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Oil and Gas Experts Have an Important Role in Setting Out a Realistic Energy Future – Stewart Muir

By Stewart Muir on  EnergyNow August 23, 2019 Intolerance for the development and use of hydrocarbons is one of the defining factors of the current time. Much of this is channeled through pressures on industry and government to adopt climate-related policies making it ever more difficult to work with the most reliable and abundant energy … Read moreOil and Gas Experts Have an Important Role in Setting Out a Realistic Energy Future – Stewart Muir

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The Energy Industry’s Blockchain Evolution – Koleya Karringten

by Koleya Karringten Taking a chance on implementing a new technology is a difficult step for any industry, and this becomes even more challenging in tough economic conditions. When R&D dollars are limited and companies want to avoid downside risk as much as possible, the idea of disrupting the status quo by bringing in a … Read moreThe Energy Industry’s Blockchain Evolution – Koleya Karringten

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U.S. oil rig count at Jan 2018 low in deepest cut since April: Baker Hughes

(Reuters) – U.S. energy firms this week cut the most oil rigs in about four months, with the rig count falling to the lowest since January 2018, as producers cut spending on new drilling and completions. Drillers cut 16 oil rigs in the week to Aug. 23, the deepest cut since the week of April … Read moreU.S. oil rig count at Jan 2018 low in deepest cut since April: Baker Hughes

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Canada Weekly Rig Count Down 3 for Week Ending August 23, 2019

Canada’s drilling rig count is down 3 actively drilling rigs according to data collected by Baker Hughes for the week ending August 23, 2019 From one week ago, Alberta rig counts decreased 1 to 94 and the Saskatchewan rig count decreased 3 to 32. Oil drilling decreased 6 to 95 and gas increased 3 to … Read moreCanada Weekly Rig Count Down 3 for Week Ending August 23, 2019

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Nebraska Supreme Court Affirms Keystone XL Route Approval

Keystone XL pipeline

August 23, 2019 Globe Newswire OMAHA, Neb., Aug. 23, 2019 (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced the Nebraska Supreme Court has affirmed the November 2017 decision by the Nebraska Public Service Commission that approved the Keystone XL Pipeline route through the state. “The Supreme Court decision … Read moreNebraska Supreme Court Affirms Keystone XL Route Approval

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Oil Sinks as China Retaliation in Trade War Spurs Demand Fears

By Grant Smith Updated on Aug 23, 2019 (Bloomberg) Oil tumbled in New York, erasing this week’s gain, as China’s retaliation against U.S. tariffs spurred fears the trade war will deal an even bigger blow to demand.Futures fell 3.1%, turning what had been a weekly gain into a loss of 2.3%. China will impose additional levies on … Read moreOil Sinks as China Retaliation in Trade War Spurs Demand Fears

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Five Things to Know in World Business Today

By Laura Curtis  Aug 23, 2019 (Bloomberg) Powell’s speech due, Macron has hopes for the G-7, and Hong Kong is causing global worries. Here are some of the things people in markets are talking about today. Fed Features You may have heard by now that Federal Reserve Chairman Jerome Powell is going to speak in a place called … Read moreFive Things to Know in World Business Today

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Enerflex Announces Appointment of Sanjay Bishnoi as Senior Vice President and Chief Financial Officer and David Izett as Senior Vice President, General Counsel

August 23, 2019 | Source: Enerflex Ltd. CALGARY, Alberta, Aug. 23, 2019 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX:EFX) (“Enerflex” or the “Company”) announced today the appointment of Sanjay Bishnoi as Senior Vice President and Chief Financial Officer and David H. Izett as Senior Vice President, General Counsel, effective September 9, 2019. Mr. Bishnoi is a proven Chief … Read moreEnerflex Announces Appointment of Sanjay Bishnoi as Senior Vice President and Chief Financial Officer and David Izett as Senior Vice President, General Counsel

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Precision Announces Approval of Normal Course Issuer Bid

Precision-Drilling-Feature

August 23, 2019 | Source: Precision Drilling Corporation CALGARY, Alberta, Aug. 23, 2019 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For important information with respect to such forward-looking information and statements and the further assumptions and risks to which they are subject, see the “Cautionary Statement … Read morePrecision Announces Approval of Normal Course Issuer Bid

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‘Noise’ makes Trans Mountain pipeline bid unlikely: Pembina CEO

August 21, 2019 The Canadian Press The CEO of Pembina Pipeline Corp. says the Trans Mountain pipeline system would fit neatly into his company’s business model but he wouldn’t want the “noise” associated with its controversial expansion project. On a conference call to discuss his company’s agreement announced Wednesday to purchase Kinder Morgan Canada Ltd., … Read more‘Noise’ makes Trans Mountain pipeline bid unlikely: Pembina CEO

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The $30 Billion Exodus: Foreign Oil Firms Are Bailing on Canada

By Kevin Orland (Bloomberg) Capital keeps marching out of Canada’s oil industry, with Kinder Morgan Inc.’s sale of its remaining holdings in the country on Wednesday adding to more than $30 billion of foreign-company divestitures in the past three years.Pembina Pipeline Corp., based in Calgary, is snapping up Kinder’s Canadian assets and a cross-border pipeline … Read moreThe $30 Billion Exodus: Foreign Oil Firms Are Bailing on Canada

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Chevron Canada’s Artificial Lift Specialist, Allan Antonio, Joins The Artificial Lift & Production Optimization Western Canada Speaker Line-Up

Early Bird Discount Ends August 23 – Click Here To Register & Save $200 2019 Event Brochure Released – Click Here To Download The 2nd Annual Artificial Lift & Production Optimization: Western Canada 2019 provides you with the opportunity to hear exclusive case studies given by leading operators from across Western Canada, exploring the techniques … Read moreChevron Canada’s Artificial Lift Specialist, Allan Antonio, Joins The Artificial Lift & Production Optimization Western Canada Speaker Line-Up

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Clearview Reports Second Quarter Results and Operations Update

August 22, 2019 CNW Adjusted funds flow of $1.3 million, $5.98 per barrel of oil equivalent (“boe”), in the second quarter, up 89% from the comparative quarter of 2018 and $3.3 million of adjusted funds flow for the six months ended June 30, 2019, up 228%, versus the comparative six months of 2018 Reduced net debt by $1.9 million to $16.3 million at June 30, 2019 resulting … Read moreClearview Reports Second Quarter Results and Operations Update

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Bonterra Energy Corp. Provides Update on Fluid Release at Central Alberta Well Site

August 22, 2019 CNW CALGARY, Aug. 22, 2019 /CNW/ – Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) (“Bonterra” or the “Company”) today provides an update on the previously reported release of emulsion related to a pipeline that severed on August 15, 2019 after a creek bank collapsed as a result of area flooding approximately 25 km southwest of Drayton Valley, AB. The … Read moreBonterra Energy Corp. Provides Update on Fluid Release at Central Alberta Well Site

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Five Things to Know in World Business Today

By Laura Curtis Aug 22, 2019 (Bloomberg) Traders are waiting for Powell, manufacturing in Europe gives ammo for bulls and bears, and Boris Johnson is on a Brexit tour of Europe. Here are some of the things people in markets are talking about today. Powell up Investors around the globe are waiting with bated breath for … Read moreFive Things to Know in World Business Today

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Oil Climbs as Traders Await Signs on U.S. Monetary Policy

By Saket Sundria and Grant Smith Aug 22, 2019 (Bloomberg) Oil recovered after its first drop this week as attention turned from expanding American fuel stockpiles to the prospects for monetary easing as the world’s top central bankers gather in Jackson Hole, Wyoming. Futures added 1.2% to trade above $56 a barrel in New York. … Read moreOil Climbs as Traders Await Signs on U.S. Monetary Policy

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OPEC plan to balance the oil market hinges on third quarter

