Story by Reuters Volkswagen (VOWG_p.DE) shares plunged by nearly 20 percent on Monday after the German carmaker admitted it had rigged emissions tests of diesel-powered vehicles in the United States, and U.S. authorities said they would widen their probe to other automakers. German officials, alarmed at the potential damage the scandal could inflict on its car industry, urged Volkswagen to
Story by The Wall Street Journal Suncor Energy Inc. said Monday it had agreed to boost its stake in the Fort Hills oil-sands project in Alberta to 50.8% by acquiring a 10% stake from project partner Total SA for 310 million Canadian dollars ($235 million). The deal reflects diverging bets on Canada’s oil sands. “This opportunity to acquire an additional
AltaGas Ltd. Announces Acquisition of US Natural Gas-Fired Generation Facilities for US$642 Million, and Dividend Increase
Suncor Energy to acquire additional working interest in Fort Hills oil sands project CALGARY, ALBERTA–(Marketwired – Sept. 21, 2015) – Suncor Energy today announced that it has agreed to purchase an additional 10 per cent working interest in the Fort Hills oil sands project from Total E&P Canada Ltd., for total aggregate consideration of $310 million at the time of
DEKRA Announces BMW Team RLL’s BMW Z4 GTE Green Challenge Winner of TUDOR Championship Race in Austin, TX
Gran Tierra Announces New, Increased Credit Facility CALGARY, ALBERTA–(Marketwired – Sept. 21, 2015) – Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE MKT:GTE)(TSX:GTE), is pleased to announce that, through its wholly owned subsidiary Gran Tierra Energy International Holdings Ltd., it has secured a credit facility of up to US$500 million with a current borrowing base of US$200 million.
Ryder Oil & Gas Experts to Speak at Annual Frac Sand Supply & Logistics Conference
Cataract Steel Industries Acquires Private Systems, Inc.
Seasonal builds began six weeks early in 2015 U.S. inventories of propane and propylene reached 97.7 million barrels as of September 11, the highest level in the 22 years that the Energy Information Administration (EIA) has collected weekly propane inventory statistics, according to a release from the administration. In the first six months of 2015, U.S. propane and propylene inventories
AltaGas Ltd. Announces Acquisition of US Natural Gas-Fired Generation Facilities for US$642 Million, Dividend Increase and $300 Million Common Share Offering
Northern Frontier Corp. Announces Closing of SL Oilfield Construction Ltd. Acquisition
SemGroup Helps Local Meals on Wheels Build New Kitchen
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