Shell Oil Company President and U.S. Country Chair Bruce Culpepper and EVP Unconventionals Greg Guidry to step down Former Maersk CEO to take over both roles Royal Dutch Shell (ticker: RDS.A) announced changes to the very top of its U.S. leadership team. After more than 37 years of Shell service, Shell Oil Company President and U.S. Country Chair Bruce Culpepper
Move will simplify corporate architecture Tallgrass Energy GP (ticker: TEGP) is simplifying its structure, acquiring its subsidiary Tallgrass Energy Partners (ticker: TEP). TEP unitholders will receive two shares of TEGP for each TEP common unit, which is almost exactly even with yesterday’s closing prices. Upon completion of the transaction, TEGP will change its name to Tallgrass Energy, LP, and will
Pioneer Natural Resources (ticker: PXD) confirmed it has sold part of its Eagle Ford acreage today, receiving $102 million. Sundance Energy announced its purchase of Eagle Ford properties last Thursday, when the company bought a JV operated by Pioneer. Sundance paid a total of $221.5 million for 21,900 acres. For its share of the JV, which consists of 10,200 net
1.94 Bcf/d exported last year, exclusively from Cheniere’s Sabine Pass Cove Point and Sabine Pass expansion will add to exports in 2018, with Cheniere’s Corpus Christi plant and others slated to come online in 2019 After decades of exclusively importing LNG, American exports of the chilled gas are booming. According to the EIA, shipments of U.S. LNG quadrupled in 2017
Permian-concentrated oilfield service provider ProPetro Holding Corp. (ticker: PUMP) had a net income of $12.6 million, or $0.16 per share for 2017. In Q4 2017 the company had a net income of $10.1 million, or $0.12 per share. The company reported total revenues of $981.9 million for 2017 and total revenues of $313.7 million for Q4 2017. Yearend capacity grew
Getka Energy LLC, a midstream services provider, has received an initial equity commitment of $250 million from EnCap Flatrock Midstream. Getka was formed earlier this year to provide storage, blending and terminal solutions, as well as pipeline transportation and market optionality for producers across North America, in addition to domestic and international marketers. The recently formed company is led by
CenterPoint Energy, Inc. to Host Webcast of First Quarter 2018 Earnings Conference Call
Alliance Pipeline Announces New Operating Model
Hydro One and Avista file a Settlement Agreement in Washington Merger Case
BUDGET 2018-2019 – Press release no. 5 of 6 – The Québec Economic Plan – March 2018 – Increasing Everyone’s Standard of Living Through a Strong, Sustainable Economy in All Regions
Blackbird Energy Inc. (ticker: BBI) reported for the three months ended January 31, 2018, a net loss of CDN$1.71 million, or a net loss per share of $(0.00). For the six months ended January 31, 2018, the company reported a net loss of $3.4 million, or $(0.00) per share. Note: (1) See the company’s Q2 2018 financial statements and related
Just Energy Group Inc. Announces Closing of the Early Redemption of Its 5.75% Convertible Debentures Due September 2018
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