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Conoco Enters Into Exclusive Talks to Sell U.K. Assets to Ineos   Nov 19, 2018
ConocoPhillips is in exclusive talks to sell its U.K. oil and gas fields, said to be valued at as much as $3 billion, to British billionaire Jim Ratcliffe’s Ineos Group. The U.S. explorer plans to invite bids by the end of the year for the assets ... Bloomberg L.P.  

New $14M boutique hotel to break ground in El Dorado in 2019   Nov 19, 2018
The release noted that El Dorado is home to large operations of several public and private companies, including Murphy Oil, Murphy USA and PotlatchDeltic. The new hotel, it stated, “will capture the significant number of overnight visitors doing business ... Associated Press  

Daybreak: May’s Brexit Defense. Pence’s China Attack. (Podcast)   Nov 19, 2018
ConocoPhillips is in exclusive talks to sell its U.K. oil and gas fields, said to be valued at up to $3 billion, to Ineos Group. Bryan Curtis hosts; Stephen Engle discusses the U.S. and China with Shery Ahn and Haidi Stroud-Watts. Running time 06:14 Bloomberg L.P.  

What to Watch in Commodity Markets This Week (Audio)   Nov 19, 2018
In today’s commodities week ahead audio segment, Bloomberg’s James Poole talks with Juliette Saly and Doug Krizner about the trade war and gold, sentiment around OPEC supply cuts and price ructions in the natural gas market. Running time 06:29 Bloomberg L.P.  

Reliance Considers Plan to Expand World’s Largest Refinery Complex   Nov 19, 2018
Shell has restarted retailing gasoline and diesel in the country, while Total partnered the Adani Group to set up liquefied natural gas import terminals and fuel retailing business. Last year, BP Plc expanded its partnership with Reliance to retail auto fuels. Bloomberg L.P.  

Oil Short-Selling Continues to Rise With Faith in OPEC Waning   Nov 19, 2018
(Bloomberg) -- Hedge funds are betting OPEC will struggle to reverse oil’s precipitous plunge. Their combined wagers against West Texas Intermediate and Brent crude soared for a seventh straight week, the longest global short-selling streak in data going ... Finance Yahoo  

Bad weather still preventing SeaRose spill containment, Husky says   Nov 19, 2018
Waves are still too high to investigate what caused the spill or whether the line to the SeaRose FPSO is still losing crude, Husky Energy said Saturday. Husky spokesperson Colleen McConnell said the company, alongside spill responders, are waiting for ... CBC.ca  

Exxon Mobil: Key Takeaways From Third-Quarter 2018   Nov 19, 2018
The third quarter 2018 results were good overall and beat Wall Street's expectations this quarter, unlike the preceding quarter which was a disappointment. Exxon Mobil produced 3,786 K Boep/d this ... Seeking Alpha  

Oil rises on expected OPEC cut, but markets remain wary   Nov 19, 2018
SINGAPORE (Reuters) - Oil prices rose on Monday as traders expected top exporter Saudi Arabia to push producer club OPEC to cut supply towards the end of the year. Despite that, market sentiment ... Reuters  

Can We Expect A Major Rebound In Oil Prices?   Nov 19, 2018
2 days I Believe I Can Fly: Proposed U.S. Space Force Budget Could Be Less Than $5 Billion Nick Cunningham is a freelance writer on oil and gas, renewable energy, climate change, energy policy and ... OilPrice  

The Saudis Are Hinting At Another U-Turn In Oil Markets   Nov 19, 2018
A month after President Donald Trump announced that the United States was withdrawing from the Iran nuclear deal and re-imposing sanctions on Tehran’s oil, Iran’s archrival and OPEC’s de ... OilPrice  

Saudis Cut Oil Exports To U.S. To Boost Crude Prices   Nov 18, 2018
Saudi Arabia has been slashing oil exports to the United States over the past two months, in what looks like a move to force a reduction in the world’s most transparently reported inventories ... OilPrice  

