CALGARY, Alberta, July 01, 2015 (GLOBE NEWSWIRE) -- Quicksilver Resources Canada Inc. announced today that it received approval from the Canadian National Energy Board (“NEB”) to export up to 20 million tons per annum of liquefied natural gas from its Discovery LNG site located near Campbell River, British Columbia for a period of 25 years. For additional details regarding Discovery LNG, visit http://www.discoverylng.com. To view the NEB’s Letter Decision, navigate to: [Read more]
Archives for July 2015
GasLog Partners LP Announces Closing of the Acquisition of Three Vessels from GasLog Ltd.
MONACO--(BUSINESS WIRE)--GasLog Partners LP (NYSE:GLOP) (“GasLog Partners” or the “Partnership”) and GasLog Ltd. (NYSE:GLOG) (“GasLog”) announced today the closing of the Partnership’s acquisition from GasLog of 100% of the ownership interests in the entities that own and charter the liquefied natural gas (“LNG”) carriers the Methane Alison Victoria, the Methane Shirley Elisabeth and the Methane Heather Sally. About GasLog Ltd. GasLog is an international owner, operator and manager of LNG [Read more]
CST Brands & CrossAmerica Announce the Closing of Dropdown Transactions and Acquisition of One Stop Stores
SAN ANTONIO & ALLENTOWN, Pa.--(BUSINESS WIRE)--CST Brands, Inc. (NYSE: CST) (“CST Brands”) and CrossAmerica Partners LP (NYSE: CAPL) (“CrossAmerica” or the “Partnership”) announced today the closing of the previously-announced dropdown transactions between CST Brands and CrossAmerica. The transactions entailed the acquisitions of the real property associated with 29 New to Industry stores (NTIs) and an additional 12.5% interest in CST Fuel Supply LP for aggregate consideration of $142.0 million [Read more]
Chevron Second Quarter 2015 Earnings Conference Call
SAN RAMON, Calif., July 1, 2015 (GLOBE NEWSWIRE) -- Chevron Corporation (NYSE:CVX), one of the world's leading energy companies, will hold its quarterly earnings conference call on Friday, July 31, 2015, at 11:00 a.m. ET (8:00 a.m. PT). Conference Call Information: Date: Friday, July 31, 2015 Time: 11:00 a.m. ET / 8:00 a.m. PT Dial-in # (Listen-only mode): 703-639-1116 / 866-219-5256 Conference ID #: 1658696 To access [Read more]
Hess Completes Sale, Establishes Bakken Midstream Joint Venture Valued at $5.35 Billion
NEW YORK--(BUSINESS WIRE)--Hess Corporation (NYSE: HES) today completed the previously announced sale of a 50 percent interest in its Bakken midstream assets to Global Infrastructure Partners for cash consideration of $2.675 billion. As planned, Hess and Global Infrastructure Partners have created a premier midstream joint venture -- Hess Infrastructure Partners. The joint venture has incurred $600 million of debt through a 5-year Term Loan A facility with proceeds distributed equally to both [Read more]
Shell Midstream Partners, L.P. Acquires Interest in Poseidon Oil Pipeline
Houston, July 1, 2015 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) today announced it has closed the acquisition of a 36% equity interest in Poseidon Oil Pipeline Company L.L.C. (Poseidon) for $350 million from Equilon Enterprises LLC, a subsidiary of Shell Oil Products US. The acquisition price, including a proportional share of Poseidon debt, reflects and approximate 9.5 times multiple of the asset's forecasted next twelve months adjusted earnings before interest, taxes, [Read more]
Delfin LNG Announces Equity Investment by Enbridge, Inc.
HOUSTON--(BUSINESS WIRE)--Fairwood Peninsula Energy Corp ("Fairwood LNG”), the parent company and 100%-owner of Delfin LNG LLC (“Delfin LNG”), today announced a strategic alliance with Enbridge, Inc. (“Enbridge”) (TSX/NYSE:ENB), in which Enbridge has purchased an equity position in Fairwood LNG. Enbridge has made a five percent equity investment in Fairwood LNG. Enbridge has also entered into a Joint Development Agreement with Fairwood LNG to assist in the development of offshore LNG facilities [Read more]
Synchrony Financial and Chevron Introduce More Fuel Savings with Enhanced Credit Card Loyalty Programs, Sign Multi-Year Agreement
STAMFORD, Conn. & SAN RAMON, Calif.--(BUSINESS WIRE)--In time for peak driving season, Synchrony Financial (NYSE:SYF) and Chevron U.S.A. Inc. today announced the new Techron AdvantageTM Fuel Credits Program for consumers. Beginning July 1, both new1 and existing personal private label and dual-branded Visa® cardholders can earn additional Fuel Credits on their fuel purchases at nearly 8,000 Chevron- and Texaco-branded stations nationwide. The new Fuel Credits program is part of a multi-year [Read more]
Cheniere’s Sabine Pass LNG Plant Expansion Makes Headway, an Industrial Info News Alert
SUGAR LAND, TX--(Marketwired - Jul 1, 2015) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Last week marked important progress in Cheniere Energy's (NYSE:LNG) (Houston, Texas) project to build a fifth and sixth liquefaction train at its Sabine Pass liquefied natural gas (LNG) production terminal in Cameron Parish, Louisiana. The U.S. Federal Energy Regulatory Commission (FERC) rejected a challenge regarding the expansion project, and the U.S. Department of Energy issued its [Read more]
Research and Markets: Global Diesel Fuel Additives (Deposit Control Additives, Cetane Improvers, Antioxidants, Dyes & Markers, Lubricity Improvers, Cold Flow Improvers, & Stability Improvers) Market 2015-2019
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/djfh4j/global_diesel) has announced the addition of the "Global Diesel Fuel Additives Market by Type and by Geography - Analysis & Forecast to 2019" report to their offering. The global diesel additives market was valued at $3,717.7 million in 2014 and is projected to grow at a CAGR of 7.3% from 2014 to 2019. The market was led by the deposit control additives segment in 2014, among types, with a 36.4% [Read more]
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