By Julian Lee Aug 22, 2019 (Bloomberg) The current quarter will be key in shaping the oil supply/demand balances for 2019, according to the latest outlooks from the world’s three major oil-forecasting agencies. If the big inventory draws they expect fail to materialize, OPEC’s goal of pulling down excess stockpiles will be delayed again.The International Energy … Read moreOPEC plan to balance the oil market hinges on third quarter

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Battle for Aramco IPO Heats Up as Exchanges Vie for Supremacy

By Dinesh Nair Aug 22, 2019 (Bloomberg) The largest global stock exchanges have restarted efforts to court Saudi Aramco as the battle to host the world’s biggest-ever initial public offering heats up again, people with knowledge of the matter said.Top officials from London Stock Exchange Group Plc, the New York Stock Exchange and Hong Kong Exchanges & … Read moreBattle for Aramco IPO Heats Up as Exchanges Vie for Supremacy

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Alberta’s smaller oil producers eye output boost after curbs lifted

August 21, 2019 Reuters Small and mid-sized Alberta oil producers are looking to increase drilling as early as this autumn after the Canadian province exempted a dozen of them from government-mandated oil production cuts, boosting the struggling industry.On Tuesday, the new United Conservative Party government extended curtailments through 2020, citing a delay to Enbridge Inc’s Line … Read moreAlberta’s smaller oil producers eye output boost after curbs lifted

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Hemisphere Energy Announces Second Quarter 2019 Financial and Operating Results

August 21, 2019 CNW Hemisphere Energy Corporation (TSX-V: HME) (“Hemisphere” or the  “Company”) announces its financial and operating results for the three months and six months ended June 30, 2019. Q2 2019 HIGHLIGHTS Achieved record revenue of $7.4 million, an increase of 32% over the second quarter of 2018. Realized quarterly funds flow from operations of $2.6 million, a … Read moreHemisphere Energy Announces Second Quarter 2019 Financial and Operating Results

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Razor Energy Corp. Announces Strategic Acquisition and Second Quarter 2019 Results

August 21, 2019 Globe Newswire CALGARY, Alberta, Aug. 21, 2019 (GLOBE NEWSWIRE) — Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) is pleased to announce a strategic acquisition with Little Rock Resources Ltd. (“Little Rock”) and its second quarter 2019 financial and operating results. Selected financial and operational information is outlined below and should be … Read moreRazor Energy Corp. Announces Strategic Acquisition and Second Quarter 2019 Results

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geoLOGIC Acquires TOP Analysis, Thermal Oilsands’ Provider of Critical Information & Competitive Intelligence

geologic-feature

CALGARY, August 20, 2019 – geoLOGIC systems ltd. (geoLOGIC) today announced that it has purchased TOP Analysis ltd. (TOP Analysis), a provider of Canadian thermal oilsands critical information & competitive intelligence through an easy to use SaaS platform available to all disciplines. Founded in 2013, TOP Analysis has fundamentally changed the way in which companies … Read moregeoLOGIC Acquires TOP Analysis, Thermal Oilsands’ Provider of Critical Information & Competitive Intelligence

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GET INVOLVED! EnergyNow.ca Launches ENERGY STRONG CANADA GoFundMe Awareness & Advocacy Campaign – DETAILS & CONTRIBUTE HERE

WE NEED YOUR HELP!  PLEASE CONTRIBUTE HELP EMPOWER & UNITE CANADIANS With Factual Information About  the Canadian Energy Industry   August 21, 2019 Calgary, Alberta Enerpoint iMedia Corp. EnergyNow.ca (Enerpoint iMedia Corp.) is Pleased to Announce the Launch of an “ENERGY STRONG” Canada GOFUNDME Awareness/Advocacy Campaign.  CLICK HERE TO CONTRIBUTE The ENERGY STRONG Canada  GOFUNDME … Read moreGET INVOLVED! EnergyNow.ca Launches ENERGY STRONG CANADA GoFundMe Awareness & Advocacy Campaign – DETAILS & CONTRIBUTE HERE

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Trans Mountain puts contractors on notice to get ready for pipeline restart

SHERWOOD PARK, Alta. — Trans Mountain Corp. has advised construction contractors to get ready for the restart of its pipeline expansion project to the west coast.
Trans Mountain says its directive gives contractors 30 days to ready equipment, start hi…

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What A Revamped Alberta Energy Regulator (AER) SHOULD Look Like (After a Little History) – David Yager

By David Yager August 20, 2019 Alberta’s UCP government has pledged to review and repair the Alberta Energy Regulator (AER). During the spring election the UCP campaigned on replacing the AER’s board of directors. By July this had expanded into a complete review. A comprehensive evaluation of what the AER is and should be doing … Read moreWhat A Revamped Alberta Energy Regulator (AER) SHOULD Look Like (After a Little History) – David Yager

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Elections Canada aids in outing Foreign Funded Environmental lobbyists- Targeting foreign interference in the Federal election – Maureen McCall

by Maureen McCall This week news came out that Elections Canada issued a directive that to run election ads about climate change, environmental groups will have to follow rules. It’s a great development that groups who claim the right to circumvent rules are being reined in. In fact, the directive only requires those groups to … Read moreElections Canada aids in outing Foreign Funded Environmental lobbyists- Targeting foreign interference in the Federal election – Maureen McCall

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Five Things to Know in World Business Today

By Lorcan Roche Kelly Aug 21, 2019 (Bloomberg)  Trump says the U.S. is very far from a recession, Fed minutes are due later, and Germany tests the bond market. Here are some of the things people in markets are talking about today. No stimulus, yet President Donald Trump said that he is open to a range of … Read moreFive Things to Know in World Business Today

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Oil Steadies as Drop in U.S. Stockpiles Tempers Economic Worries

Oil-Prices

By Saket Sundria and Grant Smith Aug 21, 2019 (Bloomberg) Oil held steady after a reported drop in U.S. crude inventories alleviated some of traders’ concern that slowing economic growth will diminish demand.Futures were little changed above $56 a barrel in New York on Wednesday. The American Petroleum Institute reported a 3.45 million-barrel decline last … Read moreOil Steadies as Drop in U.S. Stockpiles Tempers Economic Worries

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U.S. Seen as Climate Risk With Two-Thirds of New Oil and Gas

Climate Change

By Alex Nussbaum Aug 20, 2019 (Bloomberg) The U.S. will account for for almost two-thirds of the world’s new oil and natural gas output in the decade ahead, making it a critical obstacle to stopping climate pollution, a London-based advocacy group says.Propelled by the shale boom, the U.S. will pump out the equivalent of 88.9 billion … Read moreU.S. Seen as Climate Risk With Two-Thirds of New Oil and Gas

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Bellatrix Announces Executive Management Changes

August 21, 2019 | Source: Bellatrix Exploration Ltd. CALGARY, Alberta, Aug. 21, 2019 (GLOBE NEWSWIRE) — Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX: BXE) announces that Mr. Maxwell Lof will be resigning from his position as the Company’s Executive Vice President & Chief Financial Officer, effective August 31, 2019, to focus on ongoing health issues. … Read moreBellatrix Announces Executive Management Changes

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The Serious Side of Slips Trips and Falls – AB Canada

How many times have you stubbed your toe, lost your footing or taken a tumble and either berated yourself for clumsiness or cursed your coworkers for dishevelled work areas, and then simply walked away? If you can count more than once, you’re not alone but you’re not in good company either. Sadly, this is a … Read moreThe Serious Side of Slips Trips and Falls – AB Canada

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XI Technologies: How the scheduling and discounting of liabilities affects end of life cost estimates

Each week, XI Technologies scans their unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you’d like to receive our Wednesday Word to the Wise in your inbox, subscribe here.  For the past month, our Wednesday Word to the Wise series has … Read moreXI Technologies: How the scheduling and discounting of liabilities affects end of life cost estimates

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Black Powder Contamination Introduction: Formation, Composition, Facility Impacts

