Based

FCStone LLC, a New York City-based futures commission merchant (FCM), has been slapped with a $1.5 million civil penalty by the Commodity Futures Trading Commission (CFTC) for “failing to diligently supervise its officers and employees” relating to its business as an FCM during 2008 and part of 2009.

Irving, TX-based Worldwide Energy Consortium Inc. (WEC) is set to begin the initial engineering/permitting phase for a new refinery to be located near Gardendale in La Salle County, TX.

A company based in India is mulling a $3 billion liquefied natural gas (LNG) liquefaction and export terminal in the Strait of Canso in Nova Scotia, Canada’s CBC News reported. “We’re looking at a long term…facility to liquefy natural gas. We’re looking to put out a capacity of a billion and a half cubic feet a day at its final stage, said Darshan Hiranandani, managing director for H-Energy, as reported by CBC. He said the facility could be similar in scale to the Canaport LNG facility in New Brunswick. Construction could be completed by 2020 at the earliest, he said. The proposal is the second for an LNG facility in Nova Scotia. Last fall, Pieridae Energy Canada announced a project whose target markets would be in Europe and India (see Daily GPI, Oct. 29, 2012).

Denver-based Enservco Corp., a provider of well-site services, said it will invest $6 million in capital expenditures during 2013, with $4.7 million being allocated to new equipment fabrication. The budget also includes $1.3 million for enhancements to existing equipment. Management estimates the annualized revenue potential from the new equipment at about $10 million. The equipment includes nine frack heating trucks with a total of 12 burner boxes, four hot oilers and two well acidizing trucks. The investments will expand the company’s frack heating capacity by 40% and increase its hot oiling fleet by 15%. Enservco said sales during April reached $3.7 million, up 85% from one year ago. The improvement was fueled in part by cool spring temperatures across the company’s service territories, as well as sustained demand for fluid heating services, particularly in regions where new fracking techniques require higher water temperatures than traditional frack designs.

The Center for the New Energy Economy (CNEE) at Colorado State University has rolled out a web-based system that tracks individual state energy-related legislation.

An executive with a Portland, OR-based heavy-duty truck maker told a Senate energy panel Tuesday that he and his competitors could manufacture as many natural gas vehicles (NGV) as needed if only Congress delivered on the refueling infrastructure.

Rapid City, SD-based Black Hills Corp. will sell its 40 MW natural gas-fired “CT II” generation unit at its mostly coal-fired Gillette Energy Complex in Wyoming to the City of Gillette for $22 million.

Seal Beach, CA-based Clean Energy Fuels Corp. has announced a $20 million partnership with compressed natural gas (CNG) firm Mansfield Energy Corp. And the company reported 1Q2013 results that were still showing red ink, but much less of a loss than reported for the same period last year.

Houston-based Carrizo Oil & Gas Inc. turned in first quarter results that included record production and revenue driven by record oil results.