July 2015

Phillips 66 Partners LP (PSXP) announces that the board of directors of its general partner declared a second-quarter 2015 cash distribution of $0.40 per common unit. This quarter’s distribution represents an increase of 8 percent over the previous quarterly distribution of $0.37 per unit and a 33 percent increase over second-quarter 2014. The distribution increase is consistent with previous guidance

Tesoro Logistics LP (TLLP) (“TLLP”) and QEP Midstream Partners, LP (QEPM) (“QEPM”) today announced the completion of their previously announced merger. As a result of the merger, QEPM is now a wholly owned subsidiary of TLLP and its common units will cease trading on the New York Stock Exchange. TLLP common units will continue to trade on the New York

Chesapeake Energy Corporation (CHK) today announced an updated financial strategy. Highlights include: Elimination of common stock dividend effective 2015 third quarter Sale of CHK Cleveland Tonkawa, L.L.C. properties and adjacent assets anticipated to close in 2015 third quarter; redemption of preferred shares in CHK Cleveland Tonkawa subsidiary Declaration of preferred stock dividends Due to the current commodity price environment for

Total (Paris:FP) (LSE:TTA) (NYSE:TOT) has started production from Dalia Phase 1A, a new development on its deep offshore operated Block 17, located 135 km off the coast of Angola. Dalia Phase 1A will develop additional reserves of 51 million barrels (Mb) and will contribute 30,000 barrels per day (b/d) to the block’s production. “The Dalia FPSO came on stream nearly nine years ago and

Click here for OAG360’s original article covering the announcement on May 11 Noble Energy, Inc. (“Noble Energy”) (NYSE: NBL) today announced that the stockholders of Rosetta Resources Inc. (“Rosetta”) overwhelmingly approved the merger of Rosetta into a subsidiary of Noble Energy. The transaction closed following the shareholder meeting and the merger will be effective at the end of today. In