Thursday, January 23, 2025
TransCanada

TRP Analyst Day: “More to the TransCanada Story than Keystone XL”

Inventory Backlog Reaches $40 Billion and Counting *Note: All figures in Canadian dollars unless said otherwise The Obama administration’s rejection of the Keystone XL pipeline on November 6, 2015, was not a huge surprise to the public majority following the issue that has dragged on for the better part of a decade. The timing, however, was critiqued by pro-industry siders,

Canada

Canada’s Energy Audible: New Prime Minister Justin Trudeau Making his Mark on the Industry

Justin Trudeau, the newly elected Prime Minister of Canada, has been in office for less than two weeks but is already making waves in the nation’s energy industry. In a mandate letter to the Minister of Transport, Trudeau outlined the first steps of his policy and called for a “renewed, nation-to-nation relationship with Indigenous Peoples, based on recognition of rights,

Bobby Jindal Ends Presidential Campaign

From Time Magazine “This is not my time” Louisiana Gov. Bobby Jindal suspended his campaign for the White House Tuesday amid persistent fundraising and polling troubles. “This is not my time, so I am suspending my campaign for President,” Jindal said in a statement released as he revealed his decision on Fox News. Jindal had pinned all of his hopes

Apache Corporation Provides Updates from its North Sea Region Update

Apache Corporation (NYSE, Nasdaq: APA) is hosting a webcast today with analysts and investors to provide an update on the company’s North Sea operations, recent drilling success and views on the future potential of its portfolio in the region. “Today we will highlight the uniqueness of Apache’s global portfolio and our North Sea assets in particular. We believe our performance

Statoil exits Alaska

Statoil is optimising its exploration portfolio and has decided to exit Alaska following recent exploration results in neighbouring leases. Statoil is committed to optimising its portfolio, strengthening financial performance, and positioning for long-term value. The leases in the Chukchi Sea are no longer considered competitive within Statoil’s global portfolio, so the decision has been made to exit the leases and

Suncor Energy announces 2016 capital spending program and production outlook

Suncor Energy released its 2016 corporate guidance today, which includes a flexible capital spending program of between $6.7 billion and $7.3 billion and average production of 525,000 to 565,000 barrels of oil equivalent per day. The guidance includes projected Suncor oil sands cash operating costs per barrel (excluding Syncrude)(1) of $27.00 to $30.00, continuing a multi-year trend that has seen

Southwestern Energy Improves Liquidity By Entering Into A Three-Year Term Loan Agreement

Southwestern Energy Company (SWN) today announced that it entered into a $750 million three-year term loan agreement and used its proceeds to pay down balances under its existing credit facility and commercial paper program.  The term loan is unsecured and includes an interest rate calculated based upon the Company’s credit rating (currently 137.5 basis points over the current London Interbank