Global Oilwell Spacer Fluids Market 2019-2023| 6% CAGR Projection over the Next Five Years | Technavio

LONDON--(BUSINESS WIRE)-- The global oilwell spacer fluids market is expected to post a CAGR of over 6% during the period 2019-2023, according to the latest market research report

Full ArticleMon Jun 24, 2019 7:30am EST

Black Ridge Acquisition Corp. Announces Intention to Adjourn Special Meeting of Stockholders Relating to Proposed Business Combination to July 8, 2019

MINNEAPOLIS--(BUSINESS WIRE)-- Black Ridge Acquisition Corp. (NASDAQ: BRAC), a public acquisition vehicle (“Black Ridge”), today announced that it intends to adjourn its Special Me

Full ArticleMon Jun 24, 2019 7:00am EST


Commodity Market | Trending Ideas & Opinions Stream

Baker Hughes, a GE company and C3.ai Announce Joint Venture to Deliver AI Solutions Across the Oil and Gas Industry

HOUSTON & REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Baker Hughes, a GE company (NYSE:BHGE) and C3.ai today announced a joint venture agreement that brings together BHGE’s fullstream

Full ArticleMon Jun 24, 2019 7:00am EST

Parkland Announces US$500 Million Offering of Senior Unsecured Notes

CALGARY, Alberta, June 24, 2019 (GLOBE NEWSWIRE) -- Parkland Fuel Corporation ("Parkland", "we", the "Company", or "our") (TSX:PKI), announced today that, subject to market conditions, it plans to commence a private offering of US$500 million aggregate principal amount of senior unsecured notes due 2027 (the “Offering”).

Full ArticleMon Jun 24, 2019 6:34am EST

CIRCOR Issues Open Letter to Shareholders and Provides Investor Presentation Highlighting Path to Significant Value Creation

BURLINGTON, Mass.--(BUSINESS WIRE)-- CIRCOR International, Inc. (NYSE: CIR) (“CIRCOR”) today issued an open letter to shareholders and posted an investor presentation on its websit

Full ArticleMon Jun 24, 2019 6:01am EST

Alliance Resource Partners, L.P. Announces Agreement to Acquire Permian Basin Oil and Gas Mineral Interests

TULSA, Okla.--(BUSINESS WIRE)-- Alliance Resource Partners, L.P. (NASDAQ: ARLP) today announced that it has entered into a definitive agreement to acquire oil and gas mineral inter

Full ArticleMon Jun 24, 2019 6:00am EST

RigNet Announces Settlement of Inmarsat Arbitration

HOUSTON, June 24, 2019 (GLOBE NEWSWIRE) -- RigNet, Inc. (NASDAQ: RNET, “RigNet” or “the Company”), the leading provider of intelligent networking solutions and specialized applications, today announced that it has reached a settlement with Inmarsat Global Limited (“Inmarsat”) that concludes the GX Arbitration pending before the International Centre for Dispute Resolution.  Pursuant to the settlement, RigNet will pay Inmarsat $45 million immediately, $5 million in the third quarter of 2019, and $750,000 in the third quarter of 2020.

Full ArticleMon Jun 24, 2019 6:00am EST

GasLog Ltd. and GasLog Partners LP Announce Agreement to Eliminate Incentive Distribution Rights

Monaco, June 24, 2019 (GLOBE NEWSWIRE) -- GasLog Ltd. (“GasLog”, the “General Partner”, or the “GP”) (NYSE: GLOG) and GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP) announced today an agreement to eliminate the GP’s incentive distribution rights (“IDRs”) in exchange for newly issued limited partner (“LP”) units. In exchange for the IDRs, GasLog will receive 2,532,911 common units and 2,490,000 Class B units. The transaction is expected to close on June 30, 2019.

Full ArticleMon Jun 24, 2019 6:00am EST

GasLog Ltd. and GasLog Partners LP Announce Agreement to Eliminate Incentive Distribution Rights

Monaco, June 24, 2019 (GLOBE NEWSWIRE) -- GasLog Ltd. (“GasLog”, the “General Partner”, or the “GP”) (NYSE: GLOG) and GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP) announced today an agreement to eliminate the GP’s incentive distribution rights (“IDRs”) in exchange for newly issued limited partner (“LP”) units. In exchange for the IDRs, GasLog will receive 2,532,911 common units and 2,490,000 Class B units. The transaction is expected to close on June 30, 2019.

Full ArticleMon Jun 24, 2019 6:00am EST

Amplify Energy Announces Release of $90 Million of Unencumbered Cash from Beta Decommissioning Trust Account

HOUSTON, June 24, 2019 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (OTCQX: AMPY) announced today the release of $90 million from the Beta Decommissioning Trust account.  Following the release, Beta’s decommissioning obligations remain fully supported by A-rated surety bonds.  

Full ArticleMon Jun 24, 2019 6:00am EST