BOE Report

CST Brands and CrossAmerica Partners to Announce Third Quarter 2015 Earnings Results on November 4

SAN ANTONIO & ALLENTOWN, Pa.--(BUSINESS WIRE)--CST Brands, Inc. (NYSE:CST) and CrossAmerica Partners LP (NYSE:CAPL) today announced that the two companies will host a joint conference call on November 4, 2015 at 9:00 a.m. Eastern Time (8:00 a.m. Central Time) to discuss third quarter earnings results, which will be released before the market opens that day. The conference call numbers are 800-774-6070 or 630-691-2753 and the passcode for both is 5854571#. A live audio webcast of the conference [Read more]

Fitch Affirms Promigas S.A. E.S.P.'s IDRs at 'BBB-'; Outlook Stable

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed Promigas S.A. E.S.P.'s (Promigas) ratings as follows: --Foreign and Local Currency Issuer Default Ratings (IDRs) at 'BBB-'; --Long-term national scale rating at 'AAA(col)'; --Short-term national scale rating at 'F1+(col); --Local senior unsecured debt ratings at 'AAA(col)'. The Rating Outlook is stable. KEY RATING DRIVERS Promigas' ratings are underpinned by the company's strong competitive position in the natural gas transportation and [Read more]

UGI Energy Services Announces Completion of the Auburn Loop

WYOMISSING, Pa.--(BUSINESS WIRE)--UGI Energy Services, LLC, a wholly-owned subsidiary of UGI Corporation, today announced the completion of its “Auburn Loop” pipeline project. The Auburn Loop is the latest expansion of the Auburn gathering system and consists of a new nine-mile, 24-inch pipeline running from Susquehanna County to UGI Energy Services’ Manning Compressor Station in Wyoming County. The Auburn Loop parallels the existing 12-inch Auburn pipeline, and is scheduled to start [Read more]

Siemens to power natural gas-fired plant in Pennsylvania

ORLANDO, Fla.--(BUSINESS WIRE)--Siemens announces that it will be the technology partner for Panda Power Funds’ “Hummel Station” – a new 1,124 megawatt natural-gas-fired combined cycle power plant (CCPP) to be built in Snyder County, Pennsylvania. Slated for operation in the first quarter of 2018, the facility will replace the retired Sunbury coal-fired plant. The new facility will supply power for more than one million households in large power markets, including Philadelphia and New York City. [Read more]

Sunbury Generation Lands First Tenant for Old Trail Industrial Park KOEZ with Announcement of Financing of Panda Hummel Station Power Plant

SHAMOKIN DAM, Pa.--(BUSINESS WIRE)--Sunbury Generation LP announced today the successful financing of the Panda Hummel generating station by development partner Panda Power Funds, of Dallas, Texas. Panda Hummel will be the first tenant of Old Trail Industrial Park which Sunbury Generation and their affiliate Arcova Development LLC have developed. The new facility will occupy an 18-acre parcel of Sunbury Generation’s 192-acre Keystone Opportunity Expansion Zone (KOEZ) at the site of the retired [Read more]

Panda Power Funds Finances One of the Largest Coal-to-Natural Gas Power Conversion Projects in the United States

DALLAS--(BUSINESS WIRE)--Panda Power Funds has financed the 1,124 megawatt Panda “Hummel Station” power plant — one of the largest coal-to-natural gas power conversion projects in the United States. The plant will be located at the site of the retired Sunbury coal-fired power plant near Shamokin Dam in Snyder County, Pennsylvania. The 400 MW, 65-year-old plant was shuttered in 2014 in response to low natural gas prices and the onset of strict environmental regulations promulgated by the Obama [Read more]

Crestwood Equity Announces Expansion Projects in the Delaware Permian Basin and Strategic Joint Venture With First Reserve

HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE:CEQP) (“Crestwood” or “CEQP”) today announced a non-binding open season to seek shipper support for the Delaware Takeaway crude pipeline system (“Delta”), a ~164 mile crude and condensate pipeline header system originating at a new Crestwood terminal to be built near Orla, TX (located in Reeves County), with potential downstream connections to multiple downstream interconnects that will provide shippers access to attractive end markets [Read more]

Seventy Seven Energy Inc. Announces Third Quarter 2015 Operational and Financial Results

OKLAHOMA CITY--(BUSINESS WIRE)--Seventy Seven Energy Inc. (NYSE: SSE) today reported financial and operational results for the third quarter of 2015. Key information related to SSE for the third quarter is as follows: Consolidated Adjusted EBITDA of $41.1 million Positive free cash flow of $42.9 million Repurchased and cancelled $10.0 million of its 6.5% Senior Notes due 2022 Surpassed an SSE milestone of over 100 customers accounting for 36% of total revenue SSE reported total revenues of [Read more]

Kiewit Energy Company, Air Products Announce Modularized Offering for Smaller Scale LNG Projects

HOUSTON--(BUSINESS WIRE)--Kiewit Energy Company (Kiewit Energy) and Air Products have agreed to collaborate on small-scale liquefied natural gas (LNG) projects in North America to meet the growing demand for LNG production. The collaboration provides customers with a one-stop-shop and rapid response to the design, construction and commissioning of projects. “Natural gas consumption — particularly in the transportation sector — will have a significant impact on the demand for LNG, and our [Read more]

Devon Energy to Present at Bank of America Merrill Lynch 2015 Global Energy Conference

OKLAHOMA CITY--(BUSINESS WIRE)--Devon Energy Corp. (NYSE: DVN) announced today that Dave Hager, president and chief executive officer, will present at the Bank of America Merrill Lynch 2015 Global Energy Conference on Tuesday, Nov. 10, 2015, at 3:35 p.m. ET. The event will be available to the public via internet webcast. A link to the webcast will be accessible from Devon’s home page at www.devonenergy.com on the date of the event. The presentation will include forward-looking information. About [Read more]