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Cenovus to hold conference call and webcast on second-quarter 2019 results

3 days ago DieselGasoil Comments Off on Cenovus to hold conference call and webcast on second-quarter 2019 results
CALGARY, Alberta, July 18, 2019 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) will release its second-quarter results on Thursday, July 25, 2019. The news release will provide consolidated second-quarter operating and financial information. Financial statements will be available on Cenovus’s website, cenovus.com. A conference call and webcast to discuss the results will Read More

Sailor missing from US aircraft carrier rehearsing strike on Iran’s doorstep

3 days ago DieselGasoil Comments Off on Sailor missing from US aircraft carrier rehearsing strike on Iran’s doorstep
A search and rescue operation is underway for a US Navy sailor who fell overboard from the aircraft carrier USS Abraham Lincoln in the Arabian Sea. A Spanish and Pakistani ship are assisting the search. The sailor, whose name is being withheld in accordance with navy policy, was reported overboard on Wednesday. Search parties from Read More

KCA Deutag wins $168 million in Russian drilling contracts

6 days ago DieselGasoil Comments Off on KCA Deutag wins $168 million in Russian drilling contracts
7/15/2019 ABERDEEN — Global drilling and engineering contractor KCA Deutag (KCAD) is delighted to announce that its land drilling operation has won three new contracts in Russia worth approximately $168 million. These contracts are for eight high performance land rigs, seven of which were previously built by Bentec, KCAD’s rig and oilfield equipment manufacturer. A Read More

Analysis: SCOOP/STACK operators scale back rig activity

1 week ago DieselGasoil Comments Off on Analysis: SCOOP/STACK operators scale back rig activity
Highlights Active rigs drop 25% this year Midship Pipeline likely guarantees future growth Denver — Operators in the SCOOP/STACK have shed about a quarter of rigs in the play year to date, but with Midship Pipeline on track to enter service soon, it looks to ensure production growth despite the recent decline in activity. Not Read More

Cracks in Permian promise slowing shale boom

1 week ago DieselGasoil Comments Off on Cracks in Permian promise slowing shale boom
By Kevin Crowley and Rachel Adams-Heard on 7/12/2019 HOUSTON (Bloomberg) –The promise of the Permian is shrinking. Producers in the nation’s oil-rich shale basins are dialing back growth plans in the face of a growing panoply of problems that’s killing returns and keeping skeptical investors away. The constraints are manifold: pipeline limits, reduced flow from Read More

Storm Barry cuts half U.S. Gulf Coast oil output, flooding fears close coastal refinery

1 week ago DieselGasoil Comments Off on Storm Barry cuts half U.S. Gulf Coast oil output, flooding fears close coastal refinery
HOUSTON (Reuters) – An intensifying tropical storm in the U.S. Gulf of Mexico on Thursday cut more than half the region’s oil output, with energy companies evacuating staff from nearly 200 offshore facilities and a coastal refinery. Oil firms shut more than 1 million barrels per day of oil production, 53% of Gulf of Mexico’s Read More

Intensifying storm cut half U.S. Gulf Coast oil output, closes coastal refinery

1 week ago DieselGasoil Comments Off on Intensifying storm cut half U.S. Gulf Coast oil output, closes coastal refinery
HOUSTON (Reuters) – An intensifying tropical storm in the U.S. Gulf of Mexico on Thursday cut more than half the region’s oil output, with energy companies evacuating staff from nearly 200 offshore facilities and a coastal refinery. Oil firms shut more than 1 million barrels per day of oil production, 53% of Gulf of Mexico’s Read More

Cenovus achieves landmark business milestone

2 weeks ago DieselGasoil Comments Off on Cenovus achieves landmark business milestone
CALGARY, Alberta, July 11, 2019 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced today that on July 10, 2019 the company reached one billion barrels of cumulative production from its Foster Creek and Christina Lake oil sands facilities in northern Alberta. Cenovus is the first company to produce one billion barrels of Read More

Gran Tierra Energy Inc. Announces Operations Update

2 weeks ago DieselGasoil Comments Off on Gran Tierra Energy Inc. Announces Operations Update
CALGARY, Alberta, July 10, 2019 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today announced an operations update.  Production amounts are unaudited and on an average working interest before royalties (“WI”) basis unless otherwise indicated. Key Highlights Southern Putumayo Blockades Lifted – Production Restored: Gran Tierra has been able Read More