Friday, February 7, 2025

MarkWest Increases Distribution

MarkWest plans on increasing distribution thru 2020 During the company’s conference call today, Frank Semple, Chairman, President and Chief Executive Officer of MarkWest Energy Partners (ticker: MWE) announced that MWE expects to increase its distribution to approximately $3.70 for this year, $0.16 (or 4.5%) more than the company’s distribution in 2014. Mr. Semple also said that MarkWest expects to continue increasing

Chevron Raises $6 Billion From Bond Deal Repaying Borrowings

Story by Bloomberg Chevron Corp. sold $6 billion of bonds, the biggest offering by the U.S. oil and gas producer since the 54 percent rout in crude began in July, as investors seek debt of energy producers that can weather the downturn. As part of the deal the company sold $1.75 billion of 1.961 percent, five-year notes yielding 50 basis

Mixed Reactions to Colorado Task Force Decision

The Colorado Oil and Gas Task Force to send nine recommendations to the governor’s office later this week Last September, Gov. Hickenlooper created the task force as part of a compromise to remove both pro- and anti-hydrocarbon development initiatives from the November ballot. The taskforce was created in order to give recommendations to the governor, but has no regulatory power

2015 PetroQuest Energy – Charles Goodson

Download Video File PetroQuest Energy (NYSE: PQ) Chairman, President and CEO Charles Goodson discusses the company’s runway of projects, the Thunder Bayou well results, upcoming development plans and activities with the Federal Reserve Board in this exclusive interview with Oil & Gas 360® from EnerCom’s The Oil & Services Conference™ 13. Click here for PetroQuest’s operational and financial metrics on

Encana Reports Strong Performance in 2014, Reduces 2015 Capital

CALGARY, AB –(Marketwired – February 25, 2015) – Encana (TSX: ECA) (NYSE: ECA) Encana reported strong results from a transformative 2014 in which the company restructured its organization, transformed its portfolio and delivered solid operational results. The company delivered on all of its strategic targets and achieved enduring efficiency improvements throughout the business. Highlights include: — Average annual liquids production

TransCanada Announces Agreement to Sell Remaining 30 Per Cent Interest in GTN to TC PipeLines, LP

CALGARY, ALBERTA–(Marketwired – Feb. 25, 2015) – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that it has entered into an agreement to sell its remaining 30 per cent interest in Gas Transmission Northwest LLC (GTN) to its master limited partnership, TC PipeLines, LP (NYSE:TCP) (the Partnership). “This agreement is part of TransCanada’s long-term strategy to drop down our remaining U.S.

MAJOR ENERGY INKS DEAL WITH THE NEW YORK YANKEES ON NEW MULTI-YEAR MARKETING PARTNERSHIP

Major Energy Becomes The Official Energy Supply Company Of The New York Yankees NEW YORK (February 24, 2015) – Major Energy is pleased to announce its new multi-year marketing partnership with theNew York Yankees that names Major Energy as the organization’s Official Energy Supply Company. The partnership provides Major Energy with premier brand integration at Yankee Stadium and expands its

Unusual Year Might Impact Oil and Gas Financial Reporting

From Hein Over the years, the world has become familiar with oil price fluctuations and the impact they have on oil and gas financial reporting. The supply of oil is affected by numerous factors including wars, growing economies, regulations, new discoveries, etc.  In 2014, we saw crude oil prices cut in half in just a few months.  Starting in August,

Interview with Core Laboratories

Core Laboratories (NYSE: CLB) Chairman, President & CEO David Demshur discusses Core Laboratories’ reservoir enhancement technologies, the current oil and gas price environment, Peak Oil and details the company’s plans for 2015 and beyond. …

Cameron LNG Set to Become Largest U.S. Export Facility

If Approved, New Export Capacity would Exceed 3.5 Bcf/d Sempra Energy’s (ticker: SRE) Cameron LNG plant, located in Hackberry, Louisiana, is about to get bigger. Representatives for the $10 billion LNG export plant applied for a facility expansion on February 24, 2015 – roughly four months after construction began. If approved, the expansion will provide an additional storage tank along

Interview with Anatol Feygin, Senior Vice President, Cheniere Energy – Oil & Gas 360’s Top Minds in the Business

View PDF of Interview Slides – Download Video File U.S. Exports of liquefied natural gas (LNG) have been at the forefront of discussions about North America’s evolving energy revolution. U.S. LNG export projects are expected to come online throughout North America by the end of the decade, and the company at the front of the pack is Cheniere Energy (ticker: LNG).