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UQAM halts investments in fossil fuels   May 17, 2019
In 2018 the McGill Senate approved a motion to drop such investments, but the university still has investments in oil, natural gas, and pipelines. in 2014 Concordia University became the first ... CTV Montreal News  

Why Anadarko Petroleum (APC) Might be Well Poised for a Surge   May 17, 2019
Anadarko Petroleum (APC) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue ... Yahoo Finance  

Total CEO Eyed Anadarko Assets for a Year Before $8.8 Billion Deal   May 17, 2019
(Bloomberg) -- Total SA had an eye on Anadarko Petroleum Corp.’s assets in Africa for over a year, Total Chief Executive Officer Patrick Pouyanne said. So, as Occidental Petroleum Corp. CEO ... Yahoo Finance  

Metalworking Fluids Market Share will Grow at a CAGR of 3% by 2024   May 17, 2019
Key players profiled in the report include Exxonmobil Corp, Fuchs Petolub AG, Total S.A, BP PLC Chevron Corp, Houghton International Inc, Idemitsu Kosan Co. Ltd, Sinopec Ltd, Lukoil Oil Co, and Lubrizol Corp. Company profile includes assigning such as ... MarketWatch  

Plasticizers Market Share will Grow US$ 16.50 Billion by 2024   May 17, 2019
Key players profiled in the report Arkema S.A., BASF SE, Daelim Industrial Co. Ltd., Dow Chemical Company, LG Chem Ltd., Evonik Industries AG, ExxonMobil Chemical, Eastman Chemical Company, Ineos Group, and UPC Group. Company profile includes assign such ... MarketWatch  

Range Resources promotes Degner to COO   May 17, 2019
Degner has more than 20 years of oil and gas experience, including nine years at RRC after holding positions with Encana, Sierra Engineering and Halliburton. He assumes the role filled for nearly ... Seeking Alpha  

Indian Oil's profit jumps 17 pc to Rs 6,099 crore in FY 19   May 17, 2019
Mumbai (Maharashtra) [India], May 17 (ANI): Indian Oil Corporation (IOC) on Friday reported net profit at Rs 6,099 crore during the March quarter of financial year 2018-19, up 17 per cent from Rs ... Yahoo Finance India  

Obsidian Energy Announces Proposed Sale of its 55% Working Interest in the Peace River Oil Partnership   May 17, 2019
Proceeds will be used to strengthen our balance sheet by paying down debt, with additional consideration going towards growing our fast-cycle primary oil development program. Transaction metrics ... Yahoo Finance  

Oil Set for Weekly Gain as OPEC+ Gathers Amid Gulf Tensions   May 17, 2019
(Bloomberg) -- Brent oil headed for its biggest weekly gain since mid-February as OPEC and its allies gather this weekend to consider output policy and political tensions in the Persian Gulf escalate. Yahoo Finance  

ExxonMobil and Employees Donate More Than $1.5 Million to Oklahoma Colleges and Universities   May 17, 2019
Ten institutions of higher learning in Oklahoma receive funds from Educational Matching Gift Program More than 800 U.S. colleges and universities to benefit from ExxonMobil matching program ... Yahoo Finance  

Scheer pitches east-west energy corridor, blasts Trudeau for 'all-out attack' on oil   May 17, 2019
Conservative Leader Andrew Scheer said today he wants to do away with many of Prime Minister Justin Trudeau's economic initiatives — with the notable exception of the Canada Child Benefit — as he looks to balance the federal books and jump-start ... CBC.ca  

UPDATE 2-Oil lifted towards $73 by real and threatened supply cuts   May 17, 2019
LONDON, May 17 (Reuters) - Oil edged higher towards $73 a barrel on Friday, supported by real and threatened supply disruptions in the Middle East and heading for a weekly gain. U.S. sanctions on ... Reuters  

