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May 31, 2016

Pengrowth Receives Regulatory Approval for the 17,500 Barrel Per Day Second Commercial Phase of the Lindbergh Thermal Project

May 31, 2016

CALGARY, ALBERTA–(Marketwired – May 30, 2016) – Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) today announced that it has received the anticipated Environmental Protection and Enhancement Act (EPEA) approval for the 17,500 barrel per day (bbl per day) second commercial phase of its Lindbergh thermal project. The approval contains no conditions that materially change the estimated cost, scope or timing of the

TRC Names Jeffrey D. Wiese Vice President and National Practice Leader for Pipeline Integrity Services

May 31, 2016

LOWELL, MA–(Marketwired – May 31, 2016) –  TRC Companies, Inc. (NYSE: TRR) announced today that Jeff Wiese has joined as Vice President and National Practice Leader for Pipeline Integrity Services. In this role, he will lead the management and delivery of Geographic Information Systems (GIS) and Integrity solutions that help clients develop, operate and maintain critical energy infrastructure safely and

PetroShare Corp. Executes Agreement to Acquire Producing Wells and Associated Leases

May 31, 2016

CENTENNIAL, CO–(Marketwired – May 31, 2016) –  PetroShare Corp. (OTCQB: PRHR) announced today that the Company has entered into a Purchase and Sale Agreement with a major area operator to acquire producing vertical wells and associated leases totaling approximately 4,850 gross and 2,200 net acres in Adams County, Colorado. A significant portion of the acreage is located within the Company’s

Iraq Joins Mideast Rivals Raising Oil Exports Ahead of OPEC Meeting

May 31, 2016

From Reuters Iraq will supply 5 million barrels of extra crude to its partners in June, industry sources familiar with the issue said, joining other Middle East producers by lifting market share ahead of an OPEC meeting this week. Iraq, which is the second-largest producer in the Organization of Petroleum Exporting Countries, had already been targeting record crude export volumes

Saudi Arabia Said to Eye Bond Sale of as Much as $15 Billion

May 31, 2016

From Bloomberg Saudi Arabia is considering selling as much as $15 billion of bonds this year in what would be the country’s first foray into international capital markets, people with knowledge of a matter said. Encouraged by Qatar’s record issue last week, Saudi Arabia is weighing a sale of at least $10 billion in five-, 10- and 30-year bonds after Ramadan

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