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PORTLAND, Ore., Sept. 29, 2020 /PRNewswire/ -- Western Star today introduced the all-new 49X, its next-generation vocational truck built from the ground up to meet the needs of the most demanding applications. Underpinned by a stronger, lighter chassis and equipped with an all-new X-series cab, the 49X delivers maximum versatility in a purpose-built package. The all-new Detroit DT12 Vocational series of transmissions and industry-leading Detroit Assurance suite of safety systems offer proven innovation for best-in-class safety, improved productivity and maximum uptime.
Idaho’s vision to build a viable oil industry and a natural gas business tied to the nation’s third largest dairy industry have been waylaid by low prices and limited infrastructure, clouding the vision for the future.
The report is one of the first detailed looks into the economic fallout induced by the pandemic, which sparred few industries.
DALLAS, Sept. 28, 2020 /PRNewswire/ -- Nexus Cognitive Government Solutions (Nexus Cognitive) announced that it was awarded a 5-year Indefinite Delivery, Indefinite Quantity (IDIQ) contract to evaluate 2-D seismic reflection field data for The Department of the Interior (DOI), Bureau of Safety and Environmental Enforcement (BSEE), on behalf of the Bureau of Ocean Energy Management (BOEM).
NEW YORK, Sept. 28, 2020 /PRNewswire/ -- It was announced on Friday that global superstar Jennifer Lopez and baseball legend turned businessman Alex Rodriguez have become minority owners in Kitu Life, Inc., the makers of Super Coffee, which is now valued at over $240 million. Their partnership with Super Coffee is an important joint investment for Lopez and Rodriguez.
TOMS RIVER, N.J., Sept. 28, 2020 /PRNewswire/ -- Specialty Vehicle Engineering, Inc. (formerly SLP) is pleased to announce the availability of the all-new, outrageously fast, 2021 YENKO/SC® Stage II Camaro, powered by a custom built 1050HP 416 C.I.D. (6.8L) supercharged LT-1-based engine. Only 50 of these Limited Edition YENKO/SC® Stage II cars will be built, and will be based off the Camaro 1SS or 2SS with the 1LE option to include all of the great performance features the 1LE offers, to properly balance the awesome power of the 6.8L supercharged engine. Features like Magnetic Ride Control, Electronic Limited-Slip Differential, Performance-Tuned suspension with unique bushings, springs and stabilizer bars, and heavy-duty cooling system including engine oil cooler, dual outboard radiators, transmission cooler and rear differential cooler. The functional 1LE rear spoiler keeps the rear end firmly planted at speed. The 1LE content also features Recaro Performance Seats that keep you planted in position. Each of these 50 vehicles will be numbered, and include a Manufacturer's Certificate of Origin.
(The Center Square) – An oil and gas lease sale on federal lands located in five Colorado counties totaled more than $1.6 million, federal land managers announced this week.Â
FINDLAY, Ohio, Sept. 25, 2020 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will host a conference call with analysts on Monday, Nov. 2, 2020, at 9:30 a.m. EST to discuss 2020 third-quarter financial results, which will be released earlier that day, and to provide an update on company operations.
The federal government only offered eight parcels of land in Wyoming this month — an unusually meager selection — after it deferred hundreds of parcels caused by ongoing conflicts with wildlife habitat.
KNOXVILLE, Tenn., Sept. 24, 2020 /PRNewswire/ -- TN Fireplace & Chimney, East Tennessee's leading chimney care company and a proud supporter of Tennessee football, is speaking out on fall fireplace safety ahead of the National Fire Protection Association's National Fire Prevention Week, which will be held Oct. 4-10.
(The Center Square) – California Gov. Gavin Newsom on Wednesday signed an executive order calling for a ban on the sale of new gasoline-powered vehicles starting in 2035.
HOUSTON, Sept. 23, 2020 /PRNewswire/ -- Texas-based energy company Max Midstream announced the acquisition of the Seahawk Pipeline and Terminal from Oaktree Capital at the Port of Calhoun ("the Port") with plans for a historic pipeline that will connect the Port directly to both Eagle Ford and Permian Basins to transport up to 20 million barrels a month to a revitalized terminal at the Port. Exports will begin with completion of the first phase in late 2020, and the second phase project is expected to be completed by 2023.
