Divest

New York City Looks to Excise Oil Heavyweights From Pension Plans

New York City wants to shut the door on investor-owned fossil fuel funds within five years and is seeking damages from BP plc, Chevron Corp., ConocoPhillips, ExxonMobil Corp. and Royal Dutch Shell plc to protect the city from what it claims are the effects of climate change.

January 11, 2018
Halcon: ‘Progress On All Fronts,’ But Earnings Miss

Halcon: ‘Progress On All Fronts,’ But Earnings Miss

Halcon Resources Corp. is still figuring out the Utica/Point Pleasant play while it is making progress on well completions in the Bakken/Three Forks and adding acreage to its recently announced East Texas Eagle Ford play, CEO Floyd Wilson said Thursday.

May 3, 2013

SM Energy Inks $225M Eagle Ford Asset Sale

SM Energy Co. said it has agreed with undisclosed buyers to divest a portion of its Eagle Ford Shale position.

June 15, 2011

Marbob Deal Complete, Concho Seeks Permian Asset Sale

Concho Resources Inc. said late last week it is looking to divest “certain Permian Basin properties” because they are mostly not in the company’s core areas of operation and because they have a higher per-unit cost than Concho’s existing portfolio of assets.

October 11, 2010

Concho Completes Marbob Deal, Seeks Permian Asset Divestiture

Concho Resources Inc. said Thursday it is looking to divest “certain Permian Basin properties” because they are mostly not in the company’s core areas of operation and because they have a higher per-unit cost than Concho’s existing portfolio of assets.

October 11, 2010

Suncor Shops Third of North American Gas Assets

Calgary-based Suncor Energy Inc. wants to sell about one-third of its North American-weighted natural gas properties, part of a plan to divest up to C$4 billion of oil and gas assets in 2010.

November 16, 2009

Suncor Seeking Gas Asset Buyers

Calgary-based Suncor Energy Inc. wants to sell about one-third of its North American-weighted natural gas properties, part of a plan to divest up to C$4 billion of oil and gas assets in 2010.

November 16, 2009

Constellation to Sell Downstream Gas Trading Operations

With its acquisition by Berkshire Hathaway’s MidAmerican Energy Holdings working its way through the regulatory process and plans to divest itself of its upstream gas assets and international coal and freight businesses already announced, Constellation Energy said Thursday it also intends to sell its Houston-based downstream gas trading operations.

November 10, 2008

Constellation to Sell Downstream Gas Trading Operations

With its acquisition by Berkshire Hathaway’s MidAmerican Energy Holdings working its way through the regulatory process and plans to divest itself of its upstream gas assets and international coal and freight businesses already announced, Constellation Energy said Thursday it also intends to sell its Houston-based downstream gas trading operations.

November 7, 2008

Spectra Energy Divests Alberta Midstream Assets for C$129M

As part of its efforts to divest some of the company’s noncore assets, North American natural gas infrastructure specialist Spectra Energy said its Spectra Energy Midstream subsidiary has entered into an agreement with Keyera Facilities Income Fund (Keyera) under which Spectra Energy Midstream has agreed to sell all of its interests in the Nevis and Brazeau River natural gas gathering and processing facilities, located in Alberta, to Keyera for C$129 million.

October 13, 2008
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