Freedom Environmental Services, Inc. confirmed it has executed a Letter of Intent regarding the acquisition of a regional waste hauler located in Polk County, Florida.
The target company, which has been operating for 50 years, has a waste collection facility on-site and holds waste hauling contracts for a significant number of municipal and private commercial treatment [...]
Raser Technologies, Inc. announced that Prudential Capital Group, an institutional investment division of Prudential Financial, Inc., purchased the permanent debt financing for Raser’s 10 megawatt (MW) Thermo geothermal power project near Beaver, Utah, from the original project financier. The approximately $31 million of non-recourse debt financing helped construct the Thermo geothermal power plant which completed [...]
OPEC is ready to act to address supply shortages in the oil market but not to counter price moves caused by speculation, Secretary General Abdullah al-Badri told an Austrian newspaper. The group is monitoring the situation closely, and “OPEC will intervene to stabilize the market if the market is imbalanced. OPEC will not intervene because [...]
NACEL Energy Corporation, a wind power company in business to generate clean, renewable energy for America, today confirmed it has retained the four wind energy projects delivered to the Company, rather than accept the proposal of its former CEO, Mr. Dan Leach, to transfer the wind energy projects back to him in exchange for his [...]
Southern Pacific Resource Corp. announce that it has completed an engineering Design Basis Memorandum (DBM) and cost estimate for its first in-situ steam assisted gravity drainage (SAGD) project. The DBM defines the important project design conditions, production forecasts, facility specifications and process flow. Also included within the DBM is a project execution plan including contracting [...]
China’s Third Qinshan Nuclear Power Co. (TQNPC) hosted a celebration ceremony today to mark the 5th Anniversary of the completion of the Qinshan Phase III CANDU nuclear power plant project in Zhejiang Province.
Hailed by China’s President Hu Jintao as a “model for Canada-China cooperation” and the largest infrastructure project ever undertaken between Canada and China, [...]
Dominion Retail, an energy marketing subsidiary of Dominion, has closed on the purchase of Cirro Energy, a Texas retail electric provider (REP). Cirro Energy was founded in 2001 to provide superior customer service and substantial savings to business and residential customers throughout the deregulated areas of Texas.
Cirro Energy supplies about 2.3 million megawatt hours annually [...]
A recent AP-Yahoo News poll indicates that nine out of 10 Americans say they expect rising gas prices to cause financial hardships over the next six months.
“If you are one of the majority looking to squeeze as much value as possible from what you pay at the pump, be sure to check your vehicle’s engine [...]
FuelQuest, Inc., the leading on-demand software and services company for the global downstream energy industry, announced today that Knife River Corporation has chosen FuelQuest’s Fuel Management Services to provide centralized control and management of its fuel procurement. As the eighth largest aggregates producer in the U.S., Knife River operates a multitude of sites across 17 [...]
Carbon Jungle, Inc. announces its acquisition of the Waste-to-Fuel Company “Cobal USA Alternative Fuels, LLC” as a wholly owned subsidiary.
Petr Lisa, President and CEO of Cobal USA Alternative Fuels, LLC stated, “This is a great day for Cobal-USA joining the Carbon Jungle team. We are now one step closer to eliminating our dependency on [...]