Chevron Welcomes Shell to the Wheatstone Project

April 11, 2011
Chevron Welcomes Shell to the Wheatstone Project

Chevron Corporation today announced the signing of agreements with Shell Development (Australia) Pty Ltd to bring Shell into the Chevron-operated Wheatstone Project as a natural gas supplier and equity participant. George Kirkland, vice chairman, Chevron Corporation, said, “Chevron is pleased to welcome another participant into the Wheatstone Project.... 

Dresser-Rand Announces Plan to Acquire Grupo Guascor S.L. (“GG”)

March 4, 2011
Dresser-Rand Announces Plan to Acquire Grupo Guascor S.L. ("GG")

Dresser-Rand Group Inc., a global supplier of high-speed rotating equipment and service solutions, announced today that it has signed a Share Purchase Agreement (“SPA”) to acquire Grupo Guascor S.L. (“GG”) for an enterprise value of euro 500 million ($690 million) in a cash and stock transaction. The enterprise value includes... 

Support of Algae Biofuels as Viable Source of Green Energy Gains Momentum

August 17, 2010
Support of Algae Biofuels as Viable Source of Green Energy Gains Momentum

In the world of biofuels, 2010 is officially the year of the autotrophic organism as dozens of companies and academic laboratories race to transform algae into a source of viable green energy, according to Algae Biofuels Production Technologies Worldwide by leading industrial market research firm SBI Energy. The endgame of these research efforts —... 

Natural Resources Canada: Government of Canada Invests in Saskatchewan Biofuels

November 10, 2009
Natural Resources Canada: Government of Canada Invests in Saskatchewan Biofuels

Thanks to an investment by the Government of Canada, up to $77.75 million over seven years will support the production of ethanol in Saskatchewan, sustain job creation and help stimulate the economy. Ray Boughen, Member of Parliament for Palliser, on behalf of the Honourable Lisa Raitt, Canada’s Minister of Natural Resources, today announced that... 

Honeywell’s UOP and China National Petroleum Corp. to Collaborate on Biofuels Projects in China

November 4, 2009
Honeywell's UOP and China National Petroleum Corp. to Collaborate on Biofuels Projects in China

UOP LLC, a Honeywell company, announced that it signed a memorandum of understanding with China National Petroleum Corp. (CNPC) under which the two companies will collaborate on a range of biofuels technologies and projects in China. Under the terms of the agreement, announced at the 20th meeting of the China-U.S. Joint Commission on Commerce and Trade... 

OriginOil Announces the Completion of Phase 1 Research Project with Department of Energy’s Idaho National Laboratory

October 7, 2009
OriginOil Announces the Completion of Phase 1 Research Project with Department of Energy's Idaho National Laboratory

OriginOil, Inc. (OOIL), the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, today announced the completion of Phase 1 of a Cooperative Research and Development Agreement (CRADA) with the U.S. Department of Energy’s Idaho National Laboratory (INL). OriginOil... 

Mascoma Expanding Its Leadership Team as Company Accelerates Towards Commercialization

August 20, 2009
Mascoma Expanding Its Leadership Team as Company Accelerates Towards Commercialization

Mascoma Corporation announced several management reconfigurations, as the company moves into its commercial development phase. Mascoma has developed proprietary technology, called Consolidated Bioprocessing (CBP), which enables the production of sustainable, low carbon cellulosic ethanol. This technology has been proven in Mascoma’s Rome, New York... 

Earth Biofuels Acquires Ownership in American Petrox, Inc.

February 12, 2009
Earth Biofuels Acquires Ownership in American Petrox, Inc.

Earth Biofuels, Inc. announced it has acquired a 40% ownership stake in American Petrox, Inc., based in Plano, Texas. API is a fuel supply company specializing in the supply of gasoline and diesel fuel to the aviation industry. API has supplied aviation companies such as American Airlines, Delta Airlines, and Continental Airlines with fuel for ground... 

Obama Administration Pushes Accelerator for Renewable Fuels

January 22, 2009
Obama Administration Pushes Accelerator for Renewable Fuels

The inauguration of Barack Obama as the new President of the United States yesterday has combined with Canadian efforts to spark a North American explosion in the growth of renewable fuels, says Gordon Quaiattini, President of the Canadian Renewable Fuels Association (CRFA). “When President-elect Obama took the oath of office, a new North American... 

PetroSun BioFuels Commences Mississippi River Delta Aquaculture Lease Program

January 20, 2009
PetroSun BioFuels Commences Mississippi River Delta Aquaculture Lease Program

PetroSun, Inc. announced that PetroSun BioFuels, Inc., a wholly owned subsidiary, has executed the initial lease in the Mississippi River Delta Aquaculture Lease Program. The 744.69 surface acres of former catfish ponds are located in Humphreys County, Mississippi, near the town of Belzoni. PetroSun BioFuels has authorized the leasing of up to 60,000... 

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