Patrick Brethour

Shell makes massive natural gas discovery

Its largest find in Alberta area in nearly 20 years lifts hopes for more giant deposits.

December 9, 2004

High oil prices expected to be the norm

The world of crude has flipped upside down, with high prices becoming the norm, says the president of Devon Energy Corp., the largest U.S. oil and gas independent.

September 16, 2004

Canada: Investigating phantom barrels in the oil sands

Western Oil Sands Inc. chopped 15 million barrels from the estimated reserves for its part of the Athabasca Oil Sands Project, while its partner Shell Canada Ltd. made no change at all. It all comes down to reporting, and those exempt from NI 51-101 have the advantage

May 30, 2004

OPEC mulls move to euro for pricing crude oil

OPEC is considering a move away from using the U.S. dollar — and to the euro — to set its price targets for crude oil, the highest-profile manifestation of the debilitating effect of depreciation on the greenback’s standing as the currency of international commerce.

January 11, 2004

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