The bloodlines of Jeb Bush and Hillary Clinton both run deep in the American political scene. Both have a history, directly and indirectly, in the Oval Office – the same office a slew of candidates are vying for in 2016. The similarities end there, however, as both Clinton and Bush are on opposite ends of the political spectrum. That includes
Judge Scott Skavdahl Blocks Proposed Government Regulations The final day of September marked the end of Q3’15 for the majority of oil and gas companies. The same definitive timeframe doesn’t apply for hydraulic fracturing on Federal lands, which created a new chapter as corporations closed the books on their latest quarterly financial results. On September 30, 2105, U.S. District Court
From The Jordan Times AMMAN – Jordan has returned to relying heavily on liquefied natural gas (LNG) for electricity production after more than four years of using expensive heavy fuel, according to Minister of Energy and Mineral Resources Ibrahim Saif. The minister said that as of July this year, nearly 85 per cent of the Kingdom’s power generation depended on
Regulations less strict than originally considered, but could still be damaging The U.S. Environmental Protection Agency (EPA) has adopted stricter limits on smog emissions, forcing states to reduce the amount of emissions they produce. The new National Ambient Air Quality Standards (NAAQS) will allow for 70 parts per billion (ppb) of nitrogen oxides in the air throughout the United States.
Producers looking to get the most out of wells are increasing volumes of frac sand In the current price environment, companies are doing everything they can to get the most out of their wells. Falling commodity prices have made wells increasingly uneconomical, a problem that is being acutely felt during quarterly reserves ceiling tests. Operators are doing everything they can
Oil and Gas Projects to Target Energy Reform Onshore Blocks Round 1.3 CALGARY, ALBERTA–(Marketwired – Oct. 1, 2015) – International Frontier Resources Corporation (“IFR” or the “Company”) (TSX VENTURE:IFR), on October 1st, is pleased to announce that it has entered into a strategic joint venture agreement with Grupo Idesa S.A. de CV (“IDESA”). The joint venture will allow for the
Enterprise Declares 45th Consecutive Quarterly Distribution Increase; Enterprise Products Company Intends to Reinvest $50 Million of November Distributions HOUSTON–(BUSINESS WIRE)–Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution paid to partners to $0.385 per common unit, or $1.54 per unit on an annualized
DALLAS–(BUSINESS WIRE)–Kosmos Energy Ltd. (“Kosmos”) (NYSE: KOS) announced today two developments that together strengthen the company’s liquidity and better position Kosmos for continued success in a lower commodity price environment. In addition, the company provided an update on its exploration drilling program. Financial Update Kosmos announced today that the borrowing base under its reserves-based lending facility remains unchanged at $1.5
MIDLAND, Texas–(BUSINESS WIRE)–Concho Resources Inc. (NYSE: CXO) (the “Company”) today announced that it has priced an upsized public offering of 7,700,000 shares of its common stock for total gross proceeds (before underwriters’ fees and estimated expenses) of approximately $712 million. The underwriters have an option for 30 days to purchase up to an additional 1,155,000 shares of common stock from
OKLAHOMA CITY–(BUSINESS WIRE)–Chesapeake Energy Corporation (NYSE:CHK) today announced it has amended its five-year, $4.0 billion revolving credit facility agreement maturing in 2019 with its bank syndicate group. Key attributes include: Facility moves to a $4.0 billion senior secured revolving credit facility from a senior unsecured revolving credit facility The initial borrowing base is confirmed at $4.0 billion, consistent with current
CALGARY, ALBERTA–(Marketwired – Oct. 1, 2015) – NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA. Manitok Energy Inc. (the “Corporation” or “Manitok“) (TSX VENTURE:MEI) wishes to provide this update to inform its shareholders of the proactive steps that the Corporation is taking to withstand the current commodity market conditions. The significant, unforeseen
HOUSTON–(BUSINESS WIRE)–Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood Equity”) and Crestwood Midstream Partners LP (NYSE: CMLP) (“Crestwood Midstream”) (collectively “Crestwood”) today announced the closing of the merger between Crestwood Equity and Crestwood Midstream following approval of the merger by Crestwood Midstream’s unitholders. Crestwood Equity’s common units will continue to trade on the New York Stock Exchange under the symbol CEQP,
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