CALGARY - TransCanada Corp. (TSX:TRP) says it is cancelling its $15.7-billion proposed Energy East pipeline because of "substantial uncertainty" caused by a regulatory panel's decision to include upstream and downstream emissions in its assessment of the project. CEO Russ Girling cited non-specific "changed circumstances" for the decision in a brief news release Thursday morning, without giving further explanation. But in a letter to the National Energy Board posted Thursday on [Read more]
Archives for October 2017
Encana starts up second Montney plant ahead of schedule and under budget; condensate growth to expand margins and drive quality returns
CALGARY, Alberta, Oct. 05, 2017 (GLOBE NEWSWIRE) -- (TSX:ECA) (NYSE:ECA) Encana successfully started up the Sunrise processing plant on September 27, under budget and more than one month ahead of original schedule. Sunrise is the second of three processing plants that support Encana’s condensate-focused growth plan in the Montney. In parallel with the Sunrise and Tower facilities ramping up, the third plant, Saturn remains ahead of schedule and is on track to start up before year-end. In [Read more]
GDM Pipelines and Explore Integrity Launch gX Insight, the Industry’s First Complete Pipeline Integrity Solution.
New solution offers customers seamless integration of integrity data and field inspections. GDM Pipelines (“GDM”), the leader in midstream information management solutions, and Explore Integrity (“Explore”), the premier pipeline risk management and integrity specialists, have joined forces to launch gX Insight, the oil and gas industry’s first and only complete pipeline integrity solution to incorporate the planning, execution and data collection for in-field integrity programs with [Read more]
Petronas’ Canadian unit says looking to sell oil and gas asset in Alberta
Progress Energy, the Canadian unit of Malaysian state energy firm Petroliam Nasional Berhad, said on Thursday it was looking to sell its Deep Basin oil and gas asset in the Canadian province of Alberta. Reuters reported on Wednesday that Petroliam Nasional, or Petronas, had enlisted BMO Capital Markets to advise on the sale of the asset, citing documents on the bank's website. "Progress regularly reviews its assets to ensure alignment with the company's strategy," it said [Read more]
Trans Mountain Signs Contracts for Expansion Project
CALGARY, Oct. 4, 2017 /CNW/ - Kinder Morgan Canada Limited (TSX:KML) is pleased to announce that Trans Mountain has signed contracts for the Expansion Project with two of the six contractors it previously announced memoranda of understanding with in September, 2017. The remaining four are expected to be signed in the near future. The company has signed a construction contract with Macro Spiecapag Joint Venture for the Spread 5B (Coquihalla – Hope) portion of the Project, and an engineering, [Read more]
Rio Grande LNG, Cameron County Agree to Chapter 312 Property Tax Incentives
Agreements provide full abatement of county property taxes for ten years of operations Rio Grande LNG commits to maximize local hiring, significant payments-in-lieu-of-taxes, and funding for community projects THE WOODLANDS, Texas--(BUSINESS WIRE)--NextDecade Corporation (NASDAQ: NEXT) (“NextDecade”), a liquefied natural gas (“LNG”) development company focused on LNG export projects, announced today that its wholly-owned [Read more]
Murphy Oil Corporation Announces Dividend
EL DORADO, Ark.--(BUSINESS WIRE)--The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today declared a quarterly cash dividend on the Common Stock of Murphy Oil Corporation of $0.25 per share, or $1.00 per share on an annualized basis. The dividend is payable December 1, 2017 to holders of record November 13, 2017. ABOUT MURPHY OIL CORPORATION Murphy Oil Corporation is a global independent oil and natural gas exploration [Read more]
AltaGas Ltd. Closes Aggregate $450 Million Medium-Term Note Offerings
CALGARY, ALBERTA--(Marketwired - Oct. 4, 2017) - AltaGas Ltd. ("AltaGas") (TSX:ALA) today announced that it has completed its aggregate $450 million issue of senior unsecured medium-term notes (collectively, the "Offering"), specifically: $200 million medium-term notes with a coupon rate of 3.98 percent, maturing on October 4, 2027; and $250 million medium-term notes with a coupon rate of 4.99 percent, maturing on October 4, 2047. [Read more]
BMO hired to sell some Progress Energy assets, anchored by Deep Basin lands
Petronas has put a massive package of oil and gas assets in Alberta on the sales block but it has no intention of abandoning the country despite the recent cancellation of its plan to build a West Coast LNG terminal, a spokeswoman says. According to a posting on the BMO Capital Markets website, the Malaysian state-owned energy company's subsidiary, Calgary-based Progress Energy Canada Ltd., has hired the bank to sell oil and gas drilling rights, wells, pipelines and three gas processing [Read more]
Oil prices dip on doubts that recent rally will last
LONDON (Reuters) - Oil prices fell on Wednesday, pulled down by caution that a rally that lasted for most of the third quarter would not extend through the last three months of the year. U.S. West Texas Intermediate crude futures were at $50.10 per barrel at 0843 GMT, down 32 cents from their last close. They fell below $50 earlier in the session. Brent crude futures were down 47 cents at $55.53 a barrel. The fall came amid market speculation that a third-quarter rally that lifted Brent to [Read more]
- « Previous Page
- 1
- …
- 26
- 27
- 28
- 29
- 30
- …
- 32
- Next Page »