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ConocoPhillips Completes Sale of FCCL Partnership Interest
CA >>  5/17/2017 - ConocoPhillips completed its previously announced transaction with Cenovus to sell its 50 percent nonoperated interest in the Foster Creek Christina Lake (FCCL) oil sands partnership, as well as the m...

Suncor to Apply to Build New Oil Sands Project in Northern Alberta
CA >>  5/9/2017 - Suncor Energy, Canada's largest oil and gas producer, said on Monday it plans to submit an application to regulators for a new thermal oil sands project later this year, which could eventually produce...

Suncor Evaluates Potential Oil-Sand Deals as Global Majors Exit
CA >>  4/27/2017 - Suncor Energy Inc , Canada's largest energy producer, is still evaluating opportunities for oil sands acquisitions in northern Alberta as foreign oil majors exit the high-cost region, Chief Executive ...

BP Considering Sale of Stakes in Canadian Oil Sands Assets
CA >>  4/20/2017 - BP Plc is considering the sale of its stakes in three Canadian oil sands projects, people familiar with the matter told Reuters this week, as part of the British oil company's strategy of retreating f...

Chevron Exploring Sale of Canada Oil Sands Stake for $2.5b
CA >>  4/13/2017 - Chevron Corp, the second-largest U.S.-based oil producer, is exploring the sale of its 20 percent stake in Canada's Athabasca Oil Sands project, which could fetch about $2.5 billion, according to peop...

Nexen Joins ConocoPhillips in Cutting Oil Sands Output
CA >>  4/6/2017 - Two oil sands producers in northern Alberta have cut production at their facilities due to a shortage of synthetic crude, market sources said, causing Canadian and U.S. crude prices to surge to multi-...

ConocoPhillips to Sell Assets in Canada for $13.3 Billion
CA >>  3/29/2017 - ConocoPhillips has signed a definitive agreement with Cenovus to sell its 50 percent nonoperated interest in the Foster Creek Christina Lake (FCCL) oil sands partnership, as well as the majority of it...

Shell Divests Oil Sands Interests in Canada for $7.25 Billion
CA >>  3/9/2017 - Royal Dutch Shell plc announces the signing of two agreements by Shell Canada Energy, Shell Canada Limited and Shell Canada Resources (Shell) — which are detailed in this announcement — that will see ...

ConocoPhillips Revises Down over 1 bln bbls of Oil Sands Reserves
CA >>  2/22/2017 - ConocoPhillips has revised down over a billion barrels of oil sands reserves because of low global crude prices, a company filing showed on Tuesday, the latest sign that some of Canada's vast hydrocar...

Shell to Sell C$4.1 Billion Stake in Canadian Natural
CA >>  5/23/2017 - Royal Dutch Shell Plc has decided to offload a roughly C$4.1 billion ($3 billion) stake in Canadian Natural Resources Ltd (CNRL) that it acquired as part of a deal to retreat from Canada's oil sands e...

World Oil Supply - May 2017
AT >>  5/11/2017 - Preliminary data indicates that world oil supply fell by 0.41 mb/d in April to average 95.81 mb/d. However, global oil production was 831 tb/d higher than a year ago and increased by 363 tb/d y-o-y in...

Feature Article - May 2017
AT >>  5/11/2017 - Non-OPEC oil supply development
Low oil prices in 2016 led to a reduction of around 23% in global E&P investments compared to the previous year, together with the deferral of several upst...


World Oil Supply - April 2017
AT >>  4/12/2017 - Preliminary data indicates that the world’s oil supply decreased in March by 0.23 mb/d m-o-m to average 95.82 mb/d, higher by 0.22 mb/d, y-o-y. ...

Ecopetrol Announces Oil Discovery at Santander
CO >>  3/30/2017 - Ecopetrol S.A. (EC) reports that the Boranda-1 well discovered the presence of crude in the Magdalena Middle Valley, municipality of Rionegro, department of Santander. ...

ConocoPhillips Sells Oil Sands & Gas Assets to Cenovus in $17.7B Deal
CA >>  3/29/2017 - ConocoPhillips (COP) has signed a definitive agreement with Cenovus (CVE) to sell its 50 percent nonoperated interest in the Foster Creek Christina Lake (FCCL) oil sands partnership, as well as the ma...

OPEC Expects Growth in 2017 Non-OPEC Oil Supply
IR >>  3/16/2017 - Preliminary data indicates that the world’s oil supply decreased in February by 0.21 million barrels per day, as compared to January to average 95.88 million barrels per day, OPEC said in its March Oi...

World Oil Supply - March 2017
AT >>  3/14/2017 - Preliminary data indicates that the world’s oil supply decreased in February by 0.21 mb/d m-o-m to average 95.88 mb/d, yet surprisingly remained unchanged, y-o-y. ...

Oil Market Highlights – March 2017
AT >>  3/14/2017 - Crude Oil Price Movements
The OPEC Reference Basket rose in February for the third consecutive month, ending up about 2% to average $53.37/b. Crude futures, traded in a relatively narrow ...



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