SVPGlobal to purchase food ingredient and ethanol businesses from White Energy

Strategic Value Partners and its affiliates (“SVPGlobal”), a global investment firm with $8 billion of assets under management, today announced an agreement to purchase food ingredient and ethanol businesses from White Energy. The purchase includes two integrated plants in Russell, Kansas: the nation’s largest vital wheat gluten manufacturing facility and one of the nation’s most cost-efficient…

Occidental Petroleum and White Energy to Study Feasibility of Capturing CO2 for Use in Enhanced Oil Recovery Operations

Occidental Petroleum Corporation (NYSE:OXY) and White Energy announced today that they have agreed to evaluate the economic feasibility of a carbon capture, utilization and storage project. The project would capture carbon dioxide (CO2) at White Energy’s ethanol facilities in Hereford and Plainview, Texas, and transport it to the Permian Basin, where Occidental would use it…