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Old U.S. Oil Refinery to Pursue New Green Life After Crude Crash   Jun 01, 2020
In a sign of changing times, a U.S. oil refining company is converting one of its plants into a producer of clean fuel. Bloomberg  

NGL Energy Partners EPS of -$1.89   Jun 01, 2020
NGL Energy Partners (NYSE:NGL): Q4 EPS of -$1.89 may not be comparable to consensus of $0.11.Revenue of $1.68B (-20.8% Y/Y) misses by $250M.Press Release Seeking Alpha  

Market Wrap: As Bitcoin Steadies, Oil’s Turmoil Continues   Jun 01, 2020
A budget hawk and founding member of the Freedom Caucus, she first bought bitcoin in 2013 after a tip from her son-in-law. She’s been an advocate ever since. A rancher with sandy blonde hair and a warm chuckle, YAHOO!  

Oil Rally Fizzles With OPEC+ Set to Discuss Extending Its Curbs   Jun 01, 2020
Oil’s record rally sputtered as investors assessed whether OPEC and its allies will extend the supply curbs that helped drive prices higher.Futures settled slightly lower in New York on Monday as the YAHOO!  

Targa Resources Corp. Elects New Board Member   Jun 01, 2020
Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today that it has elected Ms. Lindsey M. Cooksen to the Board effective June 1, 2020 and increased the size of its Board of Directors from eleven to twelve directors. Associated Press  

CenterPoint Energy and Energy Capital Partners Complete Sale of CenterPoint Energy Services Business   Jun 01, 2020
CenterPoint Energy, Inc. (NYSE: CNP) and Energy Capital Partners, LLC, (ECP), a private equity and credit investor specializing in energy infrastructure projects, today announced that they have closed on the sale of CenterPoint Energy Services, YAHOO!  

Israel Is Betting Big On Solar Power   Jun 01, 2020
Israel is betting big on solar with a $23 billion investment that will aim to boost the country’s solar generation from 5 percent to 30 percent of its electricity OilPrice  

EnLink Midstream to Participate in Investor Conference   Jun 01, 2020
EnLink Midstream, LLC (NYSE: ENLC) (EnLink) announced today that representatives of EnLink will attend and meet with investors at the upcoming J.P. Morgan 2020 Energy, Power & Renewables Conference from Tuesday, YAHOO!  

UPDATE 1-U.S. natural gas falls 4% as LNG exports drop on record low global prices   Jun 01, 2020
U.S. natural gas futures fell over 4% on Monday as liquefied natural gas (LNG) exports continued to drop with record low gas prices in Europe and Asia. The price decline came despite forecasts for warmer U. Reuters  

HollyFrontier to convert oil refinery into renewable diesel plant   Jun 01, 2020
HollyFrontier Corp said on Monday it will convert its 52,000 barrels per day oil refinery in Cheyenne, Wyoming into a renewable diesel plant to try to tap into growing demand for the alternative fuel. Reuters  

Oil Rally Fizzles With OPEC-Russia Accord Hanging in the Balance   Jun 01, 2020
(Bloomberg) -- The historic oil-supply curbs by OPEC, Russia and other nations that helped spur May’s record price rally are hanging in the balance as the cartel and its allies dicker over when to hold their next meeting. YAHOO!  

NGL Energy Partners LP to Host Earnings Call   Jun 01, 2020
NEW YORK, NY / ACCESSWIRE / June 1, 2020 / NGL Energy Partners LP (NYSE:NGL) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on June 1, 2020 at 6:00 PM Eastern YAHOO!  

The Big Tech Company Backing Canada's Oil Sands   Jun 01, 2020
Though Big Tech has played a key role in reducing global emissions, it still maintains a complicated relationship with the oil and gas industry OilPrice  

Golden Pass seeks to boost capacity at LNG export plant in Texas   Jun 01, 2020
Golden Pass LNG sought permission from U.S. federal energy regulators to boost the capacity of the company's $10 billion export terminal under construction in Texas to 18.1 million tonnes per annum (MTPA) from 15. Reuters  

Putin and Trump discussed G7 summit, oil markets in call, Kremlin says   Jun 01, 2020
U.S. President Donald Trump told President Vladimir Putin in a phone call on Monday about his idea of holding an expanded Group of Seven summit later this year with a possible invitation for Russia, the Kremlin and the White House said. YAHOO!  

