Estonia’s state-owned power producer, Enefit Green AS, has secured a $191.93 million (EUR 180 million) loan from the European Investment …
Lycos to Acquire Alberta’s DCEL for $16.7MM
Alberta-based Lycos Energy Inc. is set to acquire Durham Creek Exploration Ltd. (DCEL), a privately-held heavy oil producer, in a …
Athabasca Closes Sale of Non-Core Oil Assets in Montney, Duvernay Plays
Athabasca Oil Corp. has successfully finalized the sale of its non-core light oil assets at Placid, Saxon, and Simonette. The …
Tullow Oil’s H1 Profit Slumps, Production Outlook Narrowed
Tullow Oil, a leading company in the oil and gas industry, has reported a profit after tax of $70 million …
Chevron Acquires Majority Stake in Utah Hydrogen Project
Chevron USA Inc., through its Chevron New Energies division, has successfully acquired a 100 percent stake in Magnum Development LLC …