BOE Report

Bechtel Close to LNG Completion on Curtis Island with Australia Pacific LNG First Cargo

GLADSTONE, Australia, Jan. 11, 2016 /PRNewswire/ -- Bechtel today announced that all three of its Liquefied Natural Gas projects on Curtis Island are now operational with Australia Pacific LNG exporting its first cargo. Four of the six LNG trains to be constructed by Bechtel on Curtis Island in Queensland, Australia are now producing LNG with the remaining two trains expected to come online in 2016. "We relied on our people, their knowledge and experience to collaborate with our customers and [Read more]

Marathon Oil Eagle Ford Program, South Texas Digital Oil Field Phase II Awarded

HOUSTON, Jan. 11, 2016 /PRNewswire/ -- Energy Industry Consultants and Engineers (EICE) Intl., a wholly owned subsidiary of Technical Toolboxes Inc. (TTI), was awarded Phase II implementation of the Marathon Oil Eagle Ford Digital Oil Field Program in South Texas.  TTI/EICE, an industry leading digital oil field consulting company, is subcontracted to EMC on this project.  Recent analysis by IHS found that in the past decade, the application of digital technologies boosted output 8 percent and [Read more]

Vermilion Energy Inc. Announces $0.215 Cdn Cash Dividend for February 16, 2016 Payment Date

CALGARY, Jan. 11, 2016 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.215 CDN per share payable on February 16, 2016 to all shareholders of record on January 22, 2016. The ex-dividend date for this payment is January 20, 2016. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, [Read more]

Canadian Oil Sands Acknowledges Shareholders' Overwhelming Rejection of Suncor's Bid

Urges Suncor to Be Clear with the Market on the Extent of Rejection CALGARY, Jan. 11, 2016 /PRNewswire/ - Canadian Oil Sands Limited (TSX: COS) (OTCQX: COSWF) ("COS" or "Canadian Oil Sands") acknowledges the overwhelming rejection of Suncor Energy Inc.'s ("Suncor") substantially undervalued and opportunistic hostile bid.  Canadian Oil Sands believes Suncor has an obligation to disclose material facts on its bid to COS shareholders, including the actual tender results and calls on Suncor [Read more]

Summit Midstream Partners, LP to Attend UBS MLP One-on-One Conference

THE WOODLANDS, Texas, Jan. 8, 2016 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that members of its senior management team will participate at the UBS MLP One-on-One Conference in Park City, Utah on January 12, 2016 and January 13, 2016.  The related presentation materials associated with this event will be accessible through the Investors section of SMLP's website at www.summitmidstream.com prior to the beginning of the conference on January 12, 2016. About [Read more]

Columbia Pipeline Group Advances Two Additional Appalachian Expansion Projects

HOUSTON, Jan. 8, 2016 /PRNewswire/ -- Columbia Pipeline Group, Inc. ("CPG") (NYSE: CPGX) and Columbia Pipeline Partners LP (NYSE: CPPL) (together, "Columbia") announced today that the Federal Energy Regulatory Commission ("FERC") has issued a certificate authorizing Columbia Gas Transmission, LLC ("Columbia Gas") to construct and operate the Utica Access Project in West Virginia. "We are pleased that the FERC has approved our application to construct the Utica Access Project," said Columbia [Read more]

Baker Hughes Announces December 2015 Rig Counts

HOUSTON, Jan. 8, 2016 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for December 2015 was 1,095, down 14 from the 1,109 counted in November 2015, and down 218 from the 1,313 counted in December 2014. The international offshore rig count for December 2015 was 250, down 9 from the 259 counted in November 2015, and down 88 from the 338 counted in December 2014. The average U.S. rig count for December 2015 was 714, down 46 from the 760 [Read more]

GDF SUEZ Energy Resources to Acquire Guttman Energy Customer Portfolio

HOUSTON, Jan. 8, 2016 /PRNewswire/ -- GDF SUEZ Energy Resources NA, Inc. – the third-largest non-residential electricity provider in the U.S. – and Guttman Energy Inc. announced today that they have entered into an agreement under which GDF SUEZ Energy Resources will acquire Guttman Energy's power customers.  This move further reinforces GDF SUEZ Energy Resources' commitment to customers in Ohio and Pennsylvania and follows through on a strategic growth objective in those states. "GDF SUEZ [Read more]

ArcLight Capital Partners and Freepoint Commodities Close Acquisition of St. Croix Refinery Assets from HOVENSA

BOSTON, Jan. 7, 2016 /PRNewswire/ -- ArcLight Capital Partners, LLC ("ArcLight") and Freepoint Commodities LLC ("Freepoint") announced today that Limetree Bay Terminals, LLC ("LB Terminals") has completed the purchase from HOVENSA, L.L.C. ("HOVENSA") of the idled storage terminals, refining units, and marine infrastructure located at Limetree Bay, St. Croix, U.S. Virgin Islands (collectively, the "St. Croix Facility").  ArcLight, through an affiliate, manages and owns an 80% interest in LB [Read more]

NEB approves LNG Canada export licence

CALGARY, Jan. 7, 2016 /CNW/ - The National Energy Board (NEB) has approved the application of LNG Canada Development Inc. (LNG Canada) for a 40-year natural gas export licence with a maximum term quantity of 1494 billion cubic metres1. The issuance of this licence is subject to the approval of the Governor in Council. This is the first 40-year natural gas export licence approved by the NEB since the amendment to the National Energy Board Act in June 2015 as well as the corresponding [Read more]