Pipeline congestion caused by approval delays and aggravated by a November leak in the Keystone system has cost oil producers in western Canada as much as $17/bbl (Can.), say economists at Scotiabank.  Source: News

SDX Energy Inc. anticipates spudding the Ibn Yunus-1X exploration well at South Disouq, Egypt, in mid-March. In addition to the North West Gemsa, Meseda, and South Disouq concessions in Egypt, SDX is active in Morocco in the Lalla Mimouna, Sebou, Gharb Center concessions.  Source: News

Karoon Gas Australia Ltd., Melbourne, has received approval for a variation of its existing work program in the Santos basin offshore Brazil, enabling it to proceed to a declaration of commerciality (DOC) for its wholly owned Echidna and Kangaroo light oil discoveries. Source: News

Peter D. Sametz will join Pengrowth Energy Corp., Calgary, in March as president and chief executive officer following a realignment of the company’s executive team last month. He succeeds Derek Evans, who is retiring but will remain in an advisory role through June. Source: News

EQT Corp. will separate its upstream and midstream businesses, all in the Appalachian basin. The upstream company will retain the EQT name, with Steve Schlotterbeck remaining as chief executive officer. The midstream company will be named NewCo. Jerry Ashcroft, now EQT vice-president and president, midstream, and senior vice-president and chief operating officer of EQT Midstream […]