Frost and Sullivan: South Korean Industrial APCE Market to Earn $221 Million by 2016

As most industries, such as power plants and steel mills, in South Korea have already installed air pollution control equipment (APCE), the growth of the market is expected to be limited between 2 and 3 percent for the next five years until 2016. New analysis from Frost & Sullivan (http://www.environmental.frost.com), Industrial Air Pollution Controls... 

Blast rocks Enterprise natgas plant in Texas

One worker was unaccounted for after explosions rocked a natural gas liquids storage complex on Tuesday in Mont Belvieu, Texas, according to the plant’s owner, which also said the main facilities were not damaged. Firefighters contained the massive fire, visible 35 miles to the west in Houston, and there were no reported injuries, Chambers County... 

Enterprise Announces 26th Consecutive Quarterly Distribution Rate Increase

Enterprise Products Partners L.P. announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.59 per common unit, or $2.36 per unit on an annualized basis. The quarterly distribution will be paid on Monday, February 7, 2011, to unitholders of record as of the... 

MDV-Mohr Davidow Ventures Backs Laurus Energy

MDV-Mohr Davidow Ventures, a leading Silicon Valley venture capital firm, announced that it has backed Laurus Energy, the North American leader in Underground Coal Gasification (UCG) project development. Laurus also announced today that top energy executive Rebecca McDonald has joined as CEO. “Given the huge demand for energy in the U.S. and abroad... 

Dow Announces Energy Plan for America

The Dow Chemical Company called for a bolder, comprehensive, bipartisan national energy policy that will help stabilize prices, strengthen the economy, increase security, clean the environment and revitalize U.S. manufacturing with the release of Dow’s Energy Plan for America. “The new Administration and Congress will need to implement a... 

OCS Energy Introduces SolarWash — The Automated Solar Panel Cleaning System

OCS Energy, Inc. introduces SolarWash(TM), the first commercially available automated photovoltaic (PV) panel cleaning system. The ground-breaking SolarWash system increases the energy output and shortens the payback for solar power investments. SolarWash attaches directly to an array of PV panels and is controlled by a microprocessor, providing PV... 

Hague Corp enters into Binding Letter of Intent with Solterra Renewable Technologies, Inc. And Solterra Concludes Worldwide Exclusive License with Rice University

Hague Corp, a publicly traded resource exploration company, is pleased to announce that on September 24, 2008 Hague signed a binding letter of intent to purchase all of the assets of Solterra Renewable Technologies, Inc. (“Solterra”). The agreement between Hague and Solterra requires Hague to fund Solterra a total of five million US dollars... 

Equistar to Temporarily Idle Olefin Unit

Equistar Chemicals, LP, will temporarily idle the olefin unit at La Porte, Texas, due to declining market and economic conditions. The La Porte olefin unit is expected to remain out of service until early 2009. The plant has a nameplate capacity of 1.7 billion pounds per year of ethylene and 700 million pounds of propylene. “We have elected to... 

MPM Secures NASA Sponsored NEOGEN Technology For SKYGAS Heat Recovery Applications

MPM Technologies, Inc. announced that its wholly owned subsidiary Nupower, Inc. has entered into an exclusive agreement with Unitel Technologies, Inc. (UTI) to license the NEOGEN technology for all heat recovery applications downstream of its SKYGAS electrokinetic reactor. MPM’s exclusive arrangement also covers plasma arc gasification systems. NEOGEN... 

Peter Voser to be Next Chief Executive of Royal Dutch Shell plc

The Board of Royal Dutch Shell plc announced that Peter Voser will succeed Jeroen van der Veer as Chief Executive, effective 1 July 2009. Voser (50) is Chief Financial Officer and a Director of the Board since October 2004. “I am delighted to announce Peter Voser as the next Chief Executive of Royal Dutch Shell,” said RDS plc Chairman Jorma...