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Prairie Provident Announces Significant Incremental Reserves Booking Attributable to Evi Waterflood

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CALGARY, Alberta, Sept. 18, 2019 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) is pleased to announce the results of an updated independent reserves evaluation of the Company’s interests in respect to specific reserve entities within three future undeveloped waterflood expansion areas in Evi (“Evi Waterflood Areas”). The evaluation was Read More

U.S. trade groups urge Congress to rein in ‘Tariff Man’ Trump

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WASHINGTON (Reuters) – Nearly two dozen U.S. lobbying groups have joined forces to try to rein in U.S. President Donald Trump’s power to unilaterally impose tariffs amid growing concern about the negative economic impact of his trade policies. FILE PHOTO: U.S. President Donald Trump walks to address the media before boarding Marine One for a Read More

API: U.S. supply, global efforts cushion global oil markets after weekend attack

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By Dr. Dean Foreman, Chief Economist, American Petroleum Institute on 9/17/2019 WASHINGTON – An attack on a Saudi Arabian oil processing facility over the weekend has knocked out a significant part of Saudi production, at least temporarily, shaking oil markets. The precise amount and duration of the outage remains uncertain, and there are still unknowns Read More

Exclusive: Cities to step up at U.N. to push climate fight, sustainable development

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UNITED NATIONS (Reuters) – As some world leaders question whether the world is facing a climate emergency, more than a dozen cities are stepping up to tackle global warming and sustainable development and will next week pledge to report their progress to the United Nations. People take part in a bicycle demonstration on a highway Read More

Oil prices up 12% after attack on key Saudi oil facilities

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NEW YORK (Reuters) – Oil prices jumped roughly 12% on Monday after an attack on Saudi Arabian crude oil facilities over the weekend sliced the kingdom’s production in half and intensified concerns of retaliatory actions in the Middle East. FILE PHOTO: Oil pours out of a spout from Edwin Drake’s original 1859 well that launched Read More

‘Locked and loaded’: Trump warns Iran as oil prices surge

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By Alix Culbertson, news reporter Global oil prices surged by nearly 20% following the bombing of two massive Saudi energy plants. Analysts have warned motorists are likely to feel the effects in coming days as pump prices are set to rise, with Californian motorists to be hit the hardest as the state relies on Saudi Read More

Oil prices surge after Saudi drone attacks as US-Iran row deepens

3 days ago DieselGasoil Comments Off on Oil prices surge after Saudi drone attacks as US-Iran row deepens
By Alix Culbertson, news reporter Global oil prices surged by nearly 20% following the bombing of two massive Saudi energy plants. Analysts have warned US motorists are likely to feel the effects in coming days as pump prices are set to rise, with Californian motorists to be hit the hardest as the state relies on Read More

OxyContin maker Purdue Pharma files for bankruptcy protection

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NEW YORK (Reuters) – OxyContin maker Purdue Pharma LP filed for bankruptcy protection in New York Sunday night, succumbing to pressure from more than 2,000 lawsuits alleging the company helped fuel the deadly U.S. opioid epidemic. FILE PHOTO: Bottles of prescription painkiller OxyContin pills, made by Purdue Pharma LP sit on a counter at a Read More

‘Ban kids from loot box gambling in games’

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In-game spending should be regulated by gambling laws and so-called loot boxes banned entirely for children, MPs say. The industry’s UK trade body responded it would “review these recommendations with utmost seriousness”. But the committee of MPs had accused some of those who had given evidence of a “lack of honesty and transparency”. Free video Read More

Reuters asks judge to release secret Propecia documents

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SAN FRANCISCO (Reuters) – Reuters asked a U.S. judge on Thursday to unseal documents filed in court regarding potential risks associated with Propecia, Merck & Co’s (MRK.N) popular baldness drug. A bottle of Propecia is seen on a pharmacy shelf in New York City, U.S., August 8, 2019. Picture taken August 8, 2019. REUTERS/Zachary Goelman Read More