Analysis: Stocks-oil relation looks as it did in 2008 recession

The trading pattern of the prices of stocks and crude oil looks worryingly like it did just before the last recession. Oil and equity prices rise and fall more or less in tandem when demand and economic growth expectations dictate prices. But the short-term relationship has been turned on its head in recent weeks with investors worried that political... 

Progress Energy CEO Johnson Urges Flexibility and Customer Protection in Implementing EPA Rules

The U.S. electric utility industry faces an “unprecedented convergence of new federal environmental rules – unprecedented in scope of change and compression of deadlines,” Progress Energy Chairman, President and CEO Bill Johnson told utility regulators Monday in Washington. And the “current fragmented approach, coupled with rapid-compliance... 

Nautilus Solar Announces Entry into Florida Solar Market with Three Projects

Nautilus Solar Energy, LLC announced today its entry into the Florida solar market with the acquisition and development of two distributed generation projects, as well as the development of a third greenfield utility scale project. In Gainesville, Nautilus Solar is currently constructing the Green Cove 131 kW solar photovoltaic project at the Regional... 

Ecopetrol S.A. Clarifies Information Concerning New Suit Filed by Llanos Oil Exploration

Ecopetrol S.A. informs that on January 19 it was notified of a new lawsuit filed against it in The Hague (Netherlands) by Llanos Oil Exploration Ltd. as a consequence of the termination of the Guatapuri partnership contract on July 23, 2003. (Logo: http://photos.prnewswire.com/prnh/20090209/ARM001LOGO ) In regards to this process and other legal actions... 

Datran Center Receives GOLD USGBC Environmental Award

Recently Datran Center, located in Miami, Florida, officially received a Gold-level Leadership in Energy and Environmental Design for Existing Buildings (LEED EBOM) award from the United States Green Building Council (USGBC). This facility is one of few select buildings to earn the distinction of USGBC LEED EBOM Gold certification in the State of... 

Enhanced Oil Resources Inc. Provides 2011 Activity Update

Enhanced Oil Resources Inc. is pleased to provide the following update regarding the Company’s proposed activity for 2011. The Company had previously announced on December 22nd 2010 that it had completed a $25 Million bank credit facility with Regions Bank. The credit facility capped a year where the Company produced four straight quarters of... 

MagneGas Gains Legislative Exposure With Congressman’s Visit, Subsequent Announcement

MagneGas Corporation the producer of a technology that converts liquid waste into a hydrogen-based metal working fuel and natural gas alternative, announced today that Florida Congressman Gus Bilirakis visited the Company during the week of January 5th. After receiving a tour and comprehensive demonstration of the Company’s newest Refinery, Congressman... 

Renae Conley Assumes Leadership Responsibilities for Human Resources

Entergy Corporation today announced that effective immediately Renae Conley is formally assuming the responsibilities of executive vice president, human resources and administration, completing a management transition first announced last summer by Chairman and Chief Executive Officer J. Wayne Leonard. Conley, who was named executive vice president-designate,... 

Crews Begin Hanging Panels on Largest Solar Array in Martin County

The largest solar energy array in Martin County began construction a little over 4 weeks ago after the town was able to quickly issue permits to the solar energy contractor, Abundant Energy Inc. (http://www.abundantenergy.com). Though South Florida solar energy companies have been making little headway in the commercial energy market with the exception... 

W2 Energy Continues to Expand Algae to Bio-Diesel Opportunities

W2 Energy Inc., a developer of green energy, is pleased to announce it has signed a preliminary joint venture letter of intent with Coastal Capital Acquisition Corporation to design, construct and operate an Algae to Bio-diesel facility in the state Florida, in the United States. W2 Energy has an all in one system that grows, harvests and dries algae...