Universal Energy Corp. Launches Aggressive 2009 Acquisition Plan

Universal Energy Corp., an emerging U.S. oil and gas exploration and production company, announced today the launch of its acquisition plan for 2009. “The decline in commodity prices over the past few months has brought about opportunities like I’ve never seen before,” commented Billy Raley, Chief Executive Officer of Universal Energy... 

Tags: Billy Raley, oil and gas exploration, Supreme Resources Ltd., Universal Energy Corp.

Teekay LNG Partners Announces Pricing of Follow-On Offering

Teekay LNG Partners L.P. announced that it has priced its follow-on public offering of 4,000,000 common units, which represent limited partner interests, at $17.60 per unit. Teekay LNG has granted the underwriters a 30-day option to purchase up to an additional 600,000 units to cover over-allotments, if any. The Partnership expects to use the proceeds... 

Tags: Acquisition, class crude oil tankers, crude oil marine transportation services, energy, liquefied natural gas, liquefied petroleum gas, New York Stock Exchange, Teekay Corporation, Teekay LNG Partners L.P., Teekay Shipping Corporation

Canasia Power Develops 4,000MW of Clean-Coal Power In India

Canadian-based Canasia Power Corp. begins development of 2 ‘Mega’ 2,000MW supercritical thermal power projects in India, one in the most power deficient State of Uttar Pradesh, and the other in the most industrialized State of Gujarat. The two States, and the Country itself are projecting strong current and future demand for power as the... 

Tags: Canasia Power Corp., electricity generating power plants, Gujarat, Gujarat India, India, Uttar Pradesh, Uttar Pradesh India

Oilsands Quest announces filing of disclosure documents

Oilsands Quest Inc. announces that it has filed its Form 10-K/A, amended annual report for the fiscal year ended April 30, 2008. In conjunction with the filing of the Form 10-K/A, the Company will be separately refiling, with Canadian securities commissions, its statement of oil and gas information for the year ended April 30, 2008 and the related report... 

Tags: Alberta, Canada, canadian securities, company management, contiguous oil sands, Gas, oil and gas, oil sands, oil sands industry, Oilsands Quest Inc., Saskatchewan, Securities and Exchange Commission

Ivanhoe Energy’s estimated oil sands resource increased by 81% at Tamarack Project in Alberta

Robert Friedland, Executive Chairman, President and Chief Executive Officer, and Ed Veith, Executive Vice President, Upstream, of Ivanhoe Energy Inc., announced that a recently completed evaluation by independent engineers has estimated that Ivanhoe Energy’s Tamarack Project, in the Athabasca region of Western Canada, contains best-estimate contingent... 

Tags: Acquisition, Alberta, Allied TW Ltd, Canada, Company Name Change, Ed Veith, energy, Executive Chairman President and Chief Executive Officer, Executive Vice President, Exxon, Exxon Mobil Corporation, ExxonMobil, Fort McMurray, GLJ Petroleum Consultants Ltd, heavy oil, heavy-oil project, independent engineers, independent reservoir, Ivanhoe Energy Inc., laricina energy, Millennium, Norwest Corporation, oil sands, petroleum consultants, robert friedland, Steepbank, talisman energy, Talisman Energy Canada, Tamarack, Tamarack Ventures Inc., Upstream

Military Licensee Advent Power Systems Delivers Final License Fee to Cyclone Power

Cyclone Power Technologies announced that Advent Power Systems has made its final base payment to Cyclone under its Technology License Agreement. The timely delivery of this license fee secures for Advent the continuing rights to pursue power and motive applications for the Cyclone Engine with the U.S., European and Israeli military establishments,... 

Tags: Air Force, battery, Biomass, Cyclone Power Technologies, energy, engine technology, engineering, fuel efficiency, Gas, Harry Schoell, Harvard Business School, internal combustion engines, power systems, power technologies, raytheon company, technologies, technology, technology license

Longhorn Experiences Marked Increase in Shipments of Product to Southwestern Markets

Longhorn Pipeline Inc., a wholly-owned subsidiary of Flying J Inc., reported that there has been a marked increase in recent shipment activity since Flying J secured a revolving DIP facility with Merrill Lynch on February 27. As part of this arrangement, Longhorn has been granted extended use of line fill inventory and cash collateral that was financed... 

Tags: El Paso, flying j inc, Gulf Coast, Ion Exchange, longhorn pipeline, Longhorn Pipeline Inc., Merrill Lynch, shipment services

Aspen Aerogels Delivers Aerogel Insulation to Technip for Subsea Natural Gas Pipeline in Brazil

Aspen Aerogels has completed delivery of Spaceloft advanced thermal insulation to Technip for a 21-kilometer subsea natural gas pipeline off the coast of Brazil. Technip is building the rigid pipeline for the Brazilian state-run oil company Petrobras. The line will connect the Canapu field (1,700 meters deep) to the Cidade de Vitoria floating production... 

Tags: aerogel insulation, Aspen Aerogels, gas pipelines, Gulf of Mexico, liquefied natural gas, mexico offshore, Natural Gas, natural gas pipeline, North Sea, oil and gas, Petrobras, subsea pipelines, Technip, thermal insulation

Northern Offshore Announces New Contract Award for Jackup Energy Enhancer

Northern Offshore, Ltd. announced that its subsidiary, Northern Offshore U.K. Ltd., was awarded a contract with Ithaca Energy (UK) Limited (“Ithaca”), a subsidiary of the Canadian independent oil and gas company Ithaca Energy Inc., for the jackup Energy Enhancer. The one well tie back and completion program in the Jacky Field, Inner Moray... 

Tags: energy, energy enhancer, Gas, Gas Company, john monks, North Sea, Northern Offshore, oil and gas, oil and gas company

DTE Biomass Energy Project Begins in Ohio

Bellefontaine Gas Producers LLC today started commercial operation of its landfill gas-to-energy project at the Republic Services-owned Cherokee Run Landfill here. The renewable energy project is owned by Bellefontaine Gas Producers LLC, which is a joint venture between DTE Biomass Energy and Shaw Environmental & Infrastructure Inc. The project,... 

Tags: Biomass, biomass energy, Caterpillar, Electricity, energy, energy project, Gas, gas producer, gas-to-energy project, landfill gas-to-energy project, PJM Interconnection, regional transmission organization, renewable electricity, renewable energy, renewable energy project