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Apache Sells Canadian Oil Assets to Cardinal for C$330 Million
CA >>  6/1/2017 - U.S. oil and gas producer Apache Corp is selling Canadian light oil assets to Canada's Cardinal Energy Ltd so it can focus on high-growth areas like the Permian basin shale play, an Apache spokesman s...

Wintershall Starts First Pilot Well in Argentina
AR >>  5/11/2017 - Wintershall has launched its second operated shale oil pilot project in Argentina (100% working interest). The company has spud the first of three horizontal pilot wells in the Bandurria Norte block, ...

Questerre Acquires Minority Interest in Red Leaf
JO >>  5/11/2017 - Questerre Energy Corporation (Questerre) has made a strategic investment in Red Leaf Resources, Inc. (Red Leaf). Through an agreement with one of the vendors, Whitehorn Resources Inc. (Whitehorn), Que...

World Oil Supply - August 2017
AT >>  8/10/2017 - Non-OPEC oil supply growth forecast in 2017 was revised down by 28 tb/d from the previous MOMR to 0.78 mb/d to represent an average total non-OPEC supply of 57.77 mb/d. The main reason for this downwa...

Oil Prices Continued to Fall
AT >>  6/14/2017 - The crude price of OPEC basket stood at $46.01 a barrel on Tuesday, compared with $45.93 the previous day. In May 2017, OPEC said it would extend an 1.8 million barrel per day cut to oil output by ni...


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