BOE Report

New Gulf Resources Files Plan of Reorganization to Implement Financial Restructuring

TULSA, Okla., Dec. 17, 2015 /PRNewswire/ -- New Gulf Resources and certain subsidiaries ("NGR" or the "Company") today announced that they have filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware, to facilitate a pre-arranged restructuring of their balance sheet through a collaborative reorganization plan.  The company has entered into a Restructuring Support Agreement ("RSA") with an ad hoc [Read more]

Fracking Scorecard: Despite Progress, 70 Percent of Oil & Gas Companies Still Fail to Adequately Disclose Risks to Investors

BOSTON, Dec. 17, 2015 /PRNewswire-USNewswire/ -- The 2015 edition of an annual investor scorecard ranking the 30 largest oil and gas companies engaged in hydraulic fracturing, or "fracking," finds improved risk disclosure by a few companies, even as 70 percent of the energy companies continue to get failing marks.    Available online at www.disclosingthefacts.org, the third annual Disclosing the Facts report from As You Sow, Boston Common Asset Management, and the Investor Environmental Health [Read more]

Madalena Comments on Relaxation of Currency Controls in Argentina

CALGARY, Alberta, Dec. 17, 2015 /PRNewswire/ -- Madalena Energy Inc. (TSX-V: MVN and OTCQX: MDLNF) (the "Company" or "Madalena") does not anticipate the Argentina government's recently announced relaxation of currency controls and a move to only one exchange rate to have a negative impact on Madalena's operations and overall business plan in Argentina. On November 23, 2015, the Argentine Republic elected a new center-right government. Based on the campaign platform it was largely expected that [Read more]

Madalena Comments on Relaxation of Currency Controls in Argentina

CALGARY, Dec. 17, 2015 /PRNewswire/ - Madalena Energy Inc. (TSX-V: MVN and OTCQX: MDLNF) (the "Company" or "Madalena") does not anticipate the Argentina government's recently announced relaxation of currency controls and a move to only one exchange rate to have a negative impact on Madalena's operations and overall business plan in Argentina. On November 23, 2015, the Argentine Republic elected a new center-right government. Based on the campaign platform it was largely expected that [Read more]

Vepica and BASIC Equipment Selected by Meridian Energy to Study North Dakota Refinery

HOUSTON, Dec. 17, 2015 /PRNewswire/ -- Vepica, a multinational engineering firm specializing in the energy industry, and Houston-based BASIC Equipment today announced that they have been selected by Irvine, California's Meridian Energy Group (Meridian) to perform a series of engineering studies to define the design basis, costs and schedule for the Davis Refinery, a high-conversion crude oil refinery to be constructed in Southwestern North Dakota, that will serve Bakken crude oil producers and [Read more]

BridgeTex Pipeline Launches Open Season for New Eaglebine Origin

TULSA, Okla. and HOUSTON, Dec. 17, 2015 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) ("Magellan") and Plains All American Pipeline, L.P. (NYSE: PAA) ("Plains") announced today that BridgeTex Pipeline Company, LLC ("BridgeTex"), owned 50/50 by Magellan and Plains, has launched an open season to assess customer interest in a new origin in Grimes County, Texas for the BridgeTex pipeline to accept Eaglebine crude oil and condensate shipments. The proposed new origin, to be located [Read more]

Industrial and Commercial Applications Fuel US Combined Heat and Power

MOUNTAIN VIEW, Calif., Dec. 17, 2015 /PRNewswire/ -- Combined heat and power (CHP) accounts for 8 percent of The United States' (US) electricity generation capacity, but 12 percent of its annual power generation. This reflects the longer operating hours of CHP plants compared to plants involved in conventional forms of power generation. In addition, as an efficient and clean method of generating electric power and thermal energy from a single fuel source, CHP is used in a broad range of sectors. [Read more]

Apache Declares Cash Dividend On Common Shares; Sets Date For 2016 Annual Meeting

HOUSTON, Dec. 17, 2015 /PRNewswire/ -- The board of directors of Apache Corporation (NYSE, Nasdaq: APA) has declared the regular cash dividend on the company's common shares. The dividend on common shares is payable Feb. 22, 2016, to stockholders of record on Jan. 22, 2016, at a rate of 25 cents per share. Apache's annual meeting will be held at 10 a.m. Central time Thursday, May 12, 2016, at the Hilton Houston Post Oak Hotel, 2001 Post Oak Blvd., Houston, Texas. Shareholders of record at [Read more]

Global Compressor Oil Market Report 2015 – Forecasts to 2019

DUBLIN, Dec. 17, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/p8t6cd/global_compressor) has announced the addition of the "Global Compressor Oil Market 2015-2019" report to their offering. The global compressor oil market to grow at a CAGR of 5.32%, in terms of revenue, over the period 2014-2019.Global Compressor Oil Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a [Read more]

Canadian startups receive unexpected financial boost to help make sustainable New Year's resolutions

Seven Canadian climate entrepreneurs will be going into 2016 with a significant financial lift from a new grant program being offered by Shell Canada in collaboration with Canadian Geographic. CALGARY, Dec. 17, 2015 /CNW/ - The Quest Climate Grant awarded seven young entrepreneurs leading six initiatives with $50,000 per project to recognize their efforts to lead climate change-oriented businesses. The recipients, ages 18-35, were identified based on their unique business and/or product [Read more]