Duke Energy Signs Used Fuel Contract for Proposed Lee Nuclear Station

Duke Energy has signed a contract with the U.S. Department of Energy (DOE) for the disposal of used nuclear fuel generated at its proposed William States Lee III Nuclear Station. The contract provides for the DOE’s acceptance and permanent disposal of all fuel from the station. For this service, the company will pay a $1 per megawatt-hour fee... 

Spectra Energy’s Pine River Phase III Project Comes Into Service

Spectra Energy has successfully completed expansion of its natural gas gathering system in the Grizzly Valley area of northeastern British Columbia (BC). The project represents the third phase of expansion connected to the Pine River Processing Plant, near Chetwynd, BC, and includes 17 kilometers of new pipeline (parallel to existing lines), an additional... 

MidAmerican and Constellation Energy Receive Early Termination of Hart-Scott-Rodino Act Waiting Period

MidAmerican Energy Holdings Company and Constellation Energy announced early termination of the waiting period required under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, related to MidAmerican’s proposed merger with Constellation Energy. “The clearance of the Hart-Scott-Rodino Act is another step forward in achieving the necessary... 

CHS Announces Mankato Sibley Park Sponsorships

The City of Mankato marked the opening today of Sibley Park’s Story Book Farm, and announced that the CHS Oilseed Processing plant, Mankato, is donating $100,000 to develop two other Sibley Park attractions. The CHS sponsorship will be used to construct a pergola and to develop the existing rock garden. CHS operates soybean crushing and refining... 

Constellation Energy Provides Update on Liquidity and Strategic Initiatives

Constellation Energy provided an update on its previously announced plans to increase available liquidity and reduce risk in its commodities businesses. Constellation Energy announced that the closing of the previously announced credit facility has been extended to no later than Nov. 26 and currently expects to receive total commitments from the banks... 

LAI Wins Manufacturing Contract for Jet Engine Combustor Assemblies

LAI International, Inc., strategic supplier of precision components and sub-assemblies for original equipment manufacturers, has announced it has been awarded multi-year contracts for manufacturing combustor components in jet engines. LAI will process more than 360 of the make-complete combustor assemblies for a first-tier aerospace engineering company... 

Nexant Sees Bright Future for African Petrochemical Sector

As the petrochemical industry intensifies its global search for new chemical feedstock sources, a growing number of companies are looking closely at Africa’s largely underdeveloped and potentially vast hydrocarbon and mineral resources as an alternative source of supply. In a soon-to-be-initiated study—The African Petrochemical and Fertilizer Industry:... 

Progress Energy Carolinas Again Seeking Renewable Energy Projects

Progress Energy Carolinas is again seeking proposals for potential renewable energy projects and alternative energy providers, as part of the company’s balanced strategy for meeting the growing energy needs of 1.4 million households and businesses in the Carolinas. The company issued an open-ended request for renewable proposals in November 2007,... 

Duke Energy Ohio Reaches Agreement on Electric Security Plan

Duke Energy Ohio announced today that a settlement agreement has been reached with most intervening parties, the Staff of the Public Utilities Commission of Ohio (PUCO) and the Ohio Consumers’ Counsel on its electric security plan under Ohio’s new energy law. The agreement, which establishes generation rates for 2009 through 2011, must be... 

Shaw Selected by Petrobras to Provide Proprietary Technology, Engineering and Technical Services for Major Ethylene Plant in Brazil

The Shaw Group Inc. announced that its Energy & Chemicals Group has been awarded contracts by Petroleo Brasileiro S.A. (Petrobras) to provide its proprietary ethylene technology, including its Ultra Selective Conversion (USC®) furnace equipment, basic engineering and technical services for a 1,000 KTA ethylene plant in Brazil. Shaw also will provide...