President Trump told representatives of 12 European nations gathered for a summit of the Three Seas Initiative that the United States is eager to build strong trade ties and export energy supplies to them, quipping “if you need energy, just give us a call.”
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Canada’s NEB Sees Brief Decline in NatGas Output from U.S. Shale Competition Before LNG Exports Ramp Up
Canadian oil and natural gas production will keep growing, but soft prices and environmental restrictions will slow the pace and generate setbacks, the National Energy Board (NEB) predicted Wednesday in a revised 25-year forecast.
October 26, 2016
Lower 48 Customers Clamoring for High-Spec Rigs, Says Nabors CEO
Nabors Industries Ltd., which owns and operates the world’s largest land-based drilling rig fleet, saw substantial utilization increases in the Lower 48 market during the third quarter, although spot market pricing remained competitive.
October 26, 2016
Alberta Underestimated U.S. NatGas Threat, Economist Says
Canada’s chief natural gas-producing province is feeling the heat of competition from low-cost U.S. shale gas.
September 9, 2016
Canadian Oil, NatGas Drillers Signal Further Retreat in 2016, Barring Higher Oil Prices
Canadian natural gas and oil drilling will continue to retreat next year unless energy prices stage a surprise comeback, field equipment operators are predicting.
November 18, 2015
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