Obama’s Visit to Brazil Yields ‘Encouraging’ Renewable Fuels Cooperation, According to Brazilian Sugarcane Industry Association

Two important announcements involving renewable energy made on the opening day of U.S. President Barack Obama’s official visit to Brazil, both directly relevant to Brazil’s successful sugarcane ethanol industry, are encouraging signs that Brazil and the U.S. are on a path to achieve free, unobstructed trade for clean, renewable biofuels.... 

Offshore Finds Are Transforming Africa Into a Major Oil Producing Region

MarketResearch.com has announced the addition of GBI Research’s new report “Oil Market in Africa to 2015 – Offshore Finds Transforming Africa into a Major Oil Producing Region,” to their collection of Oilfield Equipment & Services market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6164897... 

Vermilion Energy Inc. Files Annual Information Form and Annual Report

Vermilion Energy Inc. announces the submission of its Annual Information Form (“AIF”) for the year ended December 31, 2010 to the System for Electronic Document Analysis and Retrieval. The AIF contains Vermilion’s Statement of Reserves Data and Other Oil and Gas Information as required under National Instrument 51-101. Vermilion has also filed... 

Denbury Resources Inc. Announces Final Results of Cash Tender Offers for Senior Subordinated Notes Due 2013 and 2015

Denbury Resources Inc. today announced the final results of its previously announced cash tender offers for the outstanding 7½% Senior Subordinated Notes due 2013 of the Company and Denbury Onshore, LLC (the “2013 Notes”) and 7½% Senior Subordinated Notes due 2015 of the Company (the “2015 Notes”), which offers expired at 11:59 p.m., New... 

Exxon profit up, tops Street on taxes and output

Exxon Mobil Corp reported a better-than-expected 53 percent increase in quarterly profit, helped by a lower tax rate and a surge in natural gas production in the United States and Qatar. Oil demand rose last year and the U.S. government expects another 1.5 percent gain this year as businesses’ and consumers’ appetite for fuels like diesel... 

Dominion Promotes Daniel A. Weekley to Vice President-Government Affairs

Daniel A. Weekley has been promoted to vice president-Government Affairs for Dominion. Weekley is responsible for the company’s federal, state and local government relations. He reports to Robert M. Blue, senior vice president-Law, Public Policy & Environment, and is based in Richmond. “Dan brings with him experience across almost all... 

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... 

Vermilion Energy Inc. Announces $0.19 Cash Dividend for February 15, 2011 Payment Date

Vermilion Energy Inc. is pleased to announce a cash dividend of $0.19 per share payable on February 15, 2011 to all shareholders of record on January 31, 2011. The ex-dividend date for this payment is January 27, 2011. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Vermilion Energy Inc. is an oil-leveraged producer... 

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... 

MagneGas Gains Legislative Exposure With Congressman’s Visit, Subsequent Announcement

MagneGas Corporation the producer of a technology that converts liquid waste into a hydrogen-based metal working fuel and natural gas alternative, announced today that Florida Congressman Gus Bilirakis visited the Company during the week of January 5th. After receiving a tour and comprehensive demonstration of the Company’s newest Refinery, Congressman...