MARKET WATCH: NYMEX crude oil prices gain modestly, top $34/bbl

Light, sweet crude oil prices gained for a third consecutive session on the New York market Mar. 2 with the contract for April delivery holding above $34/bbl despite a weekly government report that showed a surprise jump in US crude oil inventories. Source: News


Canada’s NEB announces changes as it issues Energy Future 2016 report

New forces ranging from persistently depressed crude-oil prices to growing government climate-change polices are making Canada’s National Energy Board alter its forecasting approach, officials said. NEB, which has issued forecasts every 2 years since 1966, plans to update its Canada’s Energy Future 2016 (EF 2016) report in November and adjust some of its methods to […]


American Energy Partners CEO McClendon dies in car crash

Aubrey K. McClendon, chairman and chief executive officer of American Energy Partners LP (AEP) and former chief executive officer of Chesapeake Energy Corp., died in a car accident in Oklahoma City on Mar. 2, KFOR in Oklahoma City reported. Source: News