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Industry News
- Pembina Pipeline Corporation announces conversion results for Series 17 Preferred Sharesby Business Wire on March 18, 2024 in News, Pembina Pipeline
CALGARY, Alberta–(BUSINESS WIRE)–Pembina Pipeline Corporation (“Pembina”) (TSX: PPL; NYSE: PBA) announced today that none of Pembina’s Cumulative Redeemable Rate Reset Class A Preferred Shares, Series 17 (“Series 17 Shares”) (TSX: PPL.PR.Q) will be converted into Cumulative Redeemable Floating Rate Class A Preferred Shares, Series 18 of Pembina (“Series 18 Shares”) on March 31, 2024. After [Read more]
- Logan Energy Corp. announces 2023 financial results and reserves, operations update, and upsized credit facilityby CNW on March 18, 2024 in News, Logan Energy, Spartan Delta
CALGARY, AB, March 18, 2024 /CNW/ – Logan Energy Corp. (“Logan” or the “Company“) announces its financial and operating results for the period ended December 31, 2023, and the results of the 2023 year end reserves evaluation and provides an operations update and details of the Company’s upsized revolving credit facility. Selected financial and operational [Read more]
- Lower LNG prices should boost gas demand, executives sayby Reuters on March 18, 2024 in News, Chevron, LNG, Shell, TotalEnergies
Liquefied natural gas (LNG) prices have fallen about a third over the past nine months, propping up demand, which should tighten the LNG market in the near-term, executives said on Monday at the CERAWeek energy conference. LNG prices have tumbled as supplies have swelled. LNG for April delivery into northeast Asia was at $8.60 per [Read more]
- 2023 Reserves Announcement Review – BOE Intelby Liam Robertson on March 18, 2024 in Features, BOE Intel, Crew Energy, Headwater Exploration, Pipestone, Ridgeback Resources, Saturn, Tourmaline
With many companies having now released their 2023 reserves announcements, we wanted to examine the Canadian producers showing the most movement. While changes in reserves are largely attributable to adjustments in commodity pricing expectations (reserves are, after all, based on hydrocarbon resources that are deemed “economic”), we’ve also seen numerous producers making significant acquisitions this [Read more]
- Big Oil executives push back against calls for fast energy transitionby Reuters on March 18, 2024 in News, Equinor, Exxon Mobil, Saudi Aramco, Shell
Top oil executives took to the stage of a major energy conference on Monday to vocally oppose calls for a quick move away from fossil fuels, saying society would pay a steep cost to replace oil and gas. Big oil companies including BP and Equinor have written down renewable energy projects and others have been [Read more]