DALLAS, Aug. 21, 2015 /PRNewswire/ -- Southwest Bank, as Trustee of the Cross Timbers Royalty Trust (NYSE: CRT), today declared a cash distribution to the holders of its units of beneficial interest of $0.099341 per unit, payable on September 15, 2015, to unitholders of record on August 31, 2015. The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions. Underlying Sales Volumes Average Price [Read more]
Permian Basin Royalty Trust Announces August Cash Distribution
DALLAS, Aug. 21, 2015 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.035737 per unit, payable on September 15, 2015, to unit holders of record on August 31, 2015. This month's distribution increased from the previous month due to increased production and pricing for both oil and gas on the Waddell Ranch properties but offset by a slight decline in production of both oil and gas for [Read more]
“LNG Exports: Oasis or Mirage?” Analysis Report from Platts’ Bentek Energy
DENVER, Aug. 21, 2015 /PRNewswire/ -- All is not as it would seem in terms of liquefied natural gas (LNG) and its touted role of metaphoric savior of the U.S. gas markets, according to the latest analysis just published by Bentek Energy, an analytics and forecasting unit of Platts. Platts is a leading global provider of energy and commodities information. Global gas demand growth has flagged over the last year, rising by no more than 0.7 billion cubic feet per day (Bcf/d), the analysis "LNG [Read more]
FTS International Provides Well Stimulation for EQT’s Record-Setting Utica Well
GREENE COUNTY, Pa., Aug. 21, 2015 /PRNewswire-iReach/ -- FTS International (FTSI) is proud to be the stimulation provider for EQT Corporation's record-setting Utica well in southwestern Pennsylvania. Photo - http://photos.prnewswire.com/prnh/20150820/260010LOGO EQT announced that its first deep Utica well, for which FTSI provided hydraulic fracturing and wireline services, achieved an average 24-hour test rate of 72.9 MMcf per day into sales during the initial 24-hour flow back test. This [Read more]
Vitol Investment Partnership to Acquire MISC’s Shareholding in VTTI BV
LONDON, August 21, 2015 /PRNewswire/ -- VTTI Energy Partners LP (NYSE: VTTI) has been informed by VTTI BV that Vitol Investment Partnership, an investment vehicle sponsored and managed by Vitol, has agreed to acquire MISC Berhad's ("MISC") 50% shareholding in VTTI BV, which owns the general partner of VTTI Energy Partners, for cash consideration of $830 million, subject to certain conditions precedent[1]. Vitol already owns 50% of VTTI BV. VTTI BV will continue to be run as an independent, [Read more]
CLT Joules Selects Additional Startups for 2015 Energy Accelerator
CHARLOTTE, N.C., Aug. 20, 2015 /PRNewswire/ -- Energy startup accelerator CLT Joules has selected four new companies to participate in its 2015 program to fast-track the growth of promising energy ventures. CLT Joules, which has served eleven companies since 2014, is now expanding to include: Atom Power, LLC founded in 2014, is focused on bringing intelligence and solid-state technology into electrical power distribution with the desire to make power safe, controllable, visible, and simple. [Read more]
Irving Oil Announces $200-Million Refinery Project
Investment in 'Operation Falcon' Will Bring Almost 3,000 Additional Workers Onsite SAINT JOHN, NB, Aug. 20, 2015 /CNW/ - This fall, Irving Oil will invest $200 million in a turnaround project at its Saint John refinery. The project, called Operation Falcon, will be the largest turnaround in the company's history, with a focus on improving safety, reliability and long-term competitiveness. This will also be one of largest private sector investments to take place in Atlantic Canada [Read more]
Enerplus Announces Cash Dividend for September 2015
CALGARY, Aug. 20, 2015 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) announces that a cash dividend in the amount of CDN$0.05 per share will be payable on September 15, 2015 to all shareholders of record at the close of business on August 31, 2015. The ex-dividend date for this payment is August 27, 2015. The CDN$0.05 per share dividend is equivalent to approximately US$0.04 per share if converted using the current Canadian/US dollar exchange rate of 0.7596. The U.S. dollar [Read more]
Royal Dutch Shell Plc Second Quarter 2015 Scrip Dividend Programme Reference Share Price
THE HAGUE, August 20, 2015 /PRNewswire/ -- The Board of Royal Dutch Shell plc ("RDS") (NYSE: RDS.A) (NYSE: RDS.B) today announced the Reference Share Price in respect of the second quarter interim dividend of 2015, which was announced on July 30, 2015 at $0.47 per A ordinary share ("A Share") and B ordinary share ("B Share") and $0.94 per American Depository Share ("ADS"). Reference Share Price The Reference Share price is used for calculating a Participating Shareholder's entitlement under [Read more]
Air Products Holds Grand Opening at Its Doe Canyon Helium Plant
LEHIGH VALLEY, Pa., Aug. 19, 2015 /PRNewswire/ -- Air Products (NYSE: APD), a global leader in helium production, today held a grand opening at its new Doe Canyon helium production facility in Colorado. The Doe Canyon helium plant is the only one in the world extracting helium from a gas stream composed primarily of carbon dioxide (CO2). The helium from this new facility further diversifies Air Products' supply chain to ensure a reliable and stable supply of product for its customers. "Today [Read more]
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