'Blow themselves up:' Police worried about home butane hash oil extractions   Nov 18, 2018
Alberta law enforcement officials say they worry the legalization of marijuana could lead to potentially explosive consequences for users taking a do-it-yourself approach to making cannabis derivatives at home. Just over a month ago, Canadians were given ... CBC.ca  

Turkey warns ExxonMobil against drilling with Greek Cypriots   Nov 18, 2018
ISTANBUL (AP) -- Turkey's Foreign Ministry has cautioned an international energy company against cooperating with the government of Cyprus in its search for gas. Foreign Ministry spokesman Hami ... Yahoo Finance  

What The Oil Price Collapse Says About The Economy   Nov 18, 2018
In Tuesday’s technical update, I discussed the breakdown in the major markets both internationally as well as domestically. Of note, was the massive bear market in China which is currently down ... OilPrice  

How Risky Is an Investment in Canada’s Oil Sands?   Nov 18, 2018
Despite claims from some pundits to the contrary, investing in Canada’s oil sands is a hazardous activity. Not only is weaker oil weighing on many oil sands operators, but the ever wider spread between Canadian heavy oil known as Western Canadian Select ... Finance Yahoo  

These Houston-based public companies reported the highest median employee pay for 2017   Nov 18, 2018
Cecil Gregg, senior district president for national recruiting firm Robert Half, said energy companies are often willing to shell out big salaries ... not appear on HBJ's top 25 List. The oil and gas exploration company had 27 workers at the close of ... The Business Journals  

All offshore rigs temporarily shut down, petroleum board says   Nov 18, 2018
Reports claiming crew had abandoned ship in lifeboats were unfounded. Panamanian carrier safe off St. John's, after issuing distress call Husky Energy reported Friday that a flowline to the SeaRose FPSO leaked 250,000 litres of crude. The board is ... CBC.ca  

Oil Prices May Have Reached A Bottom   Nov 18, 2018
Last Friday, oil prices fell for the 10th consecutive day. According to CNBC, this marked the longest losing streak for crude oil in 34 years. I have covered the factors behind this drop in the ... OilPrice  

Natural Gas Price Fundamental Weekly Forecast – Heightened Volatility Indicated but Short-Squeeze May Be Over   Nov 18, 2018
Natural gas futures finished higher last week after posting a pair of the most volatile consecutive daily price swings in its history. Buyers stepped in at the end of the week after a double-digit ... Yahoo Finance  

Exclusive: U.S. shale firms offer $100 million to aid Texas, New Mexico   Nov 18, 2018
Chevron, EOG Resources, Exxon Mobil and Royal Dutch Shell are among 17 companies backing the Permian Strategic Partnership, as the consortium is called, Don Evans, a former U.S. government official and energy executive helping launch the group, told ... Reuters  

Ineos in Talks to Buy Conoco's U.K. Assets, Times Says   Nov 18, 2018
British billionaire Jim Ratcliffe’s Ineos Group is in exclusive talks to buy U.K. oil and gas fields from ConocoPhillips, the Sunday Times reported, without saying where it got the information. The U.S. company plans to invite bids by the end of the year ... Bloomberg L.P.  

The Oil Price Is Now Controlled By Just Three Men   Nov 18, 2018
(Bloomberg Opinion) -- OPEC has lost what control of the oil market it ever had. The actions (or tweets) of three men — Presidents Donald Trump and Vladimir Putin and Crown Prince Mohammed Bin ... Yahoo Finance  

Oil Slumps to Sixth Weekly Loss on Shaky Outlook for Supply Cuts   Nov 18, 2018
(Bloomberg) -- Oil notched its sixth straight weekly loss, weighed down by concerns over whether OPEC and its allies can reduce production enough to stanch a global supply glut. After bouncing between gains and losses on Friday, futures were unchanged at ... Yahoo New Zealand  

North Dakota oil and gas production hit new highs   Nov 17, 2018
BISMARCK, N.D. (AP) — North Dakota set oil and gas production records in September, but a slowdown is expected in the coming months due to a sharp drop in oil prices. The state’s director of mineral resources, Lynn Helms, said Friday that oil ... Associated Press  

