CALGARY - Suncor Energy Inc. (TSX:SU) says improved oil prices and record oilsands production helped push up earnings in the third quarter. The Calgary-based energy producer says operating earnings came in at $867 million or $0.52 per share in the quarter ending Sept. 30, compared with $346 million or $0.21 per share for the same quarter last year. Suncor says earnings were also boosted by wider margins between oil and refined product prices, record refinery throughput and sales [Read more]
Archives for October 2017
Enbridge Energy Partners, L.P. Declares Distribution for Third Quarter 2017
HOUSTON, TEXAS--(Marketwired - Oct. 25, 2017) - Enbridge Energy Partners, L.P. (NYSE:EEP) (EEP or the Partnership) announced today that the Board of Directors of Enbridge Energy Management, L.L.C. (EEM), the delegate of the Partnership's general partner, has declared a quarterly cash distribution of $0.35 per unit, or $1.40 per unit on an annualized basis, on all of the Partnership's outstanding units for the quarter ended September 30, 2017. The approved distribution remains unchanged from the [Read more]
Syncrude announces new top executive
FORT MCMURRAY, AB, Oct. 25, 2017 /CNW/ - Syncrude is undergoing an executive change at the end of this year with the retirement of Syncrude President and CEO Mark Ward; and Doreen Cole replacing him as the incoming Managing Director, effective December 11, 2017. Ward is returning to his home state of Texas to spend more time with family and travel after a career of nearly 40 years working in the oil and gas industry across the world, including the United States, Venezuela, Indonesia, Qatar, [Read more]
Cabot Oil & Gas Corporation Declares Dividend
HOUSTON, Oct. 25, 2017 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG) today announced that its Board of Directors declared a regular dividend of five cents ($0.05) per share on the Company's common stock. The dividend will be paid November 17, 2017 to all shareholders of record as of the close of business November 8, 2017. Cabot Oil & Gas Corporation, headquartered in Houston, Texas is a leading independent natural gas producer, with its entire resource base located in the continental [Read more]
Exxon Mobil Corporation Declares Fourth Quarter Dividend
IRVING, Texas--(BUSINESS WIRE)--The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of $0.77 per share on the Common Stock, payable on December 11, 2017 to shareholders of record of Common Stock at the close of business on November 13, 2017. This fourth quarter dividend is at the same level as the dividend paid in the third quarter of 2017. Through its dividends, the corporation has shared [Read more]
TransCanada to sell solar assets, focus on C$24 bln capital program
Canadian pipeline operator TransCanada Corp has agreed to sell its solar energy portfolio for C$540 million ($426 million) to focus on its C$24 billion worth of other core projects, including its recently purchased Columbia natural gas network, the company said on Wednesday. TransCanada's solar portfolio, based in Canada's Ontario province, comprises eight facilities with a generating capacity of 76 megawatts. TransCanada had bought the solar assets for C$470 million between 2013 [Read more]
Oil pipeline opponent uses ‘necessity defence’ – What is it?
BISMARCK, N.D. - An American Indian activist and former U.S. congressional candidate in North Dakota accused of inciting a riot during protests against the Dakota Access oil pipeline says he'll seek to present a "necessity defence" — justifying a crime by arguing it prevented a greater harm. Chase Iron Eyes has pleaded not guilty to inciting a riot and criminal trespassing. He could face more than five years in prison if convicted at trial in February. The pipeline has since begun [Read more]
TransCanada Announces Agreement to Sell Ontario Solar Portfolio
CALGARY, ALBERTA--(Marketwired - Oct. 25, 2017) - News Release - TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada) today announced that it has entered into an agreement to sell its Ontario solar portfolio comprised of eight facilities with a total generating capacity of 76 megawatts to Axium Infinity Solar LP, a subsidiary of Axium Infrastructure Canada II Limited Partnership, for approximately $540 million. The transaction is expected to close by the end of 2017 subject to certain [Read more]
TransCanada Corp. selling Ontario solar portfolio for $540 million
CALGARY - TransCanada Corp. is offloading its only solar power holdings in a $540-million deal as it moves against the industry trend of investing more in renewables. The company said Wednesday it was selling the eight facilities in Ontario with 76 megawatts of capacity to a subsidiary of Axium Infrastructure Canada II L.P., with plans to spend the proceeds on its $24 billion in near-term capital projects. The sale leaves TransCanada's renewable portfolio with 365 megawatts of [Read more]
Significant strides for Calgary company looking to produce lithium alongside Alberta’s oil and gas industry
Calgary based E3 Metals Corp. is looking to position itself as a leader in the production of petro-lithium in Alberta and on a global scale. After going public several months ago, the company has rapidly advanced the project. Just last week, the company published the results from a systematic sampling program conducted across their property, targeting the Leduc Reef Trend. The company is presently working towards publishing its first mineral resource by the end of 2017. Once completed, the [Read more]
- « Previous Page
- 1
- …
- 6
- 7
- 8
- 9
- 10
- …
- 32
- Next Page »