Energy
Give The Gift of Warmth This Holiday Season
Help those less fortunate stay warm this winter by making a donation to PECO’s Matching Energy Assistance Fund (MEAF). All donations are matched dollar for dollar by PECO.
Evergreen Energy Board Approves Stockholder Rights Plan
The board of directors of Evergreen Energy Inc. (NYSE Arca: EEE), a cleaner coal technology, energy production and environmental solutions company, has approved the adoption of a stockholder rights plan that provides all stockholders of record at the close of business December 19, 2008 a distribution of the right to buy shares of a new series of preferred stock.
Hess Announces Commencement of JDA Phase 2 Gas Sales
Hess Corporation (NYSE: HES) announced today that on November 12 natural gas sales commenced from the Phase 2 development of Block A-18 in the Malaysia-Thailand Joint Development Area (JDA), in the Gulf of Thailand. Hess Corporation and Petronas Carigali each have a 50 percent working interest in Block A-18.
Brookfield Properties Renews 717,000-Square-Foot Lease with Imperial Oil in Calgary
Brookfield Properties Corporation (BPO: NYSE, TSX) and its Canadian-based subsidiary, BPO Properties Ltd. (BPP: TSX), today announced that Imperial Oil has renewed its lease and expanded its premises by 83,670 square feet at Fifth Avenue Place in Calgary.
LED Lighting Expert, Greenlight Initiative, Taps Lighting Industry Veteran for Southeastern US Expansion
Greenlight Initiative, a New York based LED-lighting sales and solutions provider, announced today that it has appointed lighting industry veteran, Richard Burton as Director of its Southeastern US office. Mr. Burton has over 25 years of experience in the industry, with extensive experience in lighting retrofit implementations and maintenance projects in support of national retailers. The opening of its newest regional office, in the Atlanta, Georgia area, marks the next phase of Greenlight Initiative's Eastern US and Canadian coverage plan, and allows it to effectively serve the lighting industry’s need for LED specialization in key East-coast markets.
New Nexant Study Profiles Brazilian Biofuels Industry
A new ChemSystems® Special Report published by Nexant—Brazil's Biofuels Industry: Outlook for a Global Leader—assesses the technical, commercial and policy status of existing and anticipated biofuel and biofuels-related activities in Brazil, and draws conclusions on opportunities and challenges in the industry. It also forecasts changes to come, considering critical elements of the Brazilian biofuels supply chain. The study examines related markets, such as distillers grains and flexible-fuel and dedicated ethanol vehicles, and profiles Brazil from a global perspective, highlighting local opportunities as well as key issues for companies considering investment options worldwide.
enXco Service Corporation Signs O&M Management Agreement for Edom Hills Wind Project
enXco Service Corporation (eSC) - an EDF Energies Nouvelles Company (Paris: EEN) - has signed an Operations & Maintenance Management Agreement with a subsidiary of BP Wind Energy for its Edom Hills wind energy facility. Located in the San Gorgonio Pass of Riverside County, California, the 20 MW project is comprised of Clipper Windpower Liberty 2.5 MW turbines.
Research and Markets: A 2008 Report on the Chinese Benzene Market Describing the Challenges to the Market
Research and Markets (http://www.researchandmarkets.com/research/ef2009/china_benzene_mark) has announced the addition of the "China Benzene Market Report, 2008" report to their offering.
Fitch: EDF Offer Creates Uncertainty for Constellation & BG&E Watch Evolving
Electricite de France's (EDF) unsolicited offer to acquire a 50% interest in the nuclear generation business of Constellation Energy Group (CEG) creates competition for the merger agreement currently in place between CEG and MidAmerican Energy Holdings (MEH) and causes uncertainty about the outcome of the Dec. 23 shareholder vote on the merger, according to Fitch Ratings, which has placed the following long- and short-term Issuer Default Ratings (IDRs) for CEG and Baltimore Gas and Electric Company (BGE) on Rating Watch Evolving.
Avalon Oil & Gas Reports Record Revenues for the Six Month Period Ending September 30, 2008
Avalon Oil & Gas, Inc., (Avalon) (OTCBB: AOGN) has reported its financial results for the six months ending September 30, 2008. In the Form 10-QSB the Company filed with the Securities and Exchange Commission (SEC), Avalon reported revenues for the six month period of $247,865, a 147% increase over the comparable period in 2007. Avalon’s revenues for the three month period ending September 30, 2008, were $134,725, an increase of 134% from the prior year’s three month period ending September 30, 2007. Shareholder’s equity increased to $3,056,446, or $0.06 per share for the period ending September 30, 2008, an increase of 31% over the period ending September 30, 2007.
