Alaska well-placed in global survey 12/23/2007
As reported in last week's issue of Petroleum News, Alaska trails Wyoming and Colorado among U.S. states, but edges out all Canadian provinces except Saskatchewan in a study of investment "friendlines...

Alberta getting nudged off center-stage as tax hikes prompt big EandP companies to shift capital spending to United States 12/23/2007
The verdicts are rolling in for Alberta's proposed new royalty regime as the leading EandP companies take the wrapping off their 2008 capital budgets. But, in the process, those companies are reinforcin...

Ecuador's president urges political role for OPEC 11/25/2007
Ecuadorean President Rafael Correa, in his first public speech since his country's official re-entry into OPEC, said Nov. 18 that the 13-nation oil producer group must take on a more political role an...

Ecuador seeks money not to drill in reserve 06/10/2007
In an unusual move for an oil-producing nation, Ecuador's leftist president is turning to the international community to provide the poor Andean nation with funding in exchange for abandoning a projec...

MINING NEWS: Northern Dynasty tops most juniors on market cap 04/29/2007
Mining boom prompted accounting firm PricewaterhouseCoopers to analyze top 100 companies listed on Canada's TSX Venture Exchange
Vancouver-based Northern Dynasty, whose sole asset is the Pebble project in southwest Alaska, is the only junior mining company to remain in the top five on the TSX Venture Exchange or TSX-V by market...

Oil Patch Insider 06/18/2006
We interrupt this message ... Columbia stumbles; Firm protests PN's coverage of Arctic claim Timing being everything, the Colombian government must be wondering what they did to have events conspire...

Soaring energy prices fuel takeovers 05/07/2006
Nationalization of Bolivian natural gas is part of a broader global wave souring investment climate for international companies
First Russia. Then Venezuela. Now Bolivia. Soaring energy prices are fueling a global wave of natural-resource nationalization that is souring the investment landscape for international oil companies...

Global trend reaches Canada High Arctic 06/04/2006
Turmoil in South America and other regions sharpens focus on remote 'discovered and secure' northern frontier resources
The tsunami washing over some of the least predictable oil and gas regions on the planet has managed to lap at the shores of Canada's Arctic Islands. The unexpected hostile run Petro-Canada is taking...

EnCana beats estimate on asset sale 03/12/2006
Natural gas storage operations bring in US$1.5B, up 50% from estimates; company close to wrapping up sale offshore Brazil
EnCana has put one of the final touches on a large-scale divestiture program that started when it was created four years ago by pocketing US$1.5 billion for the bulk of its natural gas storage operati...

Oil Patch Insider 03/05/2006
Three-year contract on jack-up for Cook Inlet; Alaska gas pipeline contract in 2-3 weeks; Canadian rumor that won't quit
On Feb. 23 at the Pac Com conference in Anchorage, Escopeta Oil President Danny Davis announced his company and partner Centurion Gold had agreements in place to bring a jack-up rig to Alaska's Cook I...

Invaders on the horizon 01/29/2006
Canadian-owned companies shed foreign production, brace for possible takeovers
Having ended a year when its companies staged a major pullback from global operations, Canada could face a year when a foreign invasion changes the complexion of its domestic industry. Producing prope...

Oxy pays big bucks for Vintage 10/23/2005
Occidental Petroleum sets merger value $3.8B, 33% premium over stock price; deal includes coveted Argentine, California assets
Occidental Petroleum, breaking with its tradition of buying individual assets rather than whole companies, plans to acquire exploration and production independent Vintage Petroleum in a merger valued...

Ecuador prepares to renegotiate contracts 10/02/2005
President Alfredo Palacio's government will ask the French Institute of Petroleum to assist in renegotiating contracts with foreign oil companies to give the Andean nation a greater share of petroleum...

Report: Canadian EandPs cover global bases 08/07/2005
Ian Doig finds international output from Canadian companies up 10 percent on a crude oil equivalent basis from 2003 to 2004
As Canadian EandP companies venture beyond their domestic frontiers, to both spread their investment risks and take advantage of cheaper finding and development costs, their international spending and p...

EnCana quitting gas storage business 06/26/2005
The leaning down of EnCana to a pure resource company will see North America's largest natural gas storage network either sold for a possible US$600 million-$900 million or spun off in an initial publ...

Ecuador energy minister says nation to review all current deals 05/22/2005
Ecuador will review all of its current oil contracts with foreign companies, the country's self-described "nationalist" energy minister said in an interview published May 16. In an interview with the...

Noble, Patina shareholders OK merger 05/15/2005
Shareholders of exploration and production independents Noble Energy and Patina Oil and Gas approved the proposed merger of the two companies in special meetings held May 11. In the merger, Patina stock...

EXPLORERS USA 2005: EnCana in pursuit of the 'big thing' 05/08/2005
Morgan forsakes diversification, steers company to Rocky Mountain resource plays where 'you find what you look for' and limit risk
The dream of creating a "global super-independent" didn't survive three years for EnCana, following its creation from the merger of PanCanadian Energy and Alberta Energy Co. It has been scrapped in f...

EnCana sells Gulf of Mexico assets to Statoil 05/01/2005
Sale includes interests in six deepwater discoveries, 41million barrels at Tahiti, five other discoveries are under appraisal
Calgary-based EnCana Corp.'s U.S. affiliates have reached an agreement to sell all of their interests in the Gulf of Mexico to Statoil for approximately US$2 billion cash, making the deepwater Gulf a...