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Husky Energy 2016 capital budget assumes benchmark crude at US$40 a barrel

2015-12-08 15:32:53| Energy - Topix.net

Husky Energy is assuming oil will be worth US$40 a barrel next year and that future investments will be able to break even with West Texas Intermediate crude at US$30 per barrel - which is below the latest price. The Calgary-based company is projecting a 2016 capital budget between $2.9 billion and $3.1 billion - about in line with this year - including sustaining and maintenance costs in the range of $2.4 billion and $2.6 billion.

Tags: capital energy budget assumes

 

Energy Capital Brochure

2015-11-25 10:37:00| Power Technology

Energy Capital is an engineering company with EPC capability in the field of power generation.

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Denham Capital and Nexif Energy form South East Asia power investment platform

2015-08-25 01:00:00| Power Technology

UK-based energy-focused private equity firm Denham Capital has formed a partnership with Singapore-based Nexif Energy to develop, finance, construct and acquire conventional and renewable power generation assets across South East Asia.

Tags: form power south east

 

Baytex Energy cutting capital spending, ending dividend payouts to preserve cash

2015-08-21 19:15:41| Energy - Topix.net

Baytex Energy Corp. says it's taking "difficult but necessary steps" to get past current low commodity prices, including a reduced capital program and the suspension of its monthly dividend. The Calgary-based company says it will stop drilling in the Peace River and Lloydminster areas in Western Canada for the rest of this year and also look for further cost reductions in Texas, where it's involved in the Eagle Ford play.

Tags: capital energy cash ending

 

Suncor Energy trimming capital spending by a further $400 million

2015-07-30 05:29:08| Oil & Gas - Topix.net

Suncor Energy is trimming its spending plans for this year by a further $400 million, while at the same time boosting its production targets and dividend. The moves come as U.S. benchmark crude prices continue to languish below US$50 a barrel, dashing hopes in the oilpatch of a quick recovery.

Tags: capital million energy spending

 

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