CALGARY — Multiple workers were injured and some transported to hospital on Thursday morning after a fire broke out at Husky Energy Inc.'s refinery in Superior, Wisc. putting the Calgary -
based oil producer on the defensive, as it argued there were no known commonalities between the accident and other recent operational mistakes.
PERTH -
BASED oil producer Amadeus Petroleum NL — a relatively small operator in the United States oil patch — has chalked up a near million dollar net profit in the current financial year and considerably reduce its debt.
Chevron Corp, the second - largest U.S. -
based oil producer, slashed its 2016 capital budget by 25 percent and said it would lay off roughly 10 percent of its workforce, one of the most - drastic reactions to date to the plunge in crude prices CLc1.
Woodside Petroleum Ltd subsidiary ATS Inc has made good on a promise not to extend its $ 1.16 billion hostile takeover bid for US -
based oil producer Energy Partners Ltd, after failing to reach the minimum acquisition level of 50 per cent.
Not exact matches
Calgary -
based oil and gas
producer Talisman Energy has become the target of an activist investor.
Everyone from medical equipment suppliers to software
producers to food services companies — all of these sectors service the
oil and gas industry, and many of the largest happen to be
based in the U.S.
US -
based shale
producers including EOG Resources Inc., Continental Resources, Inc., and Pioneer Natural Resources are set to suffer as
oil prices continue to be weighed down by the increased production Trump's policies imply.
• NuStar Energy (NYSE: NS) agreed to acquire Navigator Energy Services, a Dallas -
based provider of infrastructure services to
oil and gas
producers, from First Reserve for around $ 1.5 billion.
In November, the International Energy Agency, a Paris -
based think - tank supported by energy - consuming developed nations, predicted the U.S. would surpass Saudi Arabia as the world's largest
oil producer before 2020, and be self - sufficient in energy by 2035.
This Calgary -
based small - cap provides fracturing and other well - stimulation services to Canadian
oil and gas
producers.
CALGARY — The closing date of Chinese
oil giant CNOOC's US$ 15.1 - billion takeover of Calgary -
based oil and gas
producer Nexen has been extended by 30 days to March 2.
Scoring a major asset at a time when
oil prices had hit major lows has transformed Perth -
based junior Kalrez Energy NL from a gold explorer to an
oil and gas
producer.
While there, I had dinner with a couple of Canadian lawyers who represent a few Latin American
oil producers, some of them
based in Venezuela.
«Telling
producers that they have to pay you to take away their
oil certainly gives the producers a whole bunch of incentive to shut in their wells,» Andy Lipow, president of Houston - based Lipow Oil Associates LLC, told Bloombe
oil certainly gives the
producers a whole bunch of incentive to shut in their wells,» Andy Lipow, president of Houston -
based Lipow
Oil Associates LLC, told Bloombe
Oil Associates LLC, told Bloomberg.
Oil is just one part of the story — we are also a major
producer and exporter of coal and natural gas,
base and precious metals, minerals such as potash, and agricultural and forest products.
Based on the stats provided by Natural Resources Canada, the country is the fifth - largest
producer of crude
oil in the world after the United States, Saudi Arabia, Russia and China.
The Oklahoma City -
based oil and natural gas
producer said Monday...
OTTAWA — The Harper government is buying itself some more time to deal with a political hot potato, extending a review of the controversial $ 15.1 - billion bid by a Chinese state - owned company to acquire Calgary -
based oil and gas
producer Nexen Inc (TSX: NXY).
My friends in the industry say this is a ludicrous oversimplification for a number of reasons including (1) Kenney's valuation is
based on what he called the «current global market value» ($ 60 / barrel) which doesn't apply to bitumen, (2) he hasn't included the cost of extraction or the fact
producers would never dump that much
oil onto the market at once and (3) Albertans only get royalties, not the entire amount.
Rosneft all of the world's biggest
oil producer and loosing the company delivers some 37 million metric tons of
oil to the People's Republic of China per year on an ongoing
basis from the year 2018.
IOI Loders Croklaan, a leading
producer of palm -
based fats and oils to the global food industry, has announced that 100 percent of its directly sourced palm
oil worldwide is traceable to the mill level.
When the cable technician and his wife moved to Dimock, an agricultural community of about 1,500 nestled in the rolling hills of northeastern Pennsylvania, they had no inkling they were sitting on top of a mother lode of natural gas — that is, not until an agent from Cabot
Oil & Gas, a Houston -
based natural gas
producer, knocked on their door in May 2008.
It is a stinging irony that by far the biggest donor to BORA is the Sime Darby Foundation, the philanthropic arm of the Sime Darby Group,
based in Kuala Lumpur, one of the world's biggest
producers of palm
oil, the crop that led to the destruction of much of the rhino's rainforest home.
Penn West, an
oil and gas
producer based in Calgary, saw its stock crumble 31 % over the last 12 months.
An
oil based mutual fund might invest in
oil producers, refineries, gas stations etc..
We
based ourselves out of the small town of Cessnock, and joined one of the bus tours which took us around the local vineyards, cheese, olive
oil, and chocolate
producers.
So Chevron turned around and sued Oslo -
based Statoil, calling it «one of many»
oil producers that should help foot the bill if the industry is found liable....
Calgary -
based Suncor Energy, the No. 2
oil - sands
producer in the world, announced that it has sold its billionth barrel of
oil sands crude since it began operations in 1967.
But a recent report by the environmental research group CDP revealed that at least 29 major companies, including five major
oil producers, are
basing their internal planning on the assumption that such policies — specifically, a government - mandated carbon price — will be a reality as soon as 2020.
Yes, 13
producers have committed on a «take or pay»
basis to ship or pay the tolls for an additional 410,000 barrels per day, whether they have the
oil available or not.
Singling out Russia and Venezuela, the Paris -
based energy think tank said that further price drops would heighten the financial risks to «highly leveraged»
producers, and countries that are heavily dependent on
oil revenues.
But companies do not pay a royalty on the global price of
oil but on bitumen, a viscous crude,
based on a valuation system developed by the Canadian Association of Petroleum
Producers.
Last week, Salt Lake City -
based Blue Source demonstrated a financially innovative model for selling carbon dioxide to
oil producers and earning carbon offsets.
«We may, on a selective
basis, choose to share that IP with certain other
producers that are willing to implement a solution that's more environmentally friendly and thereby help preserve the
oil industry as a whole,» she says.