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Bay du Nord - The next big oil project offshore Newfoundland It’s more good news for the oil and gas industry of Newfoundland and Labrador today. Hibernia, Terra Nova, was White Rose, and Hebron are all producing oil. The West White Rose Extension is currently under construction. Now the “sixth significant find” has arrived and […]
ConocoPhillips Provides Strong Outlook for its Alaska Business; Announces Discovered Resource of 0.5 – 1.1 Billion Barrels Gross from Recent Exploration Activity with 75 Percent of Prospective Acreage Yet to be Drilled ConocoPhillips (NYSE: COP) recently provided an update on its operating plan for Alaska, focusing on the company’s long history of creating value in […]
In Obama’s book, The Audacity of Hope, he said that his role as the president was a great responsibility and his drive came from great discontent. I thought a lot about that and realized that discontent comes from the disparity between where we are and where we can be. It’s that uncomfortable edge that has […]
The West White Rose project in Newfoundland, Canada includes the construction of a concrete structure and topsides. With its co-venture partners, Husky Energy is developing West White Rose with a concrete gravity (CGS) supported wellhead platform which is an innovative technology for the region and a proven concept around the world. This project introduces an […]
Way out there, 350 kilometres east of St. John’s on the Grand Banks of Newfoundland, in about 120 meters of water is black gold. With four major projects operating (Hibernia, Terra Nova, White Rose and Hebron), there’s promise of the next North Sea happening here as every oil project offshore Newfoundland has at least doubled […]
The Atlantic Canada Petroleum Show returns to Mile One Centre, St. John’s, Newfoundland & Labrador on June 20 – 21, 2018, with a refreshed focus on energy education. “It is time to reimagine the traditional trade show and focus on education and training for the energy industry,” says Wes Scott, President and CEO of EventWorx […]
New IOGP report tracks production in seven regions Oil & gas demand is stable or rising in all regions of the world, meaning additional investments are needed for production to keep up. Growing indigenous requirements reduce volumes available for exports in many regions, IOGP’s new Global Production Report shows. The report establishes an IOGP Production […]
Dr. Ellen Wald is the author of Saudi, Inc.: The Arabian Kingdom’s Pursuit of Profit and Power. She is also the President of Transversal Consulting where she provides expert advice on global situations that influence the energy market. Dr. Wald has expertise in policy, wars, diplomacy, the stock market, oil pricing, and innovation and how […]
Vineyard Wind: Selected to Lead Mass Offshore Wind Industry Power Generation Vineyard Wind has leased a 160,000-acre area south of Martha’s Vineyard and 14 miles from the nearest shore. The location was determined through a multi-year, inter-governmental task force process, which carefully considered scientific data and public input. The offshore wind project will consist of […]
OIL PRICE The biggest influencer on oil price is supply and demand. When world oil supply is high oil prices most often go down. When the supply of oil is low and demand is high, oil prices often go up. Supply and demand are impacted by population, politics, economics and a range of other factors. […]
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