Canada’s largest oil refinery, Irving Oil, may be up for sale.Irving announced on Wednesday that a strategic review of the company is underway, and a series of options are being evaluated regarding the company’s future, including the potential sale or partial sale of the company.Irving Oil produces 330,000 barrels of oil per day, supplying 80% … [Read more…]
Kansas City – Global law firm K&L Gates is advising CorEnergy Infrastructure Trust, Inc. (NYSE:CORR, CORRPrA) in the sale of its MoGas and Omega pipeline systems (the “MoGas System”) to Spire Inc. (NYSE:SR) for $175 million in cash. The MoGas System is an interstate gas transmission and distribution system providing service to markets in Missouri … [Read more…]
Santos managing director Kevin Gallagher says renewables are not the holy grail, as Peter Dutton calls on the industry to stand up and fight. Opposition Leader Peter Dutton has accused the Labor government of wanting to “cannibalise” the gas industry with its petroleum resource rent tax. “Labor sees businesses and industry as instruments of the … [Read more…]