Crescent Point Energy Corp., has announced to acquire all of the issued and outstanding shares of Legacy Oil and Gas Inc. Total consideration is approximately $1.53 Billion, comprised 18.97 million Crescent Point common shares to cover the $967 million of net debt, estimating and including all transaction costs. View the full release here.
News: Crescent Point Debt Deal with Legacy Oil $CPG Read More »
Chevron Corp., claims that, the firm would share the costs with consumers for Cleaner and cheaper gasoline as required for the South Africa projects. The Chevron South Africa Chairwoman Nobuzwe Mbuyisa said, having substantial costs of Gasoline processes it needs to be shared with consumers. View the full release here.
News: Chevron Needs Cost Sharing Process $CVX Read More »
Bloomberg reported that Exxon Mobil has supported as an outsider in lobbying for Iranian sanctions by US. The firm has completely denies being involved in any activity like that, it is still looking forward to Iranian Oilfields. View the full release here.
News: Exxon Denies Lobbying against Iran $XOM Read More »
Baker Hughes inc., a leading oilfield services firm, said that its Rig Count has fallen by 3 points to 885. Besides, Alaska, California, Colorado, Texas, Utah and Wyoming rig counts remain unchanged. View the full release here.
News: Baker Hughes Rig Count Drop $BHI Read More »
Marathon Petroleum Corp. confirms a minor electricity shutdown disrupted operations at its Garyville, La., refinery, one of the largest in U.S. The refinery is the third largest in US. View the full release here.
Marathon Faces Power Outage $MPC $XLE Read More »
