BOE Report

New Study Outlines New England’s Need for Additional Natural Gas Capacity; $3.7 Billion Could Have Been Saved During ‘Polar Vortex’

HOUSTON--(BUSINESS WIRE)--New Englanders could have saved approximately $3.7 billion in wholesale electricity costs during the 2013-2014 ‘Polar Vortex’ winter had the proposed Northeast Energy Direct Project (NED) been in service, according to an independent study by ICF International, commissioned by Tennessee Gas Pipeline Company, L.L.C. (TGP), a Kinder Morgan, Inc. (NYSE: KMI) company. The study also concluded that the additional gas capacity that NED would provide could generate $2.1 billion [Read more]

Research and Markets: Intelligent Pigging Services Market: Global Industry Analysis and Opportunity Assessment 2015 – 2025

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/dhx4sg/intelligent) has announced the addition of the "Intelligent Pigging Services Market: Global Industry Analysis and Opportunity Assessment 2015 - 2025" report to their offering. Improving global economy, rising petroleum consumption and production, stringent government & industry regulations and advancements in inspection technologies are key drivers of the global intelligent pigging services [Read more]

City of Cincinnati Selects Constellation as Natural Gas Supplier

CINCINNATI--(BUSINESS WIRE)--The City of Cincinnati has selected Constellation, a subsidiary of Exelon Corporation and a longtime competitive energy supplier in Ohio, to provide monthly variable-rate natural gas supply to more than 69,000 Cincinnati residents and small businesses. Constellation was selected following a competitive bidding process under the state’s natural gas choice governmental aggregation program. Under the terms of the agreement, the program’s monthly variable rate is [Read more]

Erin Energy Obtains Extension of Exploration Period Offshore Kenya

HOUSTON--(BUSINESS WIRE)--Erin Energy Corporation (Erin Energy or the Company) (NYSE MKT:ERN) announced today it has obtained an eighteen-month extension of the Initial Exploration Period (IEP) of its offshore Kenya blocks, L27 and L28. The IEP on blocks L27 and L28 has been extended to February 2017. “We are delighted to receive this eighteen-month extension,” said Segun Omidele, Senior Vice President, Exploration and Production. “This additional time to evaluate these blocks will allow us [Read more]

FTTN: New Report Predicting Enhanced Oil Recovery Market Set to Boom

LAS VEGAS--(BUSINESS WIRE)--A recently released industry research report is forecasting the enhanced oil recovery (EOR) market is expected to grow at a robust 16.9 percent clip between now and 2019. This glowing prospect has confirmed First Titan Corp’s. (OTCBB:FTTN) own information and bolstered the company’s plans to enter this increasingly promising market. The Global EOR Market 2015-2019 report, issued by consulting firm Technavios, gives several reasons why this crude oil production [Read more]

Hess to Participate in Barclays CEO Energy-Power Conference

NEW YORK--(BUSINESS WIRE)--Hess Corporation (NYSE:HES) announced today that John Hess, Chief Executive Officer, will present at the 2015 Barclays CEO Energy-Power Conference in New York on September 10 at 7:45 a.m. EDT. A live audio webcast and a replay of the presentation will be accessible via Hess Corporation’s website. About Hess: Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on Hess [Read more]

Weir’s Flow Line Safety Restraint System Outperforms in Industry-First Field Testing

ABERDEEN, Scotland--(BUSINESS WIRE)--Weir Oil & Gas today announced that industry-first field testing conducted in conjunction with an internationally recognized, independent testing facility in the United States confirms that Weir’s SPM® Flow Line Safety Restraint (FSR) system outperforms the restraint systems of other industry leaders. Test results were revealed at the SPE Offshore Europe Conference & Exhibition held in Aberdeen, Scotland. Restraint systems are designed to help contain [Read more]

Registration Now Open for the 2015-2016 Shell Science Lab Challenge

ARLINGTON, Va.--(BUSINESS WIRE)--Registration has opened for the 2015-2016 Shell Science Lab Challenge. The Challenge, which is sponsored by Shell Oil Company (Shell) and administered by the National Science Teachers Association, encourages science teachers (grades 6-12) in the U.S. and Canada, who have found innovative ways to deliver quality lab experiences utilizing limited school and laboratory resources, to apply for a chance to win up to $93,000 in prizes, including a grand prize school [Read more]

Praxair Signs Long-Term Helium Purchase Agreement

DANBURY, Conn.--(BUSINESS WIRE)--Praxair, Inc. (NYSE: PX), a global leader in the production and supply of helium, announced today that it has taken another step in enhancing its helium supply portfolio by signing a long-term agreement for the purchase of helium from Nacogdoches Oil & Gas (NOG). NOG operates a helium-bearing gas field in Apache County, Arizona, and will supply up to 100 million scf per year of helium under the agreement, with the potential for further expansion. “Developing [Read more]

EnLink Midstream to Attend Barclays CEO Energy-Power Conference

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 Michael J. Garberding, Executive Vice President and Chief Financial Officer, will present at the Barclays CEO Energy-Power Conference in New York City at 1:05 p.m. Eastern Daylight Time on Wednesday, September 9. The conference will be held at The Sheraton New York Times Square in New York City. A copy of the [Read more]