BOE Report

Transformer Oil Market is Projected to Reach $3.4 Billion, Globally, By 2020

PORTLAND, Oregon, January 13, 2016 /PRNewswire/ -- A new report by Allied Market Research, titled, "World Transformer Oil Market - Opportunities and Forecasts, 2014-2020," projects the global transformer oil sales to reach $3.4 billion by 2020, with the mineral oil-based transformer oil segment to maintain its dominance until 2020.      (Logo: http://photos.prnewswire.com/prnh/20140911/647229) To know more about the report, visit the website at [Read more]

Global Ethylene & Polyethylene Infrastructure Market Forecast 2016-2026

LONDON, January 12, 2016 /PRNewswire/ -- Ethane Production, Ethylene Plant CAPEX & Capacity, and Polyethylene Plant CAPEX Visiongain forecasts that the Ethylene and Polyethylene market will see CAPEX of $18.22bn in 2016 on greenfield production plants. There are a number of exciting ethylene and polyethylene prospects around the world in 2016, both under construction and prospective. The question is how this extra capacity will affect the global market. Traditional importers such as China and [Read more]

Dominion Virginia Power Plans $9.5 Billion in Infrastructure and Upgrade Expenditures

RICHMOND, Va., Jan. 12, 2016 /PRNewswire/ -- Dominion Virginia Power plans to invest nearly $2 billion per year through 2020 to add new, clean generation, including solar energy, and to expand, secure and upgrade the electric grid in Virginia and northeastern North Carolina. The planned $9.5-billion spend builds on a substantial record of new capital investment by the company in recent years for new electric infrastructure designed to meet growth, enhance reliability and promote cleaner air and [Read more]

Synthetic Lubricants Market – Global Trends & Forecasts – Projected to be Worth $36.0 Billion by 2020

DUBLIN, January 12, 2016 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/fzpbmp/synthetic) has announced the addition of the "Synthetic Lubricants Market - Global Trends & Forecasts to 2020" report to their offering.       (Logo: http://photos.prnewswire.com/prnh/20130307/600769) The global synthetic lubricants market is projected to be worth $36.0 Billion by 2020, registering a CAGR of 2.5% between 2015 and 2020. This high growth is owed to consumer awareness [Read more]

Recon Technology, Ltd. Signs Agreement with PetroChina’s Qinghai Oilfield to Sell Chemicals Used for Wastewater Treatment

BEIJING, Jan. 12, 2016 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company"), a leading independent oilfield services provider operating primarily in China, announced today that Beijing BHD Petroleum Technology Co., Ltd. ("BHD"), a subsidiary of the Company, has executed an agreement (the "Agreement") with Qinghai Oilfield, a PetroChina Co., Ltd. ("PetroChina") subsidiary, to sell chemical agents (the "Chemicals") to Qinghai Oilfield. The Chemicals, including Ion [Read more]

Basic Energy Services Reports Selected Operating Data For December 2015

FORT WORTH, Texas, Jan. 12, 2016 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of December 2015.  Basic's well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 37,900 producing a rig utilization rate of 36%, compared to 39% and 60% in November 2015 and December 2014, respectively. During the month, Basic's fluid service truck count declined by 16 to 985. Fluid service truck hours [Read more]

Madalena Announces Grant of Options

CALGARY, January 12, 2016 /PRNewswire/ -- Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN and OTC: MDLNF) announces the grant of 8,650,000 options ("Options") to certain officers, employees and directors of the Company and its subsidiaries as part of its compensation procedures. Of the Options granted, a total of 8,175,000 Options were granted to directors and executive officers of the Company or its subsidiaries. Each Option has an exercise price of $0.27 per common share of the [Read more]

ONEOK Partners to Participate in UBS MLP One-on-One Conference

TULSA, Okla., Jan. 11, 2016 /PRNewswire/ -- ONEOK Partners, L.P. (NYSE: OKS) will participate in the UBS MLP One-on-One Conference Jan. 12-13, 2016, in Park City, Utah. Terry K. Spencer, ONEOK Partners president and chief executive officer; Walter S. Hulse III, ONEOK Partners executive vice president, strategic planning and corporate affairs; and Derek S. Reiners, ONEOK and ONEOK Partners senior vice president, chief financial officer and treasurer, will conduct a series of one-on-one meetings [Read more]

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]