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Oil Halts Gain as U.S. Supplies Weighed Against Drilling Decline

2015-11-26 16:41:14| Oil & Gas - Topix.net

Oil halted three days of gains in New York as expanding U.S. inventories countered signs drilling is slowing in the world's biggest consumer. Futures fell as much as 0.9 percent after advancing 6.6 percent the previous three days.

Tags: supplies gain oil decline

 

Canadian regulator asks TransCanada to stop drilling at McDermott Extension project

2015-11-23 01:00:00| Hydrocarbons Technology

TransCanadas wholly-owned subsidiary Nova Gas Transmission (NGTL) has received an order from the National Energy Board (NEB) of Canada to stop all further drilling activities at its McDermott Extension natural gas pipeline project in Alberta.

Tags: project stop canadian extension

 
 

Statoil completes drilling exploration well on Visund field in Norwegian North Sea

2015-11-20 01:00:00| Offshore Technology

Statoil Petroleum has completed drilling of exploration well 34/8-16 S located on the east flank of the Visund field in the northern part of the Norwegian North Sea.

Tags: north field sea exploration

 

Trinidad Drilling Upgraded to "Strong-Buy" at Raymond James

2015-11-18 17:17:30| Logistics - Topix.net

Several other research firms have also issued reports on TDG. CIBC decreased their price objective on shares of Trinidad Drilling from C$6.00 to C$5.50 and set a "sector outperformer" rating for the company in a report on Tuesday, July 21st.

Tags: james trinidad raymond upgraded

 

Statoil, Like Shell, Will Abandon Arctic Drilling

2015-11-18 14:20:00| Climate Ark Climate Change & Global Warming Newsfeed

Washington Post: Statoil, the major Norwegian oil company, announced Tuesday that just like Royal Dutch Shell, it too is abandoning plans of drilling in the Alaskan Arctic. The company said it is exiting 16 leases under its own operation and also shutting down its Anchorage, Alaska office. It is also exiting its stake in 50 leases that, it said, are under the operation of Conoco Phillips. The company cited recent exploration results in neighbouring leases, and added that leases in the Chukchi Sea are no longer...

Tags: shell arctic abandon drilling

 

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