Enbridge Surpasses TransCanada Corp in Race to Relieve Cushing Oil Hub
Enbridge acquire stake in a key Cushing-Gulf Coast pipeline after TransCanada’s Keystone XL pipeline ambitions are dealt a blow.
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Tag Archive | "Gulf of Mexico"
Oil Exploration Hotspots
Monday, May 9, 2011
A brief look at 3 oil exploration hotspots, all of which have already produced multi-billion barrel finds of recoverable crude in the last few years, and that may still hold much more.
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Nexen Provides Update on Gulf of Mexico Deepwater Drilling Rig
Friday, October 29, 2010
Nexen Inc. (TSE: NXY) announces that it has signed an amended an ultra-deepwater semi-submersible drilling rig agreement with Ensco (NYSE:ESV).
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Alberta’s Oil Sands Receive a Potential Boost
Thursday, October 21, 2010
Canada is already the largest single exporter of oil and natural gas to the U.S., and Alberta's oil sands are the biggest single source of oil for the U.S.
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Offshore Oil Drilling May Continue to Face Impediments
Thursday, September 23, 2010
Prior to the Gulf of Mexico oil leak in April, U.S. regulators approved about a dozen permits a month to drill in the shallow waters off the Gulf. Following the spill, a considerably more cautious approach has barely allowed one a month, despite the six-month moratorium only affecting wells in much deeper waters.
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More Oil and Gas Trouble in the Gulf of Mexico
Thursday, September 2, 2010
An oil and gas production rig known as Vermilion Oil Platform 380 owned by Mariner Energy Inc. (NYSE:ME) off the coast of Louisiana was on fire Thursday.
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Oil Spill to Static Kill: The Saga Continues in the Gulf of Mexico
Thursday, August 5, 2010
British Petroleum (NYSE:BP) has won approval from the U.S. government for the latest step to start pumping cement into its damaged Gulf of Mexico oil well and the company is currently in a disagreement over a regulatory filing that could indemnify or limit the liability of a company’s contract from penalties and liabilities other than for contamination resulting from operations controlled by the rig owner on or above the surface of the water.
Continue reading "Oil Spill to Static Kill: The Saga Continues in the Gulf of Mexico"
Russia and Middle Eastern Oil Sources Competing for Asian Business
Thursday, July 8, 2010
Japanese and South Korean refiners have increased oil purchases from Russia, eroding the dominance of Middle Eastern suppliers and electing for a more competitive crude source that is three weeks closer by ship. While Russian exports have surged over the last 6 months, the Middle East remains dominant, with total Middle East output in June around 19.9 million barrels, while Russia’s output was 10.3 million barrels, peaking at 330,000 barrels a day in June.
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Oil Prices Climb on Supply Concerns and Bernanke Comments
Tuesday, June 8, 2010
Oil prices gained as much as 1 percent with analysts offering further support; expecting a decline of 1 million barrels of U.S. oil supplies from 363.2 million last week. Oil inventories have not fallen nationwide for two consecutive weeks since January.
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- Adira Energy Ltd. – Developing Energy Resources in Israel
- Blackbird Energy Inc. – Exploration and Development of Crude Oil and Natural Gas Assets
- Hyperion Exploration Corp. – Focused on Cardium Light Oil in West Central Alberta
- Manitok Energy Inc. – Oil and Gas in the Western Canadian Sedimentary Basin
- Pennant Energy Inc. – Oil and Gas Exploration at the Bigstone Property, Northern Alberta
- Primary Petroleum – Alberta Basin Bakken
- Simba Energy Inc. – Pursuing Oil and Gas Opportunities in West Africa
- Zone Resources Inc. – Developing the Girard Iron Property
Asides
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Monday, November 21, 2011