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Calgary-based Pason Systems Inc. has purchased all remaining common shares of Intelligent Wellhead Systems Inc. (IWS) for a total consideration of $66.18 million (CAD 88.2 million).

The path of least resistance for oil prices is now upwards, according to Standard Chartered.

'Significant engineering, subsurface evaluation and environmental field work has been completed'.

'His extensive experience in the oil sands industry spans operations through to executive strategy'.

Construction has started on SunZia Transmission and SunZia Wind, which it says is the largest clean energy infrastructure project in U.S. history.

PBF declared a second-quarter net income of $1.03 billion.

'This milestone announcement is meaningful for PBS and allows us to press ahead with our five-year strategic plan across TotalEnergies' seven sites'.

Monday morning provided some corporate M&A fireworks.

PDC Energy has secured approval from Colorado Oil and Gas Conservation Commission for its Kenosha Oil & Gas Development Plan.

A three-judge panel of the court in Manhattan Wednesday upheld lower court rulings that Petroleos de Venezuela SA had to make good on a set of promissory notes.