Substantial Resource Upgrade at Chilalo Graphite Project
Substantial Resource Upgrade at Chilalo Graphite Project
A. O. Smith Corporation declares quarterly dividend
A. O. Smith Corporation declares quarterly dividend
Phillips 66 Announces 2016 Capital Budget and Increases Share Repurchase Program
HOUSTON–(BUSINESS WIRE)– Phillips 66 (PSX) announces its 2016 capital budget of $3.6 billion, excluding Phillips 66 Partners’ capital program. The board of directors of Phillips 66 also approved a $2.0 billion increase to the company’s share repurchase program. “The 2016 capital budget will fund Midstream growth and enhance returns in Refining,” said chairman and CEO Greg Garland. “Cash from operating
Oil Retreats from $50/Barrel as OPEC Reports 3-Year High Production
OPEC’s September report calls for higher demand for OPEC oil as non-member production declines OPEC’s oil monthly report for September saw production outside the group declining as the report forecast increasing demand for its own production for the remainder of 2015 and all of 2016. Non-OPEC oil supply growth for the remainder of the year is now expected to reach
Emerald Oil Announces Redetermination of Its Borrowing Base
Emerald Oil, Inc. (NYSE MKT: EOX) (“Emerald” or the “Company”) today announced that, effective as of October 6, 2015, the borrowing base under its revolving credit facility has been decreased from $200 million to $120 million as part of the Company’s regularly scheduled semi-annual redetermination by its lenders. The previously announced term loan facility was not consummated, and the Company
VAALCO Energy Gears Up for Second Well Offshore Gabon
First Well Continues to Produce 3,000 BOEPD VAALCO Energy (ticker: EGY), a Houston-based exploration and production company with operations focused in West Africa, has commenced drilling the second well in its North Tchibala field project. The first well, the North Tchibala 1-H, was brought online in mid-September and continues to produce approximately 3,000 BOEPD (750 BOEPD net to EGY) without
Antitrust Authority eases restrictions on search for additional natural gas fields
From the Jerusalem Post The decision comes at a time when the natural gas sector’s fate in Israel still remains uncertain. In attempt to expedite the discovery of additional natural gas reservoirs in the Mediterranean, the Antitrust Authority on Sunday announced it would be providing some regulatory relief for certain partnerships performing new explorations. “Cooperation on natural gas exploration
Hydrexia And HyGear Sign Agreement To Supply Low Cost Hydrogen In Europe
Hydrexia And HyGear Sign Agreement To Supply Low Cost Hydrogen In Europe
Gilbarco Veeder-Root Acquires Odysii
Purchase Extends Gilbarco’s Retail Technology Suite, With Proven Consumer Engagement Platform GREENSBORO, NC–(Marketwired – October 12, 2015) – Gilbarco, Inc. has signed and closed a definitive purchase agreement to acquire Odysii Technologies, Ltd. located in Tel Aviv, Israel. Odysii pioneered an analytics and consumer messaging platform at the point of purchase designed to be integrated with the point of sale
Range Announces Conference Call to Discuss Third Quarter 2015 Financial Results
FORT WORTH, TX–(Marketwired – Oct 9, 2015) –RANGE RESOURCES CORPORATION (NYSE:RRC) announced today that its third quarter 2015 financial results news release will be issued Wednesday, October 28 after the close of trading on the New York Stock Exchange. A conference call to review the financial results is scheduled on Thursday, October 29 at 9:00 a.m. ET (8:00 am CT). To
Chesapeake Energy Appoints Non-Executive Chairman
OKLAHOMA CITY, Oct. 12, 2015 /PRNewswire/ — Chesapeake Energy Corporation (CHK) announced today that R. Brad Martin has been appointed non-executive Chairman of the Company’s Board of Directors, effective immediately. As part of the transition, Archie W. Dunham will remain a director and has been named Chairman Emeritus. Dunham commented, “Chesapeake will benefit from Brad’s unique insight and extensive business experience
