Sunday, December 22, 2024
Oil & Gas 360 - ConocoPhillips ups drilling program in Eagle Ford - Oil & Gas 360

Anatomy of an MLP Transaction: Is Half a Billion Dollars Expensive?

Vanguard Natural Resources (ticker: VNR) announced on April 20th that the company had entered into a purchase and sale agreement to acquire LRR Energy (ticker: LRE) for a total of $539 million. The purchase price includes $251 million in equity and $288 million in debt. The transaction will be an exchange of common units, where LRE unitholders will receive 0.55

Sage-Grouse Not “Threatened” in Nevada and California: Feds

Nine other Western States Still Not Out of the Woods The U.S. Fish and Wildlife Service (FWS) ruled today that the Bi-State population of greater sage-grouse, found in Nevada and California, does not require the protection of the Endangered Species Act (ESA). The U.S. Fish and Wildlife Service declared the Bi-State population of greater sage-grouse a Distinct Population Segment (DPS)

Export Study

ENRC Energy Bill will Break With Tradition

OAG360 Exclusive: Interview with Senate Energy and Natural Resources Committee’s Robert Dillon During her keynote speech this week at CERA Week, Senator Lisa Murkowski (Alaska) announced that she will be introducing legislation this year to repeal the U.S. crude oil export ban, and also changing the way the Senate Energy and Natural Resources Committee (ENRC) looks at legislation. Murkowski is

EQT Midstream Partners Increase Distribution

EQT Midstream Partners Increases Quarterly Distribution EQT Midstream Partners, LP (EQM), an EQT Corporation company, today announced the declaration of a quarterly cash distribution of $0.61 per unit for the first quarter of 2015. The distribution represents a 5% increase over the distribution for the fourth quarter of 2014; and a 24% increase over the distribution for the first quarter of

global petroleum consultancy Netherland, Sewell & Associates (NSAI) hosts a series of oil and gas property evaluation seminars. Oil & Gas 360

Valero Energy Partners Increases Distribution

Valero Energy Partners LP Increases Quarterly Cash Distribution by 4.3 Percent The Board of Directors of Valero Energy Partners GP LLC, the general partner of Valero Energy Partners LP (NYSE: VLP, the Partnership), has approved the Partnership’s first quarter 2015 cash distribution of $0.2775 per unit.  This distribution represents a 4.3 percent increase over the Partnership’s previous quarterly distribution and

Report: BP Said to Seek Bids for $2 Billion in U.S. Infrastructure

Story by Bloomberg BP Plc is seeking buyers for as much as $2 billion of U.S. pipelines and storage terminals, according to people familiar with the matter, making the U.K. energy giant the latest looking to offload some of its non-drilling infrastructure. In the last two weeks, BP sent offering materials to potential buyers of two batches of assets: Its

Western Refining Announces Dividend

Western Refining Announces Dividend Increase Western Refining, Inc. (WNR) today announced its Board of Directors approved a $0.34 per share dividend for the second quarter of 2015, a 13% increase from the $0.30 per share dividend paid in the first quarter of 2015. The dividend will be paid on May 20, 2015, to shareholders of record at the close of

Delek Logistics Announces Distribution

Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $0.53 per Limited Partner Unit Delek Logistics Partners, LP (DKL) (“Delek Logistics”) today declared its quarterly cash distribution for the first quarter 2015 of $0.53 per limited partner unit, or $2.12 per unit on an annualized basis. This distribution represents a 3.9 percent increase from the fourth quarter 2014 distribution of

Transocean Ltd. Appoints Jeremy D. Thigpen President & CEO

Transocean Ltd. (RIG) (RIGN.VX) today announced that Jeremy D. Thigpen has been named President and Chief Executive Officer effective April 22, 2015. Mr. Thigpen succeeds Ian C. Strachan, Interim CEO. As previously announced, Mr. Strachan, who is also the company`s Chairman of the Board of Directors, will retire from the Board at the end of his term at the 2015

Eagle Rock Announces Distribution

Eagle Rock Announces First Quarter 2015 Cash Distribution and Earnings Release Date Eagle Rock Energy Partners, L.P. (EROC) (“Eagle Rock” or the “Partnership”) today declared that the Board of Directors approved a cash distribution for the quarter ended March 31, 2015 of $0.07 per common unit (including eligible restricted common units), equivalent to $0.28 per unit on an annualized basis.

Blueknight Declares Quarterly Distributions

Blueknight Declares Quarterly Distributions Blueknight Energy Partners, L.P. (BKEP)(BKEPP) (“BKEP” or the “Partnership”), a midstream energy company focused on providing integrated services for companies engaged in the production, distribution and marketing of crude oil, asphalt and other petroleum products, announced today that the board of directors of its general partner has declared quarterly cash distributions of $0.1395 per common unit,

Targa Resources Announces Quarterly Dividend

Targa Resources Announces Increase in Quarterly Dividend and Distribution, Provides Revised 2015 Outlook, Publishes Updated Investor Presentation and Announces Timing of First Quarter 2015 Earnings Releases and Conference Call Targa Resources Corp. (“TRC” or the “Company”) (TRGP) and Targa Resources Partners LP (“Targa Resources Partners”, “TRP” or the “Partnership”) (NGLS) (jointly “Targa”) announced their respective quarterly dividend and distribution for