Heritage Petroleum News

Oil & Gas News for energy industry professionals.

PNC Financial Services Group Inc. Has $1.77 Million Stake in Cabot Oil & Gas Co.

PNC Financial Services Group Inc. grew its holdings in shares of Cabot Oil & Gas Co. by 11.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.

Minnesota regulators near decision on disputed oil pipeline

In this Aug. 21, 2017, file photo, automated welding takes place as sections of the replacement Enbridge Energy Line 3 crude oil pipeline are joined together in Superior, Wis. Minnesota regulators open two days of final arguments Monday, June 18, 2018, on whether they should approve Enbridge Energy's proposal for replacing its deteriorating Line 3 crude oil pipeline from Canada across Minnesota.

Minnesota regulators near decision on disputed oil pipeline

Minnesota regulators open two days of final arguments Monday on whether they should approve Enbridge Energy's proposal for replacing its deteriorating Line 3 crude oil pipeline from Canada across Minnesota. The plan has aroused intense opposition from tribal and climate-change activists who are encouraging supporters to pack the hearing room.

Minnesota regulators near decision on disputed oil pipeline

Minnesota regulators will open two days of final arguments on whether they should approve Enbridge Energy's proposal for replacing its deteriorating Line 3 crude oil pipeline from Canada across Minnesota. The proposal has aroused intense opposition from tribal and climate change activists.

British Columbia Investment Management Corp Buys 22,556 Shares of Noble Energy, Inc.

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its stake in shares of Noble Energy, Inc. by 10.0% in the first quarter, HoldingsChannel.com reports. The fund owned 247,889 shares of the oil and gas development company's stock after purchasing an additional 22,556 shares during the period.

Weatherford International plc (WFT) Short Interest Update

Weatherford International plc saw a significant drop in short interest in the month of May. As of May 31st, there was short interest totalling 139,300,280 shares, a drop of 4.2% from the May 15th total of 145,425,917 shares. Based on an average trading volume of 13,902,341 shares, the days-to-cover ratio is presently 10.0 days.

Schlumberger Limited. (SLB) Stake Lessened by Gratus Capital LLC

Gratus Capital LLC lessened its stake in shares of Schlumberger Limited. by 14.9% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission.

Cabot Oil & Gas Co. (COG) Position Lessened by Northwestern Mutual Investment Management Company LLC

Northwestern Mutual Investment Management Company LLC lowered its position in shares of Cabot Oil & Gas Co. by 19.7% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission.

Rick Perry Wants to Help Argentina Be More Like Texas

Energy Secretary Rick Perry will help Argentina connect with U.S. companies that have shale oil and gas expertise as President Mauricio Macri -- facing a natural gas trade deficit -- hurries to replicate the success of the Permian Basin, in Perry's home state of Texas. Fostering energy production from a regional ally will bolster the geopolitical influence of the U.S., Perry told reporters in Bariloche, Argentina.

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