+ Alliance Pipeline Inc.’s mainline natural gas pipeline up and running after isolating and flaring H2S problem
+ ATB – daily economist’s outlook
+ Birchcliff Energy Ltd. reduced its 2015 CapEx Budget to $250 million from $266.7 million
+ BP Plc refinery breakdown near Chicago disrupted Midwest U.S. markets, pushing down demand for Canadian crude and pushing up gasoline prices; refining 270,000 barrels/day of heavy crude suddenly stopped sent ripples through the market
+ Calgary Flames will announce details today on the ‘CalgaryNEXT’ proposal that will include a new arena, domed football facility and a public fieldhouse; location expected to be ‘west village’ site assembled by the City. Premier Notley says she has an open mind about Provincial support for the project. Meanwhile, the City of Calgary has engaged consultants to scope out the site for creosote remediation costs – seems but one of many very expensive parts of a complex problem .. stay tuned!
+ China devalued its currency sending markets roiling, politicians boiling .. you get the picture
+ Crescent Point Energy Corp. reduced its 2015 CapEx Budget by $100 million to $1.45 billion
+ Crescent Point Energy Corp. closed its acquisition of Coral Hill Energy Ltd.
+ current energy prices – live link to Bloomberg energy prices ; crude slid to a six year low Aug 14th as U.S drilling rose and OPEC members keep pumping supply into an oversupplied market, and Asian demand seems poised to weaken …
+ Fraser Institute report Safety in the Transportation of Oil and Gas says pipelines are 4.5 times safer than rail
+ Greek bailout yucky-ness-mess continues; IMF (only key party to not pony up a Euro yet) is calling on Eurozone countries to offer debt relief (that means forgiveness) to Greece … tic toc, again, still …
+ Lonestar West Inc. acquired Hewitt Specialty Services LLC for US$1.3 million
+ Marquee Energy Ltd. agreed to acquire Banff land rights and infrastructure for $11.98 million
+ National Energy Board approved Pieridae Energy (Canada) Ltd.’s LNG export license; 20 yr. rights to import natural gas from the U.S. and export from the proposed LNG terminal at Goldboro, Nova Scotia
+ Royal Dutch Shell got U.S. government approval for its offshore Alaska drilling program
+ Terex Corporation agreed to merge with Konecranes in a share swap deal; new firm will be Konecranes Terex
+ Tourmaline Oil Corp. completed its acquisition of Mapan Energy Ltd.
+ Trican Well Service Ltd. agreed to sell its Russian pressure pumping business to Rosneft Oil Company for $181.6 million
+ Trinidad Drilling Ltd. closed its acquisition of/merger with CanElson Drilling Inc.
+ Waldron Energy Corporation in receivership by court order; FTI Consulting Canada Inc. is Receiver/Manager; Waldron’s entire board resigned