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PBF Energy Announces Pricing of $1.0 Billion of Senior Secured Notes due 2025
PARSIPPANY, N.J., May 7, 2020 /PRNewswire/ — PBF Energy Inc. (NYSE:PBF) (“PBF Energy”) today announced that its indirect subsidiary, PBF Holding Company LLC (“PBF Holding”), priced $1.0 billion in aggregate principal amount of 9.25% senior secured notes due 2025 (the “Notes”) in a private offering. The offering is expected to close on May 13, 2020, subject…
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EPRI Applies Airline Industry Inspection Technique for Industrial Gas Turbines, Enhancing Safety, Saving Time and Money
PALO ALTO, Calif., May 8, 2020 /PRNewswire/ — The Electric Power Research Institute (EPRI) has evaluated the application of an inspection technology developed for jet aircraft engines to help operate industrial and power sector gas turbines more safely and reliably. EPRI’s evaluation focused on applying Vibrant Corporations Process Compensated Resonance Testing (PCRT) for hot section…
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CUI Global Announces Name Change to Orbital Energy Group and New Ticker Symbol “OEG”
New Name Reflects the Company’s Transformation to a Diversified Energy and Infrastructure Solutions Platform HOUSTON, May 8, 2020 /PRNewswire/ — CUI Global, Inc. (“CUI Global” or the “Company”) announced today it will change its name to Orbital Energy Group, Inc. (“Orbital Energy”), effective immediately. The new name reflects the Company’s strategic repositioning to become a…
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NexTier Announces Timing of First Quarter 2020 Earnings Release and Conference Call
HOUSTON, April 21, 2020 /PRNewswire/ — NexTier Oilfield Solutions Inc. (NYSE: NEX) (“NexTier” or the “Company”) today announced that it will release its first quarter 2020 financial and operating results after market close on Tuesday, May 5, 2020. This release will be followed by a conference call at 7:30 a.m. Central Time (8:30 a.m. Eastern Time)…
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Generac Introduces First-Ever Automatic Transfer Switch with Integrated Home Energy Monitoring Capabilities
WAUKESHA, Wis., March 27, 2020 /PRNewswire/ — Power outages from coast to coast have created a growing demand for home standby generators. With electric utility bills also on the rise1, the challenge of protecting the home from outages while protecting the bank account from outrageous electric bills is uniquely solved with the new energy-monitoring PWRview™…
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SoCalGas Warns Customers About the Rise of Utility Scams During COVID-19
Utility provides tips for identifying suspicious behavior LOS ANGELES, March 27, 2020 /PRNewswire/ — Southern California Gas Co. (SoCalGas) today reminded customers to be on alert for potential scams targeting utility customers during the COVID-19 outbreak. One common scam involves telling customers they must pay their gas bill immediately or their natural gas service will be…
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ARB Midstream Announces the Appointment of Dan Campbell as Chief Executive Officer and John Roark as Chief Operating Officer
DENVER, Feb. 24, 2020 /PRNewswire/ — ARB Midstream, LLC (“ARB” or the “Company”) announced today that Adam Bedard, cofounder and Chief Executive Officer, has shifted his role within the Company from day-to-day executive leadership to focusing on the long-term strategy of the Company in his role as a member of ARB’s Board of Directors. Under Mr.…
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Diamond Green Diesel to Enhance Distribution Logistics Per Agreement With St. Rose IMTT Terminal
IRVING, Texas, Feb. 25, 2020 /PRNewswire/ — Darling Ingredients Inc. (NYSE:DAR) today announced that its joint venture with Valero Energy Corporation, Diamond Green Diesel (“DGD”), has entered into a long-term lease agreement with IMTT. The agreement will allow DGD access and use of the St. Rose IMTT Terminal as a logistics hub for DGD’s existing and expanding…
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NextEra Energy is recognized as one of the World’s Most Ethical Companies for the 13th time
NextEra Energy is one of only nine companies worldwide in the energy and utilities sector to receive Ethisphere’s prestigious recognition this year. JUNO BEACH, Fla., Feb. 25, 2020 /PRNewswire/ — NextEra Energy, Inc. (NYSE: NEE) has been recognized once again as one of the World’s Most Ethical Companies® by Ethisphere Institute, a global leader in…
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Cimarex Energy Approves Dividend on Preferred Stock
DENVER, Feb. 25, 2020 /PRNewswire/ — Cimarex Energy Co. (NYSE: XEC) today announced that its Board of Directors approved a cash dividend of $20.3125 per share on its 8⅛ percent Series A Cumulative Perpetual Convertible Preferred Stock. The dividend is payable on April 15, 2020, to holders of record at the close of business on April…