For the week ending October 7, the number of U.S. rigs used for drilling related to natural gas and crude oil increased surpassed 2,000 for the first time since the week ending September 19, 2008.
  The diplomatic war of independence between Iraq and its northern region Kurdistan is escalating rapidly, with the flashpoint for armed conflict being the Kirkuk oilfield on the boundary between the two sides. While both sides have pulled back some of their troops poised for conflict recently, 2014 could be decisive...
As energy prices hit 6 year lows in January 2015, energy producers across North America cut their budgets, and reduced growth expectations—often to zero. But not one Montney producer. So far, newly-listed and highly-regarded Seven Generations Energy (VII-TSX) is standing by their 2015 spend of $1.6 billion in the very liquids rich gas...
This week the EIA released the first look at its new method for reporting United States crude oil production. It revealed two things. First, the EIA’s prior method had been significantly overstating U.S. oil production so far in 2015. Second, U.S. production appears to have started declining back in April.  This is...
Canaccord Genuity reiterated its BUY rating and C$14.50 target share price for Birchcliff (BIR:TSX) after the exploration and production company announced that it had initiated a formal sales process.
Penn West (PWT:TSX) recently held its analyst day in Calgary, but research firm Macquarie Equities Research's Outperform rating and target share price for the company were unaffected by the event.
Research firm Macquarie Equities Research lowered its recommendation for junior oil and gas company Cequence Energy (CQE:TSX) to NEUTRAL from OUTPERFORM and increased its target share price to C$4.50.
Today's story on oil, recessions, and energy stocks comes from guest writer Cory Mitchell... According to the National Bureau of Economic Research, since World War II, 10 out of 11 price peaks in oil have resulted in a US recession. This suggests that North America is likely to see a slow...