Iran Nuclear Deal Won’t Devastate the Oil Market

Iran Nuclear Deal Won’t Devastate the Oil Market

Negotiations between Iran and the P5+1 are creating anxiety for oil market participants. A deal is supposed to be reached between the parties by March 31, and some are worried it could lead a flood of oil to enter the already struggling marketplace.

Keith Schaefer: It’s Not All Bad for Oil

At PDAC Schaefer laid out the positives and negatives surrounding the oil space, noting that in some senses things aren't as bad as they may seem.

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Videos

Keith Schaefer: Expect Oil M&A Activity in Q3, Q4 2015

Keith Schaefer spoke to Resource Investing News at VRIC about a variety of topics, including the ongoing glut in the oil market and what he thinks the future holds for major and junior oil companies. He also touches on LNG in British Columbia.

Justin Smith of Western Canadian Properties Group Talks Natural Gas in BC

Gas Investing News recently had the chance to speak with Justin Smith, Investment Advisor at Western Canadian Properties Group, about natural gas projects in British Columbia. Contrary to suggestions that BC's LNG dreams could have been smashed by Russia's recent $400 billion deal with China, Smith says that "the demand [in China] is growing at a pace where you're going to need a number of these deals to satiate those demands."

Company News

Woodside Cuts 300 Jobs

Yahoo News reported that Woodside (ASX:WPL) has cut hundreds of jobs as it strives to implement plans to deliver a more streamlined organizational structure in the wake of the global slump in commodities.

UGL Wins Santos GLNG Services Contract

UGL announced that it has won a $120 million contract to provide services at Santos' Curtis Island LNG facility.

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Company Videos

Bayhorse Silver CEO Talks about Light Oil in Saskatchewan

Bayhorse Silver Inc. (TSXV:BHS) President & CEO Graeme O’Neill spoke to Resource Investing News at the Vancouver Resource Investment Conference 2015 about the Little Swan light oil prospect in Saskatchewan.

Market News

Oil and Gas Industry May Cancel US$1 Trillion of Planned Projects

Financial Post reported that the fall in oil and gas prices worldwide may lead the industry to cancel about US$1 trillion of planned projects globally over the next couple years, according to Amin Nasser, a senior executive at Saudi Aramco.

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