Two large-scale liquefied natural gas (LNG) projects on North America’s west coast took another step forward in their development on June 1, 2015. The Alaska LNG Project was granted approval by the United States Department of Energy to export LNG to non-Free Trade Agreement countries, while the Prince Rupert Gas Transmission project in British Columbia reached agreements with several First
University of Colorado President Bruce Benson Bruce Benson has served as the President of the University of Colorado (CU) for the past 7 years, making him the longest-serving CU president in more than half a century. During his time at the helm of one of the nation’s top-tier universities, CU’s research funding has reached record levels, supporting the university’s research
Tourmaline Oil Provides Operations and Financial Update in Advance of June 3, 2015 Annual Meeting Tourmaline Oil Corp. (TOU.TO) (“Tourmaline” or the “Company”) is pleased to provide an operational and financial update. EP PROGRAM UPDATE Tourmaline currently has six rigs active post-break-up and plans to activate the remaining 10 rigs in early July. Continued optimization of recently expanded facilities has
Bonterra Energy Corp. Confirms Cash Dividend for May 2015 Payable June 30, 2015 Bonterra Energy Corp. (www.bonterraenergy.com) (BNE.TO) announces that the May 2015 monthly cash dividend will be $0.15 per share and will be paid on June 30, 2015. The record date for the dividend is June 15, 2015 and the ex-dividend date is June 11, 2015. The dividend is
Long Run Exploration Ltd. Announces Amendments to Bank Credit Facilities Long Run Exploration Ltd. (“Long Run” or the “Company”) (LRE.TO) announces amendments to our bank credit facilities. Long Run has completed the semi-annual review of our credit facilities with our bank syndicate and maintained our total credit facilities at $695 million. The credit facilities consist of a $410 million revolving
Bolt-on acquisition extends Enterprise’s infrastructure into the Eagle Ford Enterprise Product Partners (ticker: EPD) announced today that it agreed to purchase all member interest in EFS Midstream LLC from affiliates of Pioneer Natural Resources (ticker: PXD) and Reliance Industries (ticker: RIL) for $2.15 billion. The purchase price will be paid in two installments with the first payment of $1.15 billion
Euro outflows look likely Greece missed its self-imposed Sunday deadline for reaching an agreement with its lenders for aid, putting pressure on the Euro. The missed deadline led to renewed fears in the market that Greece might default on its debt, or exit the euro zone, reports Reuters. Greece faces a payment to the International Monetary Fund (IMF) on Friday
Story by Reuters Intel Corp agreed to buy Altera Corp for $16.7 billion as the world’s biggest chipmaker seeks to make up for slowing demand from the PC industry by expanding its line-up of higher-margin chips used in data centers. By combining with Altera, Intel will be able to bundle its processing chips with the smaller company’s programmable chips, which
Apache Corporation (NYSE, Nasdaq: APA) today announced a reorganization of the company’s operating regions and key leadership changes. “Today’s announcement marks the formation of our operational leadership team and a reorganization that will position Apache for continued success. These changes represent a significant step toward streamlining our operations in a way that will greatly enhance our ability to maximize recovery
Story by Reuters Brazil’s embattled state-run oil company Petrobras is looking to sell a rare 100-year bond on Monday, the company’s first foray in the international debt capital markets since a wide-ranging corruption scandal. The company, rated Ba2/BBB-/BBB-, has set initial price thoughts of 8.85% area for the US dollar-denominated SEC-registered bond issue, expected to price at a steep discount
OGE Energy Corp. (OGE) Chairman and CEO Pete Delaney announced today that he has stepped down from the CEO position to become the interim CEO of Enable Midstream Partners in Oklahoma City. The OGE Energy Board of Directors has named OGE Energy President Sean Trauschke CEO. At the annual OGE Energy Shareholders meeting on May 14, 2015, Delaney announced his
RANGE RESOURCES CORPORATION (NYSE:RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock for the second quarter. A dividend of $0.04 per common share is payable on June 30, 2015 to stockholders of record at the close of business on June 16, 2015. RANGE RESOURCES CORPORATION (NYSE:RRC) is a leading independent oil and natural
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