The China National Petroleum Corporation will operate the project.
Energy analyst Robert Cooper talks about the need for selectivity and patience for catalysts that can crystallize underlying stock values.
The charge covers the fee for transporting oil through the proposed pipeline expansion.
Not all the shale plays are created equal, and one in particular is bucking the trend with robust economics and company share prices that show it.
Analyst Daren Oddenino discusses merger and acquisition trends.
Shale oil has been North America's great experiment but its success is in question and steep declines may be ahead.
Production from the first phase of the project would bring 189 LNG tankers into Prince Rupert per year.
Independent analyst and author Bill Powers sees serious flaws in how reserves are reported, and his own research shows steep, across-the-board production declines in the near future.
Many investors study supply and demand statistics to figure out where they think the oil price is going.
Estimated oil reserves in the Bakken and Three Forks formation are about twice as much as previously thought, which could bring the US one step closer to energy independence, the government said.
The resource tycoon talks risk, reward and success in mining and energy.
The Three Forks shale formation contains approximately 3.73 billion barrels of oil.
Each hydraulically fractured shale well requires several million gallons of water.
Reserve could contain between 40 million and 150 million recoverable barrels of oil equivalent.
Poll shows US citizens value energy security over action on climate change, a view that translates into broad support for TransCanada’s proposed Keystone XL oil pipeline
There are no regulatory changes in the works and a windfall tax system announced in January will likely be pushed forward under Maduro.
The bank will act as financial adviser and provide financing for the project.
Agreement announced to construct a 1,043 mile-long new dual $18 billion pipeline to transport Iraqi crude oil and natural gas to Jordan.
The country's production will approach 90 million tonnes a year by 2018.
Company said the changes were necessary to drive its productivity agenda.
A 'national interest' seems to be building around the idea of reversing a gas line that crosses two thirds of the continent to get western heavy oil to eastern Canada and refine it there.
The National Energy Board and Environment Canada issued a set of 199 conditions that it says should be met before the pipeline is built.
He has promised to carry on Chavez's self-proclaimed socialist revolution, which basically means the nationalization of resources is likely to continue.
The move comes as the nation gets ready to sign up to the Norway-based Extractive Industries Transparency Initiative (EITI).
BC government has received four new proposals.
The deal will nearly double the revenues of GE’s oil and gas unit.
Get Mining News and Alerts
sent to your inbox daily