Black Powder Solutions Feature Logo 400x270

  “Black PowderTM” (black powder) contamination is a widely used term for a highly pervasive particulate contamination found in all hydrocarbon facilities and pipelines, water systems, petrochemical powders, and other fluid and gas systems.  It has many other names, such as black dirt, sludge, shoe polish, brown dirt, rouge and black sand, among others.  It … Read moreBlack Powder Contamination Introduction: Formation, Composition, Facility Impacts

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Oil market starts to rebalance at lower prices

August 20, 2019 Global oil consumption is falling at the fastest rate for almost five years as manufacturing activity and trade flows slip around the world and vehicle production tumbles. Demand in the top 18 consuming countries, each using more than 1 million barrels per day (bpd), fell by almost 0.2% in the three months … Read moreOil market starts to rebalance at lower prices

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Li Ka-shing’s Husky Bet Has Lost Over 80% in a Decade

Husky-Energy

Hong Kong billionaire Li Ka-shing’s oil sands investment is hurting — and some analysts are calling on him to stop the bleeding.Shares of Calgary-based Husky Energy Inc. have plummeted over 80% since its 2008 peak on a myriad of reasons: a slump in oil prices, a dividend suspension, a production cut due to a close … Read moreLi Ka-shing’s Husky Bet Has Lost Over 80% in a Decade

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U.S. removed almost 2.7 mln barrels of Iranian oil from market

August 20, 2019 Reuters The United States has removed nearly 2.7 million barrels of Iranian oil from global markets as a result of Washington’s decision to reimpose sanctions on all purchases of Iran’s crude, U.S. Secretary of State Mike Pompeo said on Tuesday. In an interview with MSNBC, Pompeo said the U.S. government was confident it … Read moreU.S. removed almost 2.7 mln barrels of Iranian oil from market

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Oil Steadies as U.S.-China Trade Progress Allays Demand Concerns

By Saket Sundria and Grant Smith Aug 20, 2019 Oil steadied near $56 a barrel as hints of a trade detente between the U.S. and China, along with the prospect of monetary stimulus, buoyed financial markets.Futures gained as much as 0.6% in New York after settling 2.4% higher on Monday. U.S. Commerce Secretary Wilbur Ross … Read moreOil Steadies as U.S.-China Trade Progress Allays Demand Concerns

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Five Things to Know in World Business Today

By Lorcan Roche Kelly Aug 20, 2019 (Bloomberg) Volcker rule changes, Boris Johnson’s bid to renegotiate Brexit, and today’s corporate news is brought to you by the letter A. Here are some of the things people in markets are talking about today. Easing the rules Wall Street regulators will roll out “Volcker 2.0,” an update to … Read moreFive Things to Know in World Business Today

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Connacher Announces Q2 2019 Results

August 19, 2019 Newswire CALGARY, Aug. 19, 2019 /CNW/ – Connacher Oil and Gas Limited (“Connacher” or the “Company”) announces its financial and operating results for the three and six months ended June 30, 2019 (“Q2 2019”) (all amounts are in Canadian dollars unless otherwise noted). Q2 2019 Highlights Financial Q2 2019 and YTD 2019 revenue, net of royalties, increased … Read moreConnacher Announces Q2 2019 Results

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Exxon says production shut at Hibernia oil platform after power outage

August 19, 2019 Reuters Production is shut down at the 220,000-barrel-per-day Hibernia oil platform off the coast of eastern Canada, Hibernia’s largest shareholder ExxonMobil Corp said on Monday, after a temporary power cut led to oil and water leaking into the ocean. Exxon estimated around 14 barrels of oil leaked. It is the second spill in … Read moreExxon says production shut at Hibernia oil platform after power outage

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Join CNRL, Nova Chemical, Wood and Shell on 23rd Aug 9 AM MDT at our “Optimizing work scope and turnaround planning” Webinar

Downstream-Canada-2019-400x270 Feature

What you can expect: Scope management: Best practices for defining objectives, aligning personnel and finalizing your scope inclusion criteria Turnaround excellence: Intertwine Lean Core Concepts and Rapid Kaizen to streamline turnaround execution Contracting strategies: Fostering a culture of collaboration highlighting the importance of early contractor engagement    

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Equalization: Statement from Premier Kenney – In Response to Quebec Premier Francois Legault

Premier Jason Kenney issued the following statement in response to Quebec Premier Francois Legault’s comments on equalization: “Quebec Premier François Legault’s comments reflect a misunderstanding of the history of equalization, and Alberta’s demand for fairness in the federation. “Equalization has not ‘been in the Constitution since Day 1 of Canada.’ The principle of equalization was … Read moreEqualization: Statement from Premier Kenney – In Response to Quebec Premier Francois Legault

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Saudi Aramco asks banks to pitch for roles in planned IPO-sources

August 19, 2019 Reuters Saudi Aramco has formally asked major banks to submit proposals for potential roles in its planned initial public offering, two sources with direct knowledge of the matter said. Aramco’s planned IPO, which could potentially raise $100 billion, is the centrepiece of Saudi Arabia’s economic transformation drive to attract foreign investment and diversify … Read moreSaudi Aramco asks banks to pitch for roles in planned IPO-sources

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MEG Energy complains to Canada regulator over proposed Enbridge pipeline changes

MEG Energy Logo Feature

August 19, 2019 Reuters Oil sands producer MEG Energy has written to Canada’s energy regulator to oppose pipeline company Enbridge Inc’s plan to introduce long-term fixed volume contracts on its Mainline system. MEG’s open letter to the National Energy Board regulator, filed on Friday, makes it the largest producer so far to call for Enbridge to … Read moreMEG Energy complains to Canada regulator over proposed Enbridge pipeline changes

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Bonterra Energy Corp. Reports Fluid Release at Central Alberta Well Site

August 19, 2019 CNW Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) (“Bonterra” or the “Company”) reports that the Company has identified, responded to, and is addressing, a release of emulsion related to a pipeline that severed following a creek bank collapse due to recent flooding approximately 25 km southwest of Drayton Valley, AB. On the afternoon of August 15, … Read moreBonterra Energy Corp. Reports Fluid Release at Central Alberta Well Site

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COMMENTARY: Saudi Arabia Makes a Promise That It Just Can’t Keep: Julian Lee

By Julian Lee Aug 18, 2019 (Bloomberg Opinion) Saudi Arabia isn’t as willing to do whatever it takes to support oil prices as it would have us believe. That’s the only conclusion one can draw from what we’ve learnt since a government official said the kingdom wouldn’t tolerate a continued price slide.After crude fell to a seven-month … Read moreCOMMENTARY: Saudi Arabia Makes a Promise That It Just Can’t Keep: Julian Lee

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Blockchain Is Gunning for Oil and Gas – Geoffrey Cann

By Geoffrey Cann With the latest ramp in media stories about Facebook exploring the use of blockchain for its platform, I thought it timely to revisit how oil and gas could take advantage of this technology. What exactly is blockchain? Blockchain is a digital solution to one of modern society’s basic problems – that we can’t always trust everyone, or that we shouldn’t. Think about it … Read moreBlockchain Is Gunning for Oil and Gas – Geoffrey Cann

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Oil Rises as Drone Attack on Saudi Field Stokes Mideast Fears

By Saket Sundria and Grant Smith  Aug 19, 2019 (Bloomberg) —Oil rose for a second day as a drone attack on a Saudi Arabian oil field revived concerns that the tense Middle East political situation may jeopardize crude exports.Futures in New York advanced 0.6% to trade near $55 a barrel. Yemeni rebels attacked oil and gas facilities … Read moreOil Rises as Drone Attack on Saudi Field Stokes Mideast Fears

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Eye on Energy: Stock Markets Get Shafted Last Week – Josef Schachter

    Each week Josef Schachter will give you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 34 energy and energy service companies with regular updates. He holds quarterly subscriber webinars and provides Action BUY … Read moreEye on Energy: Stock Markets Get Shafted Last Week – Josef Schachter

