Michael Crothers, Shell Canada President and Country Chair and Vice President, Canada Integrated Gas, speaks at the 2018 ARC Energy Investment Forum. Michael provides an update on Shell Canada’s Duvernay oil play investment, outlining the Canadian advantages compared to the US Permian play. He also provides an update on the status of the Shell-run […]
“Build It! Build It!” yelled one group. “No TMX! No TMX!” shouted the other. A police line separated the opposing groups. Sadly, this is the current state of Canada’s pipeline conversation. While there are wide-ranging messages on the protest signs – including concerns about marine traffic and the risk of spills – the proposed […]
Bill Farren-Price, Middle East Oil Expert, Founder and CEO at Petroleum Policy Intelligence (PPI) speaks at the 2018 ARC Energy Investment Forum, sharing his outlook for Iranian production, the expectations for Venezuela supply, and his perspective on the continuation of the OPEC and Russia oil production cut agreement.
Venezuela is in turmoil. As a consequence of the country’s unfolding economic crisis, oil production has fallen from 2 MMB/d a year ago to 1.5 MMB/d now. More output declines are still expected. The majority of Venezuela’s production is heavy oil, like the diluted bitumen or “dilbit” blends from the Canadian oil sands. Complex […]
