BOE Report

Innovation and Consolidation for North American Frac Sands as Low Oil Price Bites

LONDON, September 10, 2015 /PRNewswire/ -- Taking stock of the hectic hydrocarbon industry from a supplier's point of view is always a complex task. Over the last year North American proppant and frac sands producers have faced a whole new paradigm with lower oil prices. The North American petroleum industry and its suppliers were taken by surprise by a drop in oil prices from $105/bbl in June 2014 to below $45/bbl by the end of January 2015 (along with a quantum drop in natural gas prices).   [Read more]

Frost & Sullivan Honours Shell Lubricants’ Innovation in Deriving Base Oils from Natural Gas Using its Proprietary Shell PurePlus Technology

CAPE TOWN, South Africa, Sept. 10, 2015 /PRNewswire/ -- Based on its recent analysis of the lubricants industry, Frost & Sullivan recognises Shell Lubricants with the 2014 sub-Saharan Africa Frost & Sullivan Award for Product Leadership. This groundbreaking Shell PurePlus Technology is a game changer in the lubricants industry. Unlike most lubricant producers that derive their base oil from crude oil, Shell has been using its proprietary patented technology to produce base oil from natural gas [Read more]

CARBO Announces Idling Of Proppant Facility In Millen, Georgia

HOUSTON, Sept. 9, 2015 /PRNewswire/ -- CARBO Ceramics Inc. (NYSE: CRR) today announced that it will idle its proppant manufacturing facility in Millen, Georgia due to reduced industry activity levels.  Logo - http://photos.prnewswire.com/prnh/20120503/MM00528LOGO CEO Gary Kolstad commented, "As mentioned previously, the continued downward pressure on the commodity price for oil negatively impacts industry activity levels and the resulting demand for ceramic proppant.  Similar to actions [Read more]

New Source Energy Partners Announces Receipt Of Notice From NYSE Regarding Continued Listing Standards

OKLAHOMA CITY, Sept. 9, 2015 /PRNewswire/ -- New Source Energy Partners L.P. (the "Partnership" or "New Source") announced today that, on September 9, 2015, the New York Stock Exchange ("NYSE") notified the Partnership that the NYSE has determined to commence proceedings to delist the Partnership's common units from the NYSE due to failure to maintain an average global market capitalization over a consecutive 30 trading-day period of at least $15 million.  The Partnership has the right to an [Read more]

Basic Energy Services Reports Selected Operating Data For August 2015

FORT WORTH, Texas, Sept. 9, 2015 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of August 2015.  Basic's well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 51,900 producing a rig utilization rate of 53%, compared to 52% and 74% in July 2015 and August 2014, respectively. During the month, Basic's fluid service truck count increased by eight to 1,015. Fluid service truck hours [Read more]

Energy Outreach, Anadarko Launch Ft. Lupton Energy Program

DENVER, Sept. 9, 2015 /PRNewswire-USNewswire/ -- Energy Outreach Colorado (EOC) today announced a partnership with Anadarko Petroleum Corporation (Anadarko) on a unique home energy program benefiting limited-income families and seniors in Weld County. As part of the partnership, Anadarko will provide support for approximately 25 Fort Lupton households through energy bill payment assistance, as well as a free home energy efficiency kit and energy-efficiency education. Fort Lupton is located [Read more]

Platts: Continental Power Retreats from July’s Heatwave Highs

LONDON, Sept. 9, 2015 /PRNewswire/ -- Continental European power prices eased in August on cooler temperatures and reduced industrial demand following July's heatwave, according to data released by Platts, a leading global provider of energy, petrochemicals, metals and agriculture information. European power prices, according to the Platts Continental Power Index (CONTI)*, fell 11.5% to €33.06 per megawatt hour (MWh) compared to the July level of €37.35/MWh – but remained well above year-lows [Read more]

Goodrich Petroleum To Present At Upcoming Conferences

HOUSTON, Sept. 9, 2015 /PRNewswire/ -- Goodrich Petroleum Corporation (NYSE: GDP) today announced the Company's management team will present at the following conferences in September of 2015: Imperial Capital's 9th Annual Global Opportunities Conference at The Waldorf Astoria hotel located at 301 Park Avenue in New York, New York on Thursday, September 17, 2014 at 10:00 AM ET. 2015 Johnson Rice Energy Conference at The Hotel Monteleone located at 214 Royal Street in New Orleans, Louisiana on [Read more]

CNG and LPG Vehicle Market Worth 3,576.3 Million USD by 2020

PUNE, India, September 9, 2015 /PRNewswire/ -- The report "CNG & LPG Vehicle Market by Vehicle Type (Passenger Cars & Light Commercial Vehicles), Fuel Type (CNG & LPG), and by Geography (Asia-Pacific, Europe, Americas & ROW) - Industry Trends & Forecasts to 2020" published by MarketsandMarkets, The global CNG and LPG Vehicle Market is projected to grow at a CAGR of 10.55% from 2015 to 2020 to reach USD 3,576.3 Million by 2020. Browse 93 Tables and 87 Figures spread through 191 Pages and [Read more]

Bellatrix to present at the upcoming Peters & Co. Limited Energy Conference

TSX, NYSE: BXE CALGARY, Sept. 9, 2015 /PRNewswire/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) is pleased to announce it will be presenting at the Peters & Co. Limited Energy Conference in Toronto, Ontario on Wednesday, September 16, 2015. A copy of Bellatrix's updated corporate presentation is available on our website at http://www.bellatrixexploration.com. Bellatrix Exploration Ltd. is a Western Canadian based growth oriented oil and gas company [Read more]