Rigzone Industry News

Pine Cliff at the same time entered into a three-year secured term debt facility provided by a private institutional investor to fund a portion of the purchase price.

The company has announced a near-field discovery on its 100 percent owned Ravenspurn South asset.

'At the board level we have already approved going forward with a bond issuance worth $1 billion'.

Pembina is acquiring all of Enbridge's interests in the Alliance, Aux Sable, and NRGreen joint ventures for approximately $2.3 billion (CAD 3.1 billion).

The project's second phase aims to produce 15,000 metric tons of LPG at the Batanga facility.

The fields, proven to be high-quality oil and gas reservoirs, are located in adjacent areas previously discovered by the company.

Powell Industries had $54.5 million in net income for fiscal year 2023.

Prospera Energy Inc. has completed gross overriding royalty (GORR) financing for $2.21 million (CAD 3 million).

The FTC launched a probe into the ExxonMobil-Pioneer merger.

The Rockefeller Foundation's Coal to Clean Credit Initiative is leveraging carbon finance in phasing out a coal-fired power plant earlier than scheduled.