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Fitch Expects to Rate Occidental’s Senior Unsecured Notes ‘A’

March 28, 201611:15 AM Business Wire

CHICAGO--(BUSINESS WIRE)--Fitch Ratings expects to rate Occidental Petroleum's Corp's (NYSE: OXY) senior unsecured notes 'A'. Proceeds from the notes, which are anticipated to mature in 2022, 2026, and 2046, will be used to refinance the $750 million 4.125% senior notes due June 2016 and $1.25 billion 1.75% senior notes due February 2017, and for general corporate purposes. OXY's ratings reflect the company's large size, diverse resource base, [Read more]

Permian

Erin Energy Announces Filing of Its Annual Report on Form 10-K

March 24, 20165:05 PM Business Wire

HOUSTON--(BUSINESS WIRE)--Erin Energy Corporation (“Erin Energy” or the “Company”) (NYSE MKT: ERN) (JSE: ERN) announced today it has filed its annual report on Form 10-K for the year ended December 31, 2015, with the Securities and Exchange Commission, which contained a going concern qualification from its independent registered public accounting firm. A copy of the Annual Report on Form 10-K is available to be viewed or downloaded within the [Read more]

Phillips 66 to Announce First-Quarter Financial Results

March 24, 201612:35 PM Business Wire

HOUSTON--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX) executive management will host a conference call webcast at noon EDT on Friday, April 29, to discuss the company’s first-quarter 2016 financial results, which will be released earlier that day, and provide an update on strategic initiatives. To access the webcast, go to the Phillips 66 Investors site, www.phillips66.com/investors, and click on “Events & Presentations.” A replay of the webcast will be [Read more]

Phillips 66 Partners to Announce First-Quarter Financial Results

March 24, 201612:35 PM Business Wire

HOUSTON--(BUSINESS WIRE)--Phillips 66 Partners (NYSE: PSXP) executive management will host a conference call webcast at 2 p.m. EDT on Friday, April 29, to discuss the partnership’s first-quarter 2016 financial results, which will be released earlier that day, and provide an update on strategic initiatives. To access the webcast, go to the Phillips 66 Partners Events & Presentations site, www.phillips66partners.com/events. A replay of the [Read more]

Cypress Energy Partners, L.P. Announces Fourth Quarter Results and Filing of Form 10-K

March 23, 20162:05 PM Business Wire

TULSA, Okla.--(BUSINESS WIRE)--Cypress Energy Partners, L.P. (NYSE:CELP) today reported: Q4 Cash Distribution to Unit Holders – Maintained at Q3 2015 rate Q4 2015 Adjusted EBITDA attributable to limited partners increased 27% compared to Q4 2014 Q4 2015 Gross Margin percentage increased 100 basis points compared to Q4 2014 Over 85% of our customers are investment grade, and [Read more]

Bakken Permian Williston Basin

NCS Multistage Announces Top Management Changes

March 23, 201612:05 PM Business Wire

HOUSTON--(BUSINESS WIRE)--NCS Multistage announced today that Robert Nipper, Chief Executive Officer since the company's founding, has been named Executive Chairman of the Board. He is succeeded by Marty Stromquist, who had served as Chief Operating Officer before being named Chief Technology Officer in 2015. Nipper and Stromquist were co-founders of the company. In his new role, Nipper remains active in the company and will turn his [Read more]

Rangeland Energy Begins Development of South Texas Energy Products System (STEPS)

March 23, 20167:35 AM Business Wire

Rangeland will construct a terminal in Corpus Christi, Texas, to receive and store refined products and LPG and ship them to Mexico. The STEPS Corpus Terminal site is located on the Kansas City Southern Railroad mainline. Subsequent phases are expected to include the development of a marine-based facility in Corpus Christi as well as additional capacity to handle other commodities. Rangeland is [Read more]

Bakken Permian

TravelCenters of America Completes Development and Opens New Travel Center in Wilmington, Illinois

March 22, 201611:35 AM Business Wire

WESTLAKE, Ohio--(BUSINESS WIRE)--TravelCenters of America LLC (TravelCenters), operator of the TA® and Petro Stopping Centers® travel center brands, has announced the expansion of its network with the completion of construction and opening of Petro Wilmington, located on 27 acres of land at I-55, Exit 240 (24225 W. Lorenzo Rd.) in Wilmington, Illinois. TravelCenters and Wilmington City Officials have worked closely together to help this newly [Read more]

Shell

908 Devices Delivers Ballistic GC-MS Analysis Throughout the Hydrocarbon Processing Industry with the Launch of G908

March 22, 20167:05 AM Business Wire

Integrated GC-HPMS technology purpose-built for the oil and gas industry improves efficiency and cost savings across upstream, midstream and downstream processes BOSTON--(BUSINESS WIRE)--908 Devices, a pioneer of purpose-built analytical devices for chemical analysis, today announced the introduction of G908TM, a universal petrochemical analyzer that combines the company’s patented and award-winning high-pressure mass spectrometryTM (HPMS) [Read more]

Saudi Aramco

Veresen Concludes Key Terms with JERA for Jordan Cove Liquefaction Capacity

March 22, 20166:35 AM Business Wire

CALGARY, Alberta--(BUSINESS WIRE)--Veresen Inc. (“Veresen”) (TSX:VSN) is pleased to announce that it has finalized the key commercial terms with JERA Co., Inc. (“JERA”) in respect of the long-term provision to JERA of natural gas liquefaction capacity at the Jordan Cove LNG facility. Veresen is developing the Jordan Cove LNG facility in the International Port of Coos Bay in Oregon, USA. The preliminary agreement signed today covers the purchase [Read more]

Aux Sable LNG Veresen

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