Petroleum industry

Peloton Collaborates with Texas A&M University to Teach Data Management & Analytics to Future Petroleum Engineers

Retrieved on: 
Wednesday, October 19, 2022

This initiative is part of Peloton's mission to empower future petroleum engineers and other key players in the industry.

Key Points: 
  • This initiative is part of Peloton's mission to empower future petroleum engineers and other key players in the industry.
  • Peloton aims to shape the future generation of petroleum engineers through utilization of industry-leading software.
  • Starting in Fall 2022, Peloton began providing four hours of educational content about the role of data management and analytics in the petroleum industry for better decision-making.
  • Peloton is also a Capstone Project Sponsor for Interdisciplinary Data Analytics Practicum (STAT 483) instructed by Professor Sutanoy Dasgupta.

Business English Language Training Market Research Report by Technavio predicts USD 8.24 Bn growth | APAC to have a significant share

Retrieved on: 
Friday, May 27, 2022

APAC to have a significant share in the business English language training market.

Key Points: 
  • APAC to have a significant share in the business English language training market.
  • By learning methods, the blended learning segment will contribute significantly toward the growth of the global business English language training market.
  • Enquire about the report before purchasing
    The business English language training market is expected to witness substantial growth during the forecast period, primarily due to the high demand for vocational English training.
  • Coursera Inc.:The company offers various online courses on business English language training such as business English for non-native speakers specialization, business English, and others.

DarkPulse, Inc Signs JV Agreement with Egyptian Infrastructure Construction and Engineering Firm

Retrieved on: 
Tuesday, March 8, 2022

NEW YORK, March 08, 2022 (GLOBE NEWSWIRE) -- DarkPulse, Inc. (OTC Markets: DPLS) (“DarkPulse” or the “Company”), a technology company focused on laser sensing systems based on its patented BOTDA dark-pulse sensor technology (the “DarkPulse Technology”) which provides a data stream of critical metrics for assessing the health and security of infrastructure, today announced it has signed a Joint Venture Agreement with Cairo based Egyptian Electrical & Mechanical Works Co. The agreement in sum and substance describes the creation of a jointly owned Egyptian corporation with revenue split between the two partner organizations as well as an exclusive right for DarkPulse’s BOTDA systems to be utilized in projects throughout Egypt. The agreement also brings additional capabilities to DarkPulse including infrastructure project management, engineering and installation capabilities for Middle East and North Africa.

Key Points: 
  • The agreement also brings additional capabilities to DarkPulse including infrastructure project management, engineering and installation capabilities for Middle East and North Africa.
  • Together, both companies believe a new generation of fiber sensors will change the design, concept and implementation methods of future cities.
  • DarkPulse & EEMW plan to deliver solutions in real estate development, infrastructure, utility management, and building information management systems coupled with new innovations based on distributed sensing fiber systems.
  • These major projects rival cities such as Dubai and the planned NEOM project, said Dennis OLeary, Chairman and CEO of DarkPulse.

The National Lubricant Container Recycling Coalition Welcomes New Associate Member Petroleum Packaging Council

Retrieved on: 
Tuesday, February 15, 2022

BRADENTON, Fla., Feb. 15, 2022 /PRNewswire/ -- The National Lubricant Container Recycling Coalition (NLCRC) welcomes new associate member Petroleum Packaging Council.

Key Points: 
  • BRADENTON, Fla., Feb. 15, 2022 /PRNewswire/ -- The National Lubricant Container Recycling Coalition (NLCRC) welcomes new associate member Petroleum Packaging Council.
  • The National Lubricant Container Recycling Coalition (NLCRC) is an industry-led technical coalition, established by a committed group of industry leaders in lubricant and plastic packaging manufacturing, focused on establishing solutions for post-consumer recovery and recycling of plastic lubricant containers.
  • Joining members Castrol, Valvoline, Pennzoil - Quaker State, Graham Packaging, Plastipak Packaging, and Berry Global, the Petroleum Packaging Council will contribute to the NLCRC's vision of building a sustainable future for the recycling of plastic lubricant containers.
  • The National Lubricant Container Recycling Coalition or "NLCRC" is an industry-led technical coalition, established in 2021 by a committed consortium of lubricant manufacturers and associated plastic packaging manufacturers, focused on establishing solutions for post-consumer recovery and recycling of plastic lubricant containers.

STEP Energy Services Ltd. Extends and Amends Its Credit Facilities

Retrieved on: 
Tuesday, August 3, 2021

CALGARY, Alberta, Aug. 03, 2021 (GLOBE NEWSWIRE) -- STEP Energy Services Ltd. (STEP) is pleased to announce that it has entered into an agreement with its lenders to both extend and amend its credit facilities.

Key Points: 
  • CALGARY, Alberta, Aug. 03, 2021 (GLOBE NEWSWIRE) -- STEP Energy Services Ltd. (STEP) is pleased to announce that it has entered into an agreement with its lenders to both extend and amend its credit facilities.
  • The maturity date of STEPs credit facilities has been extended by 13 months, from June 25, 2022 to July 30, 2023.
  • Certain statements contained in this Press Release constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws (collectively, forward-looking statements).
  • STEP is an oilfield service company that provides stand-alone and fully integrated fracturing, coiled tubing and wireline solutions.

