SAN RAMON, Calif. - The Board of Directors of Chevron Corporation (NYSE: CVX) today declared a quarterly dividend of one dollar and fifty-one cents ($1.51) per share, an increase of nine cents ($0.09) per share or approximately 6 percent. The dividend is payable March 10, 2023, to all holders of common stock as shown on the transfer records of the Corporation at the close of business February 16, 2023. This increase puts Chevron on track to make 2023 the 36th consecutive year with an increase in [Read more]
Imperial provides 2023 corporate guidance outlook
CALGARY, Alberta--(BUSINESS WIRE)--Imperial (TSE: IMO, NYSE American: IMO) today provided an update on its corporate guidance outlook for 2023. The company’s corporate strategy remains focused on maximizing performance of existing assets and select growth initiatives, while prioritizing shareholder returns and delivering key sustainability initiatives. Capital spending is forecast at $1.7 billion and includes a planned ramp-up for the Strathcona Renewable Diesel project, application of [Read more]
Imperial announces completion of its $1.5 billion substantial issuer bid
CALGARY, Alberta -Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced today that it has taken up and paid for 20,689,655 common shares (“Shares”) at a price of $72.50 per Share (the “Purchase Price”) under Imperial’s offer (the “Offer”) to purchase for cancellation up to $1.5 billion of its Shares. All amounts are in Canadian dollars. The Shares purchased represent an aggregate purchase of $1.5 billion and 3.4 percent of the total number of Imperial’s issued and outstanding Shares [Read more]
Imperial announces preliminary results of its substantial issuer bid
CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced today the preliminary results of its substantial issuer bid (the “Offer”), pursuant to which Imperial offered to purchase for cancellation up to $1.5 billion of its common shares (the “Shares”). The Offer proceeded by way of a modified Dutch auction, which had a tender price range from $72.50 per Share to $87.00 per Share, and included the option for shareholders to participate via a proportionate [Read more]
ExxonMobil announces corporate plan
IRVING, Texas - ExxonMobil today announced its corporate plan for the next five years, with a sizeable increase in investments aimed at emission reductions and accretive lower-emission initiatives, including its Low Carbon Solutions business. The corporate plan through 2027 maintains annual capital expenditures at $20-$25 billion, while growing lower-emissions investments to approximately $17 billion. This disciplined approach prioritizes high-return, low-cost-of-supply assets in the Upstream [Read more]
Imperial announces terms of its substantial issuer bid for up to $1,500,000,000 and receipt of exemptive relief
CALGARY, Alberta - Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced today the terms of its substantial issuer bid (the “Offer”) pursuant to which the company will offer to purchase for cancellation up to $1,500,000,000 of its common shares (the “Shares”). Subject to obtaining certain exemptive relief under applicable securities laws in the United States, the Offer will proceed by way of a modified Dutch auction that includes the ability for shareholders to participate via a [Read more]
Imperial announces third quarter 2022 financial and operating results
Quarterly net income of $2,031 million and cash flow from operating activities of $3,089 million Upstream production of 430,000 gross oil-equivalent barrels per day driven by strong production at Kearl and Cold Lake Sustained strong Downstream operating performance with quarterly refinery capacity utilization of 100%, highest in over 40 years Reduced debt by $1 billion using proceeds from the sale of interests in XTO Energy Canada Quarterly dividend increased by 29 percent from 34 [Read more]
SeekOps and Repsol Canada receives Alberta Energy Regulatory approval in Alt-FEMP filing
AUSTIN, Texas - SeekOps Inc., a leader in greenhouse gas emissions detection, quantification and reporting solutions, is the technology at the heart of an Alternative Fugitive Emission Management Program (Alt-FEMP), submitted by Repsol, that has now received approval from the Alberta Energy Regulator. Using their best-in-class, part-per-billion sensitive sensors, SeekOps deploys state-of-the-art unmanned aerial systems that leverage autonomous operations for swift, repeatable and consistent [Read more]
Kinder Morgan announces sale of equity interests in Elba liquefaction company
HOUSTON - Kinder Morgan, Inc. (NYSE: KMI) today announced that it has closed on the sale of a 25.5% equity interest out of its membership interest in Elba Liquefaction Company, L.L.C. (ELC) to an undisclosed financial buyer for approximately $565 million, subject to customary purchase price adjustments to reflect an economic effective date of July 1, 2022. These proceeds will reduce short-term debt and create additional capacity for attractive investments, including opportunistic share [Read more]
Equinor and Tallgrass to jointly pursue opportunities for hydrogen production, and infrastructure development in North America
HOUSTON--(BUSINESS WIRE)--Tallgrass and Equinor have announced a collaborative effort to pursue opportunities for development of large-scale, low-carbon hydrogen and ammonia projects in North America. The partners will assess the production and market potential for hydrogen and ammonia, and associated distribution infrastructure to help facilitate broad decarbonization. Under the memorandum of understanding, Tallgrass and Equinor have agreed to initial co-development activities, including the [Read more]
- « Previous Page
- 1
- …
- 11
- 12
- 13
- 14
- 15
- …
- 221
- Next Page »