Petroleum

CrossAmerica Partners LP Maintains Quarterly Distribution

Retrieved on: 
Thursday, October 21, 2021

ALLENTOWN, PA (October 21, 2021) CrossAmerica Partners LP (NYSE: CAPL) announced today that the Board of Directors of its general partner has approved a quarterly distribution of $0.5250 per unit attributable to the third quarter of 2021 (annualized $2.10 per unit).

Key Points: 
  • ALLENTOWN, PA (October 21, 2021) CrossAmerica Partners LP (NYSE: CAPL) announced today that the Board of Directors of its general partner has approved a quarterly distribution of $0.5250 per unit attributable to the third quarter of 2021 (annualized $2.10 per unit).
  • CrossAmerica Partners is a leading wholesale distributor of motor fuels, convenience store operator, and owner and lessor of real estate used in the retail distribution of motor fuels.Its general partner, CrossAmerica GP LLC, is indirectly owned and controlled by entities affiliated with Joseph V. Topper, Jr., the founder of CrossAmerica Partners and a member of the board of the general partner since 2012.
  • Formed in 2012, CrossAmerica Partners LP is a distributor of branded and unbranded petroleum for motor vehicles in the United States and distributes fuel to approximately 1,800 locations and owns or leases approximately 1,200 sites.
  • Accordingly, CrossAmerica Partners LPs distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate.

Oasis Midstream Partners Schedules Third Quarter 2021 Conference Call for November 4, 2021

Retrieved on: 
Thursday, October 21, 2021

Oasis Midstream Partners LP is a premier gathering and processing master limited partnership formed by its sponsor, Oasis Petroleum Inc. to own, develop, operate and acquire a diversified portfolio of midstream assets in North America that are integral to the crude oil and natural gas operations of Oasis Petroleum Inc. and are strategically positioned to capture volumes from other producers.

Key Points: 
  • Oasis Midstream Partners LP is a premier gathering and processing master limited partnership formed by its sponsor, Oasis Petroleum Inc. to own, develop, operate and acquire a diversified portfolio of midstream assets in North America that are integral to the crude oil and natural gas operations of Oasis Petroleum Inc. and are strategically positioned to capture volumes from other producers.
  • For more information, please visit the Partnership's website at www.oasismidstream.com .

Oasis Petroleum Inc. Completes Strategic Acquisition of Williston Basin Assets, Announces Redetermination of Its Borrowing Base, and Schedules Third Quarter 2021 Conference Call

Retrieved on: 
Thursday, October 21, 2021

All statements, other than statements of historical facts, included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements.

Key Points: 
  • All statements, other than statements of historical facts, included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements.
  • These statements are based on certain assumptions made by the Company based on management's experience and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate.
  • Oasis Petroleum Inc. is an independent exploration and production company with quality and sustainable long-lived assets in the Williston Basin.
  • For more information, please visit the Company's website at www.oasispetroleum.com .

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Announces Drop Down Transaction

Retrieved on: 
Thursday, October 21, 2021

MIDLAND, Texas, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (Rattler), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (Diamondback), today announced that Rattler Midstream Operating LLC entered into a definitive purchase agreement to acquire certain water midstream assets from subsidiaries of Diamondback for $160 million in cash in a drop down transaction.

Key Points: 
  • MIDLAND, Texas, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (Rattler), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (Diamondback), today announced that Rattler Midstream Operating LLC entered into a definitive purchase agreement to acquire certain water midstream assets from subsidiaries of Diamondback for $160 million in cash in a drop down transaction.
  • Additionally, Rattler and Diamondback have mutually agreed to amend commercial agreements covering the produced water gathering and disposal and sourced water gathering services between Rattler and Diamondback to add certain Diamondback leasehold acreage to the Rattler dedication.
  • Rattler intends to fund the transaction, expected to close in the fourth quarter of 2021, through cash on hand and borrowings under its revolving credit facility.
  • Rattler Midstream LP is a Delaware limited partnership formed by Diamondback Energy to own, operate, develop and acquire midstream and energy-related infrastructure assets.

Impartner Ranks No. 1 in Partner Management Automation In New Report from Analyst Firm Research in Action

Retrieved on: 
Thursday, October 21, 2021

SALT LAKE CITY, Oct. 21, 2021 /PRNewswire/ -- Impartner, the global pure-play leader in SaaS-based channel management technology, was named the No. 1 global winner on Research In Action's Vendor Selection Matrix for Partner Management Automation (PMA), which brings together Partner Relationship Management (PRM) and Through Channel Marketing Automation (TCMA). In the new report, Impartner scores highest for the breadth and depth of its solution offering, price/value ratio and customer satisfaction. Additionally, Impartner is recognized for its "single-pane-of-glass" vision for managing the entire partner journey, and for its developer team, which is larger than most vendors' entire headcount, ensuring that the pace of new solutions development to the market is unmatched.

Key Points: 
  • 1 global winner on Research In Action's Vendor Selection Matrix for Partner Management Automation (PMA) , which brings together Partner Relationship Management (PRM) and Through Channel Marketing Automation (TCMA).
  • In the new report, Impartner scores highest for the breadth and depth of its solution offering, price/value ratio and customer satisfaction.
  • Impartner is global leader for Partner Management Automation - automates total partner journey for every partner type.
  • Impartner is the overall global leader for Partner Management Automation tools and automates the total partner journey for every type of partner."

