Shale Skeptic Forecasts Imminent Demise for Permian and Eagle Ford

“The best years are behind us,” geologist Arthur Berman told a gathering of engineers, geologists, lawyers and financiers at the Texas Energy Council’s annual gathering in Dallas last week. The geologist who earned the wrath of shale drillers a decade ago with forecasts that natural gas was about to run out is now warning that

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​Canada Adds Oil and Gas Jobs in First Quarter, 3rd Consecutive for Growth

Employment in Canada’s oil and gas industry rose for the third consecutive quarter in Q1/2018, according to the latest data from PetroLMI. There were approximately 190,000 workers directly employed in Canadian oil and gas in the first quarter, an increase of 7,600 compared to the first quarter of 2017. The numbers are still down significantly

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Anadarko Sacrificed Safety for Profit, Says Suit

Former Anadarko employees say safety was sacrificed for profits in run up to fatal home explosion in Firestone: “Operations trumped everything else within the company.” Former high-ranking workers for Anadarko Petroleum Corp. say in court documents that Colorado’s largest energy driller put profits over safety, creating massive risks before a leaking company pipeline caused a

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Alberta Steps Up BC Pipeline Fight With Marketing Blitz, New Law

Million-dollar ad campaign touts the benefits of expanding the Canadian oil-sands link to the Pacific, while Bill 12 threatens to cut off BC’s oil supply if opposition to the pipeline expansion continues. Alberta is ramping up its fight with British Columbia for Kinder Morgan Inc.’s Trans Mountain project with powers to shut off oil shipments

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Growing Permian, Canadian Crude Production Hits Pipeline Limit

North America’s great oil surge of 2018, amid the highest oil prices in more than three years, is threatened by pipeline gridlock from West Texas to Alberta and oil investors have yet to fully appreciate the implications, according to Energy Aspects Ltd. North America will contribute about 1.2 million barrels a day of production growth

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