On January 12, Core Laboratories N.V. (ticker: CLB) announced that it would increase the cash dividend on its common shares to $0.55 per share. The dividend represents a 10% increase and will be payable on February 20, 2015, to shareholders of record January 23, 2015. With operations in 50 countries — essentially working in every major oil-producing province in the
Cash is Flowing into North American Oil and Gas Industry: OAG360 Exclusive Interview with Ken Hersh “We operate with a very wide and blank canvas.” – Ken Hersh, CEO, NGP Energy Capital Management Ken Hersh, CEO and co-founder, NGP Energy Capital Management Raising capital to fund North American energy companies has been NGP Energy Capital Management’s bread and butter since
Story by Reuters BP Plc (BP.L) will face a maximum fine of $13.7 billion under the Clean Water Act for its Gulf of Mexico oil spill, several billion dollars less than feared, after a judge ruled that it was smaller than the U.S. government claimed. The ruling by federal magistrate Carl Barbier put the size of the worst offshore spill
Story by Reuters Enterprise Products Partners said on Friday its Seaway Twin pipeline may not run at full capacity for the time being on low oil prices. It is running at 200,000-250,000 barrels per day (bpd) now, versus capacity of 450,000 bpd, Enterprise COO Jim Teague said. The line connects to Enbridge’s Illinois-to-Oklahoma Flanagan South and is part of a
Acorn Energy Announces Receipt of Nasdaq Notice of Bid Price Deficiency
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