Green Energy

With Houston on the Rebound After Harvey, Stream Energy Remembers Their Customers and Employees

Business, Clean Energy, Electric Company, Electricity, Energy Company, Green Energy, Multi-Level Marketing
People of the Houston area are still reeling from the effects of Hurricane Harvey, the category five hurricane that blasted its way through the gulf coast of Texas, affecting millions of people and damaging nearly 135,000 homes. Everyone from celebrities to multi-billion-dollar corporations has sent millions of dollars in relief to the affected area, but it is their neighbors to the north, Stream Energy of Dallas, TX, that is striving to lend a helping hand as well.   Immediately after the storm hit, Stream Energy immediately mobilized to help the people affected by any and all means necessary. One of the first steps they took was to write a $25,000 check to the American Red Cross to assist with any expenses associated with medical care and rebuilding efforts. Stream Energy hope...

Obsidian Energy: Forging Forward In Pursuit Of Excellence

Business, Canada, Energy, Gas, Green Energy, Oil, Power
On 26th June 2017, Penn West Petroleum Limited changed its name to Obsidian Energy. The name change was approved by 92% of the voting group. The stakeholders of the company had been waiting to exhale for a long time after Penn West Petroleum Limited had undergone some torrential times. Rebranding was certainly a brilliant idea, hence the reason for a high number opting for it.   Overcoming Hard Past     Significant changes led to the redefinition of what was once one of the sixty largest companies on the Toronto Stock Exchange. Penn West reached peak capitalization of US $9.5 Billion in 2008. The company underwent financial difficulties in 2014 when crude oil prices fell. Obsidian Energy has re-emerged stronger, leaner and more capable to weather storms. As Ob...

Obsidian Energy, The Leading Energy Supplier In Western Canada

Business, Canada, Energy, Gas, Green Energy, Oil, Power
Obsidian Energy was previously the Penn West Exploration, but it changed its name after surviving financial and accounting saga. It is a medium-sized energy producer located in Calgary, Alberta. Primarily, Obsidian Energy is an Oil and Natural Gas Producer. Before facing a financial crisis, Obsidian was one of the best energy producers in the Western Canada. Its market reached to hit the summit back in 2008 by garnering a total of US $9.5 Billion.   It gained the Canadian Royalty Trust between 2005 and 2011. However, things shifted toward the worst when the company experienced economic instability that rendered it just a medium-sized energy company.   The Financial Difficulties   In 2014, Obsidian Energy underwent heated financial difficulties following the...