BOE Report

East Africa: Hot-bed for Energy Related Investments

CAPE TOWN, South Africa, Dec. 2, 2015 /PRNewswire/ -- East Africa is emerging as a hotbed for energy related investments not only for its robust economic growth, but also for its potential to become one of the largest producers and exporters of oil and natural gas in the world. Countries like Tanzania, Kenya, Ethiopia, and Rwanda - which have traditionally depended on biomass to meet most of their energy requirements - are gradually shifting to modern energy sources to meet the growing demands [Read more]

BFS Confirms Buck Creek Will Be A Low Capex, High Margin Coal Mine

NEW YORK, Dec. 1, 2015 /PRNewswire/ -- BFS Highlights: Average Annual EBITDA of US$87m (A$121 million) Low Capex of only US$105 million Low Opex FOB barge of US$29.37 per ton BFS results based on executed sales contract with a major Illinois Basin utility All major environmental permits received to commence construction US based debt and equity finance discussions progressing rapidly Results of the Scoping Study for the Buck Creek No.2 Mine due December 2015 Paringa Resources Limited [Read more]

Columbia Pipeline Group Announces Offering of Common Stock

HOUSTON, Dec. 1, 2015 /PRNewswire/ -- Columbia Pipeline Group, Inc. (NYSE: CPGX) ("CPG") today announced the commencement of an underwritten public offering of 51 million shares of its common stock.  In connection with this offering, CPG intends to grant the underwriters a 30-day option to purchase up to 7.65 million additional shares of its common stock. CPG plans to use the net proceeds from this offering, together with cash flow from operations and available borrowings under its revolving [Read more]

Apache Releases 2015 Sustainability Report

HOUSTON, Dec. 1, 2015 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) has released its 2015 Summary Sustainability Report and published additional disclosures on its website. The online report features expanded disclosure of Apache's performance in governance, economics, environmental stewardship, health and safety in the workplace, and community outreach. The report is available at www.apachecorp.com/Sustainability.   "Apache's commitment to operate as a good neighbor while employing [Read more]

Union Gas Announces Transportation Open Season

Firm capacity between Dawn, Kirkwall and Parkway starting as early as Nov. 1, 2018 CHATHAM, ON, Dec. 1, 2015 /PRNewswire/ - Union Gas is holding an open season for incremental firm capacity of up to 350,000 GJ/d beginning in 2018 and an additional 600,000 GJ/d in 2019 along the following transportation paths: (a) Dawn to Parkway; (b) Dawn to Kirkwall; and (c) Kirkwall to Parkway. The open season offers firm access to the liquidity and diversity of the Dawn Hub in addition [Read more]

Bellatrix Announces Borrowing Base Redetermination and Mutual Expiration of Shareholder Agreement with Orange Capital

TSX, NYSE: BXE CALGARY, Dec. 1, 2015 /PRNewswire/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) announces the results of its semi-annual borrowing base redetermination under the Company's secured revolving credit facilities ("Credit Facility"), resulting in approximately $200 million of available liquidity based on September 30, 2015 debt balances. Effective November 30, 2015, the borrowing base of the Company's Credit Facility has been reduced by 10% [Read more]

Southern Company subsidiary acquires first solar project in Texas

ATLANTA, Nov. 30, 2015 /PRNewswire/ -- Southern Company subsidiary Southern Power today announced the acquisition of a controlling interest in the 157-megawatt (MW) Roserock solar facility – the company's first solar project in Texas – from Recurrent Energy, one of North America's largest solar developers. The latest addition to one of America's largest renewable portfolios, the facility is being developed by Recurrent Energy, a subsidiary of Canadian Solar Inc., which will retain the remaining [Read more]

Pembina Pipeline Corporation Announces 2016 Capital Program of $2.1 Billion

(All financial figures are approximate and in Canadian dollars unless otherwise noted. This news release refers to earnings before interest, taxes, depreciation and amortization ("EBITDA") which is a financial measure that is not defined by Generally Accepted Accounting Principles ("GAAP"). For more information about EBITDA, see "Non-GAAP Measures" herein.) CALGARY, Nov. 30, 2015 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced that its Board [Read more]

Vermilion Energy Inc. CEO, Lorenzo Donadeo to Retire; Anthony Marino, President and COO to Succeed Donadeo as President and CEO

CALGARY, Nov. 30, 2015 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "the Company", "We", "Us", or "Our") (TSX, NYSE: VET) Co-founder and Chief Executive Officer Lorenzo Donadeo today announced publicly his intention to retire as CEO effective March 1, 2016, at which time he will transition to his new role as Chair of the board of directors.  Larry Macdonald, the Company's current Chair will transition to the newly created role of Lead Director.  In line with the Company's [Read more]

NEB issues Inspection Officer Order in response to Pine River Gas Plant release

CALGARY, Nov. 27, 2015 /CNW/ - The National Energy Board (NEB) has issued an Inspection Officer Order in response to the release of an unconfirmed volume of vapour at the Pine River Gas Plant on November 26, 2015. The vapours released originated from a gas "sweetening" system, a process that is used to remove carbon dioxide and hydrogen sulfide from natural gas. The plant in Northeastern BC is operated by Westcoast Energy Inc. carrying on business as Spectra Energy Transmission. The plant was [Read more]