SAN DIEGO and PERTH, Australia, June 29, 2017 /PRNewswire/ -- Sempra Energy (NYSE: SRE) and Woodside Petroleum Ltd. (ASX: WPL, OTC: WOPEY) today announced that their respective subsidiaries, Sempra LNG & Midstream, LLC and Woodside Energy (USA), Inc., have signed a memorandum of understanding (MOU) with Korea Gas Corporation (KOGAS) regarding the development of the proposed Port Arthur LNG liquefaction project in Port Arthur, Texas. The MOU provides a framework for [Read more]
Archives for June 2017
What’s up for Canada Day? For a change, it’s not average gasoline prices
CALGARY - Canadian motorists hitting the road for the country's 150th Canada Day weekend are expected to find the lowest average gasoline prices in seven years, according to GasBuddy.com. The retail fuel price tracking company says that drivers will be paying an average of 104.4 cents per litre, 13 cents less than the 10-year average of $1.17 and the lowest Canada Day long weekend price since 2010. GasBuddy senior petroleum analyst Dan McTeague says the prices are a welcome [Read more]
Shell Energy North America Signs Purchase Agreement To Acquire MP2 Energy LLC
HOUSTON, June 29, 2017 /PRNewswire/ -- Shell Energy North America ("SENA") announced today that it has signed a purchase agreement for the acquisition of MP2 Energy LLC (MP2). Subject to regulatory approvals, the transaction is expected to be closed in the 3rd quarter of 2017. Through self-developed proprietary systems and technology, MP2 provides market based solutions to commercial and industrial customers for managing energy supply, load, and generation. MP2 is [Read more]
Michigan looks at options to address spill risk of Enbridge’s underwater pipeline
CALGARY - Michigan has released a report looking at how to deal with the spill risk of Enbridge's Line 5 pipeline that runs exposed underwater in a strait between Lake Huron and Lake Michigan. The report Thursday by Dynamic Risk Assessment Systems found that building new pipelines around the Great Lakes would cost between US$2 billion and US$4 billion depending on the route. Barges and trucks were discounted as options because of the logistical constraints of trying to handle the 86 [Read more]
Chevron Second Quarter 2017 Earnings Conference Call
San Ramon, CA, June 29, 2017 (GLOBE NEWSWIRE) -- Chevron Corporation (NYSE: CVX), one of the world’s leading energy companies, will hold its quarterly earnings conference call on Friday, July 28, 2017, at 11:00 a.m. ET (8:00 a.m. PT). Conference Call Information:Date: Friday, July 28, 2017Time: 11:00 a.m. ET / 8:00 a.m. PTDial-in # (Listen-only mode): 706-634-0892 / 877-604-2078Conference ID #: 43408922 To access the live webcast, visit www.chevron.com. The meeting replay will also be [Read more]
Sunshine Oilsands Ltd.: Grant of Share Options and Change in Composition of Board Committees
CALGARY, ALBERTA and HONG KONG, CHINA--(Marketwired - June 29, 2017) - Sunshine Oilsands Ltd. (HKSE:2012) - Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. This [Read more]
Sunshine Oilsands Ltd.: List of Directors and Their Roles and Functions
CALGARY, ALBERTA and HONG KONG, CHINA--(Marketwired - June 29, 2017) - The board of directors (the "Board") of Sunshine Oilsands Ltd. (HKSE:2012) comprises 11 directors as follows: Executive Directors: Mr. Kwok Ping Sun (Chairman) Mr. Hong Luo Mr. Qiping Men [Read more]
Devon Energy to Report Second-Quarter 2017 Results Aug. 1; Conference Call Scheduled for Aug. 2
OKLAHOMA CITY--(BUSINESS WIRE)--Devon Energy Corp. (NYSE: DVN) today announced plans to issue its second-quarter 2017 earnings news release on Tuesday, Aug. 1, after the close of U.S. financial markets. Please note as soon as practicable after the news release is issued, Devon will post an operations report to its website at www.devonenergy.com. On Wednesday, Aug. 2, the company will hold a conference call at 10 a.m. Central Time (11 a.m. [Read more]
Oil prices rise to two-week high on dip in U.S. output
Oil prices rose to a two-week high on Thursday, extending a rally into a sixth straight session after a decline in weekly U.S. production eased concerns about deepening oversupply. Crude prices slipped to the lowest in 10 months last week but have since rebounded more than 7 percent, stretching their bull-run to the longest since April. Global benchmark Brent crude futures LCOc1 were up 43 cents at $47.74 a barrel at 1321 GMT, having touched a two-week high of $47.98 earlier in the [Read more]
Occidental Petroleum to Announce Second Quarter Results Wednesday, August 2, 2017; Hold Conference Call on Thursday, August 3, 2017
HOUSTON--(BUSINESS WIRE)--Occidental Petroleum Corporation (NYSE:OXY) will announce its second quarter 2017 financial results after close of market on Wednesday, August 2, 2017, and will hold a conference call to discuss results on Thursday, August 3, 2017, at 11 a.m. Eastern / 10 a.m. Central. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at www.oxy.com/investors. [Read more]
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