Exclusive: Kazakhstan to seek damages from Transneft for tainted oil loaded in Ust-Luga   May 17, 2019
NUR-SULTAN/MOSCOW (Reuters) - Kazakh oil flowing via Russia to be loaded on tankers at the Baltic Sea port of Ust-Luga has been contaminated and Kazakhstan plans to seek compensation from Russian ... Reuters  

Oil Continues to Rise on Middle East Tension   May 17, 2019
Investing.com - Oil prices rose on Friday in Asia and extended gains into a fourth straight day amid intensifying Middle East tensions. U.S. Crude Oil WTI Futures rose 0.3% to $63.06 by 1:15 AM ET ... Yahoo Finance  

Senators bowing to oil industry pressure to gut assessment bill, environmentalists say   May 17, 2019
Environment advocates say Canadian senators are bowing to pressure from the energy industry to gut new environmental-assessment legislation, and they fear the Liberal government is going to do the same. CBC.ca  

Yorktown-Backed Vaquero Mulls Possible $1 Billion Sale   May 17, 2019
(Bloomberg) -- Yorktown Partners is considering a sale of crude oil and natural gas processing company Vaquero Midstream, according to people familiar with the matter. The New York-based private ... Yahoo Finance  

Fujairah port: UAE's oil lifeline outside Strait of Hormuz   May 17, 2019
A mystery "sabotage" attack on four ships, including three oil tankers, off the UAE coast has highlighted the importance of Fujairah port located just outside the key Strait of Hormuz. - Strategic location - The port of the emirate of Fujairah, located on ... Yahoo Singapore Finance  

N.Y. Deals Critical Blow to $1 Billion Shale Gas Pipeline   May 17, 2019
The decision comes as states tussle with the Trump administration over pipelines designed to carry abundant natural gas to the Northeast from shale basins in Pennsylvania, Ohio and West Virginia. Yahoo Finance  

Attacking Gulf oil routes exposes alternatives to Hormuz   May 17, 2019
Attacks on Saudi and UAE oil assets built to bypass the Strait of Hormuz, a strategically important waterway in the Gulf, have raised fears that alternative routes could be vulnerable. Four ships including two Saudi oil tankers were damaged in mysterious ... Yahoo Singapore Finance  

Global Enhanced Oil Recovery Market 2019: key Vendors, Trends, Analysis, Segmentation, Forecast to 2024   May 17, 2019
the top players including The Halliburton Company Schlumberger Limited Baker Hughes Inc. BP p.l.c Exxon Mobil Corporation China Petroleum & Chemical Corporation Saudi Aramco Statoil ASA Chevron Corporation Royal Dutch ... MarketWatch  

Oil Rallies as Mideast Tensions Flare Over Saudi Pipeline Attack   May 17, 2019
(Bloomberg) -- Oil soared to a two-week high as Saudi Arabia accused Iran of ordering this week’s attack on its key oil facilities, fueling tensions between two of the world’s oil-producing ... Yahoo Finance  

Core-Mark Welcomes Chris Murray as Senior Vice President of Marketing   May 17, 2019
Additionally, he was the innovator behind the company’s loyalty programs ... and later served with Shell Oil in positions of increasing responsibility in convenience retail sales and marketing. Yahoo Finance  

Top Stock Reports for Cisco, Anthem & T-Mobile   May 17, 2019
High quality Assets in U.S and Israel Aid Noble Energy (NBL) Per the Zacks analyst Noble Energy's holdings in the United States Permian Basin, Tamar field and upcoming Leviathan field in Israel ... Yahoo Finance  

Meritage Midstream Services’ New Plant More than Doubles Its Natural Gas Processing Capacity in Wyoming’s Powder River Basin   May 17, 2019
Company is constructing a new, cryogenic processing plant located in Converse County, Wyoming. Long-term acreage dedications to Meritage Midstream’s natural gas supersystem, a combination of ... Yahoo Finance  

