RPC's (RES) strong balance sheet is set to provide the company with massive financial flexibility and breathing room during tough times.
Suncor Energy (SU) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
ExxonMobil (XOM) and Summit Midstream's Double E Pipeline is likely to be commissioned in the fourth quarter of 2021.
The remaining opportunities for ConocoPhillips (COP) in the Eagle Ford shale could lend the company access to huge oil equivalent potential reserves.
TC Energy (TRP) launches binding open season to seek shipper commitments and expects to free about 80K bbl/day of capacity on the existing base, Keystone XL pipeline system.
With the Parsley acquisition, Pioneer Natural Resources (PXD) bolsters Permian presence. In the basin, the combined company is now likely to have 930,000 net acres.
Cenovus Energy's (CVE) strategic acquisition of Husky Energy has created the third-biggest energy producer in Canada.
W&T Offshore (WTI) consolidates the two onshore natural gas treatment units ??? part of the Onshore Treating Facility ??? that it acquired from ExxonMobil in 2019.
Shell Canada, a subsidiary of Shell (RDS.A) invests in an C$875-million low-carbon plant in Varennes, Quebec, which diverts non-recyclable and wood waste materials into biofuel.
BP's Grand Tortue Ahmeyim gas project is likely to produce LNG of 2.5 million tons per annum and natural gas of 70 million cubic feet per day.
, /PRNewswire/ -- The last great oil discovery onshore could unfold in the next few weeks, and it's been hiding right under the noses of the supermajors. It's all because of a treasure trove of government-held...
Matador's (MTDR) operations are mainly concentrated in the Permian Basin, which is among the country's most prolific hydrocarbon plays.
Earthstone's (ESTE) acquisition of Independence Resources Management is valued at $182 million.
Suncor Energy (SU) recommences its Fort Hills oil sands mine activity, which was stalled after it suffered a recent mine disaster at the site, which killed two laborers of Clearstream Mining.
Suncor Energy (SU) foresees a write-down of nearly C$425 million for fourth-quarter 2020 on its share of the White Rose asset and West White Rose Project as the prospect of the project seems in limbo.
Schlumberger (SLB) receives a 37% stake in the combined entity, per the deal closed on the last day of 2020.
Cenovus (CVE) expects the combined entity to have a production capacity of 750,000 Boe/d.
All financial figures are in Canadian dollars.
Suncor Energy (SU) stalls activities at the Fort Hills oil sands mine for an uncertain period as investigations into the death of two workers is in progress.
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