Precision Petroleum Corporation to Purchase Up to 50% of the Powder River Basin Project

Precision Petroleum Corporation has consummated an agreement with Nitro Petroleum Incorporated as of January 28, 2009 pursuant to its letter of intent for the exploration of oil and gas properties in the Northeastern Province of the Powder River Basin project. Precision Petroleum Corporation is very encouraged with the execution of this agreement due... 

Endeavour Announces Successful Appraisal of the Rochelle Discovery in United Kingdom

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... 

Masdar Set to Capitalise on International Adoption of Renewable Energy

Masdar chief executive Dr. Sultan Al Jaber announced that Masdar, a multi-faceted future energy initiative wholly owned by the Mubadala Development Company, is well-positioned to capitalise on the “undeniable momentum and long term viability” of renewable energy technology in his keynote speech at the World Future Energy Summit in Abu Dhabi. Dr.... 

Exelon Generation Formally Integrates AmerGen Assets Into Exelon Nuclear

Exelon Generation officially integrated the nuclear generation assets held by its AmerGen Energy Company LLC subsidiary into Exelon Nuclear and dissolved the AmerGen legal entity. The Nuclear Regulatory Commission approved the formal transfer of the operating licenses for these facilities to Exelon Generation on Dec. 23, 2008, which was a key step in... 

U.S. Energy Corp. Announces Investment in Geothermal Entity

U.S. Energy Corp. announced that it has invested $3.445 million in Standard Steam Trust LLC, a private geothermal exploration and development company based in Denver, Colorado. Current capitalization of SST (with other partners) is $13.8 million (25% USE), which now includes approximately 60,000 acres of BLM, state and fee leases in seven prospect areas... 

Green Star Alternative Energy and Notos Sign Joint Venture Agreement

Green Star Alternative Energy, Inc. announces a joint venture with Notos d.o.o. – Serbian wind energy and power trading company – and Sirius Regulus d.o.o., Serbian real estate holding company. Many months of due diligence and negotiations have culminated in a strategic partnership that will give Green Star 51% ownership of all energy assets developed... 

SkyPower and SunEdison Secure Financing for First Light Solar Project

SkyPower, Canada’s largest renewable energy developer and its joint venture partner, SunEdison, North America’s largest solar energy services provider, announced they have secured financing with Nord/LB for a 9 megawatt (MW) solar power project being developed by a joint venture between the two companies in Ontario. “We are proud to... 

ReneSola Announces Divestment of Henan Polysilicon Joint Venture

ReneSola Ltd, a leading Chinese manufacturer of solar wafers, today announced that it has sold its 49% equity interest (the “Divestment”) in Linzhou Zhongsheng Semiconductor Silicon Material Co., Ltd.. In August 2007, ReneSola and Linzhou Zhongsheng Steel Co., Ltd. established the Joint Venture to engage in virgin polysilicon production... 

Thorium Power Ltd. & Punj Lloyd Group Sign Memorandum of Understanding

Thorium Power Ltd., the leading developer of non-proliferative nuclear fuel technology and provider of comprehensive advisory services for emerging nuclear programs and Punj Lloyd Group, the diversified engineering, procurement & construction (EPC) conglomerate, today announced the signing of a Memorandum of Understanding (MOU). The MOU establishes... 

CHS Success in 2008 Founded on Vision, Stability

Leaders of CHS Inc., one of the nation’s leading energy, grains and foods companies, attributed strong 2008 performance to maintaining financial stability and disciplined-growth during a period of unprecedented market volatility. “After five consecutive years of record results — the combination of our own hard work, growth and what...