A Colorado anti-fracking group crashed Colorado Governor John Hickenlooper’s book event over his support of fracking in the state, ending in assault claims as well as a few citations. The Continue Reading
According to consulting firm McKinsey, the current oil futures market is pointing to a coming balance between demand and supply—a balance which has the potential to render most oil and Continue Reading
The world’s oil reserves were unchanged in 2015 despite a sharp drop in investment and exploration after the collapse in crude prices, BP said in its benchmark industry report. Proven Continue Reading
ConocoPhillips has announced it will restart production at the Surmount oil sands project, as the northern Alberta wildfire threat subsides. The company said the minor damage caused to the site Continue Reading
As creditors line up for the assets of recently deceased oil titan Aubrey McClendon , an energy-investment firm already has claimed some of his most valuable holdings. EIG Global Energy Continue Reading
The EIA’s Short Term Energy Outlook is out. The data is in million barrels per day. (Click to enlarge) While not much has changed in the EIA’s projection since last Continue Reading
A new wildfire has prompted Canadian oil producers Cenovus Energy Inc. and Canadian Natural Resources Ltd. to shut production just as output was being restored in other parts of Alberta Continue Reading
There could be a growing shortage of skilled workers in the oil industry. That may seem counterintuitive in an industry that has been rapidly shedding workers, with more than 350,000 Continue Reading
U.S. crude oil production fell 150,000 barrels per day in May and the global over-supply of liquids was 680,000 barrels per day. The EIA Short-Term Energy Outlook ( STEO ) Continue Reading
Geology, drilling efficiency and increased focus on the best producing areas have all contributed to the dramatic increase in drilling productivity over the last 10 years in the Bakken, argue Continue Reading
