Tecogen has signed its first long-term sales representation agreement in the European Union. Hydrochem Sp. z o.o., based in Warsaw will represent Tecogen’s combined heat and power (CHP) products in Poland, and the Baltic republics (Lithuania, Latvia, and Estonia). Concurrent with the signing, Hydrochem has placed its initial purchase order for one (1) Tecogen CM-100 [...]
The U.S. electric utility industry faces an “unprecedented convergence of new federal environmental rules – unprecedented in scope of change and compression of deadlines,” Progress Energy Chairman, President and CEO Bill Johnson told utility regulators Monday in Washington. And the “current fragmented approach, coupled with rapid-compliance deadlines, is a recipe for inefficiency, system reliability challenges [...]
EDF Energies Nouvelles announces the signature of an agreement with Xcel Energy to build two wind farms, namely a 201 MW facility in Minnesota to be delivered in 2010 and a 150 MW wind farm in Dakota to be delivered in 2011.
The agreement between enXco, the US subsidiary of EDF Energies Nouvelles, and Xcel Energy, [...]
XOJET– one of the world’s fastest growing private aviation companies, built on a unique business model that combines private jet ownership, leasing and on-demand travel – announced it has reduced by 9% the fuel surcharge for on-demand flights that it put in place in the wake of record-high oil prices. The reduction will save clients [...]
StatoilHydro ASA announced that in connection with the transfer of legal ownership of its Norwegian Continental Shelf (“NCS”) assets to its wholly-owned Norwegian subsidiary, StatoilHydro Petroleum AS (“StatoilHydro Petroleum”), effective as of January 1, 2009 StatoilHydro Petroleum has become a co-obligor or guarantor under StatoilHydro’s debt securities (as listed below). The transfer simplifies the [...]
Northern Offshore, Ltd. announced that its subsidiary, Northern Offshore U.K. Ltd., was awarded a contract with Ithaca Energy (UK) Limited (“Ithaca”), a subsidiary of the Canadian independent oil and gas company Ithaca Energy Inc., for the jackup Energy Enhancer. The one well tie back and completion program in the Jacky Field, Inner Moray Firth, [...]
New Generation Biofuels Inc. announced today that it has entered into a Test Burn Agreement with Progress Energy Florida to demonstrate its proprietary biofuel technology in utility boiler applications.
The Agreement calls for New Generation Biofuels to supply its biofuel for a test program that will be performed in early 2009 at Progress Energy Florida’s Bartow [...]
As homes heating with oil are facing record-level heating bills, consumers heating with wood pellets are suddenly realizing record savings.
This January, Popular Mechanics introduced “the high tech, carbon-neutral alternative fuel of the future” – wood. Providing environmental and economic benefits, and a level of convenience unmatched by traditional wood stoves, over a million US homes [...]
Delek US Holdings, Inc., a diversified energy company with assets in the petroleum refining, marketing, supply and retail industries, today announced that its Board of Directors voted to declare a quarterly cash dividend of $.0375 per share, payable on September 17, 2008, to shareholders of record on August 27, 2008.
Delek US Holdings, Inc. is a [...]
Unite members employed at Sellafield in Cumbria have voted overwhelming for industrial action in a dispute over pay.
88% of the workers have voted in favour of strike action after management failed to increase a pay offer of 2% on basic rates previously rejected by 90% of workers.
Unite is urging Sellafield management to improve the offer [...]