Williams Announces Stephen W. Bergstrom Elected Chairman of Its Board of Directors

Bergstrom: “Board focused on positioning Williams to deliver long-term, sustainable shareholder value and growth.” Current Chairman, Dr. Kathleen B. Cooper, to Chair Nominating and Governance Committee TULSA, Okla.–(BUSINESS WIRE)–The Williams Companies, Inc. (NYSE: WMB) (“Williams” or the “Company”) today announced that Stephen W. Bergstrom has been elected Chairman of the Board, effective immediately. Mr. Bergstrom [Read More…]

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Bonterra Energy Corp. Announces Approval of All Resolutions at Annual and Special Meeting of Shareholders and Voting Results

CALGARY, ALBERTA–(Marketwired – May 19, 2017) – Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announced that at its annual and special meeting of shareholders held on May 18, 2017, a total of 23,578,991 shares, representing 70.78% of common shares outstanding, were represented in person or by proxy. Shareholders approved all resolutions listed in the management information circular [Read More…]

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Callon Petroleum Company Announces Launch of $150 Million Placement of Additional Senior Unsecured Notes

NATCHEZ, Miss., May 19, 2017 /PRNewswire/ — Callon Petroleum Company (NYSE: CPE) (“Callon” or the “Company”) today announced, subject to market and other conditions, it intends to offer an additional $150 million aggregate principal amount of its 6.125% senior unsecured notes due 2024 (the “Additional Notes”) in a private placement to eligible purchasers under Rule [Read More…]

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Canada’s Permian of the North Roused by Cheap Gas Drilling

Drilling rigs and roughnecks are hot commodities once again across the Montney shale formation in northern British Columbia and Alberta, and companies like Grimes Well Servicing Ltd. are having a hard time keeping up with demand. That’s because the Montney, unlike many parts of Canada’s oil and gas region, is seeing a surge of investment [Read More…]

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Milan steel fair gripped by talks on ILVA impact, import curbs

Steel industry participants gathered at Made in Steel fair in Milan, Italy, this week ahead of large changes expected in the Italian and wider European steel industry.

Key producer ILVA’s new ownership is expected to be revealed at any time and EU and US trade protectionism is on the rise.

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The Barrel Blog

Noble Energy’s $765 Million Midstream Deal To Pay Delaware Basin Tab

Less than two weeks after agreeing to sell its Marcellus Shale upstream assets, Noble Energy Inc. (NYSE: NBL) plans to complete its Appalachia exit with a deal to sell its midstream assets for triple its investment. A Quantum Energy Partners’ portfolio company will buy Noble’s CONE Midstream Partners LP (NYSE: CNNX) gathering system for $765 million, the companies said May ...