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The Energy Bulletin Weekly: 15 June 2020 - Resilience

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The Energy Bulletin Weekly: 15 June 2020 - ResilienceThe Energy Bulletin Weekly: 15 June 2020 - ResiliencePosted: 15 Jun 2020 12:00 AM PDTTom Whipple and Steve Andrews, EditorsQuotes of the Week"Losses this year will be the biggest in aviation history. There is no comparison for the dimensions of this crisis." Alexandre de Juniac, Int'l Air Transportation Assoc.'s CEO"It remains unclear if oil demand will ever return to pre-pandemic levels. From the destruction of the aviation industry to the transformation of workplace dynamics reducing daily travel and governmental pushes for renewable energy, oil demand is being attacked on all sides due to COVID-19. The oil majors seem to have recognized this global shift and are determined to make their operations as lean and sustainable as possible. 2020 is shaping up to be the most dramatic year in the history of oil markets, with a decade's worth of change seeming to be taking place in just 365 days." Charles Ke…

Origin flags hit of up to $1.24bn as oil prices slump - The Australian

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OPEC sees oil demand soaring in 2021 but still below 2019 - Nasdaq

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OPEC sees oil demand soaring in 2021 but still below 2019 - NasdaqOPEC sees oil demand soaring in 2021 but still below 2019 - NasdaqPosted: 14 Jul 2020 06:29 AM PDT[unable to retrieve full-text content]OPEC sees oil demand soaring in 2021 but still below 2019Nasdaq Assam oil well fire, leakage may be checked in 4-5 days - ETEnergyworld.comPosted: 13 Jul 2020 07:52 PM PDTGuwahati: The leaking oil & gas well of the state-owned Oil India (OIL) in Assam is expected to be capped and the fire in one of the wells doused in four-five days, according to a top official here on Monday."We are in the final phase of capping the well and dousing the fire in the Baghjan well in the Tinsukia district of eastern Assam. We expect the operation to be over in four-five days," a senior OIL official told IANS over phone.Natural gas and oil condensate started leaking from an oil well around 50 days ago. It caught fire a month ago."Heavy rain and flood affected the operation and damaged man…

Painted Pony Provides An Operational Update and First Quarter 2020 Financial and Operating Results - GlobeNewswire

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Painted Pony Provides An Operational Update and First Quarter 2020 Financial and Operating Results - GlobeNewswirePainted Pony Provides An Operational Update and First Quarter 2020 Financial and Operating Results - GlobeNewswirePosted: 06 May 2020 12:00 AM PDTCALGARY, Alberta, May 06, 2020 (GLOBE NEWSWIRE) -- Painted Pony Energy Ltd. ("Painted Pony" or the "Corporation") (TSX: PONY) is pleased to announce first quarter 2020 financial and operating results.
HIGHLIGHTS:Averaged strong first quarter 2020 production volumes of 319 MMcfe/d (53,141 boe/d) which is 18% higher than fourth quarter 2019 production of 271 MMcfe/d (45,173 boe/d).Realized an average natural gas price of $2.30/Mcf, 13% higher than the average AECO 5A daily spot price of $2.03/Mcf, and a combined realized price including liquids of $2.55/Mcfe during the first quarter of 2020 through a combination of diversified sales points and fixed physical pricing contracts.Renegotiated terms with AltaGas Ltd. …