20 March

Oil pipes in an oil field I’m constantly amazed at how investor attitude about the energy market changed after the 2014 crash. The sector could do no wrong before 2014. Both speculators and more conservative investors held energy stocks, although in different forms. The speculators crowded into the tiny names, convinced they’d find the next […]

Read More
20 March

Oil , Bloomberg Edmonton- Premier Rachel Notley says Alberta will again ease mandatory oil production cuts due to lower storage levels. The province says it will allow increased production by 25,000 barrels per day in April. This will be the second increase since December when the government ordered production of raw crude oil and bitumen […]

Read More
20 March

Alberta will spend billions of dollars on rail cars to get a backlog of oilsands crude to market, decreasing dependence on delivery through British Columbia where pipeline projects face resistance. The province announced a plan Tuesday to lease up to 4,400 rail cars starting as early as July, to move a crude backlog which has […]

Read More
20 March

Alberta’s NDP leader and her main conservative rival wasted no time pointing fingers at each other on the first day of the campaign for an April 16 election. Premier Rachel Notley called the vote Tuesday in front of cheering supporters at the National Music Centre in Calgary and made it clear from the get-go that […]

Read More
20 March

Construction underway on Inter Pipeline’s Heartland Petrochemical Complex near Edmonton in January 2019. Image: Deborah Jaremko/JWN As Canada’s oil producers limp along, hamstrung by pipeline bottlenecks that have hurt prices for their crude, the nation’s gas industry is working on a flurry of export and chemicals projects to avoid the same fate. Canada’s natural gas […]

Read More
20 March

First National Bank of Mount Dora Trust Investment Services grew its holdings in shares of Chevron Co. (NYSE:CVX) by 5.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,474 shares of the oil and gas company’s stock after purchasing an […]

Read More
20 March

Carnegie Capital Asset Management LLC increased its position in Exxon Mobil Co. (NYSE:XOM) by 13.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 207,676 shares of the oil and gas company’s stock after buying an additional 24,501 shares during the period. […]

Read More
20 March

EOG Resources logo EOG Resources (NYSE:EOG) was upgraded by stock analysts at ValuEngine from a “sell” rating to a “hold” rating in a research report issued on Wednesday. Several other equities research analysts have also recently issued reports on the company. JPMorgan Chase & Co. set a $116.00 price target on EOG Resources and gave […]

Read More
19 March

Increase in Gross Prospective Resources P50 (Best) to 3,981 MMBOE (from previous 2,913 MMBOE) TORONTO, March 19, 2019 /CNW/ – Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX-V: EOG), ("Eco", "Eco Atlantic", "Company" or, together with its subsidiaries, the "Group") the oil and gas exploration company with licences in highly prospective regions in Guyana […]

Read More
19 March

Oil prices have traded relatively flat on Tuesday morning, despite bullish news continuing to mount. Oil & Gas Prices (Click to enlarge) Rigs Per Basin (Click to enlarge) US Rig Count (Click to enlarge) Chart of the Week (Click to enlarge) – U.S. natural gas production soared to a new all-time high in 2018, rising […]

Read More