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Month: July 2016

Category:
  • Canada
  • Ukraine

Energy could be included in Canada-Ukraine trade deal

Energy ties have the potential to strengthen under a newly-minted trade agreement between Canada and Ukraine, ministers said Monday. Canadian Prime Minister Justin Trudeau and his Ukrainian counterpart, Volodymyr Groysman, Continue Reading

Posted On : 12 Jul 2016 Published By : Tom Whipple
Category:
  • Shale Oil

North Dakota adding more rigs

The number of rigs actively exploring for or producing oil and natural gas in North Dakota is rising, state data show, despite a slump in oil prices. State data show Continue Reading

Posted On : 12 Jul 2016 Published By : Tom Whipple
Category:
  • Shale Oil

The Fracking Evolution: Better, Safer, Stronger

About two-thirds of U.S. natural gas production and about half of U.S. oil production currently comes from hydraulically fractured wells. Fracking is an essential process in the U.S. oil and Continue Reading

Posted On : 12 Jul 2016 Published By : Tom Whipple
Category:
  • Canada

Shell-Led Group Delays Decision on Canada Gas Export Plan

LNG Canada cites industry challenges, capital constraints Project says it can’t confirm when it plans final decision Royal Dutch Shell Plc and its partners delayed for the second time this Continue Reading

Posted On : 12 Jul 2016 Published By : Tom Whipple
Category:
  • Russia

Kremlin: Some oil privatization by year’s end

Privatization of Russian oil production and maritime shipping companies could be completed before the end of the year, a deputy minister said Monday. The Kremlin has been reviewing privatization options Continue Reading

Posted On : 12 Jul 2016 Published By : Tom Whipple
Category:
  • Oil Supply
  • p-

Fossil Fuel Industry Risks Losing $33 Trillion to Climate Change

The fossil fuel industry risks losing $33 trillion in revenue over the next 25 years as global warming may drive companies to leave oil, natural gas and coal in the Continue Reading

Posted On : 12 Jul 2016 Published By : Tom Whipple
Category:
  • Prices

Crude Falls as U.S. Drilling Rigs Increase to Most Since April

Explorers added more than 30 oil rigs since start of June U.S. payrolls rose 287,000 in June, most in eight months Oil dropped after U.S. producers increased the number of Continue Reading

Posted On : 11 Jul 2016 Published By : Tom Whipple
Category:
  • Prices

Oil near two-month low on economic woes; drillers adjust to lower prices

Oil fell on Monday over signs that U.S. shale drillers have adapted to lower prices and on renewed indications of economic weakness in Asia. Brent crude futures were trading at Continue Reading

Posted On : 11 Jul 2016 Published By : Tom Whipple
Category:
  • Prices

Oil funds hold down risk, eye volatility after weak first half

Oil’s big rebound in the first half of the year was a squandered opportunity for most hedge funds with positions in crude, and a surge in volatility is likely to Continue Reading

Posted On : 11 Jul 2016 Published By : Tom Whipple
Category:
  • Iran
  • Prices

Oil Price Seen Stable Even as Iran Plans to Boost Crude Exports

Exports of 2 million barrels a day near pre-sanctions levels Iran targeting Europe as destination for quarter of exports Oil markets will remain stable this year even as Iran plans Continue Reading

Posted On : 11 Jul 2016 Published By : Tom Whipple

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