Oil Sands

The Rise of Natural Gas Exports

Over the last decade, strong growth in production has allowed the U.S. to become a net exporter of natural gas. Both pipeline exports to Mexico and liquefied natural gas (LNG) exports to the rest of the world, especially Asia, have been growing rapidly, and significant further growth is forecast. ...

Tech Talk for Thursday June 13th 2019

  StockTwits released yesterday @EquityClock Technical action by S&P 500 stocks to 10:00: Quietly bullish. Intermediate breakouts: $JNJ $XRX. No breakdowns. Editor’s Note: After 10:00 AM EDT, intermediate breakout included MRK and breakdown included RTN. Johnson & Johnson $JNJ, a Dow Jones Indu ...

Aussie drops on stubborn unemployment

  Jobless rate unchanged Australia’s unemployment rate was unchanged a 5.2% in May, defying economists’ expectations of a dip to 5.1%. An increase in the participation rate to 66.0% from 65.8% could partly explain the unchanged rate, but the market preferred to focus on the fact that is could ...

Hong Kong Crisis; Trump threatens pipeline sanctions; Cooler Inflation Drives Fed Rate Cut Bets

Hong Kong is in danger of blowing up and could drag mainland China along with it.  Beijing appears set on ending the one country, two systems principle as it pushes forward in supporting an extradition bill that would allow Hong Kong residents to be sent to the mainland.  The extradition bill is ...

Alvopetro Announces Operational Update

CALGARY, June 12, 2019 /CNW/ – Alvopetro Energy Ltd. (TSX-V: ALV; OTCQX: ALVOF) announces a permitting and operational update for the construction of our strategic midstream infrastructure (100% Alvopetro) underpinning the commercialization of our Caburé natural gas field (49.1% Alvopetro).  ...

Oil Sell‑Off Sparks Investment Opportunities

In recent weeks, renewed trade concerns, slowing oil demand, and a notable acceleration in implied U.S. oil production have spurred a material sell-off in oil. Similar concerns caused oil prices to drop at the end of last year, which prompted OPEC+ (i.e., the Organization of the Petroleum Exporting ...

Argentina’s untapped shale spurs search for next oil and gas giant: Fuel for Thought

On the vast, desolate plains of southern Patagonia, Compañía General de Negocios is stepping up drilling and exploration where few companies operate, an emerging trend of widening the search for oil and natural gas in Argentina. “The resource is very large,” Hugo Eurnekian, president of the A ...

Corrected Press Release: Shawcor Announces International Offshore Pipe Coating Contracts

TORONTO, June 11, 2019 (GLOBE NEWSWIRE) — Shawcor Ltd. (TSX: SCL) earlier today announced that its pipe coating division has entered into contracts with an international EPC contractor to provide coating services for offshore pipeline projects. The earlier release incorrectly identified certain ...

Shawcor Announces International Offshore Pipe Coating Contracts

TORONTO, June 11, 2019 (GLOBE NEWSWIRE) — Shawcor Ltd. (TSX: SCL) today announced that its pipe coating division has entered into contracts with an international EPC contractor to provide coating services for the following offshore pipeline projects: Petrobras’ Mero in Brazil ConocoPhillips ...

Inter Pipeline Announces June 2019 Cash Dividend

CALGARY, June 10, 2019 /CNW/ – Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today the declaration of a cash dividend of $0.1425 per share for June 2019. This dividend will be paid on or about July 15, 2019 to shareholders of record on June 21, 2019. This dividend is designated ...