Recent U.S. legislation has directed the sale of more than 100 million barrels of oil from the Strategic Petroleum Reserve (SPR) in government fiscal years 2022 through 2027. Based on legislated sales established in multiple acts of Congress, the SPR could decline by about 40% in the coming decade while still meeting requirements for petroleum import coverage, the EIA said.
TransCanada, Enbridge and Spectra queue up pipeline projects across all of North America TransCanada adds Canadian capacity TransCanada Corporation (ticker: TRP) has a new $2.4 billion NGTL system expansion coming on-line within four years. The NGTL moves gas from the North Montney in British Columbia to and through Alberta to Saskatchewan and/or delivery access to the Canadian west coast for
CALGARY, ALBERTA–(Marketwired – May 31, 2016) Manitok Energy Inc. (the “Corporation” or “Manitok“) (TSX VENTURE:MEI) announces its financial and operating results for the first quarter of 2016 and provides an operational update. The full text of Manitok’s first quarter results are contained in its unaudited condensed interim financial statements as at and for the three months ended March 31, 2016 and
CALGARY, ALBERTA–(Marketwired – May 30, 2016) – Americas Petrogas Inc. (“Americas Petrogas” or the “Company”) (TSX VENTURE:BOE) announces that it has filed its condensed interim consolidated financial statements and Interim MD&A – Quarterly Highlights relating to its first quarter 2016 results. These filings can be accessed on SEDAR’s website at www.sedar.com and on the Company’s website at www.americaspetrogas.com. The following
Oil prices start the day down as Kuwaiti workers end strike Oil workers in Kuwait ended a three-day strike today that lent support to oil prices earlier this week following the failure of a mixed group of OPEC and non-OPEC producers to come to an agreement on a production freeze Sunday. The strike saw production in OPEC’s fourth-largest producer fall
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