HOUSTON, Sept. 23, 2020 /PRNewswire/ -- Nearly four weeks after Hurricane Laura made a direct hit on Lake Charles, La., the region continues working toward a full recovery. CITGO, also, continues making critical repairs at its Lake Charles refinery while power is gradually being restored to the area.
(The Center Square) – Coastal lawsuits solely aimed at oil and gas companies in Louisiana do more to harm the state's and the nation’s oil supply and economy at the expense of taxpayers, thousands of lost jobs, and other long-lasting effects, two coastal parish presidents and other members of the Grow Louisiana Coalition contend.
DALLAS, Sept. 18, 2020 /PRNewswire/ -- Simmons Bank, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.012354 per unit, payable on October 15, 2020, to unit holders of record on September 30, 2020.
HOUSTON, Sept. 18, 2020 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ: OAS) ("Oasis Petroleum" or the "Company") today announced that the Company elected to enter into a 30-day grace period and defer making the interest payments due September 15, 2020 on its 6.875% Senior Unsecured Notes due 2022 and 2.625% Senior Unsecured Convertible Notes due 2023 while it continues ongoing constructive discussions with its lenders and a group of ad hoc noteholders on a comprehensive financial restructuring to strengthen Oasis Petroleum's balance sheet and financial position.
HOUSTON, Sept. 16, 2020 /PRNewswire/ -- Marathon Oil Corporation (NYSE:MRO) announced today that it has commenced a cash tender offer for up to an aggregate principal amount of $500,000,000 (the "Aggregate Maximum Tender Amount") of its outstanding $1,000,000,000 aggregate principal amount of 2.800% Senior Notes due 2022 (the "Notes"), on the terms and subject to the conditions set forth in the Offer to Purchase, dated the date hereof (as the same may be amended or supplemented, the "Offer to Purchase"). The tender offer is referred to herein as the "Offer."
ARLINGTON, Texas, Sept. 16, 2020 /PRNewswire/ -- U.S. Energy Development Corporation (U.S. Energy), an exploration & production (E&P) firm which provides direct investments in energy, announces the firm has acquired an interest in a horizontal well development project in Loving County which is located in West Texas.
CHICAGO, Sept. 15, 2020 /PRNewswire/ -- We heard you want to try our new Spicy Chicken McNuggets when they hit restaurants nationwide later this week. Are you ready to add even more heat to your order? Or, maybe you aren't entirely sure that spice is for you but you want to try anyway? Either way, we've got you covered.
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BOSTON, Sept. 14, 2020 /PRNewswire/ -- As wildfires and severe weather continue to impact the western United States, Blue Cross Blue Shield of Massachusetts (Blue Cross), Inc. continues to expedite access to critical health benefits for affected members as more states declare or expand states of emergencies.
SEATTLE, Sept. 14, 2020 /PRNewswire/ -- Kelley Connect continued its expansion today by announcing it has purchased the Montana-based business with offices in Bozeman, Billings, Missoula, and Kalispell.
BOULDER, Colo., Sept. 9, 2020 /PRNewswire/ -- Just six months after preliminary design review, Ball Aerospace successfully completed critical design review (CDR) of the MethaneSAT flight system and advanced spectrometer instrument that will be integrated onto a 350-kilogram satellite for MethaneSAT, LLC, a subsidiary of the non-profit Environmental Defense Fund (EDF). The completion of CDR enables Ball to proceed into part fabrication and assembly.
(The Center Square) – President Donald Trump announced Tuesday a decade-long moratorium on oil drilling off the coasts of South Carolina, Georgia and Florida.
HOUSTON, Sept. 3, 2020 /PRNewswire/ -- Independence Contract Drilling, Inc. (the "Company" or "ICD") (NYSE: ICD) provided the following interim operational and financial updates for the third quarter of 2020:
(The Center Square) – A massive southwest Florida development proposal is among 50 projects nationwide targeted for expedited federal permitting under an executive order issued by President Donald Trump.
HOUSTON, Sept. 3, 2020 /PRNewswire/ -- Houston American Energy Corp. (NYSE American: HUSA) today provided an update on recent activities on its U.S. Permian Basin acreage.
