive numbers for the Chinese economy
May 17, 2024 ( Newswire) Crude oil is rising this morning by approximately 0.3% for both major benchmarks, Brent and West Texas Intermediate (WTI).

The future of oil prices: Is it the calm before the storm?
May 17, 2024 ( Newswire) Crude oil prices (WTI) rebounded from their lowest level in eight weeks recently, starting Friday's trading at $79.30, driven by a surge in risk appetite in the market following a decrease in inflation in the US Consumer Price Index (CPI).

Energy Stocks in Play - Trans Canada Gold Corp. (TSXV: TTG.V), Gains on News of appointing Christian Timmins to the company's board of directors
May 15, 2024 ( Newswire), a go-to platform for big investing ideas, reports on trading and news for Trans Canada Gold Corp. (TSXV:TTG.V), a discovery focused Oil and Gas Resource Development and Mineral Exploration Company that is currently focused on developing its' production of conventional heavy oil exploration opportunities, increasing production capabilities and increasing potential future oil production revenues.

Oil declines today as uncertainty over the path of interest rates worsen and a lackluster OPEC report
May 14, 2024 ( Newswire) Crude oil returns to decline today across both major benchmarks, Brent and WTI, by approximately 0.3%, after yesterday's gains.

Breaking Energy Stock News: Enterprise Group (TSX: E) (OTCQB: ETOLF) Announces Results for First Quarter 2024
St. Albert, Alberta - May 9, 2024 (Newsfile Corp.) ( Newswire) Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF), a consolidator of energy services (including specialized equipment rental to the energy/resource sector), emphasizing technologies that mitigate, reduce, or eliminate CO2 and Greenhouse Gas emissions for small to Tier One resource clients, is pleased to announce its Q1 2024 results.

Oil declines sharply today with downplaying the risks of the geopolitical landscape and weak demand
May 8, 2024 ( Newswire) Crude oil continues its steep declines today across both major benchmarks, Brent and WTI

Cautious anticipation in the Middle East, a growth in China's services sector, and rising Eurozone sentiment lead oil's gains today
May 6, 2024 ( Newswire) Both major crude oil benchmarks, Brent and West Texas Intermediate, witnessed gains of 1% at approximately 9:30 AM GMT

Oil to cut its losses this week with calm in the Middle East and anticipation of more US data
May 3, 2024 ( Newswire) Crude oil prices are slightly higher today by more than 0.2% for both major benchmarks, Brent and WTI.

Oil price forecasts after the easing of market concerns
April 26, 2024 ( Newswire) Crude oil prices stabilized today, Friday, trading near $83.50, as traders absorbed the U.S. crude oil inventory figures

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Oil and Gas News from Newsfile

Zedcor Inc. Announces Election of Directors and Stock Option Grant
Calgary, Alberta--(Newsfile Corp. - May 24, 2024) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") announces the following individuals were elected directors at the annual meeting of shareholders of the Company, held on May 23, 2024:Wade Felesky Brian McGill Dean Swanberg Dean Shillington Todd ZiniukThe Company also announces today that options to purchase 2,150,000 common shares of the Company were granted to the non-management directors, Wade Felesky, Brian McGill, Dean Swanberg and Dean...

Energy Plug Announces Closing of Warrant Exercise Incentive Program
Vancouver, British Columbia--(Newsfile Corp. - May 24, 2024) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) ("Energy Plug" or the "Company"), is pleased to announce the closing of its early warrant exercise program (the "Program"), as previously announced by the Company in its news release dated May 7, 2024 (the "Initial News Release"), with respect to 15,900,000 share purchase warrants issued pursuant to the Company's private placement completed on May 16, 2023 (the...

Eguana Provides a Second Bi-Weekly Update on the Filing of its Annual Financial Statements
Calgary, Alberta--(Newsfile Corp. - May 24, 2024) - Eguana Technologies Inc. (TSXV: EGT) (OTCQB: EGTYF) ("Eguana" or the "Company"), a leading developer and manufacturer of high-performance energy storage systems, provides a second bi-weekly update to its news release dated April 26, 2024 (the "Default Announcement"), in respect of the Company's delay in filing its annual financial statements, for the year ended December 31, 2023 (the "Financial Statements"), the management discussion and...

Petrox Announces Proposed Acquisition of SSGE Bio-energy Company Limited
Calgary, Alberta--(Newsfile Corp. - May 24, 2024) - Petrox Resources Corp. (TSXV: PTC) ("Petrox" or the "Corporation") announces that it has entered into a non-binding letter of intent dated May 24, 2024 to complete a transaction (the "Proposed Transaction") whereby it will acquire all of the shares of SSGE Bio-energy Company Limited ("SSGE").SSGE Bio-energy Company Limited ("SSGE"), a holding company located in Hong Kong Special Administrative Region ("HKSAR") who, through its wholly-owned...

Hertz Energy Enters Definitive Agreement to Acquire Mineral Claim in Nunavut
Vancouver, British Columbia--(Newsfile Corp. - May 24, 2024) - Hertz Energy Inc. (CSE: HZ) (OTCQB: HZLIF) (FSE: QE2) (the "Company") pleased to announce that it has entered into a sale agreement dated May 8, 2024 (the "Definitive Agreement") with Mike Magrum, P.Eng. (the "Vendor" or "Mr. Magrum") pursuant to which the Company has agreed to acquire 100% interest in mineral claim 102722 located in Nunavut, Canada (the "Mineral Claim").The Mineral Claim is at the core of the Cominco Uranium...

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