OIL AND GAS

Denham Capital Forms Endeavor EnergyJune 18, 2013

Denham Capital, a leading energy-focused global private equity firm, announced the formation of Endeavor Energy today. Denham is seeding the enterprise with an initial commitment of $100 million from its $3 billion Fund VI raised in 2012 and will obtain co-investment from other financial investors and project level equity partners in the future. The financial strength of Denham allows Endeavor Energy to simultaneously pursue multiple projects across Africa.


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Introducing Microbotz: Afton Chemical’s New Heroes of Protection and PerformanceJune 12, 2013

Afton Chemical is excited to introduce Microbotz™, heroes of protection and performance for our Industrial lubricant additive Portfolio.


The world of Industrial lubricants is complex with a multitude of products serving an ever-growing and diverse range of end-use industries, with frequent overlap between products and applications.


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Stallion Oilfield Holdings, Inc. Announces New FinancingJune 4, 2013

Stallion Oilfield Holdings, Inc. (the “Company”) announces today that it is seeking commitments for a new senior secured term loan in an aggregate principal amount of up to $350,000,000 (the “Term Loan”) and an increase of commitments under its existing asset-backed loan facility (“ABL”) from $50 million to $65 million. The proceeds from the Term Loan are intended to be used to redeem the remaining $134 million of the Company’s senior secured notes due 2015, fund a portion of an approximately"...

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ExxonMobil Singapore Chemical Plant Expansion in OperationMay 30, 2013

ExxonMobil’s Singapore Chemical Plant is now producing ethylene from the facility’s second world-scale steam cracker.


The expansion is integrated with the existing petrochemical plant. Over the next few weeks, the petrochemical complex, powered by a 375-megawatt cogeneration"......

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Petroleum Development Oman and GlassPoint Commission the Middle East’s First Solar EOR ProjectMay 21, 2013

Enclosed Trough system uses the sun’s energy to produce steam for thermal EOR; exceeded contracted performance by 10 percent in first test


Petroleum Development Oman (PDO), the largest producer of oil and gas in Oman, and GlassPoint"......

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