BOE Report

Kinder Morgan to Purchase 100% of Shell’s Equity Interest in the Elba LNG Liquefaction Joint Venture

HOUSTON--(BUSINESS WIRE)--Kinder Morgan, Inc. (NYSE: KMI) and Shell (NYSE: RDS.A, RDS.B) today announced that they have reached an agreement for Kinder Morgan to purchase 100 percent of Shell’s equity interest in Elba Liquefaction Company, LLC (ELC), the owner of the Elba Liquefaction Project, which is proposed to be constructed and operated at the existing Elba Island LNG Terminal near Savannah, Georgia. Kinder Morgan currently owns 51 percent of the ELC joint venture. Shell owns the remaining [Read more]

Fitch: E&P Bankruptcies Propel US High Yield Energy Default Rate

NEW YORK--(BUSINESS WIRE)--Fitch's high yield energy sector default rate continued to climb with the recent Chapter 11 filings of two more exploration and production (E&P) companies, driving the trailing 12-month (TTM) rate more than one-half point higher to 2.6% and the E&P subsector rate to 5.1% from 3.7%, according to Fitch Ratings. The default rate includes issuers of high yield bonds in the U.S. irrespective of the issuer domicile. Significant decreases in oil and gas market prices have [Read more]

Breitburn Energy Partners Schedules Conference Call and Webcast to Discuss Second Quarter 2015 Results

LOS ANGELES--(BUSINESS WIRE)--Breitburn Energy Partners LP (NASDAQ:BBEP) will hold a conference call on Thursday, August 6, 2015, at 9:00 am (PDT) following the release of its second quarter financial results. The conference call may be accessed by calling 888-417-8465 (international callers dial 719-325-2215) or via webcast at http://ir.breitburn.com/. An archived edition of the conference call will also be available through August 13, 2015, by calling 877-870-5176 (international callers dial [Read more]

EXCO Resources, Inc. Schedules Earnings Release and Conference Call

DALLAS--(BUSINESS WIRE)--EXCO Resources, Inc. (NYSE: XCO) today announced that it will be releasing second quarter 2015 results on Monday, July 27, 2015, before the market opens. EXCO will host a conference call on Monday, July 27, 2015, at 9:00 a.m. (Central Time) to discuss the contents of this release and respond to questions. Please call (800) 309-5788 if you wish to participate, and ask for the EXCO conference call ID# 24918639. The conference call will also be webcast on EXCO’s website at [Read more]

GasLog Partners LP Announces Date for Second Quarter 2015 Results, Conference Call and Webcast

MONACO--(BUSINESS WIRE)--GasLog Partners LP (NYSE:GLOP), a master limited partnership and international owner, operator and manager of liquefied natural gas (“LNG”) carriers, today announced that it will release its financial results for the second quarter of 2015 before the market opens on Thursday, July 30, 2015. GasLog Partners LP will host a conference call to discuss its results for the second quarter of 2015 at 8:30 a.m. ET (1:30 p.m. London Time) on Thursday, July 30, 2015. Andrew Orekar, [Read more]

Wireless Seismic, Inc. and FairfieldNodal Settle Lawsuit

SUGAR LAND, Texas--(BUSINESS WIRE)--Wireless Seismic, Inc. and FairfieldNodal are pleased to announce that on July 2, 2015 a mutual settlement was reached, and at the request of the parties, the Federal District Court in Houston dismissed all of FairfieldNodal’s claims against Wireless Seismic. This dismissal resolves all patent infringement claims asserted by FairfieldNodal against Wireless Seismic. This means that Wireless Seismic is free to sell and support RT System 2, and its customers are [Read more]

Hilco Industrial, in Partnership with Gordon Brothers Group, Brings Preferred Sands Machinery and Equipment Auction to the Proxibid Marketplace

OMAHA, Neb.--(BUSINESS WIRE)--Proxibid (www.proxibid.com), the most trusted online Marketplace for buying and selling highly valued items, has been selected by Hilco Industrial (www.hilcoindustrial.com) and Gordon Brothers Group as one of the groups to offer live online bidding for its upcoming auction of machinery and equipment used for the production and distribution of premium grade frac sand. The auction will take place Tuesday, July 28 at 10 am Central in Saskatoon, SK, with live online [Read more]

Occidental Petroleum 2nd Quarter 2015 Results to be Announced Thursday, July 30, 2015

HOUSTON--(BUSINESS WIRE)--Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Thursday, July 30, 2015, at 10 a.m. Eastern, following the release of its second quarter 2015 financial results. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at http://www.oxy.com/. Participants may pre-register for the conference call at http://dpregister.com/10068365. All remarks made during the conference call will be [Read more]

Research and Markets: China Lubricating Oil Markets Study 2015 – Historical data (2004, 2009 and 2014) and long-term forecasts through 2019 and 2024

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/gtlfnn/lubricating_oil) has announced the addition of the "Lubricating Oil Markets in China" report to their offering. China's demand for Lubricating Oil has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & [Read more]

WPX Energy to Enter Permian Basin with Transformative Transaction

TULSA, Okla.--(BUSINESS WIRE)--WPX Energy (NYSE: WPX), a domestic energy producer with operations in the western United States, today announced a definitive merger agreement to acquire privately held RKI Exploration & Production, LLC for $2.35 billion plus the assumption of $400 million of debt. The majority of RKI’s leasehold is located in Loving County, Texas, and Eddy County, N.M., where the company has four rigs deployed. RKI’s liquids-rich assets in the Permian Basin [Read more]