Chevron Welcomes Shell to the Wheatstone Project

Chevron Corporation today announced the signing of agreements with Shell Development (Australia) Pty Ltd to bring Shell into the Chevron-operated Wheatstone Project as a natural gas supplier and equity participant. George Kirkland, vice chairman, Chevron Corporation, said, “Chevron is pleased to welcome another participant into the Wheatstone Project.... 

Blast rocks Enterprise natgas plant in Texas

One worker was unaccounted for after explosions rocked a natural gas liquids storage complex on Tuesday in Mont Belvieu, Texas, according to the plant’s owner, which also said the main facilities were not damaged. Firefighters contained the massive fire, visible 35 miles to the west in Houston, and there were no reported injuries, Chambers County... 

IC Potash announces commencement of preparation of the Ochoa Project Prefeasibility Study

IC Potash Corp. is pleased to announce the commencement of the Ochoa Project Sulphate of Potash (“SOP”) Pre-feasibility Study. Through this study and concurrent environmental work, the Company will establish the engineering basisfor the Ochoa Project for mining, processing, and SOP marketing. This announcement complements recent operating... 

NOxBLUE Diesel Exhaust Fluid Named 2011 World Ag Expo Top Ten New Product

CoreFluids, LLC today announced that its NOxBLUE diesel exhaust fluid (DEF) was named a 2011 World Ag Expo Top Ten New Product. Selected by new product judges composed of local and national farmers and agribusiness professionals, NOxBLUE will be featured in the 2011 World Ag Expo New Product Center February 8-10 in Tulare, California. NOxBLUE is CoreFluids’... 

Kirby Corporation Announces 2010 Fourth Quarter and Year Results

Kirby Corporation today announced net earnings attributable to Kirby for the fourth quarter ended December 31, 2010 of $31.6 million, or $.59 per share, compared with $29.2 million, or $.54 per share, for the 2009 fourth quarter. The 2009 fourth quarter results included a $4.8 million before taxes, or $.05 per share, charge for shore staff reductions,... 

Platts Report: China’s December Oil Demand at Record High 9.6 mil b/d

Platts – China’s apparent oil demand* in December rose 18% year over year to a record 40.73 million metric tons (mt), or an average 9.6 million barrels per day (b/d), with both crude throughput and net oil product imports rising, according to just-released Platts’ analysis of the latest official data. Oil demand in December was also up... 

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... 

Graham Corporation Wins Two Ejector System Orders Valued at $4 Million

Graham Corporation (NYSE Amex: GHM), a designer and manufacturer of critical equipment for the oil refining, petrochemical and power industries, today announced that it has received two orders for ejector systems that total approximately $4 million. The first order is for an ejector system to be installed at a U.S. refinery that is being modified to... 

Enterprise Strengthens Eagle Ford Shale Position with Chesapeake Agreements

Enterprise Products Partners L.P. nnounced today that the partnership has entered into 10-year agreements to handle a substantial portion of Chesapeake Energy Corporation’s (NYSE:CHK – News) liquids-rich natural gas production in the Eagle Ford Shale. Chesapeake’s gross acreage position currently comprises more than 625,000 acres in and around... 

Cetrel and Novozymes to Make Biogas and Electricity from Bagasse

Cetrel, the largest provider of environmental solutions for the manufacturing industry in Latin America, and Novozymes, the world’s leading producer of industrial enzymes, today announced a research partnership to turn sugarcane waste into green energy. Using Cetrel’s know-how in waste-stream treatment and Novozymes’ biotech expertise, the partners...