Oil companies

Braven Environmental Executes Long-Term Pyrolysis-Derived Feedstock Supply Agreement with Chevron Phillips Chemical

Retrieved on: 
Thursday, June 17, 2021

ZEBULON, N.C., June 17, 2021 (GLOBE NEWSWIRE) -- Braven Environmental (Braven), a pioneering technology provider in the advanced plastics recycling sector, announced today it has entered into a long-term agreement with Chevron Phillips Chemical (CPChem) to supply its pyrolysis-derived feedstock, Braven PyChem.

Key Points: 
  • ZEBULON, N.C., June 17, 2021 (GLOBE NEWSWIRE) -- Braven Environmental (Braven), a pioneering technology provider in the advanced plastics recycling sector, announced today it has entered into a long-term agreement with Chevron Phillips Chemical (CPChem) to supply its pyrolysis-derived feedstock, Braven PyChem.
  • Through its support of a circular plastics economy, Braven Environmental is leading the development of an economical approach to solving the global waste plastic crisis.
  • Chevron Phillips Chemical is equally owned indirectly by Chevron U.S.A. Inc. and Phillips 66 Company, and is headquartered in The Woodlands, Texas.
  • Chevron Phillips Chemical or CPChem may refer to one or more Chevron Phillips Chemicals subsidiaries or affiliates or to all of them taken as a whole.

Northern Oil and Gas, Inc. Announces Core Permian Basin Bolt-On Acquisitions

Retrieved on: 
Wednesday, June 16, 2021

Northern has recorded a conference call discussing the acquisitions.

Key Points: 
  • Northern has recorded a conference call discussing the acquisitions.
  • Northern Oil and Gas, Inc. is a company with a primary strategy of investing in non-operated minority working and mineral interests in oil & gas properties, with a core area of focus in the premier basins within the United States.
  • More information about Northern Oil and Gas, Inc. can be found at www.northernoil.com .
  • Northern does not undertake any duty to update or revise any forward-looking statements, except as may be required by the federal securities laws.

ConocoPhillips to Host Market Update June 30

Retrieved on: 
Tuesday, June 15, 2021

ConocoPhillips (NYSE: COP) will host a virtual market update on Wednesday, June 30 beginning at 9:00 a.m. Central time.

Key Points: 
  • ConocoPhillips (NYSE: COP) will host a virtual market update on Wednesday, June 30 beginning at 9:00 a.m. Central time.
  • The meeting will feature presentations by ConocoPhillips executives, including Chairman and Chief Executive Officer Ryan Lance.
  • A live webcast of the meeting will be made available on the ConocoPhillips Investor Relations website, www.conocophillips.com/investor .
  • Unless legally required, ConocoPhillips expressly disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Presenting strategy to accelerate Equinor’s transition

Retrieved on: 
Tuesday, June 15, 2021

Today, Equinor ASA (OSE:EQNR, NYSE:EQNR) presents its strategy to accelerate the companys transition while growing cash flow and returns.

Key Points: 
  • Today, Equinor ASA (OSE:EQNR, NYSE:EQNR) presents its strategy to accelerate the companys transition while growing cash flow and returns.
  • Key highlights from the strategy update:
    Accelerating the transition and setting an ambition to reach a 40% reduction in net carbon intensity by 2035, on the way towards net zero by 2050.
  • Our strategy is backed up by clear actions to accelerate our transition while growing cash flow and returns.
  • This is a strategy to create value as a leader in the energy transition, says Anders Opedal, president and CEO of Equinor.

Chevron Launches Chevron xpress lube® Image Program for Qualifying U.S. Fast Lube Owners

Retrieved on: 
Thursday, June 10, 2021

SAN RAMON, Calif., June 10, 2021 /PRNewswire/ -- Chevron Products Company, a division of Chevron U.S.A. Inc., announced the official rollout of the company's new Chevron xpress lube program for qualifying U.S. fast lube owners and investor prospects.

Key Points: 
  • SAN RAMON, Calif., June 10, 2021 /PRNewswire/ -- Chevron Products Company, a division of Chevron U.S.A. Inc., announced the official rollout of the company's new Chevron xpress lube program for qualifying U.S. fast lube owners and investor prospects.
  • With the inaugural Chevron xpress lube location now operating in Fountain Hills, AZ and another impressive facility in Meridian, ID, Chevron anticipates strong interest in its new image program.
  • Complementing Chevron's heritage Havoline xpress lube brand, the Chevron xpress lube brand identity offers qualifying prospects the opportunity to leverage one of the most established, trusted brands in America, regarded for premium quality products and attracting loyal, discerning consumers.
  • All xpress lube locations are independently owned and operated under a brand sales and license agreement with owners retaining operating flexibility without traditional franchise or royalty fees.

