BOE Report

HII Technologies Provides Operational Update; Business Activity Remains Robust

HOUSTON, TX--(Marketwired - December 04, 2014) - HII Technologies, Inc. (OTCQB: HIIT) ("HII Technologies" or the "Company"), an oilfield services company headquartered in Houston, Texas, provided a timely update on current operations. "While we understand the market's concern over falling crude oil prices, we note that business continues to grow rapidly at HII Technologies," stated Matthew Flemming, CEO. "Our top five customers represent more than 50% of our current revenues and are comprised of [Read more]

Teekay LNG Signs Charter Contracts With Shell for Five Newbuild LNG Carriers

HAMILTON, BERMUDA--(Marketwired - Dec. 4, 2014) - Subsidiaries of Teekay LNG Partners L.P. (Teekay LNG) (NYSE:TGP) and a wholly owned company of Royal Dutch Shell plc (Shell) today announced that they have entered into time-charter contracts for five newbuild LNG carriers. The vessels will operate as part of Shell's global LNG fleet under time-charters ranging in duration from six to eight years, plus extension options. Delivery of the vessels will start from the second half of 2017 into 2018. [Read more]

Suncor Energy recognized for excellence in corporate reporting

CALGARY, ALBERTA--(Marketwired - Dec. 4, 2014) - Suncor Energy today announced it received two awards for excellence in corporate reporting from the Chartered Professional Accountants of Canada (CPA Canada) at the Corporate Reporting Awards held in Toronto last night. Suncor has received the Award of Excellence in Sustainability Reporting for its 2014 Report on Sustainability. This is the sixth consecutive year that the company has been honoured with this award. Suncor also received the [Read more]

Touchstone Enters Into Credit Facility

CALGARY, ALBERTA--(Marketwired - Dec. 4, 2014) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces that two of its indirect wholly-owned Trinidad subsidiaries, Touchstone Exploration (Trinidad) Ltd. and Primera Oil and Gas Limited (the "Borrowers"), have entered into an agreement with The Bank of Nova Scotia, as Administrative Agent, Collateral Agent and initial Lender, for a $50 million USD denominated credit facility maturing on December 2, 2017. Scotiabank [Read more]

Questerre Appoints Ted Roberts to Board

CALGARY, ALBERTA--(Marketwired - Dec. 4, 2014) - Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC)(OSLO:QEC) reported today that it has appointed Ted Roberts to the Board of Questerre. Peder Paus, Chairman of Questerre, commented, "It is with great pleasure that we welcome Ted Roberts to our Board. He is currently a senior portfolio manager at Mandatum Life, our largest institutional shareholder. With his extensive experience in equity capital markets we are looking [Read more]

Enbridge Reviewing Restructuring Plan to Drop Down Its U.S. Liquids Pipeline Assets to Enbridge Energy Partners

HOUSTON, TX--(Marketwired - Dec 3, 2014) -  Enbridge Inc. (NYSE: ENB) (TSX: ENB) ("Enbridge" or "ENB") has announced it is reviewing a potential restructuring plan that would involve the transfer of its directly held U.S. liquids pipeline assets to Enbridge Energy Partners, L.P. (NYSE: EEP) (the "Partnership" or "EEP"), a U.S. affiliate of Enbridge. This review is underway and has not progressed to a conclusion.  In the event that we receive a proposal from Enbridge, the Board [Read more]

Enbridge Income Fund to Receive Large Scale Drop Down Proposal From Enbridge

CALGARY, ALBERTA--(Marketwired - Dec. 3, 2014) - Enbridge Income Fund (EIF or the Fund) and Enbridge Income Fund Holdings Inc. (TSX:ENF) (EIFH) were advised today that Enbridge Inc. (TSX:ENB) (NYSE:ENB) (Enbridge), which is the sponsor of the Fund and of EIFH, intends to make a proposal to transfer its Canadian Liquids Pipelines business, as well as additional renewable assets, to the Fund (the Proposal). The transfer would be part of a broader financial restructuring plan announced today by [Read more]

Enbridge Income Fund to Receive Large Scale Drop Down Proposal From Enbridge

CALGARY, ALBERTA--(Marketwired - Dec. 3, 2014) - Enbridge Income Fund (EIF or the Fund) and Enbridge Income Fund Holdings Inc. (TSX:ENF) (EIFH) were advised today that Enbridge Inc. (TSX:ENB) (NYSE:ENB) (Enbridge), which is the sponsor of the Fund and of EIFH, intends to make a proposal to transfer its Canadian Liquids Pipelines business, as well as additional renewable assets, to the Fund (the Proposal). The transfer would be part of a broader financial restructuring plan announced today by [Read more]

Enbridge Announces 33% Dividend Increase, Financial Restructuring Plans, Revised Payout Policy and 2015 Adjusted Earnings Guidance

CALGARY, ALBERTA--(Marketwired - Dec. 3, 2014) - 33% dividend increase, payable March 1, 2015 Plans to transfer Canadian Liquids Pipelines business to Enbridge Income Fund New dividend payout policy range of 75% to 85% of adjusted earnings 2015 Adjusted EPS guidance of $2.05 to $2.35 Parallel U.S. restructuring plan under consideration Enbridge Inc. (TSX:ENB) (NYSE:ENB) (Enbridge or the Company) today announced a 33% increase to its next quarterly common share dividend as well as [Read more]

Canadian Oil Sands Announces 2015 Budget

CALGARY, ALBERTA--(Marketwired - Dec. 3, 2014) - Canadian Oil Sands Limited (TSX:COS)(OTCQX:COSWF) (COS) today announced its budget for 2015, which is marked by significantly lower capital expenditures, as Syncrude's major capital projects come to a close. This reinvestment included new or refurbished bitumen mining equipment to support decades of non-declining production and new technology to accelerate tailings reclamation. "With this budget, we are delivering a lower capital expenditure [Read more]