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Energy Issues

William J. Pike, World Oil

I just finished a remarkably funny, and particularly astute, book that explores the world of marriage in relation to husbands, wives and their employment, among other things.

NuVista Energy provides operational update, Pipestone well test results

NuVista Energy Ltd. has provided a significant operational update, including the startup at Bilbo block--its largest pad drilled to date; powerful IP30 success from Elmworth block high intensity fractured wells (HiFi); the successful and on-time conclusion of the Keyera Simonette gas plant planned turnaround; and the achievement of a compelling well test in our emerging Pipestone block.

Chevron contributes $1 million to Hurricane Irma relief

Chevron has announced a contribution of $1 million from Chevron and the Chevron Global Community Fund to assist with efforts to recover from the damage done by Hurricane Irma.

UN sanctions to cut North Korea's fuel imports as crude keeps flowing

New United Nations sanctions on North Korea will cut imports of fuels such as gasoline and diesel by almost 56% while capping shipments of crude at current levels, according to the U.S.

Hedge funds flip-flop as Harvey shakes up crude market

Harvey’s got hedge funds caught in a whirlwind.

Goldman sees spent Harvey hurting oil use more than raging Irma

As Hurricane Irma continues to leave destruction in its wake across Florida, Goldman Sachs Group Inc. says Harvey, the storm that struck Texas more than two weeks ago, remains a bigger concern for the oil market.

InterMoor wins mooring contract on BP's Mad Dog 2 project

InterMoor, a leading provider of mooring services, foundation solutions and offshore installations in subsea services group Acteon, has been awarded a service contract with Subsea 7 to provide mooring and tow services for BP’s new Mad Dog 2 project.

Oil sinks as Irma imperils demand in gas-thirsty Florida

Oil pared its first weekly gain since July as Hurricane Irma threatened to slash energy demand that had only just begun to recover from the wrath of Harvey.

LLOG Exploration begins execution of Buckskin Project in the deepwater Gulf of Mexico

LLOG Exploration Company, LLC, has announced that the Company and all of its working interest partners have taken several key steps to begin execution of the previously-approved Buckskin Project.

Oil's post-Harvey rally stalls with refinery restarts still iffy

Oil barely budged on Thursday as doubts linger over the restart of refineries that are flickering back to life in the wake of Hurricane Harvey.

API: Pro-growth economic policies will strenghten America's energy infrastructure

API President and CEO Jack Gerard welcomed the President’s commitment to advancing our nation’s energy security through pro-growth tax reform and economic policies during his remarks at a North Dakota oil refinery.

Calima Energy advances its liquids-rich Montney play

Calima Energy Limited continues to advance the liquids rich Montney play and has licensed a high-quality 3D seismic database covering a significant portion of Calima’s landholding.

U.S. said to seek ban at UN on crude oil to North Korea

The U.S. is circulating a draft resolution at the United Nations that would bar crude oil shipments to North Korea, ban the nation’s exports of textiles and prohibit employment of its guest workers by other countries, according to a diplomat at the world body.

Oil for U.S. hawked to others as storm snarls flows of crude

Sellers of crude to U.S. refineries that are still assessing the damage from Hurricane Harvey are seeking an alternative home for their supply.

Oil heads for four-week high as demand for crude rises

Oil approached a four-week high as refiners revved up plants pounded by Hurricane Harvey, sparking demand for crude.

Devon Energy provides preliminary update regarding impact of Hurricane Harvey

Devon Energy Corp. today provided a preliminary update on the impact of Hurricane Harvey to the company’s Eagle Ford operations in South Texas.

Emerald Bay to drill Kuhn 4 well in South Texas' Wooden Horse play

Emerald Bay Energy Inc. has provided an update on the Company’s Wooden Horse play in South Texas.

Energy M&A seen as merely slowed as Houston moves to recovery

Houston’s devastating floods have slowed but not stopped work by M&A bankers at the epicenter of U.S. energy-sector deals.

Canadian Natural Resources buys Cenovus' Pelican Lake project for $787 million

Canadian Natural Resources Ltd. agreed to buy Cenovus Energy Inc.’s Pelican Lake heavy-oil project and other assets in northern Alberta for C$975 million ($788 million), bulking up its operations in the area.

BNK Petroleum reports 405-boed flowrate at Hartgraves 1-6H well in Oklahoma

BNK Petroleum Inc. has announced that the Hartgraves 1-6H well averaged about 405 boed, of which 324 bbl are oil, for the last six days, while still producing back completion fluid.