Chevron Welcomes Shell to the Wheatstone Project

Chevron Corporation today announced the signing of agreements with Shell Development (Australia) Pty Ltd to bring Shell into the Chevron-operated Wheatstone Project as a natural gas supplier and equity participant. George Kirkland, vice chairman, Chevron Corporation, said, “Chevron is pleased to welcome another participant into the Wheatstone Project.... 

Japan tsunami grazes Americas but impact light

Tsunamis triggered by Japan’s devastating earthquake that prompted thousands to flee the Pacific coast of North and South America caused flooding as far away as Chile on Saturday, but damage was limited. The tsunami lost much of its energy as it moved thousands of miles (km) across the Pacific Ocean, although governments took no chances and ordered... 

BPZ Energy Announces $50 Million 2011 Capital Expenditures Plan

BPZ Resources, Inc. announces the 2011 capital expenditures plan, approximating $50 million, for continued development of the Company’s assets in northwest Peru. The majority of the capital budget is expected to be spent on offshore Block Z-1, primarily for the design and construction of an additional production platform for the Corvina oil field;... 

Golden Dawn Receives Excellent Gold and Copper Values From Initial Drilling on Greenwood Targets, British Columbia, Canada

Golden Dawn Minerals Inc.is pleased to announce the first batch of assay results from its November and December 2010 16-hole drilling program on the Wild Rose Property, near Greenwood, B.C. which targeted the potential for high grade veins in association with open-pit bulk tonnage low grade gold-copper zones on the Wild Rose and Tam O’Shanter... 

Senior Banking Executive Named to PPL Corporation Board

PPL Corporation announced Monday (12/20) that Steven G. Elliott, who has nearly four decades of auditing and banking experience, has been named to the company’s board of directors, effective Jan. 1, 2011. Elliott currently serves as senior vice chairman of BNY Mellon. During his extensive career with that company, he served as chief financial... 

Innergex increases its net installed capacity by 53 % as Ashlu Creek starts commercial operation

Innergex Renewable Energy Inc. announces that the Ashlu Creek run-of-river hydroelectric power generating plant (“Ashlu Creek”), with a net installed capacity of 49.9 MW, is now in commercial operation. As the required performance tests were carried out successfully, BC Hydro has retroactively set the official commercial operation start... 

Electric vehicles, infrastructure power 2009 Beyond Oil conference

Shiny new electric vehicles, emitting only low-whirring sounds, glistened as they darted among the few sun breaks in Seattle outside a Cascadia Center conference titled Beyond Oil: The Sustainable Communities Initiative. The all-electric Ford Focus made its debut at the late-October event, co-sponsored by Idaho National Laboratory. Ford’s Focus... 

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... 

CTDC to Build 30MW On-Grid Solar Power Station in Qaidam Basin

China Technology Development Group Corporation, a provider of solar energy products and solutions in China focusing on a-Si thin film technology, announced that the Company and Qinghai New Energy Group Co., Ltd have signed an agreement with local government of Qinghai Haixi Mongolian-Tibetan Autonomous Region to build a 30MW on-grid solar power station... 

Puget Sound Energy Purchases Mint Farm Power Plant

Puget Sound Energy last week completed the $240 million purchase of a 310-megawatt natural gas-fired power plant in Longview, Wash., the latest step in the utility’s long-range effort to ensure a reliable, cost-effective energy supply for its growing customer base in Western Washington. PSE signed an agreement in September to buy the 11-month-old...