Author: Shaun Polczer
The film Promised Land fails to deliver
16 January 2013
Matt Damon attempts to take on the controversies surrounding hydraulic fracturing and the US’s booming gas industry – but his latest film misses its target
ExxonMobil gets to work on Hibernia development
10 January 2013
US supermajor ExxonMobil is poised to go ahead with the $14 billion Hebron oilfield development, offshore Newfoundland
Tight oil's rise reshapes Yergin's world view
10 January 2013
The rise of North American tight oil is providing Daniel Yergin with plenty of material for the next chapter in his long-running narrative of the global oil industry
Statoil to become an operator on the US Marcellus shale
10 January 2013
The Norwegian producer has made an acquisition of 70,000 acres in southeastern Ohio and West Virginia
Chevron and Apache team up at Kitimat LNG project
9 January 2013
Chevron has shaken up the race to export liquefied natural gas (LNG) from Canada’s west coast by teaming up with Apache to develop the Kitimat LNG project
North American offshore to comeback from Macondo disaster
4 January 2013
Following a difficult time since the Macondo disaster in 2010, US offshore drilling is set for a comeback
Large scale LNG exports will boost US economy, report says
11 December 2012
The reports findings are expected to swing government policy in favour of commercial LNG exports
Canada draws the line on state-controlled energy deals
11 December 2012
Asian state-run companies will take over Canada's Nexen and Progress Energy
Sasol moves ahead with US GTL
6 December 2012
In a sign of further downstream integration of the US gas market, Sasol is moving ahead with plans to build a multi-billion dollar gas-to-liquids (GTL) and ethane cracker complex in Louisiana
Petronas sweetens Progress bid
6 December 2012
Stung by the rejection of its $6-billion bid for Canada’s Progress Energy, Malaysian state oil company Petronas has offered to increase the size of a planned liquefied natural gas (LNG) terminal on Canada’s west coast in the hopes it can still win approval from federal regulators
Freeport-McMoRan makes $20bn bet on US E&P
6 December 2012
New Orleans-based mining giant Freeport-McMorRan has made a bold foray into the US energy sector with a pair of blockbuster deals worth $20 billion
Canada and Mexico have ample breathing space in IEA
4 December 2012
IEA member rules include an obligation to have oil-stock levels at a certain point, however there seem to be loopholes
Gulf sale fetches $157.8m as BP hit by US bar
29 November 2012
BOEM raised $157.8 million from the sale of drilling leases in the western Gulf of Mexico
Record lease sales spur Permian activity
28 November 2012
Activity in the Permian basin looks set to speed up, following a record year for land buying in New Mexico
Gas player uses Nafta to challenge Quebec frack ban
27 November 2012
A US natural gas producer is poised to sue the Canadian government over a ban on hydraulic fracturing (fracking) in the province of Quebec
Pipeliners eye Bakken pay day
22 November 2012
Midstream operators are looking to capitalise on a lack of takeaway capacity from the Bakken, announcing new investments in gathering systems and pipelines across the play
Canada gives extra time to Petronas and Nexen
20 November 2012
The delays come as Canada considers new rules for state-controlled entities in the broader economy, including the energy sector
BP agrees $4.5bn Macondo settlement
16 November 2012
UK supermajor BP has entered a guilty plea and agreed to pay a fine of $4.5 billion
Canadian LNG to make up export shortfall
14 November 2012
Canada is counting on liquefied natural gas (LNG) to offset a sharp decline in exports, according to a new report by Wood Mackenzie, an energy consultancy
Canada looks east for oil outlet, challenging Mideast exporters
13 November 2012
Faced with a dwindling number of outlets for oil exports in the US and Asia, Canada is hedging bets and looking to its eastern provinces to take up rising domestic production of tight oil and oil sands
The fiscal cliff and its threat to US oil
9 November 2012
With the election over, Obama faces what may be the toughest economic decision he will ever make. And the effects of that choice will be played out in the oil markets
Election brings certainty to US oil sector
8 November 2012
The US’ top oil-producing states - Texas, Louisiana, Oklahoma, Alaska and North Dakota – remained firmly Republican in 6 November’s presidential election, yet they stand to benefit from Barack Obama’s second term
Apache to ramp up Permian drilling
6 November 2012
Apache is moving to increase drilling and production in the Permian and Anadarko basins after posting record third-quarter operating results
Suncor oil-sands expansions on hold
6 November 2012
The shift in North America’s oil supply is starting to catch up with Canada’s oil-sands sector
TransCanada to build Mexican gas pipelines
6 November 2012
Mexico is pressing ahead with plans to increase the use of natural gas in its power sector
The US and its strategic petroleum reserve dilemma
31 October 2012
For almost 40 years the US’s strategic petroleum reserve (SPR) has been the front line of defence against global oil-price shocks