LOS ANGELES, Sept. 2, 2020 /PRNewswire/ -- As COVID-19 cases shattered California daily records in the second quarter of 2020, oil regulators under Gov. Newsom also shattered records for dispensing new oil and gas production well drilling permits, Consumer Watchdog and FracTracker Alliance said today.
AUBURN HILLS, Mich., Sept. 2, 2020 /PRNewswire/ --
NEW YORK, Sept. 2, 2020 /PRNewswire/ --
Executive Summary
The Global Petroleum Refining Products was valued at USD 6746.37 Million in the year 2019 and has volume of 98272 thousand barrels/day in the same year. The growth in refining capacity is mainly driven by the demand of petro-products in a region and runs parallel with the growth of human and vehicle population. A population of around 8.1 billion and more than 100 million vehicles on roads are expected by 2025.
Read the full report: https://www.reportlinker.com/p05955402/?utm_source=PRN
Capacity expansion of existing refineries and setting-up of brown-field and green-field petroleum refineries are projected to be key factors boosting the demand for refined petroleum products market during the forecast period.
Increasing investment toward the refurbishment, upgradation and expansion of existing refinery facilities will propel the oil refining market growth. For instance, in April 2018, Saudi Aramco announced an investment of USD 44 billion to construct integrated refinery and petrochemical complex in India. Rising concern to reduce the dependency on import of petroleum product will further escalate the industry share.
Asia Pacific holds the major Petroleum Refining Products share and is expected to remain the major consuming region during the forecast period, with upcoming refinery projects in China and India.
Scope of the Report
-- The report analyses the Petroleum Refining Products by Refining Product (Ethane & LPG, Gasoline, Diesel/Gasoil, Jet/Kerosene, Naphtha, Fuel Oil, Others).
-- The report assesses the Petroleum Refining Products by End-User (Transportation, Others).
-- The Global Petroleum Refining Products has been analysed By Region (North America, Europe, Asia Pacific, LAMEA) and By Country (United States, Canada, Germany, United Kingdom, France, Italy, Russia, China, Japan, India).
-- The attractiveness of the market has been presented by region, Refining Product, and End-User. Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
-- The companies analysed in the report include Royal Dutch Shell, Chevron Corporation, BP Plc., Exxon Mobil, SK Innovation, Total SA, China National Petroleum Corporation, S-Oil, and ConocoPhillips.
-- The report presents the analysis of Petroleum Refining Products for the historical period 2015-2019 and the forecast period of 2020-2025.
Key Target Audience
-- Petroleum Refiners
-- Consulting and Advisory Firms
-- Government and Policy Makers
-- Investment Banks and Equity Firms
-- Regulatory Authorities
Read the full report: https://www.reportlinker.com/p05955402/?utm_source=PRN
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AUSTIN, Texas, Sept. 2, 2020 /PRNewswire/ -- MineralAnswers.com, a new knowledge platform on a mission to be the go-to resource - the Google - for energy information, launched its software-as-a-service for mineral owners, industry professionals and businesses to easily access regulatory oil and gas data. MineralAnswers.com is the first in the industry to make this nationwide energy data available for free.
HOUSTON, Aug. 31, 2020 /PRNewswire/ -- Bluware Corp, the digital innovation platform that enables the oil and gas industry to accelerate digital transformation initiatives using deep learning, is pleased to announce the deployment of Pickasso(TM) proprietary deep learning technology, a custom version of Bluware InteractivAI(TM), in Royal Dutch Shell PLC (NYSE: RDS.A). Bluware's technology will help Shell to improve quality and speed of seismic interpretation workflows.
HOUSTON, Aug. 28, 2020 /PRNewswire/ -- Weatherford International plc (OTC Pink: WFTLF) (collectively with certain of its subsidiaries, "Weatherford" or the "Company") today announced that it has refinanced its senior secured asset-based lending agreement (the "ABL Credit Agreement") through the issuance of $500 million of senior secured first lien notes (the "Senior Secured Notes"). The Company also amended and increased the size of its senior secured letter of credit agreement (the "LC Credit Agreement") to $215 million.
DALLAS, Aug. 28, 2020 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) reported today that storm-related impacts from Hurricane Laura on EnLink's assets, finances and operations are not expected to be significant, and, most importantly all employees are safe and accounted for.
