BOE Report

NEL’s Subsidiary H2 Logic to Supply Hydrogen Fueling Station for H2 Mobility Germany – with Option for Multiple Repeat-Orders

OSLO, Norway--(BUSINESS WIRE)--Regulatory News: H2 Logic A/S (H2 Logic), a subsidiary of NEL ASA (NEL), has been awarded a contract for one H2Station fueling station for H2 MOBILITY Deutschland GmbH & Co.KG with an option for multiple repeat-orders. The station will be one among the first in a planned staged expansion onwards 2023 of up to 400 stations in Germany and a total investment of around € 400 million “We look forward to provide our H2Station fueling solution to H2 Mobility. This [Read more]

Kinder Morgan Announces 2016 Outlook

HOUSTON--(BUSINESS WIRE)--Kinder Morgan, Inc. (NYSE: KMI) today announced that its Board of Directors has approved a plan pursuant to which it expects to pay quarterly dividends of $.125 per share to its common stockholders ($.50 annually), down from its current quarterly level of $.51, beginning with the fourth quarter 2015 dividend payable in February 2016. This dividend enables the company to use a significant portion of its large cash flow to fund the equity portion of its expansion capital [Read more]

ExxonMobil Gift Helps Jonathan’s Place Serve North Texas Children

IRVING, Texas--(BUSINESS WIRE)--Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation (NYSE:XOM), today presented Jonathan’s Place with the company’s annual holiday gift of $50,000, advancing the nonprofit agency’s mission of providing housing and specialized services to abused, abandoned and neglected children from newborns through adolescence. ExxonMobil’s donation kicks off the agency’s 25th anniversary year, during which it will celebrate its long-standing [Read more]

National Fuel Declares Quarterly Dividend

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)--The Board of Directors of National Fuel Gas Company (NYSE:NFG) today approved payment of a regular quarterly dividend of 39.5 cents per share on the Company’s common stock. The dividend is payable Jan. 15, 2016, to shareholders of record at the close of business on Dec. 31, 2015. The Company has approximately 84.7 million shares of common stock outstanding. It has no preferred stock outstanding. National Fuel is an integrated energy company comprised of the [Read more]

The 2016 Fifth Annual Shale Gas Innovation Contest Will Award a Total of $80,000 in Cash Prizes!

STATE COLLEGE, Pa.--(BUSINESS WIRE)--The Ben Franklin Shale Gas Innovation and Commercialization Center www.sgicc.org announced that this year’s Fifth Annual Shale Gas Innovation Contest will award a total of $80,000 in cash prizes. The prize money will be shared among the four best shale-energy oriented innovations, new product ideas, or service concepts that are either in the development stage or recently launched. Researchers, entrepreneurs, or small businesses in Pennsylvania and West [Read more]

Phillips 66 Announces Startup of Sweeny Fractionator One

HOUSTON--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX) has begun operations at its new 100,000 barrels-per-day (BPD) natural gas liquids (NGL) fractionator located at the company's Sweeny Complex in Old Ocean, Texas. Sweeny Fractionator One supplies purity ethane and liquefied petroleum gases (LPG) to the petrochemical industry and heating markets. It is supported by 250 miles of new pipelines and a multimillion barrel storage cavern complex. “The startup of Sweeny Fractionator One is a [Read more]

EnLink Midstream to Present at the Wells Fargo Energy Symposium

DALLAS--(BUSINESS WIRE)--EnLink Midstream, LLC (NYSE: ENLC) (the General Partner) and EnLink Midstream Partners, LP (NYSE: ENLK) (the Master Limited Partnership) announced today that Barry E. Davis, President and Chief Executive Officer, will participate on a panel discussion at the Wells Fargo 14th Annual Energy Symposium in New York City. The panel will take place at 10:20 a.m. Eastern Standard Time on Tuesday, December 8. Michael J. Garberding, Executive Vice President and Chief Financial [Read more]

Sadara Joint Venture Begins Polyethylene Production

MIDLAND, Mich.--(BUSINESS WIRE)--The Dow Chemical Company (NYSE: DOW) today announced that its joint venture in the Middle East – Sadara Chemical Company (Sadara) – has achieved a key milestone of first polyethylene production, meeting previously announced targets to begin production by year-end 2015. This landmark investment has been a key pillar of Dow’s targeted, strategic growth actions over the last several years, and supports the Company’s strategy to enable cost-advantaged growth in [Read more]

Energy Industry Expects a Stormy 2016 – BDO Survey

CHICAGO--(BUSINESS WIRE)--BDO USA LLP released today results from its 2016 Energy Outlook Survey, which found that 60 percent of energy chief financial officers (CFOs) expect changes in oil & gas prices to be the single most important factor dictating whether the industry recovers in the coming year—more than double the number expressing similar sentiments last year. Though 2015 got off to a tumultuous start for the sector, CFOs seemed cautiously optimistic in last year’s study that the oil [Read more]

First Reserve and Crestwood Management Announce CEQP Unit Purchase Program Through Crestwood Holdings

HOUSTON--(BUSINESS WIRE)--Crestwood Holdings Partners LLC (“Crestwood Holdings”) today announced plans to implement a unit purchase program of up to $100 million of the limited partner common units of Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood” or “CEQP”) in a move of continued confidence in CEQP’s long-term outlook. Crestwood Holdings is wholly owned by Crestwood Management and First Reserve, the global private equity and infrastructure investment firm exclusively focused on energy, [Read more]