BP: Blowout preventer that failed to stop Gulf of Mexico oil leak removed from well
Sat, 04 Sep 2010 01:21:00 -0500
The Canadian Press - NEW ORLEANS - BP PLC said the blowout preventer that failed to stop oil from spewing into the Gulf of Mexico was removed from the company's well on Friday afternoon.
Taxpayers likely to face initial loss on GM IPO: sources
Fri, 03 Sep 2010 23:33:00 -0500
Reuters - NEW YORK/DETROIT (Reuters) - The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.
Key Energy Services to Present at the Raymond James 6th Annual European Investors Conference
Fri, 03 Sep 2010 23:22:56 -0500
PRNewswire - Key Energy Services, Inc. (NYSE: KEG) will present at the Raymond James 6th Annual European Investors North American Equities Conference, Wednesday, September 15, 2010 in London.
Quest Oil Management Provides Update
Fri, 03 Sep 2010 22:14:22 -0500
Business Wire - Quest Oil, Inc. (Pinksheets: QOIL), an independent oil and gas exploration company, is pleased to provide shareholders with an update on the latest business developments within the Company. (For more information see: http://www.qoilcorp.com)
Capital Power Income L.P. announces monthly distribution
Fri, 03 Sep 2010 21:00:08 -0500
CNW Group - The Board of Directors of CPI Income Services Ltd., the general partner of Capital Power Income L.P. (TSX: CPA.UN) (the Partnership), declared a cash distribution of $0.1467 per limited partnership unit for the month ending September 30, 2010.
Capital Power Income L.P. and CPI Preferred Equity Ltd. announce quarterly dividend on the Cumulative Redeemable Preferred Shares, Series 1 and 2, iss
CNW Group - Capital Power Income L.P. (TSX: CPA.UN) (the Partnership) and CPI Preferred Equity Ltd. (TSX: CZP.PR.A and CZP.PR.B) (the Corporation), a subsidiary of the Partnership, announced that the Corporation has declared quarterly dividends of $0.303125 per share on its Cumulative Redeemable Preferred Shares, Series 1 (the Series 1 Shares) and $0.437500 on its Cumulative Redeemable Rate Reset Preferred Shares, Series 2 (the Series 2 Shares).
Twoco Petroleums Ltd. Announces Completion of $4.67 Million of Its Equity Financing, Debenture Exchange and Issuance of Credit Facility Warrants
Fri, 03 Sep 2010 20:22:57 -0500
Marketwire - THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES, TO UNITED STATES NEWS WIRE SERVICES OR TO UNITED STATES PERSONS
BP spill costs hit eight billion as crews unearth clues
Fri, 03 Sep 2010 20:17:00 -0500
AFP - WASHINGTON (AFP) - British oil giant BP revealed Friday it has so far spent eight billion dollars to battle the Gulf of Mexico disaster, as its crews retrieved key evidence from the seabed.
Fayette Field Update
Fri, 03 Sep 2010 20:09:53 -0500
CNW Group - KFG Resources President, Robert A. Kadane, reported that KFG Resources Ltd.'s wholly-owned subsidiary,...
National Fuel Gas Company Announces Sale of Its Landfill Gas Business
Fri, 03 Sep 2010 20:04:32 -0500
Business Wire - National Fuel Gas Company (“National Fuel” or the “Company”) (NYSE: NFG) announces the closing of the sale of its landfill gas business to Toro Energy GP II, LLC, Toro Energy Holdings II, LP and another undisclosed buyer.
Vesta Capital Corp. (United Hunter Oil & Gas Corp.)
Fri, 03 Sep 2010 19:20:38 -0500
CNW Group - Vesta Capital Corp. (VES: TSX-V) ("United Hunter" or the "Corporation"), is pleased to announce that at the recently annual and special meeting of shareholders the name change to United Hunter Oil & Gas Corp. was approved.
Painted Pony Petroleum Ltd. Announces Grant of Stock Options
Fri, 03 Sep 2010 18:30:43 -0500
Marketwire - Painted Pony Petroleum Ltd. ("Painted Pony") (TSX VENTURE:PPY.A) (TSX VENTURE:PPY.B) announces that pursuant to the terms and conditions of its Stock Option Plan, it has granted, in the aggregate, 1,177,920 incentive stock options to purchase Class "A" Shares of Painted Pony (the "Options"), to certain of its Directors, Officers, Employees and Consultants.
Azerbaijan, Russia seal major gas deal, more to come
Fri, 03 Sep 2010 18:16:00 -0500
AFP - BAKU (AFP) - Azerbaijan will double gas exports to Russia in 2011 and increase them further from 2012, the countries said Friday in a move that could undercut Europe's drive to secure supplies for its Nabucco project.
