Return to Normal for Irving After Refinery Incident
Friday October 12, 2018 - Irving Oil is beginning to return to 'normal and safe operations' following a major incident at its Saint John refinery in Canada.
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Oil Set for Weekly Loss
Friday, October 19, 2018 Oil is poised for a second weekly drop after a larger than expected gain in American crude stockpiles eclipsed tensions between the United States and Saudi Arabia.
CP Rail CEO Sees Boom-Time Oil Loads as Pipe Pinch Roils Canada
Friday, October 19, 2018 Boom times are back for at least one company in Canada's oil heartland.
Crude Oil Down for Second Straight Week
Friday, October 19, 2018 The WTI and Brent futures prices finished the day higher Friday but ended the week lower.
Oil Trades Near Lowest Level in a Month
Thursday, October 18, 2018 Oil traded near the lowest level in a month after a bigger-than-expected gain in American stockpiles overshadowed tensions between the U.S. and Saudi Arabia.
Analysts Forecast Oil Prices to 2022
Thursday, October 18, 2018 Analysts at Fitch Solutions forecast that the price of Brent Crude Oil will average $91 per barrel in 2022.
Oil Prices Continue Descent
Thursday, October 18, 2018 The recent downward movement of crude oil futures continued Thursday.
Oil Steady as Data Shows Drop in Inventories
Wednesday, October 17, 2018 Oil held gains after an industry report showed an unexpected drop in American crude stockpiles.
Global LNG Demand to Outperform
Wednesday, October 17, 2018 Demand for LNG will post strong growth to 2027, outperforming the wider energy complex, according to oil and gas analysts at Fitch Solutions Macro Research.
Dramatic Decom Cost Cuts Needed
Wednesday, October 17, 2018 Oil and gas operators worldwide need to dramatically slash the costs of decommissioning wells and installations, according to a new report from the Boston Consulting Group.
WTI Falls Below $70
Wednesday, October 17, 2018 The midweek dip in the WTI following a US government report showing a higher-than-expected rise in crude stocks.
MEG Starts Bidding War After Rejecting $2.34B Husky Offer
Wednesday, October 17, 2018 MEG Energy Corp. rejected a $2.3 billion hostile takeover by Husky Energy Inc. and plans to start a strategic review with an eye to finding another buyer.
Gibson Jumps as Canadian Crude Woes Seen Boosting Tank Provider
Tuesday, October 16, 2018 Gibson Energy Inc. surged the most in more than a year after announcing a plan to build 1 million barrels of new oil-tank space in Western Canada.
Oil Rises After Industry Reports Surprise US Crude Stock Draw
Tuesday, October 16, 2018 Oil popped higher after an industry report showed an unexpected decline in US crude inventories.
Saudis Break 45-Year Taboo with Veiled Oil Threat
Monday, October 15, 2018 Riyadh makes what many read as a veiled threat to use the kingdom's oil wealth as a political weapon.
Saipem Seals Services Deals Worth $400MM
Monday, October 15, 2018 Saipem signs new offshore engineering and construction contracts in Azerbaijan, the North Sea and the Republic of Congo worth a total of approximately $400 million.
Crude Rises as Mystery of Missing Saudi Critic Strains Alliance
Monday, October 15, 2018 Oil advanced amid growing international outrage over the disappearance of a prominent Saudi Arabian critic.
Oil Pares Weekly Loss
Friday, October 12, 2018 Oil pared a weekly loss as investor focus shifted from broader market turmoil and returned to looming shortages from Iran's dwindling exports.
How to Negotiate a Pay Rise as an Experienced Oil Pro
Friday, October 12, 2018 Rigzone talks to several experts to find out how experienced oil and gas professionals can negotiate a pay rise.
Oil Demand and Supply Close to New Peaks
Friday, October 12, 2018 Both global oil demand and supply are now close to new, historically significant peaks at 100 million barrels per day, according to the International Energy Agency.
Return to Normal for Irving After Refinery Incident
Friday, October 12, 2018 Irving Oil is beginning to return to 'normal and safe operations' following a major incident at its Saint John refinery in Canada.
Gas Deliveries Resuming as Cold Descends on British Columbia
Friday, October 12, 2018 High-rise apartment buildings, factories and other industrial customers in western Canada are receiving natural gas again, three days after an Enbridge pipeline explosion deliveries.
FAMILY AFFAIR: Oil and Gas Has Driven Govia Family to Success
Thursday, October 11, 2018 There's decades of oil and gas excellence in the Govia family. Thirty-five year industry veteran Delfina Govia shares her family's experiences.
Oil Set for Worst 2-Day Drop Since July
Thursday, October 11, 2018 Oil headed for the biggest 2-day drop since July, with fuels from diesel to gasoline also declining as fears over a worsening trade war rattled markets across the board.
