BOE Report

Chevron Affirms Production Growth; Announces New Spending Cuts

Upcoming project completions and shale drilling efficiency highlighted Capital spending budget for 2017-18 targets $17-22 billion per year NEW YORK--(BUSINESS WIRE)--Chevron Corporation (NYSE:CVX) hosted its annual security analyst meeting in New York where executives reiterated priorities, expressed confidence in the company’s near term outlook and emphasized an advantaged position when markets rebound. “We’re completing major projects that have been under construction for several [Read more]

Tortoise Index Solutions Announces First Quarter 2016 Updates for Tortoise Real Yield IndexSM

LEAWOOD, Kan.--(BUSINESS WIRE)--Tortoise Index Solutions today announced upcoming additions and deletions to the Tortoise Real Yield IndexSM as part of the regular quarterly rebalancing for the first quarter of 2016, as follows. Following the close of trading on March 8, 2016, the index will be rebalanced and as a result, the following changes will become effective.       [Read more]

Chevron Achieves First LNG Production at Gorgon

Chevron is positioned to be one of the world’s largest LNG suppliers by 2020 SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) today announced it has started producing liquefied natural gas (LNG) and condensate at the Gorgon Project on Barrow Island off the northwest coast of Western Australia. The first LNG cargo is expected to be shipped next week. “We expect legacy assets such as Gorgon will drive long-term growth and [Read more]

Fitch Solutions: CDS on Oil & Gas Companies Reverse Course

NEW YORK--(BUSINESS WIRE)--The embattled oil & gas sector has seen a reprieve of sorts lately through tightening credit default swap (CDS) spreads, according to Fitch Solutions in its latest CDS Case Study Snapshot. Five-year CDS on oil and gas companies have tightened in recent weeks, with the Fitch Solutions Global Oil & Gas CDS Index 18% tighter since Feb. 24. North American oil & gas companies led the firming last week with ConocoPhillips, [Read more]

Mitsubishi Hitachi Power Systems Americas Board Chairman Koji Hasegawa Announces Change in Leadership

• Energy industry executive Paul Browning named President & Chief Executive Officer • David Walsh retires after 15 years of service LAKE MARY, Fla.--(BUSINESS WIRE)--Mitsubishi Hitachi Power Systems Americas Inc. (MHPSA) wishes to announce the retirement of its President and Chief Executive Officer, David Walsh and the appointment of Paul F. Browning to the position of President and Chief Executive Officer of Mitsubishi Hitachi Power [Read more]

EQT Midstream Partners 2015 K-1 Tax Packages Available Online

PITTSBURGH--(BUSINESS WIRE)--EQT Midstream Partners, LP (NYSE: EQM), an EQT Corporation company, today announced that its 2015 unitholder tax packages are available online. Investors can access their tax package and Schedule K-1 at www.taxpackagesupport.com/eqm or by visiting the EQT Midstream Partners website at www.eqtmidstreampartners.com. Mailing of the 2015 tax packages is expected to begin on March 7, 2016. For additional information, unitholders [Read more]

Pioneer Natural Resources Announces Date for Annual Meeting

DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE:PXD) announced today that its 2016 Annual Meeting of Stockholders will be held on Thursday, May 19, 2016, at 9 a.m. Central Time, in Irving, Texas. Pioneer is a large independent oil and gas exploration and production company, headquartered in Dallas, Texas, with operations in the United States. For more information, visit Pioneer’s website at www.pxd.com. Communications [Read more]

Energen to Present at Raymond James Conference

Live Webcast Available BIRMINGHAM, Ala.--(BUSINESS WIRE)--Energen Corporation (NYSE: EGN) senior managers will meet with members of the investment community at the Raymond James 37th Annual Institutional Investors Conference on March 8, 2016. The Company will broadcast its formal presentation live over the Internet at 4:00 p.m. ET. The live Webcast of the presentation may be accessed via Energen’s home page, www.energen.com or at [Read more]

Clean Energy Reports 78.3 Million Gallons Delivered and Revenue of $119.3 Million for Fourth Quarter of 2015

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Clean Energy Fuels Corp. (NASDAQ: CLNE) (Clean Energy or the Company) today announced operating results for the fourth quarter and year ended December 31, 2015. The Company delivered 78.3 million gallons in the fourth quarter of 2015, an 8.1% increase from 72.4 million gallons in the fourth quarter of 2014. For the year ended December 31, 2015 the Company delivered 308.5 million gallons, a 16.4% increase [Read more]

Mobil 1 Imagines Tony Stewart’s “Next Chapter”

The Official Motor Oil of NASCAR is launching a digital video content series depicting Stewart exploring unconventional hobbies following his retirement from Sprint Cup racing Debuting the week of the Kobalt 400 at Las Vegas Motor Speedway, the “Tony’s Next Chapter” video series features appearances by Tony’s Stewart-Haas Racing (SHR) teammates Danica Patrick and Kevin Harvick NASCAR fans can look forward to [Read more]