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Hatch acquires Upside Engineering

Hatch acquires Upside Engineering

Hatch announced that Upside Engineering Ltd. has joined Hatch Ltd. The Best Chilean Companies program is the local version of Deloitte’s Best Managed Companies program. Codelco celebrated the opening of the Chuquicamata underground mine. Hatch has been awarded a Consulting Engineers of South Africa (CESA) Aon Engineering. It bringing together the largest oil and gas...

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Pembina to buy Kinder Morgan’s oil assets for $3.3 billion

Pembina to buy Kinder Morgan’s oil assets for $3.3 billion

Pembina Pipeline Corp. increased its bet on the future of Canada’s turbulent oil-sands industry. Pembina Pipeline Corporation announced that its Board of Directors declared a common share cash dividend. Company announced its financial and operating results for the second quarter of 2019. The dividends are designated “eligible dividends” for Canadian income tax purposes. Company also...

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Hibernia production halted again following spill

Hibernia production halted again following spill

Newfoundland & Labrador Offshore Petroleum Board was notified of an incident at the Hibernia platform. Hibernia REIT plc announces the refinancing of its €400m secured revolving credit facility. Hibernia REIT plc announces its interim results for the six months to 30 September 2018. Company also announces that it has agreed to lease all the office...

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Husky to resume full production at White Rose offshore Newfoundland

Husky to resume full production at White Rose offshore Newfoundland

Husky Energy announced it will resume production from the remaining two drill centers. The news release contains references to the non-GAAP financial measures “funds from operations”, “free cash flow”. Husky entered guilty pleas on federal and provincial charges related to a 2016 oil spill in Saskatchewan. Husky Energy (TSX:HSE) will hold its Investor Day in...

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Canadian petroleum agency approves Hibernia platform restart following spill

Canadian petroleum agency approves Hibernia platform restart following spill

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) issued approval to Hibernia Management. Today’s fiscal framework for natural gas development in British Columbia is a critical step to create a global. Global Energy Monitor published a misleading report titled. The Government of Canada’s new approval to build the Trans Mountain Expansion Project. Canada’s oil sector...

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Venezuela importing the most fuel since U.S. sanctions started

Venezuela importing the most fuel since U.S. sanctions started

Venezuela is importing fuel at a rate not seen since the U.S. imposed crippling sanctions on the country. A Chinese contractor has agreed to shore up Venezuela’s derelict refining network to ease fuel shortages. US imposed sanctions on Venezuelan individuals linked to Maduro’s government. US President Donald Trump has signed an executive order imposing an...

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Devon Energy completes sale of Canadian business

Devon Energy completes sale of Canadian business

Devon Energy Corp. has announced that it has completed the sale of its Canadian business. It forecasts and estimates that are forward-looking statements under US Securities Law. Devon Energy has spent the past few years transforming into a shale-focused company. Devon Energy didn’t have quite the finish to 2018 that it was hoping for. Devon...

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Global Petroleum Show to address critical issues facing Canadian, global E&P industry

Global Petroleum Show to address critical issues facing Canadian, global E&P industry

The 51st installment of the Global Petroleum Show (GPS), North America’s largest onshore-oriented oil-and-gas event. Company says it has been sufficiently encouraged in the prospectivity within the Juan de Nova Est permit. Global Petroleum has opened a data room for prospective partners interested in farming into the company’s Namibian acreage. Global Petroleum’s transformation into an...

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Schlumberger introduces the GAIA digital exploration platform

Schlumberger introduces the GAIA digital exploration platform

Schlumberger has introduced the GAIA* digital exploration platform at the 81st EAGE Conference & Exhibition. Schlumberger Ltd. said parts of its international business are finally starting to recover. It’s been a tough few years for Schlumberger Ltd. and Halliburton Co. The automation are teaming up to create a fully integrated digital oilfield automation solutions. The...

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TransGlobe Energy Corporation announces approval of new development lease, operations update

TransGlobe Energy Corporation announces approval of new development lease, operations update

TransGlobe Energy Corporation announces an approval of a new development lease. Company is pleased to announce its financial and operating results for the three months. The independent Directors received Deferred Share Units as a result of the Company having declared a dividend. Company also announces that pursuant to an exercise notice it has received. President...

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