North America

Halliburton Revenue Jumps On Higher N. American Demand

Oilfield services provider Halliburton Co. reported a 34% jump in first-quarter revenue on April 23 as rising oil prices prompted North American companies to boost oil and gas production.

Apr 23 2018 - 9:20am

Kinder Morgan Canada Sees Continued Risk On Oil Pipeline Expansion

UPDATE - Kinder Morgan said while it is not in a position to move on takeovers until the uncertainty around Trans Mountain is resolved, it sees good opportunities in the western Canadian midstream space.

Apr 18 2018 - 4:10pm

Oil, Gas Producers Continue To Hedge Production

Oil and gas producers are continuing to hedge production, according to a recent survey authored by Opportune Managing Director Shane Randolph and Senior Consultant Josh Schulte.

Apr 11 2018 - 2:43pm

Devon Energy Will Lay Off 9% Of Staff To Boost Returns

Devon, like many of its shale peers, has come under pressure from Wall Street in recent months to focus less on production and more on ways to boost shareholder returns.

Apr 10 2018 - 1:20pm

Cation Capital Targets Board Seats At Crescent Point Energy

Crescent Point, in return, said Cation's last-minute demand was unreasonable and reckless, adding that the firm "appears to have been created for the sole purpose of creating conflict and havoc."

Apr 10 2018 - 7:30am

Energy Transfer Says Third-Party Service Provider Hit By Cyber Attack

Operations are not affected, Energy Transfer says: Latitude Technologies says it has completed initial restoration of its EDI services.

Apr 3 2018 - 9:28am

Pemex Signs Shale Contract With Lewis Energy In Northern Mexico

Pemex said it expected the contract in the Olmos Field, located in the northern border state of Coahuila, to yield investment of $617 million, aiming to reach daily production of about 117 million cubic feet of gas by 2021.

Mar 26 2018 - 2:09pm

Mexican President Defends Energy Reform From Leftist's Attacks

Mexico’s president on March 22 defended his decision to open the energy sector against attacks from the man currently favoured  to succeed him, saying a rollback of the measure could cost the country billions of dollars in lost investment.

Mar 23 2018 - 8:37am

US Rig Count Up Six to 990

U.S. rig count is up six rigs from last week to 990, with oil rigs up 4 to 800, gas rigs up 1 to 189, and miscellaneous rigs up 1.

Mar 16 2018 - 1:14pm

OPEC Forecasts Faster Crude Output Growth From Rivals

The oil cartel revised up its forecast for supply growth from outside OPEC in 2018 on March 14 and now sees rivals adding barrels to the market at a faster pace than demand will rise.

Mar 14 2018 - 8:15am