Hess reports estimated results for the second quarter of 2019

Hess Corporation (NYSE: HES) today reported a net loss of $6 million, or $0.02 per common share, in the second quarter of 2019, compared with a net loss of $130 million, or $0.48 per common share, in the second quarter of 2018. On an adjusted basis, the corporation reported a…

McKinsey report: US gas to hit below $3/mmbtu in the next ten years

McKinsey Energy Insights, the global market intelligence and analytics arm of McKinsey & Company focused on the energy sector, today launches its 2019 North American Gas Outlook, highlighting various changes in gas demand and supply through 2030. The report reveals U.S. gas economics will reach below $3/mmbtu in the next ten…

Fraser Institute News Release: Bills C-69 and C-48 further damage investment climate of Canada’s energy sector while U.S. investment soars

The ability of Canada’s energy sector to attract investment has been weakened by several government policies in recent years, all the while investment in the United States has soared, finds a new collection of essays released today by the Fraser Institute, an independent, non-partisan Canadian policy think-tank. “While Canada’s energy…

Canadian innovator JL Energy Transportation Inc. successfully defends patent challenge from major Canada/US pipeline and gas processing companies

JL Energy Transportation Inc. (JLTI) announces that it has successfully defended a Federal Court challenge to its gas transportation patent, with the court confirming the validity of its key patent terms. This endorsement clears the way for JETI’s continuation of its licence and patent infringement claims against an alliance of…

North Dakota Ranks #1 In Best States for Millennials

North Dakota ranks number one among all states in the best states for young adults, according to a recent study by MoneyRates.com. The study focuses on where 20- to 24-year-olds have the best shot at thriving in today’s economy. “We are excited about this ranking that acknowledges the many opportunities…

Approval of Trans Mountain Expansion Project the right decision for Canada

The federal government’s decision yesterday to approve the Trans Mountain Expansion Project (TMEP) is the right move for Canada, sparking the creation of thousands of jobs and opening the door to billions of dollars in long-term economic benefits nation-wide. The federal government’s decision today to approve the Trans Mountain Expansion…