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General Interest

  1. Encana to focus spending on four core shale assets in 2015

    Online Articles

    Tue, 16 Dec 2014

    total directed towards four of what the company is calling its “highest margin growth ..... president and chief executive officer. The company estimates it will increase its total liquids ..... long-term strategic goals.” The company ’s 2015 capital program is based on

  2. Cenovus trims budget, slows oil sands work

    Online Articles

    Tue, 16 Dec 2014

    thermal oil sands projects in Alberta. The company has budgeted capital spending for 2015 ..... projects in progress at its refineries. The company will use “discretionary capital” of $400 ..... the year with internal cash flow,” a company statement said. The company will review

  3. Pengrowth starts commercial steam operations at Lindbergh thermal project

    Online Articles

    Tue, 16 Dec 2014

    lower-than-expected steam/oil and diluent blending ratios and faster-than-expected reservoir response to steam, the company said. Pengrowth said the initial 12,500-b/d commercial project has “robust economics” that make it able to generate

  4. Repsol to acquire Talisman in $13 billion deal

    Online Articles

    Tue, 16 Dec 2014

    largest international deal by a Spanish company in the last 5 years, elevating Repsol ..... to 2,353 billion boe. The resulting company will be present in more than 50 countries ..... become a primary corporate center for the company outside of Spain. Repsol, which sought

  5. MARKET WATCH: Oil prices continue falling awaiting economic statistics

    Online Articles

    Tue, 16 Dec 2014

    Reuters reported. Meanwhile, armed clashes during the weekend in Libya prompted National Oil Corp., the state-run oil company , to declare force majeure for its two biggest oil ports, Es Sider and Ras Lanuf, disrupting oil supply. China, one of the

  6. Angola’s Sonangol secures $2 billion loan for refinery, other projects

    Online Articles

    Mon, 15 Dec 2014

    part construction of Sonangol’s planned 200,000 b/d Sonaref refinery in Lobito, Angola, the Angolan state-owned company said. First announced in 2009, the Sonaref refinery is a strategic project intended to reduce Angola’s reliance on imported

  7. Eni reports flow test rates for well offshore Congo (Brazzaville)

    Online Articles

    Mon, 15 Dec 2014

    Preliminarily estimates by Eni on the potential of Minsala Marine discovery total 1 billion boe in place, 80% of which is oil. The company has scheduled an appraisal plan for the discovery and begun studying the commercial development of its hydrocarbons reserves

  8. Senate passes Defense bill with BLM drilling permit program provision

    Online Articles

    Mon, 15 Dec 2014

    Naatz, IPAA senior vice-president of government relations and political affairs. “In ..... greater flexibility for the federal government to respond to the changing needs ..... Macchiarola, executive vice-president of government affairs at America’s Natural Gas

  9. Cook to head DONG Energy E&P group

    Online Articles

    Mon, 15 Dec 2014

    David B. Cook has been named group executive vice-president and chief executive officer for exploration and production at DONG Energy, Fredericia, Denmark. He previously was executive officer and head of oil and gas at Abu Dhabi National Energy Co. (TAQA).

  10. Sunshine Oilsands appoints chief executive officer

    Online Articles

    Mon, 15 Dec 2014

    Sunshine Oilsands Ltd., Calgary, has appointed Luo Hong as chief executive officer and Jiang Qi as president and chief operating officer.

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