Suntech Brings Solar to Switzerland with Sunergic

Suntech Power Holdings Co., Ltd. the world’s largest manufacturer of crystalline silicon photovoltaic (PV) modules, announced today that it will supply Sunergic SA, one of Switzerland’s leading solar system integrators, with the solar panels for a 1MW solar system for Services Industriels de Geneve (SIG), a Swiss utility. The SIG 1MW solar project is one of the largest in Switzerland to... 

Quicksilver Resources and Eni Form Strategic Alliance to Develop Unconventional Natural Gas Resources

Quicksilver Resources Inc. announced today that it has formed a strategic alliance with major integrated energy company Eni for acquisition, development and exploitation of unconventional natural gas resources in an area covering approximately 270,000 acres surrounding Quicksilver’s Alliance properties in the Fort Worth Basin. The parties have executed a definitive purchase agreement whereby... 

Springboard Biodiesel Announces Patent-Pending Biodiesel Processing Acceleration Technology

Springboard Biodiesel, announced today that it has developed patent-pending biodiesel processing acceleration technology that doubles the capacity of its BioPro biodiesel processors. Springboard Biodiesel’s processing line will now comfortably serve users with an even broader range of processing needs — up to 36,000 gallons annually — while providing compelling economic returns. Using... 

Universal Energy Corp. Launches Aggressive 2009 Acquisition Plan

Universal Energy Corp., an emerging U.S. oil and gas exploration and production company, announced today the launch of its acquisition plan for 2009. “The decline in commodity prices over the past few months has brought about opportunities like I’ve never seen before,” commented Billy Raley, Chief Executive Officer of Universal Energy Corp. Raley continued, “We fully intend... 

Teekay LNG Partners Announces Pricing of Follow-On Offering

Teekay LNG Partners L.P. announced that it has priced its follow-on public offering of 4,000,000 common units, which represent limited partner interests, at $17.60 per unit. Teekay LNG has granted the underwriters a 30-day option to purchase up to an additional 600,000 units to cover over-allotments, if any. The Partnership expects to use the proceeds of the offering to repay amounts outstanding on... 

Canasia Power Develops 4,000MW of Clean-Coal Power In India

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 Indian economy continues to expand. Canasia Power... 

Oilsands Quest announces filing of disclosure documents

Oilsands Quest Inc. announces that it has filed its Form 10-K/A, amended annual report for the fiscal year ended April 30, 2008. In conjunction with the filing of the Form 10-K/A, the Company will be separately refiling, with Canadian securities commissions, its statement of oil and gas information for the year ended April 30, 2008 and the related report of its external qualified resource evaluators... 

Ivanhoe Energy’s estimated oil sands resource increased by 81% at Tamarack Project in Alberta

Robert Friedland, Executive Chairman, President and Chief Executive Officer, and Ed Veith, Executive Vice President, Upstream, of Ivanhoe Energy Inc., announced that a recently completed evaluation by independent engineers has estimated that Ivanhoe Energy’s Tamarack Project, in the Athabasca region of Western Canada, contains best-estimate contingent resources of 441 million barrels of bitumen.... 

Military Licensee Advent Power Systems Delivers Final License Fee to Cyclone Power

Cyclone Power Technologies announced that Advent Power Systems has made its final base payment to Cyclone under its Technology License Agreement. The timely delivery of this license fee secures for Advent the continuing rights to pursue power and motive applications for the Cyclone Engine with the U.S., European and Israeli military establishments, as well as large biomass applications. As Cyclone’s... 

Longhorn Experiences Marked Increase in Shipments of Product to Southwestern Markets

Longhorn Pipeline Inc., a wholly-owned subsidiary of Flying J Inc., reported that there has been a marked increase in recent shipment activity since Flying J secured a revolving DIP facility with Merrill Lynch on February 27. As part of this arrangement, Longhorn has been granted extended use of line fill inventory and cash collateral that was financed by Merrill Lynch prior to Longhorn’s chapter...