PrairieSky Royalty Announces Conference Call for Q2 2020 Results

CALGARY, Alberta, July 07, 2020 (GLOBE NEWSWIRE) — PrairieSky will release its Q2 2020 results on Monday, July 20, 2020 after markets close.  The news release detailing PrairieSky’s Q2 2020 results will provide operating and financial information.  Financial statements along with management’s discussion and analysis will be available on PrairieSky’s website at www.prairiesky.com and on SEDAR [Read more]

Source: BOE Report

Libya’s Oil Production Set To Halve In Next Few Years

Libya’s oil production that has dropped sharply in recent months is set to nearly halve in the coming years thanks to an oil blockade that has been in force since January. Libya’s production has dropped from 1.186 million bpd last November to 796,000 bpd by January 2020, before slipping to 82,000 bpd in June, according to OPEC’s Monthly Oil ...

Source: Oilprice.com

Heavy discount narrows on reduced output

Canadian heavy crude’s discount narrowed versus West Texas Intermediate (WTI) on Tuesday, as demand slowly recovered with significant production curtailed. Canadian oil producers were maintaining a cautious approach, holding spending at reduced levels even as rising prices brightened the outlook. Western Canada Select (WCS) heavy blend crude for August delivery in Hardisty, Alberta, traded at [Read more]

Source: BOE Report

Gibson Energy Confirms 2020 Second Quarter Earnings Release Date and Provides Conference Call & Webcast Details

CALGARY, Alberta, July 07, 2020 (GLOBE NEWSWIRE) — Gibson Energy Inc. (“Gibson” or the “Company”) (TSX: GEI), announced today it expects to release its 2020 second quarter financial and operating results on Tuesday, August 4, 2020 after the close of North American markets.  The 2020 second quarter management’s discussion and analysis and unaudited consolidated financial [Read more]

Source: BOE Report

Bill Gates Backed Miner Looks For Cobalt In Canada

KoBold Metals, a start-up backed by a coalition of billionaires led by Bill Gates, plans to scour for cobalt in Canada using advanced mapping technology and it’s targeting northern Quebec, just south of Glencore’s Raglan nickel mine. The company, founded in 2018, has acquired rights to an area of about 1,000 square kilometres (386 sq. miles), where it plans to begin collecting geophysical ...

Source: Oilprice.com

COVID-19 Set To Hasten UK Ban On Sales Of Gasoline And Diesel Cars

The pandemic is hitting hard economies worldwide, but it is also an opportunity to jumpstart an economic recovery to achieve the net-zero emission ambition of the United Kingdom, according to the Committee on Climate Change (CCC), the UK's top advisory panel on climate change. The UK – which last year became the first major economy in the world to enshrine ...

Source: Oilprice.com