NDP News and Press, Tortoise Energy Independence Fund Inc. From 03/04/22

The invasion of Ukraine by the Russian military will cause many European countries to look urgently for new gas supply sources. Geopolitical concern over reliance on Russian gas has driven states like Poland, Lithuania, Estonia, and Finland to pursue supply diversification for many ye...

While overall US production was down, a better indication of the health of the US oil industry can be gleaned by looking more closely at the On-shore L48 states. Since the beginning of April 2021, the US has been adding Hz oil rigs at a rate of close to 3.39 rigs/wk. November ...

Oil prices have sharply risen over the past two weeks on the back of the unfolding war in Ukraine. The war in Ukraine and the ensuing sanctions of Western states against Russia have further exacerbated the current oil market tightness. However, banning Russian oil and gas imports ...

US economy shrugged off the effects of Omicron and should be relatively resilient to the headwinds caused by Russia’s military aggression in Ukraine by virtue of being an energy producer and having limited direct economic linkages. Higher interest rates are coming with 2% still...

OVERLAND PARK, KS / ACCESSWIRE / March 1, 2022 / Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of February 28, 2022, the co...

The Russian ruble has fallen by 25% and international investors have had to quickly distance themselves from Russian investments. European nations have now backed firm action in response to the invasion of Ukraine. We believe a significant discount for Russian assets will persist ...

I focus on the period starting in Jan 2010 and consider only horizontal tight oil wells in the analysis. My central scenario assumes the Permian basin horizontal tight oil well completion rate increases from 400 new wells per month to 800 new wells per month by July 2025. What hap...

In an oil market that is increasingly globally interlinked, there is a consistent battle between producers in the Atlantic Basin and the Middle East vying for market share in Asia. It is increasingly clear that China will become the world’s largest oil refiner, with a total cap...

World supply was about 1.3 Mb/d below the Feb 2020 level in Jan 2022 based on OPEC estimates. By the third quarter of 2022, the World Oil Market is likely to be short on supply if the optimistic supply estimates of OPEC prove correct. The trend might flatten a bit over the next 2 ...

Tight market and geopolitics may push oil to $100. OPEC has a tightrope to walk balancing supply with demand. Long-term outlook for oil shows rally may not hold. For further details see: Oil Headed To $100 Or Is The Rally Running Out Of Gas?