Oil climbs as Saudi Arabia warns of OPEC output cuts

Investor Edward Vranic shares why he believes Valeura Energy Inc. is in a unique position and why he thinks investors should take an interest in this energy company. As a small-cap investor, I have been exposed

It’s still early to tell, but Wednesday’s 5% rebound in natural gas futures on the New York Mercantile Exchange’s Henry Hub threw a lifeline to those long the market. Natural gas managed to finish 2022 up by 22%

When charting our energy future, it’s critical to consider how past successes can be replicated to help us meet our energy, security, climate, and reliability goals. Natural gas must be part of a low-carbon energy future,

Oil prices have risen after major producers agreed to continue to cut output and the G7 and its allies said they will cap the price of Russian oil. Brent crude rose by about 0.6% to above

Canada-based oil and gas company Valeura Energy has inked a deal for a floating, storage and offloading (FSO) vessel, which will be deployed on its oil field project in the Gulf of Thailand. Thanks to this,

Calgary-based operator Valeura Energy has secured a much-needed supplier of a floating storage and offshore (FSO) vessel for its Wassana oilfield redevelopment in the Gulf of Thailand. Valeura has been in negotiations with FSO suppliers for

Oil prices have risen after a tanker owned by an Israeli billionaire was hit by a drone carrying a bomb off the coast of Oman. The attack on Pacific Zircon, which is owned by Idan Ofer and

Valeura Energy, an oil and gas company with assets offshore in the Gulf of Thailand and the Thrace Basin of Turkey, has agreed with Petrovietnam Drilling and Well Service Corporation to charter the PV Drilling I

Canada-based oil and gas company Valeura Energy has agreed with Petrovietnam Drilling and Well Service Corporation to charter a jack-up drilling rig to support its Gulf of Thailand operations in 2023. Following a sale and purchase

Valeura Energy Inc., Calgary, has let a contract to Petrovietnam Drilling and Well Service Corp. to charter the PV Drilling I jack up drilling rig to support its Gulf of Thailand operations in 2023. The rig

Valeura Energy is chartering Petrovietnam Drilling and Well Service Corp.’s PV Drilling I jackup for operations in the Gulf of Thailand. The rig should mobilize to the Wassana oil field in the middle of second-quarter 2023 to start

Oil prices rose more than 1 per cent on Tuesday, after plunging to nine-month lows a day earlier, amid indications that producer alliance OPEC+ may enact output cuts to avoid a further collapse in prices. Brent

Oil prices rose in volatile trade on Tuesday as worries about tight fuel supplies ahead of winter offset investor concerns about lower demand in China, the world’s biggest crude importer, and further increases in U.S. and

Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $2.01 to trade at $95.03, while the price of the Light crude oil at the

Oil prices climbed on Friday on expectations that OPEC+ will discuss output cuts at a meeting on Sept. 5, though concern over China’s COVID-19 curbs and weak global growth continued to limit gains. Brent crude futures