Saturday, August 29, 2026
DNB Sees Bullish Signals in the Shale Patch - Oil & Gas 360

Prince Rupert Gas Announces Agreement with First Nation Group

Prince Rupert Gas Transmission Announces Project Agreement with Kitselas First Nation TransCanada (TSX:TRP) (NYSE:TRP) – Prince Rupert Gas Transmission Ltd. (PRGT) has confirmed a Project Agreement with the Kitselas First Nation of northern B.C. that provides the Kitselas First Nation with financial and other benefits related to the pipeline project. Specifically, the Project Agreement provides annual legacy payments for the

MCW Energy Group Starts Utah Oilsands Production

MCW Energy Group Rolls Into Production Mode at Its Utah Oil Sands Extraction Plant; Shows Technology’s Efficiencies to Group of Merchant Bankers & Investors MCW Energy Group Limited, (“MCW”), (TSX VENTURE: MCW) (OTCQX: MCWEF), a Canadian holding company involved in the creation of oil sands extraction technologies, through MCW Oil Sands Recovery, LLC, (“MCW Oil Sands”) today announced further progress

Alvopetro Operational Update, Capital Plan, 2014 Financial Results

Alvopetro Announces Operational Update, Updated 2015 Capital Plan, Year-End 2014 Financial Results and Filing of Annual Information Form Alvopetro Energy Ltd. (TSX VENTURE:ALV) is pleased to provide an operational update, our updated 2015 capital plan, announce our fourth quarter 2014 and year-end 2014 financial results and the filing of our annual information form. Operational Update We recently tested the first

PRD Energy Operational Update

PRD Energy Announces Operational Update PRD Energy Inc. (“PRD” or the “Company“) (TSX VENTURE:PRD) announces filing of its financial statements as at and for the year ended December 31, 2014, and provides an operational update on activities to date as well as an outlook for the remainder of 2015. The Company’s year end filings including; consolidated financial statements and management’s

Canada’s Cenovus hires bankers to explore sale/IPO of some assets

Story by Reuters Cenovus Energy Inc, Canada’s second-largest independent oil producer, has hired bankers to explore a sale or initial public offering of its royalty lands in Western Canada, a company spokesman told Reuters. Cenovus has hired Toronto-Dominion Bank to advise on the process, spokesman Brett Harris said. The royalty lands could fetch between C$1.5 billion to C$2 billion, according

StonePoint Energy Announces Year End Results

StonePoint Energy Inc. Announces Year End Financial and Operating Results and Activity Update StonePoint Energy Inc. (TSX VENTURE:STO) (“StonePoint” or the “Company“) is pleased to announce it has filed on SEDAR its audited financial statements and related management’s discussion and analysis (“MD&A”) for the year ended December 31, 2014 as well as its Annual Information Form (“AIF”). The financial statements,

Halliburton’s Asset Sales Attracting Caterpillar to GE

Story by Bloomberg The largest industrial companies in the world, from Caterpillar Inc. to Honeywell International Inc., are about to get a rare chance to go big on oil. They’re among more than half a dozen manufacturers — including Siemens AG, Dover Corp., and General Electric Co. — that are weighing offers for oilfield-services assets worth $5 billion to $10

downstream

India Seeks to Expand Energy Relationships

India is prioritizing new energy supply India’s economy has been booming, but the country has struggled to meet growing energy demand. India suffers from chronic energy shortages, with nearly half of all homes receiving no power as many as 12 hours a day, according to The Guardian. Over the past week, several reports have come out that India is looking

Cabot Oil & Gas Corporation Declares Dividend

Cabot Oil & Gas Corporation (COG) today announced that its Board of Directors declared a regular dividend of two cents ($0.02) per share on the Company’s common stock. The dividend will be paid May 21, 2015 to all shareholders of record as of the close of business May 7, 2015. Cabot Oil & Gas Corporation, headquartered in Houston, Texas, is

ATB Financial Sees Difficult Path Ahead for Alberta

New projections for Alberta look dim, but are a normal part of the cycle ATB Financial, the largest Alberta-based financial institution, released its quarterly projections for the province, with a somewhat pessimistic outlook. The Alberta Economic Outlook predicts a continued slide in consumer and business optimism. This combined with low oil prices is expected to have negative impacts on the

MarkWest Energy Partners Increases Quarterly Cash Distribution

MarkWest Energy Partners, L.P. (MWE) today announced that the Board of Directors of the General Partner of MarkWest Energy Partners, L.P., declared a cash distribution of $0.91 per common unit for the first quarter of 2015, for an implied annual rate of $3.64 per common unit. The first quarter 2015 distribution represents an increase of $0.04 per common unit, or

WFT Exec: Half of U.S. Fracking Companies Will Be Dead or Sold This Year

Story by Bloomberg Half of the 41 fracking companies operating in the U.S. will be dead or sold by year-end because of slashed spending by oil companies, an executive with Weatherford International Plc said. There could be about 20 companies left that provide hydraulic fracturing services, Rob Fulks, pressure pumping marketing director at Weatherford, said in an interview Wednesday at