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All about oil industry

All news and actualities about oil and gas exploitation, deposit exploration, prospection, drilling, extraction, distribution and refining.

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1 february 2018

16:30
Indigo Natural Resources LLC ("Indigo") priced the previously announced private offering (the "Notes Offering") of $650 million of senior unsecured notes due 2026 (the "2026 Notes"). The 2026 Notes will mature on February 15, 2026 and will pay...

16:20
Callon Petroleum Company ("Callon" or the "Company") today announced an operational update and 2018 capital expenditure budget, including an associated drilling activity and production forecast. Fourth quarter 2017 production of approximately...

16:15
Covanta Holding Corporation ("Covanta" or the "Company") will host a conference call at 8:30 AM (Eastern) on Friday, February 23, 2018 to discuss its fourth quarter and full year results. A press release reporting...

16:15
Maxwell Technologies, Inc. announced today that it plans to release financial and operational results for the fourth quarter 2017 after market close on Thursday, February 15, 2018. Following the release, Maxwell management will host a conference...

16:10
Algonquin Power & Utilities Corp. ("APUC") today announced plans to release 2017 fourth quarter and year-end financial results on Thursday, March 1, 2018 after market close.  APUC will hold an earnings conference call at 10:00 a.m. eastern time on...

14:50
The US Department of Energy's Argonne National Laboratory and the sustainable energy NGO Energy Vision today released two case studies of successful projects that were among the first to produce Renewable Compressed Natural Gas (R-CNG) vehicle fuel...

14:47
Duke Energy today outlined its proposal to pass along savings from the new federal tax law to its North Carolina customers in ways that will lower bills in the near term and help offset increases in the future. Duke...

13:21
Clock Spring Company, Inc. (Clock Spring), the world's leading manufacturer of permanent and temporary composite pipeline and pipe work repair solutions, today announced the acquisition of Citadel Technologies (Citadel) of Tulsa, OK, a prominent...

12:51
The Illinois Commerce Commission (ICC) has voted 5-0 to give Nicor Gas a $137.1 million rate hike. We are pleased that Nicor did not get the $208.5 million that it originally requested, but we believe the company was granted an exorbitant profit rate...

12:35
E.ON announced today the successful tax equity financing of its 305.8 MW Radford's Run wind farm in Macon County, Illinois. Allianz Renewable Energy Partners of America and Bank of America Merrill Lynch provided tax...

10:00
Economic activity in the manufacturing sector expanded in January, and the overall economy grew for the 105th...

09:17
Petróleos Mexicanos ("PEMEX") announces that it has commenced an offering (the "New Money Offer") of U.S.-dollar denominated global notes in one or more series (the "New Money Notes"), subject to market and other conditions, and a series of liability...

09:00
Based on its recent analysis of the on-site lubricating oil analysis equipment industry, Frost & Sullivan recognizes Spectro Scientific with the 2018 Global Customer Value Leadership Award for its Spectro FieldLab 58. It is a rugged, portable...

09:00
Westin Hotel - Kelly Craft, Ambassador of the United States to Canada, will join her counterpart David MacNaughton, Ambassador of Canada to the United States, on stage in Ottawa on Monday, February 5 for a discussion of bilateral issues in energy...

08:45
Parks Associates announced today that executives from ChargePoint, Itron, Meritage Homes, Southern Company, and Vivint Solar will be the keynote speakers at the ninth-annual Smart Energy Summit: Engaging the Consumer, February 19-21 in Austin, Texas....

08:30
Magellan Midstream Partners, L.P. today reported net income of $237.9 million for fourth quarter 2017 compared to $213.3 million for fourth quarter 2016.  Distributable cash flow (DCF), a non-generally accepted accounting principles (non-GAAP)...

08:30
Hemisphere Energy Corporation ("Hemisphere" or the "Company") is pleased to announce an increase to its term loan and subsequent development plans for the first quarter of 2018. Term Loan Hemisphere has amended its credit agreement with its...

08:05
- Vertex Resource Group Ltd. ("Vertex") is pleased to announce that it has acquired the business of HMA Land Services ("HMA"). The expertise of the HMA team will further strengthen Vertex's professional land consulting practice, with particular focus...

08:00
California's new utility rates undercut the value of rooftop solar. To help customers combat this dynamic, JLM Energy has deployed more than 2,000 Phazr MicroStorage units and is successfully managing residential time-of-use charges for customers in...

08:00
Bloom Energy today announced the selection of its 8,350kW (8.35MW) Bloom Energy Server, an innovative and clean electricity generation system, by South Korea's Korea South-East Power Corporation ("KOEN") in an open bid for the Bundang combined...

07:30
The global high temperature gaskets market features a largely fragmented and thus intensely competitive vendor landscape, according to a recent report by Transparency Market Research. While manufacturing techniques have changed over the years for...

07:10
Reported record fourth-quarter net income of $238 million and adjusted EBITDA of $569 million; reported record full-year net income of $794 million and adjusted EBITDA of $2 billion Reported fourth-quarter net cash from operating activities of $569...

07:01
Oceaneering International, Inc. ("Oceaneering") announced it will report financial results for the fourth quarter and full year 2017 on Thursday, February 22, 2018, after the close of trading on the New York Stock Exchange.  The earnings release...

07:00
Spire Inc. today reported operating results for its fiscal 2018 first quarter ended December 31, 2017. Highlights include: GAAP earnings were $2.39 per diluted share, or $1.19 per share on a net economic earnings* basis, excluding the largely...

07:00
A study released today reveals that the U.S. lead battery industry enables more than 95,000 jobs for American workers and contributed more than $28 billion in total economic output to the national economy in 2016. This release comes on the heels of...

07:00
LJUNGSTRÖM and SEALEZE announce a strategic global agreement providing exclusive access of SEALEZE brush strip technology to LJUNGSTRÖM for incorporation into their air preheater sealing products. This collaboration between the two world leaders, in...

06:57
AMETEK, Inc. today announced that it has completed two acquisitions; FMH Aerospace, a leading provider of complex, highly-engineered solutions for the aerospace, defense and space industries and Arizona Instrument, a provider of differentiated,...

06:56
AMETEK, Inc. today announced its Board of Directors has approved a 56% increase in its quarterly cash dividend on common stock to $0.14 per share from $0.09 per share.  The dividend is payable on March 29, 2018 to shareholders of record as of...

06:55
AMETEK, Inc. today announced its financial results for the three month and full year periods ended December 31, 2017, delivering record levels of sales, operating income, net income, diluted earnings per share and cash flow for both the fourth...

06:35
Marathon Petroleum Corp. today reported 2017 fourth-quarter earnings of $2.02 billion, or $4.09 per diluted share, compared with $227 million, or $0.43 per diluted share, in the fourth quarter of 2016. Earnings were $3.43 billion, or $6.70 per...