OPEC Forecasts Global Oil Demand to Increase This Year and in 2013
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September 13th, 2012 by InvestorPoint
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August 15th, 2012 by InvestorPoint
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June 25th, 2012 by InvestorPoint
AUSTIN, Texas, June 25, 2012 /PRNewswire/ — FieldPoint Petroleum Corporation (NYSE/AMEX: FPP) announced today that drilling is expected to begin on the East Lusk 15 Federal #2 well in Lea County, New Mexico in July. The Company has an operating agreement with Cimarex Energy Co, (NYSE: XEC) www.cimarex.com, to drill this well that targets the Bone Spring formation. The total cost for this well is expected to be approximately $7,000,000, with net cost to FieldPoint of approximately $3,100,00…continued
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June 21st, 2012 by InvestorPoint
Enterprise Products Partners L.P. (NYSE: EPD) announced today that W. Randall Fowler, executive vice president and chief financial officer of its general partner, is scheduled to present at 3:30 p.m. PDT at the Global Hunter Securities-100 Energy Conference on Monday, June 25, 2012 in San Francisco, California. A copy of the presentation will be available the day of the event and may be obtained from the Enterprise website at www.enterpriseproducts.com under the Investors tab. Enterprise Produ…continued
EPD Pipeline Gas Energy
June 21st, 2012 by InvestorPoint
Approach Resources Inc. (NASDAQ: AREX) today announced that the Company will participate in the Global Hunter Securities Energy Conference in San Francisco, on Monday, June 25, 2012, at 12:30 p.m. PT. The presentation for the event will be available on the Investor Relations section of the Company’s website, www.approachresources.com . Additionally, the live presentation will be webcast and accessible through the Company’s website. Approach Resources Inc. is an independent oil a…continued
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June 19th, 2012 by InvestorPoint
HOUSTON, June 19, 2012 /PRNewswire/ – Far East Energy Corporation (OTCBB:FEEC) announced today that its Modification Agreement extending the exploration period of its Production Sharing Contract for the Enhong and Laochang Area in Yunnan Province has received formal approval from the Ministry of Commerce (MofCom) of the People’s Republic of China (PRC). Michael R. McElwrath, CEO and President, said, “We are delighted to have received news of MofCom’s approval of the Modific…continued
FEEC Energy oil Gas
June 12th, 2012 by InvestorPoint
Accenture (NYSE: ACN) has been selected by Wing Lung Bank, a wholly owned subsidiary of China Merchants Bank, to plan and oversee the implementation of its new core banking technology system as part of the bank’s broad business transformation program. Accenture will provide management consulting services to support Wing Lung Bank’s initiative, which is designed to enhance customer service and help drive future growth. Accenture will help the bank align its business …continued
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June 12th, 2012 by InvestorPoint
Xcel Energy Inc. (NYSE: XEL) subsidiary Southwestern Public Service Company (SPS) today announced that it closed an offering of $100.0 million in aggregate principal amount of its 4.50% first mortgage bonds due August 15, 2041 (the Bonds). The Bonds are redeemable at any time subject to certain “make whole” provisions prior to February 15, 2041. On and after this date, the Bonds are callable at par. SPS intends to use a portion of the net proceeds from the sale of the Bonds to repay …continued
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June 11th, 2012 by InvestorPoint
TULSA, Okla. and HOUSTON, June 11, 2012 /PRNewswire/ – Magellan Midstream Partners, L.P. (NYSE: MMP) and Occidental Petroleum Corporation (NYSE: OXY) announced today the launch of an open season to jointly assess customer interest to transport crude oil from Colorado City, Texas to the Houston Gulf Coast area. Interested customers must submit binding commitments by July 11, 2012. The proposed BridgeTex Pipeline will be capable of transporting approximately 278,000 barrels per day of crude oil …continued
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June 11th, 2012 by InvestorPoint
