InterOil Corporation announced that it has successfully drilled an additional 295 feet of reservoir and flowed natural gas at a rate of 13.1 million standard cubic feet per day (MMSCFPD) from a 210 feet interval at the current base of the Antelope-1 well in Papua New Guinea. Highlights: - Drilled and cored 295 feet lower in the reservoir, with gas confirmed...
Endeavour International Corporation announced a successful up-dip appraisal of the Rochelle undeveloped discovery in Block 15/27 of the UK North Sea. Endeavour holds a 55.6 percent interest in the well and is operator for the block. Nexen Petroleum U.K. Limited is a joint venture participant and holds 44.4 percent interest. The Rochelle 15/27-11 appraisal...
Verenium Corporation, a pioneer in the development of next-generation cellulosic ethanol and high-performance specialty enzymes, announced plans to build its first commercial-scale cellulosic ethanol facility in Highlands County, Florida. The Company has entered into long-term agreements with Lykes Bros. Inc., a multi-generation Florida agri-business...
Emerging green energy holding company HydroGenetics, Inc. announced that it had completed the acquisition of Buffalo Biodiesel, Inc. Headquartered in Northern New York, Buffalo Biodiesel is a leading producer, collector and renderer of yellow grease and its ultimate fuel property, biodiesel. Under the terms of the contract, Buffalo Biodiesel becomes...
StatoilHydro ASA announced that in connection with the transfer of legal ownership of its Norwegian Continental Shelf (“NCS”) assets to its wholly-owned Norwegian subsidiary, StatoilHydro Petroleum AS (“StatoilHydro Petroleum”), effective as of January 1, 2009 StatoilHydro Petroleum has become a co-obligor or guarantor under...
GDF SUEZ Energy North America announced the acquisition of FirstLight Power Enterprises, Inc. (FirstLight) from Energy Capital Partners is now complete. FirstLight owns and operates a unique portfolio of 15 power generation plants — primarily pumped storage and traditional hydro facilities. It also has a state-of-the-art natural gas peaking power...
Hydrogen Hybrid, Corp. announced its plans to introduce a Fuel Cell System designed specifically for Class 8 semi truck. Performance tests indicate that this patented technology has the ability to increase a Class 8 semi truck’s fuel efficiency by 50% under a full 80,000 lb load. The “mega” Fuel Cell measures 24×18x18 inches and...
Emerging green energy holding company HydroGenetics, Inc. announced today the execution of a Binding Letter of Intent to acquire Buffalo Biodiesel, Inc.. Headquartered in Northern New York, Buffalo Biodiesel, Inc. is a leading producer, collector and renderer of yellow grease and its ultimate fuel property, biodiesel. Under the terms of the LOI, Buffalo...
Green Power EMC (GPEMC), a partnership of 38 electric membership corporations (EMCs) in Georgia, today announced plans to purchase 17 MW of biomass energy from Multitrade Rabun Gap (MRG), LLC. The Rabun Gap project will use woody waste as the primary fuel in a conventional boiler for the generation of steam to power a steam turbine electric generator. The...
In a ceremony attended by representatives of the German Federal Ministry for Economic Cooperation and Development (BMZ) and KfW Entwicklungsbank, the Government of Nepal has inaugurated and put into operation the Middle Marsyangdi hydropower plant situated west of the capital Kathmandu. KfW Entwicklungsbank financed the power plant on behalf of the...