Russian ambassador in Denver to increase understanding between the U.S. and Russia At a private event in Denver on Tuesday, Sergey Kislyak, Russia’s ambassador to the United States, expressed his hopes that tensions that have existed between the U.S. and Russia since the Cold War might one day be ended in earnest. U.S.-Russian relations are at a low-point currently, the
Reports Quarterly Records for Upstream and Midstream Segments Magnum Hunter Resources (ticker: MHR), a Houston-based E&P with operations focused largely on the Appalachia region, reported new quarterly records for production and throughput volumes in a press release on April 15, 2015. The company says the production increase was “attributable primarily to the Company’s expanded 2014 drilling program in its core
An OAG360® Exclusive: Interview with John Hickenlooper, Governor of Colorado Listen to the interview Colorado enjoys robust energy development as an integral piece of its economy. It’s the seventh most productive oil state, sixth in natural gas production and it’s eleventh in the U.S. for coal production. According to the Business Research Division of the Leeds School of Business at
Story by The New York Times Fukui Prefecture, with 13 commercial nuclear reactors clustered along a short, rugged coastline, has earned the area a reputation as a political stronghold for the atomic power industry. Nuclear-friendly politicians dominate most of Fukui’s government offices, and the region is nicknamed Genpatsu Ginza, or Nuclear Alley. Fukui has now emerged as a battleground for
Shell/BG will not be the harbinger of more LNG M&A The recent proposed $70 billion purchase of BG Group (ticker: BG) by Royal Dutch Shell (ticker: RDSA) will make the industry’s liquefied natural gas giant even bigger. Shell already had liquefaction capacity of 26 million tons per annum (mtpa) at year-end 2014, according to a report from Pavel Molchanov at
Crescent Point Energy Corp. (“Crescent Point” or the “Company”) (CPG) (CPG) confirms that the dividend to be paid on May 15, 2015, in respect of April 2015 production, for shareholders of record on April 30, 2015, will be CDN$0.23 per share. These dividends are designated as “eligible dividends” for Canadian income tax purposes. For U.S. income tax purposes, Crescent Point’s
Story by Bloomberg Anadarko Petroleum Corp. may soon close sales accords enabling it to this year authorize a Mozambican project that has the potential to make the nation a top-three liquefied natural gas exporter, a company official said. Anadarko may close the supply deals “in the coming months,” John Peffer, Mozambique country manager for the Woodlands, Texas-based company, said at
Story by The Wall Street Journal Brazil’s federal police arrested João Vaccari Neto, the treasurer of Brazil’s ruling Workers’ Party, or PT, as part of an investigation of alleged corruption involving contracts between state-run oil firm Petroleo Brasileiro SA and construction firms. Mr. Vaccari is accused of receiving “irregular donations” from companies for the party, according to a federal police
Story by Reuters More than a dozen states and a coal company will urge a U.S. appeals court on Thursday to throw out the Environmental Protection Agency’s proposal to limit carbon dioxide emissions from U.S. power plants. The rules are still in draft form, but the U.S. Court of Appeals for the District of Columbia will hear oral arguments in
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