SAN DIEGO, Jan. 20, 2016 (GLOBE NEWSWIRE) -- Royale Energy, Inc. announced it will move to the Over-The-Counter QB (OTCQB) a quality controlled segment of the OTC market, open only to companies that are registered with the SEC or bank regulators and who are current in the regulatory filing or to foreign companies listed on foreign stock exchanges. We believe this change will have minimal impact on the ability of investors to hold and trade our stock, and will allow shareholders to continue to [Read more]
Shell Midstream Partners, L.P. Declares 7.3% Increase in Quarterly Distribution
Houston, Jan. 20, 2016 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) announces that the Board of Directors of its general partner declared a cash distribution of $0.2200 per limited partner unit for the fourth quarter of 2015. This represents an increase of 7.3 percent over the previous quarter distribution of $0.2050 per unit and a 35.4 percent increase over the minimum quarterly distribution. The distribution will be paid February 11, 2016 to unitholders of record as of [Read more]
Quattro Agrees to Purchase Oil and Natural Gas Properties in Saskatchewan for $4,150,000
CALGARY, Alberta, Jan. 20, 2016 (GLOBE NEWSWIRE) -- Quattro Exploration And Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company") is pleased to announce the purchase of a 100% interest in oil and gas production, facilities and lands in west central Saskatchewan from an Alberta-based oil and gas exploration and production company (the “Acquisition”). The purchase price for the acquisition was $4,150,000, to be paid through the issuance of 35,000 non-voting, Class C, series 3 preferred shares [Read more]
Transportation Fuel Market to Rise at 1.62% CAGR from 2014 to 2022, Demand for Eco-friendly Fuels on the Rise: Transparency Market Research
Albany, NY, Jan. 20, 2016 (GLOBE NEWSWIRE) -- Transparency Market Research (TMR) has released a new market study, titled “Transportation Fuel Market - Global Industry Analysis, Size, Share, Growth Trends and Forecast 2014 - 2022”. According to the report, by volume, the global transportation market will expand at a modest 1.62% CAGR from 2014 to 2022, for the market to amount to 2,698.36 MTOE (million tons of oil equivalent) by 2022 from 2,332.57 MTOE in 2013. Browse Industry Research [Read more]
Laredo Petroleum Announces Senior Management Change
TULSA, OK, Jan. 19, 2016 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE:LPI) (“Laredo” or “the Company”) today announced that Jay P. Still has resigned as President, Chief Operating Officer and member of the Board of Directors to pursue other interests, effective January 28, 2016. The Board of Directors has determined that his duties will be assumed by Chairman and Chief Executive Officer, Randy A. Foutch. “I would like to thank Jay for his efforts over the last two and a half years and [Read more]
Synthesis Energy Systems, Inc. Heralds New Milestone Achievement at Zibo City Industrial Syngas Facility, First of Three for Aluminum Corporation of China
HOUSTON, Jan. 19, 2016 (GLOBE NEWSWIRE) -- Synthesis Energy Systems, Inc. (SES) (NASDAQ:SYMX), a global energy and gasification technology company whose advanced SES Gasification Technology (SGT) can produce clean, low-cost syngas for power generation, industrial fuel gas, chemicals and transportation fuels, replacing expensive natural gas, LNG and crude oil based energy, reports a progress update related to the first of three previously announced industrial syngas gasification facilities for [Read more]
Advance Notice of 4th Quarter 2015 Financial Results for Shell Midstream Partners, L.P.
Houston, Jan. 19, 2016 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) will host a conference call on Wednesday, February 24, 2016 at 10 a.m. CST to discuss 2015 fourth-quarter financial results, which will be released earlier that day. Shell Midstream Partners participants will be John Hollowell, president and chief executive officer, Susan Ward, vice president and chief financial officer, and Kevin Nichols, vice president commercial. Interested parties may listen to [Read more]
Corpus Christi Area Measurement Society Announces 2016 School and Exhibition
CORPUS CHRISTI, Texas, Jan. 18, 2016 (GLOBE NEWSWIRE) -- The Corpus Christi Area Measurement Society (CCAMS) School and Exhibition will be held February 16-17, 2016 at the Omni Corpus Christi Hotel in Corpus Christi, Texas. Following last year’s record attendance, this event will again focus on hydrocarbon measurement technologies for both gas and liquids that are most applicable to the rapidly expanding Eagle Ford Shale play of South Texas. Many of the CCAMS board members and long-time school [Read more]
Small-Scale LNG Plants – New Initiative Launched by Korea Gas Tech
MT. PROSPECT, Ill.--(BUSINESS WIRE)--Unitel Technologies, Inc. announced that our company has been selected by Korea Gas Technology Corporation (KOGAS-Tech) to conduct the front end engineering and design (FEED) program to commercialize a creative small-scale LNG business opportunity. Korea Gas (KOGAS) is currently the world’s largest importer of LNG. According to Mr. Chul-Ho Lee, Director of the New Business Technology Division at KOGAS-Tech, “Our objective is to design, build and operate [Read more]
Zion Oil & Gas Extends Its Senior Convertible Bond Rights Offering
DALLAS and CAESAREA, Israel, Jan. 14, 2016 (GLOBE NEWSWIRE) -- Zion Oil & Gas, Inc. (NASDAQ:ZN) today announced that it is extending its 10% Convertible Bond Subscription Rights Offering from the current expiration date of January 15, 2016 to March 31, 2016. The offering is being extended, for among other reasons, to afford Zion’s shareholders sufficient time to adequately and thoughtfully consider the offering. The Company has received numerous complaints from shareholders who hold through [Read more]
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