Marquee Energy’s CEO, Richard Thompson, speaks with Oil & Gas 360® in an exclusive video interview at EnerCom’s The Oil & Gas Conference® 20. Marquee Energy – The Oil & Gas Conference® 20 Webcast … Username or E-mail Password Remember Me Forgot Password
Creation of new, U.S.-leading electric and natural gas utility with approximately nine million utility customers in nine states AGL Resources shareholders to receive $66 per share, a premium of 36 percent Transaction expected to be accretive to Southern Company earnings per share in first year Southern Company (NYSE:SO) and AGL Resources (NYSE: GAS) announced that the boards of directors of
Clayton Williams Energy’s President, Mel Riggs, spoke with Oil & Gas 360® in an exclusive video interview at EnerCom’s The Oil & Gas Conference® 20. …
Concerns in China push global markets down China’s Shanghai Composite index saw the single largest one-day percentage loss since 2007 earlier today, shedding 8.5% of its value. Even as Chinese authorities allowed pension funds managed by local governments to invest in the stock market for the first time, potentially channeling hundreds of billions of yuan into the country’s market, concerns
LNG: Energy CEOs talk about exporting U.S. shale gas to Europe, Asia “We are changing the way the global natural gas markets are going to function”—Charif Souki, Cheniere Energy CEO The exportation of liquefied natural gas (LNG) and crude oil from the U.S. were hot topics at EnerCom’s The Oil & Gas Conference® 20. Marcellus producer Range Resources is well
Baytex Energy Corp. (“Baytex”) (BTE)(BTE) announces updated guidance for 2015 and enhanced sustainability through a reduced capital program and suspension of the monthly dividend. “It is imperative that we position our company to withstand the current low commodity price environment. We are committed to taking the difficult but necessary steps to ensure the long-term sustainability of our business. We are
Plains All American Pipeline, L.P. (NYSE: PAA) today announced that it has completed an underwritten public offering of $1.0 billion aggregate principal amount of 4.65% senior unsecured notes due October 15, 2025, at a public offering price of 99.846% of the face amount of the notes with a yield to maturity of 4.668%. Total net proceeds of the offering were
The Angolan National Concessionaire Sociedade Nacional de Combustíveis de Angola – Empresa Pública (“Sonangol”) and Cobalt International Energy, Inc. (“Cobalt”) (CIE) today announced the signing of a Sale and Purchase Agreement for Sonangol to acquire all of Cobalt’s 40% participating interest in Blocks 21/09 and 20/11 offshore Angola (the “Blocks”) for $1.75 billion with an effective date of January 1,
Lower oil prices push liquid storage levels higher As global oil production continues to outpace demand, storage levels for petroleum and other liquids has grown at a pace not seen in 17 years. Total global liquids inventories are estimated to have grown by 2.3 MMBOPD through the first seven months of 2015, the highest level of inventory builds through July
Virtus Oil and Gas Corporation (VOIL) (“Virtus” or “the Company”) today announced Utah’s Bureau of Land Management (BLM) approved its permit to drill the Lone Pine 34-11-5 initial test well in Southern Utah. The Lone Pine well will be drilled to a total vertical depth of 7,000 feet this August. Drilling will take approximately five to seven days. An additional
Baker Hughes rig count for the week ended August 21, 2015 Baker Hughes (ticker: BHI) reported an increase of just one rig to the total number of rigs drilling for oil and natural gas in the United States for the week ended August 21, 2015. The number of active rigs in the U.S. has remained relatively stable over the last
Via Houston Business Journal Icahn gets seats on Cheniere’s board Houston-based Cheniere Energy Inc. (NYSE MKT: LNG) has appointed two managing directors from Icahn Capital LP, a subsidiary of Icahn Enterprises LP (Nasdaq: IEP), to its board of directors. The appointment comes shortly after billionaire activist investor Carl Icahn, CEO of the New York-based companies, purchased an 8.18 percent stake
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