2015

60% of Canadian business energy research and development spent on fossil fuels

In-house R&D spending on to non-emitting and renewable energy declined from $644 million in 2014 to $492 million in 2015 Research and development spending on fossil fuels accounts for more than half of energy research and development by businesses, according to the latest data released by Statistics Canada. In 2015, $1.6 billion of in-house research and development (R&D) expenditures in Canada were directed to […]

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Permian Basin News: Clayton Williams Energy reports $98 million loss for 2015

Clayton William’s 2015 oil, gas and NGL production per BOE decreased 16% in 4Q15, revenue down, but costs $87.6 million v.s $105.3 million in 2014 MIDLAND, Texas – Low oil prices took their toll on Clayton Williams Energy as the company posted a lost of $98 million for 2015. Fiscal 2015 Results Oil and Gas Production

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