Category: News

CALGARY, ALBERTA–(Marketwired – June 27, 2017) – Economic analysis shows that Canada’s oil sands generate significant economic benefits for Quebecers, including 16,200 jobs, $1.25 billion in GDP and $215 million in government revenues, according to an independent study prepared by AppEco titled Les retombées économiques au Québec de l’exploitation des sables bitumineux du Canada. The [Read More…]

Source: BOE Report

Two reports show company operates cleanest generation fleet and some of the most energy efficient utilities in the nation CHICAGO–(BUSINESS WIRE)–Exelon operates the cleanest fleet of power plants among the nation’s largest power producers and its utilities rank among the most energy efficient in the nation, according to two recent industry reports. Based on U.S. [Read More…]

Source: BOE Report

Sets Science-Based Target and Publishes Annual Corporate Sustainability Report MISSISSAUGA, ON, June 27, 2017 /CNW/ – UPS (NYSE: UPS) today announced aggressive new sustainability goals to add more alternative fuel and advanced technology vehicles to its fleet while increasing its reliance on renewable energy sources. The goals, available in the company's 2016 Corporate Sustainability Report, [Read More…]

Source: BOE Report

GRAND JUNCTION, CO, June 27, 2017 /CNW/ – Bullfrog Gold Corp (OTCQB: BFGC) (the “Company” or “BFGC”) is pleased to announce a base case, maiden resource estimate of 525,000 ounces of gold averaging 1.02 g/t on its Bullfrog Gold Project (Project) located 120 miles NW of Las Vegas Nevada. Table 1 summarizes resources in the Bullfrog [Read More…]

Source: BOE Report

VANCOUVER, June 27, 2017 /CNW/ – Freegold Ventures Limited (TSX: FVL, Frankfurt: FR4N) (“Freegold) is pleased to announce assays from an additional 6 holes from the oxide expansion drill program at Golden Summit. Golden Summit is located 30 minutes drive via paved highway from Fairbanks, Alaska.   As part of the Phase 1 Oxide Expansion [Read More…]

Source: BOE Report

OTTAWA, June 27, 2017 /CNW/ – By 2050, the global population is expected to rise to 9.7 billion. This intensified need for food and other agri-products will put pressure on farmers to increase crop yields on less land, while protecting important resources like water and soil. Fortunately, steps are already being taken in Saskatchewan, Canada and [Read More…]

Source: BOE Report

COPENHAGEN – Danish shipping and oil group A.P. Moller-Maersk says its IT systems are down. The Copenhagen-based group didn’t say what had caused Tuesday’s problems. Danish media say Maersk offices in Britain, Panama and Venezuela were affected. Maersk said on Twitter: “the safety of our customers’ business and our people is our top priority.”

Source: BOE Report

Oil prices rose for a fourth consecutive session on Tuesday boosted by a weaker dollar but worries over persistent oversupply capped gains. Brent crude futures LCOc1, the international benchmark for oil prices, gained 64 cents to $46.47 per barrel by 1152 GMT. U.S. West Texas Intermediate (WTI) crude futures CLc1 were up 56 cents at [Read More…]

Source: BOE Report

ATLANTA and SAN FRANCISCO, June 27, 2017 /PRNewswire/ — Southern Company subsidiary PowerSecure announced today a strategic alliance with Advanced Microgrid Solutions (“AMS”) to jointly develop and deploy behind-the-meter distributed energy resources across the United States. With over 1.5 GW of distributed energy resources under management, PowerSecure has built one of the country’s largest fleets of microgrid [Read More…]

Source: BOE Report

CALGARY, ALBERTA–(Marketwired – June 27, 2017) – Enbridge Inc. (TSX:ENB)(NYSE:ENB) (Enbridge or the Company), announced today the commencement of cash tender offers by its wholly-owned subsidiary, Spectra Energy Capital, LLC (Spectra Capital), for the debt securities of Spectra Capital. The tender offers consist of offers to purchase for cash the following securities issued by Spectra [Read More…]

Source: BOE Report

Brent crude futures LCOc1, the international benchmark for oil prices, had gained 25 cents to $46.08 per barrel. Libyas oil production rose to 935,000 bpd, up from 885,000 bpd last week, a Libyan oil source said on Tuesday.

Meanwhile, U.S. shale oil output has risen about 10 percent since last year to 9.4 million bpd C-OUT-T-EIA, with ...

Source: Oilpro - New Posts

 TSX, NYSE: BXE – CALGARY, June 27, 2017 /CNW/ – Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX, NYSE: BXE) is pleased to announce that it has completed the previously announced sale of certain non-core assets in the Strachan area of Alberta (the “Strachan asset sale”). Concurrent with the closing of the Strachan asset sale, the [Read More…]

Source: BOE Report

CALGARY, ALBERTA and HONG KONG, CHINA–(Marketwired – June 27, 2017) – Reference is made to the notice of each of the Annual meeting and the Special Meeting of shareholders (collectively, the “Meetings“) of Sunshine Oilsands Ltd. (the “Corporation“) (HKSE:2012) and the accompanying form of proxies, all dated May 22, 2017 (the “Notices“). Unless the context [Read More…]

Source: BOE Report

Congressman Vicente Gonzalez (TX-15) announced the formation of a Congressional Oil and Gas Caucus. This organization, composed of congressional members, will be created to educate members of congress about the oil and gas industry. From upstream: extraction and production; midstream: transport, and downstream: refining, value-added petroleum products. Additionally, it will cover all other related hydrocarbon...

The post Congressman Gonzalez Starts ...

Source: Oilman Magazine – The Magazine for Leaders in American Energy

Britain's FTSE 100 futures were down 0.09 percent ahead of the cash market open. * PETROFAC: British oilfield services company Petrofac Ltd on Tuesday said it expected an underlying net profit of $135-$145 million for the first-half of 2017 as higher bidding activity in its core markets led to a strong order book. * DEBENHAMS: [Read More…]

Source: BOE Report

Russia's Rosneft , the world's top listed oil producer by volumes, plans to open a trading office in Singapore, Chief Executive Igor Sechin said in an article published in Izvestia newspaper on Tuesday. He added that if oil prices stay at $40 per barrel for a prolonged time, half of global oil production would become [Read More…]

Source: BOE Report