Suncor Energy reports 2010 fourth quarter results
Suncor Energy Inc. (TSE:SU) reports fourth quarter 2010 net earnings of $1.353 billion.
Articles Tagged "Oil Company News"
Oil Gains Second Day as Egyptian Protests Stoke Supply Concerns
Bloomberg reports that Oil rose, extending a Jan. 28 gain that was the biggest in 16 months.
Crude Oil Advances as U.S., Europe Economies Boost
Bloomberg reports that Crude oil climbed for the first time in five days in New York as the improving economic outlook in the U.S. and Europe.
Oil Falls a Fourth Day in New York on U.S. Supplies
Bloomberg reports that Crude oil fell in New York for a fourth day on rising U.S. stockpiles and speculation China will increase interest rates to curb inflation.
Canadian Energy Exploration Inc. Hardy Minton Operations Update, Southeast Saskatchewan
Canadian Energy Exploration Inc. (CVE:XPL) announces that the Company has spud its second of three previously announced exploratory test wells in the Hardy/Minton area of southeast Saskatchewan.
Africa Oil Provides Update on Puntland
Africa Oil Corp. (CVE:AOI) enters into amending agreements with the Government of Puntland, in respect of the production sharing agreements for the Dharoor Valley Exploration Area and the Nugaal Valley Exploration Area.
Eaglewood Energy Provides Operational Update on Ubuntu-1 Well
Eaglewood Energy Inc. (CVE:EWD) provides update on the Ubuntu-1 well. The press release is quoted as saying: The Ubuntu-1 well is located on Petroleum Prospecting License 259 (the “259 License”), approximately 17 kilometres east of the Ketu and Elevala gas condensate discoveries in Papua New Guinea. Eaglewood is the operator of the 259 License, holding [...]
Oil Prices Rally, Make Imports More Expensive
Forbes reports that U.S. import prices increased 1.1% in December, just below the 1.2% expected.
Alaska oil pipeline resumes flow at reduced rates
Reuters reports that Alaska's key oil pipeline has resumed shipments and was pumping 400,000 barrels per day.
Tethys Petroleum Limited: Kazakhstan Oil Production Project Approved
Tethys Petroleum Limited (TSE:TPL) announces it had received approval for the Doris oil pilot production project and updates on its operations and forward drilling plans in Kazakhstan.
