Archive for June, 2020

Atlantic Power Corporation and Atlantic Power Preferred Equity Ltd. Declare Quarterly Dividends on the Cumulative Redeemable Preferred Shares, Series 1, Cumulative Rate Reset Preferred Shares, Series 2 and Cumulative Floating Rate Preferred Shares, Series 3 of Atlantic Power Preferred Equity Ltd.

Atlantic Power Corporation and Atlantic Power Preferred Equity Ltd. Declare Quarterly Dividends on the Cumulative Redeemable Preferred Shares, Series 1, Cumulative Rate Reset Preferred Shares, Series 2 and Cumulative Floating Rate Preferred Shares, Series 3 of Atlantic Power Preferred Equity …

June 1, 2020 - 5:00 pm Press Releases

Helmerich & Payne, Inc. To Participate in Virtual Conferences in June 2020

Helmerich & Payne, Inc. To Participate in Virtual Conferences in June 2020

June 1, 2020 - 5:00 pm Conference Calls & Webcasts, Press Releases

NGL Energy Partners LP Announces Fourth Quarter and Record Full Year Fiscal 2020 Financial Results

NGL Energy Partners LP Announces Fourth Quarter and Record Full Year Fiscal 2020 Financial Results

June 1, 2020 - 4:55 pm Press Releases

Era Group Announces Board Approval of Reverse Stock Split

Era Group Announces Board Approval of Reverse Stock Split

June 1, 2020 - 4:45 pm Press Releases
CenterPoint Energy and Energy Capital Partners Complete Sale of CenterPoint Energy Services Business

CenterPoint Energy and Energy Capital Partners Complete Sale of CenterPoint Energy Services Business

HOUSTONJune 1, 2020 /PRNewswire/ — CenterPoint Energy, Inc. (NYSE: CNP) and Energy Capital Partners, LLC, (ECP), a private equity and credit investor specializing in energy infrastructure projects, today announced that they have closed on the sale of CenterPoint …

Black Hills Corp. Submits Consolidated Rate Review Proposal in Nebraska and Files Wygen I Power Purchase Agreement Settlement with FERC

Black Hills Corp. Submits Consolidated Rate Review Proposal in Nebraska and Files Wygen I Power Purchase Agreement Settlement with FERC

June 1, 2020 - 4:43 pm Press Releases

Targa Resources Corp. Elects New Board Member

Targa Resources Corp. Elects New Board Member

June 1, 2020 - 4:30 pm Press Releases

Sunoco LP Announces Thomas R. Miller, Chief Financial Officer, to Retire

Sunoco LP Announces Thomas R. Miller, Chief Financial Officer, to Retire

June 1, 2020 - 4:30 pm Press Releases

ProPetro Reports Preliminary Unaudited Financial Results for the First Quarter 2020

ProPetro Reports Preliminary Unaudited Financial Results for the First Quarter 2020

June 1, 2020 - 4:15 pm Press Releases

EnLink Midstream to Participate in Investor Conference

EnLink Midstream to Participate in Investor Conference

June 1, 2020 - 4:15 pm Conference Calls & Webcasts, Press Releases

Dominion Energy Boosts Support for Customers Struggling Financially During Pandemic

Dominion Energy Boosts Support for Customers Struggling Financially During Pandemic

June 1, 2020 - 4:11 pm Press Releases

Concho Resources Inc. to Participate in Upcoming Conferences

Concho Resources Inc. to Participate in Upcoming Conferences

June 1, 2020 - 4:05 pm 360 Company Releases

Concho Resources Inc. to Participate in Upcoming Conferences

Concho Resources Inc. to Participate in Upcoming Conferences

June 1, 2020 - 4:05 pm Conference Calls & Webcasts, Press Releases

Chart Industries Provides Second Quarter 2020 Update

Chart Industries Provides Second Quarter 2020 Update

June 1, 2020 - 4:01 pm Press Releases
Source: Reuters

U.S. EPA moves to curb state powers to deny permits for energy projects

Reuters


WASHINGTON – U.S. Environmental Protection Agency chief Andrew Wheeler signed on Monday a rule limiting state powers to block energy infrastructure projects, setting up a fight with some Democratic governors who say Washington is stripping their ability to protect …

