Oil and Gas 360 This week’s Baker Hughes rig count shows that U.S. had an increase of 9 over last week, resulting in a total count of 767 rigs. Canada had an increase of 9 over last week, resulting in a total Canadian count of 204 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Arkoma Woodford,
BOE Report CALGARY, AB – While the Russian invasion of Ukraine has increased the incentive to raise Canadian oil sands production in the short-term, it has not fundamentally altered the production outlook over the longer-term, according to the latest forecast by the S&P Global Oil Sands Dialogue. The updated 10-year forecast expects Canadian oil sands production to reach 3.5 million barrels
Yahoo Finance MEXICO CITY – Mexican President Andres Manuel Lopez Obrador on Thursday denied his energy policies breached a regional trade agreement after Canada challenged them, and said that he had reached agreement with a host of American investors in the sector. Speaking at a regular news conference, Lopez Obrador said Mexico would defend control of its oil as well
Oil and Gas 360 This week’s Baker Hughes rig count shows that U.S. had an increase of 2 over last week, resulting in a total count of 758 rigs. Canada had an increase of 4 over last week, resulting in a total Canadian count of 195rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Cana Woodford, the
World Oil Bloomberg) — The Canadian government released potential designs for an emissions cap on the oil and gas industry, the next step in Prime Minister Justin Trudeau’s plan to cut emissions in the sector by 42% by 2030. Environment Minister Steven Guilbeault published a discussion paper on Monday that outlined two regulatory options. The first is a cap-and-trade system that would
World Oil (Bloomberg) — Suncor Energy Inc.’s chief executive officer stepped down on Friday after a series of fatalities at the company’s oil sands sites shook confidence in its management. Mark Little agreed to leave as president and CEO and resign from the board of directors “effective immediately,” the company said in a release. Kris Smith, executive vice president for
Oil and Gas 360 This week’s Baker Hughes rig count shows that U.S. had an increase of 2 over last week, resulting in a total count of 752 rigs. Canada had an increase of 9 over last week, resulting in a total Canadian count of 175 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Granite Wash,
World Oil (Bloomberg) — Canada’s economic expansion suffered a minor setback last month after a robust start to the year, driven by a drop in oil production. Preliminary data show gross domestic product contracted by 0.2% in May as output slid in oil and gas, manufacturing and construction sectors, Statistics Canada reported Thursday in Ottawa. That followed a strong
Oil and Gas 360 This week’s Baker Hughes rig count shows that U.S. had a decrease of 3 over last week, resulting in a total count of 750rigs. Canada had an increase of 12 over last week, resulting in a total Canadian count of 166 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Ardmore Woodford, and
Oil and Gas 360 This week’s Baker Hughes rig count shows that U.S. had an increase of 13 over last week, resulting in a total count of 753 rigs. Canada had a decrease of 2 over last week, resulting in a total Canadian count of 154 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Cana Woodford,
Oil and Gas 360 This week’s Baker Hughes rig count shows that U.S. had an increase of 7 over last week, resulting in a total count of 740 rigs. Canada had an increase of 15 over last week, resulting in a total Canadian count of 156 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Ardmore Woodford,
Yahoo Finance Publisher’s Note: BP will be presenting at EnerCom Denver-The Energy Investment Conference on August 7-10, 2022. Register to attend. CALGARY, Alberta, June 13, 2022 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has reached an agreement to purchase the remaining 50% of the Sunrise oil sands project in northern Alberta from bp. Total consideration for the
