Heritage Petroleum News

Oil & Gas News for energy industry professionals.

Schlumberger reports 2Q loss

This Oct. 18, 2007, file photo, shows a sign tower at the entrance to Schlumberger's Sugar Land, Texas campus. Schlumberger Ltd. reports earnings, Friday, July 21, 2017.

Trump legal team looking to investigate Mueller aides

Sen. Joe Manchin, D-W.Va., center, a member of the Senate Intelligence Committee, leaves after a closed-door meeting of that panel on Capitol Hill in Washington, Thursday, July 20, 2017. The Senate intelligence committee has scheduled perhaps the most high-profile testimony involving the Russian meddling probes since former FBI Director James Comey appeared in June.

Carrizo Oil & Gas, Inc. (Crzo) Downgraded to Neutral at J P Morgan Chase & Co

They presently have a $21.00 target price on the oil and gas producer's stock, down from their prior target price of $30.00. J P Morgan Chase & Co's target price would suggest a potential upside of 32.49% from the company's previous close.

NEB to reconsider B.C. natural gas pipeline jurisdiction: judge rules

A Federal Court of Appeal judge has ruled the National Energy Board must reconsider whether a proposed TransCanada Corp. natural gas pipeline in B.C. falls under provincial or federal jurisdiction. The Prince Rupert Gas Transmission Project, a roughly 900-kilometre proposed pipeline from Hudson's Hope, B.C., to a facility on the province's Lelu Island, has already received provincial approvals.

Most actively traded companies on the TSX

Yamana Gold Inc. . Miner. Up four cents, or 1.27 per cent, to $3.20 on 5.3 million shares.

No decision on charges against Husky as oil spill cleanup nears end: Sask. gov't

The amounts of remaining oil to clean up from the 2016 Husky Energy oil spill "are relatively small and isolated," according to the Saskatchewan government. Prosecutors with the Saskatchewan government are still mulling whether to press charges against Husky Energy for the pipeline oil spill that was detected exactly one year ago, the government says.

Exxon fined for Russia sanctions violations under Tillerson

The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, Dec. 30, 2015. The Treasury Department fined ExxonMobil Corp. $2 million for "egregious" violations of sanctions against Russia when now-Secretary of State Rex Tillerson still was chief executive.

Adnoc hires banks for fuel retailer IPO: sources

Abu Dhabi National Oil Company has picked a local bank and three foreign lenders as bookrunners for the planned initial public offering of its retail unit that could raise $1.5 billion to $2 billion, sources said on Thursday. The listing for ADNOC Distribution, which manages petrol stations as well as convenience stores across the United Arab Emirates , comes as Abu Dhabi joins other Gulf states, such as Saudi Arabia and Oman, in privatizing energy assets.

Cambridge Investment Research Advisors Inc. Buys 180 Shares of Cabot Oil & Gas Corporation

Cambridge Investment Research Advisors Inc. increased its stake in shares of Cabot Oil & Gas Corporation by 1.9% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 9,646 shares of the oil and gas exploration company's stock after buying an additional 180 shares during the period.

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