Brothers die in fire at BP-Husky Toledo refinery
BP has confirmed the death of two of its staff during a fire at the BP-Husky Toledo refinery in Oregon, Ohio, on Tuesday evening.
Husky
Oil companies wonder if it’s worth looking for oil anymore
A few dots near the bottom corner of the world map in the southern Atlantic, the Falkland Islands were once at the forefront of a new era for the oil industry as companies scoured the planet for resources.
Shell, Total among the majors committed to developing Chinese acreage
China signaled its openness for business with a raft of deals that’ll give oil majors including Royal Dutch Shell Plc new opportunities to develop fields in partnership with the nation’s biggest offshore explorer.
Li Ka-shing’s Husky goes hostile in Chinese battle for Canada’s oil sands
Husky Energy Inc. made a C$3.3 billion ($2.6 billion) hostile bid for MEG Energy Corp., setting up a battle between the Canadian oil company linked to Hong Kong billionaire Li Ka-shing’s family and Chinese energy giant Cnooc Ltd., a major investor in the targeted oil-sands producer.
Husky keeps Transocean rig for Canadian job
Canadian oil firm Husky has booked the Henry Goodrich rig for another year for a job off the country’s east coast. The contract is expected to start in the fourth quarter. Transocean said the contract backlog was $100 million.
Petrofac to supply staff for South China Sea gas development
UK oil field service giant Petrofac will supply staff for a gas field project in the South China Sea as part of a three-year deal with Husky Energy's Chinese subsidiary.
Work halted on Canadian oil vessel after near miss with iceberg
Husky Energy has been ordered to suspend operations on the SeaRose vessel off Canada's east coast after a near miss with an iceberg.
Husky Energy makes further job cuts
Husky Energy said it has made further job cuts as the oil price slide continues.
Husky Energy considers selling assets after cutting jobs
Husky Energy Inc. plans to keep cutting jobs after eliminating 1,400 positions, the most disclosed by a Canadian energy company in the oil-price slump. Job cuts have represented 80 percent contractors and 20 percent employees and will continue, Husky said in a statement Friday, reporting its biggest-ever quarterly loss. The Canadian producer and refiner controlled by Hong Kong billionaire Li Ka- Shing also outlined plans to pay its dividend in stock, consider asset sales and extend a companywide salary freeze started at the end of 2014. The shares fell 5.5 percent to C$19.16 at 9:36 a.m. in Toronto.
Subsea still on table for Husky’s White Rose Extension
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has said that Husky Energy’s Development Plan Amendment for the White Rose Extension Project, offshore Newfoundland, has received conditional approval from the Board along with the federal and provincial governments.