10% ROR requires $71-$90/bbl and $4.20-$5.00/Mcf U.S. shale required prices to break even are higher than many are asserting, according to research by KLR Group released today. But if the IEA’s current demand/supply analysis is correct, it’ll be a moot point in three years. KLR’s models show U.S. oil and gas breakeven WTI prices are $50/bbl and $3.35/Mcf, significantly above
Search Minerals Produces High Purity Mixed Rare Earth Oxide Product From the Pilot Plant Operation
Nanaimo Businesses Presented with Local and Global Market Opportunities
XOOM Energy Announces Further Expansion into Canadian Energy Markets
IEA chief sees no peak in oil demand, but slowed investment will reduce supply Global oil demand could outpace supply after 2020, according to a release from the International Energy Agency today. The IEA’s five-year oil market forecast outlines expected supply and demand trends in the global oil market. Supply will grow for next 3 years, then slow way down
Goviex to Increase Its Portfolio of High-Quality Projects
The U.S. Environmental Protection Agency announced that it is withdrawing its request that owners and operators in the oil and natural gas industry provide information on equipment and emissions at existing oil and gas operations. The withdrawal is effective immediately, meaning owners and operators – including those who have received an extension to their due dates for providing the information
LINN Energy Announces 2016 K-1 Tax Packages Now Available
137,000 BOPD Horizon oil sands mining project upgrade planned Canadian Natural Resources (ticker: CNQ) announced fourth quarter results today, showing net earnings of $566 million, or $0.51 per share. Full year results are a loss of $204 million, or ($0.19) per share. At this time last year, for reference, Canadian Natural reported earnings of $131 million in Q4 and losses
PSE&G Seeks NJ BPU Approval For Energy Efficiency Programs
Air Products’ California Fueling Stations Offering Hydrogen Below $10 Per Kilogram
ExxonMobil Plans Investments of $20 Billion to Expand Manufacturing in U.S. Gulf Region
