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General Interest 2010 P

  • 08/12/2010 -- Grinsfelder joins LeFrak in exploration post
    Gary S. Grinsfelder has joined LeFrak Energy, Houston, the energy division of the LeFrak Organization, New York, as vice-president of exploration.
  • 08/12/2010 -- Direct Energy to buy gas assets in Alberta
    Direct Energy, a North American gas and electricity retailer, has agreed to acquire producing natural gas interests in the Wildcat Hills area 35 km northwest of Calgary, Alta., from Suncor Energy for $375 million (Can.).
  • 08/09/2010 -- EOG to shed excess shale play acreage
    EOG Resources Inc., Houston, has offered for sale two packages of noncore North American natural gas assets and acreage in gas and liquids plays to partly fund its 2010 and 2011 capital programs.
  • 07/02/2010 -- Jaggers joins Ute Energy as president, CEO
    The board of Ute Energy LLC, Denver, has named Joe Jaggers as president and chief executive officer.
  • 07/29/2010 -- Hess to acquire AOG in all-stock deal
    Hess Corp., building on several recent acquisitions aimed at diversifying its worldwide portfolio, has agreed to acquire American Oil & Gas (AOG) in an all-stock transaction.
  • 07/07/2010 -- Total to buy Fort Hills stake from UTS
    Total E&P Canada Inc. has agreed to acquire a 20% interest in the Fort Hills oil sands mining project in the Athabasca region of Alberta from UTS Energy Corp.
  • 07/01/2010 -- Canada's Trident emerges from bankruptcy
    Private Calgary independent Trident Resources Corp. emerged from bankruptcy protection in Canada and the US, saying it is “poised to continue growing its operated unconventional natural gas assets in North America.”
  • 07/27/2010 -- IEA's Tanaka: World will continue to depend on OPEC
    The global economy’s reliance on oil supplies from the Organization of Petroleum Exporting Countries, especially its Middle Eastern producers, will continue to rise over the medium to long term, according to the head of Paris-based International Energy Agency.
  • 07/22/2010 -- Study projects boost in Marcellus shale jobs, economy
    Development of Marcellus shale natural gas could create 280,000 jobs and add $6 billion of federal, state, and local tax revenues over the next decade, a new study commissioned by the American Petroleum Institute concluded.
  • 06/28/2010 -- Study: Gas to play major GHG reduction role in near term
    While tight carbon constraints could lead to less natural gas being used to generate power in the long run, gas will play a substantial part in the coming decades in enabling substantial near-term carbon emissions reductions, a new Massachusetts Institute of Technology study concluded.
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