Oil and gas stocks

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31 symbols

AP Finance
Shell's clean energy campaign is misleading, UK advertising watchdog says
A marketing campaign by oil major Shell has been banned by the U.K.'s advertising watchdog Wednesday for implying a big proportion of its business was in low carbon energy even though fossil fuels make up the “vast majority” of its operations. A television commercial, a YouTube video and a poster campaign in Bristol, England, variously described providing large numbers of British homes with 100% renewable energy, installing electric vehicle charging points and driving the energy transition. In its written ruling the Advertising Standards Authority found consumers would interpret the marketing materials as making a “broader claim about Shell as a whole providing cleaner energy.”
Simply Wall St.
Shareholders Would Enjoy A Repeat Of EOG Resources' (NYSE:EOG) Recent Growth In Returns
What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
Simply Wall St.
Investors in Valero Energy (NYSE:VLO) have seen decent returns of 77% over the past three years
While Valero Energy Corporation ( NYSE:VLO ) shareholders are probably generally happy, the stock hasn't had...
Insider Monkey
Top 16 Dividend Stocks To Buy According To Hedge Funds
In this article, we will discuss top 16 dividend stocks to buy according to hedge funds. You can skip our detailed analysis of dividend stocks and their performance, and go directly to read Top 5 Dividend Stocks To Buy According To Hedge Funds. Dividends can be a significant component of hedge funds’ overall investment strategy […]
Yahoo Finance UK
Time to buy Copper? Low price could offer investors opportunity
The price of copper continues to extend losses to November lows following weak economic data from China, which is normally the top metals consumer.
Business Wire
TotalEnergies Steps up Sustainable Aviation Fuel Production at Grandpuits
PARIS, June 07, 2023--Regulatory News: TotalEnergies SE (Paris:TTE) (LSE:TTE) (NYSE:TTE):
The Telegraph
Shell adverts featuring wind turbines and EV charging points banned for ‘greenwashing’
Shell has been banned from running “greenwashed” advertisements that overstated the amount of green energy the oil giant produced.
Investing.com
Safe haven dollar edges higher after weak Chinese trade data
The U.S. dollar edged higher in early European trade Wednesday, as traders sought out this safe haven after disappointing Chinese trade data hit sentiment. China's trade surplus sank to a 13-month low in May, according to data released earlier Wednesday, driven chiefly by a surprise drop in exports as foreign demand for Chinese goods dried up. Money markets are pricing in a roughly 19% chance that the U.S. central bank will raise rates by 25 basis points next week, compared to an over 60% chance a week ago, according to the CME FedWatch tool, after weak U.S. services activity data.
Financial Times
UK watchdog bans Shell, Repsol and Petronas greenwashing ads
Advertising Standards Authority finds oil and gas groups had misled public on climate benefits of their products
Zacks
Kinder Morgan (KMI) Outpaces Stock Market Gains: What You Should Know
Kinder Morgan (KMI) closed the most recent trading day at $16.85, moving +0.54% from the previous trading session.
- McDonald's (MCD) Stock Sinks As Market Gains: What You Should Know
  Zacks
- Nike (NKE) Outpaces Stock Market Gains: What You Should Know
  Zacks
Newsfile
Suncor Energy Announces Dave Oldreive as New Executive Vice President of Downstream
Calgary, Alberta--(Newsfile Corp. - June 6, 2023) - Suncor (TSX: SU) (NYSE: SU) today announced that Dave Oldreive will be joining Suncor as executive vice president, Downstream.Dave brings nearly 30 years of energy industry experience, including extensive experience in Canadian refining and a keen understanding of the Canadian market. He is known for delivering operational excellence and enhanced competitiveness as well as for transforming culture and leadership.Through his career with ExxonMob
Bloomberg
Oil’s Saudi-Driven Rally Erased by Persistent Demand Fears
(Bloomberg) -- Oil fell as persistent economic uncertainty weighs on the outlook for demand, erasing a short-lived surge that followed Saudi Arabia’s surprise pledge to cut more production.Most Read from BloombergGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfUkraine Dam Blast Blamed on Russia Tips War Into New PhaseRussia’s Dam-Busting Is Another War CrimeSEC’s Coinbase Lawsuit Heralds Deepening US Cryp
Reuters
UPDATE 1-US natgas edges up 1% on drop in daily output, low wind power
The price increase came despite lower gas flows to liquefied natural gas (LNG) plants due to maintenance, forecasts for milder weather and less demand over the next two weeks than previously expected and a drop in global gas prices. The amount of U.S. power generated by wind so far this week dropped to just 5% of the total versus a recent high of 12% during the week ended May 12, according to federal energy data. When power generators burn more gas to produce electricity to meet rising air conditioning use, there is less of the fuel available to go into storage for the peak winter heating season.
