CUSHING

Laura Cushing Announced as New Chief Human Resources Officer of Pacific Life

Retrieved on: 
Monday, April 15, 2024
Professional Services, Business, Insurance, Finance, Asset Management, Personal Finance, Human resources, University, Loews Corporation, Culture, Life, JPMorgan Chase, Psychology, Silicon, Pacific Life, Silicon Valley Bank, Villanova University, CHRO, Management

Pacific Life today announced Laura Cushing has been hired as the new chief human resources officer (CHRO) of Pacific Life, effective April 23, 2024.

Key Points: 
  • Pacific Life today announced Laura Cushing has been hired as the new chief human resources officer (CHRO) of Pacific Life, effective April 23, 2024.
  • She will report to President and CEO Darryl Button and will sit on the company’s management committee.
  • As CHRO, Ms. Cushing will be responsible for all aspects of Pacific Life’s global Human Resources organization and strategy, including talent management, leadership development, and compensation and benefits.
  • “Throughout her career, Laura has demonstrated a deep understanding of how an organization’s culture can drive engagement, innovation, and overall success,” said Darryl Button, president and CEO, Pacific Life.

Argus expands WTI decade assessments at the US Gulf coast

Retrieved on: 
Friday, January 26, 2024
Permian, Argus Media, Risk management, Date, WTI, Oil

HOUSTON, Jan. 26, 2024 /PRNewswire/ -- Global energy and commodity price reporting agency Argus is today launching two new prices for WTI light sweet crude oil cargoes loading for export at the US Gulf coast, in step with the growing sophistication and liquidity of the US crude export market.

Key Points: 
  • The new assessments are for WTI cargo prices trading in 10-day loading windows in the month following the prompt trade cycle, bringing increased transparency for market participants that wish to secure US Gulf coast crude supplies further in advance.
  • Open interest on futures contracts for WTI Houston and WTI Midland settling against Argus assessments has risen to well over 650,000 lots, making them among the world's largest oil derivatives markets.
  • "We are pleased to have responded to requests from market participants to expand our WTI decade assessments at the US Gulf coast, which will facilitate greater precision in pricing both physical and derivatives contracts and help this increasingly important market evolve."
  • Argus launched WTI decade assessments covering the first three 10-day periods of the month in November 2022.

NGL Energy Partners LP Announces 2023 Open Season for Grand Mesa Pipeline Starting December 6, 2023

Retrieved on: 
Wednesday, December 6, 2023
Energy, Other Energy, Oil, Gas, NGL, Growth, Central Time Zone, Texas Gulf Sulphur Company, NYSE, Confidentiality, Transport, Non-disclosure agreement

NGL Energy Partners LP (NYSE: NGL) (“Partnership” or “NGL”) is pleased to announce that a binding open season will start today, December 6, 2023 at 8:00 am Central Daylight Time for its wholly owned affiliate Grand Mesa Pipeline, LLC’s (“Grand Mesa”) crude oil pipeline.

Key Points: 
  • NGL Energy Partners LP (NYSE: NGL) (“Partnership” or “NGL”) is pleased to announce that a binding open season will start today, December 6, 2023 at 8:00 am Central Daylight Time for its wholly owned affiliate Grand Mesa Pipeline, LLC’s (“Grand Mesa”) crude oil pipeline.
  • NGL held open seasons in 2016 and in 2021 seeking commitments from shippers interested in shipping on Grand Mesa’s pipeline system.
  • NGL is holding the current open season to contract available capacity on the Grand Mesa pipeline at a discounted rate.
  • Potential shippers will have access to the open season documents upon execution of a confidentiality agreement with Grand Mesa.

KBR Awarded Feasibility Study to Support Next Generation Green Refinery

Retrieved on: 
Thursday, June 15, 2023
USA Today, Southern rock, Oxygen, Independent Energy Partners, GHG, Carbon, Wind, AAA, Corporate welfare, Geothermal energy, ESG, KBR, Greenhouse, NYSE, Renewable energy, MSCI

HOUSTON, June 15, 2023 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded a feasibility study contract by Southern Rock Energy Partners to support the development of a first-of-its-kind refinery in Cushing, Oklahoma.

Key Points: 
  • HOUSTON, June 15, 2023 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded a feasibility study contract by Southern Rock Energy Partners to support the development of a first-of-its-kind refinery in Cushing, Oklahoma.
  • Southern Rock's proposed 250,000bpd refinery will be powered by solar, wind, waste heat and geothermal energy and consume hydrogen and oxygen as a fuel source, making it a truly cutting-edge refinery with the goal of becoming net zero carbon, and the first truly green refinery in the United States.
  • Under the terms of the contract, KBR will provide expert consulting services, including a feasibility study in the formative stages of the project, and key technical information for the individual process units.
  • "KBR is pleased to support Southern Rock Energy Partners to reach their sustainability goals through our consulting capabilities," said Jay Ibrahim, KBR President, Sustainable Technology Solutions.

