Sounds like oil could fuel growth here for another generation
From D Magazine
The oil slump has been hard on the Texas economy, slowing our vaunted jobs machine and pinching state revenue headed into next year’s legislative session. But there’s …
From CT News
Connecticut is shelving plans to increase natural gas capacity for power plants but officials insisted last week that doesn’t mean they are any less committed to converting more consumers to natural gas.
“We are moving forward with …
From The Toronto Star
First Nations chiefs call on Justin Trudeau to back up support of indigenous issues by denouncing the Dakota Access pipeline
First Nations chiefs are testing Prime Minister Justin Trudeau’s commitment to his relationship with indigenous people …
In BP’s (ticker: BP) 3Q earnings call, CFO Brian Gilvary saw progress towards market rebalancing, echoing CEO Bob Dudley’s comments earlier this month at the World Energy …
Royal Dutch Shell (ticker: RDSA) reported a larger profit than any of the other international oil majors to …
Anadarko Petroleum Company (ticker: APC) announced its third-quarter results today, placing an emphasis on investing in assets the company feels offer it the best returns: the Delaware …
Strategic Oil & Gas Ltd. (ticker: SOG) has drilled its first four-well pad in the development corridor at West Marlowe in northern Alberta. Strategic reported that its recent Muskeg horizontal well, 2-13, …
Nighthawk Energy (ticker: HAWK, NHEGY) announced today that its Arikaree Creek water flood pilot project is expected to be pushed back until mid-November 2016, from Oct. 2016.
On 28 October 2016, the company performed a mechanical integrity test on the …
PetroQuest Energy, Inc. (ticker: PQ) announced a loss available to common stockholders for the quarter ended September 30, 2016 of $23,306,000, or $1.31 per share, compared to third quarter 2015 loss available to common stockholders of $51,910,000, or $3.19 per …
From the Wall Street Journal
Federal Reserve officials are likely to leave short-term interest rates unchanged when they meet Tuesday and Wednesday, just a week before the U.S. presidential election, and indicate they remain on track to raise them in …
Yuma Energy, Inc. Provides Information Regarding its Recently Completed Merger with Davis Petroleum Acquisition Corp. and its 1-For-20 Reverse Stock Split
HOUSTON, TX / ACCESSWIRE / November 1, 2016 / Yuma Energy, Inc. (NYSE MKT: YUMA) (“Yuma”) announced today that …
From Bloomberg
Deal creates stronger competitor for business telecom services
CenturyLink would also benefit from Level 3 tax credits
CenturyLink Inc. agreed to buy Level 3 Communications Inc. for about $34 billion in cash and stock, creating a more formidable …
From CNBC
Baker Hughes CEO Martin Craighead on Monday offered CNBC an explanation for why his company’s stock sank that morning when the oilfield services company announced it would merge with General Electric‘s oil and gas business: The deal …
From LNG World News
Chevron and its partners in the Wheatstone LNG project, including Australia’s Woodside, will have to splash more cash for the LNG project west of Onslow after the US energy giant announced a US$5 billion cost blowout.…
Baker Hughes (ticker: BHI) will merge with GE’s (ticker: GE) oil and gas segment, forming a new company called Baker Hughes, A GE Company, with $32 billion …
Oil prices dropped Monday as markets continue to lose faith that OPEC will be able to reach a production agreement by the end of November.
A meeting this weekend …
Calgary-based Manitok Energy (ticker: MEI) announced today that the company closed its previously announced acquisition of certain assets of a private Alberta-based oil and gas company.
Manitok believes the assets will produce an …
Samson Oil & Gas Limited (ticker: SSN) has sold its interest in the North Stockyard field for $15 million. The transaction closed on Friday after Samson received the balance of $13.95 million of the purchase price.
In an announcement Samson …
The Canadian government on Monday approved the C$1.3 billion ($968.78 million) expansion of a natural gas gathering pipeline in western Canada belonging to a wholly owned subsidiary of TransCanada Corp TRP.TO, with 36 conditions attached.
The …
Dominion Midstream Partners, LP (ticker: DM), and Dominion …
HollyFrontier Corporation (ticker: HFC) today announced it has entered into a definitive agreement to acquire Suncor Energy’s Petro-Canada Lubricants business for CAD $1.125 billion (or approximately $845 million based on …
Nabors Industries Ltd. (ticker: NBR) today announced the signing of an agreement to form a new Joint Venture in the Kingdom of Saudi Arabia …
From the Philadelphia Business Journal
Mike Pedersen will retire as CEO of TD Bank, the U.S. banking arm of TD Bank Group, one of the top 10 largest U.S. banks by deposits.
Effective June 1, 2017, Pedersen, 56, will be …
From The Gazette
CEDAR RAPIDS — South of Alliant Energy’s Prairie Creek Generation Station on the city’s southwest side sits a mound of coal — enough to supply the …
“It’s probably going to be a rough patch for the industry and the producing states for a while—till oil prices firm up. But I think we’ve hit bottom and we are …
The world’s largest publicly-traded oil company gave its 3Q 2016 earnings call this morning. Jeff Woodbury, Vice President of Investor Relations, was on the call while CEO Rex Tillerson was …
French oil major Total (ticker: TOT) reported its third quarter earnings today. The company has continued to send the same message every quarter, focusing on increasing production and declining …
The total number of rigs drilling in the United States continued to climb last week according to information released by Baker Hughes Industries (ticker: BHI). There were 557 active …
China’s largest crude oil and natural gas producer, PetroChina (ticker: PTR), released its third-quarter results today, reporting substantially lower income amid the global crude oil glut. Net income during the …
Mexican state-owned oil major PEMEX reported its third quarter earnings Friday, showing a smaller net loss this quarter than last year. The company’s net income loss for the quarter …
