Honeywell and Haier Sign Memorandum of Understanding for Global Strategic Cooperation

Honeywell and Haier Group today announced the signing of a memorandum of understanding (MOU) for global strategic cooperation to collaborate on the development and promotion of low-emission, high energy-efficiency products and solutions. The MOU was signed during the U.S.- China Trade and Economic Cooperation Forum, contributing to the bilateral economic... 

World Energy and N.serve Conduct Breakthrough Global Certified Emissions Reduction Auction

World Energy Solutions, Inc., an operator of online exchanges for energy and green commodities, today announced N.serve Environmental Services GmbH sold 300,000 primary CERs to Electrabel GDF Suez via the World Green Exchange. The auction was structured to provide bidders with transparency into project characteristics and help N.serve transact with... 

Border Valley Converts Fleet to Clean Fuel with ALT LNG

Applied LNG Technologies USA, LLC announced an agreement to supply liquefied natural gas (LNG) to Border Valley Trading for use in their new fleet of LNG fueled trucks used in the distribution of their feed products. Border Valley, founded with a primary goal of becoming the best export forage company in the industry, is now one of the largest exporters... 

Platts Survey: October OPEC Oil Output Dropped to 32.26 Mil. Barrels Per Day

The 13 members of the Organization of the Petroleum Exporting Countries (OPEC) pumped an average 32.26 million barrels per day (b/d) of crude oil in October, according to a Platts survey of OPEC and oil industry officials just released. This is a 210,000 b/d decline from the September level of 32.47 million b/d. Excluding Iraq, production from the 12... 

South Africa’s Minister of Minerals and Energy Welcomes Denham Capital Investment in BioTherm Energy to Develop Power Generation Business

Denham Capital, a leading energy-focused global private equity firm, announced today that it will invest equity of up to R1,5 billion (US $150 million, 95 million pounds Sterling) in BioTherm Energy, a South African developer, owner and operator of renewable and clean energy generation projects. Commenting on Denham Capital’s investment, Buyelwa... 

ConocoPhillips and CleanFUEL USA Launch Program to Increase Propane Fueling Sites

CleanFUEL USA and ConocoPhillips have signed a three-year agreement to advance propane infrastructure for the U.S. transportation fuel industry. Under the agreement, the two companies will provide resources to install and supply propane fuel pumps for commercial fleet fuel users. Propane fueling stations will be installed not only at fleet owner sites,... 

BIO Urges EPA to Complete Sound Scientific Review Before Publishing Greenhouse Gas Emission Estimates for Biofuels

The U.S. Environmental Protection Agency must establish a sound, science-based model for measuring net greenhouse gas emissions related to biofuels production before releasing estimates that may understate the positive role biofuels play in reducing climate change emissions. The Biotechnology Industry Organization (BIO) today released a letter sent... 

Argus Launches Price Assessments for Sakhalin Island Vityaz and Sokol Crudes

Argus, the international energy price reporting agency, has launched daily price assessments for Vityaz and Sokol crude oil from Russia’s Sakhalin island. Argus is the first price reporting service to offer daily assessments of Vityaz, whose output is expected to be around 90,000 b/d this year, rising to an expected plateau of 150,000 b/d from... 

NxtGen Emission Controls Inc. Announces the Close of a $15.4 Million USD Series ‘B’ Investment Led by Altira

NxtGen Emission Controls Inc. announced the closing of a $15.4 million USD Series B investment led by Altira Group LLC. NxtGen is an emerging leader in syngas technology for diesel engine combustion optimization. NxtGen’s technology is making existing and new engines cleaner to meet global emission reduction regulations. It provides a platform... 

Goldman Sachs and Blue Source Create Strategic Alliance to Market U.S. Greenhouse Gas Emission Reductions

The Goldman Sachs Group, Inc. and Blue Source LLC today announced a strategic alliance that combines Goldman’s global leadership in commodities trading and financial risk management with Blue Source’s leading climate change portfolio. As part of the alliance, Goldman Sachs has purchased an equity stake in Blue Source LLC. Goldman Sachs will off-take,...