Meritage Midstream Services announced that its Canadian affiliate, Meritage Midstream Services III, has entered into a definitive agreement with Canadian International Oil Corporation (CIOC) to build natural …
ExxonMobil (ticker: XOM) announced that it has acquired 48,000 acres in the core of the Midland Basin through the execution of two agreements. The agreements include an acquisition and farm-in adjoining XOM subsidiary …
Even OPEC has been feeling the pressure of low oil prices brought on by the decision to maintain production in November of last year. The organization released its monthly Oil Market Report (OMR) for …
A Denver native, Chris Zanon comes to Fortis with over 20 years of sales experience in the Oil and Gas business. Chris Zanon holds a Bachelor’s of Science from Colorado State University andmost recently …
China’s Ministry of Commerce announced today that it will grant licenses to two independent refineries to directly import crude oil as the country works to allow more room for independent players in …
Overall, WTI has declined roughly 25% just from the end of June, when prices were hovering around $60. The uneasiness plaguing the oil and gas sector have been …
Story by The Wall Street Journal
A group of companies that say they are owed millions from Miller Energy Resources Inc.’s Alaska subsidiary is trying to push the unit into bankruptcy after a securities regulator charged the company with accounting …
Kinder Morgan, Inc. (NYSE: KMI) today announced it is expanding its growing fleet of Jones Act product tankers and has signed a definitive agreement valued at an all-in price of $568 million with Philly Tankers LLC to take assignment …
Story by The New York Times
Google was born as a company that did Internet search. Over time, it has broadened its interests into everything from drones to pharmaceuticals to venture capital.
Now Google is changing its corporate structure to …
Story by the Los Angeles Times
Los Angeles is close to reaching an agreement with the U.S. Olympic Committee to be America’s candidate for the 2024 Summer Games, pledging to host the event at a projected cost of approximately $4 …
With just two exceptions, every major play tracked in the Energy Information Administration’s (EIA) Drilling Productivity Report (DPR) for August is showing lower month-over-month production, but the EIA anticipates greater production …
Resolute Energy Corporation Announces Results for the Quarter Ended June 30, 2015
…Lonestar Resources, Ltd. To Present at ENERCOM Denver
…Atlas Energy Group, LLC (ATLS) (“Atlas Energy” or “ATLS”) announces today that it has entered into an agreement for a new term loan facility maturing in August 2020. The new facility will refinance Atlas Energy’s existing term loan …
Story by Reuters
Ultrapar Participações SA , which owns Brazil’s largest natural gas distribution company, is interested in acquiring some assets from state-controlled Petróleo Brasileiro SA that could be listed as early as this year, O Estado de S. Paulo …
PDC Energy Reports 2015 Second Quarter Operating and Financial Results and Updates 2015 Guidance; Increases 2015 Production Range to 14.7 to 15.0 Million Barrels of Oil Equivalent
…Sanchez Energy Announces Second Quarter 2015 Operating and Financial Results; Record Production and Operating Efficiencies Result in Lower Capital Spending
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The U.S. expanded its sanctions against Russia today, announcing that it would be adding the Yuzhno-Kirinskoye Field in the Sea of Okhotsk, to the Entity List maintatined in the Export Administration …
SEC NEWS RELEASE
The Securities and Exchange Commission today announced charges alleging that Miller Energy Resources Inc., its former chief financial officer, and its current chief operating officer inflated values of oil and gas properties, resulting in fraudulent financial reports …
(NOTE: Part One of this two-part analysis was published yesterday and can be accessed here.)
Iran is the loudest blender of the oil market margarita.
The EU …
Story by the Canadian Press
A natural gas pipeline that extends from northeastern British Columbia to the Chicago area has been shut while its operator disposes of dangerous hydrogen sulphide gas that got into the system.
Alliance Pipeline said it …
The Mexican government announced that the second round of offshore bids to be held in 77 years in the Gulf of Mexico will be different of those in the first …
Senator Chuck Schumer (D-NY), the most influential Jewish voice in Congress, announced Thursday that he would oppose the Iran nuclear deal. Schumer is the ranking member on the Committee on Rules and Administration, …
Story by the Associated Press
U.S. consumer borrowing hit another record in June, good news for the American economy.
Americans piled on another $20.7 billion in debt in June, bringing total consumer borrowing to a record $3.42 trillion, the Federal …
TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) today announced that the Grand Rapids Pipeline Limited Partnership (Grand Rapids) has entered into an agreement to contribute the southernmost portion …
TASS News Release
United States extended its sanctions against the Russian economy to Yuzhno-Kirinskoe oil and gas field in the Sea of Okhotsk. According to the notice published on Friday in the Federal Register by the US Industry and Security …
Xtreme Drilling and Coil Services Corp. (“Xtreme”, the “Company”) (TSX:XDC)announce second quarter 2015 financial and operating results. It is anticipated that filing will take place on SEDAR of …
Crew Energy Inc. (TSX:CR) of Calgary, Alberta (“Crew” or the “Company”) is pleased to announce our operating and financial results for the three and six month period ended June …
Magnum Hunter Resources Corporation (NYSE: MHR) (NYSE MKT: MHR.PRC) (NYSE MKT: MHR.PRD) (NYSE MKT: MHR.PRE) (the “Company” or “Magnum Hunter”) announced today that the Board of Directors has appointed Keith Yankowsky as Executive Vice President and Chief Operating Officer effective …
Southcross Energy Partners, L.P. (SXE) (“Southcross” or the “Partnership”) today announced second quarter 2015 financial and operating results.
Highlights
