Oil

Chief Industries, Inc. and Catahoula Resources Announce Agreement to Advance Carbon Capture and Sequestration in Nebraska

Friday, June 11, 2021 - 10:15pm

Chief Industries, Inc. (Chief) and Catahoula Resources (Catahoula) have entered into an agreement to jointly develop carbon capture and permanent sequestration (CCS) within Nebraska.

Key Points: 
  • Chief Industries, Inc. (Chief) and Catahoula Resources (Catahoula) have entered into an agreement to jointly develop carbon capture and permanent sequestration (CCS) within Nebraska.
  • Catahoula and Chief are currently evaluating CCS infrastructure investments that will enhance the sustainability and improve the economics of ethanol production through low-cost carbon storage within Nebraska.
  • Allowing for the geologic storage of carbon dioxide will truly benefit the citizens and industries within our state, said Chief Industries, Inc. CEO, DJ Eihusen.
  • The use of proven carbon capture infrastructure targeting nearby, low-cost storage is a compelling plan for investment in the local economies of Nebraska, said Jeff Rawls, CEO of Catahoula Resources.

Eastern Gas Transmission and Storage Commences Exchange Offers for, and Eastern Energy Gas Holdings Commences Consent Solicitations in respect of, Certain Outstanding Notes Previously Issued by Eastern Energy Gas Holdings

Friday, June 11, 2021 - 9:44pm

Eligible Holders of Existing EEGH Notes may not tender their Existing EEGH Notes without delivering a Consent with respect to such Existing EEGH Notes and such holders may not deliver a Consent without tendering the related Existing EEGH Notes in the applicable Exchange Offer.

Key Points: 
  • Eligible Holders of Existing EEGH Notes may not tender their Existing EEGH Notes without delivering a Consent with respect to such Existing EEGH Notes and such holders may not deliver a Consent without tendering the related Existing EEGH Notes in the applicable Exchange Offer.
  • A valid withdrawal of tendered Existing EEGH Notes will also constitute the revocation of the related Consent with respect to the applicable indenture governing that series of Existing EEGH Notes.
  • Consents may only be revoked by validly withdrawing the tendered Existing EEGH Notes at or prior to the Withdrawal Deadline.
  • EGTS will return to EEGH all Existing EEGH Notes which are validly tendered and accepted in the Exchange Offers (the Returned Notes), and EEGH will cancel such Returned Notes.

Murphy Oil Corporation to Participate in Upcoming Conference

Friday, June 11, 2021 - 9:30pm

Murphy Oil Corporation (NYSE: MUR) today announced that Roger W. Jenkins, President and Chief Executive Officer, will present at the virtual J.P. Morgan 2021 Energy, Power & Renewables Conference on Tuesday, June 22, 2021 at 11:10 a.m. Eastern Daylight Time (EDT).

Key Points: 
  • Murphy Oil Corporation (NYSE: MUR) today announced that Roger W. Jenkins, President and Chief Executive Officer, will present at the virtual J.P. Morgan 2021 Energy, Power & Renewables Conference on Tuesday, June 22, 2021 at 11:10 a.m. Eastern Daylight Time (EDT).
  • As an independent oil and natural gas exploration and production company, Murphy Oil Corporation believes in providing energy that empowers people by doing right always, staying with it and thinking beyond possible.
  • Murphy challenges the norm, taps into its strong legacy and uses its foresight and financial discipline to deliver inspired energy solutions.
  • The company sees a future where it is an industry leader who is positively impacting lives for the next 100 years and beyond.

Amen Properties Reports Results for First Quarter of 2021 and Announces Dividend

Friday, June 11, 2021 - 5:45pm

Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its fiscal quarter ended March 31, 2021.

Key Points: 
  • Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its fiscal quarter ended March 31, 2021.
  • These results compare to revenue of $407 thousand and net income of $(1.5) million for the same quarter last year.
  • Amen Properties owns a portfolio of cash-producing properties including real estate and oil and gas interests.
  • AMEN Properties, Inc. ("Amen", "we" or the "Company") cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information.

Insights on the Carbon Black Global Market to 2026 - by Type, Grade, Application and Region - ResearchAndMarkets.com

Friday, June 11, 2021 - 1:25pm

The "Carbon Black Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Carbon Black Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
  • The global carbon black market reached a value of US$ 18.2 Billion in 2020.
  • Looking forward, the publisher expects the global carbon black market to exhibit moderate growth during the next five years.
  • Carbon black is elemental carbon that is produced by partial combustion or decomposition of hydrocarbons such as oil and natural gas under controlled temperature and pressure.

Energy Power Partners Acquires 90-Megawatt Renewable Energy Portfolio

Friday, June 11, 2021 - 1:00pm

Energy Power Partners (EPP), a renewable energy-focused private market firm, announced today that it has completed its acquisition of LES Project Holdings, LLC (LESPH) from affiliates of Aria Energy.

