HOUSTON, Aug. 31, 2015 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that Rockies Express Pipeline LLC (REX), selected Quanta Services to provide turnkey engineering, procurement and construction services for the REX Zone Three Capacity Enhancement Project. Quanta subsidiaries QPS Engineering and Price Gregory International will play key roles in the project, which includes the installation of three new compressor stations and the upgrade of two existing compressor stations. [Read more]
Archives for August 2015
Flotek Industries Announces New York City Investor Presentation: An Introduction to Direct-to-Market Strategy and FracMax®, Including Industry Panel on CnF® and Completion Technology
HOUSTON, Aug. 31, 2015 /PRNewswire/ -- Flotek Industries, Inc. (NYSE: FTK - News) this morning announced it will hold an investor presentation in New York City on Friday, September 11, 2015. The presentation, "Introducing the Flotek Store and FracMax®" will provide a comprehensive review of Flotek's leading commitment to research and innovation; an introduction to the Flotek Store, Flotek's direct-to-market strategy for its leading CnF® patented, customized completion chemistry as well as [Read more]
National Oilwell Varco Appoints Jose A. Bayardo as Senior Vice President & Chief Financial Officer
HOUSTON--(BUSINESS WIRE)--National Oilwell Varco, Inc. (NYSE: NOV) announced today that Jose A. Bayardo has been named Senior Vice President and Chief Financial Officer of National Oilwell Varco, effective August 28, 2015. Mr. Bayardo succeeds Scott K. Duff, Interim Chief Financial Officer. Prior to joining National Oilwell Varco, Mr. Bayardo, age 43, served as Senior Vice President, Resource and Business Development at Continental Resources, Inc. Prior to Continental, Mr. Bayardo spent nine [Read more]
LNG, Chemicals Drive Top 10 Capital-Spending Projects in U.S. Mid-Atlantic, Although Power Projects Face Delays, an Industrial Info News Alert
SUGAR LAND, TX--(Marketwired - Aug 31, 2015) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Industrial Info is tracking almost $116 billion in active projects in the U.S. Mid-Atlantic region, more than 40% of which can be found in the 10 highest-value projects. These include long-anticipated nuclear-power plant additions and export terminals for liquefied natural gas (LNG), as well as several offshore windfarms and commercial rail-system expansions. Within this [Read more]
Athabasca Oil Corporation Announces Receipt of $152.6 Million from Brion Energy Corporation
CALGARY, ALBERTA--(Marketwired - Aug. 31, 2015) - Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or "the Company") announces that it has received payment of $152.6 million from Phoenix Energy Holdings Limited (now Brion Energy Corporation, "Brion"), being the principal and interest payable under the second of three promissory notes issued to the Company by Brion. The payment relates to Athabasca's prior sale of its 40% interest in the Dover oil sands project to Brion, which closed on August [Read more]
Enhanced Oil Recovery Market Growing at 16.93% CAGR to 2019
PUNE, India, August 31, 2015 /PRNewswire/ -- The major factors driving enhanced oil recovery market growth include increasing oil consumption coupled with diminishing production from mature fields according to this new global research on EOR industry for 2015-2019. Complete report on enhanced oil recovery market spread across 62 pages, analyzing 5 major companies and supported with 23 data exhibits is now available at [Read more]
Delek Group Announces Consolidated Results for the Second Quarter of 2015
TEL AVIV, Israel, Aug. 31, 2015 /PRNewswire/ -- Delek Group Ltd. (TASE: DLEKG, US ADR: DGRLY) (hereinafter: "Delek Group" or "The Group") announced today its results for the three month period ending June 30, 2015. The full financial statements are available in English on Delek Group's website at: www.delek-group.com. Second Quarter of 2015 Highlights Second quarter net income of NIS 22 million, compared with a net loss of NIS 600 million in the same period of last year; Delek Group entered [Read more]
TruStar Energy Opens Public CNG Fueling Station in Houston
HOUSTON, Aug. 31, 2015 /PRNewswire/ -- TruStar Energy, one of the nation's leading developers of Compressed Natural Gas (CNG) fueling stations, announced today that it has opened a company-branded public CNG fueling station at 2109 McCue Road in Houston, TX. The company's new station will help facilitate continued growth of natural gas as a transportation fuel in the Texas market. Recent data from the Texas Comptroller's office shows that Texas fleet operators are purchasing natural gas in [Read more]
Canadian Oil Sands Provides Information on Process Incident at Syncrude Upgrader
CALGARY, AB--(Marketwired - August 30, 2015) - (TSX: COS) -- Early on August 29, a process fire occurred in the interconnecting piping between the hydrotreating units and environmental units at Syncrude's Mildred Lake upgrader. Emergency personnel quickly responded to the incident and safely extinguished the fire. No injuries were associated with the event and there was no environmental impact.Syncrude is currently developing a full recovery plan, beginning with an investigation to determine the [Read more]
Syncrude says no environmental effect from a fire at an Alberta processing plant
FORT MCMURRAY, Alta. - Syncrude says there was no environmental impact after an explosion and fire at an Alberta processing site near Fort McMurray.The company says the fire was quickly extinguished at its Mildred Lake upgrader and there were no injuries.It adds that it's investigating the cause of the incident.Syncrude says synthetic crude oil production has been temporarily suspended while a recovery and repair strategy is being developed. [Read more]
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