WASHINGTON, May 10, 2017 /PRNewswire-USNewswire/ -- API expressed disappointment with a no vote to stop an unnecessary, costly and duplicative methane regulation, but said it was encouraged by the Interior Department's review of the rule as part of an executive order signed in March. "America's natural gas and oil industry supports commonsense regulation, but the BLM's technically flawed rule on methane emissions is an unnecessary and costly misstep," said API [Read more]

COUNCIL BLUFFS, Iowa, May 10, 2017 /PRNewswire/ -- Southwest Iowa Renewable Energy, LLC (" SIRE " or the "Company") announced its unaudited financial results for the three months and six months ended March 31, 2017.   Results for the Second Quarter of Fiscal 2017 (Amounts in 000's) Three Months Ended March 31, 2017 Three Months Ended March 31, 2016 Six Months Ended March 31, 2017 Six Months Ended March 31, 2016 Revenues $56,073 $54,122 [Read more]

HOUSTON, May 10, 2017 /PRNewswire/ -- Gastar Exploration Inc. (NYSE MKT: GST) ("Gastar") announced today that it has declared monthly cash dividends on its 8.625% Series A Preferred Stock ("Series A Preferred Stock") and its 10.75% Series B Preferred Stock ("Series B Preferred Stock") for May 2017. The dividend on the Series A Preferred Stock is payable on May 31, 2017 to holders of record at the close of business on May 22, 2017.  The May 2017 dividend payment will be an annualized 8.625% per [Read more]

LONDON, May 8, 2017 /PRNewswire/ -- VTTI Energy Partners LP (NYSE: VTTI) (the "Partnership") announced today that it has entered into a definitive merger agreement with VTTI B.V. ("VTTI") pursuant to which VTTI will acquire, for cash, all of the outstanding publicly held common units of the Partnership, at a price of US$19.50 per common unit for an aggregate transaction value of approximately US$481 million.  The revised price represents an increase of US$0.75 when compared to the offer of [Read more]

LONDON, May 8, 2017 /PRNewswire/ -- The demand-supply imbalance in the oil & gas industry over the past couple of years has had far-reaching economic and geopolitical implications for the global market. The strong production in the North American and Russian markets led to an oversupply, which triggered a price crash and economic instability in the euro zone, geopolitical tensions in the Middle East and Africa region, and low demand in Asia-Pacific. Further, the low revenue inflow compelled oil [Read more]

YANGON, Myanmar, May 8, 2017 /PRNewswire/ -- Puma Energy Asia Sun (P.E.A.S), a joint venture between Puma Energy, the global mid and downstream energy company, and Asia Sun Energy (ASE), a local company experienced in logistics and trading in Myanmar, celebrated the opening of its petroleum products terminal at Thilawa port, southeast of Yangon.      (Logo: http://mma.prnewswire.com/media/508348/Puma_Energy_Logo.jpg ) This USD92 million investment into the country's largest and most modern [Read more]

CALGARY, May 5, 2017 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA; NYSE: TAC) today reported first quarter 2017 comparable EBITDA(1) of $274 million, funds from operations ("FFO")(1) of $203 million, and free cash flow ("FCF")(1) of $98 million. Comparable EBITDA(1) decreased by $5 million compared to last year due to previous hedges rolling off and being replaced with lower priced hedges and as a result of higher mining costs. In addition, Energy Marketing was [Read more]