Sentences with phrase «of natural gas assets»

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.

Not exact matches

The owners of the Dampier to Bunbury natural gas pipeline have taken direct control of asset management activities that previously were run by Babcock & Brown Infrastructure subsidiary Westnet Energy.

«While asset monetizations enhance our liquidity, sales of producing natural gas and oil properties adversely affect the amount of cash flow we generate and reduce the amount and value of collateral available to secure our obligations, both of which are exacerbated by low natural gas prices..

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.

Loeb recently told Third Point fund investors that shares of the oil and gas company could be 60 percent higher, and he outlined changes it could make to add value, such as spinning off its retail business or selling its Canadian natural gas assets.

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.

The combined oil and natural gas entity was renamed Alta Mesa Resources and boasts upstream assets of around 130,000 net...

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.

The Company's portfolio of assets includes approximately 24,300 megawatt (MW) of generating capacity; 6,500 miles of electric transmission lines; 57,300 miles of electric distribution lines; 12,200 miles of natural gas transmission, gathering and storage pipeline, and 22,000 miles of gas distribution pipeline, exclusive of service lines.

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.

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.

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.

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.

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.

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.

A map of its assets is below and includes details on what type of play it is, natural gas or liquids.

Its portfolio of assets includes conventional oil, oil sands, heavy oil, and natural gas pipelines, natural gas processing plants, fractionators, and midstream storage facilities, and it's a top pick of my Foolish colleague Jason Phillips.

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.

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.

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.

Securitization includes a diverse array of assets, such as residential and commercial mortgage loans, trade receivables, credit card balances, consumer loans, lease receivables, automobile loans, insurance receivables, commercial bank loans, health care receivables, obligations of purchasers to natural gas producers, future rights to entertainment royalty payments and other consumer and business receivables.

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.»

[Onshore US assets might command a higher value, but that's offset by the substantial % of natural gas reserves & the fact Aminex has a weak hand as a seller].

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.

Unfortunately, that's a distinction that some other supporters of the carbon asset bubble meme don't seem to make, particularly with regard to oil and natural gas.

It assumes that the valuation of oil and natural gas company assets is based on a timeline extending to 2050 when the bubble would supposedly burst.

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.

This starts with a view that U.S. oil and natural gas abundance — thanks to plentiful shale reserves and hydraulic fracturing — is a national asset to be supported and expanded, its benefits distributed to all parts of the country via 21st century infrastructure.

It thereby (1) raises questions about reliability, cost, and stranded assets, (2) will lead to an increased deployment of natural gas plants that will freeze out renewables for a decade or more, and (3) imposes legal uncertainty that will cause resistance, litigation, and bad short term decisions.

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.

Baseload power (i.e. coal and nuclear) interests that are being edged out by more competitive natural gas power generators are increasingly relying on the powerful emotion of fear to draw policymaker support for their struggling assets.

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).

Natural gas, generally, emits half the amount of CO2 per unit of electricity as oil does, so it makes sense for big petroleum companies to lean on this resource more as a way to position their respective asset mixes as lower carbon and secure an even larger piece of the global carbon budget.

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.

Advising Barclays on its sale of US power and natural gas commodities trading assets to Citigroup Energy.