US-China Trade Spat Could Hit Oil Demand, IEA Warns

Although the IEA did not lower its annual oil demand expectations, the group noted growth could cool down later this year if trade tensions between U.S.-China escalate.

August 10, 2018

Oil Sands Outlook Promising, Despite Pipeline Constraints

Production out of western Canada may slow down along with infrastructure development, but IHS Markit forecasts a bright future.

August 6, 2018

Canadian Natural Resources Shares Insight On New Oil Sands Mining Technology

The company’s in-pit extraction process eliminates tailings ponds, reduces greenhouse gas emissions and reduces operating costs.

August 3, 2018

Encana Profit Beats On Higher Production, Oil Prices

Encana Corp. blew past analysts’ estimates for quarterly profit on August 1, as the oil and gas producer benefited from rising shale oil production in the Permian Basin, where it operates one of its biggest oil fields.

August 1, 2018

Study: Canada’s Importance To Heavy Oil Markets Rises

Uncertainty about takeaway capacity looms over further investment decisions.

July 30, 2018

Exxon Mobil’s Darren Woods Vows Engagement And Openness

The oil group’s central message has not changed but how it communicates has, says CEO Darren Woods.

July 25, 2018

Precision Drilling Makes Officer Appointments

Precision Drilling Corp. has appointed Shuja Goraya as chief technology officer and Darren Ruhr as chief administrative officer, the company said on July 25.

July 25, 2018

Oil Prices Steady As US-Iran Row Balances Trade Worries

Iran has come under increasing U.S. pressure, with the administration of President Donald Trump pushing countries to cut all imports of Iranian oil from November.

July 24, 2018

TGS Expands Onshore Seismic Project In Canada

TGS has expanded its 2018 onshore seismic survey Dawson Phase II in Canada, the company said July 20.

July 20, 2018

Baker Hughes To Sell Natural Gas Solutions Business For $375 Million

Baker Hughes agreed to sell in separate transactions its NGS product line to private-equity firm First Reserve and the product line’s Talamona branch in Italy to Pietro Fiorentini.

July 18, 2018