BOE Report

Saudi Refining, Inc. and Shell sign letter of intent to separate Motiva assets

HOUSTON, March 16, 2016 /PRNewswire/ -- Saudi Arabian Oil Company ("Saudi Aramco") through its wholly owned Saudi Refining Inc. ("SRI") subsidiary and Royal Dutch Shell plc ("Shell"), through its U.S. downstream affiliate, announce today they have signed a non-binding Letter of Intent to divide the assets of Motiva Enterprises LLC. The Motiva joint venture was formed in 1998 and has operated as a 50/50 refining and marketing joint venture between the parties since 2002.  In the proposed [Read more]

Shanghai Petrochemical Announces 2015 Annual Results

HONG KONG, March 16, 2016 /PRNewswire/ -- Sinopec Shanghai Petrochemical Company Limited ("Shanghai Petrochemical" or the "Company") (HKEx: 00338; SSE: 600688; NYSE: SHI) today announced the audited operating results of the Company and its subsidiaries (the "Group") prepared under International Financial Reporting Standards ("IFRS") for the year ended 31 December 2015 (the "Year"). According to IFRS, revenue of the Group for the Year amounted to RMB 80,748.1 million, representing a decrease of [Read more]

Liard Basin one of the largest shale gas resources in the world, new assessment shows

CALGARY, March 16, 2016 /CNW Telbec/ - The National Energy Board (NEB), the British Columbia Oil and Gas Commission, the Yukon Geological Survey, the Northwest Territories Geological Survey and the British Columbia Ministry of Natural Gas Development today released the first detailed study estimating the marketable unconventional natural gas resources in the Liard Basin. As changes in technology continue to enable industry to unlock new unconventional gas resources, a collaborative resource [Read more]

Floating Liquefied Natural Gas (FLNG) Market 2016-2026

LONDON, March 16, 2016 /PRNewswire/ -- Capex and Capacity Forecasts for LNG FPSOs and FSRUs The floating liquefied natural gas (FLNG) market is developing quickly, with the first LNG FPSOs scheduled for delivery in 2016 and the number of countries ordering FSRUs expanding. Though the impact of lower oil prices and an oversupplied LNG market are creating challenges to project economics, the FLNG market will continue to register strong growth over the coming decade. The FLNG market will reach a [Read more]

Global Heat Transfer Fluids Market Expected to Grow at 6.8% CAGR During 2016-2021: P&S Market Research

NEW YORK, March 16, 2016 /PRNewswire/ -- The global heat transfer fluids (HTFs) market was valued at an estimated $2,811.0 million in 2015, in terms of value; and it is expected to grow at a CAGR of 6.8% during 2016-2021. The factors driving the growth of the global market include growing chemical, petrochemical, and HVAC industries; expanding CSP activity in North America and Europe, and relatively higher replacement rates of synthetic aromatic HTFs. The key trend witnessed in the global [Read more]

Sequa Petroleum N.V. General Meeting 3 June 2016

LONDON, March 16, 2016 /PRNewswire/ -- The following notice and explanatory notes below, as well as the proxy voting form and accounts for the year ending 31st December 2015 are available on the company's website at http://www.sequa-petroleum.com/corporate/. Notice of the General Meeting of Shareholders of Sequa Petroleum N.V.  Shareholders are hereby invited to attend the General Meeting of Shareholders (GM) of Sequa Petroleum N.V. (the Company), to be held at the 24th floor, Rembrandt [Read more]

Bellatrix Announces 2015 Year End Reserves

TSX, NYSE: BXE CALGARY, March 16, 2016 /PRNewswire/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) is pleased to announce its 2015 year-end reserves information.  Reserves at December 31, 2015 were independently evaluated by Sproule Associates Limited ("Sproule"). The evaluation encompasses 100% of Bellatrix's oil and gas properties and was prepared in accordance with National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities ("NI 51-101"). 2015 [Read more]

Bellatrix Exploration Ltd. Announces Fourth Quarter and Year End 2015 Financial Results

TSX, NYSE: BXE CALGARY, March 16, 2016 /PRNewswire/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NSE: BXE) announces its financial and operating results for the fourth quarter and year ended December 31, 2015.  This press release contains forward-looking statements.  Please refer to our cautionary language on forward-looking statements and the other matters set forth at the end of this press release and the beginning of the Management's Discussion and Analysis (the [Read more]

Liquefied Natural Gas (LNG) Infrastructure Market 2016-2026: CAPEX on Large-Scale Onshore Liquefaction & Regasification and Prospects for Leading Companies

NEW YORK, March 15, 2016 /PRNewswire/ -- There are a number of exciting LNG liquefaction prospects around the world in 2016, both under construction and prospective. The question is whether the demand of East Asia is strong enough to support the economics of an abundant supply of liquefaction opportunities. This report tackles that question, forecasting the feasibility and likelihood of further liquefaction and regasification investment around the world. In doing so, it makes judgement calls [Read more]

Gas Natural Inc. Reports 2015 Fourth Quarter and Full Year Results

CLEVELAND, March 15, 2016 /PRNewswire/ -- Gas Natural Inc. (NYSE MKT: EGAS) (the "Company"), a holding company operating local natural gas utilities serving approximately 68,000 customers in four states, reported financial results for the fourth quarter and year ended December 31, 2015.  The Company reported income from continuing operations of $0.7 million, or $0.07 per share, for the fourth quarter, compared with income from continuing operations of $1.2 million, or $0.11 per share, for the [Read more]