Magellan Midstream Partners, L.P. (NYSE: MMP) is a publicly traded partnership formed to own, operate and acquire a diversified portfolio of energy assets. Our primary business is the transportation, storage and distribution of refined petroleum products. Since going public in 2001, Magellan has acquired $2 billion in strategic assets while delivering consistently strong performance. Our current asset portfolio includes over 80 petroleum products terminals, a 9,500-mile petroleum products pipeline system and an 1,100-mile ammonia pipeline system.

Sparrows Offshore is a unit of Energy Cranes International, the world's largest crane management and engineering services contractor to the offshore oil and gas industry. In 1973, Sparrows became the first contractor to send specialist crane operators and maintainers to work in the UK’s fledgling North Sea oil and gas industry. Sparrows offers offshore platform crane operation, maintenance, and management services. Sparrows Offshore Services Limited operates primarily in the North Sea, although it has bases in the Middle East, the Caspian Sea, Australasia, and West Africa. Since 2005, further offshore crane service and engineering centres have been established in Indonesia, Brazil, Angola, the Netherlands, India and Singapore. In 2008 Sparrows Offshore Services Limited established a regional headquarters and engineering center in Singapore to serve the growing Asian market.

Diamond Offshore Drilling, Inc. was founded in 1989 and is headquartered in Houston, Texas. Diamond Offshore Drilling, Inc. operates as an offshore oil and gas drilling contractor worldwide. Diamond Offshore Drilling, Inc. provides offshore drilling services in the deep water, harsh environment, conventional semisubmersibles, and jack-up markets to independent oil and gas companies and government-owned oil companies. As of December 31, 2008, Diamond Offshore Drilling, Inc. operated a fleet of 45 offshore rigs comprising 30 semisubmersibles, 14 jack-ups, and 1 drillship. Diamond Offshore Drilling, Inc. operates as a subsidiary of Loews Corporation. The compnay also provides project management and other drilling-related services. Loews Corp. owns 50.4% of the company.

CNPC (Hong Kong) Limited's mission is to find oil and gas for its customers. CNPC (Hong Kong) Limited specializes in the production and exploration for crude oil and natural gas in Asia, South America, and the Middle East. CNPC (Hong Kong) a subsidiary of China National Petroleum Corporation has a production sharing agreement with PetroChina Company, as well as other production sharing contracts to develop and produce crude oil in certain regions in China. CNPC (Hong Kong) Limited has 14 oil exploration and production projects in seven countries. CNPC (Hong Kong) plans to expand its oil reserves primarily through exploration and production partnerships with other companies.

The core business activities of the Shell Group consist of Exploration & Production, Oil Products, Gas & Power, Chemicals and Renewable Energy. In Japan, the Oil Products business is operated by Showa Shell Sekiyu K.K., the Chemicals business by Shell Chemicals Japan Ltd., and Gas & Power business by Shell Gas & Power Japan Ltd. Show and tell? Showa Shell Sekiyu has plenty to talk about. Showa Shell, 40%-owned by Royal Dutch Shell, is one of Japan's leading oil refiners. The company, which was born in 1985 of a merger between Japan's Showa Oil and Royal Dutch Shell's Shell Sekiyu, imports, refines, and distributes petroleum products. The firm's three local refining affiliates, Showa Yokkaichi, Toa Oil, and Seibu Oil, have a collective refining capacity of 515,000 barrels a day. The company owns a network of 4,575 gas stations across Japan. In 2004 Royal Dutch/Shell sold a 10% stake of Showa Shell to Saudi Aramco.

Vero Energy Inc. is a Calgary based, growth oriented company engaged in the exploration, development and production of natural gas, natural gas liquids and oil in Western Canada. Since its inception in November of 2005, Vero has achieved significant growth in: production and production per share; cash flow and cash flow per share; reserves and reserves per share. Vero is committed to growing mainly through the drill bit, but also explores prudent acquisition opportunities that are a strategic fit. Vero has a solid land base of over 149,000 net undeveloped acres and over 280 drilling locations. Vero Energy Inc. produces more than 8,000 boe/d (barrels of oil equivalent per day), with natural gas products constituting about 80% of total production. Vero Energy Inc. has more than 175,000 acres of undeveloped land and about 245 drilling locations, but its core operations are located in Edson, where it controls about 32,000 acres; it also has major operations in Corbett. Vero Energy Inc. was founded in 2005.

The Chinese petroleum handled by this company is in the other China, Taiwan. CPC (formerly Chinese Petroleum Corporation) is engaged in the exploration, production, refining, storage, transportation, and the sale of oil and oil products in Taiwan. To supplement oil supply to hydrocarbon-poor Taiwan, the state-owned monopoly has stakes in oil and gas exploration ventures in Australia, Chad, Ecuador, Kenya, Indonesia, Libya, the US, and Venezuela. Its refineries produce natural gas, kerosene, fuel oil, ethylene, propylene, and other refined products. CPC owns and operates more than 2,030 gas stations, as well as boat and aviation refueling stations. The Taiwanese government has CPC on track for privatization.

Cogentrix Energy serves up a power treat for customers, albeit a small one, through its electric generating facilities.Cogentrix Energy develops, owns, and operates a handful of independent power plants, located primarily in the US. Cogentrix Energy once had a net operational generating capacity of about 4,900 MW from its stakes in 27 coal- and gas-fired facilities, but sold most of these after New York-based investment firm Goldman Sachs Group acquired the company in 2007. The investment firm has Cogentrix Energy looking for new energy opportunities beyond the US power plant industry.

Dana Petroleum is an oil and natural gas exploration and production company with operations in the North Sea, as well as Australia, Egypt, Kenya, Morocco, Mauritania, and Senegal. Dana Petroleum plc has expanded its production activities in the North Sea, where Dana Petroleum plc has 16 producing fields. The company's growth strategy is to balance low-risk production from the UK North Sea with more aggressive high-risk international exploration and production (primarily in Egypt). At the end of 2007 Dana reported proved and probable reserves of 165.8 million barrels of oil equivalent. That year Dana Petroleum plc acquired Devon Energy's oil and gas business in Egypt for $375 million. In 2008 Dana was operating four producing fields in Egypt.

China Petroleum and Chemical Corporation (Sinopec Corp.) is the largest refiner and petrochemical producer in China. Its parent, state-owned China Petrochemical (Sinopec Group), reorganized in 2000 and pooled the best of its assets as Sinopec Corp. Sinopec Corp.'s businesses include oil and gas exploration and production; crude oil processing; oil products trading, transportation, distribution, and marketing; and petrochemicals manufacturing. It has proved reserves of 4 billion barrels of oil and more than 7 trillion cu. ft. of gas, and owns more than 29,000 gas stations. The government of China controls about 75% of the company through the Sinopec Group.

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