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Coal-Loving Australia Is Third Biggest Emissions Exporter

Aug 18, 2019 (Bloomberg) Australia’s booming coal industry has made it the world’s third-biggest exporter of potential carbon dioxide emissions locked in fossil fuels, placing it only behind oil giants Russia and Saudi Arabia.Australia makes up 7% of all global fossil fuel exports by carbon dioxide potential, as it accounts for almost one-third of the … Read moreCoal-Loving Australia Is Third Biggest Emissions Exporter

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Petroteq Achieves Milestones in Emerging International Opportunities

August 19, 2019  | Source: Petroteq Energy Inc. Receives Positive Lab Results on the Recovery of Oil from International Ore Samples Successful Testing Completed proving Oil Extraction and Recovery with QEM SHERMAN OAKS, Calif., Aug. 19, 2019 (GLOBE NEWSWIRE) — Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV:PQE; OTC:PQEFF; FSE: PQCF), a fully integrated surface oil sands … Read morePetroteq Achieves Milestones in Emerging International Opportunities

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Saturn Oil & Gas Announces Second Half 2019 Drilling Program, Option Grant and Updated Corporate Presentation

August 19, 2019  | Source: Saturn Oil + Gas Inc CALGARY, Alberta, Aug. 19, 2019 (GLOBE NEWSWIRE) — Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSXV: SOIL) (FSE: SMK) is pleased to confirm the commencement of its second half 2019 drilling program, an option grant and that an updated corporate presentation has been posted … Read moreSaturn Oil & Gas Announces Second Half 2019 Drilling Program, Option Grant and Updated Corporate Presentation

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Precision Announces Reduced 2019 Capital Expenditure Plan and Board Approval of Normal Course Issuer Bid

Precision-Drilling-Feature

August 19, 2019 | Source: Precision Drilling Corporation CALGARY, Alberta, Aug. 19, 2019 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For important information with respect to such forward-looking information and statements and the further assumptions and risks to which they are subject, see the “Cautionary … Read morePrecision Announces Reduced 2019 Capital Expenditure Plan and Board Approval of Normal Course Issuer Bid

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Big Six Bank Earnings in Focus After Volatile Week in Canada

By Divya Balji Aug 19, 2019 (Bloomberg) Investors will turn their focus to the first two of the Big Six banks to report fiscal third-quarter results after a week that roiled Canada’s equity and bond markets. The nation’s biggest lenders make up about 23% of the S&P/TSX Composite Index and on an average total return … Read moreBig Six Bank Earnings in Focus After Volatile Week in Canada

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Five Things to Know in World Business Today

By Lorcan Roche Kelly Aug 19, 2019 Trump says U.S. is still talking with China, investors ready for a week of central bank speculation, and European politics are still a mess. Here are some of the things people in markets are talking about today. No deal… yet President Donald Trump said the U.S. is “doing very well … Read moreFive Things to Know in World Business Today

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U.S. Oil Companies Persuade States to Make Pipeline Protests a Felony

By Jennifer A. Dlouhy Aug 19, 2019 (Bloomberg) After protesters disrupted construction of an oil pipeline in North Dakota by chaining themselves to construction equipment and pitching tents along the route, oil and chemical companies found a way to keep it from happening again. They made it a crime. The companies, including Koch Industries Inc., … Read moreU.S. Oil Companies Persuade States to Make Pipeline Protests a Felony

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OPEC sees bearish oil outlook for rest of 2019, points to 2020 surplus

August 16, 2019 Reuters OPEC delivered a downbeat oil market outlook for the rest of 2019 on Friday as economic growth slows and highlighted challenges in 2020 as rivals pump more, building a case to keep up an OPEC-led pact to curb supply. In a monthly report, the Organization of the Petroleum Exporting Countries cut its … Read moreOPEC sees bearish oil outlook for rest of 2019, points to 2020 surplus

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Battery Startup With $4.5 Billion Plan Has Vision for Nordic Hub

By Mikael Holter Aug 18, 2019 (Bloomberg) Freyr AS, a startup planning to build one of Europe’s first battery gigafactories in Norway, has a bigger vision for the region: a “Nordic Battery Belt.”The Norwegian company is still gathering approvals, technology licenses and funding for its initial, 40 billion-krone ($4.5 billion) project in northern Norway. But … Read moreBattery Startup With $4.5 Billion Plan Has Vision for Nordic Hub

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Oilsands firms considering diluent recovery units to boost crude-by-rail volumes

CALGARY — Ongoing pipeline project delays and growth in crude-by-rail capacity from Western Canada are leading some oilsands producers to consider spending billions of dollars to build diluent recovery units.
Oilsands bitumen is a thick, sticky oil wh…

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HY-LOK CANADA: YOUR SOURCE FOR LEADING DOUBLE BLOCK AND BLEED VALVES

Hy-Lok Logo Feature 1 400x270

Are you looking to protect your fluid control system and ensure a leakproof seal by installing block and bleed valves? Hy-Lok Canada is a leading producer of high quality fitting and valve components for broad clientele base across the company, and spanning the international market. With a focus on innovative design, one of the largest … Read moreHY-LOK CANADA: YOUR SOURCE FOR LEADING DOUBLE BLOCK AND BLEED VALVES

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Husky to resume full production at White Rose field

August 16, 2019 Reuters Husky Energy Inc said on Friday it would resume production from the last two shut-in drill centers at its White Rose field, which was shutdown last year after an oil spill off the Atlantic Coast.The Canadian oil and gas producer said it will now begin an orderly restart process and expects to … Read moreHusky to resume full production at White Rose field

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OPEC sees bearish oil outlook for rest of 2019, points to 2020 surplus

August 16, 2019 Reuters OPEC delivered a downbeat oil market outlook for the rest of 2019 on Friday as economic growth slows and highlighted challenges in 2020 as rivals pump more, building a case to keep up an OPEC-led pact to curb supply. In a monthly report, the Organization of the Petroleum Exporting Countries cut its … Read moreOPEC sees bearish oil outlook for rest of 2019, points to 2020 surplus

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BP publishes LNG contract templates to push industry standardization

August 16, 2019 Reuters Global oil and gas major BP has published its master sales and purchase contract templates for its liquefied natural gas (LNG) trading business and says it is the first of its peers to do so. BP , which has a global LNG portfolio made up of volumes it has produced or bought, … Read moreBP publishes LNG contract templates to push industry standardization

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Perpetual Energy Inc. Receives Favourable Decision Relating to the Ongoing Sequoia Litigation

August 16, 2019 CNW Perpetual Energy Inc. (“Perpetual” or the “Company”) is pleased to announce that the Alberta Court of Queen’s Bench (the “Court”) has dismissed and struck all but one of the claims filed by PriceWaterhouseCoopers Inc. LIT (“PWC”), in its capacity as trustee in bankruptcy of Sequoia Resources Corp. (“Sequoia”) against Perpetual and Sue Riddell Rose, the … Read morePerpetual Energy Inc. Receives Favourable Decision Relating to the Ongoing Sequoia Litigation

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Bid for Inter Pipeline highlights Canada’s oil sector bright spot

August 16, 2019 Reuters A recent unsolicited bid for Inter Pipeline Ltd has highlighted the potential of Canada’s midstream companies to offer insulation from volatile oil prices. Inter Pipeline, Pembina Pipeline Corp and Keyera Corp own key infrastructure such as gathering pipelines, gas-processing plants and storage tanks that are in high demand, and reported record … Read moreBid for Inter Pipeline highlights Canada’s oil sector bright spot

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Five Things to Know in World Business Today

By Laura Curtis Aug 16, 2019 (Bloomberg) Fed in focus after choppy week, oil got caught up in some messy politics, and the economic data is actually pretty good. Here are some of the things people in markets are talking about today. Fed watch At the tail end of a wild week in markets, it’s back to Fed … Read moreFive Things to Know in World Business Today

