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Ember Resources to buy Alberta gas properties from Encana for $605 million

2014-10-08 18:04:44| Oil & Gas - Topix.net

Encana Corp has agreed to sell a more than 6,800 producing gas wells and other portions of its Clearwater assets in southern and central Alberta for about $605 million to Ember Resources Inc. The deal will more than double Ember's land and production holdings in Alberta, which are concentrated on coalbed methane lands in the Horseshoe Canyon area. The Clearwater assets going to Ember include about 485,600 hectares of land and wells that produce the equivalent of 180 million cubic feet of natural gas per day.

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HNTB Report Estimates $700 Million Needed For Amtrak Tunnels

2014-10-08 17:19:02| ENR.com: Headline News

Sandy seawater inundation results in ongoing damage to concrete and steel elements of New York City-area train route.

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Tricolor TV subscribers pass the 15 million mark

2014-10-08 17:00:02| Digital TV News

Russian satellite TV service, Tricolor TV, has announced that during Q3 2014 its subscriber base passed the 15 million mark. At the end of the quarter the company had 15.17 million subscribers.

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14-day pilot strike cost Air France $631 million

2014-10-08 11:18:04| Airlines - Topix.net

Air France-KLM says a 14-day pilots' strike that grounded about half the airline's flights cost the company 500 million euros . The company gave the estimate in a statement Wednesday, and said it hoped to accelerate development of Transavia, a low-cost affiliate that was at the center of the standoff.

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Air France Puts Cost Of Pilots Strike At 500 Million Euros

2014-10-08 11:18:03| Airlines - Topix.net

Air France put the total cost of last month's two-week pilots strike at 500 million euros on Wednesday, wiping more than a fifth off its parent group's estimated full-year core profit. , Europe's second-biggest network carrier by revenue, had already revised down its target for 2014 earnings before interest, tax, depreciation and amortization in July from 2.5 billion euros to between 2.2 and 2.3 billion.

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