OriginOil, Inc. the developer of breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, today announced it has received the first commercial order to deploy its algae oil extraction system in an industrial setting. MBD Energy (MBD) recently committed to purchase an initial OriginOil...
Platts – China’s apparent oil demand* in December rose 18% year over year to a record 40.73 million metric tons (mt), or an average 9.6 million barrels per day (b/d), with both crude throughput and net oil product imports rising, according to just-released Platts’ analysis of the latest official data. Oil demand in December was also up...
Alliance Resource Partners, L.P. and Alliance Holdings GP, L.P. will report their fourth quarter 2010 financial results before the market opens on Friday, January 28, 2011. Alliance management will discuss fourth quarter earnings during a conference call beginning at 10:00 a.m. Eastern that same day. To participate in the conference call, dial (866)...
The Riverstone/Carlyle Global Energy and Power Funds, a group of energy-focused private equity funds managed by Riverstone Holdings LLC (“Riverstone”), announced today that it has completed the acquisition of USA Compression Holdings, LP, the parent company of USA Compression Partners, LLC (“USA Compression” or the “Company”),...
CH2M HILL, a global full-service engineering, procurement, construction, and operations firm, today announced it has been selected by PacifiCorp as the engineering, procurement, and construction contractor for installation of new emission control equipment at its 365-megawatt coal-fueled Wyodak power plant, located near Gillette, Wyoming. This equipment,...
The Pennsylvania Coal Association (PCA) unanimously voted at its annual board meeting to oppose the federal climate change legislation (H.R. 2454, the Waxman-Markey bill or the American Clean Energy and Security Act of 2009), which now is before the U.S. Senate. The statewide association of coal companies said the fundamental problem with Waxman-Markey...
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...
Quest Minerals & Mining Corp., a Kentucky based operator of energy and mineral related properties, announced that the U.S. Bankruptcy Court for the Eastern District of Kentucky has approved the Second Amended Disclosure Statement and Third Amended Plan of Reorganization for Quest’s subsidiary, Gwenco, Inc. The Court also authorized Gwenco...
Weststar Resources Corp. announce the acquisition, subject to TSX Venture Exchange approval, of a 100% interest in six Coal Exploration Licence applications, located on the Bache Peninsula, Ellesmere Island, Nunavut Territory. The Exploration Licences cover an area of approximately 450 square kilometers (45,000 hectares) with the final land package...
Homeland Energy Group Ltd. announces that GMR Energy Limited, of Bangalore India, and Homeland Energy have agreed to a further extension of the completion date by which Homeland Energy Corp. must complete the repurchase of the shares of the Company’s South African operations from GMR. The extension to February 7, 2009 is expected to allow the...