July 17, 2015

Frontera Resources Corporation (AIM:FRR), an independent international oil and gas exploration and production company, today announces that on 13 July 2015 it signed a strategic Memorandum of Understanding (“MOU”) with Ukraine’s national energy company, National Joint Stock Company Naftogaz of Ukraine. The MOU serves to establish a focused joint effort to work together in upstream exploration and production projects in

Via Reuters: LONDON (Reuters) – Royal Dutch Shell <RDSa.L> expects oil prices to recover gradually over the next five years, with progress slowed by persistent global oversupply and receding Chinese demand growth. The Anglo-Dutch energy giant is betting on crude rising to $90 a barrel by 2020, a key assumption in its move to buy rival BG Group <BG.L> for

Via BNN Canada’s premiers have reached a deal on the long-awaited Canadian Energy Strategy that officials describe as aspirational. It sets no Canada-wide hard targets for greenhouse gas emissions reductions but provides a roadmap for expansion of pipelines and the country’s energy industry. Provincial officials told The Globe and Mail on background that each province has its own climate change

Source: Bloomberg Eight months into OPEC’s plan to hit rival oil producers, the casualties are mounting. Surprisingly, the most resilient may be the one that triggered the fight: the U.S. Projections for combined daily output from Brazil, Canada, Russia, Mexico and Colombia by the end of the decade were cut by 2.8 million barrels since oil slumped last year, data