BRUSSELS, Dec. 10, 2014 /CNW Telbec/ - Gaz Métro and Fluxys are pleased to announce they entered into a collaboration agreement to pool their expertise and stimulate the liquefied natural gas (LNG) and compressed natural gas (CNG) markets for industry and the transportation sector. The agreement will pave the way for an exchange of information and expertise related to LNG and CNG, particularly on the technical, commercial, contractual, regulatory, fiscal and administrative fronts. The two [Read more]
SNC-Lavalin Group member, Kentz awarded four-year contract by Qatar Shell
MONTREAL, Dec. 10, 2014 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) is pleased to announce that Qatar Kentz, a member of the SNC-Lavalin Group, has been awarded a four-year multi-million-dollar call-off contract, with a possible two-year extension, by Qatar Shell for its Pearl Gas-To-Liquids (GTL) onshore and offshore facilities in Qatar. As EPCM and construction contractor for onshore and offshore Pearl GTL facilities, Kentz will manage the EPCM work for all services related to plant changes, as well [Read more]
CNOOC signs PSCs with KUFPEC
HONG KONG, Dec. 10, 2014 /CNW/ - CNOOC Limited (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) announced today that its parent company, China National Offshore Oil Corporation ("CNOOC"), has signed three production sharing contracts (PSCs) with KUFPEC (China) Inc. ("KUFPEC") for Blocks 52/22、52/26 and 63/13 in the South China Sea. The three blocks mentioned above are located in the Yinggehai Basin of the South China Sea. Block 52/22 covers a total area of 1,896 square kilometers, and has a [Read more]
Keyera Announces December 2014 Dividend
CALGARY, Dec. 9, 2014 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") announced today a cash dividend for December 2014 of 21.5 cents per common share. The dividend will be payable on January 15, 2015, to shareholders of record on December 22, 2014. The ex-dividend date is December 18, 2014. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). For non-resident shareholders, Keyera's dividends are subject to Canadian withholding tax. About Keyera Corp. Keyera Corp. [Read more]
Keyera Increases and Extends Credit Facility
CALGARY, Dec. 9, 2014 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") today announced that it has agreed on terms with a syndicate of eight lenders to increase and extend its unsecured revolving credit facility (the "Credit Facility"). The Credit Facility will increase from $750 million to $1 billion, with the potential to increase to $1.35 billion, subject to certain conditions. In addition, the term of the Credit Facility has been extended from December 6, 2017 to December 6, 2019. "The changes [Read more]
Lloyd I. Miller, III acquires common shares of LGX Oil + Gas Inc.
MONTRÉAL, Dec. 9, 2014 /CNW Telbec/ - Lloyd I. Miller, III, as an individual, acquired on December 8, 2014, ownership of 153,500 common shares (the "Common Shares") of LGX Oil + Gas Inc. ("LGX") (TSXV:OIL). The Common Shares were acquired through the facilities of the Toronto Stock Exchange at a price of US$0.11 per common share or CDN$0.13 per common share (based on the Noon Bank of Canada exchange rate), such common shares representing approximately 0.17% of the currently issued and [Read more]
Pembina Pipeline Corporation Announces December 2014 Dividend
CALGARY, Dec. 9, 2014 /CNW/ - The Board of Directors of Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) has declared a common share cash dividend for December 2014 of $0.145 per share to be paid, subject to applicable law, on January 15, 2015 to shareholders of record on December 31, 2014. This dividend is designated an "eligible dividend" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends should be considered [Read more]
EOG Resources Divests Majority of Canadian Assets
HOUSTON, Dec. 8, 2014 /PRNewswire/ -- EOG Resources, Inc. (NYSE: EOG) (EOG) today announced the divestiture of all its assets in Manitoba and certain assets in Alberta in two separate transactions that closed on November 28 and December 1, 2014. Approximate proceeds from the divestitures were US$ 410 million, net of customary transaction adjustments. As a result of these transactions, approximately US$ 150 million of restricted cash related to future abandonment liabilities was released. The [Read more]
Sunshine Oilsands Ltd. Announces Grant of Share Options
CALGARY, Alberta and HONG KONG, Dec. 8, 2014 /CNW/ -- This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"). The board of directors of Sunshine Oilsands Ltd. (the "Corporation"; HKEX: 2012, TSX: SUO) announces that share options to acquire shares in the capital of the Corporation were granted by the Corporation to certain officers, employees and consultants under its share option [Read more]
Petro-Canada Lubricants' new DURON™-E UHP 5W-30 Heavy Duty Engine Oil delivers both fuel economy and engine protection
Latest addition to the DURON family can deliver up to 2x* better engine protection and 4%** better fuel economy MISSISSAUGA, ON, Dec. 8, 2014 /CNW/ - Petro-Canada Lubricants Inc., a Suncor Energy business, has launched its newest product – DURON™-E UHP 5W-30. It is an ultra-high performance full synthetic low viscosity heavy duty diesel engine oil (HDEO) that can deliver up to 2x* better engine protection and 4%** better fuel economy. (Photo: http://photos.prnewswire.com/prnh/20141206/162750) [Read more]
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