Headlines for June 28, 2017

  1. Daily Infographic: OPEC Crude Oil Supply Climbs

    Increased output in Libya and Nigeria, both spared from supply cuts, pushed OPEC crude production up by 290,000 bbls per day in May to 32.08 million bbls per day, the highest level so far this year.

  2. 99.999 Per Cent Safety Record Maintained, Says CEPA

    Canadian Energy Pipeline Association (CEPA) members maintained a 99.999 per cent safety record, with an ongoing commitment to reach zero incidents, the industry group said in its 2017 Transmission Pipeline Industry Performance Report released this morning.

  3. Sturgeon Refinery Costs Increase: Report

    The price tag for the Sturgeon refinery, an 78,000 bbl per day project being built northeast of Edmonton, has ballooned to $9.3 billion, up from $8.5 billion, according to a report by Calgary-based AltaCorp Capital.

  4. Painted Pony CFO Retiring

    John H. Van de Pol, senior vice-president and chief financial officer of Painted Pony Energy Ltd.’s, has advised the board of directors and executive team of his intention to retire.

  5. Connacher Receives Extension Of CCAA

    Connacher Oil and Gas Limited has obtained an extension of the stay of proceedings in its Companies' Creditors Arrangement Act (CCAA) proceeding to Jan. 31, 2018.

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