PAA Natural Gas Storage today announced that it has entered into a definitive agreement to acquire SG Resources Mississippi, LLC, (“SG Resources”). The primary asset of SG Resources is the Southern Pines Energy Center natural gas storage facility (“Southern Pines”). Total consideration is approximately $750 million. Subject to regulatory approval,...
QEP Resources, Inc. today announced that it will host a teleconference and webcast to discuss 2010 results and 4th quarter 2010 operations beginning at 11:00 a.m. EST (9:00 a.m. MST) on Thursday, February 24, 2011. QEP plans to issue its 4th quarter 2010 operations release Tuesday, February 22, 2011 and its full-year 2010 earnings release Wednesday,...
Cyclone Power Technologies reported exceedingly positive feedback at the recent Power-Gen International conference from customers, manufacturers and suppliers for its waste heat recovery and waste oil power generators offered by Phoenix Power Group LLC (PPG) and Clean Burn Inc. “We felt the show was an absolute success in terms of creating awareness...
SolarEdge Technologies, an innovative solar power harvesting start-up, today announced the company’s highly anticipated PV energy harvesting system will be revealed for the first time at Intersolar Munich 2009, taking place next week from May 27-29. Leading up to the conference, SolarEdge Chairman, CEO and Founder Guy Sella will give a featured presentation...
Constellation Energy announced it has reached a definitive agreement to sell its Houston-based downstream natural gas unit to Macquarie Group. Terms were not disclosed. The pending divestiture is one of several strategic initiatives the company has undertaken in recent months to reduce risk in its merchant businesses and improve liquidity through the...
Representatives from three leading international solar companies and the United Nations Environment Program (UNEP) — Dr. Zhengrong Shi, Suntech’s Chairman and CEO, Jeremy Leggett, Executive Chairman of Solarcentury, Mike Ahearn, Chairman and CEO of First Solar, and Achim Steiner, UNEP Executive Director — gathered at the United Nations...
At today’s 2008 International Work Boat Conference, American Electric Technologies Inc., the premium supplier of custom-designed power delivery solutions for the traditional and alternative energy industries, announced it has entered into an alliance agreement with Five Star Services Ltda. of Macae, Brazil and Lifting Services Ltda. of Niteroi,...
China Sunergy Co., Ltd. a specialized solar cell manufacturer based in Nanjing, China, today provided an update on the Company’s cash position and liquidity as of September 30, 2008. Despite challenging economic conditions, the Company continued to improve in liquidity in the third quarter. As at September 30, 2008, China Sunergy had cash and...
Gulf Publishing Company announced it will hold the next Energy Executives Operational Insights Breakfast Forum on Thursday, December 4 in Houston, Texas. The forum, titled “From Upstream to Downstream: Industry Outlook 2009,” will provide a condensed yet comprehensive picture of the outlook for the entire energy industry for 2009 and beyond. Panelists...
SulphCo, Inc. announced that it has exercised its option to extend the term of the license agreement dated November 9, 2007 with Industrial Sonomechanics, LLC (“ISM”) covering ISM’s patented ultrasound horn and reactor technology. The term has been extended to the date on which the ISM patents expire. Under the terms of the License...