Russian oil output rose by 2.2 percent in 2010 to a record 10.1 million barrels per day (505.193 million tonnes) as higher prices prompted the world’s top oil exporter to ramp up production at its greenfield sites. The growth in crude production surprised many analysts, who had expected 1.1 percent on average, when polled just before the start...
Russia, the world’s top crude exporter, said it had begun scheduled oil shipments to China via an East Siberian link on Saturday as the Kremlin cements ties with its energy-hungry neighbor. So far, Russia’s 50,000-km oil pipeline network has been concentrated in West Siberia and run toward Europe. With the commissioning of the Eastern Siberia...
STWA, Inc. , an innovative technology company focused on improving the efficiency of large-scale energy transportation networks and reducing fuel consumption and emissions in diesel fleets, announced today that it is set to begin preliminary testing for AOT™ at the U.S. Department of Energy’s RMOTC (U.S. DOE) testing facility in Casper, Wyoming,...
ZBB Energy Corporation, the leading developer of intelligent, renewable energy power platforms, announced today that their ZESS 500 has been deemed a fully operational and validated success. It is installed at CSIRO’s Energy Centre in Newcastle, Australia, as part of the Advanced Electricity Storage Technologies (AEST) program. This marks the...
Lead Counsel Vandim Klyuvgant for Mikhail Khodorkovsky: Absurd Conviction to Keep Khodorkovsky in Jail Despite Prosecution’s Failed Case. Verdict Destroys Hopes for the Rule of Law, Independent Courts, Protection of Property Rights and Government Anti-Corruption Drive in Russia. Defense Slams “Charade of Justice” Today a Moscow court found Mikhail...
NDR Energy Group LLC, a natural and alternative energy company, and subsidiary of Universal Bioenergy Inc. a publicly traded company, reported record sales of $31,558,161 for the nine month period ending September 30, 2010. NDR Energy generated these strong sales in natural gas, in spite of the current weak economy. The sales also reflect a growing...
The Riverstone/Carlyle Global Energy and Power Funds, a group of energy-focused private equity funds managed by Riverstone Holdings LLC (“Riverstone”), announced today that it has completed the acquisition of USA Compression Holdings, LP, the parent company of USA Compression Partners, LLC (“USA Compression” or the “Company”),...
Mexivada Mining Corp. (MNV.TSX-V) is pleased to announce the signing of an option to purchase 70% of the Poker Flats property, and makes the following announcement: Mexivada has entered into an Agreement with Spartan Gold Ltd (OTCBB:SPAG.ob – News), a U.S. based junior gold exploration company and with Sphere Resources Inc. (“Sphere”)...
Cyclone Power Technologies reported exceedingly positive feedback at the recent Power-Gen International conference from customers, manufacturers and suppliers for its waste heat recovery and waste oil power generators offered by Phoenix Power Group LLC (PPG) and Clean Burn Inc. “We felt the show was an absolute success in terms of creating awareness...
Chevron Corporation today submitted expert analysis from a leading forensic specialist demonstrating that many of the signatures on the document purporting to authorize the lawsuit against Chevron in Lago Agrio, Ecuador, were forged. According to Chevron’s filing, this newly uncovered evidence of forgery and fraud makes clear that the lawsuit has...