Bipartisan bill requires advanced notice for crude-by-rail shipments and a new tax Washington state lawmakers passed legislation last week that adds new requirements to oil being transported into the state by rail. The bill, Senate Bill 5057, was initially authored to cover a wider range of crude oil being transported in the state, but was altered to be more exclusive
Story by The Globe and Mail Barrick Gold Corp. plans to sell part of its prized Chilean copper mine, in a move to reduce its $13-billion (U.S.) debt burden. The partial sale of Zalidvar will crimp Barrick’s cash flow at a time when it is dealing with a slump in copper and gold prices. But Zaldivar, which used to be
Exterran Partners, L.P. (EXLP) today announced a cash distribution of $0.5625 per limited partner unit, or $2.25 per limited partner unit on an annualized basis, payable on May 15, 2015 to unitholders of record at the close of business on May 11, 2015. The first-quarter 2015 distribution covers the period from Jan. 1, 2015 through March 31, 2015. The distribution
The giants of the oilservice industry kicked off earnings season last week. The viewpoints of multi-billion dollar companies like Halliburton (ticker: HAL), Schlumberger (ticker: SLB) and Weatherford (ticker: WFT) are unique, given that the companies provide an insider’s perspective on industry activity based on what they are experiencing firsthand in the field. The oilfield services sector has appeared to bear
Range Resources (ticker: RRC) first quarter 2015 financial results news release will be issued Tuesday, April 28 after the close of trading on the New York Stock Exchange. A conference call to review the financial results is scheduled on Wednesday, April 29 at 9:00 a.m. ET (8:00 am CT). To participate in the call, please dial 877-407-0778 and ask for
