Sentences with phrase «natural gas assets in»

A current example of this is found in the recent Wall Street Journal article about Repsol (PINK: REPYY), the Spanish oil giant, seeking to acquire up to $ 10 billion in oil and natural gas assets in North America so as to have more secure holdings.
R.V. Bailey, CEO of Aspen, said, «Our board of directors has been actively reviewing a range of business alternatives since the divestiture of our California natural gas assets in June of last year.
Murphy has hired an investment bank to explore options for its stake in a Canadian oil sands project as well as its Montney natural gas assets in British Columbia.

Not exact matches

The natural gas exploration company announced that it completed a previously announced sale of the majority of its assets in the Powder River Basin for $ 500 million.
EQT's purchase of Rice would significantly add to its assets in the Marcellus and Utica shale regions, which account for much of the growth in U.S. natural gas production.
In total, the LNG Canada project would represent a total investment of about $ 40 billion, when a new natural gas pipeline — Coastal GasLink — and upstream natural gas assets are included.
UNG's investment objective is for the daily changes in percentage terms of its shares» net asset value to reflect the daily changes in percentage terms of the natural gas price delivered at the Henry Hub, La., as measured by the daily changes in the benchmark futures contract minus expenses.
Prior to Herold he was a VP with private equity firm MMC Energy, where he supported the acquisition of power assets in California, and an LNG / natural gas consultant with Poten & Partners.
If Canada wants to benefit from Asia's development and growth, and remain a relevant and important energy partner in Asia, we must «think big» about exporting to multiple countries within the Asia Pacific, and «think beyond» oil and natural gas to include all of Canada's energy related assets, particularly the renewable and clean technologies that will help Asia mitigate its own climate - change challenges.
The difference, however, is that while foreign companies mostly sold oil assets, they mainly purchased natural gas assets as an adjustment strategy to cope with the anticipated decline in oil prices and even the global oil industry.
Similarly, Bloomberg reported Tuesday that Enbridge Inc. has hired the Royal Bank of Canada to sell some of its natural gas gathering and processing assets in Alberta and B.C. and hopes to raise $ 2 billion from the sale.
«It will also encourage wealthy Nigerians who can afford to buy and therefore rooting for the sale of national assets, to invest in the economy or to set up their own LNG projects, considering the huge reserves of natural gas in the country,» he said.
The lawyer said in his suit that Buhari planned to sell national assets such as the Nigeria Liquefied Natural Gas Ltd, the Nigerian National Petroleum Corporation, the Port Harcourt Refining Group Ltd, the Kaduna Refining Group Ltd, the Warri Refining and Petrochemical Ltd, the Africa Finance Corporation, the East West Rail Lines and the West African Gas Pipelines.
Exelon, headquartered in Chicago, is a $ 31 billion energy services and wholesale power firm with one of the nation's largest nuclear fleets, as well as extensive holdings in natural gas, wind and hydropower generation assets.
And given the current cost competitiveness of natural gas, there is little reason for utilities to include coal in the planning mix for new generation assets, Barnett said.
Schaffer says that the Roan is a «tremendous asset and opportunity for Colorado» and that he supports developing the plateau in a «responsible, environmentally conscious and friendly way» to access all its «clean - burning natural gas
Carbon Natural Gas Company Announces Formation of Carbon California Company, LLC and Acquisition of Oil Producing Assets and Related Financing Block Communications, Inc., (BCI) is a 112 - year - old privately held diversified media holding company headquartered in Toledo, OH.
Low natural gas prices plus BP's Gulf of Mexico disaster made the well - capitalized firm an opportunist in securing low - cost, liquid - heavy assets from distressed sellers.
Enbridge Energy Partners, L.P. owns and operates crude oil and liquid petroleum transportation and storage assets, and natural gas gathering, treating, processing, transportation and marketing assets in the United States of America.
Earlier this month, Enbridge announced a $ 3.2 - billion sale of renewable power facilities and natural gas processing assets in North America, and the company has earmarked another $ 7 billion in divestitures as it aims to bring its debt down to five times EBITDA by the end of the year.
He mentions Norshield Asset Management, a Montreal - based fund of hedge funds that collapsed after allegations of fraud, and Abria Financial Group, which had a fund wiped out after a hedge fund it invested in made a bad bet on natural gas prices.
The company filled the gap with $ 7 billion in new assets that went into service in the past year, including the expansion of the NGTL Pipeline and the Canadian Mainline systems, as well as the Gibraltar, Rayne XPress, Leach XPress and Cameron Access projects in the U.S. natural gas pipeline business.
Asset - based ETFs reflect the value changes in commodities like gold, crude oil, natural gas and agricultural commodities.
I'm wondering whether some or all of the Compton Petroleum assets might now be disposed of as natural gas extraction doesn't really seem to fit in with the MFC's stated corporate mandate.
I definitely don't see it as overvalued... and now the CEO is pretty darn excited about investing in natural gas assets now that everything is really cheap.
Its assets primarily consist of producing and non-producing crude oil and natural gas reserves located primarily in the Antrim Shale in Michigan, the Los Angeles Basin in California, the Wind River and Big Horn Basins in central Wyoming, the Sunniland Trend in Florida, and the New Albany Shale in Indiana and Kentucky.»
Earnings Fortis owns natural gas distribution, electric transmission, and power generation assets in Canada, the United States, and the Caribbean.
Even a wedge of natural gas has some value in this view, since it displaces a huge volume of long - lived coal generation assets, which increases the odds that zero carbon sources will be able to muscle in later.
In addition, this figure does not include the huge cost of new transmission lines; the necessary natural gas fired balancing plants, the loss of revenue from conventional plants due to increased cycling and the cost of stranded conventional assets.
In addition to energy storage, CAISO will be procuring additional regulation and reserve capacity from other assets including natural gas plants and a potential 6,000 MW of hydropower.
CAVT is used in several Synapse analyses to identify and investigate coal units at risk for retirement, including two studies led by Mr. Knight for the Energy Foundation: Displacing Coal: An Analysis of Natural Gas Potential in the 2012 Electric System Dispatch (August 2013), and Forecasting Coal Unit Competitiveness: Coal Retirement Assessment Using Synapse's Coal Asset Valuation Tool (October 2013).
Rogers was also part of the team, under corporate partner Ross Bentley, who acted for Cenovus Energy in its mammoth C$ 17.7 bn acquisition of natural gas assets from ConocoPhillips, notable for being the largest energy asset acquisition ever undertaken in Canada.
We serve the commercial, transactional, regulatory and litigation needs of clients involved in the development, acquisition and sale of energy assets, and the production, transportation, distribution, sale and purchase of energy commodities, including electricity, natural gas including shale gas and LNG, petroleum and coal.
This includes acquisition of upstream assets and operational oil and gas field businesses; negotiation of joint operating agreements, farm - in and farm - out agreements, gas and oil supply arrangements, liquefied natural gas (LNG) off - take agreements, LNG and oil project development, including gas and oil transportation and pipeline arrangements, and petroleum product supplies.
Representation of a North American natural gas pipeline, storage and power company in connection with its acquisition, commercial contracts, and subsequent sale of a U.S. midstream company and natural gas liquids marketing assets, including five gas processing plants, two liquids pipelines and a salt dome storage facility.
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