Global and China Needle Coke Industry Report, 2021-2026 Featuring 7 International Companies & 15 Chinese Companies - ResearchAndMarkets.com

Retrieved on: 
Tuesday, August 3, 2021

In 2020, China's annual oil-based needle coke capacity jumped 102% year-on-year to 690kt, and the coal-based needle coke capacity rose 23% year-on-year to 800kt.

Key Points: 
  • In 2020, China's annual oil-based needle coke capacity jumped 102% year-on-year to 690kt, and the coal-based needle coke capacity rose 23% year-on-year to 800kt.
  • China's needle coke production has just developed rapidly in the past 10 years, with the designed capacity of more than 600kt/a on the completed needle coke production equipment.
  • Global and China Needle Coke Industry Report, 2021-2026 highlights the following:
    Global needle coke supply and demand, technology, competitive landscape, etc.
  • of 7 global and 15 Chinese needle coke companies.

SBM Offshore signed the Letter of Intent for FPSO Alexandre de Gusmão lease and operate contracts

Retrieved on: 
Tuesday, August 3, 2021

SBM Offshore is pleased to announce that it has signed with Petrleo Brasileiro S.A. (Petrobras) the Letter of Intent for a 22.5 years lease and operate contracts of FPSO Alexandre de Gusmo.

Key Points: 
  • SBM Offshore is pleased to announce that it has signed with Petrleo Brasileiro S.A. (Petrobras) the Letter of Intent for a 22.5 years lease and operate contracts of FPSO Alexandre de Gusmo.
  • SBM Offshore will design and construct the FPSO Alexandre de Gusmo using its industry leading Fast4Ward program as it incorporates the Companys new build Multi-Purpose Floater (MPF) hull combined with several standardized topsides modules.
  • The FPSO will be designed to produce 180,000 barrels of oil per day and treat 12 million standard cubic meters of gas per day.
  • The signing of this Letter of Intent is the second major project award this year by our key client Petrobras.

Hess Midstream Operations LP Announces Pricing of Private Offering of Senior Notes Due 2030

Retrieved on: 
Tuesday, August 3, 2021

Hess Midstream Operations LP (the Issuer), a consolidated subsidiary of Hess Midstream LP (NYSE: HESM) (HESM and, together with the Issuer, Hess Midstream), today announced that it has priced $750 million in aggregate principal amount of 4.250% senior unsecured notes due 2030 (the Notes) at par in a private offering.

Key Points: 
  • Hess Midstream Operations LP (the Issuer), a consolidated subsidiary of Hess Midstream LP (NYSE: HESM) (HESM and, together with the Issuer, Hess Midstream), today announced that it has priced $750 million in aggregate principal amount of 4.250% senior unsecured notes due 2030 (the Notes) at par in a private offering.
  • Hess Midstream intends to use the net proceeds from the offering to finance the previously announced repurchase by the Issuer of approximately 31 million Class B units from affiliates of Hess Corporation and Global Infrastructure Partners.
  • The private offering of the Notes is expected to close on August 5, 2021, subject to the satisfaction of customary closing conditions.
  • Hess Midstream is a fee-based, growth-oriented, midstream company that owns, operates, develops and acquires a diverse set of midstream assets to provide services to Hess Corporation and third-party customers.

Hess Midstream Operations LP Announces Private Offering of Senior Notes Due 2030

Retrieved on: 
Monday, August 2, 2021

Hess Midstream Operations LP (the Issuer), a consolidated subsidiary of Hess Midstream LP (NYSE: HESM) (HESM and, together with the Issuer, Hess Midstream), today announced that it intends to offer $750 million in aggregate principal amount of senior unsecured notes due 2030 (the Notes) in a private offering.

Key Points: 
  • Hess Midstream Operations LP (the Issuer), a consolidated subsidiary of Hess Midstream LP (NYSE: HESM) (HESM and, together with the Issuer, Hess Midstream), today announced that it intends to offer $750 million in aggregate principal amount of senior unsecured notes due 2030 (the Notes) in a private offering.
  • Hess Midstream intends to use the net proceeds from the offering to finance the previously announced repurchase by the Issuer of approximately 31 million Class B units from affiliates of Hess Corporation and Global Infrastructure Partners.
  • The Notes are being sold only to qualified institutional buyers in the United States pursuant to Rule 144A and outside the United States to non-U.S.
  • Hess Midstream is a fee-based, growth-oriented, midstream company that owns, operates, develops and acquires a diverse set of midstream assets to provide services to Hess Corporation and third-party customers.

NuStar Energy L.P. Announces Sale of Eight Terminal Locations to Sunoco LP

Retrieved on: 
Monday, August 2, 2021

NuStar Energy L.P. (NYSE: NS) announced today that it has entered into an agreement to sell its storage terminals in the Northeast and one terminal in Florida to Sunoco LP for $250 million.

Key Points: 
  • NuStar Energy L.P. (NYSE: NS) announced today that it has entered into an agreement to sell its storage terminals in the Northeast and one terminal in Florida to Sunoco LP for $250 million.
  • There are eight terminal locations included in the sale: Andrews AFB in Washington, D.C.; Baltimore, MD; Blue Island, IL; Jacksonville, FL; Linden, NJ; Paulsboro, NJ; Piney Point, MD; and Virginia Beach, VA.
  • Sunoco LP has assets in NY Harbor and in the Southeast U.S. that should provide such synergistic opportunities to ensure the continued success of these facilities and employees.
  • NuStar Energy L.P., a publicly traded master limited partnership based in San Antonio, is one of the largest independent liquids terminal and pipeline operators in the nation.