Energy Sector Hit With Two More Big Bankruptcies
Oil Rig Sunset According to data compiled by Haynes and Boone, in just the first four months of 2016 there had already been double the amount of bankrupt energy debt Continue Reading
Oil Sands Slowly Coming Online Again, But Thermal Projects Face Risks
Tar Sands As the fire continues to rage, now moving to more sparsely populated areas, oil sands producers who saw some 1.3 million barrels per day taken offline are now Continue Reading
Alberta Oil Camps Set for Staff Invasion as Production Returns
Corey Smith got the call Tuesday night that Canada’s energy industry had been anxiously awaiting: it’s time to get back to work in the oil sands. Smith, the head of Continue Reading
Gas Firms Rally on Signs Glut Is Easing
Indications that supply was easing helped natural-gas prices rebound 31% in the past two months. Shares of natural-gas producers, among the market’s worst performers in recent years, are now among Continue Reading
North Dakota oil production falls 9,846 B/D in March
North Dakota’s crude oil production fell less than 1% or 9,846 b/d in March from the previous month, the state’s department of mineral resources said Thursday, a smaller decline than Continue Reading
US gas production dips to lowest since December 28
US dry natural gas production fell to 70.4 Bcf Tuesday, marking its lowest level since late December as drilling activity in associated gas production continues to decline, according to Bentek Continue Reading
North Dakota Oil Production Declining But Slowely
The North Dakota Oil Production Stats are out. North Dakota crude oil production was down just less than 10,000 barrels per day. Bakken crude oil production was down 7,743,000 bpd Continue Reading
British share of renewables setting records
A provisional estimate from the British government shows the amount of electricity generated from renewable energy set a record last year. A monthly update from the British Department of Energy Continue Reading
No call to sit with OPEC in June, Russia says
There’s been no invitation extended to the Russian government to attend next month’s summit of members of OPEC, Russia’s energy minister said. Russian Energy Minister Alexander Novak said cooperation with Continue Reading
The real oil limits story; what other researchers missed
For a long time, a common assumption has been that the world will eventually “run out” of oil and other non-renewable resources. Instead, we seem to be running into surpluses Continue Reading