Alaska Sees Record Breaking Year For Oil And Gas Leases   Nov 17, 2018
Alaska is still trying to make an oil production comeback after years of declining production from maturing fields. On Wednesday, the Alaska Department of Natural Resources said in a release that ... OilPrice  

How to keep recycling from turning into 'wishcycling'   Nov 17, 2018
The Recycling Partnership has more than 40 funding partners, including some of the largest global companies such as Coca-Cola, PepsiCo, Keurig Dr. Pepper, Target, Proctor & Gamble, ExxonMobil, Amazon, International Paper and Starbucks. "Part of the reason ... Yahoo Finance UK and Ireland  

Enbridge says it's increasing gas flows to 85 per cent in repaired BC pipeline   Nov 17, 2018
Enbridge Inc. says it has increased flow of natural gas through a segment of a pipeline that ruptured and burned near Prince George, B.C., more than a month ago. The company says it will increase ... BC CTV News  

Trump Claims Victory As Oil Prices Plummet   Nov 17, 2018
Oil prices are now down over 20 percent from recent highs, and President Trump knows exactly where the credit for that belongs. “If you look at oil prices they’ve come down very substantially ... OilPrice  

Bad weather hampers oil spill containment off the coast of Newfoundland   Nov 17, 2018
ST. JOHN'S, N.L. -- Nasty November weather is preventing spill responders from containing an estimated 250 cubic metres of oil that leaked into the sea off the coast of Newfoundland and Labrador on Friday, officials said Saturday. Husky Energy said the ... CTV News  

Energy minister undeterred as offshore drilling dries up   Nov 17, 2018
If a company is spending $300 million on a well and gets no ... and lack of success today is a strong influence around their perception of success tomorrow." Shell abandons dry oil well off Nova Scotia's coast It's telling, he said, that there are no ... CBC.ca  

Bad weather still preventing SeaRose spill containment, Husky says   Nov 17, 2018
Waves are still too high to investigate what caused the spill or whether the SeaRose FPSO is still losing crude, Husky Energy said Saturday. Husky spokesperson Colleen McConnell said the company, alongside spill responders, are waiting for swells to ... CBC.ca  

Oil vessel off the Newfoundland coast spills 250,000 litres of crude   Nov 17, 2018
An oil spill off the coast of Newfoundland caused an estimated 250,000 litres of crude to leak into the ocean, Husky Energy said Friday. The leak, from a flowline to the SeaRose FPSO, a vessel stationed about 350 kilometres off the Newfoundland ... CBC.ca  

Canada seeks strategic allies as U.S.-China trade war dominates APEC   Nov 17, 2018
The two leaders also discussed liquid natural gas (LNG) development on Canada's West Coast. Malaysian-owned Petronas is an investor in the project. On Sunday, Trudeau will meet with Japanese Prime Minister Shinzo Abe and Australian Prime Minister Scott ... CBC.ca  

Williams (WMB) and Brazos to Create JV in Delaware Basin   Nov 17, 2018
El Dorado, AR-based Murphy Oil Corporation MUR carries a Zacks Rank #2. The company’s sales for 2018 are expected to grow more than 20% from 2017. Today's Stocks from Zacks' Hottest Strategies ... Yahoo Finance  

Natural Gas Prices Surge to 2014 Levels   Nov 17, 2018
The David Rubenstein Show: Peer-to-Peer Conversations" explores successful leadership through the personal and professional choices of the most influential people in business. Bloomberg L.P.  

