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Wildfire prompts MEG Energy, Imperial to move workers away from oilsands sites
Rimbey Review· 2 days ago...evening that it is evacuating non-essential personnel from its Christina Lake oilsands site, while Imperial Oil Ltd. confirmed in an email Thursday that it has begun reducing the number of non-essential workers at its Kearl...is to care for ourselves and all others,” said MEG CEO Darlene Gates in...
What's at Stake for UK North Sea as Labour Government Sets Out Its Energy Policy
Financial Post· 2 days agoPetroleum production in the waters between the UK and Norway peaked some 20 years ago, with no...
WTI falls to near $80.50 due to a widespread selloff in risk assets
The Forex Market· 2 days agoWTI price extends losses as the US Dollar improves due to increased risk-off sentiment. Higher US...
Canada's Tenaz Energy to buy Dutch NAM's offshore assets for $180 million
Reuters via Yahoo Finance Canada· 3 days agoNAM Offshore is projected to produce nearly 11,000 barrels of oil equivalent per day (boepd), with 99% being natural gas, and generate approximately 90 ...
TENAZ ENERGY CORP. ANNOUNCES AGREEMENT TO ACQUIRE NAM OFFSHORE B.V.
CNW· 3 days ago/CNW/ - Tenaz Energy Corp. ("Tenaz", "our", "we", or the "Company") (TSX: TNZ) has entered into an agreement with Nederlandse Aardolie Maatschappij B.V....
Should African nations develop their fossil fuel resources? – DW – 07/18/2024
Deutsche Welle· 3 days agoThe country sees its nascent oil and gas industry as vital to its economic development. The first...
Four Unexplored Indian Basins May Hold More Oil Than The Permian
Baystreet· 4 days agoFour largely unexplored sedimentary basins in India could hold up to 22 billion barrels of oil, S&P...
WTI improves to near $80.00 due to declining US Oil stockpiles
The Forex Market· 4 days agoAPI Crude Oil stock fell by 4.4 million barrels for the previous week, against the expected decrease...
Oil declines as a sign of a weak economy
The Forex Market· 4 days agoSince last February, the price has been reversing to the upside after declines towards the 200-week moving average.
Russia Plans to Make OPEC+ Compensation Oil Cuts in Warm Seasons
Financial Post· 4 days agoRussia, currently the largest crude producer among the Organization of Petroleum Exporting Countries...