BOE Report

Kinder Morgan Announces Additional Gas Capacity Commitments to the Northeast Energy Direct Project

HOUSTON--(BUSINESS WIRE)--Kinder Morgan, Inc. (NYSE: KMI) today announced that its subsidiary, Tennessee Gas Pipeline Company (TGP), has executed agreements with producers, local distribution companies (LDCs) and a New York end-use market participant totaling 627,000 dekatherms per day (Dth/d) for the Supply Path component of the proposed Northeast Energy Direct Project (NED). The agreements will provide a direct supply link from abundant natural gas fields in Pennsylvania to existing and future [Read more]

Osaka Gas vormt in Thailand een joint venture voor energiediensten met PTT

OSAKA, Japan--(BUSINESS WIRE)--Osaka Gas (Thailand) Co., Ltd. (Algemeen directeur: Toshihiro Ouchi; "OGT"), een dochteronderneming van Osaka Gas Co., Ltd. (Directeur: Takehiro Honjo; "Osaka Gas"), zal OGP Energy Solutions Co., Ltd. ("OGPS") oprichten, een bedrijf dat energiediensten op het gebied van brandstofconversie zal leveren aan industriële klanten in Thailand, door middel van een gezamenlijke investering met PTT Retail Business Co., Ltd. (Directeur: Chakkrit Charuchinda, "PTTRB"), een [Read more]

Genesis Energy, L.P. to Present at the Deutsche Bank 2015 Leveraged Finance Conference

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE:GEL) announced today that Bob Deere, CFO, will speak at the Deutsche Bank 2015 Leveraged Finance Conference being held in Scottsdale, Arizona. Mr. Deere will discuss Genesis Energy’s performance, growth strategies and financial objectives. Genesis Energy’s presentation will take place on Wednesday, September 30. The presentation is not being webcast but the presentation materials will be made available on the Partnership’s website at [Read more]

Annual Dual-Fuel Engine Revenue in the United States Is Expected to Exceed $58 Million by 2024, According to Navigant Research

BOULDER, Colo.--(BUSINESS WIRE)--A new report from Navigant Research examines the market for dual-fuel engines in oil & gas exploration and production, with global market data for U.S. conversions and revenue, through 2024. Dual-fuel engines, which use diesel fuel to ignite natural gas, are becoming increasingly popular in the United States, where they are often used to power drilling rigs and hydraulic fracturing spreads. The technology reduces the amount of diesel fuel used in these [Read more]

Osaka Gas to Establish Energy Service Joint Venture in Thailand with PTT

OSAKA, Japan--(BUSINESS WIRE)--Osaka Gas (Thailand) Co., Ltd. (Managing Director: Toshihiro Ouchi; "OGT"), a subsidiary of Osaka Gas Co., Ltd. (President: Takehiro Honjo; "Osaka Gas"), will establish OGP Energy Solutions Co., Ltd. ("OGPS"), a company that will provide fuel conversion energy services to industrial customers in Thailand, through a joint investment with PTT Retail Business Co., Ltd. (Director: Chakkrit Charuchinda, "PTTRB"), a subsidiary of PTT Public Company Limited (CEO: Tevin [Read more]

Abraxas Announces Upcoming Presentation

SAN ANTONIO--(BUSINESS WIRE)--Abraxas Petroleum Corporation (“Abraxas” or the “Company”) (NASDAQ:AXAS) today announced an upcoming presentation. Upcoming Presentation Bob Watson, President and CEO of Abraxas, will be presenting at IPAA OGIS San Francisco on Monday, October 5, 2015 at 11:05 AM PDT. The presentation will be webcast, and can be accessed through the investor relations portion of Abraxas’ website, or by using the following link http://www.investorcalendar.com/IC/CEPage.asp?ID=174314. [Read more]

WPX Energy to Host Nov. 5 Webcast

TULSA, Okla.--(BUSINESS WIRE)--WPX Energy (NYSE: WPX) plans to discuss its third-quarter 2015 financial and operations results during a webcast on Thursday morning, Nov. 5, beginning at 10 a.m. Eastern. Participants are encouraged to access the event and the corresponding slides at www.wpxenergy.com. A replay of the webcast will be available on WPX’s website for one year following the event. Chief Executive Officer Rick Muncrief, Senior Vice President of Operations and Resource Development Clay [Read more]

PIRA Energy Group Releases New Study: The Global Impact of NGL Supply Growth

NEW YORK--(BUSINESS WIRE)--PIRA Energy Group, a leader in global energy market analysis, announced today the official release of its latest industry study, “The Global Impact of NGL Supply Growth: PIRA’s Comprehensive Outlook to 2035.” With the North American shale revolution has come a surge in NGL production. Over the last 10 years, production has grown by nearly 75%, such that United States production is now equivalent to the next four largest producers combined. Substantial growth in ethane [Read more]

Fitch Affirms Murphy Oil's IDR at 'BBB-'; Outlook Remains Stable

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the Issuer Default Rating (IDR) for Murphy Oil Corporation (NYSE: MUR) at 'BBB-'. The Rating Outlook remains Stable. Fitch affirms the following ratings: Murphy Oil Corporation: --Issuer Default Rating (IDR) at 'BBB-'; --Senior unsecured notes at 'BBB-'; --Senior unsecured revolver at 'BBB-'. Approximately $3.28 billion in balance sheet debt including capitalized leases is affected by today's rating action. KEY RATING DRIVERS MUR's ratings are [Read more]

Oceana Applauds Shell’s Decision to Abandon Arctic Ocean Drilling

JUNEAU, Alaska--(BUSINESS WIRE)--Today, Shell Oil announced it will cease further exploration for oil in the Arctic Ocean after coming up dry at the Burger prospect in the U.S. Chukchi Sea. The company’s efforts have cost it billions of dollars and created significant controversy. Shell’s last efforts to operate in the Arctic in 2012 led to a series of mishaps, fines, government investigations, and, most famously, the grounding of the drill rig Kulluk. In response to the announcement, Oceana’s [Read more]