Continental Resources boasted of record performance at a shale well on Oklahoma that it said was performing near the lowest costs ever for the company. Continental said it completed an Continue Reading
Alberta Wildfires A massive wildfire raging through the northern part of Alberta has swelled in size and surged north of Fort McMurray, destroying an evacuated oil sands camp on Tuesday Continue Reading
Albertans who fled the wildfire devastation in the oil-sands community of Fort McMurray can tentatively expect to return in a couple of weeks, while the blaze still rages elsewhere in Continue Reading
Two major oil services companies have agreed to a $13bn merger as they consolidate and cut costs to cope with the effects of a prolonged low oil price. Technip, which Continue Reading
Oil prices may be headed higher, but a bust like this one isn’t over until bankruptcies, mergers and acquisitions clean up the detritus left behind. Almost two years after oil Continue Reading
Plans to bring back more than 1 million barrels a day of lost production in Canada’s oil sands are being delayed as wildfires sweeping across northern Alberta threaten operations again, Continue Reading
Willie White of Ezra Prentice Homes lifts a fist while marching amongst protesters from across the northeastern United States. (WNV / William Fowler) Thousands of protesters from across the Northeast Continue Reading
Amid the abandoned worker camps, idled drilling rigs and empty field-office parking lots of western North Dakota, a shale industry reshaped by the oil-price collapse is beginning to emerge. As Continue Reading
Connecting extreme weather events with climate change isn’t exactly a new thing. After Hurricane Sandy devastated parts of New York and New Jersey in 2012, Bloomberg published a front page Continue Reading
The unpleasant truth now and soon is that the ready supply of oil and gas which we almost always take for granted [the occasional price spike notwithstanding] is on its Continue Reading
