Canada Archives - Page 162 of 163 -

Barclays Estimates Global E&P Spending to Set Record in 2014; Horizontal Drilling in the Permian Pace North American Growth

December 10, 2013

Global exploration and production spending is poised to reach $723 billion in 2014, according to a 2014 Global E&P Spending Report by Barclays on December 9, 2013. The record will mark the first time spending has eclipsed the $700 billion mark, and represents an increase of 6.1% in regards to 2013’s total of $682 billion. Barclays estimates the United States

Crude Oil Cuttings (Week Ended 7/5/13)

July 10, 2013

Crude Oil Inventory/’000 BBLS Current: 373,918 Actual Build/(Withdrawal): (9,874) Economist Average Estimate: (3,114) Previous: 383,792 Click here for the chart with five year averages. CRUDE OIL IN THE MEDIA *Fracking Firms Face New Crop of Competitors – WSJ So many companies have jumped into the hydraulic-fracturing business that the price of performing the key part of the oil- and gas-drilling

When Will the Keystone Pipeline Become a Necessity?

July 9, 2013

In an industry report released July 8, 2013, Raymond James & Associates asked the question: ‘When will the Keystone XL Pipeline become a necessity?’ According to analysts, Marshall Adkins & Cory Garcia, additional pipeline capacity out of Western Canada will be eventually needed if Canadian oil sands growth continues as projected. “While Keystone isn’t needed today or arguably even in

Let’s Work For America, Not Against It; Climate Change Speech Positive for Natural Gas

June 26, 2013

President Barack Obama’s first climate change speech of his second term focused on three main points: cutting carbon pollution in America, preparing the U.S. for the impacts of climate change, and leading international efforts to combat global climate change. Our key takeaway from the president’s speech was natural gas is cited as a “critical bridge fuel” – and rightfully so.

Crude Oil Cuttings (Week Ended 4/26/13)

May 1, 2013

CRUDE OIL INVENTORY/’000 bbls (Week Ended 4/3/13) Current: 395,284 Actual Build/(Withdrawal): 6,696 Economist Average Estimate: 1,018 Previous: 388,588 Click here for the chart with five year averages. CRUDE OIL IN THE MEDIA *Bakken, Three Forks Has More Oil Than 2008 Estimate: USGS – Bloomberg Oil resources in shale formations of North Dakota, Montana and nearby states are 7.4 billion barrels,

Crude Oil Cuttings (Week Ended 4/12/13)

April 17, 2013

CRUDE OIL INVENTORY/’000 bbls Current: 387,641 Actual Build/(Withdrawal): (1,233) Economist Average Estimate: 1,082 Previous: 388,874 Click here for the chart with five year averages. IN CASE YOU MISSED IT *VIDEO: U.S. Need for Oil Is `Shrinking,’ Petrie Says – Bloomberg Thomas Petrie, chairman of Petrie Partners, talks about U.S. energy independence and the outlook oil prices and refineries. Petrie speaks with Tom Keene and

Crude Oil Cuttings

March 13, 2013

CRUDE OIL INVENTORY/’000 bbls (Week Ended 3/8/13) Current: 383,975 Actual Build/(Withdrawal): 2,624 Economist Average Estimate: 2,236 Previous: 381,351 Click here for the chart with five year averages. CRUDE OIL IN THE MEDIA *EnerCom’s Monthly Energy Industry Data and Trends Reports U.S. oil consumption in December 2012 was 18.1 MMBOPD, down ‐2.5% compared to the prior month and ‐3.6% lower than

Get your Fracs Straight before Inserting Foot in Mouth

March 6, 2013

CRUDE OIL INVENTORY/’000 bbls (Week Ended 3/1/13) Current: 381,351 Actual Build/(Withdrawal): 3,833 Economist Average Estimate: 327 Previous: 377,518 Click here for the chart with five year averages. CRUDE OIL IN THE MEDIA *U.S. Tops Saudi Arabia as World’s Biggest Fuel Producer – WSJ The U.S. has catapulted past Saudi Arabia as the world’s biggest fuel producer, now that abundant production

Crude Reactions to Obama's Re-election

November 7, 2012

Every Wednesday, EnerCom’s Oil & Gas 360® will deliver media stories, company updates, and research commentary covering the crude oil spectrum. The theme for this week: Crude Reactions to Obama’s Re-election. CRUDE OIL INVENTORY/’000 bbls (Week Ended 11/2/12) Current: 374,847 Actual Build/(Withdrawal): 1,766 Economist Average Estimate: 1,464 Previous: 373,081 Click here for the chart with five year averages. IN CASE YOU

Petronas/Progress Energy Deal Blocked – A Roundup of Coverage

October 22, 2012

Canada blocks Petronas’ bid for Progress Energy – AP TORONTO — Canada has blocked the Malaysian state-owned oil firm Petronas’ US$5.2 billion (CA$5.17 billion) bid for gas producer Progress Energy Resources, saying the proposed investment would not provide a net benefit to Canada. Federal Industry Minister Christian Paradis did not explain his decision in a statement released just before midnight

REPOST: Clinton Cites 'Energy Diplomacy' as Driving Force in Foreign Policy

October 19, 2012

WSJ REPOST: Secretary of State Hillary Clinton on Thursday described “energy diplomacy” as a driving force behind U.S. foreign policy and offered a spirited defense of the Obama administration’s foreign-policy record. She also took swipes at rivals, including China and Russia, which she said have used energy as a geopolitical or trade weapon. “Fundamentally, energy is an issue of wealth and

Make No Debate: The U.S. Kicks Gas

October 4, 2012

Every Thursday, EnerCom’s Oil & Gas 360® will deliver media stories, company updates, and research commentary covering the natural gas spectrum. The theme for this week: Make No Debate: The U.S. Kicks Gas. NATURAL GAS INVENTORY (Week Ended 9/28/12) Current: 3,653 Bcf Actual Injection/(Withdrawal): 77 Bcf Economist Average Estimate: 72 Bcf Previous: 3,765 Bcf Click here for the chart with

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