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Windmills and Batteries to Attract Billions in the Green Energy Revolution – The New Energy Landscape

By BloombergNEF and Bloomberg News Aug 15, 2019 The renewable energy transition promises to reduce carbon emissions, but it’s happening at different speeds around the world. Read on for some key insights from BloombergNEF’s New Energy Outlook 2019, which provides a detailed road map to the future. 1. The Old World Will Move the Fastest … Read moreWindmills and Batteries to Attract Billions in the Green Energy Revolution – The New Energy Landscape

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Oil Heads for Weekly Gain as Trade War Headlines Whipsaw Market

By Sharon Cho and Grant Smith Aug 16, 2019 (Bloomberg) Oil headed for a weekly increase as hopes that the U.S. and China could resume negotiations to resolve their trade dispute capped a week of volatile trading.Futures added as much as 1.7% on Friday in New York, bringing their gain for the week to 1.4%. … Read moreOil Heads for Weekly Gain as Trade War Headlines Whipsaw Market

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Column: Canada’s dependence on imported fossil fuels reaches a whole new level – Stewart Muir

August 15, 20196:27 AM Stewart Mu It’s already well known that eastern Canada has been using a lot of hard-earned foreign exchange to buy crude oil from faraway places like Saudi Arabia, instead of sourcing it from parts of our own country where it is abundant. Lack of in-country pipelines to facilitate this internal trade is … Read moreColumn: Canada’s dependence on imported fossil fuels reaches a whole new level – Stewart Muir

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Increasing Pipeline Construction Profit with Technology – Aimsio

Critical Need for New Pipelines Oil production in the Permian Basin has passed 4 million barrels a day, but because of pipeline constraints, it’s selling at a discount. Transport bottlenecks are also to blame for low natural gas prices, resulting in reduced production and flaring  of 661 million cubic feet per day – an all-time high. The pressure on … Read moreIncreasing Pipeline Construction Profit with Technology – Aimsio

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Heavy differential widens as trade cycle wraps up

August 15, 2019 Reuters The Canadian heavy crude discount widened against benchmark West Texas Intermediate (WTI) futures on Thursday, the last day of the monthly trade cycle: * Western Canada Select (WCS) heavy blend crude for September delivery in Hardisty, Alberta, last traded at $12.15 per barrel below WTI, according to Net Energy Exchange. On Wednesday … Read moreHeavy differential widens as trade cycle wraps up

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Altura Energy Inc. Announces Second Quarter 2019 Financial and Operating Results

August 15, 2019 Globe Newswire Altura Energy Inc. (“Altura” or the “Corporation”) (TSXV: ATU) is pleased to announce its financial and operating results for the three and six months ended June 30, 2019.  The unaudited interim condensed consolidated financial statements and related management’s discussion and analysis (“MD&A”) are available at www.sedar.com and www.alturaenergy.ca.  Selected financial and operating information … Read moreAltura Energy Inc. Announces Second Quarter 2019 Financial and Operating Results

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Pipestone Energy Corp. Appoints Chief Operating Officer and Closing of the Previously Announced Midstream Transaction

August 15, 2019 Globe Newswire CALGARY, Alberta, Aug. 15, 2019 (GLOBE NEWSWIRE) — Pipestone Energy Corp. (“Pipestone Energy”) (TSX-V: PIPE) announces the appointment of Dustin Hoffman as Chief Operating Officer (COO) to be effective September 9, 2019. Mr. Hoffman has over 25 years of professional experience, at Encana Corporation and its predecessor companies, where he held … Read morePipestone Energy Corp. Appoints Chief Operating Officer and Closing of the Previously Announced Midstream Transaction

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Cordy Oilfield Services Inc. Reports Second Quarter 2019 Results

August 15, 2019 | Source: Cordy Oilfield Services Inc. CALGARY, Alberta, Aug. 15, 2019 (GLOBE NEWSWIRE) — CORDY OILFIELD SERVICES INC. (the “Corporation” or “Cordy”) (CKK: TSX-V) released today its second quarter 2019 results.   Three  months ended June 30, Six  months ended June 30, ($ 000’s) 2019 2018 ($) Change 2019 2018 ($) Change Revenue Environmental … Read moreCordy Oilfield Services Inc. Reports Second Quarter 2019 Results

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Marksmen Announces Final Closing of Private Placement

Marksmen Announces Final Closing of Private Placement August 15, 2019 | Source: Marksmen Energy CALGARY, Alberta, Aug. 15, 2019 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (“Marksmen” or the “Company”) announces that it has completed the second and final closing (“Second Tranche”) of its previously announced non-brokered private placement of units (the “Units”) of Marksmen at a price … Read moreMarksmen Announces Final Closing of Private Placement

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World Demand for Heavy Sour Oil Grades is increasing but is Canada missing out due to pipeline roadblocks? – Maureen McCall

PJVA Luncheon Sept 12, 2019 by Maureen McCall “The call on Canadian heavy sour crude oil—the principal export from the Canadian oil sands—has never been greater as the rapid deterioration of Venezuelan output tightens the supply of heavy sour crude globally.” according to Kevin Birn, VP North American Crude Oil Markets,  IHS Markit in IHS … Read moreWorld Demand for Heavy Sour Oil Grades is increasing but is Canada missing out due to pipeline roadblocks? – Maureen McCall

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Continental Resources CEO urges OPEC, shale oil output cuts

August 14, 2019 Reuters OPEC and U.S. shale producers should reduce crude shipments into an oversupplied market, Continental Resources Chief Executive Harold Hamm said on Tuesday, as Iran sanctions and the U.S.-China trade dispute has roiled the market.Hamm, who heads one of the largest U.S. shale companies, urged energy producers to curb spending and production, … Read moreContinental Resources CEO urges OPEC, shale oil output cuts

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Five Things to Know in World Business Today

By Lorcan Roche Kelly Aug 15, 2019 (Bloomberg) China says U.S. violates Trump-Xi accord, bond market still very nervous, and it’s a huge day for retailers. Here are some of the things people in markets are talking about today. Warning Just as markets seemed to be catching their breath after yesterday’s huge moves, Chinese authorities issued a … Read moreFive Things to Know in World Business Today

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Green Flops: Why Some Promising Cleantech Ideas Didn’t Work Out

By Will Wade Aug 15, 2019 It must have seemed like a good idea at the time.The annals of green energy are filled with people who devised brilliant solutions to vexing problems, delivering more power for less money, making things cleaner, easier, and better. Many became rich and famous in the process. And then there … Read moreGreen Flops: Why Some Promising Cleantech Ideas Didn’t Work Out

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Oil Holds Losses as U.S. Stockpile Gain Adds to Recession Fears

By Sharon Cho and Grant Smith Aug 15, 2019 (Bloomberg) Oil held losses as a surprise gain in U.S. crude stockpiles added to deepening concerns over the outlook for global demand. Futures fell again in New York after a 3.3% drop on Wednesday. China signaled on Thursday it may retaliate against President Donald Trump’s plans … Read moreOil Holds Losses as U.S. Stockpile Gain Adds to Recession Fears

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A Greener Energy Industry Is Testing Investors’ Ability to Adapt

(Bloomberg Markets) No one disputes that change is coming to the energy sector. A decade ago, integrated oil and gas companies such as Exxon Mobil Corp. and Chevron Corp. seemed like solid investments. They made up the biggest sub-index in the S&P 500, accounting for 7.8% . And yet, by this July, that same group … Read moreA Greener Energy Industry Is Testing Investors’ Ability to Adapt

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Energy Stocks in Canada ‘Decoupling’ From Oil Seen as Worst Ever

