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LNG Canada CEO Sees No Scenario That Would Stop Its Project
The head of LNG Canada said he does “not see a single scenario” that would stop the nation’s largest infrastructure project from getting built, dispelling concerns that the $30 billion gas export facility is at risk of mounting opposition from pipeline foes.
Drillers in Fledgling Alberta Play Shrug Off Glut
Drillers are moving ahead in a corner of Canada’s oil sands that saw a flurry of land grabs in recent years, unfazed by a glut of crude that depressed prices last year and the mandatory production cuts that followed.
Norway Decides Fate of $1 Trillion Wealth Fund's Oil Stocks: Q&A
Norway will on Friday decide whether to let its $1 trillion sovereign wealth fund dump all its oil and gas stocks. Here’s what you need to know.
ExxonMobil, Qatar Petroleum Find Gas Offshore Cyprus
ExxonMobil Corp and Qatar Petroleum have discovered natural gas offshore Cyprus, both companies announced Thursday.
Production From ‘Supergiant’ Zohr Field Off Egypt Hits 2 Bcf/D
The Zohr Field offshore Egypt is now flowing at more 2 Bcf/D, or 365,000 BOE/D, less than a year after it started production. The benchmark comes as operator Eni solidifies concession agreements and ramps up exploration and development in the North African country.
U.S. 'likely' has taken over as the world's top oil producer
The United States may have reclaimed the title of the world's biggest oil producer sooner than expected.