Capital Oil & Gas, Inc. Board of Directors Agrees to Acquire and Lease Sixteen Additional Retail Outlets

Capital Oil & Gas, Inc., reported that Senior Management has agreed to acquire/lease sixteen additional retail locations as previously announced and that the outlets will include retail gasoline sales stations including convenience and fast food operations. This action has been sanctioned by the company’s Board of Directors and is viewed... 

Geothermal Energy Improves U.S. Oil Recovery

Ormat Technologies, Inc. announces the successful co-production of geothermal power at a producing oil well. This project marks the first of its kind by providing onsite fuel free power that will increase the productivity and possibly extend the longevity of existing U.S. oil fields. Ormat, in a joint project with the Department of Energy (DOE) at the... 

Enhanced Oil Resources, Inc. Announces Bolt-on Acquisition. Provides Update on Milnesand Pilot Flood, CO2 Contracts and Liquidity

Enhanced Oil Resources Inc. announced the Company has completed the acquisition of approximately 1900 acres of productive land adjacent to the Milnesand San Andres Unit currently 100% owned by the Company. The acquisition covers the southern limits of the Milnesand San Andres Oilfield and will be a logical later stage step-out to the Milnesand CO2 pilot... 

Award-winning Geologist to Announce Hi-Tech Inventions for Smooth Transition to Greener World and Sustainable Economy

Kenneth Hsu Consulting (KHC) announce a Press & Investor Conference at The Geological Society of London on 30th October 2008 at 10am (doors open 9.45am) to present the company’s technological inventions, to alleviate the global water, energy, environmental, climate and economic crises. Wasteful exploitation of Earth’s resources and... 

Raven Biofuels Forges Strategic Alliance With Biomass Feedstock Experts at Price BIOstock

Raven Biofuels International Corporation announce a strategic alliance with Price BIOstock Services, a division of Arkansas-headquartered The Price Companies, Inc. (www.thepricecompanies.com), with the stated intent towards the development of definitive agreements on a project by project basis. With over 40 years of operating history and $450,000,000... 

Sheetz Chooses Triple Point Oil Trading and Risk Management Software

Triple Point Technology®, the leading global provider of multi-market commodity and enterprise risk management software solutions, announced today that Sheetz, Inc., one of the largest gas and convenience store operators in the US with $3.8 billion dollars in annual revenue, has selected Commodity XL for Oil™ to manage wholesale gasoline procurement,... 

China Wind Systems, Inc. Signs Letter of Intent to Supply Wind Power Components to Hangzhou Advance Gearbox Group Co. Ltd.

China Wind Systems, Inc., which supplies forged rolled rings to the wind power and other industries and industrial equipment to the textile and energy industries in China, today announced that it has signed a letter of intent to supply shafts and gear rims for use in 1.5 megawatt (MW) gearboxes to Hangzhou Advance Gearbox Group Co. Ltd (Hangzhou Advance... 

Nitro Petroleum, Inc.-Acquires New Project: Nancy Hubbard, Walker, Krouch 1 & 2-Oklahoma

Nitro Petroleum, Inc. reports today that the Company has acquired an interest in the Nancy Hubbard, Walker and Krouch 1 & 2 leases. These leases are located in Pottawatomie County, Oklahoma and are in production. Nitro Petroleum, Inc. is the Operator of this entire project. The plan of action is to immediately Frac the Hunton Limestone formation... 

Capital Oil & Gas, Inc. Has Been Approached to Acquire Fifteen Additional Full Service Independent/Retail Shell Gas Stations

Capital Oil & Gas, Inc., announced today that it has been approached to acquire a package of fifteen independently owned Shell service stations. The company is very interested in this opportunity, but it is still in major negotiations to acquire the previously announced eleven service stations, representing at least $55,000,000 to $60,000,000 per... 

Venoco, Inc. Announces Exercise of Option

Venoco, Inc. announced that Denbury Resources Inc. has elected to exercise its option to purchase the Hastings complex from Venoco. Denbury and Venoco also entered into an amendment to the option agreement extending by one year certain of Denbury’s performance commitments with respect to implementing a CO2 flood in the Hastings complex. “This...