BOE Report

Transformer Oil Market expected to reach USD 4.05 billion by 2025

NEW YORK, May 30, 2017 /PRNewswire/ -- Highlights ·         The global transformer oil market is expected to reach USD 4.05 billion by 2025, according to a new report by Grand View Research, Inc. ·         Rural electrification in emerging economies and expanding manufacturing sites have driven energy needs and boosted transformers growth, subsequently contributing to oils demand in recent years. ·         Mineral-based products dominated the market in 2016, accounting for over 82% of the [Read more]

Callon Petroleum Company Announces Extension of Exchange Offer for Its 6.125% Senior Notes due 2024

NATCHEZ, Miss., May 26, 2017 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced that it has extended the deadline with respect to its offer to exchange up to $400 million aggregate principal amount of its outstanding unregistered 6.125% Senior Notes due 2024 (the "Old Notes") for an equivalent amount of its new 6.125% Senior Notes due 2024 registered under the Securities Act of 1933, as amended (the "New Notes").  As a result of the extension, the [Read more]

ONEOK and ONEOK Partners Announce Organizational Changes Consolidating Key Reporting Responsibilities

TULSA, Okla., May 25, 2017 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) and ONEOK Partners, L.P. (NYSE: OKS) have announced organizational changes. Walter S. Hulse III, 53, currently executive vice president, strategic planning and corporate affairs, becomes chief financial officer and executive vice president, strategic planning and corporate affairs. He will continue to report to Terry K. Spencer, ONEOK president and chief executive officer. Kevin L. Burdick, 52, currently executive vice [Read more]

Royal Dutch Shell Plc First Quarter 2017 Scrip Dividend Programme Reference Share Price

THE HAGUE, Netherlands, May 25, 2017 /PRNewswire/ -- The Board of Royal Dutch Shell plc ("RDS")(NYSE: RDS.A) (NYSE: RDS.B) today announced the Reference Share Price in respect of the first quarter interim dividend of 2017, which was announced on May 4, 2017 at $0.47 per A ordinary share ("A Share") and B ordinary share ("B Share") and $0.94 per American Depository Share ("ADS"). Reference Share Price  The Reference Share price is used for calculating a Participating Shareholder's entitlement [Read more]

Perpetual Energy Inc. Announces Election of Directors

CALGARY, May 24, 2017 /PRNewswire/ - (TSX: PMT) – Perpetual Energy Inc. ("Perpetual", the "Corporation" or the "Company") is pleased to announce that the nominees listed in the management proxy circular dated April 4, 2017 were elected as directors of Perpetual. The detailed results of the vote for the election of directors held at its annual meeting of shareholders earlier today in Calgary, Alberta are set out below.  Election of Directors On a vote by ballot, each of the following eight [Read more]

ONEOK President and Chief Executive Officer Provides Update at Annual Meeting of Shareholders

TULSA, Okla., May 24, 2017 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) President and Chief Executive Officer Terry K. Spencer today provided an update on the company's business operations at the company's annual meeting of shareholders. Spencer discussed the previously announced ONEOK and ONEOK Partners (NYSE: OKS) merger transaction and the long-term value it will create for shareholders. "This acquisition of the balance of ONEOK Partners underscores the strategic value we place on the business [Read more]

Panhandle Oil And Gas Inc. Announces Dividend Payment

OKLAHOMA CITY, May 19, 2017 /PRNewswire/ -- PANHANDLE OIL AND GAS INC. (NYSE: PHX) announced that its Board of Directors, at its May 17, 2017, meeting, approved a payment of the regular 4 cents per share quarterly dividend.  The dividend will be payable on June 13, 2017, to shareholders of record on May 31, 2017. Panhandle Oil and Gas Inc. (NYSE: PHX) is engaged in the exploration for and production of natural gas and oil.  Additional information on the Company can be found at [Read more]

Newfield Provides Second Quarter 2017 Conference Call Information

THE WOODLANDS, Texas, May 19, 2017 /PRNewswire/ -- Newfield Exploration Company (NYSE: NFX) will host its second quarter 2017 earnings conference call at 10:00 a.m. (CDT), Wednesday, August 2, 2017.  The Company plans to release its second quarter earnings after market close on August 1, 2017. To participate in the conference call, please dial (719) 457-2087 and provide conference code 3843455 at least 10 minutes prior to the scheduled start time.  In addition, a listen-only broadcast of the [Read more]

Permian Basin Royalty Trust Announces May Cash Distribution

DALLAS, May 19, 2017 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.052169 per unit, payable on June 14, 2017, to unit holders of record on May 31, 2017. This month's distribution decreased from the previous month due to a decrease in the pricing of oil and gas production for the combined Waddell Ranch and Texas Royalty Properties. On January 15, 2017, a fire occurred due to a [Read more]

Fortescue Metals Group Wins Metals Company of the Year: Platts Global Metals Awards

LONDON, May 18, 2017 /PRNewswire/ -- Fortescue Metals Group (FMG), one of the world's largest iron ore producers won the prestigious Metals Company of the Year award at the fifth annual Platts Global Metals Awards, which recognize exemplary performance in 15 categories across the steel, metals and mining complex. FMG was one of 15 honorees from four continents heralded at the black-tie gala in central London. The event, hosted by S&P Global Platts, the leading [Read more]