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Tuesday, March 10, 2026

December 16, 2016

PetroQuest Energy Appoints Director

December 16, 2016

PetroQuest Energy, Inc. (ticker: PQ) announced that J. Gerard Jolly, CPA has been appointed by the Board of Directors to serve as a director and the Chairman of the Audit Committee. The Company’s Board of Directors has affirmatively determined Mr. Jolly to be independent under the listing standards of the NYSE and the rules of the SEC.  In addition, Mr. Jolly

OPEC threatened by Cushing’s Soaring Supplies

December 16, 2016

From Bloomberg CUSHING, Oklahoma (Bloomberg) — For OPEC, there are few enemies more fearsome than the tiny Oklahoma town of Cushing. With oil inventories at Cushing creeping near an all-time high, U.S. benchmark futures prices are struggling to advance despite the promised production cuts agreed to by OPEC, Russia and other producers. And the storage tanks are likely to stay

Nigeria Set to Benefit Most from OPEC Cut, but WTI is More Attractive to Global Buyers

December 16, 2016

From Reuters * Unsold cargoes linger due to glut of light oil * U.S. oil more competitive after Brent’s OPEC boost * Planned cuts are mostly to sour crude LONDON, Dec 16 Nigeria, one of two OPEC countries completely shielded from any cuts to its oil production, was in line for a windfall from the group’s agreement late last month

BP Moving to Denver from Houston

BP Moving to Denver from Houston

December 16, 2016

BP seeks access to key producing basins in Rockies, sees move as strategic platform for growth BP (ticker: BP) is moving a U.S. headquarters from Houston to Denver. The company said its U.S. Lower 48 onshore Denver headquarters operations will be closer to its asset position in the Rocky Mountain region, which the company designated as “an important energy hub of

Enbridge Shareholders Overwhelmingly Support Combination with Spectra Energy

December 16, 2016

Enbridge Inc. (ticker: ENB) said that its shareholders overwhelmingly approved the merger between Enbridge and Spectra Energy Corp. Of the common shares of Enbridge voted at the Meeting, 99.42% of the Enbridge Shares were voted in favor of the issuance of Enbridge Shares as consideration for the transaction, and 99.80% of the Enbridge Shares were voted in favor of the

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