HOUSTON, Aug. 28, 2020 /PRNewswire/ -- CITGO is proud to announce that Freedom Oil, a longstanding marketing partner, recently completed two successful fundraising drives for charitable organizations in the greater Warsaw area.
DALLAS, Aug. 27, 2020 /PRNewswire/ -- Montare Resources I, LLC, a Texas limited liability company ("Montare") announced today that it entered into an agreement with Avalon Energy LLC, a Texas limited liability company ("Avalon Energy") and its affiliates regarding Avalon Energy's ownership of 13,125,000 Common Units ("Units") of Sandridge Permian Trust (NYSE: PER) (the "Trust"), 100% of the working interests underlying the overriding royalty interests owned by the Trust and all other related assets used in connection with operating the underlying properties related thereto. Avalon Energy has agreed, subject to the satisfaction of certain conditions, to contribute all of its Units and its other Trust related assets to Montare and has granted Montare an irrevocable proxy to vote its Units. Avalon has also granted exclusivity to Montare with respect to any transaction involving Avalon and/or the Trust, and has agreed to support Montare's acquisition of the Trust (either by merger, acquisition of assets, acquisition of the remaining Units not owned by Avalon or otherwise) and not to take any action that is detrimental to or hinders Montare's ability to consummate an acquisition of the Trust.
MOORESVILLE, N.C., Aug. 26, 2020 /PRNewswire/ -- The No. 38 Front Row Motorsports (FRM) Ford Mustang, driven by Rookie-of-the-Year Contender John Hunter Nemechek, will run a special paint scheme for the NASCAR throwback weekend at Darlington Raceway, paying tribute to 2017 Xfinity Series regular season champion Elliott Sadler. Nemechek will race a scheme similar to the No. 21 CITGO(®) Ford Taurus that Sadler raced during his own rookie season with Wood Brothers Racing in 1999 and again in 2000.
VIRGINIA BEACH, Va., Aug. 25, 2020 /PRNewswire/ -- Southern Company Gas has appointed Senior Vice President of Customer Operations, Safety and Technical Training Robert Duvall to succeed Virginia Natural Gas (VNG) President Jim Kibler, effective Sept. 4. Kibler, who announced plans to retire, will remain with the company for the rest of the year to support the leadership transition and serve as special advisor to Southern Company Gas' External Affairs department, working with the company's Washington, D.C. office.
New Castrol® Study Reveals 'Tipping Points' To Drive Mainstream Electric Vehicle Adoption In The US
WAYNE, N.J., Aug. 25, 2020 /PRNewswire/ -- A major new study released by Castrol draws on the views of consumers, fleet managers and automotive industry leaders from across the US to reveal the factors driving electric vehicle (EV) buying decisions.
DENVER, Aug. 24, 2020 /PRNewswire/ -- Antero Resources Corporation (NYSE: AR) ("Antero" or the "Company") today announced that as of 5:00 p.m., New York City time, on August 24, 2020 (the "Dutch Auction Early Tender Deadline"), $88,389,000 aggregate principal amount of the Company's 5.125% Senior Notes due 2022 (the "2022 Notes") and $95,661,000 aggregate principal amount of the Company's 5.625% Senior Notes due 2023 (the "2023 Notes" and, together with the 2022 Notes, the "Dutch Auction Notes") had been tendered and not withdrawn prior to the Dutch Auction Early Tender Deadline, in accordance with the previously announced cash tender offers for the Dutch Auction Notes (the "Dutch Auction Offers") on the terms and subject to the conditions set forth in the Offer to Purchase, dated as of August 11, 2020 (as it may be amended and supplemented from time to time, the "Offer to Purchase"). The Company intends to accept for purchase all such notes (the "Accepted Notes") and to make payment for Accepted Notes on August 25, 2020.
NATCHEZ, Miss., Aug. 24, 2020 /PRNewswire/ -- KFG Resources Ltd. ("KFG" or the "Company") announces that, pursuant to the exemption provided in BC Instrument 51-517 - Temporary Exemption from Certain Corporate Finance Requirements with Deadlines during the Period from June 2 to August 31, 2020 and the equivalent substantively harmonized temporary exemption in Alberta (together, the "Filing Relief"), it will postpone the filing of its (i) annual financial statements and accompanying management's discussion and analysis for the year ended April 30, 2020, required to be filed pursuant to sections 4.2 and 5.1(2) of National Instrument 51-102 - Continuous Disclosure Obligations, and (ii) reserves data and other oil and gas information, required to be filed pursuant to section 2.1 of National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities (collectively, the "Annual Filings").
