Vantage Drilling International Announces Letter of Award for the Aquamarine Driller

HOUSTON, Jan. 17, 2018 (GLOBE NEWSWIRE) — Vantage Drilling International (“Vantage” or the “Company”), announced today that it has received a letter of award for a new 18 month contract with Carigali-PTTEPI Operating Company Sdn. Bhd. (“CPOC”) for its premium jack-up rig, the Aquamarine Driller.  Under the contract, CPOC also has four extension options of [Read More…]

Source: BOE Report

Vantage Drilling International Announces Letter of Award for the Aquamarine Driller

HOUSTON, Jan. 17, 2018 (GLOBE NEWSWIRE) — Vantage Drilling International (“Vantage” or the “Company”), announced today that it has received a letter of award for a new 18 month contract with Carigali-PTTEPI Operating Company Sdn. Bhd. (“CPOC”) for its premium jack-up rig, the Aquamarine Driller.  Under the contract, CPOC also has four extension options of [Read More…]

Source: BOE Report

As freezing temperatures continue, Piedmont Natural Gas announces $100,000 donation to Share the Warmth

CHARLOTTE, N.C., Jan. 17, 2018 /PRNewswire/ — Piedmont Natural Gas today announced a $100,000 grant to its Share the Warmth program in an effort to help low-income households in North Carolina, South Carolina and Tennessee. Piedmont’s Share the Warmth program helps neighbors in need pay their energy bills, regardless of their home’s energy source – [Read More…]

Source: BOE Report

DTE Energy earns another J.D. Power Customer Satisfaction Award – this time by its gas business customers

DETROIT, Jan. 17, 2018 /PRNewswire/ — DTE Energy is ranked “Highest in Customer Satisfaction with Business Gas Service in the Midwest,” according to J.D. Power’s 2017 Gas Utility Business Customer Satisfaction StudySM released today. DTE Gas thanked customers for recognizing its commitment to providing safe and reliable service while also offering products and programs that help [Read More…]

Source: BOE Report

Saudi Arabia Shuns UBS, BofA As Aramco IPO Coordinators

Saudi Arabia has excluded Swiss UBS, Bank of America Merrill Lynch, and Barclays from the select group of investment banks invited to pitch for the role of coordinators in the initial public offering of Aramco, five sources told Reuters. Riyadh, the sources explained, is distrustful of lenders that have not extended loans to it in the last few years, as ...

Source: Oilprice.com

CNPC Expects Robust Oil Demand Growth In China

China’s state-owned oil and gas giant CNPC has just added fuel to already strong optimism on oil markets by forecasting that crude oil demand in China will jump by 4.6 percent this year to 12 million barrels per day. In imports, the news is even better for producers: CNPC sees net crude oil imports at 7.7 percent above ...

Source: Oilprice.com

API President and CEO Jack Gerard to Depart in August

WASHINGTON, Jan. 17, 2018 /PRNewswire-USNewswire/ — After 10 years running one of Washington’s most influential associations covering all aspects of the oil and natural gas sector, API President and CEO Jack Gerard announced he will not make another long-term commitment to API and will step down when his current contract ends in August 2018.  Until [Read More…]

Source: BOE Report

Independent Research Firm Identifies GridPoint Among Leading Facility Optimization Software Vendors

Green Quadrant Facility Optimization Software Report Highlights GridPoint as an Innovator RESTON, Va.–(BUSINESS WIRE)–GridPoint, a smart building technology leader, today announced that its platform has been named among the top global facility optimization software solutions in the Green Quadrant Facility Optimization Software report by Verdantix. The findings of this report are based on 135 functionality [Read More…]

Source: BOE Report

Alternative Petroleum Technologies Ready to Deploy Lower Cost Desulfurization Technology

RENO, Nev., Jan. 17, 2018 /PRNewswire/ — Alternative Petroleum Technologies, Inc. (APT) is pleased to announce that it has completed the development of its unique, patented, cost-saving Oxidative Desulfurization (ODS) process for distillate fuels.  The ODS process uses liquids, in a low pressure and low temperature environment, to achieve distillate fuel sulfur levels less than 15 [Read More…]

Source: BOE Report

Eco-friendly buses powered by natural gas have a new advantage in bus route tenders. According to the revised Federal Law 220-FZ, which regulates, among other things, passenger traffic, natural gas-based equipment is now considered a mark of quality in passenger transport, along with such features as low-floor design, equipment for people with disabilities, air conditioning, cash-free payment systems, and electronic displays.

Eco-friendly buses powered by natural gas have a new advantage in bus route tenders. According to the revised Federal Law 220-FZ, which regulates, among other things, passenger traffic, natural gas-based equipment is now considered a mark of quality in passenger transport, along with such features as low-floor design, equipment for people with disabilities, air conditioning, cash-free payment systems, and electronic ...