PUNE, India, October 2, 2015 /PRNewswire/ -- ReportsnReports.com adds 2015 Global Oil Shale Market Research and Pipeline Transportation of Crude Oil World Reports to Energy and Power Section of its online business intelligence library. Complete report on the oil shale industry spread across 192 pages, profiling 12 companies and supported with 89 tables and figures is now available at http://www.reportsnreports.com/reports/415671-global-oil-shale-industry-2015-market-research-report.html. The [Read more]
WadeCo Specialties Inc. Acquires Escudero Chemicals LLC
MIDLAND, Texas, Oct. 2, 2015 /PRNewswire/ -- WadeCo Specialties Inc. ("WadeCo"), a specialty chemical provider focused on production chemicals and services for the oil and gas industry, is excited to announce the acquisition of Escudero Chemicals LLC ("Escudero"). WadeCo is a portfolio company of Hastings Equity Partners, a private equity firm focused on investing in lower, middle-market energy services and equipment businesses. Based in Midland, Texas, Escudero provides production chemicals [Read more]
Haynesville Shale Refracturing Exceeds Expectations
HOUSTON, Oct. 2, 2015 /PRNewswire-iReach/ -- E&Ps and oilfield service companies are proving horizontal well refracturing (refrac) technology is effective and economic. New research from Energent Group reveals that operators executing refrac well programs in the Haynesville Shale are demonstrating the financial returns required to take refracturing across the shale plays. Photo - http://photos.prnewswire.com/prnh/20151001/273164-INFO The oil & gas industry continues to react and adjust to the [Read more]
Russia’s Big Hitters Looking to Drive Gas Sales in Emerging South East Asian Markets
SINGAPORE, October 2, 2015 /PRNewswire/ -- Gazprom's Deputy Chairman, Alexander Medvedev, and Chief Executive of Gazprom Export, Elena Burmistrova, will seek to promote the competitive value of Russian gas to the key emerging energy markets of South East Asia, when they speak at the Gastech Conference in Singapore from 27 to 30 October 2015. The Russian state gas company heavyweights will be joined by other senior Russian executives (including Frédéric Barnaud, Gazprom's Executive Director for [Read more]
Evolution Petroleum Declares Cash Dividend on 8.5% Series A Preferred Stock; To Present at IPAA OGIS San Francisco Conference
HOUSTON, Oct. 1, 2015 /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 October 2015 and is payable on November 2, 2015 to holders of record at the close of business on October 15, 2015. 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]
Platts Report: China Oil Demand Grows 10% Year over Year in August
SINGAPORE, Oct. 1, 2015 /PRNewswire/ -- China's apparent oil demand* rose 10.2% in August from a year earlier to 11.19 million barrels per day (b/d), according to a just-released Platts analysis of Chinese government data. Barring gasoil and naphtha, China's apparent demand for all other key products—gasoline, liquefied petroleum gas (LPG), jet/kerosene, and fuel oil—saw double digit year-on-year growth in August. China's refinery throughput in August averaged 10.49 million b/d, up 6.5% from a [Read more]
Oil and Gas Investor Recognizes Rising Stars with 30 Under 40 Program
HOUSTON, Oct. 1, 2015 /PRNewswire/ -- The editors of Oil and Gas Investor are pleased to announce the honorees of its annual 30 Under 40 program. These rising stars excelled in the areas of entrepreneurial spirit, creative problem solving, leadership, and community involvement. Industry leaders come from the sectors of exploration and production, acquisitions and divestitures, oilfield services, midstream, and finance. Oil and Gas Investor's website includes video interviews and other special [Read more]
Pioneer Energy Services Announces Third Quarter 2015 Earnings Release and Conference Call Schedule
SAN ANTONIO, Oct. 1, 2015 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today announced that it will release its third quarter 2015 financial results before the market opens on Thursday, October 29. In conjunction with the release, Pioneer has scheduled a conference call that will be broadcast live over the Internet the same day starting at 11:00 a.m. Eastern Time (10:00 a.m. Central Time). Investors may participate in the call either by phone or audio webcast. By Phone: [Read more]
CIG Logistics Acquires Large-Scale Rail Facility from Flint Hills Resources
ODESSA, Texas, Oct. 1, 2015 /PRNewswire/ -- CIG Logistics, an industry-leading oil and gas logistics provider, has acquired a premier 330 acre rail facility in Odessa, Texas from Flint Hills Resources. The companies closed on the deal September 29 and the purchase price and terms of the acquisition were undisclosed. The Odessa facility is a critical logistics hub for the energy industry fulfilling a key role in the movement of crude oil and frac sand via rail and truck to and from the Permian [Read more]
Parallel Energy Trust Announces Further Update on Bank Facility
CALGARY, Oct. 1, 2015 /CNW/ - Parallel Energy Trust's ("Parallel" or the "Trust") US$165 million credit facility was not renewed on September 30, 2015 and Parallel is continuing to work with its lenders on alternative arrangements. There can be no assurances that alternative arrangements will be agreed to with Parallel's lenders. ABOUT PARALLEL ENERGY TRUST Parallel's assets and operations are located in the Mid-Continent Region of the United States and its portfolio consists of [Read more]
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