Stockholders of Diamondback, Energen Approve Merger
November 27, 2018
Stockholders of Diamondback Energy, Inc. and Shareholders of Energen Corporation Approve Merger
Water Now, Inc. Announces HydraSpin USA Contracts
November 27, 2018
Water Now, Inc. Announces HydraSpin USA Contracts
Ensign Announces Successful Acquisition of 56.38 % of Trinidad Shares
November 27, 2018
Ensign Announces Successful Acquisition of 56.38 % of Trinidad Shares
U.S. LNG Poised For ‘Biggest Year Ever’ in 2019
November 27, 2018
From Forbes Next year really is: “the beginning of the boom.” The U.S. is poised to triple export capacity to around 10 Bcf/d by the end of next year, and we could be on our way to be the world’s largest exporter before 2025. And in a “second wave” of activity, federal regulators will decide the fate of an additional 13 pending
Oil Production in New Mexico’s Permian Booms as Uncertainty Surfaces
November 27, 2018
From the Albuquerque Journal New Mexico is riding another record year in oil production, fueled by an industry stampede to pump crude in the Permian Basin. Output is expected to sail past 200 million barrels by year end, up from last year’s record production of 171 million barrels, and more than twice the 85 million barrels produced in 2011. $1.2
The Key Question: How Much Longer Will OPEC+ Hold Together?
November 27, 2018
From Forbes Jason Bordoff, the Founding Director of the Center on Global Energy Policy at Columbia University, noted on Twitter early Monday morning that “Everyone who’s been writing for years that shale is the new swing supplier, this is what spare capacity looks like. Shale can’t do that. It can grow remarkably (and has) but still takes time to respond and then does
Venezuela Holds onto Prized U.S. Refineries
November 27, 2018
From the Associated Press/Brownsville Herald CARACAS, Venezuela (AP) — Venezuela will hold onto its U.S.-based Citgo refineries, settling a long-standing dispute that threw ownership of the crisis-wracked country’s prized assets into peril as its massive debt mounts. Venezuela on Friday began paying off $1.4 billion that an arbitration panel said was owed to the Canadian mining firm Crystallex, following a
Precision Drilling Seeks $20 Million Termination Fee from Trinidad Drilling
November 27, 2018
Precision Drilling Terminates Arrangement Agreement With Trinidad Drilling Requiring Payment of Termination Fee Following Ensign Take-Up
Oil Prices Fall toward 2018 Lows ahead of G-20, OPEC Meetings
November 27, 2018
China-U.S. trade war set to dominate G-20 gathering. Oil prices have lost almost a third of their value since early October, weighed down by an emerging supply overhang. From CNBC Oil prices turned firmly lower during midday trading on Tuesday. Crude futures were little changed earlier in the session, depressed by a report of record Saudi production but supported by
Bellatrix Makes Asset Acquisition
November 27, 2018
Calgary’s Bellatrix Exploration Ltd. (stock ticker:BXE) has reported its plans to acquire complementary assets within its core Ferrier area of west central Alberta.
The company plans to acquire the assets from POSCO Daewoo E&P Canada Corporation for total consideration of approximately $9.5 million. Bellatrix also updated its commodity risk management contracts.
Portland General Electric board of directors adds tech industry veteran
November 27, 2018
Portland General Electric board of directors adds tech industry veteran
NV Energy Delivers Reliable Power Distribution with Sensus
November 27, 2018
NV Energy Delivers Reliable Power Distribution with Sensus
