Mobil Canada and Imperial Oil Ltd. said yesterday that as ofNov. 15 the companies will form a strategic business alliance tocreate synergies while pursuing new oil and gas production venturesin Canada. Although it is not a merger, the companies will sharecommon business and operational support services.
Pursuing
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Richardson Visits Venezuela, Mexico; Names Staff
New U.S. Energy Secretary Bill Richardson said two importantitems he would be pursuing in his visits last week to Venezuela andMexico would be the hemispheric integration of energy policy andthe possibility of a common electric grid. He added it is highlysignificant and symbolic that this first official call on foreigngovernments as Energy Department head will be to the two LatinAmerican nations most important to U.S. energy interests.
October 26, 1998
Richardson Heads for Venezuela, Mexico
New U.S. Energy Secretary Bill Richardson said two importantitems he will be pursuing in his current visits to Venezuela andMexico will be the hemispheric integration of energy policy and thepossibility of a common electric grid. He added it is highlysignificant and symbolic that this first official call on foreigngovernments as Energy Department head will be to the two LatinAmerican nations most important to U.S. energy interests.
October 20, 1998
Amber, AEC Agree On Merger Terms
Amber Energy’s board has accepted a revised merger offer fromAlberta Energy Co. (AEC) and said it will cease pursuing the saleof some of its midstream assets.
October 19, 1998
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