Large Build in US Natural Gas Inventories Pressured Gas Prices

The EIA (U.S. Energy Information Administration) released its weekly natural gas inventory report on April 27, 2017. It reported that US natural gas ...…

Pricing

California Mulls More Rules For Injection Wells

California regulators on Wednesday released a revised set of informal draft rules affecting underground injection control wells, an effort that has grown more complex after last year’s methane leak at Southern California Gas Co.'s Aliso Canyon underground storage facility.…

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Earth Day DIY

Shale Gas

Consolidation Key to Appalachian Success, EQT CEO Says

EQT Corp. said Thursday that it has acquired 220,000 core Marcellus Shale acres since the beginning of last year, more than any other Appalachian operator since 2015, adding that it plans to continue consolidating assets this year.…

NOV Books 75,000 HHP in First Quarter as Shift to U.S. Onshore Continues

Drilling technology expert National Oilwell Varco Inc., which has steadily shifted its operational focus to U.S. land business, booked 75,000 hydraulic horsepower (hhp) fracturing equipment orders during the first quarter, bringing its total...…

Anadarko Shutting in 3,000-Plus Northeast Colorado Wells After Fatal Home Explosion

Anadarko Petroleum Corp., Colorado's largest oil and natural gas producer, is shutting in more than 3,000 wells in the northeastern part of the state after a mid-April explosion killed two men in a recently built home in Weld County located about 170 feet from one of the company's vertical wells.…

Oil

Yedlin: Suncor focused on positive outcomes of challenging year

For the first time in years, the “off-oilsands” sentiment did not suck the oxygen from the room at the annual meetings of either Cenovus or Suncor. Instead, the CEOs of both companies this week focused on the potential of the resource, the importance of scale, the value of First Nations’ partnerships and advancements made in […]…

Christy Clark’s call for thermal-coal export ban in B.C. a ‘game-changer,’ enviros say

Liberal Leader Christy Clark’s call to ban U.S. thermal-coal exports through B.C. ports has made her, suddenly, an unlikely ally of environmentalists. Clark made the request to Prime Minister Justin Trudeau on Wednesday in retaliation for the U.S. imposing preliminary tariffs of about 20 per cent on B.C. softwood-lumber exports to the States. But Clark’s […]…

Varcoe: Cenovus CEO tackles shareholder pushback over blockbuster deal

Chief executives get paid big bucks to make difficult decisions, but also to take the flack if things go poorly. Cenovus Energy chief executive Brian Ferguson faced such a moment head-on at the company’s annual meeting Wednesday. It came as investors are unhappy with the Calgary-based producer’s poor stock performance following its $17.7-billion acquisition of ConocoPhillips’ assets […]…

Coal

Coal miner struck by lung disease

An Anglo American coal miner has been diagnosed with Emphysema and Chronic Bronchitis after inhaling excessive coal dust on the job, the union ...…

Westpac coal refusals a blow for Adani

Australia's oldest bank said on Friday it would limit thermal coal project lending to those sited in already-producing basins, and where the coal quality ...…