U.S. Dermatology Partners Announces the Opening of Wichita Falls, Texas Office

Retrieved on: 
Monday, June 12, 2023
Travel, Aetna, Partner, Dermatitis, Blue Cross Blue Shield Association, Walkers, Dermatology, Skin cancer, Acne, Outreach, Psoriasis, Cigna, Medicare, Patient, Dallas–Fort Worth metroplex, Sheppard Air Force Base, Public key certificate, Health, Medigap, Barbershop Quartet (health outreach program), Lake, Hospital, Amerigroup, UnitedHealth Group

WICHITA FALLS, Texas, June 12, 2023 /PRNewswire-PRWeb/ -- U.S. Dermatology Partners is pleased to announce the opening of its newest office location in Wichita Falls, Texas. The new office is part of the organization's Outreach Program serving rural and underserved communities and will offer convenient access to dermatology and skin cancer treatments to patients in Wichita County beginning June 12th. The office will treat patients of all ages for a range of dermatologic conditions including acne, psoriasis, eczema, and skin cancer.

Key Points: 
  • U.S. Dermatology Partners expands access to dermatology care to patients in Wichita County by opening their newest office location.
  • WICHITA FALLS, Texas, June 12, 2023 /PRNewswire-PRWeb/ -- U.S. Dermatology Partners is pleased to announce the opening of its newest office location in Wichita Falls, Texas .
  • Wichita Falls is the county seat of Wichita County and is comfortably nestled in the North-East corner of the Panhandle/Plains area of North Texas.
  • The new Wichita Falls office is conveniently located at 3916 Call Field Road, #300, Wichita Falls, TX 76308.

Energy Transfer Reports Strong First Quarter 2023 Results and Updates 2023 Outlook

Retrieved on: 
Tuesday, May 2, 2023
Oil, Gas, Natural Resources, Energy, Mining, Minerals, Other Energy, Transfer, Permian, Sunoco, Partnership, USAC, SUN, NGL, Energy Transfer Partners, Master limited partnership, EBITDA, Acquisition, Natural gas, Interstate Highway System, Transport, Adjustment, NYSE, Lotus, Propane, Fine chemical, Petroleum, Airline, LP

Energy Transfer LP (NYSE:ET) (“Energy Transfer” or the “Partnership”) today reported financial results for the quarter ended March 31, 2023.

Key Points: 
  • Energy Transfer LP (NYSE:ET) (“Energy Transfer” or the “Partnership”) today reported financial results for the quarter ended March 31, 2023.
  • Energy Transfer reported net income attributable to partners for the three months ended March 31, 2023 of $1.11 billion.
  • Growth capital expenditures in the first quarter of 2023 were $407 million while maintenance capital expenditures were $149 million.
  • In April 2023, Energy Transfer announced a quarterly cash distribution of $0.3075 per common unit ($1.23 annualized) for the quarter ended March 31, 2023.

U.S. Dermatology Partners Celebrates Milestone Opening of 100th Location as Part of their Outreach Program

Retrieved on: 
Tuesday, April 25, 2023
Travel, Dermatology, Skin cancer, CDC, Barbershop Quartet (health outreach program), Death, Patient, Korea Disease Control and Prevention Agency, Hospital, DALLAS

DALLAS, April 25, 2023 /PRNewswire-PRWeb/ -- U.S. Dermatology Partners, one of the largest dermatology groups in the country, announced a significant milestone with the opening of its 100th location in Sulphur Springs, Texas. The new location is part of the organization's Outreach Program, which is aimed at providing high-quality dermatological care to underserved and rural communities. During the next three years, thirty new offices will be opened in Texas, Oklahoma, Kansas, Missouri, Arizona, Colorado, Maryland, and Virginia as part of their commitment.

Key Points: 
  • DALLAS, April 25, 2023 /PRNewswire-PRWeb/ -- U.S. Dermatology Partners , one of the largest dermatology groups in the country, announced a significant milestone with the opening of its 100th location in Sulphur Springs, Texas .
  • The new location is part of the organization's Outreach Program, which is aimed at providing high-quality dermatological care to underserved and rural communities.
  • With the opening of its 100th location under the Outreach Program, U.S. Dermatology Partners builds on the program's legacy of reaching patients closer to home in the communities they live and work.
  • U.S. Dermatology Partners looks forward to continuing to serve rural and underserved communities across the United States.

