Archive for July, 2017

Wintermar Offshore (WINS:JK) Reports 1H2017 Financial Results

Wintermar Offshore (WINS:JK) Reports 1H2017 Financial Results

July 31, 2017 - 1:00 am Press Releases

Elk Petroleum Limited (EKPTF) Quarterly Activities and Cashflow Report

Elk Petroleum Limited (EKPTF) Quarterly Activities and Cashflow Report

July 30, 2017 - 6:58 pm Press Releases

AKITA Drilling Ltd. Announces Year-to-Date Earnings and Cash Flow

AKITA Drilling Ltd. Announces Year-to-Date Earnings and Cash Flow

July 28, 2017 - 7:39 pm Earnings, Press Releases

MEG Energy to hold conference call with its note holders to discuss second quarter 2017 financial and operating results

MEG Energy to hold conference call with its note holders to discuss second quarter 2017 financial and operating results

July 28, 2017 - 6:19 pm Oil Sands, Press Releases

Gemini Corporation Issues Options, PSUs and RSUs

Gemini Corporation Issues Options, PSUs and RSUs

July 28, 2017 - 5:49 pm Oil Sands, Press Releases
With Big Players Come Big Rig Counts: XOM, COP, CVX Report Q2

With Big Players Come Big Rig Counts: XOM, COP, CVX Report Q2

In the past two days ExxonMobil Corporation (ticker: XOM), Chevron Corporation (ticker: CVX), and ConocoPhillips (ticker: COP) all reported second quarter earnings and gave operational updates.

ExxonMobil

ExxonMobil earned $3.4 billion in Q2, which brought the company’s earnings for the …

Shipping Energy: What’s Safe, What’s Not?

Shipping Energy: What’s Safe, What’s Not?

Shipping choke points could be security threat

The EIA estimates that approximately 61% of the total world petroleum supply—or 58.9 million BOPD—travelled in maritime tankers. The oil in these tankers represents nearly 28% of the world’s shipping in weight alone.…

Cabot’s Lower Marcellus Wells Have Best EUR in Onshore U.S. Gas

Cabot’s Lower Marcellus Wells Have Best EUR in Onshore U.S. Gas

Price realizations increase ~40% YOY

Cabot Oil & Gas (ticker: COG) announced second quarter results today, showing earnings of $21.5 million, or $0.05 per share. After adjusting for certain special items, Cabot’s net income for Q2 was $64 million, or …

Westcoast Energy and Union Gas Declare Dividends

Westcoast Energy and Union Gas Declare Dividends

July 28, 2017 - 5:15 pm Press Releases

Enbridge Energy Partners, L.P. Declares Distribution for Second Quarter 2017

Enbridge Energy Partners, L.P. Declares Distribution for Second Quarter 2017

July 28, 2017 - 5:15 pm Press Releases

Kinder Morgan Canada Limited Files Q2 Consolidated Financial Statements and Management’s Discussion & Analysis

Kinder Morgan Canada Limited Files Q2 Consolidated Financial Statements and Management’s Discussion & Analysis

July 28, 2017 - 4:41 pm Press Releases
WTI Nears $50 as U.S. Rig Count Resumes Growth

WTI Nears $50 as U.S. Rig Count Resumes Growth

Seven land rigs, one offshore are activated

Oil rose even as U.S. drilling activity returned to growth, according to the most recent edition of Baker Hughes’ weekly rig count.

West Texas Intermediate recorded its strongest weekly gain of the year …

Blueknight Energy Partners, L.P. Announces Timing of Second Quarter 2017 Financial Results and Conference Call

Blueknight Energy Partners, L.P. Announces Timing of Second Quarter 2017 Financial Results and Conference Call

July 28, 2017 - 4:00 pm Conference Calls & Webcasts, Press Releases

Russia Cuts U.S. Diplomats in Reaction to Sanctions

From Fox News

Russian President Vladimir Putin finally took his revenge on Friday, responding to a months-old censure from the Obama administration and new Congressional sanctions by closing down several American facilities in Russia and ordering a reduction in the …

July 28, 2017 - 1:52 pm Closing Bell Story‎, Energy News

Oil Field Spills Down 17% Last Year

From E&E News

The number of spills and other mishaps at oil and gas sites fell sharply again last year, in line with decreased drilling.