Longwei Petroleum to Present at the Rodman & Renshaw Annual Global Investment Conference
Fri, 03 Sep 2010 18:06:39 -0500
PRNewswire - Longwei Petroleum Investment Holding Limited (NYSE Amex: LPH) ("Longwei" or the "Company"), an energy company engaged in the storage and distribution of oil and gas in the People's Republic of China ("PRC"), announced today that the Company will present at the Rodman & Renshaw Annual Global Investment Conference, being held September 12-15, 2010 in New York City.
Alaska Pacific Energy Corp. Appoints Chang Lee LLP as New Independent Auditors
Fri, 03 Sep 2010 17:06:39 -0500
PRNewswire - Alaska Pacific Energy Corp. (OTC Bulletin Board: ASKE), a publicly traded oil and gas exploration and technology company, today announced that its Board of Directors has appointed Chang Lee LLP Chartered Accountants, as the Company's new independent auditor to replace Chisholm, Bierwolf, Nilson & Morrill LLC effective immediately.
Planet Resource Recovery, Inc. Co-Sponsors NASA Johnson Space Center Emerging Technology & Partnerships Event at Rice University
Fri, 03 Sep 2010 15:30:10 -0500
PRNewswire - Planet Resource Recovery, Inc. (Pink Sheets: PRRY) is pleased to announce that it is a sponsor for the Innovation & Successful Partnerships Summit being held at Rice University.
Reliance on OPEC nations to rise: IEA
Fri, 03 Sep 2010 15:12:00 -0500
AFP - NEW DELHI (AFP) - Global dependency on the Organization of Petroleum Exporting Countries for crude oil will rise in the next five to 10 years as output by non-OPEC nations falls, the head of the International Energy Agency (IEA) said Friday.
Research and Markets: Convenience Stores and Gas Stations in Greece
Fri, 03 Sep 2010 15:01:23 -0500
Business Wire - Research and Markets (http://www.researchandmarkets.com/resea rch/148254/convenience_stores) has announced the addition of the "Convenience Stores and Gas Stations in Greece" report to their offering.
BP oil spill costs surge to $8 bln
Fri, 03 Sep 2010 14:42:00 -0500
AFP - LONDON (AFP) - British oil giant BP revealed Friday that the devastating Gulf of Mexico oil spill disaster has cost it eight billion dollars (6.2 billions euros) so far -- with a sharp rise in payments in the last month.
Company Profile for GTE Industries
Fri, 03 Sep 2010 14:40:33 -0500
Business Wire - GTE Industries is a world-class provider of sound and emissions solutions. GTE specializes...
MAGMA ENERGY COMPLETES PURCHASE OF 98.5% OF ICELANDIC GEOTHERMAL COMPANY HS ORKA
Fri, 03 Sep 2010 14:34:21 -0500
CNW Group - Magma Energy Corp. (TSX: MXY) announces that its wholly-owned subsidiary, Magma Energy Sweden A.B., today has closed the final portion of a previously announced agreement to acquire further shares of Iceland geothermal company HS Orka hf.
Nordic Energy Services: Official Energy Sponsor of the Chicago Bears
Fri, 03 Sep 2010 14:31:53 -0500
PRNewswire - Nordic Energy Services, LLC, an independently owned, Chicago-based, Alternative Retail Electric Supplier (ARES) and Alternative Gas Supplier (AGS), has reached an agreement with the Chicago Bears to be their energy provider.
Boralex Power Income Fund Declares Cash Distribution
Fri, 03 Sep 2010 14:21:18 -0500
CNW Group - Boralex Power Income Fund (the "Fund") has today declared a cash distribution in the amount of $0.01667 for the period from September 1, 2010 to September 15, 2010, being the expiry date of the offer made Boralex Inc. ("Boralex") to acquire all the issued and outstanding trust units of the Fund, as extended and varied.
Research and Markets: Petroleo Brasileiro SA - Petrobras: Corporate Analysis
Fri, 03 Sep 2010 14:20:22 -0500
Business Wire - Research and Markets (http://www.researchandmarkets.com/resea rch/82fe17/petroleo_brasileir) has announced the addition of the "Petroleo Brasileiro SA - Petrobras: Corporate Analysis" company profile to their offering.
Research and Markets: Valero Energy Corporation: Corporate Analysis
Fri, 03 Sep 2010 14:19:27 -0500
Business Wire - Research and Markets (http://www.researchandmarkets.com/resea rch/7e800d/valero_energy_corp) has announced the addition of the "Valero Energy Corporation: Corporate Analysis" company profile to their offering.
