Of the 1,500 worldwide employees slated for layoff, 950 are for the Houston operation. The first group is set to leave in October. Chevron has already communicated the same to the Texas Workforce Commission as spokesman, Cam Van Ast said they plan to finish issuing pink slips by the end of the year. Chevron has not stated the positions it will be targeting with upcoming layoffs but has told state regulators that most will target positions on its four corporate centers in downtown Houston. [Read more]
News
Trilogy Energy Corp. Announces Impact of Recent Suspension of Alliance and TransCanada Pipeline Systems
CALGARY, ALBERTA--(Marketwired - Aug. 18, 2015) - Trilogy Energy Corp. (TSX:TET) ("Trilogy") announces that the recent suspension of the mainline pipeline system operated by Alliance Pipeline ("Alliance") has resulted in a deferral of approximately 40 MMcf per day of Trilogy's natural gas production and 3,500 Bbls per day of crude oil and natural gas liquids over the seven day period the pipeline operations were suspended. Alliance shut down its system on August 7, 2015, following the detection [Read more]
Questfire Energy Corp. Announces 2015 Second Quarter Financial Results
CALGARY, ALBERTA--(Marketwired - Aug. 18, 2015) - Questfire Energy Corp. (the "Corporation" or "Questfire") (TSX VENTURE:Q.A)(TSX VENTURE:Q.B) is pleased to announce that it has filed on SEDAR its unaudited interim financial statements and related management's discussion and analysis ("MD&A") for the three and six month periods ended June 30, 2015. Financial and Operating Highlights Three months ended June 30, Six months ended June [Read more]
Petrus Resources Ltd. Announces Second Quarter 2015 Results
CALGARY, ALBERTA--(Marketwired - Aug. 18, 2015) - Petrus Resources Ltd. ("Petrus" or the "Company") is pleased to report operating and financial results for the second quarter of the 2015 fiscal year. Average production in the second quarter was 8,890 boe per day (38% oil and liquids) as compared to 4,959 boe per day (44% oil and liquids) reported for the second quarter of 2014. Since mid-January, a portion of the Company's sales volume (affecting three of the four operating areas) has been [Read more]
Waldron Energy Corporation Announces Appointment of Receiver
CALGARY, ALBERTA--(Marketwired - Aug. 17, 2015) - Waldron Energy Corporation (TSX:WDN) ("Waldron" or the "Corporation") announces that the Court of Queen's Bench of Alberta has granted the application of the Corporation's senior secured lender, National Bank of Canada, to appoint FTI Consulting Canada Inc. (the "Receiver") as receiver and manager over the assets, undertakings and property of Waldron. The Receiver will be in charge of managing day to day affairs of the Corporation during the [Read more]
Feds allow Shell to drill for oil in Arctic Ocean off Alaska for first time in 20-plus years
ANCHORAGE, Alaska - The federal government on Monday gave Royal Dutch Shell the final permit it needs to drill for oil in the Arctic Ocean off Alaska's northwest coast for the first time in more than two decades.The Bureau of Safety and Environmental Enforcement announced that it approved the permit to drill below the ocean floor after the oil giant brought in a required piece of equipment to stop a possible well blowout.The agency previously allowed Shell to begin drilling only the top sections [Read more]
Northwestern B.C. governments form alliance to win share of resource cash
TERRACE, B.C. - The indirect cost of workers commuting to energy-sector jobs has prompted 21 local governments in British Columbia's northwest to band together and press the province for a greater share of project revenues.Representatives met in Terrace on Saturday to formalize the Resource Benefits Alliance.Stacey Tyers, the group's chairwoman, said workers used to move their families into northwestern B.C. towns for new projects but now most people fly in and out for a job."(Workers) use our [Read more]
Marksmen Announces Operational Update
CALGARY, ALBERTA--(Marketwired - Aug. 17, 2015) - Marksmen Energy Inc. ("Marksmen" or the "Company") (TSX VENTURE:MAH) is pleased to provide the following operation update: Davis-Delong Unit # 1 Well As previously announced this well is operated by our joint venture partners, Hocking Hills Energy and Well Services ("HHE") and Chuck Henry Energy LLC ("CHE"). Marksmen has a 45% working interest in the well. It was spudded on July 20th 2015 and reached total depth on July 26th, 2015. The [Read more]
NEB OKs Goldboro LNG project to export liquefied natural gas from N.S. terminal
HALIFAX - Pieridae Energy (Canada) Ltd. says it has received Canadian approval to export natural gas in liquefied form to Europe from a proposed LNG terminal in Nova Scotia.The company says the National Energy Board has granted it 20-year licences to import gas from the United States and to export it from the proposed Goldboro LNG terminal.An affiliated company has already received similar approvals from the U.S. Department of Energy.Pieridae is one of three groups that has sought the NEB's [Read more]
Seven Generations reaches gas marketing agreement with Tenaska to optimize natural gas market access in the U.S. Midwest
CALGARY, Aug. 17, 2015 /CNW/ - Seven Generations Energy Ltd. (Seven Generations or 7G) has entered into an agreement with Tenaska Marketing Canada and Tenaska Marketing Ventures (Tenaska) that will see Tenaska manage 7G's expanding natural gas transportation capacity on Alliance Pipeline to the U.S. Midwest. "Tenaska is a leading North American energy firm with the gas marketing expertise and market connections to help optimize the value of our growing sales in the U.S. Midwest. This [Read more]