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Vermilion Energy Inc. Announces $0.19 Cash Dividend for February 15, 2011 Payment Date

Vermilion Energy Inc. is pleased to announce a cash dividend of $0.19 per share payable on February 15, 2011 to all shareholders of record on January 31, 2011. The ex-dividend date for this payment is January 27, 2011. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).
Vermilion Energy Inc. [...]

Exelon Corporation Offers to Acquire NRG Energy, Inc. in $6.2 Billion Transaction

Exelon Corporation announced its proposal to acquire Princeton, N.J.-based NRG Energy, Inc.. Exelon has offered to acquire all of the outstanding NRG common stock in an all-stock transaction with a fixed exchange ratio with a value of $26.43 for each NRG common share, representing a total equity value of approximately $6.2 billion for NRG based [...]

Powertech Acquires Additional Land at Dewey-Burdock

POWERTECH URANIUM CORP. announce that, through its wholly owned subsidiary Powertech (USA) Inc., it has entered into an Agreement with Neutron Energy Inc. to exchange some of the Company’s non-core properties in New Mexico, Wyoming, and South Dakota for acreage located within and adjacent to Powertech’s Dewey-Burdock project in South Dakota.
The acreage to be acquired [...]

GreenShift Receives Grant for Algae Bioreactor Technology

GreenShift Corporation announced that it has received a grant award of $375,000 to further the development of GreenShift’s patented and patent-pending algae bioreactor.
The funding is provided through the Montana Board of Research and Commercialization, a unit of the Montana Department of Commerce. The objective of the grant award is to demonstrate the production of algae [...]

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 in [...]

Rosetta Resources Inc. Announces Record Second Quarter 2008 Production and Revenues and Provides Operational Update

Rosetta Resources Inc. announced financial and operating results for the second quarter 2008. Highlights include:
* Natural gas and crude oil production of 155 MMcfe/d, up 29 percent over the same period in 2007
* Revenues of $154.5 million, an increase of 78 percent from [...]

SUEZ LNG Subsidiary Completes Pipeline Construction for Neptune Offshore LNG Facility

SUEZ LNG NA LLC (GDF SUEZ Group) announced that it has completed pipeline construction for its offshore LNG project, Neptune. The first phase of construction began in late July and included the installation of a 13-mile sub-sea pipeline that will connect the Neptune LNG facility with the existing Spectra Energy HubLineSM. The second phase, scheduled [...]

Gulf Ethanol Announces Third – Generation Technology

Gulf Ethanol Corporation announced the implementation of its third-generation feedstock pre-processing unit. “With each development of the technology, we become more efficient in our processing,” noted Bill Carmichael, Gulf’s President.
Gulf is now expanding its testing protocols beyond sorghum and corn to sawdust, switchgrass and grass clippings. The company feels each of these feedstocks has potential [...]

HLS Systems Announces Strategic Alliance with Shenhua Group, the Largest Power Plant Developer and Operator in China

HLS Systems International, Ltd., announced a strategic alliance with China Machinery Electronics Export Products Investment Corporation, a wholly owned subsidiary of Shenhua Group Corporation Limited (“Shenhua”), to provide automation control and management systems to its coal mining, power plants, and railways in China. Shenhua, with 150,000 employees, is one of the largest comprehensive energy companies [...]

Tri-Valley Subsidiary Arranges $5 Million Initial Funding to Accelerate Production

Tri-Valley Corporation announced that its subsidiary, Great Valley Production Services LLC (GVPS), has arranged its first $5 million tranche to fund expansion of equipment and infrastructure to accelerate oil and gas production increase on its six development properties in California.
GVPS already has 17 steam generators with five in the field and 12 more being refurbished [...]