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2014-03-10 12:22:50

PITTSBURGH, March 10, 2014 /PRNewswire-USNewswire/ -- The United Steelworkers (USW) said today that it opposes export of U.S. crude oil because it would cost jobs at U.S. refineries, raise prices at the gas pump, decrease national security and increase environmental degradation. http://photos.prnewswire.com/prnvar/20080131/DC12982LOGO "Lifting the ban would benefit oil companies that engage in oil exploration and production, but it would harm their refining operations that have to...

2014-03-07 12:22:12

SAN ANTONIO, March 7, 2014 /PRNewswire/ -- Valero Energy Partners LP (NYSE: VLP, the Partnership), a growth-oriented, master limited partnership formed by Valero Energy Corporation, today reported fourth quarter 2013 net income of $12.1 million. For the period from the initial public offering (IPO) that closed on December 16, 2013, through December 31, 2013, net income was $2.0 million, or $0.03 per common unit. During this same period, the Partnership generated earnings before...

2014-03-06 08:24:04

CALGARY, March 6, 2014 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX: TOG) is pleased to announce its financial and operating results for the three month periods and years ending December 31, 2013 and 2012, and to provide its 2013 year-end reserves information as evaluated by Sproule Associates Limited ("Sproule"). The associated Management's Discussion and Analysis ("MD&A") dated March 5, 2014 and audited financial statements as at and for the year ended...

2014-03-04 20:20:46

Schedules conference call for March 7, 2014 at 10:00 a.m. Eastern DALLAS, March 4, 2014 /PRNewswire/ -- Alon USA Partners, LP (NYSE: ALDW) ("Alon Partners") today announced results for the quarter and year ended December 31, 2013. Net income for the fourth quarter of 2013 was $13.5 million compared to $113.2 million for the same period last year. Net income for the year ended December 31, 2013 was $136.2 million compared to $381.9 million for the same period last year. Paul Eisman,...

2014-03-04 08:25:09

Testing Confirms Reservoir Qualities and Fluid Characteristics CALGARY, March 4, 2014 /CNW/ - Oryx Petroleum Corporation Limited ("Oryx Petroleum" or the "Corporation") today announced that the testing of the E-1 exploration well targeting the Elephant prospect in the Haute Mer A license area in Congo (Brazzaville) confirmed the discovery of natural gas and crude oil previously announced in September 2013. Oryx Petroleum has a 20% participating and working interest in the Haute...

2014-03-03 04:21:16

CALGARY, March 3, 2014 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX, NYSE: VET) is pleased to report operating and audited financial results for the fourth quarter and year ended December 31, 2013. HIGHLIGHTS -- We achieved record average annual production of 41,005 boe/d during 2013, an increase of 8% as compared to 37,803 boe/d in 2012. Approximately 75% of our year-over-year production...

2014-02-26 16:23:33

New facilities and expansions drive strong results and future growth CALGARY, Feb. 26, 2014 /PRNewswire/ - All financial figures are in Canadian dollars unless noted otherwise. This report contains forward-looking statements and information that are based on Pembina Pipeline Corporation's ("Pembina" or the "Company") current expectations, estimates, projections and assumptions in light of its experience and its perception of historic trends. Actual results may differ materially...

2014-02-20 08:24:39

-- Full year 2013 net income of $590.4 million SUGAR LAND, Texas, Feb. 20, 2014 /PRNewswire/ -- CVR Refining, LP (NYSE: CVRR), a refiner and marketer of petroleum fuels, today announced net income of $590.4 million on net sales of $8,683.5 million for the full year 2013, compared to net income of $595.3 million on net sales of $8,281.7 million for full year 2012. Adjusted EBITDA for full year 2013 was $712.0 million compared to adjusted EBITDA, a non-GAAP financial measure, of...

2014-02-20 08:24:25

- 2013 cumulative cash dividends of $1.3 billion or $15 per share SUGAR LAND, Texas, Feb. 20, 2014 /PRNewswire/ -- CVR Energy, Inc. (NYSE: CVI) today announced full year 2013 net income of $370.7 million, or $4.27 per diluted share, on net sales of $8,985.8 million, compared to net income for the full year 2012 of $378.6 million, or $4.33 per diluted share, on net sales of $8,567.3 million. Full year 2013 adjusted EBITDA was $659.7 million compared to full year 2012 adjusted...

2014-02-19 08:22:56

INDIANAPOLIS, Feb. 19, 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 fourth quarter ended December 31, 2013 of $15.5 million, or $(0.27) per diluted unit, compared to net income of $45.7 million, or $0.73 per diluted unit for the same quarter in 2012. Fourth quarter 2013 results include $2.8...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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