BOE Report

Pre-existing defect led to January 2014 pipeline rupture in Otterburne, Manitoba

WINNIPEG, July 28 2015 /CNW/ -The Transportation Safety Board of Canada (TSB) today released its investigation report (P14H0011) into the 25 January 2014 rupture of a TransCanada PipeLines Limited pipeline. A 30-inch natural gas pipeline, Line 400-1, ruptured and ignited at the site of Mainline Valve 402 near Otterburne, Manitoba. The escaping gas burned for approximately 12 hours. Five residences in the immediate vicinity were evacuated until the fire was extinguished. The investigation [Read more]

Vermilion Energy Inc. Announces Farm-in Agreement in Germany

CALGARY, July 28, 2015 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", the "Company", "We" or "Our") (TSX, NYSE: VET) is pleased to announce that we have entered into a farm-in agreement (the "Farm-in" or the "Agreement") with Mobil Erdgas-Erdӧl GmbH ("MEEG") and BEB Erdgas und Erdӧl GmbH & Co.KG ('BEB"). MEEG is 100% held by ExxonMobil and BEB is jointly held by ExxonMobil and Royal Dutch Shell.  ExxonMobil Production Deutschland GmbH ('EMPG") currently operates and manages [Read more]

Southwestern Energy Announces Second Quarter 2015 Financial And Operating Results

HOUSTON, July 27, 2015 /PRNewswire/ -- Southwestern Energy Company (NYSE: SWN) today announced its financial and operating results for the quarter ended June 30, 2015. Second quarter highlights include: Record production of 245 Bcfe, including 2 Bcfe associated with the East Texas and Arkoma assets that were divested during the second quarter; Total Appalachia net production of 122 Bcfe, comprised of 87 Bcf from Northeast Appalachia (a 43% increase compared to year-ago levels) and 35 Bcfe [Read more]

Waste Connections Reports Second Quarter 2015 Results

THE WOODLANDS, Texas, July 27, 2015 /PRNewswire/ -- Waste Connections, Inc. (NYSE: WCN) today announced its results for the second quarter of 2015.  Revenue in the second quarter was $531.3 million, as compared to revenue of $524.7 million in the year ago period.  Operating income was $110.0 million compared to $118.5 million in the second quarter of 2014.  Adjusted EBITDA* in the current year period was $177.7 million, as compared to adjusted EBITDA of $182.5 million in the prior year period.  [Read more]

FERC Issues Order Authorizing Excelerate Energy’s Aguirre Offshore GasPort Project

THE WOODLANDS, Texas, July 27, 2015 /PRNewswire/ -- On July 24, 2015, the Federal Energy Regulatory Commission (FERC) issued its order granting authorization to Excelerate Energy ("Excelerate"), in cooperation with the Puerto Rico Electric Power Authority (PREPA), to site, construct, and operate the proposed Aguirre Offshore GasPort Project ("Project") located offshore Puerto Rico. The order confirms the final Environmental Impact Statement (EIS) that resulted in a finding of no significant [Read more]

Atlas Resource Partners’ Lending Group Reaffirms $750 Million Borrowing Base

PITTSBURGH, July 27, 2015 /PRNewswire/ -- Atlas Resource Partners, L.P. ("ARP") (NYSE: ARP) announces that its syndicated lending group has reaffirmed the borrowing base of $750 million on ARP's senior secured revolving credit facility. Atlas Resource Partners, L.P. (NYSE: ARP) is an exploration & production master limited partnership which owns an interest in over 14,500 producing natural gas and oil wells, located primarily in Appalachia, the Barnett Shale (TX), the Mississippi Lime (OK), [Read more]

Lubricants Market Worth $68.54 Billion By 2022: Grand View Research, Inc.

SAN FRANCISCO, July 27, 2015 /PRNewswire/ -- The Global Lubricants Market size is expected to reach USD 68.54 billion by 2022, according to a new study by Grand View Research, Inc. Growth of automotive industry in emerging markets of Asia Pacific and Latin America is expected to drive automotive lubricants demand. The market is characterized by increasing demand for engine oils, transmission fluids and hydraulic fluids in both commercial and consumer automotives. Increasing sales of passenger [Read more]

Cheniere Energy Partners Declares Quarterly Distributions

HOUSTON, July 24, 2015 /PRNewswire/ -- Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE MKT: CQP) today declared (i) a cash distribution per common unit of $0.425 ($1.70 annualized) to unitholders of record as of August 3, 2015, and (ii) the related distribution to its general partner. All of these distributions are payable on August 14, 2015. Cheniere Partners owns 100 percent of the Sabine Pass LNG terminal located on the Sabine Pass deepwater shipping channel less than four miles [Read more]

CenterPoint Energy declares $0.2475 quarterly dividend

HOUSTON, July 24, 2015 /PRNewswire/ -- CenterPoint Energy, Inc.'s (NYSE: CNP) board of directors today declared a regular quarterly cash dividend of $0.2475 per share of common stock payable on Sept. 10, 2015, to shareholders of record as of the close of business on Aug. 14, 2015. CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution and energy services operations. The [Read more]

Sunoco LP Announces 2Q 2015 Earnings Conference Call Schedule

HOUSTON, July 24, 2015 /PRNewswire/ -- Sunoco LP (NYSE: SUN) will release its second quarter 2015 financial and operating results after the market closes on Wednesday, August 5. In conjunction with the news release, management will hold a conference call on Thursday, August 6, at 9:00 a.m. Central Time (10 a.m. Eastern Time) to discuss the Partnership's results. By Phone: Dial 412-902-0003 at least 10 minutes before the call. A replay will be available through August 13 by dialing [Read more]