PITTSBURGH--(BUSINESS WIRE)--EQT Midstream Partners, LP (NYSE: EQM) and EQT GP Holdings, LP (NYSE: EQGP) today announced third quarter 2015 financial and operating results. EQT Midstream Partners, LP (EQM) net income for the quarter totaled $94.1 million, adjusted EBITDA was $113.4 million, and distributable cash flow was $101.8 million. EQM adjusted operating income was $102.2 million, or 28% higher than the same quarter last year. Net income attributable to EQT GP Holdings, LP (EQGP) for the [Read more]
Technip awarded an important flexible pipe contract for the Layang Development
PARIS--(BUSINESS WIRE)--Regulatory News: Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) has been awarded an important subsea contract by JX Nippon Oil and Gas Exploration (Malaysia) Ltd in the Layang field, Block SK10, offshore Sarawak, Malaysia at a water depth of 85 meters. The contract covers the engineering, procurement, fabrication, installation and commissioning of three flexible pipes totaling 9.9 kilometers. The flexible pipes consist of two production risers and flowlines and one [Read more]
Technip remporte un contrat important de conduites flexibles pour le développement de Layang
PARIS--(BUSINESS WIRE)--Regulatory News: Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) a remporté un contrat subsea important auprès de JX Nippon Oil and Gas Exploration (Malaysia) Ltd, pour le champ Layang. Ce dernier est situé au bloc SK10, au large de Sarawak en Malaisie, à une profondeur d’eau de 85 mètres. Le contrat couvre l’ingénierie, la fourniture des équipements, la fabrication, l’installation et la mise en service de trois conduites flexibles d’une longueur totale de 9,9 [Read more]
EnLink Midstream Appoints Christopher H. Tennant to Senior Vice President – Commercial
DALLAS--(BUSINESS WIRE)--EnLink Midstream, LLC (NYSE: ENLC) (the General Partner) and EnLink Midstream Partners, LP (NYSE: ENLK) (the Master Limited Partnership) today named Christopher H. Tennant to the position of Senior Vice President - Commercial. In his new role, Tennant will assume responsibility for the commercial functions of the NGL and crude oil teams. “Chris is a proven leader and has been instrumental in the growth of our NGL business,” said Barry E. Davis, EnLink Midstream’s [Read more]
Kinder Morgan Increases Quarterly Dividend to $0.51 Per Share, up 16%
HOUSTON--(BUSINESS WIRE)--Kinder Morgan, Inc. (NYSE: KMI) today announced that its board of directors approved an increase in its quarterly cash dividend to $0.51 ($2.04 annualized) payable on Nov. 13, 2015, to shareholders of record as of the close of business on Nov. 2, 2015. This represents a 16 percent increase over the third quarter 2014 dividend of $0.44 per share ($1.76 annualized) and is up from $0.49 per share ($1.96 annualized) for the second quarter of 2015. This is KMI’s 15th [Read more]
Alphabet Energy Introduces the PowerModule Developer Kit™ for Increased Industrial Energy Efficiency
HAYWARD, Calif.--(BUSINESS WIRE)--Alphabet Energy, the global leader in thermoelectrics for waste heat to power (WHP), today announced the general availability of the PowerModule Developer Kit™, the first all-in-one, turnkey package for building and testing thermoelectric technology in a wide range of exhaust systems or on an exhaust test bench. After successful customer deployments of Alphabet Energy's PowerModule™ technology product and the turnkey E1™ Thermoelectric Generator (E1), the [Read more]
EnLink Midstream Increases Quarterly Distributions
DALLAS--(BUSINESS WIRE)--The EnLink Midstream companies today announced the declaration of the quarterly distributions for EnLink Midstream Partners, LP (NYSE: ENLK) (the Master Limited Partnership) and EnLink Midstream, LLC (NYSE: ENLC) (the General Partner) for the third quarter of 2015: The quarterly distribution on the Master Limited Partnership’s common units will be $0.39 per common unit, which represents a half cent increase compared to distributions declared for the second quarter of [Read more]
Vertex Energy Inc. to Release Third Quarter 2015 Financial Results on Monday, November 9, 2015
HOUSTON--(BUSINESS WIRE)--Vertex Energy, Inc. (NASDAQ:VTNR), an environmental services company that recycles industrial waste streams and off-specification commercial chemical products, announced that it will file the 10-Q and issue a press release for the third quarter ended September 30, 2015, after the market closes on Monday, November 9, 2015. Management will host a conference call to discuss the financial results the next morning, Tuesday, November 10, 2015, at 9:00 a.m. EDT. Those who wish [Read more]
Southcross Holdings LP Completes Robstown Fractionator; Southcross Energy Partners, L.P. Connects New Y-grade Pipeline
DALLAS--(BUSINESS WIRE)--Southcross Holdings LP (“Southcross Holdings”) recently placed in service the second of two natural gas liquids (NGL) fractionation trains at its Robstown Fractionator (“Robstown”) near Corpus Christi, Texas, which brings Robstown’s total capacity to 63,000 Bbls/d. Southcross Holdings owns 100% of Southcross Energy Partners GP, LLC, the general partner of Southcross Energy Partners, L.P. (NYSE: SXE) (“Southcross”), limited partner interests in Southcross and multiple [Read more]
FTTN Signs Letter of Intent to Acquire West Texas Field Mineral Rights
LAS VEGAS--(BUSINESS WIRE)--Citing optimum buying conditions, First Titan Corp. (OTCBB:FTTN) has inked a letter of intent (LOI) to obtain mineral rights for an oil field in the West Texas Cline Shale region. FTTN will now conduct due diligence of the field and its future production prospects, with an eye towards adding it to its growing portfolio. “This is another step forward in our continuing efforts to build revenue streams and increase value for our shareholders,” said FTTN CEO Sydney [Read more]
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