"Acting together now means we can remain independent in the long term. The principles that guided shareholders' investments in Canadian Oil Sands remain sound." -- Ryan Kubik, President and CEO CALGARY, Jan. 6, 2016 /CNW/ - Today Canadian Oil Sands Limited ("Canadian Oil Sands") released a new corporate trailer: "Valuable. For the Long Term." The video showcases the numerous initiatives underway to maximize long-term shareholder value at a strong, independent Canadian Oil Sands and [Read more]
Linde Engineering Companies In North America To Reorganize Into Single Organization
TULSA, Okla., Jan. 6, 2016 /PRNewswire/ --The family of Linde Engineering companies in North America is reorganizing into a single, unified organization called Linde Engineering North America Inc. (LENA). Prior to the restructure, two companies existed, including Linde Process Plants and Linde Engineering North America along with its Hydro-Chem division. Under the new structure, the staff, products and services associated with each entity will combine to create a new and singular Linde [Read more]
Synthetic Lubricants Market Worth 36.0 Billion USD by 2020
PUNE, India, January 6, 2016 /PRNewswire/ -- The report "Synthetic Lubricants Market - by Type (PAO, Esters, Group III, PAG), by Application (Engine Oil, Metalworking Fluids, and Industrial) and by Regions (Europe, North America, Asia-Pacific and Rest of the World) - Global Trends & Forecasts to 2020", published by MarketsandMarkets, The Synthetic Lubricants Market is projected to reach USD 36.0 Billion by 2020, at a CAGR of 2.5% between 2015 and 2020. The market is driven by the growing [Read more]
InterOil “LNG from PNG” Presentation
SINGAPORE and PORT MORESBY, Papua New Guinea, Jan. 6, 2016 /PRNewswire/ -- InterOil Corporation's (NYSE: IOC; POMSoX: IOC) Executive Vice President of Papua New Guinea Operations, Thomas Nador, is presenting in investor meetings at the Goldman Sachs Global Energy Conference in Miami on January 6 and 7, and at a Goldman Sachs LNG roadshow in Houston on January 8, 2016. A copy of the presentation is available on the company website at www.interoil.com. About InterOil InterOil Corporation is [Read more]
Cabot Oil & Gas Corporation Declares Dividend
HOUSTON, Jan. 5, 2016 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG) today announced that its Board of Directors declared a regular dividend of two cents ($0.02) per share on the Company's common stock. The dividend will be paid February 12, 2016 to all shareholders of record as of the close of business January 29, 2016. Cabot Oil & Gas Corporation, headquartered in Houston, Texas, is a leading independent natural gas producer with its entire resource base located in the continental [Read more]
Evolution Petroleum Declares Cash Dividend on 8.5% Series A Preferred Stock
HOUSTON, Jan. 5, 2016 /PRNewswire/ -- Evolution Petroleum Corporation (NYSE MKT: EPM) today declared a monthly cash dividend on its perpetual non-convertible 8.5% Series A Cumulative Preferred Stock. The dividend is for the month of January 2016 and is payable on February 1, 2016 to holders of record at the close of business on January 15, 2016. The payment will be 1/12th of the 8.5% annualized amount, or approximately $0.177083 per share, based on the $25.00 per share liquidation preference. [Read more]
Vermilion Energy Inc. Announces 2016 Budget
CALGARY, Jan. 5, 2016 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Us", or "Our") (TSX, NYSE: VET) is pleased to announce that our Board of Directors has approved an exploration and development ("E&D") capital budget for 2016 of $285 million. Highlights Budgeted E&D investment of $285 million for 2016 represents a 41% decrease from 2015 forecasted E&D investment of $485 million, and a 59% decrease from 2014 investment of $688 million. Production guidance for 2016 is 62,500 to [Read more]
Spectra Energy Announces New Quarterly Dividend of $0.405 per Share
HOUSTON, Jan. 5, 2016 /PRNewswire/ -- Spectra Energy Corp (NYSE: SE) has announced a 14-cent increase in its annual dividend to $1.62 per share, or $0.405 on a quarterly basis. The dividend is payable on March 8, 2016, to shareholders of record at the close of business on February 12, 2016. "Consistent with our financial plans and our commitment to investors, we are increasing our annual dividend by 14 cents to $1.62 per share. This increase reflects our continued ability to deliver strong and [Read more]
Bellatrix to Present at the TD Securities London Energy Conference and Announces Updated Commodity Risk Management Contracts
TSX, NYSE: BXE CALGARY, Jan. 5, 2016 /PRNewswire/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) is pleased to announce it will be presenting at the TD Securities London Energy Conference in London, England on Tuesday, January 12, 2016. Bellatrix maintains an active risk management program, and over the past several months has added several natural gas fixed price swap contracts through the summer season (April to October 2016) to further enhance [Read more]
Penn West Receives Continued Listing Standard Notification From The New York Stock Exchange Regarding The Price Of Its Common Stock
CALGARY, Jan. 5, 2016 /PRNewswire/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("Penn West", "we", "us" or "our") announces that it received notification on January 4, 2016 from the New York Stock Exchange (the "NYSE") that Penn West is no longer in compliance with one of the NYSE's continued listing standards applicable to Penn West because the average closing price of Penn West's common stock was less than US$1.00 per share over a consecutive 30 trading day period. As of December 30, [Read more]
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