Strategic Oil and Gas CEO, Gurpreet Sawhney, speaks with Oil & Gas 360® in an exclusive video interview at EnerCom’s The Oil & Gas Conference® 20. Strategic Oil and Gas – The Oil & Gas Conference® 20 Webcast
Oil prices see the largest percent gain in six years The U.S. crude oil benchmark West Texas Intermediate closed today 10.3% higher at $42.56 per barrel. In percentage terms, that is the largest gain seen in WTI prices in one day since March 12, 2009. In dollar terms, it was the largest gain in three years. Global benchmark Brent crude
Total has signed an agreement to sell all of its interests in the FUKA and SIRGE gas pipelines and the St. Fergus Gas Terminal to North Sea Midstream Partners for £585 million (around $905 million), subject to the customary approvals. “The sale of these midstream transportation assets is another example of Total’s strategy of active portfolio management and the strong
Katherine Spector, head of commodities strategy for CIBC, spoke to Oil & Gas 360® at EnerCom’s The Oil & Gas Conference® 20. In the interview Spector gives her views on oil prices, the OPEC vs. Shale concept and discusses the effects of Iran’s re-entry into the global oil markets.
OPEC sees lower market share despite decision to maintain production In November 2014, OPEC, led by its largest producer Saudi Arabia, decided to cast off its traditional role as swing producer in the global oil market. The decision sent oil prices plummeting from over $115 per barrel for Brent crude in June, down to $42.69 per barrel, the closing price
Randy Keys, president and CFO of Evolution Petroleum (ticker: EPM), spoke with Oil & Gas 360 at EnerCom’s The Oil & Gas Conference 20. During his interview, Keys touched on the company’s Delhi Field operations, 2016 operational goals, Evolution’s NGL recovery project, and his financial expectations for EPM in 2016.
Bart Brookman, President and Chief Executive Officer of PDC Energy (NASDAQ: PDCE), presented today at EnerCom’s The Oil & Gas Conference 20®. PDC Energy Inc. is a domestic independent exploration and production company that produces, develops, acquires and explores for crude oil, natural gas and NGLs with primary operations in the Wattenberg Field in Colorado and in the Utica Shale in southeastern Ohio. The Wattenberg
Combined package is the largest single award in the history of McDermott’s Middle East Area Brownfield award follows signing of Long Term Agreement in June 2015 McDermott International, Inc. (NYSE:MDR) announced today it has been awarded a lump sum contract by Saudi Aramco for brownfield work in various fields offshore Saudi Arabia. Work on the contract is expected to be
Marquee Energy Ltd. (“Marquee” or the “Company”) (TSXV: “MQL”) is pleased to release its financial and operational results for the three and six months ended June 30, 2015 and provide an operations update. The Company’s financial statements and Management’s Discussion and Analysis (“MD&A”) for the three months ended June 30, 2015 are available on SEDAR at www.sedar.com and on Marquee’s
Story by The Wall Street Journal Retailer considers whether to spin off real-estate assets, which include landmark building in New York Macy’s Inc. is the latest major retailer to consider spinning off its real-estate assets into a separate company, following recent moves by Sears Holdings Corp. and Darden Restaurants Inc. But first it will have to answer a thorny question:
