Oil storage

Wolf Midstream Announces Proprietary, Integrated Energy Infrastructure System, NGL North

Wednesday, May 12, 2021 - 1:00pm

b'CALGARY, AB, May 12, 2021 /CNW/ - Wolf Midstream ("Wolf") is pleased to announce a positive final investment decision to construct, own and operate a proprietary, integrated natural gas liquids ("NGL") recovery, transportation and separation system, known as NGL North.

Key Points: 
  • b'CALGARY, AB, May 12, 2021 /CNW/ - Wolf Midstream ("Wolf") is pleased to announce a positive final investment decision to construct, own and operate a proprietary, integrated natural gas liquids ("NGL") recovery, transportation and separation system, known as NGL North.
  • "Once operational, NGL North will contribute to reducing CO2 emissions for the oil sands industry, which is consistent with Wolf\'s investment strategy to develop assets that are positioned for energy transition.
  • Wolf was formed in 2016 with an investment from CPP Investments to focus on the acquisition and development of midstream infrastructure and opportunities in Western Canada.
  • Wolf is committed to developing innovative, sustainable midstream solutions and transforming the future of carbon reduction through the development of world-scale CO2 infrastructure in both Canada and abroad.\n'

Genesis Energy, L.P. to Present at the Citi 2021 Global Energy and Utilities Virtual Conference

Tuesday, May 11, 2021 - 11:00am

b'Genesis Energy, L.P. (NYSE: GEL) announced today that it will participate in the Citi 2021 Global Energy and Utilities Virtual Conference.

Key Points: 
  • b'Genesis Energy, L.P. (NYSE: GEL) announced today that it will participate in the Citi 2021 Global Energy and Utilities Virtual Conference.
  • The conference is being held virtually on May 11th and 12th.\nThe Partnership\xe2\x80\x99s latest presentation materials are available and may be downloaded by visiting the Partnership\xe2\x80\x99s website at www.genesisenergy.com under \xe2\x80\x9cPresentations\xe2\x80\x9d under the Investors tab.\nGenesis Energy, L.P. is a diversified midstream energy master limited partnership headquartered in Houston, Texas.
  • Genesis\xe2\x80\x99 operations include offshore pipeline transportation, sodium minerals and sulfur services, onshore facilities and transportation and marine transportation.
  • Genesis\xe2\x80\x99 operations are primarily located in the Gulf Coast region of the United States, Wyoming and the Gulf of Mexico.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210511005245/en/\n'

Pembina Pipeline Corporation Reports Voting Results from 2021 Annual Meeting of Shareholders

Monday, May 10, 2021 - 10:46pm

Pembina owns an integrated system of pipelines that transport various hydrocarbon liquids and natural gas products produced primarily in western Canada.

Key Points: 
  • Pembina owns an integrated system of pipelines that transport various hydrocarbon liquids and natural gas products produced primarily in western Canada.
  • The Company also owns gas gathering and processing facilities; an oil and natural gas liquids infrastructure and logistics business; and is growing an export terminals business.
  • Pembina's integrated assets and commercial operations along the majority of the hydrocarbon value chain allow it to offer a full spectrum of midstream and marketing services to the energy sector.
  • Pembina is committed to identifying additional opportunities to connect hydrocarbon production to new demand locations through the development of infrastructure that would extend Pembina's service offering even further along the hydrocarbon value chain.

Pembina Pipeline Corporation Reports Voting Results from 2021 Annual Meeting of Shareholders

Monday, May 10, 2021 - 10:26pm

Pembina owns an integrated system of pipelines that transport various hydrocarbon liquids and natural gas products produced primarily in western Canada.

Key Points: 
  • Pembina owns an integrated system of pipelines that transport various hydrocarbon liquids and natural gas products produced primarily in western Canada.
  • The Company also owns gas gathering and processing facilities; an oil and natural gas liquids infrastructure and logistics business; and is growing an export terminals business.
  • Pembina's integrated assets and commercial operations along the majority of the hydrocarbon value chain allow it to offer a full spectrum of midstream and marketing services to the energy sector.
  • Pembina is committed to identifying additional opportunities to connect hydrocarbon production to new demand locations through the development of infrastructure that would extend Pembina's service offering even further along the hydrocarbon value chain.

Forza Petroleum Q1 2021 Financial and Operational Results

Thursday, May 6, 2021 - 11:00pm

Increased revenue and collection of overdue receivables strengthen Forza Petroleum's financial outlook

Key Points: 
  • Gross (working interest) production and sales of oil in Q1 2021 were 675,400 barrels and 673,400 barrels, respectively, versus 842,000 barrels and 842,800 barrels, respectively, for Q1 2020.
  • The average oil sales price realized in Q1 2021 was $44.44 per barrel versus $34.03 for Q1 2020.
  • Operating expenses on a per barrel basis were flat in Q1 2021 versus Q1 2020 as operating efficiencies were offset by increased carry costs.
  • The Forza Petroleum Netback achieved in Q1 2021 was $21.26 per barrel.

Hess Midstream LP to Participate in Citi Global Energy and Utilities Conference

Tuesday, May 4, 2021 - 10:16pm

b'Hess Midstream LP (NYSE: HESM) (\xe2\x80\x9cHess Midstream\xe2\x80\x9d) announced today that Jonathan Stein, Chief Financial Officer, and Jennifer Gordon, Vice President, Investor Relations, will meet with investors on May 12, 2021 at the Citi Global Energy and Utilities Conference.\nHess 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 and third-party customers.

