Strathcona Resources acquires additional MEG Energy shares
(BOE Report) – Canadian oil and gas producer Strathcona Resources said on Tuesday it has purchased additional 6.66 million common shares of rival MEG Energy for about C$190.8 million ($138.09 million). With this acquisition, Strathcona now owns or
Strathcona Resources acquires additional MEG Energy shares
(BOE Report) – Canadian oil and gas producer Strathcona Resources said on Tuesday it has purchased additional 6.66 million common shares of rival MEG Energy for about C$190.8 million ($138.09 million). With this acquisition, Strathcona now owns or controls about 11.8% of MEG’s outstanding
EOG Resources and ADNOC start drilling at UAE shale play
(Oil Price) – Abu Dhabi’s oil and gas giant ADNOC has drilled some
Pemex seeks $10 billion buyback with government-raised funds
(World Oil) – Petroleos Mexicanos SA is offering to buy back some
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EOG Resources and ADNOC start drilling at UAE shale play
(Oil Price) – Abu Dhabi’s oil and gas giant ADNOC has drilled some horizontal wells and tested oil to the surface at a shale play in the United Arab Emirates operated by EOG Resources, the chief executive of the U.S. shale
Pemex seeks $10 billion buyback with government-raised funds
(World Oil) – Petroleos Mexicanos SA is offering to buy back some $10 billion worth of its global bonds with cash raised by the Mexican government, according to a statement. The state-owned driller is looking to repurchase 11 series of
Exclusive: NXT Energy Solutions at EnerCom Denver – The Energy Investment Conference 2025
(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference and the Energy Transition and Emerging Technology Series presenter replays for a limited time. NXT Energy Solutions Inc. is a Calgary-based technology company whose
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Weekly Inventories
U.S. crude oil inventories decrease by 2.4 million barrels
Weekly Crude Oil Storage as of August 22, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 2.4 million barrels from the previous week. At 418.3 million barrels, U.S. crude oil inventories are 6%
Weekly Gas Storage: Inventories increase by 18 Bcf
Natural Gas Inventories as of August 22, 2025 The EIA has released its natural gas inventory report, showing a net increase of 18 Bcf as of August 22, 2025. Working gas in storage was 3,217 Bcf as of Friday, August
U.S. rig count decreased by 2 is at 536
This week’s Baker Hughes Rig Count shows that the U.S. decreased by 2 last week, resulting in a total count of 536 rigs. Canada had a decrease of 5 over last week, resulting in a total Canadian count of 175
