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Energy stocks lift S&P/TSX composite index while investors digest U.S. jobs data
Investment Executive· 2026-01-08 21:56
She said that the data provided somewhat of a relief that the U.S. labour market “is not really cracking to the extent that the market was expecting.”Figures from the U.S. Labor Department showed that filings for jobless benefits rose in the last week of 2025 but remain historically low, despite signs that the U.S. labour market is weakening.The number of Americans filing for jobless claims for the week ending Jan. 3 rose by 8,000 to 208,000, up from 200,000 the previous week. Applications for unemployment ...
Kimbell Royalty Partners Announces Date for Fourth Quarter 2025 Earnings Release and Conference Call
Prnewswire· 2026-01-08 21:30
FORT WORTH, Texas, Jan. 8, 2026 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell"), a leading owner of oil and natural gas mineral and royalty interests in more than 131,000 gross wells across 28 states, today announced that it will release its fourth quarter 2025 financial results on Thursday, February 26, 2026, before the market opens. Kimbell will also declare its fourth quarter 2025 distribution concurrent with this release. In conjunction with the earnings release, Kimbell has schedu ...
Chevron competes with rivals for Venezuelan oil sales, sources say
Reuters· 2026-01-08 20:07
U.S. oil major Chevron , global trading house Vitol and other oil traders, producers and refiners are competing to win deals for exports of Venezuelan crude as part of their talks with U.S. officials for licenses to do business with the country, industry sources said on Thursday. ...
Brazil's oil regulator puts Petrobras drilling at Foz do Amazonas on hold
Reuters· 2026-01-08 19:20
Brazilian oil regulator ANP has told Petrobras that it cannot resume offshore drilling in the Foz do Amazonas basin until it provides information on a leak of synthetic fluid in the environmentally se... ...
The transformative impact of electric vehicles on the oil and gas sector
Yahoo Finance· 2026-01-08 16:16
The electric vehicle (EV) sector is undergoing rapid transformation, creating strategic shifts within the oil and gas industry. With 10.4 million battery-electric vehicles (BEVs) sold globally in 2024—accounting for 14% of new personal vehicle sales—industry players are under increasing pressure to adapt to changing market dynamics. This report explores how EVs are shaping the oil and gas landscape and the imperative for industry players to evolve their operational models. As governments in select market ...
Preferred Bank: Quality On The Cheap (NASDAQ:PFBC)
Seeking Alpha· 2026-01-08 15:58
Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and live chat discussion of the sector.Sign up today for your two-week free trial and get a new lease on oil & gas! ...
Energy secretary says Chevron expansion, US oil role in Venezuela could come ‘pretty quickly'
Fox Business· 2026-01-08 15:36
As the White House prepares to meet with America’s largest oil companies about Venezuela’s oil sector, U.S. Energy Secretary Christopher Wright explained what could come next for the crude-rich country and what timeline producers might face in helping develop its resources. "Of course, we'd like to go back to Venezuela. You know, it's United States companies that started their oil and gas industry — Chevron's been there for over 100 years," Wright told FOX Business' Maria Bartiromo on Thursday. "When they w ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of New Era Energy & Digital, Inc. - NUAI
Prnewswire· 2026-01-08 15:00
NEW YORK, Jan. 8, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of New Era Energy & Digital, Inc. ("New Era" or the "Company") (NASDAQ: NUAI). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980. The investigation concerns whether New Era and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On Decemb ...
What Mixed Oil Inventory Signals Mean for Energy Stocks Now
ZACKS· 2026-01-08 14:50
Key Takeaways Crude draws, high refinery runs, and import surges are sending mixed signals to energy markets.Gasoline and distillate builds raise concerns over soft demand and refining margin pressure.PSX, WTI, and OII are seen as strong buys despite near-term oil price weakness and volatility.Energy markets are facing another choppy week as oil prices move lower despite a notable draw in U.S. crude inventories. Conflicting signals from supply data, refinery activity and imports have kept investor sentiment ...
Sonoro Energy Ltd. announces new Chief Executive Officer
Thenewswire· 2026-01-08 14:05
Calgary, Alberta – TheNewswire – January 8, 2026 - Sonoro Energy Ltd. ("Sonoro" or the “Company”) (TSXV:SNV) is pleased to announce that Mr. Robert Bensh will be joining the Company as President and Chief Executive Officer effective immediately. Mr. Bensh’s will also be appointed as a Director of the Company upon completion of submissions to and approval from the TSX Venture Exchange (TSXV). Mr. Bensh is a Texas energy executive, investor, and strategic advisor with more than two decades of experience acr ...