Scott Saxberg, former Crescent Point Energy president and CEO. Source: Twitter “We built a company from scratch to over 180,000 boe/d and rewarded shareholders with $7.5 billion.” – Saxberg Scott Saxberg, the outspoken and sometimes [Read more]
Oil prices fell in trading on Thursday despite larger-than-expected declines in US crude stocks. Rising US production has increased the discount between Brent and WTI to over $10/barrel. Apache photo. US oil prices down just [Read more]
After a significant drop in oil prices early in the week, values climbed on Wednesday on tight global supplies, a forecast of a drop in US crude stocks and a weaker US dollar. Linn Energy [Read more]
Under PSCs in South China sea, Husky will act as operator during exploration period Husky Energy has drilled a successful exploration well in the South China Sea offshore China, made a discovery in the Atlantic region [Read more]
Oil prices slipped to multi-week lows on Monday after Saudi Arabia and Russia announced they may increase their output and government data showed US production continues to rise. Statoil photo. Oil prices fall in thin [Read more]
Oil prices fell on Friday after Saudi Arabia and Russia said they are discussing easing the crude supply cuts that have boosted oil prices in the past 18 months. Anadarko photo. Oil prices down over [Read more]
Oil prices fell on Thursday on concerns that OPEC may decide next month to increase its output to compensate for dropping Venezuelan production and possible decreases in Iran’s crude exports. Apache photo. Oil prices buoyed [Read more]
Oil prices along with equities and other industrial commodities fell on concerns that setbacks in US-China trade talks could undermine already fragile world growth. Apache photo. Oil prices down following EIA data report shows US [Read more]
Oil prices rose on Tuesday after the US government imposed new sanctions against Venezuela after President Nicolas Madura was re-elected in the South American country on Sunday. Associated Press photo by Ariana Cubillos. Oil prices [Read more]
Hedge fund managers have cut their net long position in the petroleum complex in each of the last four weeks by a total of 71 million barrels, according to records published by regulators and exchanges. [Read more]
Oil prices fell slightly on Friday, but boosted by plummeting Venezuelan production, strong global demand and likely US sanctions against Iran, Brent crude was on track for its sixth straight week of gains. Statoil photo [Read more]
Oil prices hit $80/barrel during trading on Thursday for the first time since November 2014 on concerns that an already tightening market would be impacted by the Trump administration’s decision to abandon the Iran sanction [Read more]
Oil prices were mixed in trading on Wednesday as investors weighed the strengthening US dollar against falling US crude stocks and slowing global demand. Shell photo. Oil prices impacted by strength of US dollar Oil [Read more]
Oil prices were steady on Tuesday with both Brent and US WTI rising slightly. Analysts say concerns over US sanctions restricting Iranian crude exports buoyed oil prices, but concerns that China’s economic growth may be [Read more]
Oil prices rose on Monday after OPEC released a report showing the global glut of crude oil has been virtually eliminated on dropping Venezuelan production along with the OPEC supply cut pact. The Politician photo. [Read more]
Oil prices dipped slightly on Thursday as investors took profit after Wednesday’s rally which began after US President Donald Trump announced he was abandoning the Iran sanctions relief agreement. Statoil photo by Harald Pettersen. Oil [Read more]
Midcoast business include natural gas gathering, treating, processing and transportation…assets located in East Texas, Western Anadarko, Barnett shale plays Enbridge Inc. announced its indirect subsidiary, Enbridge (U.S.) Inc., has entered into a definitive agreement to sell Midcoast [Read more]
Enbridge and CPPIB entered into an agreement to form a 50-50 joint venture to pursue future European offshore wind projects Enbridge Inc. entered into agreements with the Canada Pension Plan Investment Board (CPPIB) to sell [Read more]
Oil prices jumped on Wednesday, one day after US President Donald Trump announced the United States will walk away from the 2015 Iran sanctions relief agreement. Yonhap News Agency photo. Oil prices hit three and [Read more]
Oil prices recovered slightly from their 4 per cent drop on Tuesday. Media reports on Tuesday cast doubt on how quickly US President Donald Trump would re-introduce sanctions against Iran. Associated Press photo by Carolyn [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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