U.S. Dermatology Partners Announces the Opening of Forney, Texas Office

Retrieved on: 
Monday, April 10, 2023
Travel, Dallas–Fort Worth metroplex, Aetna, Partner, Dermatitis, Blue Cross Blue Shield Association, Dermatology, Skin cancer, Acne, Outreach, Texas Legislature, Psoriasis, Cigna, Amazon, Medicare, Goodyear Tire and Rubber Company, Patient, Medigap, Barbershop Quartet (health outreach program), Hospital, Amerigroup, George Taylor Field, UnitedHealth Group

FORNEY, Texas, April 10, 2023 /PRNewswire-PRWeb/ -- U.S. Dermatology Partners is pleased to announce the opening of its newest office location in Forney, Texas. The new office is part of the organization's Outreach Program serving rural and underserved communities and will offer convenient access to dermatology and skin cancer treatments to patients in Kaufman County beginning April 5th. The office will treat patients of all ages for a range of dermatologic conditions, including acne, psoriasis, eczema, and skin cancer.

Key Points: 
  • U.S. Dermatology Partners expands access to dermatology care to patients in Kaufman County with the opening of their newest office location.
  • FORNEY, Texas, April 10, 2023 /PRNewswire-PRWeb/ -- U.S. Dermatology Partners is pleased to announce the opening of its newest office location in Forney, Texas .
  • U.S. Dermatology Partners is opening over 30 new locations across eight states to address this problem.
  • U.S. Dermatology Partners CEO, Paul Singh stated, "We're pleased to offer premier dermatological services to patients in Forney and Kaufman County.

Lotus Midstream and EnCap Flatrock Midstream Agree to Sell Lotus Midstream to Energy Transfer for $1.45 Billion

Retrieved on: 
Monday, March 27, 2023
Finance, Oil, Gas, Energy, Professional Services, Asset Management, Transfer, Permian, Centurion, EnCap, Partnership, Vinson & Elkins, Jefferies, Gulf, Sale, Sherman, Corpus Christi, Transport, NYSE, Lotus, Petroleum

Lotus Midstream (“the Company”) and its financial sponsor EnCap Flatrock Midstream (“EnCap Flatrock”) today announced they have signed a definitive agreement to sell Lotus Midstream to Energy Transfer LP (NYSE: ET) for approximately $1.45 billion.

Key Points: 
  • Lotus Midstream (“the Company”) and its financial sponsor EnCap Flatrock Midstream (“EnCap Flatrock”) today announced they have signed a definitive agreement to sell Lotus Midstream to Energy Transfer LP (NYSE: ET) for approximately $1.45 billion.
  • The transaction is expected to close in the second quarter of 2023, subject to regulatory approval and customary closing conditions.
  • Located in Sugar Land, Texas, Lotus Midstream is a premier crude oil gathering and transportation system connecting the Permian Basin to Cushing and Gulf Coast markets.
  • “We are thankful for the opportunity provided by EnCap Flatrock to have grown and developed Centurion Pipeline,” said Lotus Midstream CEO Mike Prince.

Energy Transfer to Acquire Lotus Midstream in a $1.45 Billion Transaction

Retrieved on: 
Monday, March 27, 2023
Oil, Gas, Energy, Transfer, Centurion, Permian, Gulf Coast of the United States, Vinson & Elkins, TD, TD Securities, Jefferies, Multimedia, Sidley Austin, Energy Transfer Partners, EFM, Acquisition, Transport, NYSE, Lotus, Crane, Petroleum

Energy Transfer LP (NYSE: ET) and Lotus Midstream LLC announced today that the parties have entered into a definitive agreement pursuant to which Energy Transfer will acquire Lotus Midstream Operations, LLC (Lotus Midstream) in a transaction valued at approximately $1.45 billion from an affiliate of EnCap Flatrock Midstream (EFM).

Key Points: 
  • Energy Transfer LP (NYSE: ET) and Lotus Midstream LLC announced today that the parties have entered into a definitive agreement pursuant to which Energy Transfer will acquire Lotus Midstream Operations, LLC (Lotus Midstream) in a transaction valued at approximately $1.45 billion from an affiliate of EnCap Flatrock Midstream (EFM).
  • Consideration for the transaction will be comprised of $900 million in cash and approximately 44.5 million newly issued Energy Transfer common units.
  • Lotus Midstream owns and operates Centurion Pipeline Company LLC, an integrated, crude midstream platform located in the Permian Basin.
  • Jefferies is serving as financial advisor to Lotus Midstream, and Vinson & Elkins LLP is acting as Lotus Midstream’s legal counsel.