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....
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 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...
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...
2010 marked a year that most natural gas investors would like to forget. The reason for the drop in prices and stocks was simply supply and demand. Natural gas supplies have grown in recent years as new technologies have made it easier for producers to unlock previously unreachable reservoirs in onshore shale formations. Some natural gas producers have...
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...
Thanks to an investment by the Government of Canada, up to $77.75 million over seven years will support the production of ethanol in Saskatchewan, sustain job creation and help stimulate the economy. Ray Boughen, Member of Parliament for Palliser, on behalf of the Honourable Lisa Raitt, Canada’s Minister of Natural Resources, today announced that...
Energy Transfer Partners L.P. announced the completion of the 56-mile Katy Expansion pipeline project that increases the capacity of the Partnership’s existing ETC Katy natural gas pipeline in southeast Texas by more than 400 million cubic feet per day. The 36-inch Katy Expansion project provides approximately 20,000 horsepower of compression to the...
Reliant Energy has completed the previously announced sale of the Northeastern electricity marketing assets of its retail subsidiaries, Reliant Energy Solutions East and Reliant Energy Solutions Northeast, to Hess Corporation. Reliant Energy, Inc. based in Houston, provides electricity and energy services to retail and wholesale customers in the United...
The Canadian Renewable Fuels Association today congratulated Integrated Grain Processors Co-operative (IGPC) on the official opening of its new 150 million litre ethanol plant. “Today marks a milestone day in the production of renewable fuels in Canada. With IGPC’s new plant, Canada now produces over a billion liters of ethanol a year,”...