Energy News for the Canadian Oil & Gas Industry

• COMMENTARY: Saudi Arabia Makes a Promise That It Just Can’t Keep: Julian Lee
  By Julian Lee Aug 18, 2019 (Bloomberg Opinion) Saudi Arabia isn’t as willing to do whatever it takes to support oil prices as it would have us believe. That’s the only conclusion one can draw from what we’ve learnt since a government official said the kingdom wouldn’t tolerate a continued price slide.After crude fell to a seven-month […]
• Power outage causes oil spill off N.L., Canadian Coast Guard notified
  ST. JOHN'S, N.L. — An oil platform temporarily lost power on Saturday, causing about 2,200 litres of oil to spill into the ocean southeast of St. John's, N.L. A statement from Hibernia Management and Development Company says the power outage activated... The post Power outage causes oil spill off N.L., Canadian Coast Guard notified appeared first […]
• Eye on Energy: Stock Markets Get Shafted Last Week – Josef Schachter
      Each week Josef Schachter will give you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 34 energy and energy service companies with regular updates. He holds quarterly subscriber webinars and provides Action BUY […]
• HY-LOK CANADA: YOUR SOURCE FOR LEADING DOUBLE BLOCK AND BLEED VALVES
  Are you looking to protect your fluid control system and ensure a leakproof seal by installing block and bleed valves? Hy-Lok Canada is a leading producer of high quality fitting and valve components for broad clientele base across the company, and spanning the international market. With a focus on innovative design, one of the largest […]
• OPEC sees bearish oil outlook for rest of 2019, points to 2020 surplus
  August 16, 2019 Reuters OPEC delivered a downbeat oil market outlook for the rest of 2019 on Friday as economic growth slows and highlighted challenges in 2020 as rivals pump more, building a case to keep up an OPEC-led pact to curb supply. In a monthly report, the Organization of the Petroleum Exporting Countries cut its […]
• Husky to resume full production at White Rose field
  August 16, 2019 Reuters Husky Energy Inc said on Friday it would resume production from the last two shut-in drill centers at its White Rose field, which was shutdown last year after an oil spill off the Atlantic Coast.The Canadian oil and gas producer said it will now begin an orderly restart process and expects to […]
• OPEC sees bearish oil outlook for rest of 2019, points to 2020 surplus
  August 16, 2019 Reuters OPEC delivered a downbeat oil market outlook for the rest of 2019 on Friday as economic growth slows and highlighted challenges in 2020 as rivals pump more, building a case to keep up an OPEC-led pact to curb supply. In a monthly report, the Organization of the Petroleum Exporting Countries cut its […]