NMI at 51.5% August Non-Manufacturing ISM Report On Business® Business Activity Index at 54.4% New Orders Index at 52.4% Employment Index at 48.2%
Fri, 03 Sep 2010 14:00:32 -0500
Business Wire - Economic activity in the non-manufacturing sector grew in August for the eighth consecutive month, say the nation’s purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business®.
Tom Geer Joins Westinghouse Nuclear Fuel Business
Fri, 03 Sep 2010 14:00:11 -0500
PRNewswire - -- Westinghouse Electric Company today announced the appointment of Tom Geer as vice president, Fuel Engineering, for the company's Nuclear Fuel business.
Brazil's Petrobras unveils $64 bln share offer
Fri, 03 Sep 2010 13:47:00 -0500
AFP - RIO DE JANEIRO (AFP) - Brazil's state-run oil company Petrobras on Friday unveiled a huge share offering which could raise 64 billion dollars to help finance new exploration projects in the country.
Magellan Petroleum Corporation Earnings Summary and Strategic Discussion
Fri, 03 Sep 2010 13:30:08 -0500
PRNewswire - Magellan Petroleum Corporation (Nasdaq: MPET) (ASX: MGN) (the "Company") reported a consolidated net loss of $1.5 million or $0.03 per share on gross revenues of $28.5 million for its fiscal year ended June 30, 2010, as compared to net income of $665,000 or $0.02 per share, on revenues of $28.2 million in fiscal 2009.
Just Energy Income Fund Announces September Distribution
Fri, 03 Sep 2010 12:01:05 -0500
Marketwire - Just Energy Income Fund (TSX:JE.UN) filed notice with the Toronto Stock Exchange today announcing its regular distribution for September.
Constellation Energy Chief Financial Officer to Present at Bank of America Merrill Lynch Power & Gas Leaders Conference
Fri, 03 Sep 2010 12:00:51 -0500
Business Wire - Constellation Energy (NYSE: CEG) today announced that Chief Financial Officer and Senior Vice President Jonathan W.
Azerbaijan doubles gas sales to Russia: company
Fri, 03 Sep 2010 11:18:00 -0500
AFP - BAKU (AFP) - Azerbaijan will double gas exports to Russia in 2011 to two billion cubic meters, and further increase them from 2012, gas giant Gazprom said on Friday, in a move that may deal a blow to the European gas project Nabucco.
Canoel Announces Completion of Private Placements of Promissory Notes and Warrants
Fri, 03 Sep 2010 11:13:07 -0500
Marketwire - THIS PRESS RELEASE IS NOT TO BE DISTRIBUTED TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED...
Canoel Announces Completion of Private Placements of Units
Fri, 03 Sep 2010 11:12:24 -0500
Marketwire - This press release is not to be distributed to U.S. newswire services or for dissemination in the United States.
Pacific Rubiales Announces Successful Additional Farmout Agreements
Fri, 03 Sep 2010 11:00:22 -0500
CNW Group - Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC) announced today that it has executed an agreement with Petrodorado South America S.A. (a wholly-owned subsidiary of Petrodorado Energy Ltd.) for the earn-in of an additional participating interest in the Buganviles Block.
Consumers Energy Reminds Hunters that Utility Land is Private Property
Fri, 03 Sep 2010 10:30:08 -0500
PRNewswire - With hunting season gearing up in Michigan, Consumers Energy is reminding people that hunting is not allowed on the utility's property.
BP says oil spill costs hit $8 bln
Fri, 03 Sep 2010 08:27:00 -0500
AFP - LONDON (AFP) - British oil giant BP said Friday that the devastating Gulf of Mexico oil spill disaster has cost about eight billion dollars (6.2 billions euros) so far.
BP says cost of Gulf of Mexico oil spill reaches US$8 billion
Fri, 03 Sep 2010 07:20:00 -0500
The Canadian Press - LONDON - BP says it has so far spent US$8 billion responding to the disastrous oil well blowout in the Gulf of Mexico.
No oil leak seen at Gulf of Mexico blast
Fri, 03 Sep 2010 02:04:50 -0500
CBC - The U.S. Coast Guard says there are no signs so far that oil has spiiled from the site of an oil platform explosion Thursday in the Gulf of Mexico.
The Law Office of Robbins Umeda LLP Announces the Filing of a Class Action Suit Against China Natural Gas, Inc.
Fri, 03 Sep 2010 00:09:37 -0500
Business Wire - Robbins Umeda LLP today announced that a class action has commenced in the United States District Court for the District of Delaware (the "Court") on behalf of purchasers of China Natural Gas, Inc. ("China Natural Gas" or the "Company") (NASDAQ: CHNG) common stock during the period between March 10, 2010 and August 19, 2010.
