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Platina Energy Group Reports 50%+ Potential Reserve Expansion in Kentucky

Platina Energy Group, Inc. report the acquisition of an additional 1,000 oil and gas lease acres in Laurel County, Kentucky over the last 60 days. This represents more than a 50% increase from the previous 1,700 acres that Platina has already drilled 10 successful wells on. This gives the Company approximately 70 potential well locations [...]

Whiting Petroleum Corporation Elects James T. Brown President and COO

Whiting Petroleum Corporation today announced that its Board of Directors elected James T. Brown President and Chief Operating Officer of Whiting Petroleum Corporation, effective January 1, 2011. Mr. Brown joined Whiting Petroleum Corporation in May 1993 as a consulting engineer, became Operations Manager in 1999, was elected Vice President of Operations in 2000 and [...]

Southridge Attracts $4 Million Asian Investment

Southridge Enterprises, Inc. announced that it has signed an agreement with Beijing-based investment firm, Shenyang Rrzk Co., Ltd., to sell a 20% interest in the Company’s El Salvador ethanol facility for $4 million. This foreign investment participation in the El Salvador plant stems directly from the effectiveness of our Asian market awareness program currently being [...]

W2 Energy Continues to Expand Algae to Bio-Diesel Opportunities

W2 Energy Inc., a developer of green energy, is pleased to announce it has signed a preliminary joint venture letter of intent with Coastal Capital Acquisition Corporation to design, construct and operate an Algae to Bio-diesel facility in the state Florida, in the United States.
W2 Energy has an all in one system that grows, harvests [...]

Gas leak at Texas oil refinery prompts evacuation

No injuries were reported due to a gas leak at a Texas City, Texas, refinery that forced the evacuation of nearby homes on Saturday, a city official said.
Production at Marathon Petroleum Corp’s 76,000-barrel-per-day capacity Texas City oil refinery, located about 50 miles south of Houston, was unaffected by the leak, said Marathon spokesman Robert Calmus.
Residents [...]

Babcock & Brown Commences Construction of Majestic Wind Farm in Texas Panhandle

Babcock & Brown, a leader in wind energy development, operation and maintenance, today announced the closing of financing and commencement of construction of its 79.5 megawatt (MW) Majestic Wind Farm near Panhandle, Texas, northeast of Amarillo. The project is expected to finish construction and reach full commercial operation before the end of 2008.
Babcock & Brown [...]

Oncor Takes Part in Sustainable Technologies Issue Forum

Mike Stockard, Oncor Director of Energy Efficiency Programs, will speak at the Sustainable Technologies Issue Forum presented by the Dallas Regional Chamber on Tuesday, Aug. 26.
The forum will discuss renewable energy and sustainable technology industry trends and topics, including how going green impacts the bottom line, the impact of a potential carbon cap and trade [...]

Active Power Named Finalist in Eighth Annual Greater Austin Business Awards

Critical backup power systems inventor and manufacturer Active Power, Inc. announced it was named a finalist for the Eighth Annual Greater Austin Business Awards hosted by the Austin Chamber of Commerce. Active Power is one of three finalists in the program’s Innovation category for large companies defined as having 151 or more employees. The company [...]

Delek US Declares Quarterly Cash Dividend

Delek US Holdings, Inc., a diversified energy company with assets in the petroleum refining, marketing, supply and retail industries, today announced that its Board of Directors voted to declare a quarterly cash dividend of $.0375 per share, payable on September 17, 2008, to shareholders of record on August 27, 2008.
Delek US Holdings, Inc. is a [...]

GreenSmith Launches Intelligent Distributed Energy Storage System (DESS)

GreenSmith Energy Management Systems, Inc., a leading innovator of intelligent Distributed Energy Storage Systems (DESS), unveiled its proprietary battery unit which shifts electricity load from peak-to off-peak.
The storage system allows utilities to realize measurable reliability and cost benefits by recognizing immediate advantages of the peak versus off-peak arbitrage, ancillary services, efficient distributed energy generation capture [...]