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US Oil Production On Brink Of 'Dramatic' Decline, Exec Says
Tuesday, October 06, 2015 - Oil executives warn of a "dramatic" decline in US production that could pave the way for a future spike in prices if fuel demand increases.
Oil Drillers Bet Choking Wells Will Keep Shale From Going Bust
Friday, October 02, 2015 - Encana and others envision a future with a more stable flow from wells, so that they don't always have to keep drilling simply to maintain output.
Jim Rogers Says Oil Ignoring Bad News Usually Means Rebound Near
Friday, October 02, 2015 - Oil is holding near $45 while the bad news keeps coming. For investor Jim Rogers, that's usually a sign a rebound is near.
Oil Patch Braces for Exploration Chill After Canada's Election
Monday, October 05, 2015 - As Canada's oil patch grapples with a price shock, pipeline delays and rising tax rates, the federal election could add another barrier to recovery by reining in a key incentive for development of new wells.
Oilfield Cannibals: To Save Cash, US Drillers Strip Idle Rigs
Wednesday, October 07, 2015 - In a bid to save cash, rig owners are cannibalizing parts such as motors and drill pipe from idled rigs to fix 800 active ones in the US when stuff breaks.
OPEC Sec-Gen Sees Oil Market Improving, Low Price Will Not Persist
Tuesday, October 06, 2015 - OPEC sees the oil market improving because of higher demand for the group's crude and a drop in supply growth from non-members, its secretary-general says.
Suncor Makes Unsolicited $3.3 Billion Bid for Canadian Oil
Monday, October 05, 2015 - Suncor Energy makes an unsolicited offer to buy Canadian Oil Sands Ltd. for about C$4.3 billion ($3.3 billion), taking advantage of plunging crude prices to seek to add production in Alberta.
PETRONAS' First Female Drilling Supervisor Settles in Trailblazing Role
Tuesday, October 06, 2015 - Penny Chan is proof that female employees in Malaysia's PETRONAS can take on challenging roles in a male-dominated offshore oil and gas sector when the opportunity arises.
Baker Hughes: US Oil Drillers Cut Rigs For 5th Week
Friday, October 02, 2015 - US energy firms cut 26 oil rigs in the latest week, the biggest reduction since April and the fifth straight weekly decline, data shows.
Statoil Buys Stake in Alfa Sentral Gas Field License on UKCS
Friday, October 02, 2015 - Norway's Statoil pays $15 million for a 24-percent stake in the UK license that contains the Alfa Sentral gas and condensate field.


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