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Genesis Energy, L.P. Receives Notification Letter From AMEX
Publish Date : 1/29/2008 4:44:00 AM Source : World News Onlypunjab.com
Genesis Energy, L.P., (AMEX:GEL), announced that on January 3, 2008 it received a warning letter from the American Stock Exchange that it is not in compliance with the Rule 121(B)(2)(a) of the American Stock Exchange Company Guide. This rule requires that Genesis have at least three independent members on its Audit Committee. Genesis currently has two members on its Audit Committee as a result of a
Genesis Energy, L.P. is a diversified midstream energy master limited partnership headquartered in Houston, Texas. Genesis engages in four business segments. The Pipeline Transportation Division is engaged in the pipeline transportation of crude oil and, to a lesser extent, natural gas and carbon dioxide. The Refinery Services Division primarily processes sour gas streams to remove sulfur at refining operations, principally located in Texas, Louisiana and Arkansas. The Supply and Logistics Division is engaged in the transportation, storage and supply of energy products, including crude oil and refined products. The Industrial Gases Division produces and supplies industrial gases such as carbon dioxide and syngas. Genesis’ operations are primarily located in Texas, Louisiana, Arkansas, Mississippi, Alabama and Florida.
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although we believe that our expectations are based upon reasonable assumptions, we can give no assurance that our goals will be achieved. Important factors that could cause actual results to differ materially from those in the forward looking statements herein include the timing and extent of changes in commodity prices for oil, ability to obtain adequate credit facilities, managing operating costs, completion of capital projects on schedule and within budget, consummation of accretive acquisitions, capital spending, environmental risks, government regulation, our ability to meet our stated business goals and other risks noted from time to time in our Securities and Exchange Commission filings. Actual results may vary materially. We undertake no obligation to publicly update or revise any forward-looking statement. |
India News
Publish Date : 6/20/2007 11:50:00 PM
2007-06-21 06:45:46 +0000
Tsunami Warning System Wins Approval
Publish Date : 1/24/2005 6:14:00 PM
An early warning system would have made all the difference. Instead of being swept to their deaths by the Dec. 26 tsunami, tourists in Thailand and villagers in Sri Lanka could....
Yushchenko Takes Oath, Pledges to Join Europe
Publish Date : 1/24/2005 6:13:00 PM
Viktor Yushchenko became Ukraine's president Sunday and vowed to overturn its post-Soviet legacy by seeking a place in Europe for the people he led in a peaceful revolt against a rigged election and pressure from Russia.
Venezuela Marks Anniversary of Democracy
Publish Date : 1/24/2005 6:12:00 PM
Supporters of President Hugo Chavez marched through Caracas on Sunday, demanding respect for Venezuela's sovereignty following U.S. criticism and Colombia's acknowledgment....
Iraq Bomb Wounds 10 on Street to Allawi Office
Publish Date : 1/24/2005 6:07:00 PM
A suicide car bomber struck on Monday near a checkpoint on a street leading to Iraqi Prime Minister Iyad Allawi's party office, wounding at least 10 people in the latest guerrilla attack before Jan. 30 elections.
N.Koreans Break Into Japanese School in China
Publish Date : 1/24/2005 6:05:00 PM
Eight people believed to be North Korean refugees clambered over the wall of a Japanese school in Beijing on Monday to seek asylum, a Japanese embassy official said.
Indonesia, Rebels to Talk Peace; New Quake Kills One
Publish Date : 1/24/2005 5:58:00 PM
Indonesia and separatist rebels in Aceh will hold talks seeking to turn the tsunami calamity into a chance for peace as civilians readied Monday for a larger role in relief efforts on ravaged Sumatra.
International brain-storming session on tsunami begins
Publish Date : 1/23/2005 7:28:00 PM
Over 100 scientists from India and abroad began Friday a two-day brainstorming session here to discuss ways and means to protect countries from a future tsunami threat to the region.
Help for Asian Scotswomen in abusive marriages
Publish Date : 1/23/2005 6:51:00 PM
A campaign has been launched in Scotland to encourage Asian women forced into abusive marriages to come out in the open and speak about their ordeals.
Britain Hindus seek to redeem swastika
Publish Date : 1/23/2005 6:48:00 PM
More Hindu voices have been added to the campaign against a ban on the swastika symbol in Europe after Prince Harry recently displayed it during a fancy dress party.
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