ALBANY, New York, July 7, 2015 /PRNewswire/ -- Transparency Market Research has released a new market report titled "Petrochemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020." According to the report, the global petrochemicals market was valued at US$ 558.61 Bn in 2013 and is anticipated to reach US$ 885.07 Bn by 2020, expanding at a CAGR of 6.8% from 2014 to 2020. Petrochemicals are widely used in various end-use industries such as construction, [Read more]
Spectra Energy Corp Announces Quarterly Dividend of $0.37 per Share
HOUSTON, July 7, 2015 /PRNewswire/ -- Spectra Energy Corp (NYSE: SE) has declared a quarterly cash dividend on its common stock of $0.37 per share, or $1.48 per share on an annualized basis. The dividend is payable on September 9, 2015, to shareholders of record at the close of business on August 12, 2015. Spectra Energy Corp (NYSE: SE), a FORTUNE 500 company, is one of North America's leading pipeline and midstream companies. Based in Houston, Texas, the company's operations in the United [Read more]
Direct Energy Business and Xpress Natural Gas Unveil Innovative Compressed Natural Gas Station
LITTLE FALLS, N.Y., July 7, 2015 /PRNewswire/ -- Seven months after commencing construction, Direct Energy Business and Xpress Natural Gas (XNG) announced that the compressed natural gas (CNG) production facility and distribution terminal in Manheim, New York is now fully operational. It is the only such facility in the state, and is able to serve business and municipal customers hundreds of miles away. The state-of-the-art Manheim CNG Center can deliver up to 45 trucks per day of natural [Read more]
SandRidge Energy, Inc. Declares Semi-Annual Preferred Stock Dividend
OKLAHOMA CITY, July 6, 2015 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) today announced that its Board of Directors has declared a $4.25 per share semi-annual dividend on its shares of 8.5% Convertible Perpetual Preferred Stock that will be paid in shares of Company Common Stock on August 15, 2015 to holders of record on August 1, 2015. Pursuant to Section 3A of the Certificate of Designation governing the terms of the Preferred Stock, for the purpose of the dividend payment, one share of [Read more]
Live Nation And Shell Announce Integrated Music Sponsorship
LOS ANGELES, July 6, 2015 /PRNewswire/ -- Live Nation Entertainment and Shell Oil Products US today announce a marketing alliance for Shell to become the official fuel sponsor and Pennzoil to become the official lubricants sponsor at eight of Live Nation's amphitheaters across North America. As part of this relationship, the Pennzoil brand is extending its collaboration with Live Nation, which began in October 2014 with Backseat Pass, a video series on a custom-designed site with musical artists [Read more]
Platts’ Eclipse Energy Issues 2016 — 2030 U.K., Northwest Europe Natural Gas Forecasts
LONDON, July 6, 2015 /PRNewswire/ -- European gas prices are forecast to fall in the period 2016 to 2020 to a level below that at which U.S. liquefied natural gas (LNG) exporters can make a profit, according to the latest analysis by Eclipse Energy, an analytics and forecasting unit of Platts. In its latest U.K. and North West Europe Long Term PricePilot, Eclipse warns that, while the U.S. will be able to export close to 100 billion cubic meters per annum (bcm/a) of LNG by the end of the [Read more]