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Brookfield to buy Johnson Control's half of joint venture as part of new thrust
2015-01-23 15:21:39| Automakers - Topix.net
Brookfield Asset Management Inc. says it's planning to create a new global facilities management business, which will include a Canadian and Australian business that it has jointly owned with Johnson Controls Inc. Brookfield says it will pay US$200 million to buy the other half of the joint venture that it has had with Johnson Controls and then launch its new initiative on a large-scale in the United States and Europe. The company is a Toronto-based alternative asset manager that's focused primarily on real estate, renewable power generation and the forestry sector.
CanElson Drilling cuts capital budget by 80%, reduces dividend by half
2015-01-19 21:23:11| Energy - Topix.net
CanElson Drilling Inc. says it will reduce its quarterly dividend by 50 per cent, defer the completion of three new drilling rigs, and reduce its capital budget by 80 per cent as a result of low crude oil and natural gas prices. The Calgary-based company says activity remains relatively strong its expects both activity and pricing levels to decline in 2015 in response to what appears to be a prolonged decline in global oil prices.
CanElson Drilling cuts capital budget by 80%, reduces dividend by half
2015-01-19 21:03:22| Oil & Gas - Topix.net
CanElson Drilling Inc. says it will reduce its quarterly dividend by 50 per cent, defer the completion of three new drilling rigs, and reduce its capital budget by 80 per cent as a result of low crude oil and natural gas prices. The Calgary-based company says activity remains relatively strong its expects both activity and pricing levels to decline in 2015 in response to what appears to be a prolonged decline in global oil prices.
CanElson Drilling cuts capital budget by 80%, reduces dividend by half
2015-01-19 18:26:01| IT Services - Topix.net
CanElson Drilling Inc. says it will reduce its quarterly dividend by 50 per cent, defer the completion of three new drilling rigs, and reduce its capital budget by 80 per cent as a result of low crude oil and natural gas prices. The Calgary-based company says activity remains relatively strong its expects both activity and pricing levels to decline in 2015 in response to what appears to be a prolonged decline in global oil prices.
Barack Obama plans to cut US methane emissions by nearly half
2015-01-14 21:47:00| Climate Ark Climate Change & Global Warming Newsfeed
Economic Times: The Obama administration has unveiled plans to regulate methane emissions from the country's oil and natural-gas industry by as much as 45 per cent over the next decade. The Environmental Protection Agency (EPA) plans to propose federal regulations to cut methane emissions from the oil and gas sector by 40 per cent to 45 percent by 2025 from 2012 levels, White House and agency officials said yesterday. The move to cut methane emissions from the oil and gas sector, is likley to Climate change...
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