Financial News

Venture Global Announces Arrival of First Liquefaction Equipment at Calcasieu Pass LNG Export Facility

Venture Global Announces Arrival of First Liquefaction Equipment at Calcasieu Pass LNG Export Facility

June 22, 2020 at 4:12 pm 0 comments

ARLINGTON, Va., June 19, 2020 /PRNewswire/ — Venture Global LNG, Inc. is proud to announce that Calcasieu Pass LNG has begun installing the first equipment to liquefy natural gas at its export facility under construction in Cameron Parish, Louisiana.  Yesterday, theRead More

Ecolog International and Siemens Energy Sign Strategic Cooperation Agreement to Join Forces to Provide an Efficient Solution for Industrial Wastewater Treatment

Ecolog International and Siemens Energy Sign Strategic Cooperation Agreement to Join Forces to Provide an Efficient Solution for Industrial Wastewater Treatment

June 22, 2020 at 4:12 pm 0 comments

Cooperation is set to provide industrial customers in the energy and petrochemical sectors with a solution to locally treat industrial wastewater containing spent caustic and hazardous waste.The strategic alliance will bring to local markets patented Zimpro® Wet Air Oxidation technology,Read More

Castleton Commodities International LLC Closes Renewal of $2.4 Billion Credit Facility

Castleton Commodities International LLC Closes Renewal of $2.4 Billion Credit Facility

June 22, 2020 at 4:12 pm 0 comments

STAMFORD, Conn., June 22, 2020 /PRNewswire/ — Castleton Commodities International LLC (“CCI” or “the Company”) announced today the closing of a $2.4 billion committed borrowing base facility (the “Facility”).  The Facility consists of a $750 million 3-year tranche, a $1.15Read More

Venture Global Announces Arrival of First Liquefaction Equipment at Calcasieu Pass LNG Export Facility

Venture Global Announces Arrival of First Liquefaction Equipment at Calcasieu Pass LNG Export Facility

June 22, 2020 at 4:12 pm 0 comments

ARLINGTON, Va., June 19, 2020 /CNW/ — Venture Global LNG, Inc. is proud to announce that Calcasieu Pass LNG has begun installing the first equipment to liquefy natural gas at its export facility under construction in Cameron Parish, Louisiana.  Yesterday, theRead More

Peak Demand for Fossil Fuels in 2019 Has Become a Real Possibility

Peak Demand for Fossil Fuels in 2019 Has Become a Real Possibility

June 22, 2020 at 4:12 pm 0 comments

New Analysis by Boston Consulting Group Reveals That the COVID-19 Crisis May Have Accelerated Peak Demand for Fossil Fuel by More Than a Decade, Causing It to Reach Its Zenith in 2019 BOSTON, June 22, 2020 /PRNewswire/ — As theRead More

Southern Company forms Southern Energy Resources group, names Cummiskey Group CEO

Southern Company forms Southern Energy Resources group, names Cummiskey Group CEO

June 22, 2020 at 4:12 pm 0 comments

ATLANTA, June 22, 2020 /PRNewswire/ — Southern Company today combined the leadership of three of its businesses – Southern Power, PowerSecure and Southern Holdings – under one CEO to optimize the needs of large commercial, industrial and municipal customers across the country. TheRead More

Ameren Illinois announces new relief measures for customers impacted by COVID-19

Ameren Illinois announces new relief measures for customers impacted by COVID-19

June 22, 2020 at 4:12 pm 0 comments

Hardship Recovery Program made possible by constructive regulatory environment COLLINSVILLE, Ill., June 19, 2020 /PRNewswire/ — Ameren Illinois today announced it is expanding relief measures to customers who have been financially impacted by the coronavirus pandemic. Under the terms ofRead More

Flotek Welcomes New President Of Global Business

Flotek Welcomes New President Of Global Business

June 22, 2020 at 4:12 pm 0 comments

HOUSTON, June 22, 2020 /PRNewswire/ — Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) is pleased to announce TengBeng Koid will be joining the Company as President, Global Business. In this role, he will oversee the Company’s domestic and internationalRead More

Momentum Dynamics Wireless Chargers to Provide Unlimited Driving Range on 10 Battery-Electric Buses Delivered to Link Transit in Washington State

Momentum Dynamics Wireless Chargers to Provide Unlimited Driving Range on 10 Battery-Electric Buses Delivered to Link Transit in Washington State

June 22, 2020 at 4:12 pm 0 comments

MALVERN, Pa., June 22, 2020 /PRNewswire/ — Momentum Dynamics is supplying 10 of its 300-kilowatt wireless charging systems for 10 new battery-electric BYD K9S buses delivered to Link Transit in Wenatchee, Washington. All new buses added to the Link fleetRead More

Permian Basin Royalty Trust Announces June Cash Distribution

Permian Basin Royalty Trust Announces June Cash Distribution

June 22, 2020 at 4:12 pm 0 comments

DALLAS, June 19, 2020 /PRNewswire/ — Simmons Bank, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) (“Permian”) today declared a cash distribution to the holders of its units of beneficial interest of $0.001819 per unit, payable on July 14,Read More