NEW YORK (Reuters) - Oil prices dipped in see-saw trade on Wednesday, hitting their highest in more than two years and then retreating after weekly U.S. government inventory data showed the latest crude stock draw was not as big as an industry trade group had reported. While oil settled lower, both global marker Brent and U.S. crude benchmarks remained near the highest levels since July 2015, as lower global supply pushed markets higher. “The market had a bit of a pull back today...prompted by [Read more]
Archives for November 2017
Canada not walking the walk on cutting greenhouse gas emissions: OECD head
TORONTO - To an international diplomat, the irony is painful — the country that promised action on climate change is falling behind while the country that has spurned a major treaty on the issue is making progress. That's Canada and the United States, Angel Gurria, secretary-general of the Organization for Economic Co-operation and Development, said Wednesday. "It's a bit of a paradox, here," Gurria told The Canadian Press. "In Canada, you have a situation where you have a very [Read more]
Harvest Operations Corp. Announces Re-Opening of its 3.000% Senior Notes Due 2022
CALGARY, ALBERTA--(Marketwired - Nov. 1, 2017) - Harvest Operations Corp. ("Harvest" or the "Company") is pleased to announce that it successfully re-opened its US$285,000,000 3.000% Guaranteed Notes due 2022 raising an additional US$200,000,000 at a price of 99.20% of the principal amount thereof (the "Notes"). The additional US$200,000,000 is expected to close on November 6, 2017. The total principal amount of the previously-issued Notes and the Notes offered hereby will be approximately [Read more]
Encana to hold 2017 third quarter results conference call on Wednesday, November 8, 2017
CALGARY, Alberta, Nov. 01, 2017 (GLOBE NEWSWIRE) -- Encana Corporation (TSX:ECA) (NYSE:ECA) will release its 2017 third quarter results on Wednesday, November 8, 2017. The news release detailing Encana's 2017 third quarter results will provide operating and financial information. Financial statements will be available on the company's website. A conference call and webcast to discuss the 2017 third quarter results will be held for the investment community the same day at 7 a.m. MT (9 a.m. [Read more]
Pengrowth Regains Compliance with the NYSE Continued Listing Requirements
CALGARY, ALBERTA--(Marketwired - Nov. 1, 2017) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) today announces that it has received formal notification from the New York Stock Exchange ("NYSE") that it has regained compliance with its continued listing standards. On May 16, 2017, the Corporation received a non-compliance notice from the NYSE as a result of the 30 day average closing price of its shares falling below US $1.00. On November 1, 2017 Pengrowth received notification from the NYSE [Read more]
TransCanada Launches Binding Open Season for Marketlink
CALGARY, ALBERTA--(Marketwired - Nov. 1, 2017) - TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada) today launched an Open Season to solicit binding commitments from interested parties for transportation of crude oil on Marketlink from Cushing, Oklahoma to markets on the U.S. Gulf Coast. Interested parties may submit binding bids for transportation capacity during the Open Season that will close at 12 p.m. MST on November 28, 2017. Shipper information regarding the Open Season is [Read more]
Honeywell Launches New Connected Gas Detector To Keep Industrial Operations Safe While Making Set-Up, Maintenance And Reporting Fast And Easy
LINCOLNSHIRE, Ill., Nov. 1, 2017 /PRNewswire/ -- Honeywell (NYSE: HON) announced a new connected gas detector designed to keep industrial operations safe while making set-up, maintenance and compliance reporting faster and easier by leveraging Bluetooth connectivity. The new Sensepoint XRL fixed gas detector monitors industrial operations for specific hazardous gases, such as carbon monoxide or methane. Unlike other fixed gas detectors, Sensepoint XRL is [Read more]
Global Oilfield Services Market 2017-2021: Rise in Drilling in Unconventional Areas
DUBLIN, November 1, 2017 /PRNewswire/ -- The "Global Oilfield Services Market 2017-2021" report has been added to Research and Markets' offering. The report forecasts the global oilfield services market to grow at a CAGR of 3.63% during the period 2017-2021.The report, Global Oilfield Services Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The [Read more]
Blackbird Energy Inc. Provides an Operational Update Highlighting the Continued Transition of Its Pipestone/Elmworth Montney Asset From Delineation to Development and Plans for Long Term Natural Gas Processing
CALGARY, Alberta, Nov. 01, 2017 (GLOBE NEWSWIRE) -- (TSX-V:BBI) Blackbird Energy Inc. (“Blackbird” or the “Company”) is pleased to provide an operational update including reaching a new production milestone; securing long term processing through a gas handling agreement; an update on drilling and completion activity and the expansion of the Company’s Montney rights to 132 (112.4 net) sections in the Pipestone/Elmworth corridor. Highlights Record Corporate Production: For the period of [Read more]
Register Now – Best Practices for Pipeline Water Crossing Management
Join GDM Pipelines and Explore Integrity for a complimentary session where we will reveal insights and best practices for effective pipeline water crossing management. You will hear from Explore Integrity’s experts who will share learnings gained from inspecting over 17,000 water crossings and discuss strategies for how you can apply these to your own crossing program. You will also get a first-hand look at ways to streamline your integrity processes and data management through GDM and [Read more]