Chevron Sells Marketing Businesses in Kenya and Uganda

Chevron Corporation announced that its subsidiary Chevron Africa Holdings Limited has agreed to sell 100 percent of its shareholdings in Chevron Kenya Limited and Chevron Uganda Limited to Total Outre Mer S.A (Total). Under the terms of the sales, Total is to acquire Chevron’s marketing businesses in both countries. Chevron Kenya Limited and Chevron Uganda Limited’s assets include 165 Caltex-branded... 

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Chevron Sells Fuels Marketing Business in Nigeria

Chevron Corporation announced that its subsidiary Chevron Africa Holdings Limited has agreed to sell Chevron Nigeria Holdings Limited to Corlay Global S.A, a Panamanian company owned by an African-based consortium composed of MRS Holdings Limited and Petroci Holdings. Chevron Nigeria Holdings Ltd. is a Bermudan company that holds 60 percent of the issued shares of Chevron Oil Nigeria PLC, a publicly... 

Tag: acquisition chevron nigeria holdings, chevron approved

Haber Inc. Agrees to a Joint Venture on Arizona Precious Metals Property

Haber, Inc.,, a Delaware corporation headquartered in Arlington, Mass., with proprietary technologies for the environmentally friendly processing of gold-bearing ores, announced today that it has agreed to enter into a joint venture with a private party (hereinafter referred to as “Owner”) to acquire certain patented claims in southern Arizona which will then be conveyed to a new joint venture... 

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Enterprise Announces Agreements and Pipeline Expansion in Barnett Shale Area of North Texas

Enterprise Products Partners L.P. announced that its affiliates have signed new long-term agreements with major producers in the Barnett Shale region that will utilize approximately 900 million cubic feet per day of capacity on the partnership’s 1.1 billion cubic feet per day (“Bcfd”) Sherman Extension natural gas pipeline. The partnership also announced that it will construct a pipeline that... 

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Plant to Optimize Coal Reserves to Meet China’s Growing Need for Clean Transportation Fuels and Chemical Feedstocks

Synthesis Energy Systems Investments, Inc., a subsidiary of Synthesis Energy Systems, Inc. (“SES” or the “Company”) (OTC: SYMX), a coal gasification company involved in the conversion of low cost fuels into clean energy and chemical products, and Inner Mongolia Golden Concord (Xilinhot) Energy Co., Ltd., a subsidiary of Golden Concord Holdings Ltd. (“Golden Concord”),... 

Tag: non petroleum chemical feedstocks, dimethil eter plan coal lignit

PCH may halt deal to buy more Oil Refineries shares

Petroleum Capital Holdings Ltd. (PCH) might cancel a deal with Israel Corp. (ILCO.TA) to buy an additional stake in Oil Refineries Haifa (ORL.TA) on the Tel Aviv bourse unless it receives government approval soon, the main shareholder in PCH said on Sunday. Israeli Prime Minister Ehud Olmert and Finance Minister Abraham Hirchson had requested additional information regarding Linora, which owns 19.9... 

Alcan and Ma’aden Sign Heads of Agreement for Proposed US$7 Billion ‘Mine-to-Metal’ Joint Venture

Alcan announced that it has signed a Heads of Agreement with Saudi Arabian mining company Ma’aden to develop a proposed US$7-billion integrated aluminum “mine-to-metal” project including bauxite mining, alumina refining, power generation and aluminum smelting. Alcan would hold a 49-percent stake in the project and would provide technology and operating management support, with Ma’aden... 

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Basel Rattled by Fourth Quake Linked to Swiss Thermal Drilling

Switzerland was shaken by the fourth earthquake in two months linked to geothermal drilling in Basel, the country’s third-largest city, the Swiss Seismological Service said. No injuries or damage was reported. The epicenter of the 5 a.m. quake was a 5-kilometer-deep (3- mile) borehole drilled in the Kleinhueningen district of Basel in northern Switzerland that borders France and Germany, the... 

Basel Rattled by Fourth Quake Linked to Swiss Thermal Drilling

Switzerland was shaken by the fourth earthquake in two months linked to geothermal drilling in Basel, the country’s third-largest city, the Swiss Seismological Service said. No injuries or damage was reported. The epicenter of the 5 a.m. quake was a 5-kilometer-deep (3- mile) borehole drilled in the Kleinhueningen district of Basel in northern Switzerland that borders France and Germany, the... 

Enterprise’s Independence Hub Departs South Texas for Installation in Deepwater Gulf of Mexico

Enterprise Products Partners L.P. announced that the Independence Hub production platform set sail today from Corpus Christi, Texas, for a five-day trip to Mississippi Canyon Block 920 where it will be installed. The hub, which is owned 80 percent by Enterprise and 20 percent by Helix Energy Solutions Group, Inc., will be located approximately 150 miles southeast of Venice, Louisiana, in about 8,000...