Denison Mines Corp. announced that the owners of the Midwest joint venture consisting of AREVA (69.16%), OURD (5.67%) and Denison (25.17%) have determined that the development of the Midwest Project will be postponed due to current economic conditions. The status of the project will be reviewed every six months.
The postponement is a result of the [...]

Northern Border Pipeline Company, along with its owners, TC Pipelines, LP and ONEOK Partners, L.P., announced the sale of its wholly owned subsidiary, Bison Pipeline LLC, to TransCanada Pipeline USA Ltd..
The assets of Bison Pipeline LLC include executed precedent agreements, as well as regulatory, environmental and engineering activities completed to date on the Bison Pipeline [...]

Inc. Magazine ranked WDC Exploration & Wells 3,219 on its annual ranking of the 5,000 fastest-growing private companies in the country. The list is the most comprehensive look at the most important segment of the economy — America’s independent-minded entrepreneurs.
“Our second annual Inc. 5000 continues the most ambitious project in business journalism,” said Inc. 5000 [...]

Esmark Incorporated announced the completion of its acquisition by OAO Severstal. The acquisition was completed pursuant to the merger of Severstal Wheeling Acquisition Corp., a wholly-owned subsidiary of Severstal, with and into Esmark. Esmark was the surviving corporation of the merger and is now an indirect, wholly-owned subsidiary of Severstal and has been renamed “Severstal [...]

TransMontaigne Partners L.P. announced that effective July 8, 2008, Charles L. Dunlap has been appointed to serve as a member of the Board of Directors and will also serve as a member of the Conflicts Committee of TransMontaigne GP L.L.C., the General Partner of the Partnership. The General Partner is responsible for managing the [...]

Oil prices surged past $143 a barrel for the first time and then fell back as a rising dollar prompted some investors to sell.
Crude gave back its gains after the Chicago Purchasing Managers’ Index of Midwest Manufacturing beat estimates and the dollar strengthened against the euro.
Light, sweet crude for August delivery fell 21 cents to [...]

Shares of ethanol producers dropped after a Citi Investment Research analyst said some small to mid-size companies might have to shut down soon after severe flooding in the Midwest boosted corn prices.
Analyst David Driscoll said the floods caused “irreparable damage to this year’s crop” and pushed prices up, harming ethanol margins.
“As a result of [...]

China’s Sinosteel Corp. said Wednesday it has boosted its stake in Australian iron ore miner and developer Midwest Corp. to 28.4 percent, from 19.9 percent.
The Chinese metals trader, which is battling Murchison Metals Ltd. for Midwest, is bidding 1.36 billion Australian dollars (US$1.3 billion; ?830 million) in an offer that ends June 13.
Sinosteel had 60.4 [...]

Crude oil pipeline operator Enbridge Inc. plans to sell its minority stake in a Spanish petroleum products pipeline company for about $1.37 billion in cash.
The buyers of the 25 percent stake in Cia. Logistica de Hidrocarburos SA are subsidiaries of Deutsche Bank AG, the Public Sector Pension Investment Board, Stichting Pensioenfonds Zorg en Welzijn and [...]

Then U.S. Energy Department awarded $61.1 million to a multistate environmental partnership to research new ways to capture and store carbon dioxide and other greenhouse gases.
The Midwest Regional Carbon Sequestration Partnership project, working with Columbus, Ohio-based Battelle Memorial Laboratories, will test ways to store the gases in underground geological formations, and in land occupied by [...]