by DELCommInc | Jan 3, 2018 | Industry News
The U.S. Department of Energy (DOE) has announced the selection of six projects to receive approximately $30 million in federal funding for cost-shared research and development in unconventional oil and natural gas recovery. The projects, selected under the Office of...
by DELCommInc | Jan 2, 2018 | Industry News
Oil prices will remain at $40-$60 per barrel in 2018 despite the extension of OPEC-led production cuts through the end of the year, Moody’s Investors Service says in its 2018 credit trends report for the global oil and gas industry. Higher prices within or above...
by DELCommInc | Dec 15, 2017 | Industry News
Unconventional oil reserves across the top 10 countries* stand at 9.2 per cent (45.8 billion barrels), oil sands reserves stand at 6.7 per cent (33.3 billion barrels), and heavy oil represents 4.5 per cent (22.2 billion barrels) of all remaining reserves, according...
by DELCommInc | Dec 7, 2017 | Industry News
The energy industry will continue its slow recovery as upstream companies increase production, helping the midstream and services sectors as well. Excess supply will continue to dampen oil prices in the coming year, Moody’s Investors Service says in its 2018...
by DELCommInc | Dec 6, 2017 | Industry News
Petroteq Energy Inc., a company focused on the development and implementation of proprietary technologies for the environmentally safe extraction of heavy oils from oil sands, oil shale deposits and shallow oil deposits, announced today that it has joined the American...
by DELCommInc | Nov 20, 2017 | Industry News
TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) confirmed today that the Nebraska Public Service Commission (PSC) has approved an alternative route for the proposed Keystone XL Pipeline project through the state. TransCanada is evaluating the PSC’s...
