BP sells Canadian natural gas unit for $1.6B bi13672379 BP PLC has sold natural gas business to a company called Plains Midstream for $1.67 billion

BP offloads Canadian NGL unit for US$1.6B bi13672379 BP said selling natural gas liquids business to Plains All American for $1.67 billion as part of programme to dispose off non-core assets to raise US$45-billion to pay for Gulf of Mexico oil spill..

Barclays starts mid-cap Canadian oil and gas comapnies bi13672379 (Reuters) - Barclays Capital started coverage of several exploration and production companies, including PetroBakken Energy , a positive stance, saying the industry well-positioned low-risk growth and attractive dividend yields. "With the number of companies the sector having nearly halved size over the past five years, we believe the survivors are generally of high ..

BP selling Canada Gas unit to Plains Midstream for $1.67 billion bi13672379 CALGARY - BP PLC selling natural gas liquids business for nearly US$1.7 billion but remains a major player the oilpatch interests oilsands and significant other exploration businesses

Barclays starts mid-cap Canadian oil and gas companies bi13672379 Barclays Capital started coverage of several exploration and production companies, including PetroBakken Energy (PBN.TO: Quote), a positive stance, saying the industry well-positioned low-risk growth and attractive dividend yields

Nordic Oil and Gas Announces Third Quarter and Nine-Months Financial Results bi13672379 Nordic Oil and Gas Announces Third Quarter and Nine-Months Financial Results for 2011..

TAMM Oil and Gas Corp. Closes a Major New Joint Venture Agreement With a Priv bi13672379 CALGARY, ALBERTA-- - TAMM Oil and Gas Corp. pleased to provide an update to the Manning Heavy Oil Project.TAMM has reached agreements a private UK Corporation Major Oilsands Lease holdings ..

Fox Resources Completes Acquisition of Oil and Gas Interests Montana; Chan bi13672379 VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 1, 2011) - Fox Resources Ltd. (TSX VENTURE:FAX) (the "Company") pleased to announce that the Company has completed the following milestones connection the Company's acquisition (the "Acquisition") of Big Sky Operating LLC ("Big Sky"), a private company oil and gas interests Montana:..

JVs help oil sands developers take on riskier projects: S&P bi13672379 The recent pace of M&A North America?s oil and gas industry has slowed down considerably 2011 compared to the past few years, but overall has boosted the prospects of oil sands developers and allowed them to get the financial breathing space to develop riskier projects..

Canadian Oil Sands' 2011 Cash Flow from Operations Up 54 Per Cent from 2010 bi13672379 CALGARY, ALBERTA-- - Oil Sands Limited All financial figures are unaudited and dollars unless otherwise noted.Highlights for the three and 12-month period ended December 31, 2011: -- Cash flow from operations was $363 million ..

Analysis: Canadian oil price spreads painful, not permanent bi13672379 CALGARY, Alberta (Reuters) - Tight oil pipeline capacity, surging output Canada and North Dakota and reported refinery outages have pushed discounts for crude to new depths, but the painful spreads for producers won't likely be permanent. Light synthetic crude for March delivery was selling for a bargain-basement $20 a barrel under benchmark West Texas Intermediate crude on ..

Canada loses oil discount bi13672379 The widening discounts dragging down the price of oil are providing a glimpse at what the future looks like new pipelines like Keystone XL aren?t built..

Canadian Natural's oil sands plant shut for repair bi13672379 CALGARY, Alberta (Reuters) - Natural Resources Ltd's Horizon oil sands plant northern Alberta has been shut down for unplanned repairs, the company said on Tuesday, pushing up North American oil prices and pressuring the company's shares. Natural, the country's biggest independent oil explorer, gave few details of the outage, but a source familiar the situation said the ..

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