Closing Prices For Crude Oil, Gold And Other Commodities
Benchmark U.S. crude oil for June delivery rose 28 cents to $83.85 per barrel Friday. :
Benchmark U.S. crude oil for June delivery rose 28 cents to $83.85 per barrel Friday. Brent crude for June delivery rose 49 cents to $89.50 per barrel. Wholesale gasoline for May delivery was unchanged at $2.76 a gallon. May heating oil was unchanged at $2.55 a gallon. May natural gas fell 3 cents to $1.61 per 1,000 cubic feet. Gold for June delivery rose $4.70 to $2,347.20 per ounce.
Nv Energy Cuts Ribbon For $257M Battery Facility To Boost Solar Around Las Vegas | Energy | Business
NV Energy held a ribbon cutting ceremony for a $257 million battery facility that can stretch the use of solar power into the night and store energy for about 165,000 homes.
Diamondback Energy (fang): Oil Outlook Improving, But Stretched Valuation, Merger May Fail
In mid-2022, I published a bullish outlook on the oil and gas producer Diamondback Energy (NASDAQ:FANG) in "Diamondback Energy: Oil Producers To Benefit From Substantial Decline In Crude Reserve." At that time, I believed that crude oil prices would inevitably rebound due to the significant decline in total US storage levels and tepid production growth. Combined with rising exports to Europe, offsetting Russia, it seems likely that oil prices would not remain as low as they were then. Since that article was published, FANG has risen by around 73%, delivering a solid total return of about 80%.
The Fastest Energy Change In History Still Underway – Pv Magazine International
In 2023, solar photovoltaics and wind comprised about 80% of global net generation capacity additions. Four times as much new solar and wind electricity generation capacity was installed in 2023 as compared with all other electricity sources combined.
Consortium Of 3 Li Ka-shing Firms Acquires Phoenix Energy, Northern Ireland’s Largest Natural Gas Distribution Network, For Us$941 Million | South China Morning Post
A consortium of CK Infrastructure, CK Asset Holdings and Power Assets Holdings is acquiring the largest natural gas network company in Northern Ireland. The deal is expected to be completed by the end of April.
Sweden Gears Up For An Uncertain Future As It Invests In Infrastructure And Energy Grid | Fortune Europe
With its capital close to St. Petersburg, the Nordic region remains on edge. Sweden has strengthened its military and upgraded ports, roads, and railways.
The Oil And Gas Industry Might Be What’s Keeping Biden’s Economy Humming On Paper Despite ‘regulatory Assault’ | The Daily Caller
'Industry-killing domestic regulations':
Oil and gas production is stubbornly hanging on as a key source of economic growth amid a “regulatory assault” from the Biden administration that seeks to wean the U.S. off of fossil fuels, experts told the Daily Caller News Foundation. Real U.S. gross domestic product (GDP) grew 2.5% in 2023, with the states experiencing the most growth owing largely to their mining sectors, which include oil and gas extraction, according to data from the Bureau of Economic Analysis (BEA).
They're Trying To Stop Liquified Natural Gas Development And Exports
FOX Business host Larry Kudlow says if President Biden and his 'Green New Deal gang' are re-elected, the country could face 'massive electricity and other power shortages.'
Ithaca Energy To Join Forces With Italian Oil Major In £750M Deal | Daily Mail Online
The FTSE 250 North Sea producer has agreed to buy most of the upstream oil and gas assets owned by Eni UK for around £754m.
Ai Boom To Fuel Natural Gas Demand In Coming Years, Report Says - Cna
FILE PHOTO: A flare burns excess natural gas in the Permian Basin in Loving County, Texas, U.S. November 23, 2019. Picture taken November 23, 2019. REUTERS/Angus Mordant/File Photo A spike in power usage from artificial intelligence (AI) data centers could significantly boost natural gas demand in the second half of the decade, analysts at investment banker Tudor Pickering Holt & Co said in a report on Tuesday. As much as 8.5 billion cubic feet per day of natural gas could be required additionally to match the rise in demand, the report added.