Russia Is Quickly Becoming The Most Dominant Force In Energy   Jun 01, 2020
Russia is aggressively pursuing global energy dominance in the 21st century, looking to dominate oil, natural gas, nuclear power and even renewable energy OilPrice  

The Last 6 Oil Rigs In The Centennial State   Jun 01, 2020
Colorado has seen its rig count drop to the lowest level on record as the oil price crash has pushed all but six rigs offline OilPrice  

Oil Majors Face Another Impossible Decision   Jun 01, 2020
The recent oil price crash has left oil majors with a clear choice as markets recover, either expand to become broader energy firms or specialize within the oil and gas industry OilPrice  

Bid to halt Nevada oil drilling in sage grouse habitat   Jun 01, 2020
Conservationists say the Trump administration’s approval of exploratory drilling for oil in sage grouse habitat on federal land in eastern Nevada violates its own Associated Press  

Equinor: From Norway Comes An Opportunistic Long-Term Holding   Jun 01, 2020
Equinor has become the first oil major to cut its dividends. Overall, the company has made a number of prudent decisions to manage its expenses. The company has Seeking Alpha  

TC Energy provides conversion right and dividend rate notice for Series 3 and 4 preferred shares   Jun 01, 2020
News Release – TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy) announced today that it does not intend to exercise its right to redeem its Cumulative Redeemable First Preferred Shares, Series 3 (Series 3 Shares) and Cumulative Redeemable First Preferred Shares, Associated Press  

Athabasca Oil Corporation Announces Renewal of its Credit Facility   Jun 01, 2020
CALGARY, Alberta, June 01, 2020 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (ATH.TO) (“Athabasca” or the “Company”) announces that it has completed the annual review of its credit ... YAHOO!  

Oil rescues big banks' commodities profits as gold income tumbles   Jun 01, 2020
The world's 12 biggest investment banks cashed in on commodity price volatility caused by the coronavirus in the first quarter, with big increases in income from oil offsetting a tumble in precious metals, YAHOO!  

Suncor: Energy Transition Will Destroy Oil Demand   Jun 01, 2020
Low-carbon technologies could disrupt global oil demand in the not-too-distant future the way COVID-19 crushed demand during the lockdowns worldwide YAHOO!  

Big Oil’s Best Survival Strategy   Jun 01, 2020
The oil industry is facing a multi-front battle, and Big Oil will need to make some drastic changes if it hopes to survive YAHOO!  

Covid-19 Crisis Could Crush Brazil’s Oil Boom   Jun 01, 2020
The coronavirus is spreading like wildfire in Brazil, and the country’s oil industry could get dragged down with it. “Brazil has the worst COVID growth rate of any G20 country: the pandemic is totally out of control, YAHOO!  

Downside Risks Remain Despite Oil Price Rebound   Jun 01, 2020
Oil markets appear to be in recovery mode as prices of both WTI and Brent soaring well above the $30 mark, but traders should be cautious of several looming risks YAHOO!  

First Trust Energy Infrastructure Fund Declares its Monthly Common Share Distribution of $0.0625 Per Share for June   Jun 01, 2020
First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.0625 per share payable on June 15, 2020, YAHOO!  

Gulf Resources Announced First Quarter 2020 Results and Provided Business Update on Post Quarter Events   Jun 01, 2020
Gulf Resources, Inc. (NASDAQ:GURE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt, specialty chemical. YAHOO!  

Natural Gas Vehicles (NGVs) market worldwide is projected to grow by US$16.7 Million   Jun 01, 2020
Reportlinker.com announces the release of the report "Global Natural Gas Vehicles (NGVs) Industry" - Poised to reach over US$38.4 Million by the year 2025, Light Duty Vehicles will bring in healthy gains adding significant momentum to global growth. YAHOO!  

Oil Rises for Fifth Day After Report Shows Market Is Rebalancing   Jun 01, 2020
Oil rose for the fifth straight session as investors weighed signs the market is rebalancing against what’s still a precarious economic outlook.Futures in New York for July delivery rose 4.8% Wednesday. YAHOO!  

Should You Play the Oil Rebound with ETFs?   Jun 01, 2020
Oil prices have rebounded over the past three weeks as economies start slowly reopening for business, boosting demand for crude. Recent gains have come after a historic crash when oil prices for future delivery turned negative for the first time ever on April 20. YAHOO!  

Stocks Rally Amid Reopening Optimism; Oil Climbs: Markets Wrap   Jun 01, 2020
(Bloomberg) -- Stocks climbed to more than 10-week highs as investors focused on signs the American economy will continue to reopen and U.S. central bankers acknowledged the severity of the coronavirus pandemic when they met last month. YAHOO!  

Torchlight Energy Resources, Inc. Announces Closing of Underwritten Public Offering of Common Stock   Jun 01, 2020
PLANO, TX / ACCESSWIRE / May 20, 2020 / Torchlight Energy Resources, Inc. (TRCH), an energy company engaged in the acquisition, exploration, exploitation and/or development of oil and natural gas properties in the United States, YAHOO!  

