North America

Encana's Fourth-Quarter Profit Beats, Production Rises

Last month Encana said it plans to invest nearly 70% of this budget to boost production in Permian and Montney, as oil investors pressure producers to improve production without significantly increasing capital budgets.

Feb 15 2018 - 8:15am

Low US Natgas Stocks, Pipe Delays May Hamper Exports To Mexico

Cold weather has pushed inventories well below averages for this time of year.

Feb 13 2018 - 10:04am

Recent Cold Convinces New England To Rethink Attitude Toward Pipelines

New England’s overall reception to fossil fuels has defrosted a bit, presenting an opportunity for more Marcellus-Utica gas to move there.

Feb 13 2018 - 5:30am

Shale Powers US Oil Output To Heights Of 1970

U.S. oil production has returned to its record high point, 47 years after the previous peak during the final days of the last Texas oil boom

Feb 1 2018 - 1:01pm

Crestwood’s Phillips: Marcellus-Utica Growth Depends On ‘Getting Projects Out’

Crestwood Equity Partners CEO Robert Phillips opened the Marcellus-Utica Midstream Conference by touting the regions tremendous natural gas potential as well as its regulatory and stability challenges.

Jan 31 2018 - 2:02pm

ExxonMobil Plans Rise In Permian Basin Shale Oil Production

ExxonMobil, the largest U.S. energy group, plans to increase its shale oil production in the Permian Basin of Texas and New Mexico fivefold to 500,000 barrels a day (bbl/d) in 2025, the company said on Jan. 30.

Jan 30 2018 - 1:04pm

IPAA: Financial Markets Boost Access To Capital

To increase production operators still need to access capital on relatively short timeframes.

Jan 30 2018 - 6:00am

Canada Poised To Be Next Frontier For Shale Oil

Canadian producers and global oil majors are increasingly exploring the Duvernay and Montney formations, which they say could rival the most prolific U.S. shale fields.

Jan 29 2018 - 8:25am

Russian Energy Minister Says US Sanctions Against His Officials 'Unlawful'

Newly-imposed U.S. sanctions against two Russian energy ministry officials are “unlawful” and Moscow will seek explanations from Washington, Russian Energy Minister Alexander Novak said on Saturday, according to local news agencies.

Jan 29 2018 - 7:57am

IPAA Panel Dishes On Deal Flow, Capital

Industry veterans share keys to success in today’s market.

Jan 29 2018 - 7:40am