BOE Report

Tortoise Pipeline & Energy Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of June 30, 2015

LEAWOOD, Kan.--(BUSINESS WIRE)--Tortoise Pipeline & Energy Fund, Inc. (NYSE: TTP) today announced that as of June 30, 2015, the company’s unaudited total assets were approximately $396.1 million and its unaudited net asset value was $305.2 million, or $30.47 per share. As of June 30, 2015, the company was in compliance with its asset coverage ratios under the Investment Company Act of 1940 (the 1940 Act) and basic maintenance covenants. The company’s asset coverage ratio under the 1940 Act with [Read more]

Tortoise Power and Energy Infrastructure Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of June 30, 2015

LEAWOOD, Kan.--(BUSINESS WIRE)--Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE: TPZ) today announced that as of June 30, 2015, the company’s unaudited total assets were approximately $242.2 million and its unaudited net asset value was $191.9 million, or $27.60 per share. As of June 30, 2015, the company was in compliance with its asset coverage ratios under the Investment Company Act of 1940 (the 1940 Act). The company’s asset coverage ratio under the 1940 Act with respect to senior [Read more]

Tortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of June 30, 2015

LEAWOOD, Kan.--(BUSINESS WIRE)--Tortoise Energy Infrastructure Corp. (NYSE: TYG) today announced that as of June 30, 2015, the company’s unaudited total assets were approximately $3.8 billion and its unaudited net asset value was $2.0 billion, or $41.25 per share. As of June 30, 2015, the company was in compliance with its asset coverage ratios under the Investment Company Act of 1940 (the 1940 Act) and basic maintenance covenants. The company’s asset coverage ratio under the 1940 Act with [Read more]

Hess Schedules Earnings Release Conference Call

NEW YORK--(BUSINESS WIRE)--Hess Corporation (NYSE:HES) announced today that it will hold a conference call on Wednesday, July 29, 2015, at 10 a.m. Eastern Daylight Time to discuss its second quarter 2015 earnings release. To phone into the conference call, parties in the United States should dial 1-866-318-8618 and enter the pass code 64595974 after 9:45 a.m. Outside the United States, parties should dial 617- 399-5137 and enter the pass code 64595974. This conference call will also be [Read more]

GasLog Partners LP Announces Closing of the Acquisition of Three Vessels from GasLog Ltd.

MONACO--(BUSINESS WIRE)--GasLog Partners LP (NYSE:GLOP) (“GasLog Partners” or the “Partnership”) and GasLog Ltd. (NYSE:GLOG) (“GasLog”) announced today the closing of the Partnership’s acquisition from GasLog of 100% of the ownership interests in the entities that own and charter the liquefied natural gas (“LNG”) carriers the Methane Alison Victoria, the Methane Shirley Elisabeth and the Methane Heather Sally. About GasLog Ltd. GasLog is an international owner, operator and manager of LNG [Read more]

CST Brands & CrossAmerica Announce the Closing of Dropdown Transactions and Acquisition of One Stop Stores

SAN ANTONIO & ALLENTOWN, Pa.--(BUSINESS WIRE)--CST Brands, Inc. (NYSE: CST) (“CST Brands”) and CrossAmerica Partners LP (NYSE: CAPL) (“CrossAmerica” or the “Partnership”) announced today the closing of the previously-announced dropdown transactions between CST Brands and CrossAmerica. The transactions entailed the acquisitions of the real property associated with 29 New to Industry stores (NTIs) and an additional 12.5% interest in CST Fuel Supply LP for aggregate consideration of $142.0 million [Read more]

Hess Completes Sale, Establishes Bakken Midstream Joint Venture Valued at $5.35 Billion

NEW YORK--(BUSINESS WIRE)--Hess Corporation (NYSE: HES) today completed the previously announced sale of a 50 percent interest in its Bakken midstream assets to Global Infrastructure Partners for cash consideration of $2.675 billion. As planned, Hess and Global Infrastructure Partners have created a premier midstream joint venture -- Hess Infrastructure Partners. The joint venture has incurred $600 million of debt through a 5-year Term Loan A facility with proceeds distributed equally to both [Read more]

Delfin LNG Announces Equity Investment by Enbridge, Inc.

HOUSTON--(BUSINESS WIRE)--Fairwood Peninsula Energy Corp ("Fairwood LNG”), the parent company and 100%-owner of Delfin LNG LLC (“Delfin LNG”), today announced a strategic alliance with Enbridge, Inc. (“Enbridge”) (TSX/NYSE:ENB), in which Enbridge has purchased an equity position in Fairwood LNG. Enbridge has made a five percent equity investment in Fairwood LNG. Enbridge has also entered into a Joint Development Agreement with Fairwood LNG to assist in the development of offshore LNG facilities [Read more]

Synchrony Financial and Chevron Introduce More Fuel Savings with Enhanced Credit Card Loyalty Programs, Sign Multi-Year Agreement

STAMFORD, Conn. & SAN RAMON, Calif.--(BUSINESS WIRE)--In time for peak driving season, Synchrony Financial (NYSE:SYF) and Chevron U.S.A. Inc. today announced the new Techron AdvantageTM Fuel Credits Program for consumers. Beginning July 1, both new1 and existing personal private label and dual-branded Visa® cardholders can earn additional Fuel Credits on their fuel purchases at nearly 8,000 Chevron- and Texaco-branded stations nationwide. The new Fuel Credits program is part of a multi-year [Read more]

Research and Markets: Global Diesel Fuel Additives (Deposit Control Additives, Cetane Improvers, Antioxidants, Dyes & Markers, Lubricity Improvers, Cold Flow Improvers, & Stability Improvers) Market 2015-2019

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/djfh4j/global_diesel) has announced the addition of the "Global Diesel Fuel Additives Market by Type and by Geography - Analysis & Forecast to 2019" report to their offering. The global diesel additives market was valued at $3,717.7 million in 2014 and is projected to grow at a CAGR of 7.3% from 2014 to 2019. The market was led by the deposit control additives segment in 2014, among types, with a 36.4% [Read more]