OPEC+ Deal Collapse, Virus Double Whammy To Keep Oil In $30s Range

March 13, 2020, 8:11 AM MDT

Murphy Cuts Capital Budget, Including Deferral Of Montney Completions

Murphy Oil Corporation’s revised 2020 budget is $950 million.

March 12, 2020, 6:43 AM MDT

Ovintiv Takes Ax To Capital Budget

Ovintiv Inc. announced plans to immediately reduce second quarter 2020 capital investments by $300 million and full year cash costs by $100 million.

March 12, 2020, 12:27 PM MDT

Oil Falls, Brent Crude Drops 8% After Trump Surprises With Travel Curbs

March 12, 2020, 10:52 AM MDT

U.S. Crude Stockpiles Jump, Product Inventories Fall: EIA

March 11, 2020, 11:12 AM MDT

North American Oil Companies Slash Spending To Cope With $30/bbl Crude

March 11, 2020, 9:53 AM MDT

Chesapeake Among Most Endangered Shale Producers In Oil Rout

March 10, 2020, 8:37 AM MDT

Ensign Energy Records Net Loss, Grows Revenues In 2019

Drilling operating days were up in Ensign Energy Services Inc.’s Canadian and American drilling segments year-over-year in 2019.

March 10, 2020, 8:44 AM MDT

Marathon Oil Cuts Spending By About 30% As Crude Prices Slump

March 10, 2020, 11:28 AM MDT

Colorado Hands Suncor $9 Million Enforcement For Air Pollution Violations

March 9, 2020, 8:26 AM MDT

U.S. Shale Producers Deepen Spending, Output Cuts As Oil Prices Slump

March 9, 2020, 11:16 AM MDT

AKITA Continues Rig Relocation Plan

AKITA Drilling Ltd. moved an AC pad heavy double drilling rig out of Canada to the Permian Basin in January 2020, bringing the company's total rig count in the U.S. to 18 rigs with 13 rigs located in the Permian Basin area where the company's presence continues to grow.

March 9, 2020, 8:39 AM MDT

U.S., Canada, European Nations Meet To Discuss Concern Over Mexico Energy Policy

March 9, 2020, 8:31 AM MDT

Calfrac Expects Strong Activity Levels In Canada In Q2 And Q3

Calfrac Well Services Ltd. isn’t likely to add capacity to its Canadian operations unless there’s meaningful improvement in pricing and returns, despite anticipated higher rig counts and activity in the first quarter of 2020 compared to a year ago.

March 6, 2020, 9:11 AM MST

Exxon To Push Ahead With Spending Plans Despite Investor Concerns

March 5, 2020, 10:55 AM MST

Texas Jury Opposes Felony Charges For Protesters Who Shut Houston Ship Channel

March 5, 2020, 8:58 AM MST

U.S. Crude Stocks Rise Modestly

March 4, 2020, 10:13 AM MST

Chevron Shows Off War Chest By Pledging Up To $80 Billion In Returns

March 4, 2020, 7:48 AM MST

Chevron Has Reality Check for ‘Aspirational’ Big Oil Carbon Goal

March 4, 2020, 7:27 AM MST

DOB Guidance Update: Service Companies Brace For More Capital Spending Cuts By U.S. Producers

Several U.S.-based producers reported their 2020 guidance at the end of February, with many shale-focused companies announcing year-over-year cuts in capital spending — and that was before any impacts on demand due to the coronavirus.

March 3, 2020, 10:58 AM MST

NCS Expects U.S. Customer Capital Budgets To Be Down 10-15%, Canada ‘Modestly Lower’

NCS Multistage Holdings, Inc. currently expects that customer capital budgets in the U.S. for 2020 will be 10-15 per cent lower than 2019 levels, and that customer capital budgets in Canada will be modestly lower than in 2019.

March 3, 2020, 7:59 AM MST

ExxonMobil Calls For Tighter Methane Regulations

March 3, 2020, 11:32 AM MST

Chevron Offering U.S. Workers Buyouts To Trim Staffing: Sources

March 3, 2020, 8:11 AM MST

Wall Street Backs Away From Arctic Drilling Amid Alaska Political Heat

March 3, 2020, 8:26 AM MST

Staged Approach Eyed In Potential Alliance U.S. Expansion

Pembina Pipeline Corporation has decided to take a staged approach to the expansion of the Alliance USA pipeline rather than the larger expansion it earlier contemplated, says a company executive.

March 2, 2020, 7:19 AM MST