BOE Report

Over 100 Leading Scientists Call for a Moratorium on New Oil Sands Development

Consensus statement says the science is clear: there can be no more oil sands development if we are to solve the global climate crisis OTTAWA, June 10, 2015 /CNW/ - Today more than 100 prominent scientists from across North America, including climate scientists, economists, geophysicists, and biologists, released a consensus statement entitled "Ten Reasons for a Moratorium" that shows why Canada and the United States should postpone new oil sands development. "Based on evidence raised [Read more]

National Energy Board to evaluate Kinder Morgan emergency response exercise

STRATHCONA COUNTY, AB, June 10, 2015 /CNW/ - On Wednesday, June 10, National Energy Board (NEB) officials will oversee and evaluate a full scale emergency exercise at the Kinder Morgan Edmonton Terminal tank farm. The tank farm is located in Strathcona Country, next to the City of Edmonton. The Kinder Morgan Canada exercise fulfills an NEB-ordered condition of approval for the company's Edmonton Terminal Expansion Project, which was approved in June 2008.  NEB officials will participate in, and [Read more]

Harvest Operations Corp. Sued for Breach of Trust

CALGARY, June 10, 2015 /CNW/ - PIDE Solutions Group Inc. ("PIDE"), a developer of virtualized compliance and operational management software for the oil and gas sector based in Calgary, Alberta has recently filed Claim in the Alberta Court of Queen's Bench against Harvest Operations Corp., ("Harvest") an oil and gas production company, headquartered in Calgary and which is wholly owned by the Korean National Oil Company ("KNOC").  The Claim seeks over $1.6M CDN in unpaid invoices and over $41.5M [Read more]

Enerplus Continues Strong Operational Performance – Updates 2015 Production and Capital Spending Guidance

This news release includes forward-looking statements and information within the meaning of applicable securities laws.  Readers are advised to review the "Forward-Looking Information and Statements" at the conclusion of this news release. CALGARY, June 10, 2015 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) is announcing an increase to its production guidance and capital spending in 2015. Year to date, we have been producing at the high end of our guidance range while [Read more]

Pembina Pipeline Corporation Announces June 2015 Dividend

CALGARY, June 9, 2015 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that its Board of Directors declared a common share cash dividend for June 2015 of $0.1525 per share to be paid, subject to applicable law, on July 15, 2015 to shareholders of record on June 25, 2015. 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]

Keyera Appoints New Member to Board of Directors

CALGARY, June 9, 2015 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") is pleased to announce the appointment of Ms. Janet Woodruff to its Board of Directors effective immediately.  Ms. Woodruff has over 30 years of experience in the energy and transportation sectors. Most recently, she served as acting Chief Executive Officer of Transportation Investment Corporation, a B.C. Crown Corporation, and prior to that was Vice President and Special Advisor at B.C. Hydro. Ms. Woodruff has also held senior [Read more]

Minister Rickford: Canada's Plan for Responsible Resource Development Enhances Maritimes' Energy Potential

SAINT JOHN, June 9, 2015 /CNW/ - The Honourable Greg Rickford, Canada's Minister of Natural Resources, today delivered keynote remarks during Saint John Port Days, where he highlighted Canada's plan for Responsible Resource Development and how the federal government's low-tax plan is positioning the Maritimes for jobs and growth opportunities by increasing competitiveness while enhancing environmental protection. Minister Rickford reinforced the benefits of creating one of the world's most [Read more]

Update at Annual Meeting of InterOil Shareholders 2015

SINGAPORE and PORT MORESBY, Papua New Guinea, June 9, 2015 /CNW/ -- InterOil Corporation (NYSE: IOC; POMSoX: IOC) will hold its annual meeting with shareholders in New York today. The Chairman, Chief Executive Officer and senior management will address shareholders and provide an update on the company's activities. A copy of the slide pack will be posted on the company's website before the meeting. The Chairman's Address and the management presentation with speaker notes will be available after [Read more]

ARC Financial raises $1.5 billion for 8th Canadian Energy Fund

CALGARY, June 8, 2015 /CNW/ - Canada's leading energy-focused private equity manager, ARC Financial Corp., today announced that it has closed ARC Energy Fund 8 with $1.5 Billion of institutional capital.  The fund was oversubscribed with the majority of the capital coming from investors in ARC's earlier funds. ARC's investment strategy remains consistent with prior funds with an exclusive focus on Canadian growth exploration and production and oilfield service companies.  Founded in 1989, and [Read more]

Cenovus recognized as a leader in corporate responsibility

Named to Sustainalytics, Corporate Knights top 50 lists CALGARY, June 8, 2015 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) continues to receive recognition as one of the country's most responsible companies. For the fourth year in a row, Maclean's magazine and Sustainalytics ranked Cenovus among the Top 50 Socially Responsible Corporations in Canada. Cenovus was one of five Canadian energy and utilities companies to make the list. Last week, Corporate Knights magazine recognized Cenovus as [Read more]