Killajoules

Cheniere Signs Memorandum of Understanding with Morgan Stanley Capital Group Inc. for LNG Processing at the Sabine Pass LNG Term
Cheniere Energy Partners, L.P. (NYSE Amex: CQP) ("Cheniere Partners") announced today that its subsidiary, Sabine Pass Liquefaction, LLC ("Sabine"), has entered into a non-binding memorandum of understanding ("MOU") with Morgan Stanley Capital Group Inc. ("Morgan Stanley") in connection with the potential acquisition by Morgan Stanley of certain import capacity and approximately twenty percent of a proposed 7.0 million tonnes per annum ("mtpa") of LNG liquefaction capacity at the Sabine Pass LNG terminal located in Cameron Parish, Louisiana.

Shell reduces its interest in Woodside
Royal Dutch Shell plc (“Shell”) announces an agreement to sell part of its stake in Woodside Petroleum Limited (“Woodside”) to equity investors.

Apache Completes Acquisition of BP Assets in Egypt's Western Desert
Apache Corporation (NYSE, Nasdaq: APA) today announced that a subsidiary has completed its acquisition of BP's oil and gas operations, acreage and infrastructure in Egypt's Western Desert. The transaction marks the final step in Apache's previously announced three-part acquisition of BP assets.

Shell to sell Gulf of Mexico fields to W&T Offshore, Inc.
Shell announced today that it has agreed to sell its interest in six Gulf of Mexico oil and gas fields to W & T Energy VI, LLC, a wholly owned subsidiary of W&T Offshore Inc., for $450 million, with an effective date of September 1, 2010, as part of an ongoing portfolio restructuring and focus on capital efficiency.

Santos to Acquire Cairn Energy Sangu Field Ltd
Cairn Energy PLC (“Cairn”) announces that its wholly-owned subsidiary Capricorn Energy Limited (“Capricorn”) has today entered into a conditional sale and purchase agreement (“SPA”) with Santos International Holdings Pty Limited (“Santos”).

Valero To Sell Its Interest In Cameron Highway Oil Pipeline Co. To Genesis Energy
Valero Energy Corporation (NYSE: VLO) today announced that it has signed an agreement to sell its 50 percent indirect equity interest in the Cameron Highway Oil Pipeline Co. to Genesis Energy L.P. for $330 million in cash.

BP to Sell Venezuela and Vietnam Businesses to TNK-BP
BP announced today that it has reached agreement to sell its upstream businesses and associated interests in Venezuela and Vietnam to TNK-BP for a total of $1.8 billion. TNK-BP, Russia's third largest oil company, is owned equally by BP and the AAR Consortium (comprising Alfa Group, Access Industries and Renova).

Petrominerales Acquires An Additional 25% Of Block 126 From Veraz Petroleum
Petrominerales Ltd. (“Petrominerales”) (TSX:PMG), a 66% owned subsidiary of Petrobank Energy and Resources Ltd. (“TSX:PBG”), and Veraz Petroleum Ltd. (“Veraz”) (TSX-V:VRZ) (Petrominerales and Veraz collectively referred to herein as the “Companies”) are pleased to announce that Petrominerales has agreed to acquire an additional 25% interest from Veraz in Block 126 in east central Peru.

TOYO Acquires Engineering Firm in Alberta, Canada
Toyo Engineering Corporation (TOYO, President and CEO: Yutaka Yamada) has acquired ASRC Energy Services Tri Ocean Engineering Ltd. (Tri Ocean) from ASRC Energy Services Inc., a subsidiary of Arctic Slope Regional Corporation (headquartered in Alaska, U.S.A).