Oil Set for Biggest Weekly Gain Since Early April on Gulf Angst   May 17, 2019
(Bloomberg) -- Oil headed for its biggest weekly gain since early April as flaring tension in the Middle East took precedence over an escalating trade war between the world’s two biggest economies. Futures in New York gained as much as 0.8% Friday and ... Finance Yahoo  

Oil extends gains into fourth straight day on Middle East tensions   May 17, 2019
SYDNEY (Reuters) - Oil prices edged higher on Friday, extending gains into a fourth session as rising tensions in the Middle East stoked fears of potential supply disruptions. Brent crude futures ... Reuters  

Xebec Provides Update on Asian Renewable Natural Gas Market   May 17, 2019
MONTREAL, April 29, 2019 (GLOBE NEWSWIRE) -- Xebec Adsorption Inc. (XBC.V) (XEBEF) (“Xebec”), a global provider of renewable natural gas (RNG) solutions, is pleased to note that the Chinese ... Yahoo Finance  

Total CEO says planned buy of Anadarko's Africa assets 'perfectly fitting'   May 17, 2019
The deal is contingent on the wider, $38 billion proposed takeover of Anadarko Petroleum Corp by Occidental Petroleum Corp, which last month outmaneuvered rival Chevron, the No. 2 U.S. oil producer, which had also bid for Anadarko. Speaking at an event in ... Reuters  

Texas' energy market likely to see combinations of smaller players, not mega deals   May 16, 2019
Last week Chevron did something that surprised a lot of energy watchers: It walked away from its $33 billion purchase of Anadarko Petroleum Corp. by not attempting to counteroffer Occidental Petroleum’s $38 billion bid. Why did Occidental prevail over ... The Business Journals  

UPDATE 7-Oil prices rise more than 1% as Middle East conflict persists   May 16, 2019
NEW YORK, May 16 (Reuters) - Oil futures were up more than 1% on Thursday as tensions in the Middle East grew, with a Saudi-led coalition launching air strikes in retaliation for recent attacks on ... Reuters  

The Permian Basin Is Turning Into an ATM for Oil Stock Investors   May 16, 2019
The Permian Basin has become a massive growth engine for the U.S. oil industry over the last few years. The driving force has been the discovery of new techniques that have unlocked the treasure trove of oil and gas trapped in the region's tight ... Yahoo Singapore Finance  

Rice brothers reduce their EQT director nominees to seven from nine   May 16, 2019
They hold EQT management responsible for its underperformance since the merger, despite it taking the mantle of the largest U.S. natural gas prducer when it acquired Rice Energy. Reuters  

Stalemate In Libya Could Cause Next Major Oil Supply Outage   May 16, 2019
The fighting in Libya has devolved into a protracted stalemate, which does not bode well for the country’s oil production. General Khalifa Haftar and his militia, the Libyan National Army (LNA ... OilPrice  

British Columbia Oil Tanker Ban Hits Resistance In Canada's Senate   May 16, 2019
A proposed ban on large oil tankers off much of British Columbia's northern coast hit a setback after it failed to get the support of a Canadian Senate committee. The Senate's Transport and ... Yahoo Finance  

Range Resources promotes Degner to COO   May 16, 2019
Degner has more than 20 years of oil and gas experience, including nine years at RRC after holding positions with Encana, Sierra Engineering and Halliburton. He assumes the role filled for nearly ... Seeking Alpha  

ATB report says Alberta’s economy will be slowed in 2019   May 16, 2019
The Alberta Economic Outlook, from ATB Financial, shows that while the price for oil has somewhat improved since last fall, transportation limitations and low natural gas prices have presented ... Calgary CTV News  

Meet America’s Newest $9 Trillion Climate Change Solution   May 16, 2019
4 hours Speculation: Hungary will have to buy Russian natural gas if Exxon waits on offshore project / Hungary Military Plane arrives in USA 2 hours IRAQ War: US soldiers died 4400, Wounded 32,000 ... OilPrice  

