Equinor further focuses NCS portfolio

Equinor has been declared the provisional winner of one of the three leases offered in the US government’s wind lease sale for an area offshore the Commonwealth of Massachusetts.   Equinor submitted a winning bid of USD 135 million for lease OCS-A 0520, during the online offshore wind auction concluded today by the US Department of the Interior’s Bureau of Ocean Energy Management (BOEM).   Equinor will now have the opportunity to

Primary Logo

PLANO, Texas, Dec. 14, 2018 (GLOBE NEWSWIRE) — Torchlight Energy Resources, Inc. (TRCH) (“Torchlight” or the “Company”), today announced that the Company has completed the drilling phase of the A39 #1 well in its Orogrande Basin drilling program with operator Maverick Operating and drilling partner Wolfbone Properties. The A39 #1 was drilled to a vertical depth of 4,035 feet and casing was set. Well logs and core samples were taken prior to casing

Employees wade through the wetlands of Galveston Bay

MPC recently awarded $150,000 to the American Red Cross of Alaska for a new Emergency Response Vehicle (ERV). The next generation ERV will be specially equipped for the Alaskan climate and will expand existing capacity for a broader response reach across the state. Kenai Refinery VP Cameron Hunt and Government and Public Affairs Manager Casey Sullivan presented the check to the Red Cross at a meeting of the Anchorage Chamber of

Hess Completes Sale of Utica Acreage

Focus on High Return Investments to Deliver Capital Efficient Production Growth and Significant Future Free Cash Flow NEW YORK–(BUSINESS WIRE)–Dec. 10, 2018– Hess Corporation (NYSE:HES) today announced a 2019 E&P capital and exploratory budget of $2.9 billion. Of this, approximately 75 percent will be allocated to high return growth assets in the Bakken and Guyana. Net production is forecast to average between 270,000 and 280,000 barrels of oil equivalent per

Equinor further focuses NCS portfolio

These transactions are calibrated as a balanced swap when it comes to value with no cash consideration. “The net effect of our agreement with Faroe is to upgrade Equinor’s portfolio in line with our updated roadmap for the NCS. We are strengthening our operated position in the prolific Njord area, which we believe continues to have considerable upside potential. We remain operator and majority equity holder in Alve which is

Proxy Advisory Firms Recommend Approval of NuStar Energy and NuStar GP Holdings Proposed Merger Transaction

Divestiture Part of NuStar’s Comprehensive Plan to Lower Debt and Deliver Strong, Sustainable Distribution Coverage SAN ANTONIO–(BUSINESS WIRE)–Nov. 30, 2018– NuStar Energy L.P. (NYSE: NS) announced today that it has closed on the sale of its European terminals and related assets to Inter Terminals Ltd., which is Inter Pipeline Ltd.’s European storage subsidiary, for $270 million, plus normal closing adjustments. The operations include six liquids storage terminals in the United

Bonanza Creek to Participate at the 2018 Johnson Rice Energy Conference

DENVER, Nov. 28, 2018 (GLOBE NEWSWIRE) — Bonanza Creek Energy, Inc. (NYSE: BCEI) (the “Company”) announced today that the Company will participate at the Capital One Securities 13th Annual Energy Conference in New Orleans, Louisiana, on December 6, 2018. The Corporate Presentation being used will be accessible on the Company’s website at www.bonanzacrk.com under the Investor Relations section. About Bonanza Creek Energy, Inc. Bonanza Creek Energy, Inc. is an independent