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Financial
Suncor Energy and Canadian Oil Sands file documents for amended offerJan 25, 2016Suncor Energy Inc. and Canadian Oil Sands Limited declared the filing and mailing of a notice of variation and change to Suncor's offer and a notice of change to the COS
Schlumberger results reveals 10000 jobs cutJan 25, 2016Schlumberger Limited reported results for full-year 2015 and the fourth quarter of 2015.
Schlumberger Chairman and CEO Paal Kibsgaard commented,
Wood Group strengthens commissioning capabilities through Magma collaborationJan 22, 2016Wood Group has established a collaborative agreement with international engineering consultancy, Magma Products (Magma) to extend its existing commissioning service.
Frontier Resources : Namibia exploration licence expiredJan 22, 2016On 4 February 2014 the Board of Frontier declared that the Minister of Mines and Energy in Namibia had granted the Company a two year extension to its exploration licence
Total transfers 20% interest and operatorship of Kharyaga to ZarubezhneftJan 22, 2016Total and Zarubezhneft have agreed to adjust their participation in the Kharyaga Production Sharing Agreement whereby Total will transfer a 20% interest together with
Luxe Energy acquires initial assets of approximately 18,000 net acres in Delaware BasinJan 22, 2016Luxe Energy LLC has acquired certain undeveloped acreage and producing oil and gas properties located in Reeves and Ward Counties, TX from two separate sellers,
San Leon Energy terminates possible takeover discussionsJan 22, 2016The Board of San Leon notes that an offer period under the Irish Takeover Panel Act, 1997, Takeover Rules, 2013 in relation to San Leon commenced with effect from its
JKX Oil & Gas awarded further three Hungarian production licencesJan 22, 2016JKX Oil & Gas plc has been granted a further three 35-year production licences (mining plots) covering an additional area of approximately 124 sq km within its original
Cyberhawk reports record growth within its oil and gas division during 2015Jan 22, 2016Cyberhawk Innovations has reported record growth within its oil and gas division during 2015 due to impressive demand from domestic and global markets.
Origin Energy clarifies financing arrangementsJan 22, 2016Origin Energy Limited declared clarification of misunderstandings in the market in respect of some matters related to Origin's financing arrangements.
Eden Energy sells UK gas assetsJan 22, 2016Eden Energy Ltd's wholly owned Australian subsidiary, Adamo Energy Ltd, entered into an agreement with UK Onshore Gas Limited (a company incorporated under the laws of
DNV GL acquires Swedish power system analysis company Gothia PowerJan 22, 2016Gothia Power, a Swedish power system analysis company, has been acquired by DNV GL. “This company's expertise and services are a perfect match for DNV GL’s existing portfolio in the renewable power, transmission and distribution industries. I am therefore happy to announce this acquisition, which establishes DNV GL’s technical and strategic power system services in the Swedish and Baltic energy markets and further strengthens our leading position worldwide,” says DNV GL President and CEO Remi Eriksen.
WPX Energy increases hedge position and reduces debtJan 21, 2016WPX Energy has added more hedges to protect cash flows and repurchased a portion of notes that are due in early 2017.
Touchstone disposes of Kerrobert, Saskatchewan facility for $4.15 millionJan 21, 2016Touchstone Exploration Inc. has entered into an agreement to dispose of its Kerrobert, Saskatchewan facility, infrastructure and the associated PNG rights to Quattro Exploration
Pengrowth Energy declares its 2016 capital budgetJan 21, 2016Pengrowth Energy Corporation declared its 2016 capital expenditure plans and suspension of its dividend. Pengrowth's Board of Directors has approved a $60 to $70
Husky Energy updates 2016 guidanceJan 21, 2016Husky Energy is taking additional steps to improve its resilience through the extended low commodity price environment.
Mitsubishi Corporation acquires full ownership of CIMA EnergyJan 21, 2016Mitsubishi Corporation (MC) has acquired all remaining partnership interest in its affiliated company, CIMA ENERGY, LTD. (CIMA), a Houston based oil and gas marketer, through
Statoil awarded highest number of licences since 2005Jan 21, 2016In the Awards in Predefined Areas (APA) round 2015, Statoil has been awarded interest in 24 licences on the Norwegian continental shelf (NCS), 13 of those as operator and 11
Northcote Energy substantially improves its balance sheetJan 21, 2016Northcote has substantially improved its balance sheet through two transactions with Shoats Creek Development, Inc. ('SCDI'), its partner in the development of the Shoats Creek Field,
Petro River to acquire a 9% Interest in PL 1/10 and P2123Jan 21, 2016Petro River Oil Corp. says that Petro River UK Limited, its wholly owned subsidiary, entered into a Farmout Agreement to acquire a 9% interest in Petroleum License PL 1/10 and P2123
Nighthawk Energy's hearing for water flood project approval postponedJan 21, 2016Nighthawk says that on January 18, 2016, the Company received formal notification from the Colorado Oil and Gas Conservation Commission ('COGCC') that the Company's hearing for
Faroe Petroleum awarded 6 new exploration licenses in NorwayJan 21, 2016Faroe Petroleum has been awarded six new prospective exploration licences, including two operatorships, under the 2015 Norwegian APA (Awards in Pre-defined Areas) Licence Round on the Norwegian Continental Shelf. The Company has been awarded three new licences in the Norwegian Sea area: Licence PL836S Yoshi - Blocks 6406/2,3 below Cretaceous: Faroe (30%), Wintershall Norge AS (40% and operator),
Range Resources seeking legal advice over revoked Colombian licencesJan 20, 2016Range Resources has received a notice from Agencia Nacional de Hidrocarburos ('ANH'), National Hydrocarbons Agency of Colombia, which states that the licences over the three
Lundin awarded four licences in Norwegian licensing roundJan 20, 2016Lundin Petroleum says that its wholly owned subsidiary Lundin Norway AS has been awarded four exploration licence interests in the 2015 Norwegian Licensing Round
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