New Brunswick defends climate change plan while McKenna raises concerns

FREDERICTON – Federal Environment Minister Catherine McKenna is suggesting New Brunswick’s approach to carbon pricing won’t meet Ottawa’s requirements, but Premier Brian Gallant is defending his plan. The province released a plan this week that will see existing gasoline and diesel taxes repurposed for a climate-change fund, rather than adding a new carbon tax. But [Read More…]

Source: BOE Report

U.S. Shale Looks Beyond The Sweet Spots

Although the start to 2017 saw wavering optimism from U.S. oil and gas, healthier corporate balance sheets, improved well economics, and capital continuing to flow into the sector, are setting the stage for more expansion opportunities beyond just a few select shale plays in 2018, Houston-based investment bank GulfStar Group said in its Capital Perspectives: Oil and Gas Outlook ...

Source: Oilprice.com

Colorado Fracktivists’ Theatrical Stunts Are Losing Steam

It appears that Colorado anti-fracking activists’ 15 minutes might be up. The scene earlier this week at the monthly Colorado Oil and Gas Conservation Commission (COGCC) meeting was pretty standard, as activists lined up in the hallway waiting to give public comment as part of their monotonous, almost monthly rally against the COGCC. But there was a huge difference between ...

Source: Energy In Depth

Kinder Morgan Canada Limited Closes $250 Million Preferred Share Offering

CALGARY, Dec. 15, 2017 /CNW/ – Kinder Morgan Canada Limited (the “Company”) (TSX: KML) is pleased to announce that it has completed its previously announced offering of cumulative redeemable minimum rate reset preferred shares, Series 3 (the “Series 3 Preferred Shares”) for aggregate gross proceeds of $250 million. The Company issued 10,000,000 Series 3 Preferred [Read More…]

Source: BOE Report

Forty Under 40: Sri Sridharan, Pioneer Natural Resources

Sri Sridharan, environmental supervisor at Pioneer Natural Resources, is today’s Forty Under 40 honoree. Sri guides Pioneer’s efforts through methane emissions risk and regulations as the industry studies ways to both monetize methane emissions “as a saleable product” and mitigate harmful effects of these production byproducts. See Sri’s complete profile. Take a look at all of the Forty Under 40 ...

Source: Oilandgasinvestor.com Feeds

Noble Energy Divests Its Interest in the General Partner of CONE Midstream to CNX Resources

Houston, Dec. 15, 2017 (GLOBE NEWSWIRE) — Noble Energy, Inc. (NYSE: NBL) (“Noble Energy” or “the Company”) today announced that it has signed a definitive agreement with CNX Resources Corporation (NYSE: CNX) (“CNX”) to divest the Company’s 50 percent interest in CONE Gathering LLC (“CONE Gathering”) for cash consideration of $305 million. CONE Gathering owns [Read More…]

Source: BOE Report