Exploration & Production

US energy companies kept the oil rig count unchanged this week amid a steady decline in crude prices, which hit a near two-month low earlier this week.The rig count, an early indicator of future output, held at 869 in the week to August 17, General Electric Co’s Baker Hughes energy services firm...






A co-owner of the Come By Chance oil refinery in Canada is suing his partner for about $5.8 million in a New York state court over allegations of unpaid dividends and misused investments, according to court papers.Neal Shear, who bought the struggling 130,000 barrel-per-day Come By Chance refinery...






Pieridae Energy, considering whether to build Canada’s first major liquefied natural gas (LNG) export terminal, is in talks with Axpo, a Swiss utility and energy trader, for a 10-year supply deal, the companies said.A sales and purchase agreement would boost the chances that Pieridae would decide to...






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