Denbury Resources Inc. announced today that it has entered into an agreement with a privately owned company to purchase a 91.4% interest in Conroe Field, a significant potential tertiary flood north of Houston, Texas, for $600 million, plus additional potential consideration if oil prices exceed $121 per barrel during the next three years as further...
Today, a two megawatt (MW) solar energy system was dedicated at Denver International Airport (DIA). The solar photovoltaic system, spanning seven and a half acres at the airport’s entrance, will generate over three million kilowatt hours (kWh) of clean electricity annually, demonstrating Denver’s commitment to environmental sustainability...
Duke Energy and American Electric Power (AEP) have formed a 50-50 wholly-owned joint venture to build and operate 240 miles of extra-high-voltage 765-kilovolt (kV) transmission lines and related facilities in Indiana. The project, called Pioneer Transmission LLC, would link Duke Energy’s Greentown Station (near Kokomo, Ind.) with AEP’s Rockport...
Odersun AG, a developer and manufacturer of solar cells, modules and applications, has completed the delivery of customized thin-film solar modules for a building integrated photovoltaic (BiPV) project in Beijing, China. The trapezoidal modules form concentric rings on the roofs of four circular buildings belonging to the visitor center of the Olympic...
The Renewable Fuel Standard (RFS) provides crucial support and incentives for companies to invest in new biorefineries to bring advanced biofuels to the pump. Biotechnology Industry Organization (BIO) President & CEO Jim Greenwood released the following statement expressing the industry’s support for the U.S. Environmental Protection Agency’s...
TEPPCO Partners, L.P. announced that its TEPPCO Terminal and Marketing Company subsidiary has commenced operations at the partnership’s new 500,000 barrel Boligee refined products terminal in Greene County, Alabama. Located along the Tennessee Tombigbee waterway, the facility has storage for gasoline, diesel and ethanol, and features direct access...
As China achieves greater world prominence and visibility from the 2008 Summer Olympic Games, businesses throughout the country are making their own gains by embracing global standards of quality, safety and sustainability. Specialty materials company Rohm and Haas, the world’s leader in acrylic technology for nearly a century, is helping many Chinese...
Trilogy(TM) by Shea Homes, the first builder to roll out a national solar offering, has chosen to work with BP Solar, a global leader in solar energy. Trilogy will offer free solar power systems on new homes as part of its ongoing commitment to reducing the carbon footprint of homes in all of its Shea Homes Active Lifestyle(TM) Communities across four...
BP and Verenium Corporation announced the creation of a strategic partnership to accelerate the development and commercialization of cellulosic ethanol. The partnership combines a broad technology platform and operational capabilities in an effort to advance the development of a portfolio of low-cost, environmentally sound cellulosic ethanol production...