Russian 2010 oil output hits post-Soviet record

Russian oil output rose by 2.2 percent in 2010 to a record 10.1 million barrels per day (505.193 million tonnes) as higher prices prompted the world’s top oil exporter to ramp up production at its greenfield sites. The growth in crude production surprised many analysts, who had expected 1.1 percent on average, when polled just before the start... 

Russia in milestone oil pipeline supply to China

Russia, the world’s top crude exporter, said it had begun scheduled oil shipments to China via an East Siberian link on Saturday as the Kremlin cements ties with its energy-hungry neighbor. So far, Russia’s 50,000-km oil pipeline network has been concentrated in West Siberia and run toward Europe. With the commissioning of the Eastern Siberia... 

First Star Resources welcomes Mr. William Majcher to the Board

First Star Resources Inc. wishes to announce a new addition to the board of directors as part of its on going business plan to continue to expand and enhance its International representation. Effective immediately, the board of First Star Resources has been arranged as follows: Mr. Robert Gardner as Chairman and CFO, Mr. John Campbell, President and... 

Yingli Green Energy Announces Redemption of Its Zero Coupon Convertible Senior Notes Due 2012

Yingli Green Energy Holding Company Limited , a leading solar energy company and one of the world’s largest vertically integrated photovoltaic manufacturers, which markets its products under the brand “Yingli Solar,” today announced that in December 2010, it re-purchased US$171.3 million aggregate principal amount of its zero coupon... 

ET Solar Signs 370MW Solar Cell Procurement Agreement with Neo Solar

ET Solar Group Corp. , a leading China-based photovoltaic (“PV”) system turnkey solution provider and integrated manufacturer of PV products, announced a long term procurement agreement with Neo Solar Power Corp. (“Neo Solar”) for a total volume of 370MW solar cells between 2011 and 2013. During the agreement signing ceremony,... 

China Integrated Energy Appoints KPMG as its Independent Auditor

China Integrated Energy, Inc. a leading non-state-owned integrated energy company in China, after receiving the approval from the Audit Committee of the Company’s board of directors, has dismissed Sherb & Co., LLP (“Sherb”) and engaged KPMG, LLP, as its independent auditor. The dismissal of Sherb & Co., LLP as the Company’s... 

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... 

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... 

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... 

NF Energy Saving Corporation Obtains New $2 Million Energy Efficient Lighting Lamps Project

NF Energy Saving Corporation of America, a Chinese leader in energy efficient flow control systems and energy efficiency projects, today announced the company has successfully completed the sale of 500,000 energy efficient lighting lamps, and is starting up the 2nd batch of 2 million energy efficient lighting lamps in June 2009. Total contract value...