BOE Report

Cimarex Schedules First Quarter 2016 Earnings Release and Conference Call

DENVER, March 29, 2016 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) today announced that it plans to report first quarter 2016 financial results on Wednesday, May 4, 2016, after market close. The company will host its quarterly conference call at 11:00 AM EDT on Thursday, May 5, 2016.   The call will be webcast and is accessible via the Cimarex website at www.cimarex.com. To join the live, interactive call, please dial 1-866-367-3053 ten minutes before the scheduled start time (international [Read more]

Shell Eco-marathon® Announces First World Championship Competition For UrbanConcept Vehicles

WINNING TEAM WILL EARN AN INVITE TO SPEND ONE WEEK WITH SCUDERIA FERRARI AT THEIR FACTORY IN ITALY    DETROIT, March 29, 2016 /PRNewswire/ -- In less than one month, more than 1,200 high school and university students from 129 teams across the Americas – Brazil, Canada, Ecuador, Guatemala, Mexico, Puerto Rico, and the United States – will return to the streets of downtown Detroit with a fleet of custom-built, ultra-energy efficient cars to compete in the 10th Shell Eco-marathon Americas. [Read more]

Global Hydrocarbon Supply Outlook Projects Market through 2035

HOUSTON, March 29, 2016 /PRNewswire/ --  A worldwide glut of crude oil, partially fueled by the U.S. shale revolution, has thrown the market off balance causing prices to plummet to historic lows. With projections to 2035, Stratas Advisors' new subscription service Global Hydrocarbon Supply provides insight into how the oil and gas supply situation will evolve in this low-price era and how it affects business planning. From refiners and petrochemical firms, to E&P operators, the financial [Read more]

$7.7 Trillion Global Oil and Gas Exploration and Production Market – Analysis 2013-2015 & Industry Forecasts 2016-2025

DUBLIN, March 29, 2016 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/zckgdh/global_oil_and) has announced the addition of the "Global Oil and Gas Exploration and Production Market Analysis & Trends - Industry Forecast to 2025" report to their offering. The Global Oil and Gas Exploration and Production Market is poised to grow at a CAGR of around 4.5% over the next decade to reach approximately $6.7 trillion by 2025. This industry report analyzes the [Read more]

Sinopec Records Net Profit RMB 43.7 Billion in 2015

BEIJING, March 29, 2016 /PRNewswire/ -- China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX: 386; SSE: 600028; NYSE: SNP) today announced its annual results for the twelve months ended 31 December 2015. Financial Highlights: In accordance with the International Financial Reporting Standards (IFRS), the Company's net profit was RMB 43.7 billion, decreased by 8.9% year-on-year. In accordance with China Accounting Standards for Business Enterprises ("ASBE"), the [Read more]

Pembina Pipeline Corporation Announces Closing of Bought Deal Financing and Exercise in Full of Over-Allotment Option for Gross Proceeds of $345 Million

All financial figures are in Canadian dollars. CALGARY, March 29, 2016 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) is pleased to announce that it has closed its previously announced bought deal offering of 10,148,750 common shares at a price of $34.00 per share through a syndicate of underwriters (the "Offering"), which includes 1,323,750 common shares issued at the same price on the exercise in full of the over-allotment option granted to [Read more]

Making Every Dollar Count – Jereh At CIPPE 2016

YANTAI, China, March 29, 2016 /PRNewswire/ -- At this year's China International Petroleum & Petrochemical Technology and Equipment Exhibition (CIPPE), Jereh is highlighted a full range of solutions to improve the economics of oil and gas operations now and in the future, as well as global practices, offering visitors an unprecedented level of information and interactivity. Following the theme of "Making Every Dollar Count", the booth shows the company's key products, services and capabilities [Read more]

Algon Group Expands Energy Industry Expertise with Geir Aune, Dirk Van Doren and Rich Bernardy

NEW YORK and HOUSTON and OSLO, Norway, March 29, 2016 /PRNewswire/ -- Algon Group announced that Geir Aune, Dirk M. Van Doren, and Rich Bernardy have affiliated with the firm, expanding its advisory services to the energy sector. Algon's team has managed more than $18 billion of restructurings and financings in an array of high-profile transactions, representing companies, shareholders, lenders, committees, private equity funds and other stakeholders of companies in financial distress. Geir [Read more]

Patterson-UTI Energy Announces First Quarter Earnings Conference Call and Webcast

HOUSTON, March 29, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold its conference call on Thursday, April 28, 2016, at 9:00 a.m. Central Time to discuss results for the first quarter ended March 31, 2016.  Participants can access the call by dialing (866) 841-7265 or (704) 908-0463 with the passcode 51014956.  The call will also be webcast and can be accessed through a link in the Investors section of the Company's website at www.patenergy.com.  A replay of the [Read more]

Hastings Equity Partners Acquires Cactus Fuel

BOSTON, March 28, 2016 /PRNewswire/ -- Hastings Equity Partners (Hastings), a private equity firm focused on investing in lower middle market energy services and equipment companies, is excited to announce its fifth Fund III platform investment in Cactus Fuel, LLC. (Cactus). Based in Midland, Texas, Cactus Fuel is a value-added distributor of fuel and lubricants to upstream and midstream customers throughout the Permian Basin. Founded in 2012, Cactus Fuel is recognized as a market leader in the [Read more]