Harvest Energy Trust (TSX:HTE.UN) (NYSE:HTE) reported the Alberta Court of Queens Bench granted a final order approving the October 21, 2009 announced plan of arrangement involving the Trust and Korea National Oil Corporation.
Reef Resources Ltd. (TSX VENTURE:REE) reported the Bi-Weekly Default Status Report pursuant to section 4.4 of National Policy 12-203, the “Alternative Information Guidelines.
On Monday, Commodity trader Glencore has made an unconditional offer for all the shares of Singapore fuel trader Chemoil Energy Ltd (CHEL.SI).
U.S. January crude futures to remain unstable after eight straight down sessions, making tentative moves up even as crude oil nearby months and London’s Brent crude were rising.
On Monday, the Shanghai Securities News reported that China Petroleum & Chemical Corp, or Sinopec is unlikely to buy overseas oil and gas assets from its parent this year as such an asset injection is a complicated process.
On Monday, U.S. crude futures fell $1.01 to $68.86 a barrel in electronic trade. This was fall out of worries over high oil inventories and a stronger dollar.
On Friday, South Korea’s top oil refiner SK Energy (096770.KS) reported that the company plans to shut some of its crude distillation units (CDUs) between May and July next year.
On Friday, important oil executives from the world’s largest energy firms assembled amid tight security at Iraq’s Oil Ministry to compete for deals to develop some of the country’s most prized oilfields.
Petro Vista Energy Corp. (TSX VENTURE:PTV) announced that the company has commenced drilling operations on a new development well 7-TTG-1DP-SES at the Tartaruga Oil Field in Brazil.
OPTI Canada Inc. (TSX:OPC) (OPTI) reported today that the company has approved a $120 million capital program for 2010.
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