Enbridge Expands Natural Gas Access to Ontario Communities

Retrieved on: 
Thursday, June 10, 2021

CALGARY, AB, June 9, 2021 /PRNewswire/ -Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) announced today that in collaboration with the Government of Ontario it is expanding natural gas access to rural, northern and Indigenous communities in Ontario, Canada.

Key Points: 
  • CALGARY, AB, June 9, 2021 /PRNewswire/ -Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) announced today that in collaboration with the Government of Ontario it is expanding natural gas access to rural, northern and Indigenous communities in Ontario, Canada.
  • Enbridge will access Ontario's Natural Gas Expansion Program to support 27 projects to expand natural gas access across the province, helping to keep the cost of energy low for families, businesses and farmers.
  • "We're excited that Enbridge is bringing much-needed natural gas service to additional communities while supporting jobs and providing energy savings to residents and businesses," said Cynthia Hansen, Enbridge Executive Vice-President and President of Enbridge Gas Distribution and Storage.
  • As a leader in the energy transition, Enbridge is committed to continuing its work to lower the emission intensity of the natural gas it transports through investment in renewable natural gas and hydrogen.

Aker Solutions Secures Subsea Services Framework Agreement With Petrobras

Retrieved on: 
Wednesday, June 9, 2021

OSLO, Norway, June 9, 2021 /PRNewswire/ -- Aker Solutions was awarded a large1framework agreement from Petrobras to provide subsea lifecycle services for Petrobras-operated oil and gas fields offshore Brazil.

Key Points: 
  • OSLO, Norway, June 9, 2021 /PRNewswire/ -- Aker Solutions was awarded a large1framework agreement from Petrobras to provide subsea lifecycle services for Petrobras-operated oil and gas fields offshore Brazil.
  • The scope of the agreement covers the full range of subsea lifecycle services for several Petrobras-operated fields offshore Brazil.
  • The framework agreement is effective from June 2021 and will be managed from Aker Solutions' service base in Rio das Ostras in Rio de Janeiro.
  • Aker Solutions' subsea lifecycle services ensure that customers maintain safe operations and provide increased reliability, improved production and lower costs.

DGAP-News: BP p.l.c.: Director/PDMR Shareholding

Retrieved on: 
Wednesday, June 2, 2021

BP p.l.c.

Key Points: 
  • BP p.l.c.
  • (the "Company") announces that, on 1 June 2021, conditional performance share awards (the "Awards") were made under the bp Executive Directors' Incentive Plan (the "Plan").
  • The Remuneration Committee (the "Committee") has made these Awards at 500% of base salary for the chief executive officer and 450% for the chief financial officer, in line with the Policy.
  • In calculating the number of bp shares over which these Awards have been made, the Committee has applied the average price of bp shares over the 90 calendar days up to and including the annual general meeting that was held on 12 May 2021.

Energy Transfer LP Announces Pricing of Series H Preferred Unit Offering

Retrieved on: 
Wednesday, June 2, 2021

The offering may be made only by means of a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

Key Points: 
  • The offering may be made only by means of a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
  • The offering will be made pursuant to an effective shelf registration statement and prospectus previously filed by ET with the SEC.
  • Energy Transfer LP owns and operates one of the largest and most diversified portfolios of energy assets in the United States.
  • Energy Transfer LP also owns Lake Charles LNG Company, as well as limited partner interests and the general partner interests of publicly traded master limited partnerships Sunoco LP (NYSE: SUN) and USA Compression Partners, LP (NYSE: USAC).

Advisory: Chevron to Webcast CEO Presentation at Bernstein Strategic Decisions Conference

Retrieved on: 
Tuesday, June 1, 2021

Michael Wirth, chairman and CEO of Chevron Corporation (NYSE: CVX), will take part in the Bernstein Strategic Decisions Conference on Wednesday, June 2, 2021, at 3:30 PM EDT, discussing corporate strategy and the companys approach to achieving higher returns and lower carbon.

Key Points: 
  • Michael Wirth, chairman and CEO of Chevron Corporation (NYSE: CVX), will take part in the Bernstein Strategic Decisions Conference on Wednesday, June 2, 2021, at 3:30 PM EDT, discussing corporate strategy and the companys approach to achieving higher returns and lower carbon.
  • Please visit www.chevron.com/investors to view a webcast of the conversation and Q&A session.
  • Chevron is one of the worlds leading integrated energy companies.
  • Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry.