Archive for May, 2017

Lanier Law Firm Adds Experienced Oil & Gas Attorney Todd Grimmett

Lanier Law Firm Adds Experienced Oil & Gas Attorney Todd Grimmett

May 1, 2017 - 3:18 pm Press Releases
No Slowing the Permian Land Grab: Centennial Resource Development Enters the Northern Delaware

No Slowing the Permian Land Grab: Centennial Resource Development Enters the Northern Delaware

Raising our 2020 oil production target to 60,000 BOPD: Centennial CEO Mark Papa

Denver’s Centennial Resource Development, Inc. (ticker: CDEV) said on Monday it is acquiring undeveloped acreage and producing oil and gas properties in the core of the Northern …

Renewable Energy Group Closes Financing on $24 Million Upgrade to Ralston Biorefinery

Renewable Energy Group Closes Financing on $24 Million Upgrade to Ralston Biorefinery

May 1, 2017 - 2:25 pm Press Releases

Sundance Energy Australia Limited Quarterly Activities Report

Sundance Energy Australia Limited Quarterly Activities Report

May 1, 2017 - 1:49 pm Press Releases

Maxwell Technologies names Thibault Kassir VP and GM, Energy Storage Products

Maxwell Technologies names Thibault Kassir VP and GM, Energy Storage Products

May 1, 2017 - 1:30 pm Press Releases
Parsley Ups Borrowing Base to $1.4 Billion

Parsley Ups Borrowing Base to $1.4 Billion

Parsley has full borrowing capacity available for Permian development

Permian driller Parsley Energy (ticker: PE) said it has amended its revolving credit agreement, increasing the borrowing base by 60% to $1.4 billion, with a company-elected commitment amount of $1.0 billion.…

PG&E Opens 2017-2019 Self-Generation Incentive Program Supporting Customer Energy Choices

PG&E Opens 2017-2019 Self-Generation Incentive Program Supporting Customer Energy Choices

May 1, 2017 - 1:00 pm Press Releases

Global Wind Turbine Composite Materials Market – Drivers and Forecast From Technavio

Global Wind Turbine Composite Materials Market – Drivers and Forecast From Technavio

May 1, 2017 - 12:43 pm Press Releases
Samson Oil & Gas Reports Improving Differentials in the Williston

Samson Oil & Gas Reports Improving Differentials in the Williston

Samson Oil & Gas lowers differential from $8.00 per barrel to $5.50-$6.50

Samson Oil & Gas (ticker: SSN) announced its quarterly results for the first quarter of 2017 indicating that the company is seeing stronger pricing for its Williston Basin …

EnCap-Backed PetroLegacy Snags 20,000 Midland Acres from Pioneer

EnCap-Backed PetroLegacy Snags 20,000 Midland Acres from Pioneer

99% HBP by 220 producing vertical wells

EnCap-backed PetroLegacy Energy II, LLC closed on the acquisition of roughly 20,000 net acres in northeastern Martin County, Texas, from Pioneer Natural Resources Company (ticker: PXD) for $266 million.

PetroLegacy said the Northern …

Another FERC Commissioner Announces Departure

From The Hill

Federal Energy Regulatory Commissioner (FERC) Colette Honorable said Friday she will leave the board when her term expires in June.

“After much prayer and consideration I’ve decided not to pursue another term,” Honorable wrote in a note …

Energy Transfer Partners Expected to Be Removed from the Alerian Index Series

Alerian announced today that Energy Transfer Partners (ETP) is expected to be removed from the Alerian MLP Index (AMZ), Alerian MLP Equal Weight Index (AMZE), Alerian MLP Infrastructure Index (AMZI), and the Alerian Large Cap MLP Index (AMLI) in a …

May 1, 2017 - 11:49 am Energy News, MLP News

East Coast refiners eye Texas oil as North Dakota alternative

From Reuters

U.S. East Coast refiners are looking to buy increasing volumes of domestic crude oil from the Gulf Coast, two sources said, the latest twist in a trade flow upheaval in the wake of the opening of the Dakota …

May 1, 2017 - 11:44 am Energy News, MLP News

Alabama Graphite Corp. Commences Production of greater than 150 Kilogram Stockpile of Sourced-and-Manufactured-in-USA Specialty Battery-Ready Graphite for End User Qualification

Alabama Graphite Corp. Commences Production of greater than 150 Kilogram Stockpile of Sourced-and-Manufactured-in-USA Specialty Battery-Ready Graphite for End User Qualification

May 1, 2017 - 11:43 am Press Releases

Paraco Gas expands its base on Long Island with the acquisition of family owned Island Propane

Paraco Gas expands its base on Long Island with the acquisition of family owned Island Propane

May 1, 2017 - 11:35 am Press Releases

STEP Energy Halves IPO Pricing to $100 million, from $200 Million

From PE Hub

Calgary oilfield service company STEP Energy Services Inc. has revised its recently filed initial public offering. STEP, backed by Canadian energy private equity firm ARC Financial Corp, said it will sell 10 million common shares at $10 …

May 1, 2017 - 11:31 am Closing Bell Story‎, Energy News

NuStar Issues More Stock, Senior Notes to Fund Permian Basin Deal Amid Profitable First Quarter

From the San Antonio Business Journal

Midstream company NuStar Energy reported a profitable first quarter and is starting the second quarter with two financial transactions that will help to pay for a $1.475 billion deal to buy its first assets …

May 1, 2017 - 11:29 am Energy News, MLP News

Schaeffler Showcases Comprehensive Portfolio of Technological Innovations for the Oil & Gas Industry at OTC 2017

Schaeffler Showcases Comprehensive Portfolio of Technological Innovations for the Oil & Gas Industry at OTC 2017

May 1, 2017 - 11:26 am Press Releases

Trump’s tax cut proposal shines light on MLPs

From Reuters

The Trump administration’s proposal to slash tax rates on so-called pass-through businesses would deliver a windfall to investors in master limited partnerships and could offer a much-needed lift to this niche segment of the energy market.

The tax …

May 1, 2017 - 11:23 am Energy News, MLP News

Dominion Virginia Power Plan Sees More Clean Energy

Dominion Virginia Power Plan Sees More Clean Energy

May 1, 2017 - 11:17 am Press Releases

Midstates Petroleum Announces Trading on NYSE to Commence on May 4, 2017

Midstates Petroleum Announces Trading on NYSE to Commence on May 4, 2017

May 1, 2017 - 11:16 am Press Releases

California Drivers Fuel Up for a Dollar as Propel Fuels Launches 105 Octane Tour

California Drivers Fuel Up for a Dollar as Propel Fuels Launches 105 Octane Tour

May 1, 2017 - 11:15 am Press Releases

Divestment’s Price Tag: Higher Tuition, Fewer Services at Universities, Lower Payments for Pensioners

Divestment’s Price Tag: Higher Tuition, Fewer Services at Universities, Lower Payments for Pensioners

May 1, 2017 - 10:34 am Press Releases

Shell announces the completion of the transaction to separate Motiva assets

Shell announces the completion of the transaction to separate Motiva assets

May 1, 2017 - 10:14 am Press Releases

Madalena Announces its 2016 Year End Financial and Operating Results and Year End Reserves

Madalena Announces its 2016 Year End Financial and Operating Results and Year End Reserves

May 1, 2017 - 10:12 am Press Releases

Freepoint Energy Solutions to Commence Operations

Freepoint Energy Solutions to Commence Operations

May 1, 2017 - 10:00 am Press Releases

Georgia Power introduces new PSA during National Electric Safety Month

Georgia Power introduces new PSA during National Electric Safety Month

May 1, 2017 - 10:00 am Press Releases

David J. McFadden Joins Forum Vostro Energy Services Advisory Board

David J. McFadden Joins Forum Vostro Energy Services Advisory Board

May 1, 2017 - 10:00 am Press Releases

PMI® at 54.8%; April Manufacturing ISM® Report On Business®; New Orders, Production and Employment Growing; Supplier Deliveries Slowing; Inventories Growing

PMI® at 54.8%; April Manufacturing ISM® Report On Business®; New Orders, Production and Employment Growing; Supplier Deliveries Slowing; Inventories Growing

May 1, 2017 - 10:00 am Press Releases

Air Products Will Highlight Gases and Related Technologies to Help Steelmakers Optimize Their Operations at AISTech 2017

Air Products Will Highlight Gases and Related Technologies to Help Steelmakers Optimize Their Operations at AISTech 2017

May 1, 2017 - 9:36 am Press Releases