Thursday, March 5, 2015

Energy News Roundup: Encana Doubles Down, EU Nuclear Aid & Hermosa Rejects Oil Well

Energy News Roundup: Encana Doubles Down, EU Nuclear Aid & Hermosa Rejects Oil Wells

By Conor O'Sullivan
Oil Prices Fall To Lowest Level In Four Months
Encana, the Calgary-based oil giant, has increased its investments in Texas Oil Fields despite a disastrous performance in the last 12 months following the steep decline in oil prices. “The timing was woeful, of course. Encana, led by new CEO Doug Suttles, bought its Texas oil at the top of the market, just before oil prices

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