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General Interest

  1. Cenovus sells royalty business for $3.3 billion

    Online Articles

    Mon, 6 Jul 2015

    Cenovus Energy Inc., Calgary, inked an agreement to sell its wholly owned subsidiary Heritage Royalty LP to Ontario Teachers’ Pension Plan for gross cash proceeds of $3.3 billion. HRP holds 4.8 million gross acres of royalty interest and mineral fee title lands in Alberta, Saskatchewan, and ...

  2. CERI: Energy, operational efficiencies possible in Canadian oil, gas

    Online Articles

    Mon, 6 Jul 2015

    Measures can be taken by operators in the expanding resource-intensive Canadian oil and gas sector to improve both energy efficiency and operational efficiencies, according to a report from the Canadian Energy Research Institute (CERI).

  3. AGL Energy to scale back upstream gas operations

    Online Articles

    Mon, 6 Jul 2015

    all in New South Wales. The company will also retain its Silver ..... customer requirements. The company ’s future will be firmly rooted ..... back to the New South Wales government for a figure believed to be about $600,000 (Aus.). The company also will sell its share of

  4. Macondo settlement seen ‘positive’ for BP

    Online Articles

    Mon, 6 Jul 2015

    Macondo blowout and spill improves the company ’s financial outlook, according to Moody’s Investors Service ..... about $10 billion. This will bring the company ’s total charges related to the Macondo disaster since 2010 ..... retrenchment.” Moody’s noted that the company has divested assets worth more than

  5. Statoil installs subsea wet gas compressor at Gullfaks

    Online Articles

    Mon, 6 Jul 2015

    platform offshore Norway. By compressing at the sea floor, the company expects to add 22 million boe and 2 years additional production ..... level, subsea wet gas compression maintains production. The company believes that later-stage recovery at Gullfaks could be as

  6. Linn Energy, Quantum complete AcqCo deal

    Online Articles

    Mon, 6 Jul 2015

    Linn Energy LLC, affiliate LinnCo LLC, and Quantum Energy Partners have signed definitive agreements to fund the acquisition and development of oil and gas properties through an alliance, QL Energy I LLC, for which they signed preliminary agreements earlier this year.

  7. MARKET WATCH: NYMEX oil prices fall on rise in US rig count

    Online Articles

    Mon, 6 Jul 2015

    US light, sweet crude oil prices edged down going into the July 4 holiday weekend on the New York market after Baker Hughes Inc. reported July 2 that the US onshore rig count jumped by 12 rigs drilling for oil and also upon uncertainty about Iran’s July 7 deadline for a nuclear accord.

  8. PHMSA proposes pipeline accident notification regulations

    Online Articles

    Thu, 2 Jul 2015

    and is crucial to the ability to mitigate damage and protect people , property, and the environment following an incident,” US Sec. of ..... focusing on creating a safety culture for pipelines from a company ’s chief executive down to construction workers and control

  9. Twists of activists’ dogma freshens view of global warming

    Online Articles

    Thu, 2 Jul 2015

    geoscience advisor at Headington Energy Partners, “causes people .” Activists who see doom in rising sea levels won’t like that twist of their dogma ..... agriculture. If warming made more of the globe habitable by more people , cooling would have the opposite effect. “What happens

  10. Quicksilver Canada gets LNG export approval

    Online Articles

    Thu, 2 Jul 2015

    Board of Canada to export 20 million tonnes/year of LNG from a possible liquefaction plant near Campbell River, BC. The company , which produces natural gas in the Horn River basin of British Columbia, is studying feasibility of building a plant at on

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