Qatar Petroleum and ExxonMobil announce final investment decision SABINE PASS, Texas--(BUSINESS WIRE)--The Golden Pass Products LLC export project at the existing Golden Pass LNG facility in Sabine Pass, Texas, is moving forward following a positive final investment decision from its owners, affiliates of Qatar Petroleum and ExxonMobil. Golden Pass awarded the engineering, procurement and construction contracts for the project to a joint venture [Read more]
ExxonMobil, Qatar Petroleum to Proceed with Golden Pass LNG Export Project
$10+ billion investment will create thousands of jobs, provide reliable LNG supply to global markets Project to have a capacity of around 16 million tons per year of liquefied natural gas (LNG) Exports expected to commence in 2024 IRVING, Texas--(BUSINESS WIRE)--ExxonMobil and partner Qatar Petroleum said today they have made a final investment decision to proceed with development of the Golden Pass LNG export project located in Sabine Pass, Texas. Construction will begin in the first [Read more]
First Infrastructure Capital Acquires Premier Delaware Basin Pipeline Through Acquisition of WhiteWater Midstream
The Transaction Positions WhiteWater for the Long Term and Provides Substantial Capital for Future Projects AUSTIN, Texas & HOUSTON--(BUSINESS WIRE)--WhiteWater Midstream (“WhiteWater”) and its financial sponsors, Denham Capital Management (“Denham”) and Ridgemont Equity Partners (“Ridgemont”), announced today that they have entered into definitive agreements for the sale of WhiteWater to funds managed by First Infrastructure Capital Advisors, LLC [Read more]
EPIC Announces Option Exercise by Affiliates of Noble Energy Inc., Apache Corporation and Diamondback Energy in Both the EPIC Crude and NGL Pipelines
Final phase of the NGL Pipeline remains on schedule and construction of the Crude Pipeline begins this month. SAN ANTONIO--(BUSINESS WIRE)--EPIC Midstream Holdings, LP (“EPIC” or “the Company”) today announced that Noble Midstream Partners LP (NYSE: NBLX) exercised its option for a 30% equity stake in the EPIC Crude Pipeline Project and a 15% equity stake in the EPIC NGL Pipeline while Altus Midstream Company (Nasdaq: ALTM), through one of its [Read more]
WPX Energy President to Speak at Credit Suisse Conference
TULSA, Okla.--(BUSINESS WIRE)--WPX Energy (NYSE:WPX) President and Chief Operating Officer Clay Gaspar is scheduled to speak at the Credit Suisse Energy Summit on Feb. 11. Gaspar’s presentation begins at 11:35 a.m. Mountain. A webcast is not available. His slide deck will be posted on www.wpxenergy.com. As previously disclosed, WPX also plans to discuss its fourth-quarter and full-year 2018 financial and operations results during a webcast on [Read more]
Imperial declares first quarter 2019 dividend
CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited today declared a quarterly dividend of 19 cents per share on the outstanding common shares of the company, payable on April 1, 2019, to shareholders of record at the close of business on March 4, 2019. This first quarter 2019 dividend compares with the fourth quarter 2018 dividend of 19 cents per share. Imperial has a long and successful history of growth and financial stability in Canada as a leading member of the petroleum industry. [Read more]
Imperial announces 2018 financial and operating results
CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSX:IMO): Full-year earnings of $2,314 million; $3,922 million cash generated from operations Record annual gross production at Kearl of 206,000 barrels per day Returned more than $2.5 billion to shareholders through share purchases and dividends Fourth quarter Twelve months millions of Canadian dollars, unless [Read more]
Genesis Energy, L.P. Declares Quarterly Distribution
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that, on January 9, 2019, the Board of Directors of its general partner declared a distribution on Genesis’ common units and 8.75% Class A Convertible Preferred Units attributable to the quarter ended December 31, 2018. These distributions will be paid on February 14, 2019 to holders of record at the close of business on January 31, 2019. Each holder of common units will [Read more]
Energy Transfer Operating, L.P. Announces Pricing of $4.0 Billion of Senior Notes
DALLAS--(BUSINESS WIRE)--Energy Transfer Operating, L.P. (formerly, Energy Transfer Partners, L.P., and a subsidiary of Energy Transfer LP) (“ETO”) today announced the pricing of its $750 million aggregate principal amount of 4.500% senior notes due 2024, $1.5 billion aggregate principal amount of 5.250% senior notes due 2029 and $1.75 billion aggregate principal amount of 6.250% senior notes due 2049 at a price to the public of 99.646%, 99.789% and [Read more]
Hess Midstream Partners LP Schedules Earnings Release Conference Call
HOUSTON--(BUSINESS WIRE)--lt;a href="https://twitter.com/search?q=%24HESM&src=ctag" target="_blank"gt;$HESMlt;/agt;--Hess Midstream Partners LP (NYSE:HESM) (“Hess Midstream”) announced today that it will hold a conference call on Wednesday, January 30, 2019 at 12:00 p.m. Eastern Time to discuss its fourth quarter 2018 earnings release. To phone into the conference call, parties in the United States should dial 866-395-9624 and enter the passcode [Read more]
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