Key Points: 
  • Energy Power Partners (EPP), a renewable energy-focused private market firm, announced today that it has completed its acquisition of LES Project Holdings, LLC (LESPH) from affiliates of Aria Energy.
  • With the acquisition, EPPs portfolio will expand to nearly 50 renewable assets, and the firm will rank among the largest producers of renewable electricity from landfill gas in the U.S.
  • The LESPH assets strongly fit the investment strategy that we have pursued for the past decade, and complement our current portfolio of U.S. renewable projects, said Henry Park, Managing Partner and Co-Founder of Energy Power Partners.
  • EPPs current portfolio includes biogas, solar, wind, microgrid and cogeneration facilities producing renewable electricity, renewable natural gas, and providing sustainable energy solutions.

FREYR in Negotiations for Building Battery Production Facilities in the United States

Friday, June 11, 2021 - 5:02am

FREYR AS (FREYR), the Norway-based developer of clean, next-generation battery cell production capacity, and Alussa Energy Acquisition Corp. (Alussa Energy), disclosed that FREYR is in negotiations with a major multinational industrial conglomerate (the JV Partner) to potentially develop battery production facilities in North America.

Key Points: 
  • FREYR AS (FREYR), the Norway-based developer of clean, next-generation battery cell production capacity, and Alussa Energy Acquisition Corp. (Alussa Energy), disclosed that FREYR is in negotiations with a major multinational industrial conglomerate (the JV Partner) to potentially develop battery production facilities in North America.
  • It is a natural step for FREYR to include North America in our long-term plans for expanding our production of clean, low-cost and low-carbon battery cells.
  • Daniel Barcelo, CEO, President and Director of Alussa Energy, added, Alussa Energy is proud to be merging with FREYR to potentially bring clean, next-generation battery cell production to the North American market utilizing proprietary U.S.-developed technology.
  • FREYR plans to develop up to 43 GWh of battery cell production capacity by 2025 to position the company as one of Europes largest battery cell suppliers.

Cactus Announces New Appointment to Board of Directors

Thursday, June 10, 2021 - 10:00pm

Cactus, Inc. (NYSE: WHD) (Cactus) today announced that Mr. Tym Tombar has been appointed to the Companys Board of Directors (the Board) and will serve on its audit committee and compensation committee, effective July 1, 2021.

Key Points: 
  • Cactus, Inc. (NYSE: WHD) (Cactus) today announced that Mr. Tym Tombar has been appointed to the Companys Board of Directors (the Board) and will serve on its audit committee and compensation committee, effective July 1, 2021.
  • With the addition of Mr. Tombar, the Board is now composed of nine members, including six independent directors.
  • Scott Bender, President and CEO of Cactus, stated, We are pleased to welcome Mr. Tombar as an independent director.
  • We believe the Board of Directors will greatly benefit from his expertise.

TravelCenters of America Inc. Announces Annual Meeting Results

Thursday, June 10, 2021 - 9:15pm

TravelCenters of America Inc. (Nasdaq: TA) today announced the results of its 2021 Annual Meeting of Stockholders, which was held earlier today, as follows:

Key Points: 
  • TravelCenters of America Inc. (Nasdaq: TA) today announced the results of its 2021 Annual Meeting of Stockholders, which was held earlier today, as follows:
    Barbara D. Gilmore was re-elected as an Independent Director.
  • The final tabulation of the percentage of stockholders votes cast for this Independent Director is as follows:
    Adam D. Portnoy was re-elected as Managing Director.
  • The final tabulation of the percentage of stockholders votes cast for this proposal is as follows:
    Stockholders approved an amendment to the TravelCenters of America Inc. Second Amended and Restated 2016 Equity Compensation Plan.
  • The final tabulation of the percentage of stockholders votes cast for this proposal is as follows:
    About TravelCenters of America Inc.:
    TravelCenters of America Inc. (Nasdaq: TA) is the nation's largest publicly traded full-service travel center network.

Murphy Oil Corporation Appoints Michelle A. Earley to Board of Directors

Thursday, June 10, 2021 - 9:30pm

Murphy Oil Corporation (NYSE: MUR) announced today the appointment of Michelle A. Earley to Murphys Board of Directors, effective June 10, 2021.

Key Points: 
  • Murphy Oil Corporation (NYSE: MUR) announced today the appointment of Michelle A. Earley to Murphys Board of Directors, effective June 10, 2021.
  • We are excited to welcome Ms. Earley to our Board of Directors, stated Claiborne P. Deming, Chairman of the Board for Murphy Oil Corporation.
  • Michelle brings perspectives and expertise in energy governance to Murphy.
  • As an independent oil and natural gas exploration and production company, Murphy Oil Corporation believes in providing energy that empowers people by doing right always, staying with it and thinking beyond possible.