As it drives tens of thousands from their homes and turns whole neighborhoods to ash, the wildfire raging through Canada’s oil-rich Alberta province is feeding on conditions that got their Continue Reading
Electricity flowing from plants at Canada’s oil sands operations has shrunk by almost a third as a wildfire ravages the region, forcing tens of thousands of people to evacuate in Continue Reading
It took the market over a day to appreciate the fallout from the devastating Canadian wildfire which has led to a state of emergency in Alberta, the evacuation of over Continue Reading
Deepwater exploration and production (E&P) activity continues to suffer as operators defer deepwater investment to lower cost, more flexible options such as onshore shale. Struggling to maintain cash flow and Continue Reading
U.S. shale producers are returning to unfinished business – completing previously drilled wells – offering a ray of hope for oilfield service providers battered by the oil slump. Halliburton Co Continue Reading
Raging forest fires in Canada’s oil-rich province of Alberta forced the closure of one major oil-sands mining operation on Wednesday and reduced output at another, a day after tens of Continue Reading
A fire fueled by shifting winds that forced more than 80,000 people to flee their homes and disrupted oil-sands operations in Western Canada is poised to expand. The fire will Continue Reading
The Canadian province of Alberta raced to evacuate the entire population of Fort McMurray where an uncontrolled wildfire was taking hold in the heart of the country’s oil sands region, Continue Reading
Oil production in key U.S. shale formations declined and, while a recovery in crude oil prices is an incentive, risks do remain, market analysis finds. Platts Analytics finds oil production Continue Reading
Six mega-trends are combining to persistently drive gasoline prices higher until price kills demand: Peak Fracking occurred in June 2015 . Since Peak Fracking, US Oil Production has decreased approximately Continue Reading
