BRISTOL, Va., March 8, 2016 /PRNewswire/ -- Alpha Natural Resources, Inc. (ANRZQ) today announced that it has filed a proposed Chapter 11 Plan of Reorganization ("the Plan") and a related Disclosure Statement with the United States Bankruptcy Court for the Eastern District of Virginia. Together with the recently-filed motion seeking approval of a marketing process for Alpha's core operating assets, these filings provide for the sale of Alpha's assets, detail a path toward the resolution of all [Read more]
Chesapeake Utilities Corporation (NYSE: CPK) To Ring The Closing Bell® At The New York Stock Exchange
DOVER, Del., March 7, 2016 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities"), a diversified energy company headquartered in Dover, Delaware, will ring The Closing Bell® on March 9, 2016 at the New York Stock Exchange. Ralph J. Adkins, Chair Emeritus and former Chair and Chief Executive Officer, will join the Company's executive leadership team to celebrate his more than 50 years of service to Chesapeake Utilities and its stockholders. Mr. Adkins served as [Read more]
Basic Energy Services Reports Selected Operating Data For February 2016
FORT WORTH, Texas, March 7, 2016 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of February 2016. Basic's well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 37,200 producing a rig utilization rate of 35%, compared to 38% and 55% in January 2016 and February 2015, respectively. During the month, Basic's fluid service truck count increased by one to 987. Fluid service truck hours [Read more]
Summit Midstream Partners, LP Announces 2015 K-1 Tax Package Availability
THE WOODLANDS, Texas, March 7, 2016 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) today announced that its 2015 tax packages, including the Schedule K-1, are now available online and may be accessed at https://www.partnerdatalink.com/Summit. SMLP began mailing the 2015 tax packages to unitholders on February 29, 2016 and completed the process on March 2, 2016. For additional information or assistance, unitholders may also call Partner DataLink at (855) 375-4158 Monday through [Read more]
Couche-Tard will release its 2016 third quarter results on March 15th
LAVAL, QC, March 7, 2016 /PRNewswire/ - Alimentation Couche-Tard Inc. (TSX: ATD.A ATD.B), will be issuing on March 15th, 2016 the financial results for its third quarter of 2016. Therefore, Couche-Tard invites analysts known to the Corporation to send their two questions to its management before 11:00 AM (EDT) on March 15th, 2016. Financial analysts and investors who wish to listen to the webcast on Couche-Tard's results which will take place online on March 15th, 2016 at 2:30 P.M. (EDT) [Read more]
Brightstock Alternatives Will Gain Ground as the Market Anticipates a Deficit of over 6.0 KBD, Finds Kline
PARSIPPANY, N.J., March 7, 2016 /PRNewswire/ -- The brightstocks market faces dwindling Group I supplies. In its recently published report, The Global Business Outlook for Brightstocks, global market research and management consulting firm Kline estimates that, even with limited new capacity additions, the market will experience a potential deficit of at least 6.0 KBD by 2025. Although there will be loss in demand for brightstocks from automotive engine oils due to the shift towards multigrade [Read more]
Global Compressor Oil Market CAGR Growth of 5.32% by 2019 – Trends, Technologies & Opportunities Report 2015-2019 – Key Vendors: CNPC, Exxon Mobile, BP
DUBLIN, March 7, 2016 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/2gxkwp/global_compressor) has announced the addition of the "Global Compressor Oil Market 2015-2019" report to their offering. This comprehensive report predicts that the global compressor oil market will grow with a CAGR of 5.32%, in terms of revenue, over the 2015-2019 period. Commenting on the report, an analyst from the team said: We expect the compressor oil market to grow during the [Read more]
United Wind Closes $8M in Series B Funding
BROOKLYN, N.Y., March 7, 2016 /PRNewswire/ -- United Wind, a leading provider of distributed wind energy solutions, announced today that it has closed an $8M Series B financing led by Statoil Energy Ventures and Forum Equity Partners. This financing enables United Wind to offer its unique, industry-leading WindLease program to new markets, empowering more customers throughout the Midwestern U.S. and beyond to save on electricity costs by harvesting their on-site wind energy through a fixed rate, [Read more]
Baker Hughes Announces February 2016 Rig Counts
HOUSTON, March 7, 2016 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for February 2016 was 1,018, down 27 from the 1,045 counted in January 2016, and down 257 from the 1,275 counted in February 2015. The international offshore rig count for February 2016 was 225, down 17 from the 242 counted in January 2016, and down 99 from the 324 counted in February 2015. The average U.S. rig count for February 2016 was 532, down 122 from the 654 [Read more]
Sasol Earnings Resilient Despite Oil, Chemical Prices Decline
JOHANNESBURG, March 7, 2016 /PRNewswire/ -- Strong operational performance across most of the value chain Secunda Synfuels Operations production volumes up 3% 4% increase in total liquid fuels production volumes in our Energy Business Normalised cash fixed costs down 8,4% in real terms Headline earnings per share down 24% to R24,28 despite a 47% decline in oil price Business Performance Enhancement Programme delivered sustainable actual cost savings of R3,1bn and updated target [Read more]
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