By Michael Bellusci Aug 14, 2019 The days when energy stocks and the price of oil moved in lockstep are now few and far between. Oil may go up but stocks still fall, and in Canada it’s the worst divergence on record.The ratio of the iShares S&P/TSX Capped Energy Index ETF to West Texas Intermediate … Read moreEnergy Stocks in Canada ‘Decoupling’ From Oil Seen as Worst Ever

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Birchcliff Energy Ltd. Announces Strong Q2 2019 Results Resulting in an Expanded 2019 Capital Program

August 14, 2019 | Source: Birchcliff Energy Ltd. CALGARY, Alberta, Aug. 14, 2019 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its financial and operational results for the three and six months ended June 30, 2019 and an expanded 2019 capital program. Birchcliff’s unaudited interim condensed financial statements … Read moreBirchcliff Energy Ltd. Announces Strong Q2 2019 Results Resulting in an Expanded 2019 Capital Program

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Zargon Oil & Gas Ltd. Provides 2019 Second Quarter Results

August 14, 2019 Globe Newswire CALGARY, Alberta, Aug. 14, 2019 (GLOBE NEWSWIRE) — Zargon Oil & Gas Ltd. (“Zargon” or the “Company”). FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED June 30, 2019) Funds flow from operating activities of $2.17 million compared to $1.23 million recorded in the prior quarter, and $0.58 million reported in the second … Read moreZargon Oil & Gas Ltd. Provides 2019 Second Quarter Results

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Eagle Energy Inc. Announces Submission to Transfer Listing to the TSX Venture Exchange

August 14, 2019 CNW Eagle Energy Inc. (“Eagle“) announces that it has submitted an application (the “Listing Application“) to the TSX Venture Exchange (the “TSX-V“) to list its common shares (the “Common Shares“) on the TSX-V.  In conjunction with this application, Eagle has submitted an application to the Toronto Stock Exchange (“TSX“) for voluntary delisting (the … Read moreEagle Energy Inc. Announces Submission to Transfer Listing to the TSX Venture Exchange

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Is it time for a collaborative approach to get market access for Canadian Energy? – Maureen McCall – ATTEND THE LUNCH AND PANEL DISCUSSION SEPT 12th!

  Maureen McCall Board of Directors, Petroleum Joint Venture Assoc.- Contract Analyst, Event Producer, Marketer. BA, IABC,WGA Energy Security is a national issue in Canada. Our Energy infrastructure has served us well but is overdue to be upgraded and updated. An Energy corridor could be the most efficient approach for new transportation, power lines, telecommunications … Read moreIs it time for a collaborative approach to get market access for Canadian Energy? – Maureen McCall – ATTEND THE LUNCH AND PANEL DISCUSSION SEPT 12th!

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Obsidian Energy Announces Second Quarter 2019 Financial and Operational Results

August 14, 2019 PR Newswire OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE) (“Obsidian Energy“, the “Company“, “we“, “us” or “our“) is pleased to announce its financial and operational results for the three and six months ended June 30, 2019. All figures are in Canadian dollars unless otherwise stated. Michael Faust, Interim President and CEO … Read moreObsidian Energy Announces Second Quarter 2019 Financial and Operational Results

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Five Things to Know in World Business Today

By Lorcan Roche Kelly Aug 14, 2019 (Bloomberg) Trade talks remain on track, more signs of a global slowdown, and elections grow more likely in Italy and the U.K. Here are some of the things people in markets are talking about today. September meeting The U.S. and China are, much to the relief of markets, making … Read moreFive Things to Know in World Business Today

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Oil Declines After Biggest Surge in Five Weeks

By Grant Smith and Sharon Cho Aug 14, 2019, (Bloomberg) Oil declined again after its biggest surge in five weeks amid industry data showing that U.S. crude stockpiles increased and growing alarm about the health of the global economy.Futures lost as much as 3.9% in New York on weak economic data from China and Germany, along … Read moreOil Declines After Biggest Surge in Five Weeks

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Alliance Borealis Canada Corp.
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XI Technologies: How working interest can affect the accuracy of LLR and ARO estimates

August 14, 2019 Each week, XI Technologies scans their unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you’d like to receive our Wednesday Word to the Wise in your inbox, subscribe here.  For the past month, our Wednesday Word to the Wise … Read moreXI Technologies: How working interest can affect the accuracy of LLR and ARO estimates

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Jupiter Reports Second Quarter 2019 Results

August 13, 2019 CNW CALGARY, Aug. 13, 2019 /CNW/ – Jupiter Resources Ltd. and its affiliates (collectively, “Jupiter” or the “Company”) today reported financial and operating results for the second quarter of 2019. Jupiter’s second quarter financial results have been posted to the investor portal on the Company website.  The Company will be hosting a conference call to discuss … Read moreJupiter Reports Second Quarter 2019 Results

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Alliance Borealis Canada Corp.
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Since 2014, Alberta Unemployment Rate Increases While Texas Rate Drops – Lessons from the Lonestar State – Fraser Institute

August 13, 2019 For Immediate Release CALGARY—While both Alberta and Texas were hit hard by the oil-price drop in 2014, the Texas unemployment rate has dropped while the Alberta rate has risen, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “Some people in Alberta continue to … Read moreSince 2014, Alberta Unemployment Rate Increases While Texas Rate Drops – Lessons from the Lonestar State – Fraser Institute

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RCMP ‘sitting on’ watchdog report into alleged spying on anti-oil protesters

OTTAWA — The RCMP has been sitting for two years on a watchdog report into alleged Mountie surveillance of anti-oil protesters, a civil liberties group charges.
In a letter this month to RCMP Commissioner Brenda Lucki, a lawyer for the British Columbi…

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Corridor Announces Second Quarter Results

August 12, 2019| Source: Corridor Resources Inc. HALIFAX, Nova Scotia, Aug. 12, 2019 (GLOBE NEWSWIRE) — Corridor Resources Inc. (“Corridor”) (TSX – CDH) announced today its second quarter financial results. The following table provides a summary of Corridor’s financial and operating results for the three and six months ended June 30, 2019, with comparisons to the three and … Read moreCorridor Announces Second Quarter Results

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Women Leaders in Blockchain Unite for Alberta’s Digital Transformation

Technology innovators are partnering on ground-breaking projects and Alberta Blockchain Week August 13, 2019, CALGARY, AB – Alberta’s push to diversify its economy just got a major boost with a new female-led partnership in an emerging technology sector. The Alberta Blockchain Consortium (ABC) is pleased to announce a new partnership with the Canadian Blockchain Association … Read moreWomen Leaders in Blockchain Unite for Alberta’s Digital Transformation

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Tidewater Midstream and Infrastructure Ltd. Announces Second Quarter 2019 Results and Operational Update

August 13, 2019 PR Newswire CALGARY, Aug. 13, 2019 /CNW/ – Tidewater Midstream and Infrastructure Ltd. (“Tidewater” or the “Corporation“) (TSX: TWM) is pleased to announce that it has filed its condensed interim consolidated financial statements and Management’s Discussion and Analysis (“MD&A“) for the three and six-month period ended June 30, 2019. SECOND-QUARTER 2019 FINANCIAL PERFORMANCE Recent Highlights Adjusted EBITDA for … Read moreTidewater Midstream and Infrastructure Ltd. Announces Second Quarter 2019 Results and Operational Update

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Exxon eyes UK North Sea exit after 50-year presence

August 13, 2019 Reuters Exxon Mobil is considering an exit from the British North Sea after more than 50 years in the oil and gas basin as it focuses on U.S. shale production and new projects. The world’s largest publicly traded energy company, Exxon has held talks with a number of North Sea operators in recent … Read moreExxon eyes UK North Sea exit after 50-year presence

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Obsidian Energy Announces Update to its Syndicated Credit Facility and Peace River Oil Partnership Disposition

