“[ISIS] presents a whole new reality for the region, which just isn’t reflected in the oil market at the moment,” said Daniel Yergin, Vice Chairman of IHS, in an interview with The Telegram. “It’s an increasingly grave situation for most of OPEC and the Middle East. At some point the security issues will start to come back into the price
Canadian Natural Resources Limited (CNQ) (CNQ) (“Canadian Natural” or the “Company”) announces that on June 3, 2015 it priced C$500 million principal amount of notes through the reopening of its 2.89% medium-term notes, series 2, due August 14, 2020 sold at a price of C$101.932 per $100 principal amount to yield 2.49% to maturity, which have been sold to investors
Canadian Natural Resources Limited Prices C$500 Million in 5 Year Notes Canadian Natural Resources Limited (CNQ) (CNQ) (“Canadian Natural” or the “Company”) announces that on June 3, 2015 it priced C$500 million principal amount of notes through the reopening of its 2.89% medium-term notes, series 2, due August 14, 2020 sold at a price of C$101.932 per $100 principal amount
RMP Energy Provides Bank Credit Facility Update RMP Energy Inc. (“RMP” or the “Company“) (RMP.TO) is pleased to announce today that its bank syndicate group (the “Lenders“), in accordance with the annual redetermination process, has reaffirmed the existing $175 million conforming borrowing base under RMP’s revolving credit facility. The bank credit facility represents the maximum amount that can be borrowed
BlackPearl Provides Corporate Update and Announces Renewal of Its Credit Facilities BlackPearl Resources Inc. (“BlackPearl” or the “Company”) (PXX.TO)(OMX:PXXS) is pleased to announce the renewal of its credit facilities and provide an update of its current operations. Corporate Update The Company is pleased to announce that it has commenced steam injection at its 6,000 barrel per day thermal EOR project
Story by the Chicago Tribune What wine pairs best with a quesarito? You’ll be able to find out for yourself this summer. Taco Bell has confirmed earlier reports that the soon-to-open Wicker Park location, at 1439 N. Milwaukee Ave., will serve beer, wine and boozy “freezes,” according to a spokesperson for the brand. Don’t get any ideas about to-go cups,
Anadarko Announces Public Offering of 6,500,000 WGP-Linked Tangible Equity Units, and Public Secondary Offering of 2,000,000 of its WGP Common Units Anadarko Petroleum Corporation (APC) today announced the registered underwritten public offering (the TEU offering) of 6,500,000 tangible equity units (TEUs), with a stated amount per TEU of $50, and the concurrent registered public offering (the WGP secondary offering) of
A non-binding memorandum of understanding was signed today between Sempra LNG, a unit of Sempra Energy (ticker: SRE), and Woodside Petroleum (ticker: ASX:WPL) to discuss and asses the possibility of developing Sempra’s proposed Port Arthur liquefaction project, according to a press release. The proposed project would be located at a site previously permitted for an LNG regasification terminal and would be
Rosneft alone contributes about 25% of the country’s total tax revenue; commodities price cut taking its toll Russian state-owned oil giant Rosneft (ticker: RNFTF) was denied aid by the Russian Finance Ministry, according to reports from Russian news source Vedomosti. The $25 billion aid package was approved by the Economic Development Ministry, but then rejected after being sent to the
ONGC expected to lead gas production growth India’s oil ministry announced that it expects natural gas output to rise by 50% to 146.87 million cubic meters per day (MMcm/d) by 2018-2019. A large portion of this new production is expected to come from state-owned Oil and Natural Gas Corp. (ONGC) fields, reports Times of India. In its annual report, India’s
Anadarko Petroleum Corporation (APC) today announced the registered underwritten public offering (the TEU offering) of 6,500,000 tangible equity units (TEUs), with a stated amount per TEU of $50, and the concurrent registered public offering (the WGP secondary offering) of 2,000,000 common units representing limited partner interests in Western Gas Equity Partners, LP (WGP). WGP is a subsidiary of Anadarko formed
Whiting Petroleum Corporation (WLL) today announced that it has commenced an offer to exchange all of its outstanding, unregistered 6.25% Senior Notes due 2023 (the “Original Notes”) for new, registered 6.25% Senior Notes due 2023 (the “New Notes”). The terms of the New Notes to be issued in the exchange offer are substantially identical to those of the Original Notes,
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