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.... 

Tags: australian subsidiaries, Chevron, Chevron Corporation, gas lng, liquefied natural gas, source of energy

Valcent Products Inc. Announces Debt Settlement and is Now Quoted Exclusively on the OTCQB

Valcent Products Inc. announced today that it has settled US $2,345,498 of debt through the issuance of 15,636,656 units at US $0.15 per unit. Each unit consists of one common share and one half warrant. One whole warrant is exercisable for period of two years into one common share at US $0.25. In addition, lock-up arrangements have been reached with... 

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MACSEA Offers New Marine Solution for Measuring Hull Paint Performance

Ship owners, ship operators, and ship managers realize that hull fouling causes drag-related speed loss and increased fuel consumption when more power is delivered in order to maintain ship schedules. Hull fouling is also a topic of growing environmental concern and international regulation as it relates to green house gas emissions and the carriage... 

Tags: data acquisition, dynamometer, fuel consumption, green house gas emissions, hull paint, intelligent decisions, power absorption, power fuel, ready solution, shaft power, ship managers, ship operators, ship owners, ship performance, ship schedules, shipping companies, shipping management, speed loss, speed propeller

Inflation spike won’t last, Bernanke says

A recent increase in U.S. inflation is driven primarily by rising commodity prices globally, and is unlikely to persist, Federal Reserve Chairman Ben Bernanke said on Monday. The comments stood in sharp contrast to a string of U.S. central bank officials, some of whom have argued the time is coming for the Fed to begin tightening monetary policy. Earlier... 

Tags: central bank officials, commodity prices, consumer price index, demand factors, drawing the line, federal reserve chairman ben bernanke, inflation expectations, monetary policy, stimulus

CAMAC Statement on Events in the Congo

The management of CAMAC is gratified to learn that all remaining passengers, flight crew and its corporate aircraft have been released by officials in the Democratic Republic of Congo. The release was not based on an admission of guilt by anyone associated with this incident and the Congolese government filed no charges of wrongdoing. CAMAC had no... 

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Juhl Wind, Inc. Reports Results for the Twelve-Month Period Ended December 31, 2010

Juhl Wind, Inc. the Leader in Community Wind Power, today announced its results for the year ended December 31, 2010. “We are very pleased to report our results for the 2010 fiscal year,” stated Dan Juhl, Chairman and CEO of Juhl Wind, Inc. “By adding the bulk of construction on three major wind farms and one of our smaller wind... 

Tags: balance sheet, danielson, development construction, economic environment, farm operations, farm projects, financings, independent developers, launch, megawatt wind farm, new wind, subsequent events, valley view, wind development, wind farms, Wind power, wind projects, wind systems, year ended december

Update: General Maritime Corporation Announces Proposed Public Offering of Common Stock

General Maritime Corporation today announced that it has commenced a public offering of primary shares of its common stock, par value $0.01 per share (the “Common Stock”). The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the... 

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Corridor Announces 2010 Year End Results and Reserves and Provides Update

Corridor Resources Inc. announced today its 2010 year end financial results and reserve evaluations. Corridor’s annual financial statements, management’s discussion and analysis and Annual Information Form for the year ended December 31, 2010 have been filed on SEDAR at www.sedar.com and are available on Corridor’s website at www.corridor.ca.  Read More →

Tags: annual financial statements, annual information form, corridor resources, evaluations, Resources Inc., year end, year ended december

U.S. nuclear agency plans safety review of reactors

The top U.S. nuclear regulator on Wednesday approved the launch of a safety review of U.S. nuclear reactors sought by President Barack Obama in response to the ongoing crisis at Japan’s Fukushima plant. The Nuclear Regulatory Commission voted to create an agency task force made up of current and former commission experts that will review the information... 

Tags: electricity companies, fukushima, magnitude earthquake, major meltdown, nuclear agency, nuclear plant, nuclear plants, nuclear regulator, Nuclear Regulatory Commission, public health and safety

Obama’s Visit to Brazil Yields ‘Encouraging’ Renewable Fuels Cooperation, According to Brazilian Sugarcane Industry Association

Two important announcements involving renewable energy made on the opening day of U.S. President Barack Obama’s official visit to Brazil, both directly relevant to Brazil’s successful sugarcane ethanol industry, are encouraging signs that Brazil and the U.S. are on a path to achieve free, unobstructed trade for clean, renewable biofuels.... 

Tags: embraer aircraft, energy solutions, engine manufacturer, greenhouse gas emissions, key goals, memorandum of understanding, private sector partnerships, reducing greenhouse gas emissions, renewable biofuels, sugarcane ethanol, sugarcane industry