Former President George W. Bush has been announced as the keynote speaker at the NAPE Charities Industry Luncheon, Feb. 23, at the George R. Brown Convention Center in Houston.

STW Resources Holding Corp. has executed a joint venture agreement with CK Investments Energy Co. to commission a proprietary brackish/produced water processing facility in the Permian and Delaware Basins of West Texas.

The price of a barrel of crude oil could soar to nearly $150 a barrel by summer, according to Joe Petrowski, CEO of Gulf Oil and the Cumberland Gulf Group. Petrowski made the statement on a CNBC program on Dec. 23.

France’s Total has purchased an interest in Elevance Renewables Sciences Inc., a Chicago-based company developing a technology to convert renewable oils, such as vegetable oils, into low-cost and high-value performance chemicals.

Diamond Castle Holdings LLC has invested in Professional Directional Enterprises Inc., a large independent provider of directional and horizontal drilling services to oil and natural gas exploration and production companies.

Düsseldorf, Germany-based E.ON AG has sold the 3.5% stake in Gazprom held by its subsidiary E.ON Ruhrgas.

BPZ Resources Inc. has placed the Corvina oil field, located in offshore Block Z-1 in northwest Peru, into commercial production.