Obsidian Energy Announces Update to its Syndicated Credit Facility and Peace River Oil Partnership Disposition August 13, 2019 CALGARY, Aug. 13, 2019 /PRNewswire/ – OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE) (“Obsidian Energy“, the “Company“, “we“, “us” or “our“) announces the extension of the Company’s syndicated credit facility with the underlying borrowing base and amount available … Read moreObsidian Energy Announces Update to its Syndicated Credit Facility and Peace River Oil Partnership Disposition

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Five Things to Know in World Business Today

By Lorcan Roche Kelly Aug 13, 2019 (Bloomberg) Traders dump everything Argentine, Hong Kong protests continue, and more signs of a downturn. Here are some of the things people in markets are talking about today. Pesomism The Argentine peso tumbled as much as 25% to a record low of 60 per dollar yesterday, with the country’s main … Read moreFive Things to Know in World Business Today

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Alliance Borealis Canada Corp.
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Oil Steadies Near $55 as Demand Fears Mix With Tighter Supply

By Sharon Cho and Grant Smith Aug 13, 2019 (Bloomberg) Oil steadied near $55 a barrel in New York as persistent concerns over slowing demand jostled with expectations that U.S. crude stockpiles will continue to tighten.Futures were little changed after rising 7.5% in the past three days. American inventories probably dropped by about 2.3 million … Read moreOil Steadies Near $55 as Demand Fears Mix With Tighter Supply

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Even as Oil Falls, Aramco Remains World’s Most Profitable Company

By Matthew Martin Aug 12, 2019 (Bloomberg) Saudi Aramco showed Monday it’s still the world’s most profitable company — and paid out almost all its net income in dividends — despite the dwindling price of oil. Profit slid 12% to $46.9 billion in the first six months of 2019, the state-owned energy giant said in … Read moreEven as Oil Falls, Aramco Remains World’s Most Profitable Company

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Your 12 Month Digital Marketing Plan on EnergyNow – Generate Exposure & Leads:

Welcome to Your 12 Month Digital Marketing Plan on EnergyNow EnergyNow uses all of its Marketing Platforms to Promote Your Company (Website, Daily Email, EnergyNow SHOWCASE, Social Media etc.) Marketing on EnergyNow is Designed to: Focus on your company’s target market Consistently get your company marketing exposure for a Whole Year on EnergyNow Effectively market your products and services or … Read moreYour 12 Month Digital Marketing Plan on EnergyNow – Generate Exposure & Leads:

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Growing the NGL business: A solution to Canada’s Energy Slump? – PASC – September 16th, Calgary – LIMITED SPACE REMAINS

Register Now using Code: ENERGYNOW to save $25.00 on individual registrations or save $200.00 on the purchase of a corporate table. Register Now For more information and to register visit INFORMATION & REGISTRATION The NGL Business in Canada The Situation – Natural gas liquids affect a broad range of industries across the economy – locally regionally and … Read moreGrowing the NGL business: A solution to Canada’s Energy Slump? – PASC – September 16th, Calgary – LIMITED SPACE REMAINS

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Alliance Borealis Canada Corp.
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Vertex Resource Group Ltd. reports strong second quarter 2019 results

August 12, 2019 Sherwood Park, Alberta, August 9th, 2019 (TSXV:VTX) – Vertex Resource Group Ltd. (“Vertex” or the “Company”) reports its financial and operational results for the three and six months ending June 30, 2019, with comparisons to the same period in 2018. The following operational and financial highlights should be read in conjunction with the … Read moreVertex Resource Group Ltd. reports strong second quarter 2019 results

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Alliance Borealis Canada Corp.
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Surge Energy Inc. Announces Second Quarter Results; Appointment of CFO

August 12, 2019 CALGARY, Aug. 12, 2019 /CNW/ – Surge Energy Inc. (“Surge” or the “Company”) (TSX: SGY) is pleased to announce its financial and operating results for the quarter ended June 30, 2019. Q2/19 was an excellent quarter for Surge. Production and adjusted funds flow1 came in higher than analyst estimates2; and the Company’s bank … Read moreSurge Energy Inc. Announces Second Quarter Results; Appointment of CFO

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U of C Executive Education
Alliance Borealis Canada Corp.
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Five Things to Know in World Business Today

By Lorcan Roche Kelly Aug 12, 2019 (Bloomberg) Shock election result set to shake Argentina, tensions rise further in Hong Kong, and Italian politics are still a mess. Here are some of the things people in markets are talking about today. Peso set to plunge Argentina’s President Mauricio Macri unexpectedly lost a primary vote by 15 … Read moreFive Things to Know in World Business Today

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CASE STUDY: Fort Hills Tank Skirt System – Prevent Erosion & Corrosion – Western Engineered Containment

Western Engineered Containment WEC Logo Feature

PROJECT Suncor Fort Hills Tank Skirt System COMPANIES INVOLVED Secure Energy Services, Suncor, Western Engineered Containment Ltd. (WEC) TANK SKIRT PURPOSES Erosion Control – rain or melting snow can carry earthen material (dirt) from the slopes coming down from tanks to the toe, compromising tank foundation stability. Precidium ™ ECS™ (ECS™) prevents that from happening … Read moreCASE STUDY: Fort Hills Tank Skirt System – Prevent Erosion & Corrosion – Western Engineered Containment

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Granite Oil Corp. Reports Second Quarter 2019 Financial and Operating Results

August 12, 2019  | Source: Granite Oil Corp. CALGARY, Alberta, Aug. 12, 2019 (GLOBE NEWSWIRE) — GRANITE OIL CORP. (“Granite” or the “Company”) (TSX:GXO)(OTCQX:GXOCF) is pleased to report its operating and unaudited financial results for the three and six months ended June 30, 2019. Second Quarter Highlights and Operations Update During the first six months of … Read moreGranite Oil Corp. Reports Second Quarter 2019 Financial and Operating Results

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Oil Declines as Trade Tensions Continue to Stoke Demand Fears

By Heesu Lee and Grant Smith Aug 12, 2019 (Bloomberg) Oil dropped as U.S. President Donald Trump said planned trade talks with China next month could be called off, stoking concerns the deepening dispute will damage global growth. Futures lost as much as 1.8% in New York, snapping a two-day gain, as a stronger dollar … Read moreOil Declines as Trade Tensions Continue to Stoke Demand Fears

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TransGlobe Energy Corporation Announces Second Quarter 2019 Financial and Operating Results For the three and six months ended June 30, 2019

August 12, 2019  | Source: TransGlobe Energy Corporation This Announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 (“MAR”). Upon the publication of this Announcement, this inside information is now considered to be in the public domain. CALGARY, Alberta, Aug. 12, 2019 (GLOBE NEWSWIRE) — AIM & TSX:  “TGL” & … Read moreTransGlobe Energy Corporation Announces Second Quarter 2019 Financial and Operating Results For the three and six months ended June 30, 2019

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Back in the Thick of Things: Greg Kist is back as President and CEO of the new Rockies LNG Partners

CALGARY — Greg Kist admits he was burned out when he resigned as president of Pacific NorthWest LNG at the end of 2014, as the Vancouver-based venture led by Malaysian energy giant Petronas advanced its ill-fated mission to build a liquefied natural g…

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Métis Can Be The Bridge To A More Prosperous Future For Indigenous People

Project Reconciliation Feature 400x270

Having worked for more than a decade with First Nations and Indigenous groups on consultation over large infrastructure projects, I’ve seen myself as a bridge between resource companies and Indigenous communities. That’s a result of my own Cree Métis heritage. Stretching back to a time before Canada was born, we Métis have often been looked … Read moreMétis Can Be The Bridge To A More Prosperous Future For Indigenous People

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Indigenous coalition submits proposal to purchase Trans Mountain

Project Reconciliation Feature 400x270

By Stephanie Wood Reference: www.nationalobserver.com Project Reconciliation, an Indigenous coalition to bid on ownership of the Trans Mountain pipeline and expansion, recently announced they submitted a preliminary proposal for ownership to the federal government. The federal government has not begun a formal process to accept proposals or bids, but Project Reconciliation wants to set itself apart, … Read moreIndigenous coalition submits proposal to purchase Trans Mountain

