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Oil and Gas News

The USD and Oil Were on a Tear, but the Dollar Fell Overboard
August 11, 2022 (Investorideas.com Newswire) The dollar fell following lower-than-expected US inflation data, to the advantage of black gold. What else is driving crude oil prices these days?

Energy Stock News: Suncor Energy (TSX: SU) Declares Dividend
Calgary, Alberta - August 5, 2022 (Newsfile Corp.) (Investorideas.com Newswire) Suncor (TSX: SU) (NYSE: SU) Energy's Board of Directors has approved a quarterly dividend of $0.47 per share on its common shares, payable September 26, 2022 to shareholders

Energy Co. Looks for Cash Producing Oil & Gas Assets in Africa
August 3, 2022 (Investorideas.com Newswire) Tenaz Energy Corp. reported it was unsuccessful in obtaining the number of votes needed from SDX Energy Plc.'s shareholders to acquire the company.

Big Oil Gaslight: Industry Buys Only 18% of Public Land For Gas Leases They Told Feds to Sell
WASHINGTON, D.C. - August 2, 2022 (Investorideas.com Newswire) Today, Accountable.US released a new report revealing the oil industry only purchased 18% of the oil leases that they petitioned the Bureau of Land Management to sell.

Oil and Gas Stock News: Alpine Summit Energy Partners (TSXV: ALPS.U) Announces August 2022 Dividend
Nashville, Tennessee and Vancouver, British Columbia - August 2, 2022 (Newsfile Corp.) (Investorideas.com Newswire) Alpine Summit Energy Partners, Inc. (TSXV: ALPS.U) (OTCQX: ASEPF) is pleased to announce that, in accordance with its current monthly dividend policy, the Board of Directors of the Company has declared a dividend of US$0.03 per subordinate voting share for the month of August 2022.

Energy Stock News: New Stratus Energy (TSXV: NSE) Announces Fourth Quarter and Year End 2022 Financial and Operating Results & 2022 Reserves
Calgary, Alberta - August 2, 2022 (Newsfile Corp.) (Investorideas.com Newswire) New Stratus Energy Inc. (TSXV: NSE) is pleased to announce its financial and operating results for the three months and year ended March 31, 2022

Big Oil Companies See 235% Increase In Profits Thanks to Months Of Sky-High Gas Prices
WASHINGTON, D.C. - July 29, 2022 (Investorideas.com Newswire) Today, Accountable.US released a striking new analysis showing that 8 of the largest oil companies in the country made a record-breaking $51 billion in profit in the second quarter of 2022.

Big Oil's Record Profits Wreak Havoc on Consumers, Economy
WASHINGTON, D.C. - July 29, 2022 (Investorideas.com Newswire) Fossil fuel behemoths Exxon and Chevron today announced record-breaking earnings in the second quarter of 2022.

Energy Stock News: CGX Energy (TSXV: OYL) and Frontera Energy (TSX: FEC) Announce Transaction for the Corentyne Block That Secures Funding for the Wei-1 Exploration Well
Toronto, Ontario - July 22, 2022 (Newsfile Corp.) (Investorideas.com Newswire) CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC), joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announces today that the companies have entered into an agreement to amend the Joint Operating Agreement originally signed between CGX and a subsidiary of Frontera on January 30, 2019

Crude Oil Hesitates After Briefly Dropping Below $90
July 21, 2022 (Investorideas.com Newswire) Crude oil futures fell after the bulls took over. What are the determinants of supply and demand that are driving crude oil prices this week?

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Oil and Gas News from Newsfile

Remote Monitoring & Control Solutions Provider Acorn Reports Q2 Results Reflecting Growth in Hardware Sales and Improved Gross Margin

Investor Call Today at 11am ET

Wilmington, Delaware--(Newsfile Corp. - August 12, 2022) - Acorn Energy, Inc. (OTCQB: ACFN), a provider of Internet of Things (IoT) remote monitoring and control solutions for stand-by power generators, gas pipelines, air compressors and other industrial equipment, announced results for its second quarter (Q2'22) ended June 30, 2022, driven by increased hardware revenue and continued improvement in gross margin. Acorn will host an investor call today at 11:00 a.m. ET to review its results and...

Greenbriar Celebrates 3,000 New Union Jobs Near Sage Ranch
Newport Beach, California--(Newsfile Corp. - August 12, 2022) - Greenbriar Capital Corp. (TSXV: GRB) (OTC Pink: GEBRF) ("Greenbriar") Greenbriar is extremely pleased to celebrate and welcome the USA's largest and California's first inland dry port located only a short 21 miles east of Sage Ranch (an 18 to 25 minute highway drive), after the Kern County Board of Supervisors OK'd its designation this Tuesday. Sage Ranch offers 995 new homes in the cleanest and...

Bengal Energy Announces Fiscal 2023 First Quarter Results
Calgary, Alberta--(Newsfile Corp. - August 11, 2022) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") today announces its financial and operating results for the first quarter of fiscal 2023 ended June 30, 2022. FIRST-QUARTER FISCAL 2023 HIGHLIGHTS: The following is an overview of the financial and operational results during the three-months ending June 30, 2022. All amounts are in Canadian funds unless otherwise noted: Financial Summary: Sales revenue - Crude oil...

TriSummit Utilities Inc. Announces $100 Million Medium-Term Note Offering
Calgary, Alberta--(Newsfile Corp. - August 11, 2022) - TriSummit Utilities Inc. ("TSU") announced that it has agreed to issue $100 million of senior unsecured medium-term notes (the "Offering"). The notes carry a coupon rate of 5.28% and mature on August 15, 2052.The Offering is expected to close on or about August 15, 2022. The net proceeds resulting from the Offering will be used (i) as to approximately $98 million, to repay amounts outstanding under TSU's...

Enterprise Group Announces Results for Second Quarter 2022
St. Albert, Alberta--(Newsfile Corp. - August 11, 2022) - Enterprise Group, Inc. (TSX: E) (the "Company" or "Enterprise"). Enterprise, 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 Q2 2022 results.Three months June 30, 2022Three monthsJune 30, 2021Six months June 30, 2022Six months June 30, 2021Revenue$5,297,685 $3,225,543 $12,927,103 $9,084,830 Gross...

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