Monday, July 14, 2025

Teekay LNG-Samsung-GIC Sign LNG Import Terminal Project in Bahrain

The first in the Middle East on a PPP basis HAMILTON, BERMUDA–(Marketwired – Dec. 2, 2015) – A consortium composed of Teekay LNG Partners L.P. (Teekay LNG) (NYSE:TGP), Samsung C&T (Samsung) and Gulf Investment Corporation (GIC) executed today with the Government of the Kingdom of Bahrain the project agreements for the development of an LNG receiving and regasification terminal in

Impeachment proceedings opened against Brazil’s Rousseff

From the Associated Press Impeachment proceedings were opened Wednesday against Brazilian President Dilma Rousseff by the speaker of the lower house of Congress, a sworn enemy of the beleaguered leader. A special commission in which all political parties are represented must now weigh the decision of speaker Eduardo Cunha to open proceedings against Rousseff based on accusations her government broke

Athabasca Oil Corporation Announces its 2016 Capital Budget

Athabasca Oil Corporation (ATH.TO) (“Athabasca” or “the Company”) is pleased to announce that its Board of Directors has approved a 2016 capital budget of $91 million. This budget is closely aligned with Athabasca’s key strategic priorities which include preserving a strong balance sheet to manage through economic cycles, demonstrating execution excellence in both core Light Oil and Hangingstone assets and

Earthstone Energy, Inc. Announces Reaffirmation of its Borrowing Base at $80 Million

Earthstone Energy, Inc. (NYSE MKT: ESTE) (“Earthstone”), today announced that, as a result of its lenders’ semiannual review, the borrowing base under its revolving credit facility has been reaffirmed at $80.0 million. Utilization currently includes $11.2 million of indebtedness and $0.3 million of letters of credit. The facility matures on December 19, 2018. Frank A. Lodzinski, President and Chief Executive

Shell-BG Recommended Combination Receives Final Australian Regulatory Clearance

Royal Dutch Shell plc (“Shell”) (RDS-A) (RDS-B) today announced that its recommended combination with BG Group plc (“BG”) has received approval from the Australian Foreign Investment Review Board (FIRB). Shell will commit to undertake a cooperative compliance approach to taxation arrangements for QGC, in line with our preferred approach elsewhere. QGC is a wholly-owned subsidiary of BG. Today’s approval by

Murphy Oil Corporation Updates Gulf of Mexico Drilling Results

Murphy Oil Corporation (MUR) today announced the non-operated Solomon exploration well in Walker Ridge Block 225 in the Gulf of Mexico reached the targeted lower tertiary Wilcox at a total depth of approximately 34,600 feet. The well is being plugged and abandoned with no further activity planned. Murphy holds a 20 percent interest in the well which is operated by

Enbridge Announces 14 Percent Quarterly Dividend Increase in 2016

Enbridge Inc. (“Enbridge” or “the Company”) (ENB) (ENB) today announced that its Board of Directors has declared a quarterly dividend of $0.53 per common share, payable on March 1, 2016 to shareholders of record on February 16, 2016. The dividend reflects a 14 percent increase from the prior quarterly rate, marking the twenty-first consecutive year of increased dividends for the