UGI Declares Common Dividend   Nov 17, 2018
Through subsidiaries, UGI operates natural gas and electric utilities in Pennsylvania, distributes propane both domestically and internationally, manages midstream energy and electric generation ... Yahoo Finance  

MEG Energy: Take The Money And Run Or Maybe Some Husky Shares   Nov 17, 2018
485 shares of Husky Energy (OTCPK:HUSKF) common stock by Husky Energy. Husky Energy has now taken the offer directly to the shareholders. Those shareholders now have until January to decide ... Seeking Alpha  

RPT-COLUMN-Oil market roiled by too much gasoline, not enough diesel: Kemp   Nov 17, 2018
LONDON, Nov 16 (Reuters) - Global oil markets are increasingly over-supplied with light distillates, such as gasoline, while there are not enough middle distillates, such as diesel, which has ... Reuters  

New SAIT lab looks to improve environmental performance in oilsands steam generation   Nov 17, 2018
No tailings ponds, but in situ oilsands still release toxic contaminants: study Dave Rowley, a steam staff engineer with ConocoPhillips, says build up in machinery tubes in the oilsands can cause big problems. "If you use the same mug of coffee over and ... CBC.ca  

Alberta energy firms split on call for government-imposed production cuts   Nov 17, 2018
On Thursday, oilsands and refining firms Suncor Energy Inc. and Husky Energy Inc. rejected a call by rival Cenovus Energy Inc. for government-imposed temporary cuts, while Canadian Natural Resources Ltd. stepped up to endorse the idea. The province ... CBC.ca  

State AGs, enviros support NYC appeal of climate-change lawsuit v. Big Oil   Nov 17, 2018
The groups filed five separate amicus briefs urging the 2nd U.S. Circuit Court of Appeals to overturn the July dismissal of the city’s lawsuit against BP, Chevron, ConocoPhillips, Exxon Mobil and Royal Dutch Shell. They argue that U.S. District Judge ... Reuters  

Aimia, Inc. (GAPFF) CEO Jeremy Rabe on Q3 2018 Results - Earnings Call Transcript   Nov 17, 2018
In energy, Husky Energy has been a partner since 2012, while ExxonMobil has been a partner for over 15 years. In Canada, Australia and the Middle East, our loyalty services teams are working with ... Seeking Alpha  

Unclear Brexit Deal Could Damage UK Oil Industry   Nov 17, 2018
The UK’s draft withdrawal agreement for leaving the European Union lacks clarity, which could be damaging to the UK oil and gas industry with increased costs for retaining skilled workers ... OilPrice  

Former P.A. city councillor questions projects funded with Husky money   Nov 17, 2018
Husky Energy has promised a cheque for $250,000 every year for the next four years, but Mayor Greg Dionne says there is no need to wait for the cheques to arrive. “You’re guaranteed the money ... CTV Saska Toon News  

Anadarko unveils 2019 capex outlook, ups dividend, raises stock buybacks   Nov 17, 2018
Anadarko Petroleum (NYSE:APC) +1.4% after-hours as it releases guidance for a FY 2019 capital budget of $4.3B-$4.7B while also delivering 10% Y/Y growth in oil sales volume. The company forecasts ... Seeking Alpha  

Pipeline Picks for the Long-Term Investor   Nov 17, 2018
They have this partnership with ExxonMobil. It'll be the next Permian pipeline that will probably be built. Exxon signed a big, long-term contract to be an anchor shipper on this pipeline. Yahoo Finance  

Oil tanker off the Newfoundland coast spills 250,000 litres of crude into the ocean   Nov 17, 2018
An oil leak from a flowline to a tanker off the coast of Newfoundland caused an estimated 250,000 litres of crude to spill into the sea, Husky Energy said Friday. The spill from the SeaRose tanker about 350 km off the Newfoundland coast happened ... CBC.ca  

Anadarko eyes $200M investment toward Mozambique LNG project   Nov 16, 2018
Anadarko Petroleum (APC +1.6%) says it has allocated $200M for a planned Mozambique liquefied natural gas export project and plans to make a final investment decision in H1 2019. The $200M figure ... Seeking Alpha  

Enbridge Announces Conversion Results for Series N Preferred Shares   Nov 16, 2018
About Enbridge Inc. Enbridge is North America's premier energy infrastructure company with strategic business platforms that include an extensive network of crude oil, liquids and natural gas ... Yahoo Finance  

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