Bear Head LNG Corp. Inc., a wholly owned subsidiary of Liquefied Natural Gas Ltd., has received Governor in Council approval for a licence to import natural gas from the US and a license to export LNG from Bear Head LNG’s project site on the Strait of Canso in Richmond County, NS. Source: News
Voters back more oil, gas development, API-commissioned poll finds
A majority of registered US voters support more US oil and gas development and are more likely to back a candidate who shares that view, a survey commissioned by the American Petroleum Institute found. “This makes clear that the American people want a national energy policy that expands the gains we’ve made in the last […]
QEP Energy to add Midland basin acreage
QEP Resources Inc., Denver, said its wholly owned subsidiary QEP Energy Resources will gain 430 horizontal drilling locations targeting four horizons in the northern Midland basin with property acquisitions in Martin County, Tex., totaling $600 million. Source: News
EIA: US crude inventories down another 900,000 bbl
US commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, dropped 900,000 bbl for the second straight week during the week ended June 17, according to the latest Petroleum Status Report from the US Energy Information Administration. Source: News
Federal district judge in Wyoming sets aside BLM’s final fracing rule
A federal district court judge in Wyoming set aside the US Bureau of Land Management’s final hydraulic fracturing rule after finding the agency did not have the necessary congressional authority to impose it. Source: News
Federal district judge in Wyoming sets aside BLM’s final fracing rule
A federal district court judge in Wyoming set aside the US Bureau of Land Management’s final hydraulic fracturing rule after finding the agency did not have the necessary congressional authority to impose it. Source: News
MARKET WATCH: NYMEX crude oil price drops modestly pending inventory
Prices for light, sweet crude oil dropped modestly on the New York market on June 21 as the front-month contract expired with the settlement. Analysts said trading was light pending release of the US government’s weekly inventory report. Source: News
MARKET WATCH: NYMEX crude oil price drops modestly pending inventory
Prices for light, sweet crude oil dropped modestly on the New York market on June 21 as the front-month contract expired with the settlement. Analysts said trading was light pending release of the US government’s weekly inventory report. Source: News
Birchcliff to buy Encana’s Gordondale assets for $625 million (Can.)
Birchcliff Energy Ltd. has agreed to acquire 100% of fellow Calgary firm Encana Corp.’s Gordondale assets in northwestern Alberta for $625 million (Can.) in cash. The deal is effective Jan. 1, and expected to close by July 28. Source: News
Birchcliff to buy Encana’s Gordondale assets for $625 million (Can.)
Birchcliff Energy Ltd. has agreed to acquire 100% of fellow Calgary firm Encana Corp.’s Gordondale assets in northwestern Alberta for $625 million (Can.) in cash. The deal is effective Jan. 1, and expected to close by July 28. Source: News