Unlike China, India Oil Demand Stays Weak as Economy Falters   Jun 01, 2020
It’s going to take months for oil demand in the world’s third-biggest market to get back to pre-virus levels as India faces its deepest recession ever in the wake of its near two-month lockdown.Once the engine of global oil demand growth, YAHOO!  

How To Trade The ‘Dogs Of The Dow’   Jun 01, 2020
The six Dogs of the Dow for 2020 had an aggregate decline of 10.8% year-to-date at the end of May. Here's how to trade them now. Forbes  

Three Reasons Oil Prices Are Bouncing Back   Jun 01, 2020
The price of oil has rebounded strongly from its April 20th record-lows, with some analysts predicting the worst may be over OilPrice  

Coal Earnings Set to Plunge 50% in North America, Moody’s says   Jun 01, 2020
Earnings for North American coal miners may plunge by more than half this year as the coronavirus pandemic makes a weak market even worse, according to Moody’s Investors Service. Bloomberg  

Energy Roundtable: Waiting Out The Oil Glut With Natural Gas (Video Transcript)   Jun 01, 2020
We continue our round of energy interviews by speaking with Power Hedge. He is also concerned that the oil glut could depress companies' prospects in the forese Seeking Alpha  

Occidental downgraded at Scotia on liquidity concerns   Jun 01, 2020
Occidental Petroleum (OXY +5.1%) is sharply higher even as Scotiabank downgrades shares while Pioneer Natural Resources (PXD -0.1%) is flat despite winning an upgrade from the same firm.Occidental is Seeking Alpha  

Putin and Trump Discuss OPEC+ Deal, Oil Market Recovery, Kremlin Says   Jun 01, 2020
Russia’s President Vladimir Putin and his U.S. counterpart Donald Trump discussed the OPEC+ deal, just days before the producers’ alliance meets to discuss the future of its output cuts.“It has been stated that the multilateral agreement reached with active support of U. YAHOO!  

Pembina Pipeline Corporation Provides Notice of Series 19 Preferred Share Conversion Right and Announces Reset Dividend Rates   Jun 01, 2020
CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it does not intend to exercise its right to redeem the currently outstanding Cumulative Redeemable Rate Reset Class A Preferred Shares, YAHOO!  

Putin and Trump discussed G7, oil markets in phone call: Kremlin   Jun 01, 2020
U.S. President Donald Trump informed his Russian counterpart Vladimir Putin of his idea to hold an expanded Group of Seven summit later this year in a telephone call on Monday, the Kremlin said. Reuters  

Coronavirus Roundtable - Oil's Final Phase (Video Transcript)   Jun 01, 2020
Is coronavirus really likely to be the final blow for oil before its decline? Kirk Spano discusses why he's bearish about the legacy energy sector at large, as Seeking Alpha  

Greece calls Turkey's oil-and-gas plan a 'provocation'   Jun 01, 2020
Greece said Monday that it is determined to oppose plans by Turkey to expand oil-and-gas exploration in the Mediterranean Sea, in a deepening regional dispute over mineral rights. “Greece stands ready to deal with this provocation should Turkey decide to implement this decision, YAHOO!  

Exclusive: China snaps up Russia's expensive Urals oil in thirst for sour barrels   Jun 01, 2020
China's refiners have purchased a quarter of Russia's Urals oil exports planned for June in the Baltic despite record high premiums for the grade due to a lack of sour barrels as result of the OPEC+ output cuts, Reuters  

Mexican Firm In Oil Swap With Venezuela Declares Bankruptcy   Jun 01, 2020
A Mexican firm that was instrumental in an oil-for-water swap scheme with the Venezuelan government has declared bankruptcy, saying Venezuela’s President Nicolas Maduro had terminated their deal OilPrice  

Suncor CEO sees electric vehicles disrupting oil demand as much as virus   Jun 01, 2020
The shift to electric vehicles and other low-carbon technologies could disrupt crude oil demand as much as the COVID-19 pandemic, Suncor Energy (SU +2.2%) CEO Mark Little says."The temporary econo Seeking Alpha  

Athabasca Oil credit facility reduced to C$42 million   Jun 01, 2020
Athabasca Oil Corp said on Monday its lenders have reduced the maximum amount the company can borrow against the value of its untapped oil and gas reserves. Reuters  

Saudi Arabia Could Set Trend For Higher Oil Prices In June   Jun 01, 2020
Saudi Arabia is likely to increase the price for its oil bound for Asia in July, a Reuters survey of five refinery sources showed on Monday OilPrice  

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