NDP News and Press, Tortoise Energy Independence Fund Inc. From 09/09/20

Lower oil prices and production have undoubtedly been the focus of many energy investors over the last few months. Even with the recent stabilization of WTI crude around $40 per barrel, oil prices are still well below pre-COVID levels. However, another less frequently discussed side of energy ...

By Ovi All of the oil (C + C) production data for the US states comes from the EIAʼs Petroleum Supply monthly PSM . After the production charts, an analysis of three EIA monthly reports projecting future production is provided. The charts below are updated to June 2020 for the 10 l...

Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP, TPZ and TEAF. Tortoise Energy Infrastructure Corp. (NYSE: TYG) today announced that as of August 31, 2020, the company’s unaudited total assets were...

Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP, TPZ and TEAF. Tortoise Energy Infrastructure Corp. (NYSE: TYG) today announced that as of July 31, 2020, the company’s unaudited total assets were a...

Tortoise announced today the release of the combined 2020 second quarter stockholders’ report for TYG, NTG, TTP, NDP, TPZ and TEAF. This report is available online at cef.tortoiseadvisors.com . Please call (866) 362-9331 or email info@tortoiseadvisors.com to request hard copies ...

Oil prices moved in the narrowest range ever this past week. Brent crude oil fell by only 10 cents from the week earlier to close at $43.14 per barrel while WTI moved higher by only 4 cents to $40.59 per barrel. These prices are extremely close to the July average for both benchmarks so far. ...

All OPEC data below is from the July 2020 OPEC Monthly Oil Market Report . All OPEC data is through June 2020 and is in thousand barrels per day. All copied and pasted texts are in italics. OPEC cut further in June, down almost 1.2 million barrels per day. They are down about 6.8 millio...

After the long, slow downturn that began in late 2014, this year was set to be better with many dormant regions resuming exploration and long-awaited development drilling programmes going ahead. Then, in mid-March, a double disaster struck as an oil price crash coincided with a global pandemic...

This is why the "rig count" data matters less every day. The updated E&P (Oil and Gas Exploration & Production) Indices lag conditions in the industry by 2 months. As expected, both reflect the downturn due to the imposition of a nationwide shutdown in response to COVID-19. The level...

While holiday weekends are normally quiet, Dominion Energy (D) made a splash on Sunday by announcing the sale of natural gas infrastructure to Berkshire Hathaway (BRK.A) (BRK.B) in a deal valued near $10 billion and simultaneously cancelling the embattled Atlantic Coast Pipeline ((ACP)) ...