Research and Markets: A Financial Deal Insights Report Providing a Comprehensive Overview of the Energy & Utilities Markets for 2008 Reveals a Slowdown in Deal Activity
Research and Markets (http://www.researchandmarkets.com/research/fd2ac7/financial_deal_ins) has announced the addition of the "Financial Deal Insights Energy & Utilities 2008" report to their offering.
Terra Global Capital’s REDD Methodology Under Validation
Terra Global Capital, LLC announces that it has submitted the world’s first REDD (Reduced Emissions from Degradation and Deforestation) methodology for validation to the Voluntary Carbon Standard (VCS). The methodology was developed in collaboration with Community Forestry International Inc. It defines how carbon offsets generated by activities that reduce deforestation and forest degradation can be calculated, monitored, and verified under the highly rigorous VCS AFOLU (Agriculture, Forestry and Other Land Use) guidelines.
Research and Markets: Inform Your Business Decisions With Water Utilities in Spain Report
Research and Markets (http://www.researchandmarkets.com/research/1cd5f5/water_utilities_in) has announced the addition of the "Water Utilities in Spain" report to their offering.
Integrated Solutions Required to Meet Energy Challenge, ExxonMobil Says in New Outlook for Energy: A View to 2030
An integrated series of solutions will be required to manage increases in global energy demand and greenhouse gas emissions that will result from population growth and economic expansion, Exxon Mobil Corporation (NYSE:XOM) said today, releasing the corporation’s Outlook for Energy: A View to 2030.
Premier Power Elects State Senator and Green Energy Advocate Kevin Murray to Board of Directors
Premier Power Renewable Energy (OTCBB:PPRW), announced today that former California state senator and green energy advocate Kevin Murray has been elected to Premier Power’s board of directors. As a California state senator, Senator Murray was a strong advocate for green energy initiatives and played a leadership role in the authoring and passing of key solar legislation. Mr. Murray authored SB1 the landmark “Million Solar Roofs” bill providing over Three Billion Dollars to expand the use of solar energy in California under which California and other solar initiatives are being based. Senator Murray worked closely with those in California state government from the governor’s office and his colleagues in the legislative branch to create the solar initiative that has made California a national and international leader in solar energy and provides a model “solar initiative” that is the blueprint for other states and countries around the world.
Penn Virginia Resource Partners, L.P. to Present at the Wachovia Pipeline and MLP Symposium
Penn Virginia Resource Partners, L.P. (NYSE:PVR) announced today that it will make a presentation at the 7th Annual Wachovia Pipeline and MLP Symposium in New York on Wednesday, December 10, 2008 at 8:50 a.m. ET.
Penn Virginia Corporation to Present at the Capital One Southcoast 2008 Energy Conference
Penn Virginia Corporation (NYSE:PVA) announced today that it will make a presentation at the Capital One Southcoast 2008 Energy Conference in New Orleans on Tuesday, December 9, 2008 at 10:20 a.m. ET.
ISO New England Projects Adequate Power Supplies to Meet Winter Electricity Demand
New England will have the resources needed to meet demand for electricity in the six-state region this winter, according to ISO New England Inc., the operator of the region’s bulk power system and wholesale electricity markets.
Thorium Power Ltd. & Punj Lloyd Group Sign Memorandum of Understanding
Thorium Power Ltd. (OTCBB: THPW), the leading developer of non-proliferative nuclear fuel technology and provider of comprehensive advisory services for emerging nuclear programs and Punj Lloyd Group, the diversified engineering, procurement & construction (EPC) conglomerate, today announced the signing of a Memorandum of Understanding (MOU).
Raser Retains Calyon Securities (USA) Inc. to Handle Growing Inquiries Regarding Development of Strategic Relationships for Raser’s Geothermal Business
Raser Technologies, Inc. (“Raser” or the “Company”) (NYSE Arca:RZ) announced today that it has retained Calyon Securities (USA) Inc. (“CSI”), a subsidiary of Calyon and a global full service institutional broker-dealer, to explore potential strategic relationships offering additional options for implementing and accelerating its development goals.