Trump Rerouting World's Oil Tankers
Thursday, October 11, 2018 US President Donald Trump is redirecting global oil flows.
Gas Flows Resume After Canada Pipe Rupture Hits Oil Refiners
Thursday, October 11, 2018 Natural gas has begun flowing again on a pipeline in British Columbia after a rupture on an adjacent line forced oil refineries in Washington to cut output.
WTI Crude Oil Falls 3%
Thursday, October 11, 2018 The bears reigned in crude oil markets Thursday.
Oil Over $74 on Concerns Storm May Worsen Supply Risk
Wednesday, October 10, 2018 Oil traded above $74 a barrel on concerns Hurricane Michael in the US may exacerbate a supply crunch.
Oil Price to be Highly Volatile Going Forward
Wednesday, October 10, 2018 A model that has 'correctly predicted the oil price increase seen over the last months' now shows that the oil price will be 'highly volatile' going forward, according to Rystad Energy.
As Canadian Oil Hits New Lows, a Look at Possible Solutions
Wednesday, October 10, 2018 Even before the discount on Canadian crude began a brutal streak of new lows in recent days, a variety of efforts were under way to help alleviate Alberta's persistent crude-shipping bottlenecks.
Gasoline Prices Surge in Northwest After Canada Gas-Pipe Rupture
Wednesday, October 10, 2018 A natural gas pipeline rupture in British Columbia is forcing refineries in Washington to cut output.
Oil, Gas CEOs Sold on Tech Benefits, but Unprepared for Disruption
Wednesday, October 10, 2018 A new report by KPMG examines how oil and gas CEOs feel they fare in their technology efforts and what still needs work.
Oil Prices Settle Lower
Wednesday, October 10, 2018 Crude oil prices lost some of their recent upward momentum Wednesday.
Big Oil to Bury Skeptical Investors in Cash Piles
Tuesday, October 09, 2018 With oil above $80 a barrel as costs languish at an 8-year low, the industry is seeing green.
Oil Climbs as Storm Halts Output
Tuesday, October 09, 2018 Crude traded near $75 a barrel as storm Michael in the US strengthened and shut some oil output.
Major Incident at St John Refinery in Canada
Tuesday, October 09, 2018 Irving Oil has announced that a 'major incident' has occurred at its Saint John refinery in Canada.
Frenemies Can Help Energy Firms Curb Risks
Tuesday, October 09, 2018 Ecosystem business model gets strong support from energy execs in Accenture Strategy survey.
IEA Urges OPEC to Open Taps as Oil Markets Enter 'Red Zone'
Tuesday, October 09, 2018 The International Energy Agency made a direct appeal to OPEC and other major oil producers to boost output.
Alberta Eyes Help for Energy Industry in Canadian Crude Rout
Tuesday, October 09, 2018 Alberta Premier Rachel Notley said the province may soon announce more plans to help the local energy industry reap more value from its resources.
Crude Prices Get Bump from Iran and Michael
Tuesday, October 09, 2018 A weakening Iranian export position and a strengthening hurricane were two of the global developments supporting bullish trading Tuesday.
Precision Drilling to Pay $1B for Trinidad Drilling
Monday, October 08, 2018 The acquisition will create the third largest drilling contractor in the US.
Crude Touches One-Week Low as Iranian Shortage Fears Are Eased
Monday, October 08, 2018 Oil slipped to a one-week low amid signs that Iranian supply disruptions may not be as severe as expected.
Oil Poised for Fourth Weekly Gain
Friday, October 05, 2018 Oil headed for the longest run of weekly gains since the start of 2018.
Oil and Gas Cyber Attacks Increased in Past Year
Friday, October 05, 2018 Cyber attacks in the oil and gas sector increased over the past year, according to Mike Spear, industrial cyber security global operations director at Honeywell.
Petrochemicals Becoming Largest Oil Demand Drivers
Friday, October 05, 2018 Petrochemicals are becoming the largest drivers of global oil demand, according to a major study by the International Energy Agency.
Canadian Crude Hits Record Low
Friday, October 05, 2018 Canadian crude plunged to a record low relative to US crude.
Tech Expert on Challenges of IIoT in Oil and Gas
Friday, October 05, 2018 According to one technology expert, security is just one of several challenges facing oil and gas companies deploying IIoT strategies.
Crude Oil Futures Down for the Week
Friday, October 05, 2018 The stage could be set for lower prices ahead.
Oil Halts Gain Near 4-Year High
Thursday, October 04, 2018 Oil halted gains on emerging concerns prices have rallied too fast.
Trump Request for Max OPEC Output May Backfire
Thursday, October 04, 2018 The Trump administration is commanding OPEC to run the printing presses at full speed.
Tech Not Making Oil Qualifications Less Important
Thursday, October 04, 2018 Technology is not making oil and gas qualifications less important, according to Jason Urso, vice president and general manager at Honeywell.
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