Canadian natural gas producers could get a 45-50% reduction in pipeline fees to move gas to central Canada from TransCanada (TRP-NYSE/TSX) on their Mainline pipeline, under a new tolling arrangement they will put to Canada's National Energy Board.
If this goes ahead, it would have a huge (positive!) impact on western Canada's...
One year ago, I wrote this story, asking—could the Bakken ever hit 1 million barrels of oil per day (bopd) production?
Well, now the Market is asking—when (not if) will it hit 2 million?
A massive, 76-page report from Goldman Sachs from late September suggests 2023—that’s another TEN YEARS of growth—with the biggest growth year...
Financial services firm Dundee Securities recently reiterated its Neutral rating and C$2.40 target share price for oil and gas company RMP Energy (RMP:TSX).
In Part 1 of our story on Turkey, contributing editor Jen Alic reviewed the country's intriguing onshore and offshore oil potential. Today in Part 2, we'll look at where the Big Prize lies: the Dadas Shale—a huge unconventional shale play—and which Canadian-listed junior producers may be best positioned in this emerging...
By Bill Powers
"Insanity: doing the same thing over and over again and expecting different results." - Albert Einstein
Therefore, energy investors in North America are insane.
Cheap money (low interest rates) and high oil prices encouraged the drilling of many marginal plays from 2010-2014--causing a huge amount of energy bankruptcies after...
Part 2: The Permian Basin - Cline Shale Resource Play
In Part 1, I explained how the Permian Basin in Texas was exploding with industry and investor interest—because of all the new tight oil plays being discovered and developed.
And that has me excited about the prospects for one Canadian junior—though...
Goldman Sachs made a prediction on Sunday, September 11, that the United States will become the world's largest oil producing country by 2017.
Two years ago Colombia was the hottest international oil play in the world (for Canadian investors), with big wells creating big valuations and stock runs that left investors hungry for more.
Now, these stocks have not only fallen to earth, they’ve crashed through the floor into the basement—despite good oil...
