04 November

This past quarter, Royal Dutch Shell ‘s ( NYSE:RDS-A ) ( NYSE:RDS-B ) results showed the company can fund just about anything it wants right now. A large capital expenditure program? Yup. Pay down some debt? Sure! Fund its dividend? Of course! How about a $2 billion share repurchase program on top of all of […]

Read More
04 November

The oil and gas business in North America went through such an incredible boom in recent quarters that it ended up becoming a victim of its own success. One of the casualties of that success this past quarter was frack sand supplier Hi-Crush Partners ( NYSE:HCLP ). With oil pipelines across the country running at […]

Read More
04 November

Workers operate at the Tawke and Peshkabir fields in Kurdistan’s Duhok province. (Photo: Archive) ERBIL (Kurdistan 24) – Crude oil production is on the rise at fields in the Duhok province area with results exceeding expectations, the Kurdistan Region’s Ministry of Natural Resources said in a statement on Sunday. According to the Ministry of Natural […]

Read More
03 November

The decision facing President Donald Trump is not an easy one, a problem not of his own choosing and one that the politically charged president would rather not have to deal with. To sanction or not sanction Saudi Arabia over the alleged killing last month of prominent Saudi journalist Jamal Khashoggi (that often criticized in […]

Read More
03 November

Global U.S. Midstream Oil & Gas Equipment Market Forecast – 2026 analysis of an industry is a crucial thing for various stakeholders like investors, CEOs, traders, suppliers and others. Global U.S. Midstream Oil & Gas Equipment market report covers up-to-date marketing information which is important to monitor performance and make critical conclusions for growth and […]

Read More
03 November

The Canadian heavy oil differential narrowed slightly against the West Texas Intermediate (WTI) benchmark on Friday, following production cuts, but remained within range of historically wide levels as output surpasses transport capacity: * Western Canada Select (WCS) heavy blend crude for December delivery in Hardisty, Alberta, was trading Friday afternoon at $44.20 a barrel below […]

Read More
03 November

Fifteen companies and individuals received 18 awards recognizing excellence in the oil and gas industry throughout 2017 during the awards program, held in Abingdon. CNX Resources was named operator of the year Oct. 23 during the Virginia Department of Mines, Minerals and Energy, Division of Gas and Oil and the Virginia Oil and Gas Association’s […]

Read More
03 November

The Arab world is blessed with some of the most impressive hydrocarbon reserves in the world, but despite impressive domestic reserves, production has failed to keep pace with rising consumption. Because of this, the Middle East and North Africa region or MENA will become the world’s second largest importer of LNG in the coming years […]

Read More
03 November

Egypt’s crude oil reserves reached about 3bn barrels, down from about 4bn in 2015, a decline of 25%, as a result of the country’s failure to achieve significant oil discoveries during the past three years. A source in the oil sector told Daily News Egypt that the local market has consumed about 1bn barrels of […]

Read More
03 November

Imperial Oil logo at the company’s annual meeting in Calgary, Friday, April 28, 2017. Two new oilsands projects with the combined capacity to produce up to 200,000 barrels per day have been approved by the Alberta Energy Regulator but proponent Imperial Oil Ltd. isn’t saying when or if it will build them. Company experts are […]

Read More