BEIJING, China, Jan. 25, 2016 /PRNewswire/ - (OTC:GNOLF) Genoil Upgrading News: Genoil's top management has been invited to China at the request of one of their largest oil companies. Genoil has lined up financing for several upgrading projects from a major Chinese lender, that is subject to approval on a project-by-project basis. The purpose of these projects is to secure heavy oil resources to be converted into light using the Genoil technology for the Chinese market. The proposed [Read more]
Linde Engineering North America Inc. to highlight the advantages of standardization for NGL recovery and fractionation
PITTSBURGH, Jan. 25, 2016 /PRNewswire/ -- Linde Engineering North America Inc. (LENA) will discuss their approach to standardization of Natural Gas Liquids (NGL) plants and how to optimize current assets at the Marcellus-Utica Midstream Conference and Exhibition. The conference will be held at the David L. Lawrence Convention Center on January 26-28, 2016, as part of a conference series produced by Hart Energy that is focused on developing unconventional oil and gas resources. LENA will [Read more]
Cheniere Energy Partners Declares Quarterly Distributions
HOUSTON, Jan. 22, 2016 /PRNewswire/ -- Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE MKT: CQP) today declared (i) a cash distribution per common unit of $0.425 ($1.70 annualized) to unitholders of record as of February 1, 2016, and (ii) the related distribution to its general partner. All of these distributions are payable on February 12, 2016. Cheniere Partners owns 100 percent of the Sabine Pass LNG terminal located on the Sabine-Neches Waterway less than four miles from the Gulf [Read more]
Platts Survey: OPEC Pumped 32.28 Million Barrels of Crude Oil Per Day in December
LONDON, Jan. 22, 2016 /PRNewswire/ -- Oil production from the Organization of the Petroleum Exporting Countries (OPEC) fell by 130,000 barrels per day (b/d) in December on lower volumes from Iraq, Nigeria and Saudi Arabia, according to the latest Platts survey of OPEC and oil industry officials and analysts. The latest survey -- which expands the estimate for Iraq to bring in volumes from the semi-autonomous Kurdistan region and also includes an estimate for Indonesia -- shows December output [Read more]
Floating Production Systems Market to Reach US$38,752.7 Million by 2019, Increasing Investments in Gas Exploration and Offshore Oil to drive global Industry – Transparency Market Research
ALBANY, New York, January 22, 2016 /PRNewswire/ -- Transparency Market Research (TMR), a market intelligence and research firm, has recently published a research study on the global floating production systems market. According to the report the market was valued at US$12,616 million in 2012. Analysts at TMR project the market to expand at a healthy CAGR of 17.20% during the period from 2013 and 2019 and reach a value of US$38,752.7 million by the end of the forecast period. The research [Read more]
Suncor Energy and Canadian Oil Sands mail and file documents for amended offer for COS shares
CALGARY, Jan. 22, 2016 /PRNewswire/ - Suncor Energy Inc. (TSX: SU; NYSE: SU) and Canadian Oil Sands Limited (TSX: COS) today announced the filing and mailing of a notice of variation and change to Suncor's offer and a notice of change to the COS directors' circular. These changes relate to the previously announced increase in the original offer to COS shareholders to 0.28 of a Suncor share for each COS share (the "Amended Offer"). The Amended Offer also provides for, among other [Read more]
Rice Midstream Partners LP Increases Quarterly Distribution
CANONSBURG, Pa., Jan. 22, 2016 /PRNewswire/ -- Rice Midstream Partners LP (NYSE: RMP) today announced the Board of Directors of its general partner has approved a cash distribution of $0.1965 per unit for the fourth quarter 2015, an increase of $0.003 per unit, or 2% above the third quarter 2015 distribution. The distribution is payable on February 11, 2016, to unitholders of record on February 2, 2016. About Rice Midstream Partners Rice Midstream Partners LP is a fee-based, growth-oriented [Read more]
Basic Energy Services Announces Fourth Quarter And Year End 2015 Earnings Release And Conference Call Schedule
FORT WORTH, Texas, Jan. 22, 2016 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") announced today it will release its fourth quarter and year end 2015 financial results after the market closes on Thursday, February 18, 2016. In conjunction with the release, Basic has scheduled a conference call that will be broadcast live over the Internet on Friday, February 19, 2016, starting at 9:00 a.m. Eastern Time (8:00 a.m. Central Time). What: Basic Energy Services Fourth Quarter [Read more]
Western Gas Announces Fourth Quarter 2015 Distribution And Schedules Earnings Conference Call
HOUSTON, Jan. 21, 2016 /PRNewswire/ -- Western Gas Partners, LP (NYSE: WES) announced today that the board of directors of its general partner declared a quarterly cash distribution of $0.80 per unit for the fourth quarter of 2015, marking a full-year 2015 distribution increase of 15-percent over the full-year 2014. This distribution also represents a 3-percent increase over the prior quarter and a 14-percent increase over the fourth quarter of 2014. WES's fourth quarter 2015 distribution is [Read more]
ONEOK Declares Quarterly Dividend
TULSA, Okla., Jan. 21, 2016 /PRNewswire/ -- The board of directors of ONEOK, Inc. (NYSE: OKE) today declared a quarterly dividend of 61.5 cents per share, effective for the fourth quarter 2015, resulting in an annualized dividend of $2.46 per share. The dividend is payable Feb. 12, 2016, to shareholders of record at the close of business Feb. 1, 2016. The dividend remains unchanged from the previous quarter and represents an increase of nearly 2 percent compared with the fourth quarter 2014. [Read more]
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