Voyager Petroleum Forms Joint Venture Operation to Export Used Motor Oil

Voyager Petroleum Inc. an emerging leader in eco–friendly processing, oil distribution and specialty recycling programs targeting the automotive service center industry, today announced an agreement creating a controlling-interest in a Joint Venture Operation with an international trading firm for the purpose of exporting Used Motor Oil and other... 

TransCanada: Bison Pipeline Begins Service Moving Natural Gas out of the Rockies

TransCanada Corporation today announced its Bison Pipeline became operational on Friday, January 14. The 303-mile (487-kilometre), 30-inch-diameter interstate pipeline has an initial capacity of 407 million cubic feet a day, all of which is currently under long-term contract. With additional compression, the pipeline is expandable to 1 billion cubic... 

Philadelphia University and MAG Establish New Composites Institute to Develop Textile-Based Composites for Industrial Applications

Philadelphia University and MAG are establishing the Philadelphia University MAG Composites Institute for research and development of new textile-based composites that could have wide application in industry, including the aerospace, automotive and energy sectors. The new research institute will be funded in part by $1.1 million from MAG, whose chairman... 

Duncan Energy Partners Increases Cash Distribution Rate and Announces Schedule K-1 Availability

Duncan Energy Partners L.P. today announced that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.455 per common unit, or $1.82 per unit on an annualized basis. The quarterly distribution will be paid on Monday, February 7, 2011, to unitholders of record at the close of... 

Enterprise Announces 26th Consecutive Quarterly Distribution Rate Increase

Enterprise Products Partners L.P. announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.59 per common unit, or $2.36 per unit on an annualized basis. The quarterly distribution will be paid on Monday, February 7, 2011, to unitholders of record as of the... 

Market flat, pares losses from jobless claims

U.S. stocks were little changed on Thursday, paring losses after weaker-than-expected jobless claims and helped by a rise in Marathon Oil. Contributing to the weakness was a sharp drop in shares of Merck on disappointing drug trial news. The drugmaker was the biggest percentage decliner on the S&P 500. Weekly initial claims for unemployment benefits... 

MarkWest Energy Partners Announces Public Offering of Common Units

MarkWest Energy Partners, L.P. announced today that it is commencing a public offering of 3,000,000 common units. The Partnership has granted the underwriter a 30-day option to purchase a maximum of 450,000 additional common units to cover over-allotments, if any. The Partnership intends to use the net proceeds from the offering, as well as any exercise... 

GeoResources, Inc. Announces Proposed Common Stock Offering

GeoResources, Inc., today announced that it and certain selling shareholders intend to offer, subject to market and other conditions, 4,700,000 shares of common stock, of which 4,000,000 shares would be sold by GeoResources and 700,000 shares would be sold by the selling shareholders, in an underwritten public offering. In connection with the offering,... 

Market slips on bank worries, lackluster jobs data

Stocks fell on Friday after a court ruling in a key foreclosure case prompted investors to pull out of bank stocks, adding to weakness after a lackluster jobs report. Even with the decline, however, the S&P 500 and Dow recorded their sixth straight week of advances. The market has proved resilient despite expectations that stocks were due for a... 

GSE Systems, Inc. to Present at 13th Annual Needham Growth Conference

GSE Systems, Inc. a leading global provider of real-time simulation and training solutions to the power, process, manufacturing and government sectors, today announced Jim Eberle, Chief Executive Officer, is scheduled to present at the 13th Annual Needham Growth Conference on January 12th, 2011 at 4:50 pm ET. The conference is being held at the New...