Daily Archives: June 10, 2016

Petrel accepts new Irish licenses

Petrel Resources plc has formally accepted two new licensing options awarded in the Porcupine basin offshore Ireland, as part of phase two of the 2015 Atlantic Ireland licensing round. Read Full Article Here For more great articles: Offshore RSS Feed

Ontario Becomes Third in Canada to Support NGV Deployment

By NGV Global CNGVA Offers Resources The Canadian Province of Ontario is joining Quebec and British Columbia as the third Canadian jurisdiction that has chosen natural gas for medium and heavy vehicles as a key element in their climate change plans. Transportation represents one of the largest challenges Ontario faces in achieving its emission reduction…

Gasum to Invest in Finnish Low-Emission Road Fuel Market

By NGV Global Finnish gas retailer Gasum is joining ‘Society’s Commitment to Sustainable Development’, a national initiative which enables the Finnish government and administration, along with Finnish companies, organizations, political and academic communities and individuals to make their own pledges to promote sustainable development. Gasum is giving an operational commitment in two parts, one of…

Halcon seeks restructuring-support approvals

Halcon Resources Corp., Houston, has entered a restructuring-support agreement with holders of some of its debt that, if implemented, would eliminate about $1.8 billion of net debt and $222 million of preferred equity and cut its interest burden by more than $200 million/year. Read Full Article Here For more great articles: Oil & Gas Journal…