October 21, 2015

From Bloomberg BP Plc agreed to supply liquefied natural gas to China Huadian Corp. in a deal worth as much as $10 billion over two decades. The London-based company will supply as much as 1 million metric tons of LNG annually to the Beijing-based company that operates power stations, according to an e-mailed statement. BP and China National Petroleum Corp., the

HOUSTON, Oct. 21, 2015 (GLOBE NEWSWIRE) — LINN Energy, LLC (LINE) (“LINN” or the “Company”) announced today that it has completed its Fall 2015 borrowing base redetermination and entered into key amendments which provide additional flexibility in the current market environment.  Following the redetermination, LINN’s maximum borrowing availability under its credit facility has been reduced to $3.6 billion and the

From ABC Tulsa OKLAHOMA CITY Oklahoma’s jobless rate dipped from 4.6% to 4.4% in September, according to the Oklahoma Employment Security Commission. The numbers break a 7-month streak of increases, heavily blamed on the oil and gas industry’s economic troubles. The numbers break down to 80,920 people out of work compared to 83,917 in September. Oklahoma’s labor force shrank by

From Reuters PARIS (Reuters) – Total’s <TOTF.PA> boss is known as a fixer; a straight-talking cost cutter who has emerged as the right person to steer the French oil and gas company through one of the industry’s worst downturns in decades. The 52-year-old Patrick Pouyanne could not be more different from his predecessor, the flamboyant Christophe de Margerie, who died last