Story by MSNBC The House of Representatives voted Wednesday to end the National Security Agency’s bulk collection of cell phone data from the American public. The USA Freedom Act passed overwhelmingly in a 338-88 vote. The bill would replace the current program with one that would search phone record on a case-by-case basis instead of in bulk, according to NBC
Story by The New York Times A small aboriginal community in British Columbia has rejected a $1 billion payment for a natural gas project, the latest setback for the Canadian energy industry’s effort to bolster exports. A group led by the Malaysian energy company Petronas had offered the money to the Lax Kw’alaams Band, to help push through a plan
In a move designed to simplify the corporate structure, streamline governance and position itself for investment-grade ratings, Williams (ticker: WMB) is merging with its limited partnership subsidiary in an all stock-for-unit transaction. The merger is valued at $13.8 billion and is expected to close in the fall of 2015. Williams owns 60% of its subsidiary, Williams Partners (ticker: WPZ), and
Memorial Lowers LOE, Raises Production in Q1 Memorial Production Partners (ticker: MEMP) announced its first quarter results last week, highlighting increases in production and Adjusted EBITDA while simultaneously lowering lease operating expenses (LOE) compared to the first quarter 2014. “Despite severely reduced commodity prices throughout the quarter, MEMP had several positives,” said John Weinzierl, Chairman and CEO of Memorial. “Production
Staying focused on what is within the company’s control Low oil prices are out the control of individual E&P companies, and every single producer has felt the pain from the 40% commodity price haircut stemming from OPEC’s decision last November to maintain production levels. Resolute Energy (ticker: REN) is focusing on the costs they can control in its oil-weighted asset
Chief Executive Magazine Canvased CEOs across the U.S. to Create its 11th Annual Ranking Texas came in at the top of the list of “Best States for Business,” retaining its 2014 title. At the bottom in the eyes of CEOs is California, also retaining its 2014 spot. CEOs were asked to rank states they were familiar with on three categories:
Cheniere Energy, Inc. (“Cheniere”) (NYSE MKT: LNG) announced today that its Board of Directors has made a positive Final Investment Decision (“FID”) with respect to its liquefaction project near Corpus Christi, Texas (the “CCL Project”) and has issued a notice to proceed (“NTP”) to Bechtel Oil, Gas and Chemicals, Inc. (“Bechtel”) to construct the first two natural gas liquefaction trains.
https://www.oilandgas360.com/wp-content/uploads/2015/05/051315PRENG_FoxBus-web1.mp4 Preng & Associates President David Preng appeared on Fox Business News’ Opening Bell to discuss unintended consequences of the so-called U.S./OPEC market share battle, and how current management teams and boards are managing through the current commodity cycle. … Username or E-mail Password Remember Me Forgot Password
Pengrowth Energy Corporation Files Preliminary Base Shelf Prospectus Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) today announced it has filed a preliminary short form base shelf prospectus with the securities regulators in each of the Provinces of Canada and a corresponding registration statement with the United States Securities and Exchange Commission. The prospectus will allow Pengrowth to offer and issue common shares, subscription
Baytex Reports Election of Directors Baytex Energy Corp. (TSX:BTE)(NYSE:BTE) reports that the nominees listed in its Information Circular-Proxy Statement for the 2015 Annual Meeting of Shareholders were elected as directors. Detailed results of the vote for the election of directors held at the Annual Meeting held earlier today are set out below. Name of Nominee Votes For Votes Withheld #
Peyto Exploration & Development Corp. Announces Results of Directors Vote Peyto Exploration & Development Corp. (TSX:PEY) (“Peyto”) is pleased to announce that the nominees listed in the management proxy circular dated March 23, 2015 were elected as directors of Peyto at Peyto’s annual meeting held May 12, 2015. The detailed results of the vote for the election of directors held
Rock Energy Inc. Reports Q1 2015 Results and Plans Capital Spending Increase in the Second Half of the Year Rock Energy Inc. (TSX:RE) (“Rock” or the “Company”) is pleased to report its financial and operating results for three months ended March 31, 2015. Copies of Rock’s audited financial statements and related management’s discussion and analysis for the three months ended
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