Monthly Archive: December 2015

Crude Prices Turn Positive for Final 2015 Trading Session

Crude prices ended the year on the upswing on Thursday. On the New York Mercantile Exchange, February West Texas Intermediate crude added 44 cents to settle at $37.04 a barrel. February Brent crude on the London ICE Futures Exchange gained 82 cents to …

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Houston Company Buying Producing Assets in Central Oklahoma

Lucas Energy announced Thursday it had entered an agreement with several different entities and individuals to obtain working interests in producing properties and undeveloped acreage in central Oklahoma. The deal for the Houston, Texas, company is a c…

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Enterprise Expands LPG Terminal at Houston

A big way to end 2015 for Houston-based Enterprise Products Partners L.P. It had two major announcements on Dec. 31 including an increased loading rate at its liquefied petroleum gas export terminal on the Houston Ship Channel. The rate will go from 1…

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Enterprise Expands LPG Terminal at Houston

A big way to end 2015 for Houston-based Enterprise Products Partners L.P. It had two major announcements on Dec. 31 including an increased loading rate at its liquefied petrolem gas export terminal on the Houston Ship Channel. The rate will go from 16…

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NuStar and ConocoPhillips Loading First Oil to be Exported

Seems that some of the major oil companies want to be the first to ship the first load of U.S. crude oil to foreign countries following the lifting of the export ban earlier in December.
NuStar Energy and ConocoPhillips have announced they are l…

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NuStar and ConocoPhillips Loading First Oil to be Exported

Seems that some of the major oil companies want to be the first to ship the first load of U.S. crude oil to foreign countries following the lifting of the export ban earlier in December.
NuStar Energy and ConocoPhillips have announced they are loading…

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Tulsa’s WPX Energy Unloads More Properties

Tulsa-based WPX Energy has announced it’s signed a $309 million agreement to sell its San Juan Basin gathering system in the Permian Basin of west Texas to a portfolio company of ISQ Global Infrastructure Fund, a fund managed by I Squared Capital…

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Tulsa’s WPX Energy Unloads More Properties

Tulsa-based WPX Energy has announced it’s signed a $309 million agreement to sell its San Juan Basin gathering system in the Permian Basin of west Texas to a portfolio company of ISQ Global Infrastructure Fund, a fund managed by I Squared Capital.
WPX…

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Chesapeake Finalizes Second Lien Notes

Chesapeake Energy in Oklahoma City announced New Year’s Eve the final results of its private offers to exchange new 8 percent Senior Secured Second Lien notes due 2022.
The company said that as of the end of Dec. 30, nearly $3.8 billion aggregate prin…

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Producing Electricity from a City Water Pipeline

In Portland, Oregon, the city has launched renewable energy production through the use of hydropower and a major water pipeline. Working with Lucid Energy, the Portland Water Bureau threw the switch recently and turned a city major water pipeline into …

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