BOE Report

New report advances the discussion around hydraulic fracturing and water issues in Canada

WATERLOO, ON, Oct. 6, 2015 /CNW/ - Central to the vast majority of conversations about hydraulic fracturing is the issue of water – its use, its management and protection, and its ecological, social and economic importance. There are many unknowns, but this is a fast-paced and important area in which decisions being made should hinge upon scientific knowledge. A new report, Water and Hydraulic Fracturing: Where knowledge can best support decisions in Canada, issued by Canadian Water Network [Read more]

Ultra Petroleum Corp. To Webcast Third Quarter 2015 Results

HOUSTON, Oct. 6, 2015 /CNW/ -- Ultra Petroleum Corp. (NYSE: UPL) announces the following Webcast to discuss its third quarter 2015 financial and operating results:   What: Ultra Petroleum Corp. Third Quarter 2015 Results Webcast When:  October 29, 2015 at 11:00 a.m. Eastern Daylight Time Where:  http://www.ultrapetroleum.com How:  Live over the internet via the website address above Contact:  Sandi Kraemer, skraemer@ultrapetroleum.com, 281-582-6613 If [Read more]

Unifor argues against Northern Gateway approval in federal court

VANCOUVER, Oct. 5, 2015 /CNW/ - The Harper government approved Enbridge's Northern Gateway pipeline on the basis of deeply flawed analysis presented by the National Energy Board (NEB), according to arguments made today in federal court by counsel for Unifor. "The process was rigged from the start, and it ignored important testimony from Canadians," said Joie Warnock, Unifor's Western Director. "If Stephen Harper refuses to protect our coast, we have no choice but to fight him in [Read more]

ISL G Near Zero Natural Gas Engine Certified to Near Zero Emissions

~First MidRange engine in North America to reduce NOx emissions by 90% from EPA 2010~ VANCOUVER, Oct. 5, 2015 /CNW/ - Cummins Westport Inc. (CWI) today announced the new ISL G Near Zero (NZ) NOx natural gas engine is the first MidRange engine in North America to receive emission certifications from both U.S. Environmental Protection Agency (EPA) and Air Resources Board (ARB) in California that meet the 0.02 g/bhp-hr optional Near Zero NOx Emissions standards for medium-duty truck, urban bus, [Read more]

Petromin Participates in the Completion of Opening a New Zone at Gilby

VANCOUVER, Oct. 5, 2015 /CNW/ - Petromin Resources Ltd is pleased to announce that it has elected to participate in the completion of the MIDDLE ELLERSIE ZONE in the 11-35-39-28W4M well located in the Joffre field. Upon completion, the well will be placed on production through the existing surface equipment and gas gathering and plant system. Petromin retains a 16.667% working interest in the section including an adjacent gas and oil well in LSD1-35-39-28W4M. Vesta Energy Ltd. will [Read more]

Russia's Big Hitters Looking to Drive Gas Sales in Emerging South East Asian Markets

SINGAPORE, Oct. 2, 2015 /CNW/ - Gazprom's Deputy Chairman, Alexander Medvedev, and Chief Executive of Gazprom Export, Elena Burmistrova, will seek to promote the competitive value of Russian gas to the key emerging energy markets of South East Asia, when they speak at the Gastech Conference in Singapore from 27 to 30 October 2015. The Russian state gas company heavyweights will be joined by other senior Russian executives (including Frédéric Barnaud, Gazprom's Executive Director for [Read more]

Couche-Tard announces completion of sale of Lubricants Business in Europe

LAVAL, QC, Oct. 1, 2015 /CNW Telbec/ - Alimentation Couche-Tard Inc. (TSX: ATD.A ATD.B) announces today the closing of the deal to sell its lubricants business to FUCHS PETROLUB SE ("FUCHS"). The deal, announced on August 1st, 2015, was subject to standard regulatory approvals and closing conditions and has now received clearance from the competition authorities. The sale is through a share purchase agreement, pursuant to which FUCHS has acquired 100% of all issued and outstanding shares in [Read more]

Penn West Announces The Sale Of Its Non-Operated 9.5% Working Interest In The Weyburn Unit For $205 Million And UpDates Its Annual Production Guidance

CALGARY, Oct 1, 2015 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("Penn West", "we", "us" or "our") is pleased to announce that it has entered into a definitive agreement for the sale of its non-operated 9.5% working interest in the Weyburn Unit in Southeast Saskatchewan for cash consideration of $205 million, subject to closing adjustments customary in transactions of this nature.  We intend to use the proceeds from this disposition to reduce our senior debt.  Upon the completion [Read more]

National Energy Board approves Line 9 hydrotest results, continues regulatory oversight

CALGARY, Sept. 30, 2015 /CNW/ - The National Energy Board (NEB) has approved the hydrostatic test results submitted by Enbridge for the Line 9B Reversal and Line 9 Capacity Expansion Project (Line 9) and will continue its strict regulatory oversight as Enbridge moves the pipeline into operation.  In June 2015 the NEB directed Enbridge to conduct hydrostatic testing on three segments of Line 9. The successful hydrotests confirm the NEB's confidence in the integrity of the pipeline and its [Read more]

Japanese Energy Leadership to Underpin Commitments to Natural Gas at Leading Asian Energy Event

SINGAPORE, Sept. 28, 2015 /CNW/ - As the world's largest consumer of liquefied natural gas (LNG), Japan's consumption accounts for one third of the entire global output every year, placing the country at the epicentre of supply-demand shifts as markets fluctuate in turbulent times. The future of Japan's energy security is a matter of national priority, leaving the country with challenging decisions regarding the fuels it chooses. The need to re-engage and re-negotiate major long-term [Read more]