From Business Insider
Voters in McKinney, Texas, have approved the funding for a $62.8 million high-school football stadium, according to The Dallas Morning News. It will be the most expensive high-school stadium in the country.
The venue, seen in …
Nighthawk, the US focused oil development and production company (AIM: HAWK and OTCQX: NHEGY), announces an update to the water flood project approval process.
As previously announced on 8 March, 2016, the Colorado Oil and Gas …
May 10, 2016 09:00 ET
CALGARY, ALBERTA–(Marketwired – May 10, 2016) – Arsenal Energy Inc. (“Arsenal” or the “Company”) (TSX:AEI) (OTCQX:AEYIF)
Financial:
Arsenal’s Q1 2016 financial and operational results were
CALGARY, ALBERTA–(Marketwired – May 10, 2016) –
Enbridge Inc. (TSX:ENB)(NYSE:ENB) (the “Company”) today announced it has agreed to acquire a 50% interest in Éolien Maritime France SAS (“EMF”), a French offshore wind development company, for an investment of CAD$282 million …
THE WOODLANDS, TX–(Marketwired – May 10, 2016) – Earthstone Energy, Inc. (NYSE MKT: ESTE) (“Earthstone”, the “Company”, “we” or “us”), today announced financial and operating results for the three month period ended March 31, 2016.
First Quarter 2016 Highlights…
DENVER, CO–(Marketwired – May 10, 2016) – Synergy Resources Corporation (“Synergy” or the “Company”) (NYSE MKT: SYRG) announced today that it has closed its previously announced underwritten public offering of 45,000,000 shares of its common stock. The total …
From Utility Dive
French oil and gas company Total has made an offer to acquire battery company Saft.
The Saft acquisition would give Total an entry point into the fast growing market for energy storage. Saft produces devices for the …
CALGARY, ALBERTA–(Marketwired – May 10, 2016) – Enbridge Inc. (TSX:ENB) (NYSE:ENB) announced today crews have been inspecting facilities and pipelines in the Fort McMurray region. As fires retreat in some areas, Enbridge workers have been able to conduct field assessments …
From the San Diego Union Tribune
The fate of a natural gas pipeline costing well over a half-billion dollars is on the docket for the California Public Utilities Commission on Thursday.
San Diego Gas & Electric, along with Southern California …
CALGARY, ALBERTA–(Marketwired – May 10, 2016) –
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA.
Manitok Energy Inc. (the “Corporation”
DENVER, CO–(Marketwired – May 9, 2016) – Resolute Energy Corporation (NYSE: REN)
– Quarterly production averaged 9,016 Boe per day –
– Quarterly LOE of $16.70 per Boe
WAYZATA, Minn., May 9, 2016 /PRNewswire/ — Northern Oil and Gas, Inc. (NYSE MKT: NOG) today announced 2016 first quarter results, as well as a borrowing base redetermination and amendments under its revolving credit facility.
HIGHLIGHTS
From FOX News:
While the White House scrambles to contain the damage caused by one of President Obama’s closest aides — who boasted of manipulating social media, journalists and friendly interest groups to sell the Iran nuclear deal — it …
From Bloomberg
Iran says it’s almost ready to talk with other OPEC members about limiting oil production as the country’s exports recover to levels reached before international sanctions crippled crude sales. Morgan Stanley and Barclays Plc say no agreement is …
From Investors Business Daily
EOG Resources (EOG) has been injecting cheap natural gas into some of its existing wells as the shale producer looks to extract more oil at low costs amid the prolonged slump in crude markets.
The top …
From Forbes
The pace of oil patch bankruptcies is picking up. According to a new count from Houston law firm Haynes & Boone, April saw 11 bankruptcy filings, the most of any month in the past two years. The headline …
From Bloomberg:
China’s exports stabilized in April as the value of the currency decreased, while imports extended a streak of declines to 18 months.
Overseas shipments rose 4.1 percent in yuan terms from a year earlier yet fell 1.8 percent …
When politicians get called out by a flesh-and-blood voter for something damaging they said, something that was broadcast on CNN and archived on Youtube, their sudden backtracking, denials and squirming are revealing.
Clinton told a CNN panel in March: “We’re …
Oil price has been on a tear as of late with market watchers picking away at any scrap of data coming from the oil sector as to when the market will balance. WTI prices have …
From Bloomberg:
U.S. explorers aren’t the only ones idling rigs as sub-$50 crude forces oil and gas drillers in Africa to slow their search for new reserves.
The number of oil and gas rigs offshore Africa remained at 20 in …
From The Wall Street Journal:
Rosneft (ROSN.MZ), Russia’s state-owned oil company, has delivered its first ever cargo of liquefied natural gas.
Rosneft doesn’t produce its own LNG and must source volumes from other producers. The purchase was made from the …
From Bloomberg:
For LNG buyers, 2040 is beginning to feel even further away.
Just a few years ago, faced with limited supply and relentless demand growth, liquefied natural gas buyers were happy to lock in contracts that ran through nearly …
From Reuters:
As OPEC officials gathered this week to formulate a long-term strategy, few in the room expected the discussions would end without a clash. But even the most jaded delegates got more than they had bargained with.
“OPEC is …
Median Debt to EBITDA is 3.6 Times across 77 U.S. E&P Companies: EnerCom Analytics
It happened when ‘lower for longer’ went from being a popular catch phrase to bitter reality. Today, bankruptcy has become an increasingly common word across the …
HOUSTON, TX — Sanchez Production Partners LP(NYSE MKT: SPP)(“SPP” or the “Partnership”) today announced that it will host a conference call at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) on Monday, May 16, 2016 to discuss first …
CALGARY, ALBERTA–(Marketwired – May 3, 2016) – Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) is pleased to announce its financial and operating results for the three months ended March 31, 2016. Pengrowth delivered strong first quarter operating and financial results, driven by its
TULSA, Okla.–(BUSINESS WIRE)–Conexus Energy, LLC (Conexus.energy) announced today their formation and a strategic investment from Natural Gas Partners (“NGP”), through NGP Natural Resources XI, L.P., the most recent NGP private equity fund focused on natural resources. In addition to NGP, …
KANSAS CITY, Mo.–(BUSINESS WIRE)– Ultra Petroleum Corp. (“UPL”) filed on April 29th a voluntary petition to reorganize under Chapter 11. The filing includesUltra Wyoming LGS, LLC (“Ultra Wyoming”), the operator of the Pinedale Liquids Gathering System (“Pinedale LGS”) and tenant …
From BNN
National Bank to set aside $250-million for bad loans to energy sector – BNN News
National Bank of Canada said that it will set aside $250-million to cover bad loans associated with the
