(Bloomberg) --A deep-freeze in Canada and Northern U.S. is disrupting oil flows, causing a surge in crude prices just as American stockpiles are declining. With temperatures from North Dakota to Northern Alberta below zero Fahrenheit (-18 Celsius), TC Energy Corp.’s Keystone pipeline was shut on Tuesday before resuming later the next day. In N...

HOUSTON (Bloomberg) --Pioneer Natural Resources Co., the biggest oil producer in the Permian Basin, closed out almost all its hedges for this year, indicating a bullish outlook for crude prices. The move will cost $328 million spread over the course of 2022, Pioneer said in a filing Wednesday, but leaves the company well positioned to bank any u...

In alignment with Scottish Government guidance on the coronavirus situation, the organizers of SPE Offshore Europe have made the difficult decision to postpone the event on 1-4 February 2022 at P&J Live, Aberdeen. Jonathan Heastie, Portfolio Director – Energy & Marine at RX, co-organizer with the Society of Petroleum Engineers (SPE) of...

Neptune Energy announced the development of new “digital twins” of two platforms in the Dutch North Sea, which will accelerate work schedules, and reduce costs and environmental impacts by enabling engineers to work onshore. They will also support planning of Neptune’s major Carbon Capture and Storage project in the L10 area. Leading UK-ba...