Proposed natural gas pipeline raises concerns for Essex County councillors   May 16, 2019
Essex County Council is expressing concerns about a proposed natural gas pipeline. Council members on Wednesday heard from Enbridge Gas representatives about an $88-million plan to replace a 60 ... CTV News  

This Fast Growing LNG Market Is Scrambling For New Supply   May 16, 2019
A senior Pakistani official said a few weeks ago that Qatar had emerged as the front runner for a long term liquefied natural gas (LNG) supply deal with the country. Qatar already has a 15-year ... OilPrice  

ExxonMobil Boosts Capacity at Newport Elastomers' Plant   May 16, 2019
Exxon Mobil Corporation XOM recently announced the completion of the expansion of its specialty elastomers manufacturing facility located in Newport, Wales. The expansion is not only anticipated ... Yahoo Finance  

From Pawn to King: How the Permian Changed Oil's Game of Thrones   May 16, 2019
The heightened level of corporate interest helped fuel the bidding war for Anadarko Petroleum Corp. earlier this month. Those investments and consolidation promise to make the shale play more efficient and OPEC’s life more complicated. But before ... Yahoo New Zealand  

Mystery Tanker With Iranian Oil Unloads In China   May 16, 2019
A tanker carrying Iranian fuel oil has reached its destination at a Chinese port and has unloaded its cargo in storage tanks, Reuters reports, citing shipping data. The shipment violates U.S ... OilPrice  

Oil Price Collapse Fears Return to Canada Amid New Production   May 16, 2019
Canada’s great oil crash of 2018 could be set for a 2019 rerun. “Under the surface, we still have a crude takeaway capacity issue that’s yet to be resolved,” Kevin Birn, IHS Markit’s director of North American crude oil markets, said by phone ... Bloomberg L.P.  

Occidental CEO Says She's New to M&A and Defends Pursuit of Anadarko   May 16, 2019
(Bloomberg) -- Occidental Petroleum Corp.’s Vicki Hollub defended her $38 billion pursuit of Anadarko Petroleum Corp. as she and eight other company directors survived a shareholder vote that ... Yahoo Finance  

Proposed pipeline replacement 40% smaller than existing infrastructure   May 16, 2019
Enbridge presented to Essex County council Wednesday evening, proposing to replace 60 kilometres of the existing natural gas pipeline. The project comes with an estimated $88-million price tag. The project comes with an estimated $88-million price tag. CBC.ca  

Alberta Production Cuts Boost Oil & Gas Canadian E&P Industry   May 16, 2019
The Zacks Oil and Gas - Canadian E&P industry consists of Canada-based companies focused on exploration and production (E&P) of oil and natural gas. These firms are engaged in finding hydrocarbon ... Yahoo Finance  

If You Had Bought Cenovus Energy (TSE:CVE) Stock Five Years Ago, You'd Be Sitting On A 63% Loss, Today   May 16, 2019
Generally speaking long term investing is the way to go. But no-one is immune from buying too high. For example the Cenovus Energy Inc. (TSE:CVE) share price dropped 63% over five years. Yahoo Finance  

Russian deputy PM says Transneft to compensate all parties for dirty oil damages   May 16, 2019
MOSCOW (Reuters) - Russia’s Deputy Prime Minister Dmitry Kozak said on Thursday Russian oil pipeline monopoly Transneft would provide compensation to all parties that could prove real damages from contaminated oil. Russia halted oil flows along the ... Reuters  

REFILE-UPDATE 5-Brent oil moves towards $73 on Middle East tensions   May 16, 2019
LONDON, May 16 (Reuters) - Oil prices rose on Thursday for a third day running as fears of supply disruption amid heightened tensions in the Middle East overshadowed swelling U.S. crude inventories. Reuters  

Occidental overpaying for Anadarko, Argus analyst says in downgrade   May 16, 2019
Occidental Petroleum (OXY-0.5%) is downgraded to Hold from Buy at Argus following OXY's $76/share purchase of Anadarko Petroleum, saying the company is overpaying for the assets with a bid well ... Seeking Alpha  

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