Oil steady as investors await US inflation data, OPEC report Oil prices were little changed on Tuesday as investors waited on data this week, including U.S. inflation indicators and a monthly report from the Organization of the Petroleum Exporting Countries. On Monday, Brent marked its biggest daily gain in more than two weeks, and WTI in more than a month, on signs of improving demand in the U.S. and China, the world's top two oil consumers. https://lnkd.in/eDRV5kwX #TrioPetroleum #EnergyIndependence #OilAndGas #SustainableEnergy #NYSE #TPET Trio Petroleum Corp (NYSE: TPET)
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Company Announces First Revenue Company Collects First Revenue Check for April Oil Sales at McCool Ranch Field HH-1 at McCool Ranch Producing Steadily at Approximately 30 BOPD Trio Petroleum Corp (NYSE: TPET), a California-based #oil and #gas company, today announced that it received its first revenue payment in June for its proportionate share of revenue from April oil sales at McCool Ranch Field in Monterey County, California. https://lnkd.in/e2Y8sWFD #TrioPetroleum #EnergyIndependence #OilAndGas #SustainableEnergy #NYSE #TPET
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Company Successfully Completes First Two Exploratory Wells in Utah HSO 8-4 Well Discovers Over 100’ of Oil-Bearing Pay Zone in Rimrock Sandstone HSO 2-4 Discovers Over 120’ of Oil-Bearing Pay Zone in Rimrock Sandstone & 69’ of Oil-Bearing Pay Zone in Asphalt Ridge Sandstone Trio Petroleum Corp (NYSE American: “TPET”), a California-based oil and gas company, today provided updates on its recently completed drilling activities in Uintah County, Utah. The Company has successfully drilled its first two exploratory wells, the HSO 8-4 and HSO 2-4. The HSO 8-4 was drilled to a total depth of 1,020’, while the HSO 2-4 was drilled to a depth of 1,390’. The wells encountered substantial oil-bearing pay zones in the Rimrock and Asphalt Ridge Sandstones, over 100’ of oil-pay in the Rimrock Sandstone in the HSO 8-4 well and over 190’ combined in the Rimrock and Asphhalt Ridge Sandstones in the HSO 2-4 well. https://lnkd.in/eKtGv34j #TrioPetroleum #EnergyIndependence #OilAndGas #SustainableEnergy #NYSE #TPET Trio Petroleum Corp (NYSE: TPET)
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Building on Our Legacy of #Success Trio Petroleum Corp (NYSE: TPET), a California-focused oil and gas company, is advancing the South Salinas Project in Monterey County. With a strong leadership team and a commitment to growth, we continue to build on our 40-year legacy of exploration and development. https://lnkd.in/eZyQYnuE #OilAndGas #Energy #California #TrioPetroleum #TPET
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The US oil and gas industry is emitting less carbon than it used to American oil and gas companies have cut back on methane emissions even as production reached record heights, a new analysis shows. The U.S. energy industry continues to extract record amounts of fossil fuels, despite climate activists’ calls to “keep it in the ground.” But while oil and gas extraction has increased in recent years, the carbon emissions from that industrial activity have actually fallen, a new analysis has found. https://lnkd.in/eTFGjjrZ #TrioPetroleum #EnergyIndependence #OilAndGas #SustainableEnergy #NYSE #TPET Trio Petroleum Corp (NYSE: TPET)
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Since our inception in 2021, Trio Petroleum Corp (NYSE: TPET) has been dedicated to advancing oil and gas exploration in California, particularly in the South Salinas Project. Our experienced team and state-of-the-art technology are poised to unlock significant energy resources, ensuring sustainable and economically viable production. Find out more about the value oil and gas exploration is bringing: https://lnkd.in/eZyQYnuE Our unwavering commitment is to continue our operations and play a pivotal role in ensuring energy security. #TrioPetroleum #EnergyIndependence #OilAndGas #SustainableEnergy #NYSE #TPET
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The Pioneer of Oil & Gas: A Decade Ahead, When Green Technology Reigns Supreme At Trio Petroleum, we are proud to be recognized among the trailblazers in the oil and gas industry. Our pioneering spirit and commitment to innovative, environmentally friendly resource production set us apart. As we look, we envision a future where "drill, capture, and green" becomes the industry standard. By integrating cutting-edge green technologies and sustainable practices, we are not just setting trends but creating a legacy that future generations will strive to emulate. Here's to a future where economic prosperity and environmental responsibility thrive together. https://lnkd.in/gtJJzVY6 #TrioPetroleum #EnergyIndependence #OilAndGas #SustainableEnergy #NYSE #TPET Trio Petroleum Corp (NYSE: TPET)
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OPEC still positive about global oil demand OPEC’s Secretary General Haitham Al Ghais said global demand is expected to reach 2.2 million barrels per day in 2024. The global economy has shown economic resilience, reflected in a positive projection for oil demand worldwide, OPEC Secretary General Haitham Al Ghais said on 27 May. “For 2024, oil demand growth is at 2.2mbbl/d [million barrels per day], with total global demand anticipated to average 104.5mbbl/d,” he said during a special session of the 141st meeting of the Economic Commission Board (ECB). https://lnkd.in/e2TihQUD #TrioPetroleum #EnergyIndependence #OilAndGas #SustainableEnergy #NYSE #TPET
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Goldman Sachs expects #oil demand to keep growing until 2034 The research division of the bank raised its 2030 crude oil demand forecast to 108.5 million barrels per day Goldman Sachs raised its global oil demand forecast for 2030 on Monday and expects consumption to peak by 2034 on a potential slowdown in electric vehicle (EV) adoption, keeping refineries running at higher-than-average rates till the end of this decade. https://lnkd.in/etySJ5hn #TrioPetroleum #EnergyIndependence #OilAndGas #SustainableEnergy #NYSE #TPET
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This Memorial Day, Trio Petroleum Corp (NYSE: TPET) honors the brave men and women who have selflessly served. We remember their sacrifices and valor. #MemorialDay #HonorOurHeroes #TrioPetroleum #TPET
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