(CNBC) “A group of some of the world’s most powerful oil producers is highly likely to take further measures to stem a price decline and try to balance the market, according to Goldman Sachs. OPEC and non-OPEC producers, an influential energy alliance known as OPEC+, will...
The very boom that bolstered the US's energy independence is now making its gas-price problem much, much worse. For much of the past decade, fracking gave the US energy sector a massive tailwind. In the so-called shale revolution, fields in New Mexico, North Dakota, and Texas...
Goldman Sachs this week raised its price target for Brent crude to $140 per barrel from $125 per barrel, citing unresolved structural shortages. Per a ZeroHedge report, the investment bank's commodity head of energy research, Damien Courvalin, noted the brief period of balance in oil earlier...
GOLDEN, Colorado, May 31, 2022 (GLOBE NEWSWIRE) – Alpha Energy, Inc. (OTC.PK - APHE) ("Alpha") announced today it has entered into a Purchase and Sale Agreement to acquire 28 oil and gas wells and other assets in the Mercury Project in Seminole County, Oklahoma. Mercury Project On...
OVERNIGHT ENERGY & ENVIRONMENT BY RACHEL FRAZIN AND ZACK BUDRYK The Biden administration is allowing gasoline with a higher content of ethanol tobe sold this summer, and Sen. Joe Manchin (D-W.Va.) has floated a “rebranded”Keystone XL pipeline. Current regulations prevent the fuel from being sold between June andSeptember...
White House still opposes Keystone, but other options could include shipping more oilby rail or expanding pipeline capacity along existing routes By Timothy Puko in Washington and Vipal Monga Biden administration officials are seeking ways to boost oil imports from Canada, people familiar with the situation say,...
HOUSTON, March 15, 2022 (GLOBE NEWSWIRE) -- Alpha Energy, Inc. (OTC.PK - APHE) ("Alpha") announced today it has closed on a Purchase and Sale Agreement with Progressive Well Service, LLC (“Progressive”) to acquire 31 oil and gas assets in Oklahoma in the Coral Project. Coral Project On...
HOUSTON, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Alpha Energy, Inc. (OTC.PK - APHE) ("Alpha") announced today it has entered into a Purchase and Sale Agreement with Progressive Well Service, LLC (“Progressive”) to acquire 34 oil and gas assets in Oklahoma in the Coral Project. Coral Project The...
HOUSTON, Sept. 23, 2021 (GLOBE NEWSWIRE) -- Alpha Energy, Inc. (OTC.PK - APHE) ("Alpha") is pleased to announce that on September 10, 2021, its wholly owned subsidiary Alpha Energy Texas Operating LLC was granted Operator Status in the State of Oklahoma by the Oil and...