+ Aecon Group Inc. awarded $123 million contract by Fort Hills Energy L.P. for mine site development at Fort Hills oil sands project
+ Alberta Securities Commission alleged fraud/issued a hearing notice: Neil Chandran and Energy TV Inc., $56 million in illegal trades and distributions
+ AltaGas Ltd. signed a Letter of Intent with B.C. government to distribute LNG in the province, beginning with a first phase in Dawson Creek
+ BP agreed to a deal with China National Offshore Oil Corporation (CNOOC) for US$20 billion in LNG to be shipped from Freeport, Texas
+ Canada’s accounting groups (CAs, CMAs and CGAs … 185,000 of them) are merging to all be called CPAs (Chartered Professional Accountants)
+ Canadian Natural Resources Ltd. considering royalty spinoff
+ Canyon Services Group Inc. agreed to acquire Fraction Energy Services Ltd. for $101.7 million
+ Cequence Energy Ltd. agreed to sell its non-operating Ansell area assets for $141 million to Bonavista Energy Corporation
+ COSIA is partnering with Suncor Energy to develop $165 million water technology development centre at its Firebag facility
+ Enbridge’s Northern Gateway $7.9 billion pipeline project got Government of Canada approval; subject to 209 conditions already set out by Joint Review Panel … considerable opposition in BC … important stage/optics, much work ahead for Enbridge
+ Enbridge Inc. finalized budget estimates for its mainline replacement program at $7.5 billion
+ Encana Corporation closed its $3.1 billion acquisition of Eagle Ford assets from Freeport-McMoRan
+ flooding seems to have by-passed Calgary this year (so far) as June 20th marked the 1st anniversary of the 2013 flood; some southern Alberta communities and the Blood reserve areas suffered damage from creeks and rivers washing out roads & flooding homes – but Calgary river levels have been well contained by riverbank restorations and flow management at Glenmore and Ghost dams
+ Gascana AB Energy Ltd. formed; JV of Asiafic Clean Energy Limited, Quingao Sinoenergy Corporation and Petrox Resources Corp/ – their objective to establish an LNG liquification plant in Alberta
+ General Electric won the bidding war for Alstom; US$13.5 billion deal will involve JV between GE & French government to acquire Alstom’s energy assets
+ Iraq insurgency .. SUNI group ISIS have taken northern cities, seized Baiji refinery, approaching Baghdad under threat of U.S. intervention (300 ‘advisors’ + aircraft carrier standing by for air-strikes) as risk that Suni and Shia groups may break up the country with Al Queda and Iranian factions in the mix .. tic toc
+ McCoy Corporation sold its Mobile Solutions business unit (Peerless) for $14.75 million to Manac Inc.
+ Oando Energy Resources Inc. got approval from the Nigerian government for its $1.65 billion takeover of ConocoPhillips Nigerian oil & gas business
+ Royal Dutch Shell plc sold most of its interest in Woodside Petroleum; selling 19% for US$5 billion
+ Royal Dutch Shell plc signed global strategic alliance agreement with China National Offshore Oil Corporation (CNOOC)
+ SNC-Lavalin agreed to acquired Kentz Corporation Limited for $2.1 billion
+ WesPac Midstream applied to the National Energy Board for an LNG export license (18th application so far, 4 of which have been approved by the NEB)
