Finances

Canadian Finance Minister Offers to Cover Trans Mountain Delay Losses

Canadian Finance Minister Offers to Cover Trans Mountain Delay Losses

Canadian Finance Minister Bill Morneau on Wednesday announced an offer to cover any losses suffered by Kinder Morgan Canada due to political resistance against its Trans Mountain Pipeline expansion project across British Columbia.

May 16, 2018

People — Range Resources CFO

Range Resources Corp.has announced that CFO Roger S. Manny plans to retire in May after 14 years working on the company’s senior management team. The company has appointed Mark S. Scucchi, currently vice president of finance, to serve as his replacement. Scucchi joined Range in 2008 to work in corporate finance, treasury and planning. He previously worked in commercial and investment banking services at JPMorgan Securities Inc.

November 10, 2017
Weatherford’s McCollum Rewriting Script to Change Perceptions, Company’s Fortunes

Weatherford’s McCollum Rewriting Script to Change Perceptions, Company’s Fortunes

Weatherford International plc’s missteps and wrong turns, financially and management-wise, turned investors away over the last few years, but the company has a renewed purpose as it locks on to opportunities ahead, the newly installed CEO said.

August 11, 2017

TransCanada Loses Round in Mainline Toll Battle

TransCanada Corp. has lost the second round of its years-long contest with natural gas shippers over proposed restructuring of finances and services for its shaky Mainline from Alberta to Ontario, Quebec and export routes to the Midwest and eastern United States.

June 17, 2013

It’s Strike Two for TransCanada in Mainline Toll Battle

TransCanada Corp. has lost the second round of its years-long contest with natural gas shippers over proposed restructuring of finances and services for its shaky Mainline from Alberta to Ontario, Quebec and export routes to the Midwest and eastern United States.

June 14, 2013

S&P Bumps Up Ratings for Plains E&P

Expectations for improved results in California and in its shale plays, along with tightening of its finances, caused Standard & Poor’s Ratings Services (S&P) to increase its ratings and outlook on Houston-based midsize exploration and production (E&P) company, Plains Exploration & Production Co. (PXP), the rating agency announced earlier in November.

November 22, 2011

TransCanada Toll Reform Battles Market Change

A multi-sided battle is taking shape before Canada’s National Energy Board (NEB) over plans to overhaul the finances and tolls of Canada’s principal long-distance west-to-east natural gas transporter.

January 3, 2011

TransCanada Toll Reform Battles Market Change

A multi-sided battle is taking shape before Canada’s National Energy Board (NEB) over plans to overhaul the finances and tolls of Canada’s principal long-distance west-to-east natural gas transporter.

January 3, 2011

S&P: Gas Utility Growth Slows, Finances Strong

While customer growth has slowed with the economic downturn during the past 18 months, credit and finances for natural gas distribution companies look strong, according to a report by Standard & Poor’s Ratings Services (S&P) released earlier in January. The rating agency expects supportive regulatory decisions and continued access to capital market for the gas utility industry, the report said.

January 25, 2010

S&P: Gas Utilities Growth Slows, Finances Stay Strong

While customer growth has slowed with the economic downturn during the past 18 months, credit and finances for natural gas distribution companies look strong, according to a report by Standard & Poor’s Ratings Services (S&P). The rating agency expects supportive regulatory decisions and continued access to capital market for the gas utility industry, the report said.

January 21, 2010
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