Tag Archives: oil

Meridian Energy Group, Inc. begins civil construction of the Davis Refinery

Meridian Energy Group, Inc., the leading developer of innovative and environmentally-compliant oil refining facilities, announced on July 17, 2018 that the company has executed a contract with SEH Design|Build, Inc. (SEH D|B), a subsidiary of Short Elliott Hendrickson Inc. (SHE) with an office in Bismarck, North Dakota, for the performance…

COSIA marks fifth consecutive year of progress in oil sands innovation

At its 2017 annual Performance Update, Canada’s Oil Sands Innovation Alliance (COSIA) showcased advances towards its goal of accelerating the pace of environmental performance in Canada’s oil sands. To date, members of Canada’s Oil Sands Innovation Alliance (COSIA) have voluntarily shared 981 distinct environmental technologies costing $1.4 billion. Since its…

Continental resources announces Rory R. Sabino as new vice president for investor relations

Mr. Sabino has more than two decades of institutional equity experience, most recently serving Bank of America Merrill Lynch (BAML) as a financial advisor and senior energy sector specialist. Mr. Sabino has more than 13 years of energy sector experience. At BAML, he worked with numerous traders, research analysts and salespeople, in…

OPEC cuts while U.S. shale booms: The effects on oil’s supply chain​

By: IBISWorld Procurement Research Analyst, Roshan Sathyanarayana The price of crude oil has been falling in recent years, going from over $100 per barrel in 2014 to hovering around $50 per barrel in 2017. In light of declining oil prices, the Organization of the Petroleum Exporting Countries (OPEC) has spent much of…

2017 to be a pivotal year as Canada’s oil and gas industry strives for recovery and growth

Today we released our latest report, Labour Market Outlook 2017 to 2021 for Canada’s Oil and Gas Industry. The report provides labour market projections for the industry based on two scenarios, one if oil prices stabilize well above US$50 per barrel (/bbl) through 2017 and beyond, and one if oil prices…

Shell’s consolidation strengthens world’s most valuable oil and gas brand

Shell maintains status as the world’s most valuable Oil & Gas brand with a value of US $36.8bn Strategic divestment and marketing communications help to strengthen brand Brand value growth rates of >40 per cent mean Sinopec and PetroChina could overtake Shell this year Every year, leading valuation and strategy consultancy Brand…