Oil and gas industry news

100 Feared Dead in Nigerian Pipeline Fire

Thu, 15 May 2008 20:48 GMT

By WILL CONNORS LAGOS, Nigeria â More than 100 people were feared dead on Thursday after a construction vehicle struck an oil pipeline on the outskirts of ...

Industry: Oil, gas rules could cost consumers billions - The Aurora Sentinel Daily Sun

Thu, 15 May 2008 20:34 GMT

Industry: Oil, gas rules could cost consumers billions
The Aurora Sentinel Daily Sun, CO - 15 minutes ago
The report is part of the information from the industry in preparation for hearings later this month and over the summer on a comprehensive rewrite of ...

FG Moves to Improve Domestic Gas Supply

Thu, 15 May 2008 20:16 GMT

Kingibe said government was presenting between 20 and 30billion dollar infrastructure investment opportunity, adding that the Oil and Gas Committee, ...

Calvalley Petroleum - 2008 First Quarter Results

Thu, 15 May 2008 20:01 GMT

CALGARY, May 15 /CNW Telbec/ - Calvalley Petroleum Inc., (TSX: CVI.A) Calvalley Petroleum Inc. (the "Company" or "Calvalley"), an international junior oil and gas company based in Calgary, Alberta,...

Oil pipeline explosion kills at least 100

Thu, 15 May 2008 19:28 GMT

AT least 100 people were killed and scores injured when fuel from a pipeline ruptured by a bulldozer caught fire and exploded today in a village near Nigeria's biggest city of Lagos, the Red Cross sai...

Commodity News Center. Com Market Summary

Thu, 15 May 2008 19:14 GMT

Crude oil closed modestly lower today, with the June contract settling 10 cents lower at $124.12 a barrel. Larger than expected build in U.S. natural gas inventories pulled crude lower after rallying $2 higher early in the session.

Natural Gas Weekly Update - May

Thu, 15 May 2008 19:06 GMT

Liberty currently provides hub services on its associated pipeline, which is connected to Transcontinental Gas Pipe Line (Transco), Tetco, Tennessee Gas ...

UPDATE 1-INTERVIEW-Suez pushes Peru natgas pipeline

Thu, 15 May 2008 18:07 GMT

PA: Quote, Profile, Research) is willing to be flexible over where it builds a natural gas pipeline in Peru and is confident its merger with Gaz de France ...

Richards Oil & Gas Limited Announces Resignation of Officers

Thu, 15 May 2008 17:04 GMT

CALGARY, May 15 /CNW/ - Richards Oil & Gas Limited (the "Company"), (TSX Venture: RIX) announces that Mr. Brad Van Den Bussche, Vice President Exploration and Mr. Eric Allen, Vice President Operatio...

Trafalgar Energy Ltd. releases first quarter results

Thu, 15 May 2008 17:04 GMT

CALGARY, May 15 /CNW/ - Trafalgar Energy Ltd. (TSX:TFL) ("Trafalgar" or the "Company") is pleased to announce the unaudited financial results for the quarter ended March 31, 2008.

Sterling reports first quarter 2008 results and looks forward to active second half

Thu, 15 May 2008 17:04 GMT

CALGARY, May 15 /CNW/ - Sterling Resources Ltd. (TSX-V: SLG). Following its recent drilling success in 2007, Sterling Resources has been focused on progressing the development of its two offshore g...

Progress Energy Trust Confirms May Distribution

Thu, 15 May 2008 17:04 GMT

CALGARY, May 15 /CNW/ - (TSX-PGX.UN) - Progress Energy Trust ("Progress" or the "Trust") today confirmed a distribution of $0.10 per Trust unit for the month of May. The distribution will be paid on...

True Energy Trust Confirms June Distribution & Announces Increase to Exchangeable Share Ratio

Thu, 15 May 2008 17:04 GMT

TSX: TUI.UN CALGARY, May 15 /CNW/ - True Energy Trust ("True" or the "Trust") confirms that the cash distribution for the month of May will be $0.04 per unit, to be paid on June 16, 2008 to all un...

Flint Energy Services Ltd. Announces First Quarter Earnings

Thu, 15 May 2008 17:04 GMT

(TSX: FES) CALGARY, May 15 /CNW/ - Flint Energy Services Ltd. (the "Company" or "Flint") reported Flint's net earnings for the three months ended March 31, 2008 were $18.4 million ($0.38 per commo...

revenues climb 25% and net earnings jump 83.3%

Thu, 15 May 2008 17:03 GMT

TSX: PBC MONTREAL, May 15 /CNW Telbec/ - Pebercan Inc. (the "Company") (TSX: PBC) today unveiled its results for the first quarter ended March 31, 2008. All amounts are in U.S. dollars.