Oil platform explodes, catches fire off La. coast; all 13 crew members are rescued from Gulf
Thu, 02 Sep 2010 22:49:00 -0500
The Canadian Press - NEW ORLEANS - An oil platform exploded and burned off the Louisiana coast Thursday, the second such disaster in the Gulf of Mexico in less than five months. This time, the Coast Guard said there was no leak, and no one was killed.
Matrix Service Sets Date to Discuss Results for the Fourth Quarter and Full Year Ended June 30, 2010
Thu, 02 Sep 2010 22:05:53 -0500
PRNewswire - Matrix Service Company (Nasdaq: MTRX) will announce results for the Fourth Quarter and Full Year, ended June 30, 2010, on Monday, September 13, 2010 prior to the opening of the market.
Kayne Anderson Energy Total Return Fund, Inc. Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios
Thu, 02 Sep 2010 21:53:18 -0500
Business Wire - Kayne Anderson Energy Total Return Fund, Inc. (the “Fund”) (NYSE: KYE) today provided a summary unaudited balance sheet and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of August 31, 2010.
Kayne Anderson MLP Investment Company Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at Augu
Thu, 02 Sep 2010 21:49:31 -0500
Business Wire - Kayne Anderson MLP Investment Company (the “Company”) (NYSE: KYN) today provided a summary unaudited balance sheet and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of August 31, 2010.
Friedman Industries, Incorporated Announces Cash Dividend
Thu, 02 Sep 2010 21:30:31 -0500
Business Wire - The Board of Directors of Friedman Industries, Incorporated (NYSE-Amex: FRD), a Texas-based company engaged in pipe manufacturing, steel processing and steel and pipe distribution, declared on September 2, 2010, a quarterly cash dividend of $0.08 per share on the Common Stock of the Company.
Coast Guard: no sign of oil leak after Gulf platform fire, but crews continue to monitor
Thu, 02 Sep 2010 21:24:00 -0500
The Canadian Press - NEW ORLEANS - The Coast Guard is saying there are no immediate signs of a spill from an oil platform fire in the Gulf of Mexico off the Louisiana coast.
Pride International, Inc. to Present at the Barclays CEO Energy / Power Conference
Thu, 02 Sep 2010 21:15:30 -0500
Marketwire - Pride International, Inc. (NYSE: PDE) today announced that Louis A. Raspino, president and chief executive...
Coast Guard backs off earlier report of oil sheen from Gulf platform explosion off La. coast
Thu, 02 Sep 2010 20:52:00 -0500
The Canadian Press - NEW ORLEANS - The Coast Guard is backing off its earlier report that an oil sheen about a mile long was spreading following a platform explosion in the Gulf of Mexico.
Media Advisory - INNERGEX AND PIC RIVER FIRST NATION INVITE THE MEDIA TO THE OFFICIAL CELEBRATION OF THE UMBATA FALLS POWER STATION
Thu, 02 Sep 2010 20:42:08 -0500
CNW Group - Michel Letellier, President and Chief Executive Officer of Innergex Renewable ("Innergex") and Chief Roy Michano, of the Pic River First Nation are please to invite the media to an official event, celebrating the success of the Umbata Falls Power Station project.
ARC ENERGY TRUST PROVIDES UPDATE ON 2011 HEDGES
Thu, 02 Sep 2010 20:35:17 -0500
CNW Group - (AET.UN and ARX - TSX) ARC Energy Trust (ARC) has added additional price protection for 2011. Over the...
Sunoco Declares Quarterly Dividend of $0.15 Per Share on Common Stock
Thu, 02 Sep 2010 20:30:40 -0500
Business Wire - Sunoco, Inc.’s (NYSE:SUN) Board of Directors today declared a cash dividend for the fourth quarter of 2010 of $0.15 per share on all full shares of common stock outstanding, payable December 10, 2010 to shareholders of record at the close of business on November 17, 2010.
EXALL ENTERS NEW BANKING ARRANGEMENTS
Thu, 02 Sep 2010 20:30:14 -0500
CNW Group - Exall Energy Corporation (TSX: EE) ("Exall" or the "Company") is pleased to provide an update concerning its banking arrangements.
Better times ahead for Canada's oil companies with expected $8.4B profit in 2010
Thu, 02 Sep 2010 20:23:00 -0500
The Canadian Press - CALGARY - A business think-tank sees rosier times ahead for Canadian oil producers, who are expected to reap $8.4-billion in profits this year as the world economy recovers from the recession and energy demand picks up.