Key Points: 
  • b'Hess Midstream LP (NYSE: HESM) (\xe2\x80\x9cHess Midstream\xe2\x80\x9d) announced today that Jonathan Stein, Chief Financial Officer, and Jennifer Gordon, Vice President, Investor Relations, will meet with investors on May 12, 2021 at the Citi Global Energy and Utilities Conference.\nHess 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 and third-party customers.
  • Hess Midstream owns oil, gas and produced water handling assets that are primarily located in the Bakken and Three Forks Shale plays in the Williston Basin area of North Dakota.
  • More information is available at www.hessmidstream.com .\nThis press release may include forward-looking statements within the meaning of the federal securities laws.
  • Hess Midstream undertakes no obligation to, and does not intend to, update these forward-looking statements to reflect events or circumstances occurring after this press release.

Altera Infrastructure Declares Distributions on Series A, B and E Preferred Units

Thursday, April 29, 2021 - 9:11pm

b'Altera Infrastructure\xe2\x80\x99s cash distributions are reported on Form 1099 for United States tax purposes.\nAltera Infrastructure is a leading global energy infrastructure services partnership primarily focused on the ownership and operation of critical infrastructure assets in offshore oil regions of the North Sea, Brazil and the East Coast of Canada.\nAltera Infrastructure has consolidated assets of approximately $4.5 billion, comprised of 50 offshore assets, including floating production, storage and offloading (FPSO) units, shuttle tankers (including one new build), floating storage and offtake (FSO) units, long-distance towing and offshore installation vessels and a unit for maintenance and safety (UMS).

Key Points: 
  • b'Altera Infrastructure\xe2\x80\x99s cash distributions are reported on Form 1099 for United States tax purposes.\nAltera Infrastructure is a leading global energy infrastructure services partnership primarily focused on the ownership and operation of critical infrastructure assets in offshore oil regions of the North Sea, Brazil and the East Coast of Canada.\nAltera Infrastructure has consolidated assets of approximately $4.5 billion, comprised of 50 offshore assets, including floating production, storage and offloading (FPSO) units, shuttle tankers (including one new build), floating storage and offtake (FSO) units, long-distance towing and offshore installation vessels and a unit for maintenance and safety (UMS).
  • The majority of Altera Infrastructure\xe2\x80\x99s fleet is employed on medium-term, stable contracts.
  • Affiliates of global asset manager Brookfield Business Partners L.P. (NYSE: BBU) (TSX: BBU.UN) own 100 percent of Altera Infrastructure\xe2\x80\x99s general partner.\nAltera Infrastructure\xe2\x80\x99s preferred units trade on the New York Stock Exchange under the symbols \xe2\x80\x9cALIN PR A\xe2\x80\x9d, \xe2\x80\x9cALIN PR B\xe2\x80\x9d and \xe2\x80\x9cALIN PR E\xe2\x80\x9d, respectively.\nFor Investor Relations enquires contact:\n'

Noble Midstream Announces Update on Anticipated Timing of Merger Closing and Quarterly Distribution

Thursday, April 29, 2021 - 10:00pm

Noble Midstream currently provides crude oil, natural gas, and water-related midstream services and owns equity interests in oil pipelines in the DJ Basin in Colorado and the Delaware Basin in Texas.

Key Points: 
  • Noble Midstream currently provides crude oil, natural gas, and water-related midstream services and owns equity interests in oil pipelines in the DJ Basin in Colorado and the Delaware Basin in Texas.
  • Noble Midstream strives to be the midstream provider and partner of choice for its safe operations, reliability, and strong relationships while enhancing value for all stakeholders.
  • For more information, please visit www.nblmidstream.com .\nThis news release contains certain \xe2\x80\x9cforward-looking statements\xe2\x80\x9d within the meaning of federal securities law.
  • A definitive information statement has been mailed to securityholders of Noble Midstream.

EPIC Midstream Holdings Announces New Executive Leadership

Wednesday, April 28, 2021 - 12:00pm

b'EPIC Midstream Holdings, LP (\xe2\x80\x9cEPIC\xe2\x80\x9d or \xe2\x80\x9cthe Company\xe2\x80\x9d) today announced George Millas has joined EPIC as the Chief Commercial Officer effective April 19, 2021.

Key Points: 
  • b'EPIC Midstream Holdings, LP (\xe2\x80\x9cEPIC\xe2\x80\x9d or \xe2\x80\x9cthe Company\xe2\x80\x9d) today announced George Millas has joined EPIC as the Chief Commercial Officer effective April 19, 2021.
  • He will report to Brian Freed, the Company\xe2\x80\x99s Chief Executive Officer.\n\xe2\x80\x9cI am pleased to welcome George to the leadership team of EPIC,\xe2\x80\x9d said Mr.
  • Millas\xe2\x80\x99 career has spanned across all aspects of commercial, trading and business development activities for midstream companies.
  • EPIC operates the EPIC Crude Oil Pipeline and the EPIC NGL Pipeline that span approximately 700-miles servicing the Delaware, Midland and Eagle Ford Basins.

Oasis Midstream Partners Schedules First Quarter 2021 Conference Call for May 6, 2021

Friday, April 23, 2021 - 11:00pm

b"A recording of the conference call will be available beginning at 1:30 p.m. Central Time on the day of the call and will be available until Thursday, May 13, 2021 by dialing:\nAdditionally, Oasis Petroleum and Oasis Midstream Partners plan to participate in the following energy conferences and investor events:\nOasis 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: 
  • b"A recording of the conference call will be available beginning at 1:30 p.m. Central Time on the day of the call and will be available until Thursday, May 13, 2021 by dialing:\nAdditionally, Oasis Petroleum and Oasis Midstream Partners plan to participate in the following energy conferences and investor events:\nOasis 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 .\n"