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Couche-Tard Sells its Lubricants Business in Europe

August 1, 20154:00 AM PR Newswire

LAVAL, QC, Aug. 1st, 2015 /PRNewswire/ - Alimentation Couche-Tard Inc. (TSX: ATD.A ATD.B) announces today that it has signed, through its wholly-owned indirect subsidiary Couche-Tard Luxembourg S.A.R.L., an agreement to sell its lubricants business to FUCHS PETROLUB SE ("FUCHS"). The sale is through a share purchase agreement, pursuant to which FUCHS would acquire 100% of all issued and outstanding shares in Statoil Fuel & Retail Lubricants AB ("SFR Lubricants"). The deal, which is subject to [Read more]

Equinor

Sunoco LP Completes Acquisition of Susser Holdings Corporation

July 31, 201512:05 PM PR Newswire

HOUSTON, July 31, 2015 /PRNewswire/ -- Sunoco LP (NYSE: SUN) announced today that it has completed the acquisition of Susser Holdings Corporation (SHC) from ETP Holdco Corporation and Heritage Holdings, Inc., wholly owned subsidiaries of Energy Transfer Partners, L.P. (NYSE: ETP). The transaction is valued at approximately $1.93 billion. SUN paid $966.9 million in cash and issued ETP's subsidiaries approximately 21.98 million SUN units, valued at approximately $966.9 million.  In addition, there [Read more]

Total Assumes Operatorship of PRL 15

July 31, 20152:32 AM PR Newswire

SINGAPORE and PORT MORESBY, Papua New Guinea, July 31, 2015 /PRNewswire/ -- InterOil Corporation (NYSE: IOC) (POMSoX: IOC) and Total E&P PNG Limited have agreed that Total will become operator of Petroleum Retention License 15 in the Gulf Province of Papua New Guinea from August 1, 2015. On February 27, 2015 InterOil announced that the PRL 15 Joint Venture, which is developing the Elk-Antelope gas discovery as the Papua LNG Project, had unanimously appointed Total as the operator, subject to an [Read more]

LNG

ZCL Composites Reports Second Quarter 2015 Financial Results

July 30, 20154:06 PM PR Newswire

EDMONTON, July 30, 2015 /CNW/ - ZCL Composites Inc. (TSX: ZCL) today announced financial results for the second quarter and six months ended June 30, 2015. Q2 2015 compared with Q2 2014 Revenue of $46.7 million, up $5.0 million or 12% from $41.7 million; Net income of $3.4 million or $0.11 per fully diluted share, down $1.1 million or 24% from $4.5 million or $0.15 per fully diluted share; Adjusted EBITDA of $6.1 million (13% of revenue), down $1.3 million or 18% from $7.4 million (18% of [Read more]

Canadian Oil Sands

TETRA Technologies, Inc. Announces Appointment Of Stephen A. Snider As A Director

July 30, 20153:11 PM PR Newswire

THE WOODLANDS, Texas, July 30, 2015 /PRNewswire/ -- TETRA Technologies, Inc. (TETRA or the Company) (NYSE:TTI) today announced that its board of directors has appointed Stephen A. Snider as a member of the board of directors and increased the size of the board to accommodate his appointment. Mr. Snider will serve as an independent director. Stuart M. Brightman, TETRA's President and Chief Executive Officer, stated, "Steve brings an impressive array of industry experiences to our Board. We are [Read more]

Cheniere Marketing and Central El Campesino Sign 20-Year LNG Sale and Purchase Agreement

July 30, 20152:51 PM PR Newswire

HOUSTON, July 30, 2015 /PRNewswire/ -- Cheniere Energy, Inc. ("Cheniere") (NYSE MKT: LNG) through its subsidiary, Cheniere Marketing International LLP ("Cheniere Marketing"), has entered into a liquefied natural gas ("LNG") sale and purchase agreement ("SPA") with Central El Campesino, under which Central El Campesino would purchase approximately 0.6 million tonnes per annum ("mtpa") of LNG delivered ex-ship for 20 years beginning in 2019 from the Corpus Christi Liquefaction Project currently [Read more]

LNG

Superior Energy Services Announces Second Quarter 2015 Results

July 30, 20152:30 PM PR Newswire

HOUSTON, July 30, 2015 /PRNewswire/ -- Superior Energy Services, Inc. (NYSE: SPN) (the "Company") today announced an adjusted net loss from continuing operations for the second quarter of 2015 of $47.4 million, or a $0.31 loss per share, excluding special items, on revenue of $710.8 million.  This compares to a net loss from continuing operations of $1.5 million, or $0.01 loss per share for the first quarter of 2015, on revenue of $917.2 million.  Reported loss from continuing operations for the [Read more]

Cheniere Energy, Inc. Reports Second Quarter 2015 Results

July 30, 20152:22 PM PR Newswire

HOUSTON, July 30, 2015 /PRNewswire/ -- Cheniere Energy, Inc. ("Cheniere") (NYSE MKT: LNG) reported a net loss attributable to common stockholders of $118.5 million, or $0.52 per share (basic and diluted), for the three months ended June 30, 2015, compared to a net loss attributable to common stockholders of $201.9 million, or $0.90 per share (basic and diluted), for the comparable 2014 period.  For the six months ended June 30, 2015, Cheniere reported a net loss attributable to common [Read more]

LNG

Cheniere Energy Partners, L.P. Reports Second Quarter 2015 Results

July 30, 20152:21 PM PR Newswire

HOUSTON, July 30, 2015 /PRNewswire/ -- Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE MKT: CQP) reported a net loss of $60.0 million and  $238.7 million for the three and six months ended June 30, 2015, respectively, compared to a net loss of $226.2 million and $296.0 million for the same periods in 2014, respectively.  Significant items for the three and six months ended June 30, 2015 were a loss of $7.7 million and $134.4 million, respectively, compared to a loss of $178.5 [Read more]

LNG

Cheniere Energy Partners LP Holdings, LLC Reports Second Quarter 2015 Results

July 30, 20152:19 PM PR Newswire

HOUSTON, July 30, 2015 /PRNewswire/ -- Cheniere Energy Partners LP Holdings, LLC ("Cheniere Partners Holdings") (NYSE MKT: CQH) reported net income of $4.5 million, or $0.02 per common share, for the three months ended June 30, 2015, compared to $4.6 million, or $0.02 per common share, for the same period in 2014.  For the six months ended June 30, 2015, Cheniere Partners Holdings reported net income of $9.1 million, or $0.04 per common share, compared  to net income of $8.9 million, or $0.04 [Read more]

LNG

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