CNW Group
Enbridge Gas Announces New Capacity Open Season for M12 or M12 X Transportation Service
Enbridge Gas is holding an open season for M12 or M12X firm transportation service capacity of up to 96,000 GJ/d beginning on Nov. 1, 2027 for a minimum fifteen-year term along the following transportation paths:
GlobeNewswire
Transaction in Own Shares
Transaction in Own Shares June 06, 2023 • • • • • • • • • • • • • • • • Shell plc (the 'Company') announces that on 06 June 2023 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of PurchaseNumber of Shares purchasedHighest price paidLowest price paidVolume weighted average price paid per shareVenueCurrency06/06/20231,639,582£ 22.8050£ 22.2300£ 22.4661LSEGBP06/06/2023240,924£ 22.8000£ 22.2300£ 22.4871Chi-X (C
Barrons.com
Chevron, Exxon Stocks Mixed Amid Lower Oil Prices
STOCKSTOWATCHTODAY BLOG Oil prices slid on Tuesday, following news earlier this week that Saudi Arabia pledged to cut oil production by another one million barrels a day in July. The news gave the oil markets a boost on Monday, but prices have since ticked lower.
GlobeNewswire
Election to Equinor's board of directors
In a meeting on 6 June 2023 the corporate assembly of Equinor ASA (OSE:EQNR, NYSE:EQNR) re-elected all the shareholder-elected members of Equinor ASA’s board of directors. The corporate assembly re-elected Jon Erik Reinhardsen as chair and Anne Drinkwater as deputy chair of the board in addition to re-election of Rebekka Glasser Herlofsen, Jonathan Lewis, Finn Bjørn Ruyter, Tove Andersen and Haakon Bruun-Hanssen as shareholder-elected members of Equinor’s board of directors. The election of shar
Zacks
Eni SpA (E) Upgraded to Strong Buy: Here's Why
Eni SpA (E) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
- Walgreens (WBA) Upgraded to Buy: Here's What You Should Know
  Zacks
- All You Need to Know About Akerna Corp. (KERN) Rating Upgrade to Buy
  Zacks
Bloomberg
Chevron Says Natural Gas Is More Than Just a Transitional Fuel
(Bloomberg) -- Chevron Corp. said natural gas will play a long-term role in curbing climate-damaging emissions, bucking some environmental groups that see the fuel’s role as a temporary bridge to a low-carbon economy.Most Read from BloombergPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailUkraine Dam Blast Blamed on Russia Tips War Into New PhaseRussia’s Dam-Busting Is Another War CrimeSEC’s Coinbase Lawsu
Zacks
Cenovus (CVE) Resumes Wildfire-Impacted Production in Alberta
Cenovus (CVE) cites that about 20,000-Boe/d Rainbow Lake operations are expected to restart production in 7-10 days.
Zacks
Does Vaca Muerta Hold the Key to Argentina's Crude Boom?
Argentina's Vaca Muerta oil field is set to achieve an impressive 1 million barrels per day production by 2030, as projected by Rystad Energy.
FX Empire
GBP to USD Forecast – British Pound Gives Up Early Gain
The British pound initially tried to rally during the trading session on Tuesday, but the market turned around to show signs of hesitation.
Oilprice.com
Shell Pulls The Plug On European Retail Energy Arm
Shell has announced its intention to exit its retail energy businesses in Europe due to unsatisfactory returns, sparking interest from major power providers in acquiring these assets.
Yahoo Finance UK
Pound slips against dollar as UK takeover activity declines
The pound lost ground against the dollar on Tuesday, falling more than 0.2% to $1.24.
Zacks
Enbridge (ENB) Reduces Mainline Rates, Sparks Price War
Enbridge's (ENB) move to slash rates charged to producers for shipping crude fosters a price war on pipelines in Canada.