LONDON, May 2, 2017 /PRNewswire/ -- Oil and gas terminals, often termed as oil and gas depots, tank farms or tank terminals, facilitate storage of oil, gas and related products. These are thus, intermediate hubs which store and facilitate the allocation of oil and gas to end users. Oil & gas terminal automation systems are integrated solutions which help in easier monitoring and manage of various product management operations, from receipt of products through storage and distribution. These [Read more]
EEI Announces Finalists for 2017 Edison Award
WASHINGTON, May 2, 2017 /PRNewswire-USNewswire/ -- Four U.S. and three international electric companies have been named as finalists for the Edison Electric Institute's (EEI's) 2017 Edison Award. Since 1922, the Edison Award has recognized electric companies for their distinguished leadership, innovation, and contribution to the advancement of the electric power industry. It is regarded as the industry's most prestigious honor. In February, an independent panel of [Read more]
Energy Recovery Announces Launch of MTeq™ for Mud Pumping and Agreement with Sidewinder Drilling LLC as Maiden Early-Stage Partner
SAN LEANDRO, Calif., May 2, 2017 /PRNewswire/ -- Energy Recovery, Inc. (NASDAQ:ERII), the leader in pressure energy technology for industrial fluid flows, today announced the release of MTeq, a pumping solution engineered to increase productivity and reduce operating costs in the mud pumping process in Oil & Gas drilling applications by rerouting abrasive fluids away from high-pressure pumps. In conjunction with the MTeq product launch, Energy Recovery announces a partnership with Sidewinder [Read more]
Energy and Environmental Services adds Rep Sales, Inc. as Manufacturing Representatives in the U.S. Northeast Region
OKLAHOMA CITY, May 2, 2017 /PRNewswire/ -- Energy and Environmental Services, Inc. (OTC: EESE) is pleased to announce the addition of REP Sales, Inc. (RSi) as a manufacturing representative for the company's Enduro-BondTM corrosion-resistant coating process. "We're excited to partner with such a quality manufacturing rep," stated President Leon Joyce, "We believe RSi is a perfect fit for our strategy to expand the market for the company's Enduro-BondTM specialized coating process." Founded in [Read more]
PALMco Energy Announces International Expansion into Japanese Energy Market
NEW YORK, May 2, 2017 /PRNewswire/ -- PALMco Energy, a privately-owned energy supply company in the United States, today announced its first international expansion with the introduction of electricity supply services into the Japanese energy market. The service will be provided by Family Energy, GK, an affiliate of PALMco Energy. In April 2016, Japan transitioned into a deregulated retail energy model in order to modernize the country's energy sector and provide residents with a choice in [Read more]
Seven Lakes Technologies Recognized As CIO 100 Award Winner By CIO Magazine
WESTLAKE VILLAGE, Calif., May 2, 2017 /PRNewswire/ -- IDG's CIO today announces Seven Lakes Technologies as a recipient of the 2017 CIO 100. The 30th annual award program recognizes organizations around the world that exemplify the highest level of operational and strategic excellence in information technology. "Technology innovation and business value have always been at the heart of our CIO 100 awards, which honor the IT organizations thriving on the front lines of the digital revolution," [Read more]
Ecopetrol Announces Timing of the First Quarter of 2017 Earnings Report
BOGOTA, Colombia, May 2, 2017 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or the "Company) will release on May 11, 2017 its financial and operating results for the first quarter of 2017. Ecopetrol will host two conference calls to review the results on May 12, 2017. The details of the conference calls will be announced to the market within the next days. The earnings release will be available on Ecopetrol's website: www.ecopetrol.com.co This release contains [Read more]
Shell announces the completion of the transaction to separate Motiva assets
HOUSTON, May 1, 2017 /PRNewswire/ -- Royal Dutch Shell plc ("Shell") announces today the completion of the transaction for the separation of assets, liabilities and businesses of Motiva Enterprises LLC ("Motiva"). As announced when the definitive agreements were signed, the separation is as follows: Saudi Aramco (through its wholly owned Saudi Refining, Inc. subsidiary) assumes full ownership of the Motiva Enterprises LLC name and legal entity, including the refinery at Port Arthur, Texas [Read more]
Freepoint Energy Solutions to Commence Operations
STAMFORD, Conn., May 1, 2017 /PRNewswire/ -- Freepoint Commodities LLC ("Freepoint") announced today that its retail energy supply subsidiary, Freepoint Energy Solutions LLC ("Freepoint Energy Solutions"), has commenced operations. Rollout of the business will begin in Illinois, Ohio, and Pennsylvania with the remainder of the PJM energy market going live over the next few months. Freepoint Energy Solutions plans to enter ERCOT, NYISO and ISO-NE energy markets in a phased approach over the next [Read more]
Paramount Resources Ltd. to Sell its Oil and Gas Properties in Valhalla for Approximately $150 Million Cash
CALGARY, May 1, 2017 /CNW/ - Paramount Resources Ltd. (TSX:POU) ("Paramount" or the "Company") is pleased to announce that it has agreed to sell its oil and gas properties in the Valhalla area of Alberta (the "Assets") for cash consideration of approximately $150 million, subject to customary post-closing adjustments. The Assets encompass approximately 94 (74 net) sections of land and had estimated sales volumes of approximately 1,400 Boe/d for the three-month period ended March 31, 2017. [Read more]
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