NATCHEZ, Miss., Aug. 24, 2020 /CNW/ -- KFG Resources Ltd. ("KFG" or the "Company") announces that, pursuant to the exemption provided in BC Instrument 51-517 - Temporary Exemption from Certain Corporate Finance Requirements with Deadlines during the Period from June 2 to August 31, 2020 and the equivalent substantively harmonized temporary exemption in Alberta (together, the "Filing Relief"), it will postpone the filing of its (i) annual financial statements and accompanying management's discussion and analysis for the year ended April 30, 2020, required to be filed pursuant to sections 4.2 and 5.1(2) of National Instrument 51-102 - Continuous Disclosure Obligations, and (ii) reserves data and other oil and gas information, required to be filed pursuant to section 2.1 of National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities (collectively, the "Annual Filings").
HOUSTON, Aug. 24, 2020 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that its Board of Directors has appointed James Johnston to serve as Executive Vice President, General Counsel and Chief Compliance Officer of Summit Midstream Partners, LP, effective September 4, 2020. Mr. Johnston joins Summit Midstream Partners from Crestwood Equity Partners, where he most recently served as Senior Vice President and General Counsel.
RESTON, Va., Aug. 24, 2020 /PRNewswire/ -- A Bechtel-led team has been selected to enter negotiations to design, engineer, and build the U.S. Versatile Test Reactor - a first-of-a-kind facility at the Idaho National Laboratory that will test components and fuels for U.S. advanced nuclear reactor designs.
DALLAS, Aug. 21, 2020 /PRNewswire/ -- Simmons Bank, as Trustee of the Hugoton Royalty Trust (OTCQB:HGTXU) (the "Trust"), today declared there would not be a cash distribution to the holders of its units of beneficial interest for August 2020 due to the excess cost positions on all three of the Trust's conveyances of net profits interests. The following table shows underlying gas sales and average prices attributable to the net overriding royalty for both the current month and prior month. Underlying gas sales volumes attributable to the current month were primarily produced in June.
DALLAS, Aug. 21, 2020 /PRNewswire/ -- Simmons Bank, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.008863 per unit, payable on September 15, 2020, to unit holders of record on August 31, 2020.
DALLAS, Aug. 21, 2020 /PRNewswire/ -- Marine Petroleum Trust (NASDAQ: MARPS) ("Marine") today declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.044516 per unit, payable on September 28, 2020, to unitholders of record on August 31, 2020. Marine's 2019 tax information, cash distribution history, current and prior year financial reports, a link to filings made with the Securities and Exchange Commission and more can be found on its website at http://www.marps-marine.com/. Additionally, printed reports can be requested and are mailed free of charge.
DALLAS, Aug. 21, 2020 /PRNewswire/ -- Simmons Bank, as Trustee of the Cross Timbers Royalty Trust (NYSE: CRT), today declared a cash distribution to the holders of its units of beneficial interest of $0.037954 per unit, payable on September 15, 2020, to unitholders of record on August 31, 2020. The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions.
OZONA, Texas, Aug. 20, 2020 /PRNewswire/ -- While working with a reputable geoscientist in the Permian Basin since 2018, Barron Petroleum and its CEO Manjit (Roger) Sahota have a reason to celebrate after coming across their biggest oil & gas discovery to date. According to the geoscientist, William J. Purves, "the 13,000-acre field in Val Verde County is estimated to hold 417 billion cubic feet, or 74.2 million barrels in oil & gas reserves."
(The Center Square) – The six-year battle in Minnesota over Enbridge’s 1960’s-era Line 3 pipeline will continue.
(The Center Square) – With the Texas oil and gas industry facing unprecedented disruption due to the COVID-19 pandemic and a foreign production war, industry experts have called for bold leadership as the sector charts its economic recovery.
DOVER, Del., Aug. 17, 2020 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or the "Company") today announced that it has established an at-the-market equity offering program (the "ATM Program") under which it may, from time to time, sell shares of its common stock having an aggregate sales price of up to $75,000,000 (the "Shares").
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