BOE Report

Sunshine Oilsands Announces Appointment Of CEO And Of A Director, President And Chief Operating Officer

CALGARY, Alberta and HONG KONG, Dec.14, 2014 /CNW/ -- The Board of Directors of Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKEX: 2012, TSX: SUO) has unanimously appointed Mr. Hong Luo, a Director of the Corporation, as Chief Executive Officer, subject to obtaining all necessary immigration approvals. The Board of Directors has also unanimously appointed Dr. Qi Jiang as President and Chief Operating Officer and a Director. There are no disagreements among board members and there [Read more]

Wet'suwet'en First Nation signs LNG pipeline benefits agreement with Province

WET'SUWET'EN FIRST NATION, PALLING, BC, Dec. 12, 2014 /CNW/ - The Wet'suwet'en First Nation (WFN) Chief and Council are pleased to confirm the signing of the LNG pipeline benefits agreement with the Province of British Columbia. The WFN will receive approximately $2.8 million from the province at three different stages for the Coastal Gas Link (CGL) gas pipeline project: $464,000 within 90 days after signing the agreement $1,160,000 when pipeline construction starts (scheduled to begin in 2015) [Read more]

Ivanhoe Energy board announcement

VANCOUVER, Dec. 12, 2014 /CNW/ - Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN) (TSX: IE.DB) announced the resignation of Peter G. Meredith from the company's Board of Directors, effective today. Mr. Meredith has served as a director of the company since December, 2007 and also from 1996 to 1999. The directors and the management of the company thank Mr. Meredith for his hard work, dedication and contribution over the many years and wish him success in his other business endeavors. Ivanhoe [Read more]

Keyera to Acquire Majority Ownership Interest in Ricinus Gas Plant

CALGARY, Dec. 12, 2014 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") announced today that it has reached an agreement to acquire a 70.79% ownership interest in the Ricinus deep-cut gas plant in west central Alberta (the "Ricinus Plant") for $65 million. The acquisition is subject to closing conditions including but not limited to the waiver or expiration of rights of first refusal held by the other owners of the Ricinus Plant. The Ricinus Plant, which is located 22 kilometres south of Keyera's [Read more]

Ivanhoe Energy provides update on the status of ongoing strategic and financial initiatives to obtain additional financing

Company does not expect to make the cash interest payment due December 31 on convertible debentures VANCOUVER, Dec. 12, 2014 /CNW/ - Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN) (TSX: IE.DB) announced today that the company's Board of Directors has been engaged in a process with its financial advisors to devise and implement a strategy to address Ivanhoe's liquidity, funding requirements and capital structure. Strategic and financial alternatives under consideration are focused on relieving [Read more]

Cenovus announces 2015 budget

Company to focus on high-return projects, capital discipline CALGARY, Dec. 11, 2014 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE)  plans to exercise capital restraint in the year ahead in the face of weaker oil prices. The company's 2015 capital budget focuses on continued profitable investment in oil sands projects, creating near-term cash flow while maintaining flexibility to adjust to shifting market conditions. Cenovus will manage through the volatile oil price environment [Read more]

Cenovus named to Climate Disclosure Leadership Index

Company selected for fifth year in a row CALGARY, Dec. 10, 2014 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) is being recognized again for its leadership in the reporting of greenhouse gas (GHG) emissions with its inclusion in the 2014 Canada 200 Climate Disclosure Leadership Index. This is the fifth consecutive year that Cenovus has been named to the index, which is published by CDP (formerly known as the Carbon Disclosure Project). "We're pleased to have been consistently chosen to be a [Read more]

Gaz Métro and Fluxys work together to develop the liquefied and compressed natural gas market

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]