Saturday, November 23, 2024
OPEC Cuts Will Bring Crude Oil into Balance in 2017: UBS

Critical Global Oil Chokepoints Becoming Hazardous

Middle Eastern tensions endanger oil highways Some of the most important routes for global oil trading are becoming uncertain, as tensions flare and security becomes shaky. While pipelines are a major component of oil transportation within a country, they often have limited usefulness in international oil transportation. Major oil producers are often thousands of miles away from major demand centers,

QEP Holds Out for Better Price in Bakken

Current bids too low, will keep marketing QEP Resources (ticker: QEP) reported second quarter results today, showing a net loss of $336 million, or ($1.42) per share. This loss is due to a $404 million impairment QEP recorded on the sale of its Uinta Basin assets. After adjusting for these and other special items, QEP earned an adjusted $13.8 million

Bellatrix Exploration Presenting at The Oil and Gas Conference

Bellatrix Exploration Ltd. (TSX/NYSE: BXE) Company Overview Bellatrix is a western Canadian focused intermediate oil and natural gas producer currently producing approximately 35,000 boe/d.  The company is known for its high-quality asset base located in the Deep Basin of Alberta with multi-zone potential for light sweet oil in the Cardium and high impact liquids-rich natural gas in the Spirit River