CALGARY, Aug. 27, 2015 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it has issued notices of redemption to holders of its Series C 5.75% convertible unsecured subordinated debentures (the "Series C Debentures") and its Series E 5.75% convertible unsecured subordinated debentures (the "Series E Debentures" and together with the Series C Debentures, the "Debentures") pursuant to which Pembina will redeem the entire outstanding [Read more]
Breitling Energy CEO Addressing Platts Oil and Gas Conference in NYC
DALLAS, Aug. 26, 2015 /PRNewswire/ -- Breitling Energy Corporation (OTCBB:BECC) Chairman and CEO, Chris Faulkner, will address the Platts/Bentek Benposium East 2015 conference at the Conrad New York in a panel discussion tomorrow at 9:30 a.m. EDT. Bentek Energy, a unit of Platts, provides data-driven market analytics to the oil, natural gas and NGL markets. Faulkner's panel follows the keynote by Ed Morse, Head of Global Commodity Research for Citigroup. Discussion topics range from [Read more]
Sinopec Achieves Stable Operation in 1H2015 Dividend Payout RMB10.9 Billion
BEIJING, Aug. 26, 2015 /PRNewswire/ -- China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company")(HKEX: 386) (SSE: 600028) (NYSE: SNP) today announced its interim results for the six months ended 30 June 2015. Financial Highlights: In accordance with China Accounting Standards for Business Enterprises ("ASBE"), the Company's operating profit of the Company was RMB 39.3 billion, representing a decrease of 12.4% over the same period of 2014. Net profit attributable to the equity [Read more]
Madalena Announces Q2 – 2015 Financial and Operational Results, Enhanced Financial Flexibility with Argentina Oil Incentives, Concession Renewal at Puesto Morales and Drilling Update
CALGARY, Alberta, Aug. 26, 2015 /PRNewswire/ -- Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN and OTC: MDLNF) is pleased to announce its financial and operating results for the three and six months ended June 30, 2015. Selected financial and operational information is outlined below and should be read in conjunction with Madalena's unaudited interim financial statements as at and for the three months ended June 30, 2015 and the related management's discussion and analysis, which [Read more]
Pacific Exploration & Production announces the Retirement of José Francisco Arata and Appointment of Mónica de Greiff to the Board of Directors
TORONTO, Aug. 26, 2015 /PRNewswire/ - Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC) announced today the retirement of Mr. José Francisco Arata as President and director of the Company effective immediately. Ronald Pantin, Chief Executive Officer of the Company, commented: "On behalf of the Company and the Board of Directors, I would like to extend our heartfelt thanks to José Francisco, who throughout the history of the Company has been a key member of management and one of its [Read more]
Lowering Costs and Enhancing Efficiency Program Achieved Remarkable Results
Steady Development with Solid Performance in 1H 2015 HONG KONG, Aug. 26, 2015 /PRNewswire/ -- CNOOC Limited (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) today announced its interim results for the six months ended June 30, 2015. In the first half of the year, the Company ensured spending in exploration in its core area offshore China, and prioritized mature areas and rolling areas to improve utilization of exploration resources. The Company made six new discoveries and drilled 21 [Read more]
Summit Midstream Announces Departure of Chief Operating Officer
THE WOODLANDS, Texas, Aug. 25, 2015 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that its Chief Operating Officer, Rene Casadaban, will be leaving the company to pursue other interests. Casadaban will continue his employment with the company until September 30, 2015 to help transition his duties. Steve Newby, President and Chief Executive Officer commented, "Since joining Summit in 2010, Rene has been an important contributor to the company's success. I would [Read more]
Panhandle Oil and Gas Inc. to Present at the Sidoti & Company Emerging Growth Conference September 2 in New York
OKLAHOMA CITY, Aug. 25, 2015 /PRNewswire/ -- PANHANDLE OIL AND GAS INC. (NYSE: PHX) today announced that Michael Coffman, President and Chief Executive Officer, and Paul Blanchard, Sr. Vice President and Chief Operating Officer, will present at the Sidoti & Company LLC Emerging Growth Conference on Wednesday, Sept. 2, 2015, at the Marriott Marquis in New York. Panhandle's presentation is scheduled to begin at 1:30 p.m. EDT. The presentation will be webcast live and may be accessed at the [Read more]
2015 Offshore Executive Conference Showcases the Most Active Gulf of Mexico Producers
HOUSTON, Aug. 25, 2015 /PRNewswire/ -- Oil prices are expected to have minimal direct impact on the Gulf of Mexico's crude oil production through next year. The U. S. Energy Information Administration forecasts 17 percent of total U.S. crude oil production in 2016 to come from the Gulf. Hart Energy's Offshore Executive Conference: Gulf of Mexico takes an in-depth look at how current and forecasted oil prices weigh into decision making for long-range projects, helping companies position [Read more]
Mexico Oil Reform to Take Center Stage at Deep Offshore Technology International
WOODLANDS, Texas, Aug. 25, 2015 /PRNewswire/ -- The bids for oil blocks in Mexico are ongoing and the need to advance new developments in the Gulf of Mexico has become the focus for this year's Deep Offshore Technology International Conference and Exhibition (DOT). Taking place from October 13 to 15 in the Woodlands, the exhibition will feature sessions crafted to address the current industry challenges. "PennWell is thrilled to bring together the leading experts to talk about the latest [Read more]
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