Directors Re-Elected by Substantial Margins CHICAGO, June 11, 2012 /PRNewswire/ – Veltex Corporation — OTC Markets symbol (VLXC) – Veltex Corporation (VLXC) today announced results from the Company’s 2012 Annual Meeting of Shareholders held in Chicago, Illinois on June 8, 2012 and reported that all members of its Board of Directors were re-elected by a substantial margin. The Board of Directors also announced the appointment James Jacob, of Palm Springs California, as President and C…continued
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June 8th, 2012 by InvestorPoint
Hagens Berman Sobol Shapiro LLP, reminds investors with significant losses in Chesapeake Energy Corporation (“Chesapeake”) (NYSE:CHK) who wish to move the Court to be a lead plaintiff, that the deadline for so moving is June 25, 2012. In addition, a recently filed complaint has expanded the class period to cover the losses of those who purchased stock between April 30, 2009 and May 10, 2012. Investors who purchased or otherwise acquired shares of Chesapeake common stock between April…continued
CHK Energy Gas oil
June 6th, 2012 by InvestorPoint
Accenture (NYSE: ACN) has announced the renewal of its contract, through March 31, 2013, with the Japan Pension Service to continue to provide management support to improve the accuracy of pension records. The Japan Pension Service, under the authority of the Ministry of Health, Labour and Welfare, is responsible for managing Japan’s public-sector pension system. The project, supported by Accenture, entails reconciling 1.2 billion paper records processed by the Japan Pension Service, which …continued
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June 5th, 2012 by InvestorPoint
Baltimore Entrepreneur Carries On Family Business HOUSTON, June 5, 2012 /PRNewswire/ — Jiffy Lube®, the company that pioneered the quick lube industry, announced today that is has signed its youngest franchisee to date, Miles Blauvelt, in Baltimore, Maryland. At the age of 23, Blauvelt is no stranger to Jiffy Lube, advancing through management and now, transitioning into his new role as owner of MAB Lube, LLC, a Jiffy Lube franchise. He will operate the Jiffy L…continued
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June 4th, 2012 by InvestorPoint
Consumers may never have to pay full price at the pump again by simply turning everyday purchases into potentially huge savings MIAMI and FT. LAUDERDALE, Fla., June 4, 2012 /PRNewswire/ – Imagine taking as much as one, two or even three dollars off per gallon on your next fuel purchase! For greater Miami and Ft. Lauderdale area consumers it is now possible with the new, revolutionary cents-per-gallon rewards program that Shell, the No. 1 selling gasoline brand in the U.S., and Excentus, a mark…continued
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June 1st, 2012 by InvestorPoint
MADISON HEIGHTS, Mich., June 1, 2012 /PRNewswire/ — The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced Thermo Fisher Scientific Inc. (NYSE: TMO) as its August 2012 “Stock to Study” and General Mills, Inc. (NYSE: GIS) as its August 2012 “Undervalued Stock” for investors’ informational and educational use. “The committee chose Thermo Fisher because of its strong market position in scientific instruments and reasonable valuation in light of the company’s…continued
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May 31st, 2012 by InvestorPoint
EL PASO, Texas, May 31, 2012 (GLOBE NEWSWIRE) — Western Refining, Inc. (NYSE:WNR) announced that today it made a $78.3 million prepayment on its Term Loan, bringing the total year-to-date Term Loan prepayment amount to approximately $183 million. This payment represents the remaining cash in the restricted account containing proceeds from the Company’s sale of its Yorktown refinery and an underutilized segment of pipeline in New Mexico in December 2011. The remaining Term Loan balance, net of this $7…continued
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May 31st, 2012 by InvestorPoint
LONDON, May 31, 2012 /PRNewswire/ — In conformity with the Disclosure and Transparency Rules, we hereby notify the market of the following: Royal Dutch Shell plc’s (NYSE: RDS.A)(NYSE: RDS.B) capital consists of 3,696,048,510 A shares and 2,647,117,100 B shares, each with equal voting rights. Royal Dutch Shell plc holds no ordinary shares in Treasury. The total number of A shares and B shares in issue is 6,343,165,610 and this figure may be used by shareholders as the denominator for the calcula…continued
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