BOE Report

Eastern Local Distribution Companies and TransCanada PipeLines Resolve Energy East Natural Gas Supply Concerns

Agreement in principle would protect natural gas consumers' interests MONTRÉAL, TORONTO and CHATHAM, ON, Aug. 24, 2015 /CNW/ - Local distribution companies Gaz Métro, Union Gas and Enbridge Gas Distribution (Enbridge Gas) announced today that they have reached an Agreement in Principle with TransCanada PipeLines Limited (TransCanada) that would protect natural gas supply for Québec and Ontario natural gas customers.  TransCanada's Energy East oil pipeline project proposes the [Read more]

Cheniere Reaches Agreement with Carl Icahn: Announces Appointment of New Board Members

HOUSTON, Aug. 24, 2015 /PRNewswire/ -- Cheniere Energy, Inc. ("Cheniere") (NYSE MKT: LNG) announced today the appointment of Jonathan Christodoro and Samuel Merksamer to the Board of Directors, effective immediately. With these additions, the Cheniere Board now comprises eleven directors. Mr. Christodoro and Mr. Merksamer are Managing Directors of Icahn Capital LP, a subsidiary of Icahn Enterprises L.P. (NASDAQ: IEP). "We look forward to working with our new board members and will continue [Read more]

TETRA Technologies, Inc. Announces Appointment Of Joseph C. Winkler III As A Director

THE WOODLANDS, Texas, Aug. 24, 2015 /PRNewswire/ -- TETRA Technologies, Inc. (TETRA or the Company) (NYSE:TTI) today announced that, effective August 19, 2015, its board of directors has appointed Joseph C. Winkler III as a member of the board of directors to fill the vacancy existing on its board of directors. Mr. Winkler will serve as an independent director. Stuart M. Brightman, TETRA's President and Chief Executive Officer, stated, "I am pleased to welcome Joe to our board. He brings a [Read more]

Shell Eco-marathon Americas Celebrates Tenth Edition Of Ultimate Energy Efficiency Challenge

STUDENT TEAM REGISTRATION OPEN FOR SHELL ECO-MARATHON AMERICAS 2016 HOUSTON, Aug. 24, 2015 /PRNewswire/ -- Shell Eco-marathon Americas will return to the Motor City for its tenth edition April 22-24, 2016. Registration is now open for high school and university students from across the Americas to showcase their passion for technological innovation and energy efficiency on the streets of downtown Detroit. The challenge: design and build a vehicle that goes the farthest on the least amount of [Read more]

Hugoton Royalty Trust Declares August Cash Distribution

DALLAS, Aug. 21, 2015 /PRNewswire/ -- Southwest Bank, as Trustee of the Hugoton Royalty Trust (NYSE – HGT) (the "Trust"), today declared a cash distribution to the holders of its units of beneficial interest of $0.018621 per unit, payable on September 15, 2015, to unitholders of record on August 31, 2015. The following table shows underlying gas sales and average prices attributable to the net overriding royalty payments made by XTO Energy Inc. (XTO Energy) to the Trust for both the current [Read more]

Cross Timbers Royalty Trust Declares August Cash Distribution

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]