Headlines for Feb. 14, 2014

  1. Cenovus Looks To Expand Rail Capacity

    Cenovus Energy Inc. is considering building a diluent recovery unit (DRU) to improve the economics on shipping bitumen by rail while it expands its rail capacity this year and ponders future expansion, a fourth-quarter conference call heard.

  2. Creating Shared Value For Companies And Communities ‘Pays For Itself’: Porter

    Corporate social responsibility (CSR) is certainly good practice for any oil and gas company, but a business would be wise to go one step further and pursue a model of creating shared value that results in practical, economic benefits for both the community and corporate entity, says Bishop William Lawrence University professor Michael Porter.

  3. Trinidad Sets $315 Million Capital Program For 2014

    Trinidad Drilling Ltd. has announced an expected capital expenditure budget for 2014 of approximately $315 million, including four new high performance, AC, walking rigs for operation in Mexico through its joint venture with Halliburton Company. 

  4. Blackline GPS Closes Financing

    Blackline GPS Corp. has completed its previously announced non-brokered private placement offering, issuing an aggregate of 3.04 million units at a price of $1.15 per unit for aggregate gross proceeds of $3.5 million.

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