Lucas Energy Board Approves $6 Million 2011 Capital Budget

Lucas Energy, Inc. , an independent oil and gas company, reported today that its directors have approved a record level $6 million capital expenditure budget for 2011. “We are excited about the approval and content of our 2011 capital program, which was funded through a recent equity offering,” commented William A. Sawyer, president and... 

Tags: acquisitions management, capital expenditure budget, energy inc, horizontal wells, independent oil, oil and gas, oil and gas company, oil production, property acquisitions

Energy Quest, Inc. Gasifcation Process Can Produce Biochar

Energy Quest, Inc. , an emerging leader in alternative energy and the development and production of hydrogen-enriched alternative fuels in an environmentally responsible manner, announced today its gasification process can produce Biochar from agricultural wastes and other biomass. Using Biochar as a soil amendment is an excellent way to enhance crop... 

Tags: agricultural waste, agricultural wastes, bio energy, biomass fuel, climate scientist, energy plant, energy quest, forestry residues, fossil fuel energy, gasification process, gasifier, research scientist, soil amendment

Oil climbs above $92, anticipates economic growth

Oil climbed above $92 on Monday to its highest since October 2008, spurred on by expectations economic recovery will boost energy demand and as market bulls set their sights on $100 a barrel. U.S. crude was 86 cents higher at $92.24 a barrel by 1438 GMT, off a session high of $92.39. It settled at $91.38 on Friday, marking an annual gain of around 15... 

Tags: asia and europe, bulls, Economic Growth, economic numbers, economic recovery, energy demand, export orders, gmt, institute for supply management, ism, manufacturing sector, price moves, singapore data, strategist, United Kingdom, year end

Spectra Energy Files FERC Application for New Jersey-New York Expansion

Spectra Energy Corp today filed an application with the Federal Energy Regulatory Commission (FERC) for the expansion of its Texas Eastern Transmission and Algonquin Gas Transmission interstate pipeline systems to transport new, critically needed natural gas supplies to high demand markets in northern New Jersey and New York City.The New Jersey-New... 

Tags: air quality improvements, chief executive officer, commercial sectors, Federal Energy Regulatory Commission, federal energy regulatory commission ferc, interstate pipeline, interstate transmission, natural gas price, pipeline infrastructure, regional air quality, Spectra Energy Corp, supply options

Hiroshi Development, LLC Closes Initial $300 Million to Fund Renewable Energy and Technology Projects

Hiroshi Development, LLC addresses an opportunity in the renewable energy market that neither traditional private equity nor venture capital investors currently address. Renewable energy financings require a strong understanding of project equity, senior and subordinated debt structures, regulatory compliance, fuel supply and power purchase agreements.... 

Tags: attractive investment opportunity, benefits of renewable energy, efficient energy, energy assets, financing renewable energy, gas price, Hiroshi Development, Natural Gas, natural gas prices, renewable energy, renewable energy market, renewable energy project, renewable energy projects, venture capital investors, volatile energy market

Business and Environmental Groups Unite in Support of Climate Legislation

Exelon Chairman and CEO John W. Rowe and Natural Resources Defense Council President Frances G. Beinecke today urged Midwest business leaders to support comprehensive climate legislation. In a panel discussion at the Economic Club of Chicago, Rowe and Beinecke said economy-wide cap-and-trade legislation to reduce greenhouse gas emissions is essential... 

Tags: Action on climate change, carbon finance, Climate change, Congress, Economic Club of Chicago, Edison Electric Institute, Emissions trading, energy, Environment, Environmental Protection Agency, Exelon Corporation, Frances G. Beinecke, Global warming, greenhouse gas emissions, Individual and political action on climate change, John W. Rowe, Low-carbon economy, Mitigation of global warming, National Commission on Energy Policy, Natural Resources Defense Council, Nuclear Energy Institute, Oil Energy, steel, steel towns, Thomas Paine, toxic chemicals, U.S. Climate Action Partnership

World Energy Brokers 1.4 Million CER Deal over the World Green Exchange

World Energy Solutions, Inc., an operator of online exchanges for energy and green commodities, today announced it has successfully brokered a purchase agreement for over 1.4 million certified emissions reductions (CERs) on the World Green Exchange®. The deal, significant in both volume and revenue, was conducted on behalf of B-road International... 

Tags: bio-gas, business to business, carbon finance, Carbon footprint, Carbon offset, Carbon project, China, Clean Development Mechanism, Commercial International Investment Company, COzero, Emissions trading, energy, Environment, Green Energy, Helena Deng, Kenneth Ivanic, Kuihuan Deng, Nicholas Armstrong, online exchanges, project developer, quality buyers, World Energy Solutions Inc.

Can CA Economy Afford Climate Policies?

As political pressure mounts to delay California’s ambitious global warming policies, a new report from University of California researchers examines the economic impacts of putting the Governor’s climate program on hold. Energy Prices and California’s Economic Security, a project sponsored by Next 10, a nonpartisan, nonprofit organization,... 

Tags: crude oil prices, David Roland-Holst, economy-wide forecasting tool, Efficient energy use, Electricity, electricity costs, energy, energy development, energy economics, Energy Efficiency, energy efficiency trends, energy markets, energy mix, energy policy, energy price, Environment, F. Noel Perry, Fossil fuel, fossil fuel energy prices, higher energy prices, official fossil fuel energy price, renewable energy, Renewable energy commercialization, renewable energy development, state energy mix, U.S. Department of Energy, U.S. Department of Energy's AEO, UC Berkeley, University of California

China Energy Recovery Completes a New $3.3 Million Project for a Repeat Customer

China Energy Recovery, Inc., a leader in the waste heat energy recovery sector of the industrial energy efficiency industry, announced today that it has successfully completed an EPC (Engineering, Procurement and Construction) project (the “Project”) for a new specialty sulfuric acid plant, operated by Jiahua Chemical (“Jiahua”),... 

Tags: China Energy Recovery Inc., Electricity, electricity generation capacity, energy, energy costs, Energy Efficiency, energy recovery, energy recovery systems, energy use, industrial energy efficiency industry, Jiahua Chemical, Qinghuan Wu, technological applications, United States, usable heat energy, waste energy, waste heat energy recovery sector, waste heat recovery systems, wasted energy

Amerex Energy Services and Armstrong Service Join Forces to Reduce Customers’ Energy Costs

Amerex Energy Services, the nation’s premier energy consulting company has joined forces with Armstrong Service, Inc. (ASI), a global leader in utility system optimization to provide a full-service energy offering designed to reduce all aspects of customer energy costs, in both physical usage and the actual price of the energy commodity itself. The... 

Tags: Alliance, Amerex Energy Services, Armstrong Service Inc., cost-saving energy acquisition, customer energy costs, customer specific energy acquisition program, energy, energy commodity, energy consulting, energy consulting services, energy consumption, energy management program, excessive energy waste, Hazen Kreis, North America, Rush Bergman