Post Tagged with: "Canadian"

Canada’s Largest Oil Producer Joins Opposition to Enbridge Pipeline Plan

Canada’s Largest Oil Producer Joins Opposition to Enbridge Pipeline Plan

From Reuters

Canadian Natural Resources Ltd, the country’s biggest oil producer, has joined a number of other firms asking Canada’s energy regulator to intervene in Enbridge Inc’s plan to overhaul shipping contracts on its Mainline pipeline network.

Canadian Natural’s letter …

Source: Angkor Gold Corp.

Angkor Subsidiary Receives Approval for Cambodian Oil and Gas Concession

By Tyler Losier, Energy Reporter, Oil & Gas 360

EnerCam Resources receives approval from the Royal Government of Cambodia to develop Petroleum Block VIII
EnerCam Resources Co. Ltd., a subsidiary of Canadian mineral company Angkor Gold Corp. (stock ticker: ANK:CA,

Source: Reuters

Right-Wing Groups Ask Trump Not to Intervene With Citgo

From The Houston Chronicle

A bevy of right-wing groups are asking the Trump administration not to intercede on behalf of the Venezuelan opposition government to keep Citgo Petroleum from being seized and auctioned.

The Houston-based refiner Citgo is owned by …

Source: Citgo

Venezuela Faces the Loss of Citgo – and Desperately Needed Dollars

From The Houston Chronicle

Venezuela could lose its largest U.S. asset after a court allowed a Canadian gold miner to seize shares of Citgo Petroleum Corp.’s parent to satisfy an arbitration award.

A U.S. appeals court ruled on Monday that …

What’s Worth More to the State of Texas—Land or Oil?

Junior Canadian Texas and New Mexico Producer Goes Public

Permex Petroleum Corporation (ticker: OIL) has completed its initial public offering of 8,135,500 common shares at a price of $0.50 per share for proceeds of $4,067,750.

The shares were listed on the Canadian Securities Exchange (CSE) on May 15, 2018 …

Source: Enbridge

As Permian and Canadian Crude Output Hits Pipeline Limits, Lower Supply is a Threat

Investors not appreciating impact of tight capacity as yet: analyst

From Bloomberg

North America’s great oil surge of 2018 amid the highest oil prices in more than three years is threatened by pipeline gridlock from West Texas to Alberta and …