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]
Global Demand for Base Oil Market to Reach 39,614 Kilo Tons by 2020 Fueled by Rapid Growth of Automotive Industry: Transparency Market Research
ALBANY, New York, August 25, 2015 /PRNewswire/ -- While the global demand for base oils is anticipated to rise by 2020, the value of the base oil market is likely to witness a slump, according to Transparency Market Research. In a report titled "Base Oil Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2020", Transparency Market Research states that the demand for base oil was pegged at 36,614.3 kilo tons in 2014 and is anticipated to rise to 39,614.7 kilo tons [Read more]
CUI Global, Inc. Announces Experienced Oil & Gas Executive, Joseph A. Mills, to Join Board of Directors
TUALATIN, Ore., Aug. 25, 2015 /PRNewswire/ -- CUI Global, Inc. (NASDAQ: CUI), today announced the appointment of Joseph A. Mills as an independent director of the company, effective immediately. Mr. Mills' appointment expands the Board to 7 directors, 5 of whom are independent directors. "Joe's 30+ years of broad experience across the energy value chain, from the Upstream, Midstream and mineral industries will add a valuable perspective to our Board of Directors," said William Clough, CUI [Read more]
Couche-Tard will release its 2016 first quarter results on September 1st
LAVAL, QC, Aug. 24, 2015 /PRNewswire/ - Alimentation Couche-Tard Inc. (TSX: ATD.A ATD.B), will be issuing on September 1st, 2015 the financial results for its first quarter of 2016. Therefore, Couche-Tard invites analysts known to the Corporation to send their two questions to its management before 11:00 AM (EDT) on September 1st, 2015. Financial analysts and investors who wish to listen to the webcast on Couche-Tard's results which will take place online on September 1st, 2015 at 2:30 P.M. [Read more]
Quebec government approves the Stolt LNGaz natural gas liquefaction plant development in Bécancour
MONTREAL, Aug. 24, 2015 /PRNewswire/ - The Stolt LNGaz project aims to produce 500,000 tons of liquefied natural gas (LNG) at its future Bécancour plant and to distribute the LNG, primarily via LNG tankers, to Quebec businesses not connected to the existing natural gas distribution network. "With the Bécancour project, Quebec will become the global model for the production and distribution of LNG on a regional scale," affirmed Mr Rodney Semotiuk, Chief Executive Officer of Stolt LNGaz. Mr. [Read more]
Newfield Exploration to Present at Upcoming Events
THE WOODLANDS, Texas, Aug. 24, 2015 /PRNewswire/ -- Newfield Exploration Company (NYSE: NFX) is scheduled to present at the following events: Barclays Capital CEO Energy-Power Conference *8:25 a.m. (Eastern), September 10, 2015 UBS Houston Energy Bus-less Tour *11:15 a.m. (Central), September 17, 2015 *A live webcast of the presentation will be made available through Newfield's website at http://www.newfield.com. Newfield Exploration Company is an independent energy company engaged in the [Read more]
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