“We believe these transactions have positioned the Company to accelerate development of the attractive opportunities in our property base.” DENVER – Resolute Energy Corporation says it has entered into a definitive agreement to sell its Gardendale assets in the Midland Basin of West Texas to an undisclosed buyer for a purchase price of $177.5 million. […]
Resolute Energy selling Gardendale assets in Midland Basin Read More »
Green home remodel should be well planned out Investing in making your home more energy efficient can help the environment, lower your utility bills and possibly help you fetch a higher sale price. But homeowners considering a green remodel should also weigh how long it will take for the improvements to reap savings. Some pricey
Small changes can often make a green home remodel pay off faster Read More »
Suncor offered $4.5B all-stock offer to COS shareholders CALGARY _ A Suncor Energy executive says the company won’t extend its hostile takeover offer for Canadian Oil Sands past its Dec. 4 deadline. Steve Reynish, Suncor’s executive vice-president of strategy and corporate development, testified today before the Alberta Securities Commission today that the company would not extend
Suncor says it will not extend COS takeover offer beyond Dec. 4 deadline Read More »
Canadian Oil Sands has four ‘highly credible’ parties scoping out a deal with the company CALGARY _ The Alberta Securities Commission will hear arguments today into whether Canadian Oil Sands should be allowed to keep its defence against hostile takeovers. Suncor Energy took a $4.5-billion all-stock offer directly to shareholders on Oct. 5 after attempts
“Wexpro’s ability to resume drilling in this low-gas-price environment is important in order for it to sustain and grow production…” – Jibson SALT LAKE CITY – Questar has received approval from the Utah and Wyoming public service commissions to include natural gas properties under the Wexpro II Agreement. Regulators also approved changes to the Wexpro cost-of-service model
Questar receives approval to add natural gas properties under Wexpro II agreement Read More »
Enbridge has invested approximately CAD$5B in renewable energy since 2005 CALGARY _ On Wednesday, Enbridge announced it has purchased a 100 per cent interest in a West Virginia wind farm for about US$200 million. The 103-megawatt New Creek Wind Project was developed by EverPower Wind Holdings, LLC and is slated to be in service in
Enbridge buys West Virginia wind farm project for US$200M Read More »
Alaska bought out TransCanada interest for US$64M CALGARY _ TransCanada Corp. has exited an Alaska liquefied natural gas project, with the state buying out the company’s interest for US$64.6 million. In a special session earlier this month, the state legislature approved funding to take on a bigger stake in the project and, on Wednesday, Gov.
TransCanada exit from Alaska official; state’s project buyout complete Read More »
Mele currently serves as deputy general manager and chief operating officer of Austin Energy, where she leads all aspects of its power operations and planning efforts AUSTIN, TX, – Cheryl Mele will become the next senior vice president and chief operating officer of ERCOT. ERCOT is the independent system operator of the electric grid and
ERCOT names Cheryl Mele next chief operating officer Read More »
Allianz says the future is in renewable power BERLIN _ German financial group Allianz SE, one of the world’s largest asset managers, said Tuesday it would over the next six months decrease investments in companies using coal and boost funding on those focused on wind power. CEO Oliver Baete said Allianz will no longer invest in companies
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Noble Midstream IPO represented 34% to 39% stake in company Houston, TX – Noble Midstream Partners LP has announced it is postponing its previously-announced initial public offering. The board of directors and management of Noble Midstream’s general partner and its sponsor, Noble Energy, Inc. , elected for postponement of the offering as a result of unfavorable equity market conditions.
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