Canadian heavy crude slips as pipeline rationing set to rise
Heavy Canadian crude prices widened to the biggest discount against New York futures this year as pipeline-operator Enbridge reported that rationing on its heavy oil lines would increase next month.
...U.S. shale boom keeps rolling even as wildcatters save cash
America’s surging shale oil production shows little sign of abating, despite industrywide spending cuts, as explorers learn to do more with less.
...Brazil's burgeoning crude production is OPEC’s next headache
Brazilian supply boom poised to challenge OPEC’s efforts to balance the global market.
...Rockwell and Schlumberger enter JV to create Sensia cloud, edge-enabled process automation solution
Rockwell Automation, dedicated to industrial automation and information, and Schlumberger, provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry, have announced that they have entered into an agreement to create a new joint venture, Sensia, the first fully integrated digital oilfield automation solutions provider.
...Alberta expects $1.7 billion profit from crude-by-rail operation
Alberta is preparing a giant crude-by-rail operation to help its oil-sands producers cope with a pipeline crunch, and it expects a big profit from the venture.
...InterDam expands presence with Houston-office opening
InterDam, supplier of fire and blast resistant architectural products for the oil industry, recently opened a new office in Houston, Texas to strengthen its position in the North American market, and leverage the area’s diverse and expansive customer base.
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