NDP News and Press, Tortoise Energy Independence Fund Inc. From 06/01/21

LEAWOOD, KS / ACCESSWIRE / June 1, 2021 / 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 May 31, 2021, the company'...

U.S. March production increased by 1,401 kb/d to 11,184 kb/d from Februaryʼs output of 9,783 kb/d and was also 128 kb/d higher than January’s. Rig additions continued in the US from the August low of 172 to 359 in the last week of May. Frac spreads continue to increa...

Total Oil has done better than most in increasing reserves and production, more so in oil than gas, but at the cost of a continuing fall in R/P for C&C. Equinor has a particularly pronounced drop in natural gas R/P, which is possibly bad news for European gas importers, especially...

While China’s oil refineries forge ahead with capacity expansion, many western-based refiners have retrenched. As China again hits the stimulus pedal, this year it is expected to officially surpass the U.S. as the world’s largest oil refiner according to the Internationa...

The oil price had been making a recovery since late March. Global demand picked up and OPEC+ has seemingly taken a cautious stance toward increasing output. Interestingly, money is not flowing back into shale oil despite a rising oil price. Small increases in some basins have been par...

The upward momentum in oil prices continues. On the week closing, Brent crude rose to $68.28 per barrel. West Texas Intermediate rose to $64.90 per barrel. Oil's optimistic demand outlook overshadows falling demand in China and India, but could not offset the strong US manufacturi...

Non-OPEC production continued to climb from the May 2020 low of 45,272 kb/d. January's output increased by 448 kb/d to 48,862 kb/d from December. Non-OPEC production continued to climb from the May 2020 low of 45,272 kb/d. January's output increased by 448 kb/d to 48,862 kb/d from Dec...

US and European international oil companies (IOCs) have registered positive financial income in the first quarter of 2021 following huge losses registered throughout most of 2020. The revenues came as a result of higher oil prices, improving refining margins and higher demand prospect...

LEAWOOD, KS / ACCESSWIRE / May 3, 2021 / 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 April 30, 2021, the company...

U.S. February production decreased by 1,197 kb/d to 9,862 kb/d from Januaryʼs output of 11,059 kb/d. The April STEO report forecasted US February production would be 10,280 kb/d vs the reported actual output for February of 9,862, an over-estimate of 418 kb/d. Rig additions...