North America

US State Department To Approve Keystone XL Pipeline Permit

The State Department will approve on March 24 the permit needed to proceed with construction of the Canada-to-U.S. Keystone XL oil pipeline, according to two government sources familiar with the process.

Mar 23 2017 - 10:35am

Enbridge To Cut 1,000 Jobs After Spectra Takeover

 The workforce reductions are a component of the 'synergies' expected over the coming months as it fully integrates the companies, said Enbridge spokesman Todd Nogier.

Mar 23 2017 - 7:50am

DUG Bakken & Niobrara: Moving Molecules; Managing Protests

With the Dakota Access Pipeline coming online there’s plenty of capacity for takeaway from the Bakken and D-J; just mind the message you’re sending, one analyst said.

Mar 22 2017 - 2:01pm

University Of Texas Study Puts Bakken Shale Under A Microscope

A new study presented at DUG Bakken & Niobrara showed good news for the region in spite of lower oil prices.

Mar 22 2017 - 9:11am

Trican To Buy Canyon Services As Shale Drilling Ramps Up

A more than 50% fall in global crude prices since 2014 has triggered a wave of consolidation in the oilfield services industry, which has been battered by a sharp drop in service prices.

Mar 22 2017 - 8:05am

Mammoth Buys Sand Mine In ‘Scramble’ To Meet Proppant Demand

Mammoth also purchased Stingray’s water and cementing businesses from Gulfport Energy and other companies.

Mar 21 2017 - 1:52pm

US Oil Rig Count Rises To 631

Drillers added 14 oil rigs in the week to March 17, bringing the total count up to 631, the most since September 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said March 17. During the same week a year ago, there were 387 active oil rigs.

Mar 17 2017 - 1:17pm

Mexico Postpones Auction Of Excess Transport, Fuel Storage Capacity

 Mexico has postponed an auction of part of state oil company Pemex's excess capacity for transport and fuel storage due to "methodological problems," the Energy Regulatory Commission and Pemex said in a joint statement, Reuters reported.

Mar 16 2017 - 11:19am

CERAWeek: Market Reform’s Role In Moving Molecules To Mexico

Mexico’s commitment to developing a natural gas pipeline system was based on economic sense and is expected to prime the country for growth.

Mar 13 2017 - 9:32am

US Oil Rig Count Rises To Most Since September 2015

The increase came despite a collapse in crude futures this week to a three-month low because the rigs activated this week were based on decisions made a couple of month ago when oil prices were higher.

Mar 10 2017 - 2:04pm