BOE Report

Kayne Anderson Announces Webcast on the State of the MLP Market

HOUSTON--(BUSINESS WIRE)--KA Fund Advisors, LLC (“Kayne Anderson”) announced today that it will hold a conference call for investors on August 3, 2015 at 1 p.m. Eastern time to provide an update on master limited partnerships (MLPs) and the energy infrastructure market. The call will be hosted by David LaBonte, Senior Research Analyst, with other members of Kayne Anderson’s senior management participating (including Kevin McCarthy and J.C. Frey, the co-heads of Kayne Anderson’s Marketable [Read more]

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

OKLAHOMA CITY--(BUSINESS WIRE)--Seventy Seven Energy Inc. (NYSE: SSE) today reported financial and operational results for the second quarter of 2015. Key information related to SSE for the second quarter is as follows: Consolidated Adjusted EBITDA of $44.3 million and Hydraulic Fracturing Adjusted EBITDA of $18.2 million Positive free cash flow for the quarter of $82.0 million Exercised $100 million accordion feature under its Term Loan Repurchased and cancelled $40.0 million in aggregate [Read more]

Freeport-McMoRan Announces Cost Reduction Plans

PHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Inc. (NYSE: FCX) today announced it has undertaken a comprehensive review of its operating plans in its mining and oil and gas businesses to target significant additional reductions in capital spending and operating and administrative costs in response to weak market conditions for its major products. These plans will also incorporate potential adjustments to mine plans and future copper and molybdenum production volumes to reduce costs and preserve [Read more]

cippe 2015 Shanghai: Focus on Innovation and Upgrade of Global Petrochemical Industry and Market Trends

SHANGHAI--(BUSINESS WIRE)--In the coming five years, China's economy will see significant changes in many aspects, with the economic growth rate from high to moderate, the growth pattern from extensive growth in scale and speed to intensive growth in quality and efficiency, its driving force from investment to innovation, and the structure from capacity expansion-oriented to expansion-and-optimization-oriented. Focusing on the upgrade of the traditional petrochemical industry, the challenges [Read more]

The Number of Natural Gas Refueling Stations is Expected to Reach Nearly 39,000 by 2025, According to Navigant Research

BOULDER, Colo.--(BUSINESS WIRE)--A new report from Navigant Research analyzes the market for natural gas refueling infrastructure and the factors expected to influence its deployment, including global market forecasts segmented by fuel type, station type, and region, through 2025. Due to its abundant supply, low price, and ability to reduce operating costs, natural gas is an increasingly appealing alternative for fueling ground vehicles. As fuel economy and greenhouse gas emissions standards [Read more]

Technip Awarded Offshore Brownfield and Subsea Tie-Backs for PETRONAS FLNG1

PARIS--(BUSINESS WIRE)--Regulatory News: Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) has been awarded an engineering, procurement, construction, installation and commissioning contract by PETRONAS Carigali for the tie-in of PETRONAS first Floating Liquefied Natural Gas (PFLNG1) facility to KAKG-A platform in Kanowit field, located 200 kilometers offshore Bintulu, East Malaysia, at a water depth of approximately 80 meters. The contract covers the procurement and installation of a 3.2 [Read more]

UIL Holdings To Invest In Regional Energy Solution

NEW HAVEN, Conn.--(BUSINESS WIRE)--UIL Holdings Corporation (NYSE:UIL) will invest in a natural gas transmission pipeline project that, when complete, is expected to alleviate capacity constraints in the system that serves New England and the northeast region. UIL announced its investment in the development of Kinder Morgan’s proposed Northeast Energy Direct (“NED”) natural gas pipeline project, which will extend approximately 188 miles of new transmission pipeline from New York State, [Read more]

Schlumberger gibt Finanzergebnisse des zweiten Quartals 2015 bekannt

LONDON, Großbritannien--(BUSINESS WIRE)--Schlumberger Limited (NYSE:SLB) hat heute die Ergebnisse für das zweite Quartal 2015 ausgewiesen.           (Angaben in Millionen US-Dollar, außer Angaben je Aktie) Dreimonatszeitraum bis Veränderung 30. Juni 2015 31. März 2015 30. Juni 2014 gegenüber Vorquartal gegenüber Vorjahr Umsatz $ 9.010 $ 10.248 $ 12.054 -12 % -25 % Betriebsergebnis vor Steuern 1.708 1.993 2.621 -14 % -35 % Erträge aus laufender [Read more]

Parsley Energy Schedules Second Quarter 2015 Earnings Conference Call for August 12

AUSTIN, Texas--(BUSINESS WIRE)--Parsley Energy, Inc. (NYSE: PE) (“the Company”) plans to release its second quarter 2015 financial and operating results after the market closes on Tuesday, August 11, 2015. In conjunction with the release, the Company has scheduled a conference call for Wednesday, August 12, at 11:00 a.m. Eastern Time (10:00 a.m. Central Time).   By Phone: Dial 412-902-0003 approximately 10 minutes before the scheduled start time and request the Parsley Energy earnings [Read more]

Energy Transfer Equity Announces Eleventh Consecutive Quarterly Cash Distribution Increase

DALLAS--(BUSINESS WIRE)--Energy Transfer Equity, L.P. (NYSE: ETE) (“ETE” or “Partnership”) today announced a $0.04 increase in its quarterly cash distribution to $0.53 per ETE common unit on a pre-split basis ($0.02 per ETE common unit to $0.265 on a post-split basis) for the second quarter ended June 30, 2015. Annualized, the increase equates to $2.12 per ETE common unit on a pre-split basis and $1.06 per ETE Common unit on a post-split basis. ETE previously announced a two-for-one split (“Unit [Read more]