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.