Fuel Tech Signs License Implementation Agreement in Mexico

Fuel Tech, Inc., a world leader in advanced engineering solutions for the optimization of combustion systems in utility and industrial applications, today announced that it has signed a license implementation agreement with Energy Marine Services, S.A. de C.V. (EMS), a private Mexican corporation. The agreement replaces a former distribution arrangement in Mexico. Under the license implementation agreement,... 

Exterran Holdings and Exterran Partners Report Second Quarter 2008 Results

August 6, 2008 Filed Under: Energy Storage, Natural Gas, Oil Energy  

Exterran Holdings reported net income for the second quarter 2008 of $21.7 million, or $0.33 per share, including $31.8 million in pretax charges, or approximately $0.29 per share, for estimated cost overruns in the fabrication segment. Net income was $49.4 million, or $0.73 per share, for the first quarter 2008 and $26.1 million, or $0.71 per share, for the second quarter 2007. Revenue was $812.2... 

Holly Corporation Reports Second Quarter Results

August 6, 2008 Filed Under: Energy Companies, Energy Prices, Energy Suppliers  

Holly Corporation reported second quarter net income of $11.5 million ($0.23 per basic and diluted share) compared to $158.6 million ($2.89 per basic and $2.84 per diluted share) for the same period of 2007. For the six months ended June 30, 2008, net income was $20.1 million ($0.40 per basic and $0.39 per diluted share) compared to $226.2 million ($4.11 per basic and $4.03 per diluted share) for... 

BP and Verenium Announce Significant Partnership to Accelerate the Commercialization of Cellulosic Ethanol

BP and Verenium Corporation announced the creation of a strategic partnership to accelerate the development and commercialization of cellulosic ethanol. The partnership combines a broad technology platform and operational capabilities in an effort to advance the development of a portfolio of low-cost, environmentally sound cellulosic ethanol production facilities in the United States, and potentially... 

Akeena Solar Announces Second Quarter 2008 Results

August 6, 2008 Filed Under: Electricity, Solar Energy  

Akeena Solar, Inc., a leading designer and installer of solar power systems, today announced results for the second quarter of 2008. “Second quarter results highlight our emphasis on residential solar power installations and the continued growth in that market. Second quarter revenues of $7.1 million reflect a 6.5% sequential increase in residential installations, but were overshadowed by a decline... 

ProSep provides corporate update

August 6, 2008 Filed Under: Natural Gas, Oil Energy  

ProSep Inc., dedicated to providing process solutions to the oil and gas industry, announced that it has signed new contracts with customers in each of its business units totaling $2 million in value. ProSep will be providing the oil and gas companies with process equipment and services to support their upstream production activities. As a result of the contracts, ProSep’s revenue backlog has... 

Ultra Petroleum Corp. Announces Second Quarter 2008 Results Conference Call

August 6, 2008 Filed Under: Natural Gas, Oil Energy  

In conjunction with Ultra Petroleum Corp.’s Second Quarter 2008 results release, you are invited to listen to its conference call that will be broadcast live over the internet on Wednesday, August 6, 2008 at 11:00 a.m. Eastern Daylight Time. Ultra Petroleum Corp. announces the following webcast: What: Ultra Petroleum Corp. Webcast When: August 6, 2008 @ 11 a.m. Eastern Where:... 

AMSC Enters Power Market in Turkey with Wind Turbine License to Model Enerji Ltd.

American Superconductor Corporation, a leading energy technologies company, announced today that it has licensed its proprietary WT1650 wind turbine design to Model Enerji Ltd., Turkey’s first megawatt-class wind turbine manufacturer. Under the terms of the contract, Model Enerji has exclusive rights to manufacture, sell, install, operate and maintain the WT1650 in Turkey and has non-exclusive rights... 

EnDevCo Issues Corporate Update

EnDevCo, Inc., the Energy Development Company, is pleased to update its shareholders and the investment community on the developments that have taken place over the last year and its current status as the Company continues to execute its business plan and corporate goals. “We have experienced tremendous growth over the last twelve months and would like to identify for our current shareholders... 

Bristow Group Announces Agreement to Sell Aircraft

August 6, 2008 Filed Under: Natural Gas, Oil Energy  

Bristow Group Inc., a leading provider of helicopter services to the offshore energy industry, today announced it has executed an agreement to sell 53 single-engine aircraft and related assets operating in the U.S. Gulf of Mexico to Rotorcraft Leasing Company, L.L.C. for $65 million. The sale is anticipated to result in a pre-tax gain of roughly $40 million or $0.75 per diluted share, after tax. This...