TNK-BP partners reject BP’s Rosneft olive branch

BP’s partners in Russian joint venture TNK-BP have rejected a peace proposal by the British oil major to involve them in talks on joining a disputed BP alliance with Russia’s Rosneft. The TNK-BP board met in Paris on Saturday to consider a new proposal from BP’s representatives concerning a partnership with Rosneft, Russia’s... 

Energees Investments and Regal Petroleum Announce Increased Recommended Partial Cash Offer

Not for Release, Publication or Distribution in, Into or From Any Jurisdiction Where to do so Would Constitute a Violation of the Relevant Laws of Such Jurisdiction – Following the announcement on 10 December 2010 of a recommended cash offer for Regal, Energees Investments (the principal holding company of the Smart Holding Group)... 

Alliance Resource Partners, L.P. and Alliance Holdings GP, L.P. Announce Fourth Quarter 2010 Earnings Conference Call

Alliance Resource Partners, L.P. and Alliance Holdings GP, L.P. will report their fourth quarter 2010 financial results before the market opens on Friday, January 28, 2011. Alliance management will discuss fourth quarter earnings during a conference call beginning at 10:00 a.m. Eastern that same day. To participate in the conference call, dial (866)... 

Rising Heating Oil Costs Result in Record Savings with Wood Pellets

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... 

Honeywell’s UOP and China National Petroleum Corp. to Collaborate on Biofuels Projects in China

UOP LLC, a Honeywell company, announced that it signed a memorandum of understanding with China National Petroleum Corp. (CNPC) under which the two companies will collaborate on a range of biofuels technologies and projects in China. Under the terms of the agreement, announced at the 20th meeting of the China-U.S. Joint Commission on Commerce and Trade... 

Hydrogen milestone could help lower fossil fuel refining costs

Hydrogen researchers at the U.S. Department of Energy’s Idaho National Laboratory have reached another milestone on the road to reducing carbon emissions and protecting the nation against the effects of peaking world oil production. Stephen Herring, laboratory fellow and technical director of the INL High Temperature Electrolysis team, today announced... 

Energy Recovery, Inc. PX Devices to Be Implemented at Southern Seawater Desalination Plant in Australia

Energy Recovery, Inc., a leader in the design and development of energy recovery devices for desalination, today announced that its PX Pressure Exchanger™ (PX™) devices will be implemented at the Southern Seawater Desalination Plant (SSDP) in Western Australia. To be constructed by the Southern Seawater Alliance (SSWA) — a joint venture between... 

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... 

Foster Wheeler to Supply Heat Recovery Steam Generator in Spain

Foster Wheeler Ltd. announced that a subsidiary of its Global Power Group has been awarded a contract for a heat recovery steam generator (HRSG) by UTE IBERESE-SOMAGUE — a business alliance formed between Iberese and the constructor, Somague, a Portuguese subsidiary of the Spanish construction group Sacyr Vallehermoso. The boiler will be integrated... 

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...