CALGARY, Alberta - Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to announce that the Toronto Stock Exchange (“TSX”) has approved the Corporation’s normal course issuer bid (“NCIB”) to purchase up to 57,967,089 common shares during the 12-month period commencing March 16, 2023 and ending March 15, 2024 or such earlier time as the NCIB is completed or terminated at the option of Athabasca. Athabasca’s launch of a NCIB is based on the strength of the balance [Read more]
Equinor ASA: Michael Lewis leaves the board of directors of Equinor
Michael Lewis has informed that he will resign from his position as member of the board of directors in Equinor ASA with effect as of 16 March 2023 in order to avoid potential conflict of interests following his appointment as CEO in Uniper SE. His commencement date as CEO in Uniper SE has not yet been announced. The nomination committee in Equinor ASA will initiate its search for a new board member, to allow for the corporate assembly to conduct a by-election when the nomination committee’s [Read more]
Cardinal Energy Ltd. Announces Fourth Quarter 2022 and Year-End Financial Results
CALGARY, Alberta, March 13, 2023 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) is pleased to announce its operating and financial results for the fourth quarter and year ended December 31, 2022. HIGHLIGHTS FROM THE FOURTH QUARTER AND FULL YEAR OF 2022 Reduced net debt(1) by $115.5 million in 2022, a 65% reduction over year-end 2021 which reduces corporate risk and increases Cardinal's sustainability;Reinstated our monthly dividend in 2022 and subsequently [Read more]
PrairieSky Royalty declares quarterly dividend
CALGARY, Alberta, March 13, 2023 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. (“PrairieSky”) (TSX:PSK) announced today that its Board of Directors has declared a quarterly dividend of CDN $0.24 per common share, payable in cash on April 14, 2023 to shareholders of record on March 31, 2023. This dividend is designated as an “eligible dividend” for Canadian income tax purposes. About PrairieSky Royalty Ltd. PrairieSky is a royalty-focused company, generating royalty revenues as petroleum [Read more]
International Petroleum Corporation announces results of normal course issuer bid
TORONTO - International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 127,100 IPC common shares (ISIN: CA46016U1084) during the period of March 6 to 10, 2023 under IPC’s normal course issuer bid / share repurchase program (NCIB). IPC’s NCIB, announced on December 1, 2022, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) and Commission Delegated Regulation (EU) No [Read more]
International Petroleum Corporation announces confirmation of corporate and bond credit ratings
TORONTO - International Petroleum Corporation ("IPC" or the "Corporation") (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that international credit rating agencies S&P Global Ratings and Moody’s have affirmed IPC’s corporate and bond credit ratings. In respect of IPC’s corporate credit ratings, S&P Global Ratings has affirmed a credit rating of B with Stable outlook and Moody’s has affirmed a credit rating of B1 with Stable outlook. In respect of IPC’s outstanding USD 300 million [Read more]
Shell Plc fourth quarter 2022 euro and Gbp equivalent dividend payments
SHELL PLC FOURTH QUARTER 2022 EURO AND GBP EQUIVALENT DIVIDEND PAYMENTS The Board of Shell plc (the “Company”) today announced the pounds sterling and euro equivalent dividend payments in respect of the fourth quarter 2022 interim dividend, which was announced on February 2, 2023 at US$0.2875 per ordinary share. Shareholders have been able to elect to receive their dividends in US dollars, euros or pounds sterling. Holders of ordinary shares who have validly submitted US dollars, euros or [Read more]
International Petroleum Corporation to arrange fixed income investor meetings
TORONTO - International Petroleum Corporation ("IPC" or the "Corporation") (TSX, Nasdaq Stockholm: IPCO) announces that it is planning to arrange fixed income investor meetings in connection with a potential tap issue under the outstanding USD 300 million 7.25% senior unsecured bonds with maturity in 2027 (ISIN NO 0012423476). IPC has mandated Arctic Securities and Pareto Securities as Joint Lead Managers and Bookrunners to arrange a series of fixed income investor meetings commencing Monday, [Read more]
Trans Mountain Corporation provides update on the Expansion Project
Project to be completed this year, operational in early 2024 CALGARY, Alberta, March 10, 2023 (GLOBE NEWSWIRE) -- Trans Mountain Corporation today announced an update for the Trans Mountain Expansion Project (the Project). Construction of the Project is close to 80 percent complete, with mechanical completion expected to occur at the end of 2023, and the pipeline will be in-service in the first quarter of 2024. Once completed, the pipeline system will have nearly tripled its capacity, [Read more]
Shell publishes annual report and accounts
Shell plc published Annual Report and Accounts 09 March 2023 This announcement has been re-published to correct the headline category on the earlier announcement, published at 7am on March 9, 2023. All other information remains unchanged. Shell plc published its Annual Report and Accounts for the year ended December 31, 2022. The 2022 Annual Report and Accounts will be submitted to the Annual General Meeting to be held on May 23, 2023. The 2022 Annual Report and Accounts can be [Read more]