Tag: 2015
60% of Canadian business energy research and development spent on fossil fuels
In-house R&D spending on to non-emitting and renewable energy declined from $644 million in 2014 to $492 million in 2015 Research and development spending on fossil fuels accounts for more than half of energy research and development by businesses, according to the latest data released by Statistics Canada. In 2015, $1.6 billion of in-house research and development (R&D) expenditures in Canada were directed to […]
Sanchez Production announces $137 million loss in 2015
Sanchez recorded net loss of $44.5 million in Q4 2015, net loss of $137 million for full year 2015 HOUSTON, Texas – Sanchez Production Partners LP today reported fourth quarter and full year 2015 results. “Despite a number of significant headwinds, we executed a plan to transform SPP in 2015 and exited the year with a well-positioned master […]
Permian Basin News: Clayton Williams Energy reports $98 million loss for 2015
Clayton William’s 2015 oil, gas and NGL production per BOE decreased 16% in 4Q15, revenue down, but costs $87.6 million v.s $105.3 million in 2014 MIDLAND, Texas – Low oil prices took their toll on Clayton Williams Energy as the company posted a lost of $98 million for 2015. Fiscal 2015 Results Oil and Gas Production […]
Texas News: ERCOT issues 2015 state of the grid report
Texas has far more wind power than any other state, set wind generation records 8 times in 2015 The business of generating electricity in Texas is rapidly changing as coal consumption declines, natural gas use increases, and renewables appear poised to play a bigger role – all of which was captured in ERCOT’s State of the Grid […]
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