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Category archives for: Energy

CEO, Phuti Mahanyele Shanduka Of The Shanduka Group

CEO, Phuti Mahanyele Shanduka Of The Shanduka Group

SOUTH AFRICA – Mahanyele Shanduka is the CEO of the Shanduka Group, founded in 2004. She was previously head of the Project Finance South Africa business unit at the Development Bank of Southern Africa. Prior to that she was Vice President at Fieldstone, an international firm specialising in the financing of infrastructure assets. The organisation owns the controlling [...]

Marathon Petroleum Corporation to Present at Credit Suisse Energy Summit On Feb. 6th

Marathon Petroleum Corporation to Present at Credit Suisse Energy Summit

FINDLAY, Ohio - Marathon Petroleum Corporationis the nation’s fourth-largest refiner, with a crude oil refining capacity of approximately 1.7 million barrels per calendar day in its seven-refinery system. Marathon brand gasoline is sold through approximately 5,000 independently owned retail outlets across 17 states. In addition, Speedway LLC, an MPC subsidiary, owns and operates the nation’s fourth-largest [...]

Anglo American Receives Environmental Assessment Certificate for Roman project

Anglo American receives Environmental Assessment Certificate for Roman project

VANCOUVER - Anglo American is one of the world’s largest mining companies and is a global leader in both platinum and diamonds. Anglo American is Australia’s second largest metallurgical coal producer and third largest global exporter of metallurgical coal. The company’s mining operations, extensive pipeline of growth projects and exploration activities span southern Africa, South America, Australia, North America, Asia and Europe. The [...]

Rosneft Signs $80.6 Billion Gas Deal; Russia’s ESPO Crude Could Rival Brent & Light Sweet

Kozmino oil-loading port in Primorsky Region

MOSCOW - Rosneft is the leader of Russia’s petroleum industry, and ranks among the world’s top publicly traded oil and gas companies. The Russian oil major has signed a contract to supply gas to Russia’s electricity provider INTER RAO from 2016. Reports estimate the price of the deal at about $80.6bn. Under the contract, the supply of up [...]

Canada and Israel to Cooperate in the Energy Sector; Supports energy technology In Winnipeg

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TORONTO — The Honourable Joe Oliver, Canada’s Minister of Natural Resources, joined by Dr. Uzi Landau, Israeli Minister of Energy and Water Resources, will make an announcement regarding energy collaboration on October 29th.   Lawrence Toet, Member of Parliament for Elmwood-Transcona, on behalf of the Honourable Joe Oliver, Canada’s Minister of Natural Resources, announced the Harper [...]

AAR Hires Rothschilds To Buy Out BP’s Stake in TNK-BP; Rosneft To Become World’s Biggest Listed Oil Company

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BP has signed the deal to sell its 50% stake in TNK-BP to Russian oil giant Rosneft. This can make the Russian state-owned enterprise the world’s biggest listed oil company. Also, BP expects to have two seats on Rosneft’s nine person board. The deal is due to be completed by the first half of 2013. “This [...]

Canadians Protest Over Pipelines Across British Colombia; TransCanada Restarts Keystone Oil pipeline

The Keystone pipeline

VICTORIA/CALGARY – Thousands of people gathered today on the B.C. legislature lawn to protest two proposed pipelines carrying oil across B.C. from Alberta. The Northern Gateway protests have been endorsed by unions such as the Communications, Energy and Paperworkers Union, the Canadian Auto Workers, the B.C. Teacher’s Federation, the Canadian Union of Public Employees and the United [...]

Marathon Petroleum to Purchase BP’s Texas City Refinery and Related Logistics and Marketing Assets

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FINDLAY, Ohio, Oct. 8, 2012 - Marathon Petroleum Corporation (NYSE: MPC) announced it has signed a definitive agreement to purchase BP’s 451,000 barrel per calendar day (475,000 barrel per stream day) Texas City refinery, three intrastate NGL pipelines originating at the refinery, an allocation of BP’s Colonial Pipeline Company shipper history, four terminals, retail marketing contract [...]

Rosneft Plans To Make A $36 Billion Investment into South America´s Oil

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MOSCOW – Rosneft is the leader of Russia’s petroleum industry and ranks among the world’s top publicly traded oil and gas companies. Rosneft, Russia’s largest oil company plans to invest $36 billion in the development of Venezuelan oil in the coming 40 years, according to Igor Sechin, the company’s president. The Company is primarily engaged in [...]

DTE Energy And Consumers Energy Dominate Michigan Market; DTE Competitively Competes In Ohio

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DETROIT — DTE Energy competes in other markets outside of Michigan but opposes competition in Michigan to the detriment of DETROIT residents, the MICHIGAN economy and Lawmakers need to take a close look. DTE Energy is a giant that needs to be broken up in Michigan via competition! DTE Energy competitively-supplies electric power and energy in Ohio to residential [...]

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