Couchbase Announces Winners of 2021 Couchbase Community Customer and Partner Awards

Retrieved on: 
Thursday, October 21, 2021

SANTA CLARA, Calif., Oct. 21, 2021 /PRNewswire/ --From ConnectONLINE 2021 , Couchbase, Inc. (NASDAQ: BASE), provider of a leading modern database for enterprise applications, announced the winners of its second annual Couchbase Community Customer and Partner Awards.

Key Points: 
  • SANTA CLARA, Calif., Oct. 21, 2021 /PRNewswire/ --From ConnectONLINE 2021 , Couchbase, Inc. (NASDAQ: BASE), provider of a leading modern database for enterprise applications, announced the winners of its second annual Couchbase Community Customer and Partner Awards.
  • On behalf of Couchbase, we congratulate this year's winners for their dedication to improving the customer experience and we look forward to seeing how they continue to innovate with Couchbase in 2022 and beyond."
  • ISV Partner of the Year:
    A partner for over 7 years, DigitalRoute developed their solution on Couchbase and have successfully deployed it in multiple telcos globally.
  • Couchbase, the Couchbase logo, and the names and marks associated with Couchbase's products are trademarks of Couchbase, Inc. All other trademarks are the property of their respective owners.

Oil Sands Pathways alliance outlines three-phase plan to achieve goal of net zero emissions

Retrieved on: 
Thursday, October 21, 2021

CALGARY, AB, Oct. 21, 2021 /PRNewswire/ - The Oil Sands Pathways to Net Zero initiative, an alliance between Canada's five largest oil sands producers, has announced additional details of its plan to achieve the goal of net zero greenhouse gas (GHG) emissions from oil sands operations.

Key Points: 
  • CALGARY, AB, Oct. 21, 2021 /PRNewswire/ - The Oil Sands Pathways to Net Zero initiative, an alliance between Canada's five largest oil sands producers, has announced additional details of its plan to achieve the goal of net zero greenhouse gas (GHG) emissions from oil sands operations.
  • Pathways alliance members, who operate facilities accounting for 90% of Canadian oil sands output, are working collectively with the federal and Alberta governments, with a goal to achieve net zero (neutral) emissions from oil sands operations by 2050 to help Canada meet its climate goals, including its Paris Agreement commitments and 2050 net zero aspirations.
  • Because there is no single solution to achieving net zero emissions from oil sands operations, the initiative will employ several parallel pathways and technologies.
  • The Oil Sands Pathways to Net Zero initiative consists of Canadian Natural, Cenovus Energy, Imperial, MEG Energy and Suncor Energy.

Shell Midstream Partners, L.P. Declares Distribution of $0.30 Per Limited Partner Common Unit

Retrieved on: 
Thursday, October 21, 2021

Shell Midstream Partners, L.P. (NYSE: SHLX) (the Partnership) announces that the Board of Directors of its general partner declared a cash distribution of $0.30 per limited partner common unit for the third quarter of 2021.

Key Points: 
  • Shell Midstream Partners, L.P. (NYSE: SHLX) (the Partnership) announces that the Board of Directors of its general partner declared a cash distribution of $0.30 per limited partner common unit for the third quarter of 2021.
  • Shell Midstream Partners, L.P., headquartered in Houston, Texas, owns, operates, develops and acquires pipelines and other midstream and logistics assets.
  • For more information on Shell Midstream Partners, L.P. and the assets owned by the Partnership, please visit www.shellmidstreampartners.com.
  • Shell Investor Relations North America: +1 832 337 2837
    * SHELL and the SHELL Pecten are registered trademarks of Shell Trademark Management, B.V. used under license.

Empire Petroleum Announces Appointment of Phil Mulacek and Ben Marchive II as New Directors

Retrieved on: 
Thursday, October 21, 2021

Empire Petroleum Corporation (Empire) (OTCQB:EMPR) is pleased to announce that its Board of Directors has unanimously voted to appoint Phil Mulacek and Ben Marchive as members of the companys Board of Directors effective immediately.

Key Points: 
  • Empire Petroleum Corporation (Empire) (OTCQB:EMPR) is pleased to announce that its Board of Directors has unanimously voted to appoint Phil Mulacek and Ben Marchive as members of the companys Board of Directors effective immediately.
  • Phil Mulacek has a proven track record of over 35 years in global oil and gas and LNG development.
  • Phil Mulacek states, I am proud to join my fellow Empire directors, as my first Board seat in over 8 years.
  • Ben Marchive II states, I am proud to join the board of Empire with its strong leadership team and opportunities to create superior shareholder value.

Cree Lighting Reimagines High-Bay Lighting with Innovative New VuePoint™ Series

Retrieved on: 
Thursday, October 21, 2021

Cree Lighting today announced its innovative, all new VuePoint Series high-bay luminaire is now available to transform high-ceiling environments everywhere.

Key Points: 
  • Cree Lighting today announced its innovative, all new VuePoint Series high-bay luminaire is now available to transform high-ceiling environments everywhere.
  • View the full release here: https://www.businesswire.com/news/home/20211021005360/en/
    Cree Lighting VuePoint Series High-Bay Luminaire (Photo: Business Wire)
    The VuePoint Series transcends the tradeoff between visual comfort and lumens per watt (LPW) by delivering exceptional uniformity.
  • To satisfy the most demanding customers wish list, we applied our deep LED lighting know-how to engineer the new VuePoint Series from the ground up, said Tom Hinds, Cree Lighting Director of Warehouse Lighting.
  • The VuePoint Series is the latest example of how Cree Lighting delivers meaningful innovation for what customers need most, Hinds said.