Biofuel Plantations on Tropical Forestlands Are Bad for the Climate and Biodiversity, Study Finds

Keeping tropical rain forests intact is a better way to combat climate change than replacing them with biofuel plantations, a study in the journal Conservation Biology finds. The study reveals that it would take at least 75 years for the carbon emissions saved through the use of biofuels to compensate for the carbon lost through forest conversion. And... 

Rising Oil Prices and Energy Security Issues Heighten Interest in Fuel Cell Electric Vehicles

Increasing oil price and growing concerns over energy security are helping accelerate the development and commercialization of fuel cell electric vehicles (FCEVs). Federal and local governments have been proactively funding fuel cell technology and in the medium term, there would be rigorous developments in fuel cell technology, standardization of production... 

Ronn Motor Company Signs Letter of Intent With SCS/Frigette for Manufacturing and Global Distribution of the H2GO(TM) Real-Time Hydrogen Injection System

Ronn Motor Company, Inc. announce that the Company has signed a Letter of Intent with SCS/Frigette, located in Ft. Worth, Texas, for the manufacturing and distribution of its proprietary H2GO(TM) Real-Time Hydrogen Injection System. Ronn Maxwell, CEO of Ronn Motor Company, said, “SCS/Frigette is recognized as a leader in the automotive industry... 

CHS Announces Mankato Sibley Park Sponsorships

The City of Mankato marked the opening today of Sibley Park’s Story Book Farm, and announced that the CHS Oilseed Processing plant, Mankato, is donating $100,000 to develop two other Sibley Park attractions. The CHS sponsorship will be used to construct a pergola and to develop the existing rock garden. CHS operates soybean crushing and refining... 

Renew Energy Resources’ Legacy Oil, Florida Signs Production Partnership Term Sheet with Alabama Based EnerSight Fuels, Inc.

Renew Energy Resources, Inc., announced that its wholly owned subsidiary, Legacy Oil, Florida, (Legacy) has executed a term sheet for a production partnership including a long term feedstock supply agreement for recycled waste vegetable oil (RWVO) with EnerSight Fuels, Inc (EnerSight). As part of Renew’s vertical integration business model, Renew... 

Slovak Supreme Court Reaffirms Previous Judgment Returning Gemerska Poloma Talc Deposit to EuroGas’s Rozmin

EuroGas, Inc. announced that the Supreme Court of the Slovak Republic, which had previously reinstated Rozmin’s talc mining concession at Gemerska Poloma in the Slovak Republic, recently ordered an immediate halt to an appeal made by the Slovak Mining Authority at Spisska Nova Vesa,(the appellant) a unit of the Ministry of Economy of the Slovak... 

Avista Re-Files in Oregon for Lower Annual Natural Gas Adjustment

Avista has re-filed a request with the Public Utility Commission of Oregon to decrease the company’s annual purchase gas cost adjustment (PGA) effective Nov. 1, 2008. If approved by the commission, a residential customer using an average of 53 therms of natural gas per month would see their monthly bill decrease by $3.28, or 4.1 percent, for a... 

Panda Ethanol Restructures Funding Arrangements for Hereford, Texas Facility

Panda Ethanol Inc. announced that it has successfully restructured the funding arrangements on the company’s 115-million gallon-per-year, biomass-fueled ethanol refinery, located in Hereford, Texas. The restructuring was made with the support of the project’s senior and subordinated lenders and will allow for the completion of construction... 

Existing Investors Lead Recapitalization of Imperium Renewables

Imperium Renewables announced a recapitalization comprised exclusively of existing investors of the Company. The majority of the proceeds were used to satisfy its secured project lender, Société Générale, lien holders and unsecured creditors. Imperium will continue to focus on biodiesel production at its 100 million gallon per year nameplate facility... 

Synthesis Energy Systems Enters Into License Agreement with ExxonMobil for Up to 15 Methanol-to-Gasoline (MTG) Technology Licenses

Synthesis Energy Systems, Inc., a global industrial gasification company, today announced that it has entered into an agreement with ExxonMobil Research and Engineering Company (“EMRE”) that provides SES the option to execute up to 15 Methanol-to-Gasoline (“MTG”) technology licenses at U-GAS® coal gasification plants globally. The...