An E&E News review of spill records indicates that spills declined about 17 percent during …

July 28, 2017 - 1:51 pm Closing Bell Story‎, Energy News

Quitting Canada Project May Cost Petronas $467 Million

From Malaysia Today

The national oil company will have to pay an impairment charge for not going ahead with the Pacific NorthWest LNG project in western Canada

KUALA LUMPUR: Petronas may have to pay an impairment charge of about RM2.16 …

July 28, 2017 - 1:39 pm Closing Bell Story‎, Energy News

Kuwait Joins Saudis, U.A.E. Promising More OPEC Oil Cuts

From Bloomberg

U.A.E. pledged to cut 10% after Saudi Arabia urged discipline

Kuwait joined the United Arab Emirates in promising to pump less oil after Saudi Arabia called on fellow OPEC producers to cut more supply to help curb the …

July 28, 2017 - 1:04 pm Closing Bell Story‎, Energy News

Former Texas Lt. Gov. David Dewhurst Looks to Sell Piceance Assets, Acquire in the Permian

Falcon Seaboard opens Permian fund to outside investors

From the Midland Reporter-Telegram

Oil and natural gas producers and investors alike see tremendous opportunities in the resources still residing in the Permian Basin.

David Dewhurst, the former lieutenant governor of …

July 28, 2017 - 11:52 am Closing Bell Story‎, Energy News

Maurel & Prom : End of the Anticosti project in Quebec

Maurel & Prom : End of the Anticosti project in Quebec

July 28, 2017 - 11:44 am Press Releases

Oil-Rich Venezuela is Crumbling Fast, Geopolitical Risk Hinges on Weekend Vote

Sunday vote could trigger default, riots, oil disruption

From The Fuse

Heightened geopolitical risk in Venezuela threatens to roil the global oil market.

On Sunday, President Nicolas Maduro has planned a vote on whether to rewrite the country’s constitution. The …

July 28, 2017 - 11:20 am Closing Bell Story‎, Energy News

Pennsylvania Senate Approves NatGas Severance Tax to Shore Up State Budget

From WITF

(Harrisburg) — The Pennsylvania Senate on Thursday approved a plan to balance the state budget that includes heavy borrowing and hundreds of millions of dollars in tax increases, including a severance tax on Marcellus Shale gas drilling and …

July 28, 2017 - 11:06 am Closing Bell Story‎

BH Macro Limited – Monthly Shareholder Report – June 2017

BH Macro Limited – Monthly Shareholder Report – June 2017

July 28, 2017 - 11:06 am Press Releases

Hydrographic Survey Equipment Market Worth 2.74 Billion USD by 2022

Hydrographic Survey Equipment Market Worth 2.74 Billion USD by 2022

July 28, 2017 - 10:30 am Press Releases

Chevron Reports Second Quarter Net Income of $1.5 Billion

Chevron Reports Second Quarter Net Income of $1.5 Billion

July 28, 2017 - 8:30 am Press Releases

ExxonMobil Earns $3.4 Billion in Second Quarter 2017

ExxonMobil Earns $3.4 Billion in Second Quarter 2017

July 28, 2017 - 8:00 am Press Releases

APTIM Announces Turnaround Award with Major Canadian Oil Sands Producer

APTIM Announces Turnaround Award with Major Canadian Oil Sands Producer

July 28, 2017 - 8:00 am Oil Sands, Press Releases

Third quarter dividend declaration

Third quarter dividend declaration

July 28, 2017 - 7:56 am Press Releases

Imperial announces second quarter 2017 financial and operating results

Imperial announces second quarter 2017 financial and operating results

July 28, 2017 - 7:55 am Press Releases

TransCanada Reports Strong Second Quarter 2017 Financial Results; Performance Highlights Diversified, Low Risk Business Strategy

TransCanada Reports Strong Second Quarter 2017 Financial Results; Performance Highlights Diversified, Low Risk Business Strategy

July 28, 2017 - 7:30 am Press Releases

Capital Product Partners L.P. Announces Second Quarter 2017 Financial Results, Entering Into a Firm Offer Letter for a New $460 Million Credit Facility for the Refinancing of Substantially All of the Partnership’s Indebtedeness and Fleet Employment Updates

Capital Product Partners L.P. Announces Second Quarter 2017 Financial Results, Entering Into a Firm Offer Letter for a New $460 Million Credit Facility for the Refinancing of Substantially All of the Partnership’s Indebtedeness and Fleet Employment Updates

July 28, 2017 - 7:30 am Finance, Press Releases