Finance News

Latest News

Friday, September 19, 2014

TransCanada comments on significant trading activity
TransCanada Corporation (TSX:TRP)(NYSE:TRP) today released the following statement in acknowledgement of significant trading activity in TransCanada's common shares. Statement: "TransCanada firmly believes its current corporate form, asset base and financial ...
North America | Friday, September 19, 2014
Lansdowne Oil & Gas plc Interim results
Interim results for the six months ended 30 June 2014 Lansdowne Oil & Gas plc is pleased to announce its interim results for the six months ended 30 June 2014. Lansdowne is an upstream oil and gas company, focused on exploration and appraisal activities in the North Ce ...
West Europe | Friday, September 19, 2014

Thursday, September 18, 2014

Redhill Resources acquires petroleum and natural gas leases
Redhill Resources Corp. (TSX VENTURE:RHR) hereby announces that it has acquired a 100% interest in a total of 8 sections of crown petroleum and natural gas leases (the "Leases") in the Government of Alberta's September 17, 2014 public offering of Crown lan ...
North America | Thursday, September 18, 2014
Platts JKM LNG prices for October delivery posted first gain since March
Prices of spot liquefied natural gas (LNG) for October delivery to Asia gained 19.8% on a month over month to an average $12.826/MMBtu per million British thermal units (/MMBtu), according the latest Platts Japan/Korea Marker (Platts JKM™) for month-ahead delivery ...
North America | Thursday, September 18, 2014
Buckeye Partners announces closing of $860 million acquisition
Buckeye Partners, L.P. (NYSE:BPL) announce that it has completed its $860 million purchase of an 80 percent interest in Buckeye Texas Partners LLC. Buckeye Texas Partners LLC and its subsidiaries, which are owned jointly with Trafigura AG ("Trafigura"), will o ...
North America | Thursday, September 18, 2014
Western Refining to acquire ConocoPhillips idled Wingate Plant and associated assets in Gallup, New Mexico
Western Refining, Inc. (NYSE:WNR) announce that it has entered into an agreement for the acquisition of the 25,000 barrel per day (bpd) idled Wingate Fractionation Plant in Gallup, New Mexico from ConocoPhillips Company. The Wingate facility includes rail loading and of ...
North America | Thursday, September 18, 2014
PA Resources takes measures to preserve liquidity and summons bondholders' meetings
PA Resources AB announces that it has initiated actions in order to preserve liquidity until a long term financing plan can be presented, and in this respect the Company has today summoned a bondholders' meeting for the Company's NOK denominated bond and initiat ...
North America | Thursday, September 18, 2014
Cenovus Energy provides update on Foster Creek
Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) achieved first oil production at its recently-completed Foster Creek phase F expansion earlier this month. Phase F is expected to add 30,000 barrels per day (bbls/d) of capacity, with production ramping up over the next 12 to 1 ...
North America | Thursday, September 18, 2014
Oil price, Scotland, Caza and finally...
Oil price The oil price remains relatively week but looks to be trying to form a bit of a base around here, after the Fed stated yesterday that 'accommodative interest rates would remain for a considerable time' the greenback strengthened again... The EIA stat ...
North America | Thursday, September 18, 2014
Endeavour receives notice regarding NYSE continued listing standards
Endeavour International Corporation (NYSE: END) (LSE: ENDV) announce that the New York Stock Exchange ("NYSE") has notified the Company that it is not in compliance with two of the NYSE's continued listing standards. The NYSE requires that the average clo ...
North America | Thursday, September 18, 2014
Suncor Energy sells share of Pioneer Energy assets
Suncor Energy announce that, along with The Pioneer Group Inc., it has reached an agreement to sell the assets of Pioneer Energy to Parkland Fuel Corporation for $378 million. Suncor, as one of the current joint owners of Pioneer Energy, will receive $182.5 million in c ...
North America | Thursday, September 18, 2014
Frontier Resources announces appointment of SP Angel as Joint Broker
The Board of Frontier (AIM Ticker: FRI), the AIM-traded international oil and gas exploration company with assets in Oman, Zambia and Namibia, announces that SP Angel Corporate Finance LLP ("SP Angel") has been appointed as Joint Broker to the Company, alongsi ...
West Europe | Thursday, September 18, 2014

Wednesday, September 17, 2014

Enbridge proposes to transfer U.S. $900 million asset to Enbridge Energy Partners
Enbridge Inc. (TSX:ENB) (NYSE:ENB) announced today that it has proposed to transfer its 66.7 percent interest in the U.S. segment of the Alberta Clipper Pipeline to its affiliate, Enbridge Energy Partners L.P. (NYSE: EEP) (EEP) for approximately U.S. $900 million. EEP i ...
North America | Wednesday, September 17, 2014
Mosman Oil and Gas receives Trident acceptances totalling 80.06% of the issued capital of Trident
Mosman Oil and Gas Limited (AIM: MSMN) announce that as of 17 September, Mosman has received acceptances from Trident Energy Limited ("Trident") shareholders totalling 80.06% of the issued capital of Trident. Following this significant acceptance milestone, M ...
West Europe | Wednesday, September 17, 2014
Oil price, Northern Petroleum, Petroceltic, Sound Oil, Sundry -BP-Tangiers and finally...
Oil price The first thing to say is that the Brent price is really around $99, the price above not reflective of realité. The two dollar turnaround was mainly started by the Opec Secretary General who gave an interview after a meeting with the Russian Oil Minist ...
West Europe | Wednesday, September 17, 2014
How do you spend $35 billion in a town of 13,000 people?
The LNG (Liquid Natural Gas) countdown is on in Canada. Within weeks, there are three major catalysts happening that could reshape the entire economy and labour market of western Canada. The British Columbia government outlines its fiscal regime for LNG The environme ...
North America | Wednesday, September 17, 2014