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2014-08-12 16:22:44

DUBLIN, Aug. 12, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Floating Production Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" report to their offering. http://photos.prnewswire.com/prnh/20130307/600769 Floating production systems are offshore drilling equipments that are utilized for the extraction of crude oil from offshore fields. Weight and design of the floating production systems depends on the...

2014-08-12 08:21:39

DALLAS, Aug. 12, 2014 /PRNewswire/ -- Murex LLC (Murex) and Cetane Energy LLC (Cetane) agreed to capital improvements at their Cetane crude oil transloading terminal in Carlsbad, NM that will double the operational capacity of the facility. The existing unit train crude oil transloading terminal will begin implementing improvements immediately that will allow for the loading of 40,000 barrels of crude oil per day by July, 2015. Initially, Murex and Cetane installed 40,000 barrels of...

2014-08-11 08:23:55

SAN ANTONIO, Aug. 11, 2014 /PRNewswire/ -- Valero Energy Partners LP (NYSE: VLP, the Partnership), today reported second quarter 2014 net income of $12.2 million, or $0.21 per limited partner unit. The Partnership generated earnings before interest, income taxes, depreciation, and amortization (EBITDA) of $15.6 million and distributable cash flow of $15.7 million, and had a coverage ratio of 1.20 in the second quarter of 2014. Second quarter 2014 revenues were $23.7 million versus...

2014-08-08 08:22:10

Up 190,000 Barrels Per Day from June on Saudi and Libyan Output Increases LONDON, Aug. 8, 2014 /PRNewswire/ -- Platts - Oil production from the Organization of the Petroleum Exporting Countries (OPEC) climbed back above 30 million barrels per day (b/d) in July for the first time since February on the back of output boosts from Libya and Saudi Arabia, according to the latest Platts survey of OPEC and oil industry officials and analysts. July production from the 12-member oil...

2014-08-07 16:23:42

Schedules conference call for August 8, 2014 at 11:30 a.m. Eastern DALLAS, Aug. 7, 2014 /PRNewswire/ -- Alon USA Energy, Inc. (NYSE: ALJ) ("Alon") today announced results for the second quarter of 2014. Net loss available to stockholders for the second quarter of 2014 was $(7.5) million, or $(0.11) per share, compared to net income available to stockholders of $11.5 million, or $0.17 per share, for the same period last year. Excluding special items, Alon recorded net loss available...

2014-08-06 16:23:30

HOUSTON, Aug. 6, 2014 /PRNewswire/ -- Sanchez Energy Corporation (NYSE: SN) (the "Company" or "Sanchez Energy"), today announced the Company's operating and financial results for the second quarter 2014, which included the following highlights: HIGHLIGHTS FOR SECOND QUARTER 2014 -- Record revenues of $151.7 million, an increase of 157% over the same period a year ago -- Adjusted EBITDA, a non-GAAP financial measure defined below, of $112.5 million, an increase of...

2014-08-06 08:24:39

INDIANAPOLIS, Aug. 6, 2014 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," the "Company," "Calumet," "we," "our" or "us"), a leading independent producer of specialty hydrocarbon and fuel products, reported a net loss for the second quarter ended June 30, 2014 of $8.3 million, or $(0.17) per diluted unit, compared to net income of $7.8 million, or $0.05 per diluted unit, in the second quarter 2013. Second quarter 2014 results include $23.6 million...

2014-08-06 04:20:56

TSX, NYSE MKT: BXE CALGARY, Aug. 6, 2014 /PRNewswire/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT: BXE) announces its financial and operating results for the three and six months ended June 30, 2014. Forward-Looking Statements This press release, including the report to shareholders, contains forward-looking statements. Please refer to our cautionary language on forward-looking statements and the other matters set forth at the beginning of...

2014-08-05 16:24:11

HOUSTON, Aug. 5, 2014 /PRNewswire/ -- -- Reports 17 Percent Increase in Total Production, Plus 33 Percent Increase in US Crude Oil and Condensate Production Year-Over-Year -- Raises Common Stock Dividend 34 Percent, Second Increase in 2014 -- Adds Second Bone Spring Sand Crude Oil Play to Portfolio of High Return Assets -- Realizes Positive Leonard Shale Downspacing Tests -- Builds on Stellar Eagle Ford and Bakken Success EOG Resources, Inc. (NYSE:...

2014-08-04 20:20:59

MarketOptimizer.org adds "US Export Policies Adopting to Changing Crude Oil Supply Landscape" to its store. Current U.S. Crude Oil Imports, excluding Canada, has declined by 3.7MMBPD. DALLAS, Aug. 4, 2014 /PRNewswire-iReach/ -- The regulation for prohibiting crude exports in the US were enacted 1975 under the Energy Policy and Conservation Act during the height of the Oil Embargo by OPEC against the US. This law made sense as domestic production was declining and the US was the world's...


Word of the Day
mallemaroking
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.