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People
Covia Appoints Richard Navarre As President, CEO
Covia, a leading provider of mineral-based and material solutions for the Industrial and Energy markets, said Aug. 21 that its board of directors has appointed Richard Navarre president and CEO.
Master Limited Partnerships
Analyst: Shale Producers, Midstream Should Brace For Impacts From Low Gas Prices
Production, volumes to process and move, EBITDA are all vulnerable in the near term, says Alerian.
Business
NOV Reportedly Cuts Staff For Second Time This Year
Newer staffing cuts by NOV are aimed at eliminating redundant functions within the oilfield equipment and service provider, such as marketing or recruitment,
Public Capital
Analyst: Pressure Pumping Asset Sale Implies Extraordinary Upside
Analysts with Tudor, Pickering, Holt & Co. noted the sale of Quintana’s legacy conventional pressure pumping operations was a small deal but that it also highlighted a “prodigious valuation upside.”
Investment
Venture Global Announces Financial Close For Calcasieu Pass LNG
The lender group for Venture Global's $5.8 billion construction financing includes the world's leading Asian, European and North American project finance banks, the company said.
People
Park Energy Services Appoints Tim Knox As President, COO
Park Energy Services LLC, a portfolio company of Rock Hill Capital, has appointed Tim Knox as president and COO effective August 19th, 2019.
Public Capital
Earthstone Energy CEO Actively Looking To Be Permian Consolidator
Earthstone Energy CEO Frank Lodzinski urged attendees of a recent industry luncheon in downtown Houston to “bring us deals” as the company looks to continue its growth story.
Business
Business Practices: Energy SPAC Challenges
Many private energy companies have started SPAC companies to monetize their investments. However, transacting with a SPAC has presented some unique challenges.
IndustryVoice: Creating Energy Industry Accountability Around Climate Goals
As the industry sets climate-related goals, energy leaders will need to balance investor interests and develop a sound reporting framework.
Business
LIBOR Phase-Out: Considerations For Oil, Gas Companies
With more than $370 trillion of global financial contracts referencing LIBOR (London Inter-bank Offered Rate), many oil and gas companies are curious about how the phase-out of LIBOR by 2021 could impact their organization.