Colonial Pipeline today celebrated 10 million hours of employees working without a lost work-time injury. The safety milestone represents more than seven years of employees working safely. In congratulating employees, Colonial CEO Tim Felt reminded that working safely is a job that starts fresh every day. “We are rightfully proud of this accomplishment,...
OriginOil, Inc. (OOIL), the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, today announced the completion of Phase 1 of a Cooperative Research and Development Agreement (CRADA) with the U.S. Department of Energy’s Idaho National Laboratory (INL). OriginOil...
Simon Property Group, Inc., the country’s largest owner, developer and manager of high quality retail real estate, has just last month completed the largest solar installation by a mall owner in the U.S. Simon Property Group entered into a power purchase agreement with Element Markets, a Houston-based developer of clean energy, for the output...
Constellation Energy announced it has reached a definitive agreement to sell its Houston-based downstream natural gas unit to Macquarie Group. Terms were not disclosed. The pending divestiture is one of several strategic initiatives the company has undertaken in recent months to reduce risk in its merchant businesses and improve liquidity through the...
Reliant Energy has completed the previously announced sale of the Northeastern electricity marketing assets of its retail subsidiaries, Reliant Energy Solutions East and Reliant Energy Solutions Northeast, to Hess Corporation. Reliant Energy, Inc. based in Houston, provides electricity and energy services to retail and wholesale customers in the United...
Chemical Market Associates, Inc. (CMAI) announces the completion of the 2009 World Butadiene Analysis, an annual global study that covers the future outlook for supply, demand, production, capacity, trade, pricing and profitability of the global butadiene and derivatives industries for the period 2003 to 2013. Included with the analysis is access to...
Zeus Development Corporation announces its organization of the “LNG Information Conference,” hosted by the State of Israel, to be held December 9, 2008 in Houston, TX, U.S.A. The State of Israel intends to alert the world energy industry of their growing market and learn from leadership within industry of opportunities for LNG supply. The...
Biofuels Power Corporation announced that it has agreed to purchase the site, infrastructure and equipment of the decommissioned H.O. Clarke Electric Generating Station in central Houston. The purchase includes 79 acres of land at the intersection of Main St. and Hiram Clarke Road, together with all infrastructure, equipment, buildings and other improvements....
Gulf Publishing Company announced it will hold the next Energy Executives Operational Insights Breakfast Forum on Thursday, December 4 in Houston, Texas. The forum, titled “From Upstream to Downstream: Industry Outlook 2009,” will provide a condensed yet comprehensive picture of the outlook for the entire energy industry for 2009 and beyond. Panelists...
Reliant Energy announced today it has reached an agreement to sell the Northeastern electricity marketing assets of its retail subsidiaries, Reliant Energy Solutions East and Reliant Energy Solutions Northeast, to Hess Corporation. These subsidiaries provide electricity and related services to more than 300 commercial and industrial customers in Delaware,...