Why SM Energy Stock Rocketed 17% Higher on Monday

Why SM Energy Stock Rocketed 17% Higher on Monday

June 1, 2020 - 3:01 pm 360 Company Releases

Why SM Energy Stock Rocketed 17% Higher on Monday

Why SM Energy Stock Rocketed 17% Higher on Monday

June 1, 2020 - 3:01 pm Press Releases
Source: Reuters

Column: Hedge funds turn bullish on crude, remain cautious on fuels

Reuters


LONDON – Hedge funds continue to bet on a recovery in oil prices, but their bullishness is concentrated on crude, especially U.S. crude, while refined fuel markets are expected to take longer to tighten.

Hedge funds and other money …

360 Digital Closing Bell 6-1-2020

360 Digital Closing Bell 6-1-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail.  The best 6 min summary of the energy markets.  

 

Nat Gas down, Demand up!  

 

International News Desk: The incoming imports are going

Harris Williams Advises Carolina Marine Terminal, Inc. on its Investment from Transportation Infrastructure Partners, a Joint Venture Between Ridgewood Infrastructure and Savage

Harris Williams Advises Carolina Marine Terminal, Inc. on its Investment from Transportation Infrastructure Partners, a Joint Venture Between Ridgewood Infrastructure and Savage

June 1, 2020 - 1:46 pm Press Releases
Source: CNBC

Scandinavian joint venture to specialize in recycling electric vehicle batteries

CNBC


Norsk Hydro and Northvolt have set up a joint venture that will focus on the recycling of both battery materials and aluminum from Norway’s electric vehicle sector.

In an announcement Monday, battery manufacturer Northvolt said the venture, dubbed Hydro …

OPEC supply cut compliance at 74% in May

OPEC supply cut compliance at 74% in May

Oil & Gas


While Saudi Arabia and other Gulf countries made additional cuts to their production, some nations lagged behind on their commitments

Oil output from members of the Organisaation of Petroleum Exporting Countries (OPEC) hit the lowest amount in …

June 1, 2020 - 1:22 pm Crude Oil News, Crude Oil Storage, International, OPEC
Petrofac secures Iraq contract extension with Basra Oil Company

Petrofac secures Iraq contract extension with Basra Oil Company

Oil & Gas


The extension is for BOC’s long-standing Iraq Crude Oil Export Expansion Project

Petrofac’s Engineering & Production Services division (EPS) has secured a further six-month contract extension with Basra Oil Company (BOC) for its long-standing Iraq Crude Oil …

June 1, 2020 - 1:17 pm Crude Oil News, International

TC Energy provides conversion right and dividend rate notice for Series 3 and 4 preferred shares

TC Energy provides conversion right and dividend rate notice for Series 3 and 4 preferred shares

June 1, 2020 - 1:14 pm Press Releases

Pembina Pipeline Corporation Provides Notice of Series 19 Preferred Share Conversion Right and Announces Reset Dividend Rates

Pembina Pipeline Corporation Provides Notice of Series 19 Preferred Share Conversion Right and Announces Reset Dividend Rates

June 1, 2020 - 12:40 pm Press Releases

Shares of Sasol Surge as South Africa Eases Lockdown Restrictions

Shares of Sasol Surge as South Africa Eases Lockdown Restrictions

June 1, 2020 - 12:33 pm Press Releases
Source: Reuters

Exclusive: China snaps up Russia’s expensive Urals oil in thirst for sour barrels

Reuters


MOSCOW  – China’s refiners have purchased a quarter of Russia’s Urals oil exports planned for June in the Baltic despite record high premiums for the grade due to a lack of sour barrels as result of the OPEC+ output …

HollyFrontier Announces Expansion of Renewables Business

HollyFrontier Announces Expansion of Renewables Business

June 1, 2020 - 12:00 pm Press Releases

PG&E Reminds Customers: Keep Balloons Secure During Shelter-at-Home Birthday and Graduation Celebrations

PG&E Reminds Customers: Keep Balloons Secure During Shelter-at-Home Birthday and Graduation Celebrations

June 1, 2020 - 12:00 pm Press Releases

Georgia Power customers to see $21 reduction on June bills

Georgia Power customers to see $21 reduction on June bills

June 1, 2020 - 11:47 am Press Releases