Plains All American Pipeline LP said its earnings for 4Q2015 were reduced by producers not meeting their minimum volume commitments (MVC), unseasonably warm weather and flooding in West Texas and the Midcontinent.
Q201
Articles from Q201
Despite Low Oil Prices, NOV Maintaining Urge to Merge
National Oilwell Varco (NOV) said that despite low world oil prices, it has letters of intent to acquire several unspecified companies in the oilfield equipment sector and is seeking additional merger and acquisition (M&A) opportunities in the field, as it continues its stock buyback program and reduces its backlog for new rig systems.
NatGas Marketers Returned to Sales Decline in 2Q2014
BP plc had another strong quarter, extending its lead on the rest of the field, but most of the two-dozen leading natural gas marketers participating in NGI’s 2Q2014 Top North American Gas Marketers Ranking reported decreases compared with 2Q2013.
Pengrowth Continues Shift to Canadian Oilsands
Pengrowth Energy Corp. executives said the company was continuing its shift toward oil, with construction of the first commercial phase of its Canadian oilsands terminal in east central Alberta remaining on schedule and on budget.