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Webinar August 20th: Build Better Roads Faster with the GEOWEB® 3D Soil Confinement System

PrestoGeo Feature

You’re invited to join Layfield Geosynthetics and Presto Geosystems for a live, 1-hour webinar to explore how the GEOWEB® Soil Stabilization System can significantly improve the life cycle of your road projects. Webinar Description Roadway surfaces built over weak subgrades can degrade due to base deterioration that causes deflections, rutting, and cracking in the surface … Read moreWebinar August 20th: Build Better Roads Faster with the GEOWEB® 3D Soil Confinement System

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Canada weekly rig count increases by 3 to 140

August 9, 2019 Western Canada’s fleet of drilling rigs went up by 3 to 140 according to data collected by Baker Hughes for the week of August 9th. Alberta grew its fleet by 8 to 94, while Saskatchewan decreased by 3 to 33. Oil drilling went from 91 to 94, natural gas rigs remained the … Read moreCanada weekly rig count increases by 3 to 140

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“GET ME OUT OF OIL & GAS!” – Higher Landing Career Survey: Alberta Job Seekers Face Anti-Energy Stigma – Jackie Rafter

  Jackie Rafter, MBA President/Founder, Higher Landing Inc. |CareerTransformation Educator | Entrepreneur Earlier this year, Higher Landing conducted a survey of over 400 of our professional clients, who had backgrounds in disciplines ranging from engineering and geosciences to accounting and supply chain. The vast majority of these people had been downsized as part of the ongoing … Read more“GET ME OUT OF OIL & GAS!” – Higher Landing Career Survey: Alberta Job Seekers Face Anti-Energy Stigma – Jackie Rafter

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Eye on Energy: Saudi Planned Unilateral Cutbacks Stablilizes Crude Oil Prices – Josef Schachter

Schachter Energy Report 400x270 Feature

Each week Josef Schachter will give you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 34 energy and energy service companies with regular updates. He holds quarterly subscriber webinars and provides Action BUY and SELL … Read moreEye on Energy: Saudi Planned Unilateral Cutbacks Stablilizes Crude Oil Prices – Josef Schachter

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Canadians have every reason to be calm and confident about how the energy future is unfolding – Stewart Muir

by Stewart Muir Finding a politically acceptable middle-ground between reducing emissions and growing the economy is difficult, particularly for an energy-producing country like Canada. Discord on related issues is certain to be a significant factor in the upcoming federal election. Anti-fossil fuel activists, not satisfied with their uneven success in setting Canadians’ hair on fire, … Read moreCanadians have every reason to be calm and confident about how the energy future is unfolding – Stewart Muir

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U.S. oil drillers cut rigs for sixth week in a row -Baker Hughes

August 9, 2019 Reuters U.S. energy firms this week reduced the number of oil rigs operating for a sixth week in a row as producers cut spending on new drilling and completions leading to lower production growth forecasts.Drillers cut six oil rigs in the week to Aug. 9, bringing the total count down to 764, … Read moreU.S. oil drillers cut rigs for sixth week in a row -Baker Hughes

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IEA, EIA Forecasts: Gloom Over Oil Demand Will Only Get Worse: Julian Lee

By Julian Lee Aug 10, 2019 (Bloomberg Opinion) As I warned last week, oil demand growth is drying up and it’s not over yet. Two of the major oil agencies have just cut their forecasts for incremental demand this year, but they haven’t gone far enough.The revisions to full-year oil demand growth by the International Energy … Read moreIEA, EIA Forecasts: Gloom Over Oil Demand Will Only Get Worse: Julian Lee

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Exxon says working to return Canada’s Hibernia oil platform back to production

August 9, 2019 Exxon Mobil Corp said on Friday it was working with regulatory and response agencies to prepare for the return of Canada’s Hibernia oil platform to production after a spill in mid-July.Return to production date will be determined during continued discussions with authorities, Hibernia’s largest shareholder Exxon said. Hibernia has been producing oil … Read moreExxon says working to return Canada’s Hibernia oil platform back to production

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Alliance Borealis Canada Corp.
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Questerre reports second quarter 2019 results

August 9, 2019 Globe Newswire CALGARY, Alberta, Aug. 09, 2019 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on its financial and operating results for the second quarter ended June 30, 2019. Michael Binnion, President and Chief Executive Officer of Questerre, commented, “During the quarter, we continued to build support for … Read moreQuesterre reports second quarter 2019 results

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Hazloc Heaters™ announces the introduction EXCaliber Series XET1 Electronic Thermostat

Hazloc-Heaters-Logo

FOR IMMEDIATE RELEASE Calgary, Alberta Hazloc Heaters™, a leading manufacturer of industrial heating products for hazardous and severe-duty locations, is pleased to announce the introduction of the built-in version of the EXCaliber Series XET1 Electronic Thermostat as an option on the XEU1 Series of Explosion-proof Electric Heaters. The EXCaliber Series. XET1 electronic thermostat’s advantage over … Read moreHazloc Heaters™ announces the introduction EXCaliber Series XET1 Electronic Thermostat

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Oil Jumps Most in Month as Saudi Action Outweighs Demand Worries

By Kiran Dhillon Aug 9, 2019 (Bloomberg) Oil surged the most in nearly a month as investors digested Saudi Arabia’s latest plan to help stabilize prices following a large dip earlier in the week that was fueled by demand concerns.WTI advanced 3.7% in New York on Friday, paring its weekly loss to 2.1%. Escalating tensions … Read moreOil Jumps Most in Month as Saudi Action Outweighs Demand Worries

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Inter Pipeline confirms takeover offer on regulator request after stock halted

CALGARY — Inter Pipeline Ltd. confirmed Friday afternoon it received a “proposal” to purchase the company, in a statement issued at the behest of regulators a few hours after executives refused to discuss the matter on a conference call with analysts….

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Five Things to Know in World Business Today

By Joe Easton Aug 8, 2019 (Bloomberg) Good morning. The Italian government is unstable as ever, the U.K. has come out fighting on Brexit, Asian markets ended the week on a calmer note, Goldman Sachs plays the long game on European stocks and Uber Technologies Inc. reported an impressive loss. Here’s what’s moving markets. Salvini’s Demands … Read moreFive Things to Know in World Business Today

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Saudi Aramco IPO: Here are Three Burning Questions: Ellen R. Wald

By Ellen R. Wald Aug 9, 2019 (Bloomberg Opinion) Saudi Aramco, the world’s largest oil company, will hold a public investor-relations call on Monday, even though the company is private and has only one shareholder. Many analysts expect that, for the first time, the Saudi Arabian behemoth will speak openly about its finances, including its … Read moreSaudi Aramco IPO: Here are Three Burning Questions: Ellen R. Wald

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IEA Says Oil Outlook ‘Fragile’ After Weakest Patch Since 2008

by Grant Smith Aug 9, 2019 (Bloomberg) The outlook for global oil demand is “fragile” amid growing signs of an economic slowdown, which squeezed consumption growth during the first five months of this year to the weakest in a decade, the International Energy Agency said.The IEA, which advises major economies, trimmed forecasts for oil-demand growth … Read moreIEA Says Oil Outlook ‘Fragile’ After Weakest Patch Since 2008

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Oil Set for Weekly Loss as Traders Weigh Trade War, Saudi Output

By Tsuyoshi Inajima and Grant Smith  Aug 9, 2019 (Bloomberg) Oil is poised for a second weekly loss as investors weigh the deteriorating U.S.-China trade dispute against the latest steps from Saudi Arabia to stabilize the market.Brent crude rose 1.4% in London, but is down 6% for the week. The deepening spat between Beijing and … Read moreOil Set for Weekly Loss as Traders Weigh Trade War, Saudi Output

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