Vitol today announced that, in partnership with Helios Investment Partners, it has agreed to purchase the majority of Shell’s shareholding in most of their downstream businesses in Africa for a total consideration of some $1 billion. Under the agreements, two new joint venture companies will assure continued availability of Shell fuels and lubricants...
Wood Group, the international energy services company, today announces it has entered into a conditional agreement to sell its Well Support Division to GE for cash consideration of $2.8 billion (the “Disposal”). Following the Disposal, the Board of Directors intends that Wood Group will return cash of not less than $1.7 billion to shareholders...
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...
Environmental Quality Management, Inc. a Cincinnati, OH-based leading provider of environmental services, and Beacon Energy Holdings, Inc. – OTC: BCOE.PK (“Beacon”), a Cleburne, TX-based leading producer of biodiesel fuel, announced today that they have entered into a definitive merger agreement. In accordance with the merger agreement, at...
Complete Production Services, Inc. (NYSE:CPX – News), will hold its quarterly conference call to discuss fourth quarter 2010 results on Friday, February 4 at 10:00 a.m. Eastern Time. To participate in the live conference call, dial (800) 322-2803 at least ten minutes prior to the scheduled start of the call. When prompted, provide the passcode:...
Halliburton will host a conference call on Monday, April 18, 2011, to discuss the first quarter 2011 financial results. The call will begin at 8:00 AM Central Time (9:00 AM Eastern Time). The company will issue a press release regarding the 2011 first quarter earnings prior to the conference call. Halliburton’s first quarter press release will be...
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 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...
ESG Solutions (Engineering Seismology Group or ESG), an industry leader in microseismic technology and services, is pleased to announce the successful completion of the largest microseismic hydraulic fracture monitoring program conducted in Canada to date. The real-time microseismic mapping project for Nexen Inc. in the Horn River Basin in northeast...
TETRA Technologies, Inc. announced today that it will participate in the Pritchard Capital Energize 2011 Conference to be held in San Francisco, California. Stuart M. Brightman, TETRA’s President and Chief Executive Officer, and Joseph M. Abell, TETRA’s Sr. Vice President and Chief Financial Officer, are scheduled to present at the conference...