Key Takeaways SHEL awarded Subsea7 a subsea transport and installation contract for the Aphrodite gas field. The project ties back to Shell's Barracuda network and supports global LNG exports via Dolphin A. Subsea7 begins engineering in Houston with offshore ops set for 2027 and a peak output of 18,400 BOE/D. Shell plc (SHEL) , a London-based integrated oil and gas company, has officially awarded a subsea transportation and installation contract to Subsea 7 S.A. (SUBCY) , a Luxembourg-based oil and gas eq ...

NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Civitas Resources, Inc. (NYSE: CIVI) and certain of the Company's senior executives for potential violations of the federal securities laws. If you invested in Civitas you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/civitas-resources-inc. Investors have until July 1, 2025, to ask the Court to be appointe ...

HOUSTON, June 10, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that its Board of Directors (the “Board”) appointed Mr. John D. Buchanan as Presiding Director for 2025. He has served in that role since the 2024 Annual General Meeting and will continue as Presiding Director this year. Mr. Buchanan joined the Board in April 2024 and has more than 30 years of experience as a seasoned oil and gas, commercial and banking attorney, in addition to his prior servic ...

原油日报 | 2025-06-10 中国原油主动补库存或难以持续 市场要闻与重要数据 1、纽约商品交易所7月交货的轻质原油期货价格上涨71美分，收于每桶65.29美元，涨幅为1.10%；8月交货的伦敦 布伦特原油期货价格上涨56美分，收于每桶67.04美元，涨幅为0.86%。SC原油主力合约收涨1.16%，报479元/桶。 2、伊朗外交部发言人巴加埃9日在首都德黑兰举行的新闻发布会上表示，美国有关伊核协议的方案并非此前谈判 的成果，是"不可接受的"，伊朗将通过阿曼向美国转交伊方方案。下一轮与美国的核谈判预计将于周日在阿曼举 行。（来源：Bloomberg） 3、伊拉克将7月售往欧洲的巴士拉中质原油官方售价定为较布伦特原油贴水1.30美元/桶；将7月售往北美和南美的 巴士拉中质原油官方售价定为较阿格斯含硫原油贴水1.05美元/桶；将7月销往亚洲的巴士拉中质原油官方售价较阿 曼/迪拜原油均价升水0.30美元/桶。（来源：Bloomberg） 4、截至2025年6月6日当周，芝加哥期货交易所（CBOT）豆油期货反弹，基准期约收高1.3%，从周初触及的一个 半月低点反弹，主要因为中美贸易紧张关系缓和，国际原油期货走强 ...

6月10日，国内期市原油系板块全线飘红，原油主力涨近2%。具体来看，截止目前，原油主力上涨 1.69%，报481.80元/桶；燃料油主力上涨1.33%，报2980.00元/吨；低硫燃料油主力上涨1.02%，报 3573.00元/吨；液化石油气主力上涨0.58%，报4129.00元/吨。 低硫燃料油仓库期货仓单1000吨，环比上个交易日持平； 截止北京时间6月9日，据基差数据显示：燃料油、沥青、液化石油气、低硫燃料油品种合约出现'期现 倒挂'(现货价格高于期货价格)现象。 商品名称 现货价格 合约 期货价格 基差 基差率 燃料油 5275 2509 2881 2394 45.38% 石油沥青 3630 2509 3511 119 3.28% 液化石油气 4782.5 2507 4105 677 14.16% 低硫燃料油 3597 2508 3514 83 2.31% 中质含硫原油期货仓单4029000桶，环比上个交易日持平； 燃料油期货仓单28950吨，环比上个交易日持平； 石油沥青厂库期货仓单36350吨，环比上个交易日持平； 液化石油气期货仓单9340手，环比上个交易日持平； 6月10日原油系期货价格行情 ...

Company Performance - Enbridge (ENB) closed at $45.82, reflecting a -1.5% change from the previous day, underperforming the S&P 500 which gained 0.09% [1] - The stock has increased by 0.91% over the past month, lagging behind the Oils-Energy sector's gain of 5.47% and the S&P 500's gain of 7.21% [1] Earnings Forecast - Enbridge is expected to report an EPS of $0.42, indicating no change from the same quarter last year, with revenue forecasted at $8.97 billion, representing an 8.3% increase year-over-year [2] - For the full year, earnings are projected at $2.12 per share and revenue at $37.6 billion, showing changes of +6% and -3.54% respectively from the previous year [3] Analyst Estimates and Valuation - Recent analyst estimate revisions suggest a positive outlook for Enbridge, with a downward shift of 0.76% in the Zacks Consensus EPS estimate over the past month [5] - Enbridge currently holds a Zacks Rank of 3 (Hold) and has a Forward P/E ratio of 21.91, which is higher than the industry average of 17.03 [5] - The company has a PEG ratio of 4.38, compared to the industry average PEG ratio of 2.57 [6] Industry Context - The Oil and Gas - Production and Pipelines industry, part of the Oils-Energy sector, ranks 148 in the Zacks Industry Rank, placing it in the bottom 40% of over 250 industries [7] - Research indicates that industries in the top 50% of the Zacks Rank outperform those in the bottom half by a factor of 2 to 1 [7]

Kinder Morgan (KMI) closed the latest trading day at $27.53, indicating a -2.17% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 0.09%.Shares of the oil and natural gas pipeline and storage company witnessed a gain of 3.04% over the previous month, trailing the performance of the Oils-Energy sector with its gain of 5.47% and the S&P 500's gain of 7.21%.The investment community will be closely monitoring the performance of Kinder Morgan in its forthcoming ...

NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Civitas Resources, Inc. (NYSE: CIVI). Shareholders who purchased shares of CIVI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/civitas-resources-loss-submission-form/?id=151936&from=3 CLASS PERIOD: Febru ...

Key Takeaways Occidental plans to drill up to 565 Permian wells in 2025, with the region supplying 55% of total output. OXY projects a 15% cut in drilling time and 11% lower well costs thanks to technology upgrades. OXY controls 2.9 million acres in the Permian, which includes conventional and unconventional zones.Occidental Petroleum Corporation (OXY) is among the largest operators in the Permian Basin, a major hub for U.S. oil and gas production. The company has strengthened its footprint in the region ...

– Acquisition will increase production and reserves significantly – – Agreements signed to acquire 95% interest in El Tordillo, La Tapera and Puesto Quiroga hydrocarbon exploitation concessions – CALGARY, Alberta, June 09, 2025 (GLOBE NEWSWIRE) -- Crown Point Energy Inc. (TSX-V: CWV) ("Crown Point" or the "Company") is pleased to announce that its wholly-owned subsidiary, Crown Point Energia S.A., has entered into agreements (the "Acquisition Agreements") with Tecpetrol S.A. ("Tecpetrol") dated June 4, 2025 ...