22 October

LONDON, Oct. 22, 2020 /PRNewswire/ — Natural gas could be the single most important energy source of the next decade. For investors who want both profitability and longevity, the natural gas sector is the very first place to look. The math is simple: Big banks are fleeing oil. The coal industry is in terminal decline. […]

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22 October

Shares of Precision Drilling (NYSE: PDS ) fell 1.4% after the company reported Q3 results. Quarterly Results Earnings per share decreased 700.00% year over year to ($0.08), which missed the estimate of ($0.05). Revenue of $123,715,000 decreased by 56.66% year over year, which missed the estimate of $308,310,000. Guidance Earnings guidance hasn’t been issued by […]

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22 October

The oil tanker Cabo de Hornos fills up with western Canadian crude oil at the Burnaby marine terminal in British Columbia last summer before setting sail for the Canaport marine terminal in Saint John. (Twitter/Cenovus Energy) The expansion of a crude oil and refined petroleum tank farm and marine terminal in Burnaby, B.C., that is […]

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22 October

SINGAPORE (Reuters) – As newly formed PipeChina starts opening access to China’s gas infrastructure this month, a group of firms outside China’s national energy champions are set to become significant importers of liquefied natural gas, giving a welcome boost to weak global energy demand. FILE PHOTO: A pile of coal is seen underneath newly installed […]

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22 October

Crescent Point Energy logo Crescent Point Energy (TSE:CPG) (NYSE:CPG) will issue its quarterly earnings data before the market opens on Thursday, October 29th. Analysts expect the company to announce earnings of C$0.03 per share for the quarter. Crescent Point Energy (TSE:CPG) (NYSE:CPG) last released its quarterly earnings results on Thursday, July 30th. The company reported […]

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21 October

Natural gas could be the single most important energy source of the next decade. For investors who want both profitability and longevity, the natural gas sector is the very first place to look. The math is simple: Big banks are fleeing oil. The coal industry is in terminal decline. And renewable energy is years or […]

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21 October

Exxon Mobil Corp is “very close” to completing its workforce appraisals in the United States and Canada and expects to unveil job cuts, its chief executive told employees in an email on Wednesday. The second-largest U.S. oil company by market value lost nearly $1.7 billion in the first six months and is expected to post […]

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21 October

CALGARY – The Canada Energy Regulator says most, but not all, western Canadian oil production has been restored after being cut because of low prices amid the COVID-19 pandemic. The national agency says western Canadian oil supply had slipped by as much as 972,000 barrels per day by mid-May as demand fell due to pandemic […]

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21 October

Most of Western Canada’s oil production has been restored, according to the Canada Energy Regulator, but U.S. oil producers haven’t had as much luck. Both countries had to curtail oil production in May due to low oil prices amid the coronavirus pandemic and the oil price war waged by Saudi Arabia and Russia. The Canada […]

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21 October

Canada’s Suncor Energy is considering selling part of its assets in the North Sea amid a wave of consolidation in the mature offshore basin, Bloomberg reported on Wednesday, quoting sources with knowledge of the plans. Suncor hasn’t formally launched a sales process but has approached potential buyers who have expressed interest in the fields in […]

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