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Arete Industries, Inc. Announces Acquisition of Oil & Gas Property

Arete Industries, Inc. announces that the Company received a letter of intent to purchase oil and gas properties in Wyoming, Colorado, Kansas, and Montana from Denver based oil & gas and operating companies for $21,000,000 in cash.
The wells being offered by the Denver based oil & gas company total 243 wells, including 46 operating wells [...]

TexCom, Inc. Resumes Operations at M.B. Energy

TexCom, Inc. reported that its M.B. Energy, LLC subsidiary resumed operations on Monday morning following a brief shutdown over the weekend due to Hurricane Ike. Located in Chambers County, Texas, one of the areas hardest hit by Ike, M.B. Energy disposes of oil and gas production and drilling waste. Due to the self-contained nature of [...]

Denbury Resources Inc. Announces Final Results of Cash Tender Offers for Senior Subordinated Notes Due 2013 and 2015

Denbury Resources Inc. today announced the final results of its previously announced cash tender offers for the outstanding 7½% Senior Subordinated Notes due 2013 of the Company and Denbury Onshore, LLC (the “2013 Notes”) and 7½% Senior Subordinated Notes due 2015 of the Company (the “2015 Notes”), which offers expired at 11:59 p.m., New [...]

Ronald Reagan Washington National Airport Partners with EnergyConnect for Demand Response Services

EnergyConnect, an industry leader in innovative demand response technologies, executed a contract to become the provider of demand response services for Ronald Reagan Washington National Airport located in Arlington, Virginia.
Reagan National Airport, managed and operated by the Metropolitan Washington Airports Authority, operates two terminals and nearly 100 concessions, serving an average of 18.7 million passengers [...]

Suncor Energy to begin planned maintenance activities at Sarnia refinery

Suncor Energy Products Inc. announced that planned maintenance activities on parts of the company’s Sarnia refinery are scheduled to begin September 2.
This maintenance work is expected to take approximately six weeks and will involve approximately 600 contractors. Suncor expects to meet all customer supply agreements during the outage.
Suncor will focus on completing the maintenance work [...]

Chesapeake Energy Corporation Announces Marcellus Shale Joint Venture and International Unconventional Natural Gas Exploration Alliance with StatoilHydro

Chesapeake Energy Corporation announced the execution of an agreement for a joint venture with StatoilHydro whereby StatoilHydro will acquire a 32.5% interest in Chesapeake’s Marcellus Shale assets in Appalachia for $3.375 billion, leaving Chesapeake with a 67.5% working interest. The assets include approximately 1.8 million net acres of leasehold, of which StatoilHydro will own approximately [...]

Buckeye GP Holdings L.P. Confirms Receipt of Unsolicited Proposal From BGH GP Holdings, LLC

Buckeye GP Holdings L.P. confirmed that the Board of Directors of MainLine Management LLC, the general partner of BGH, has received an unsolicited proposal from BGH GP Holdings, LLC (“BGH Holdings”) to acquire all of the outstanding common units of BGH that are not already owned by BGH Holdings for $17.00 per common unit in [...]

Nation’s Most Visible Solar Array Dedicated at Denver International Airport

Today, a two megawatt (MW) solar energy system was dedicated at Denver International Airport (DIA). The solar photovoltaic system, spanning seven and a half acres at the airport’s entrance, will generate over three million kilowatt hours (kWh) of clean electricity annually, demonstrating Denver’s commitment to environmental sustainability by reducing carbon emissions into the atmosphere by [...]

The Alternative Energy Association Announces Three Point Plan to Stimulate America’s Economy

The Alternative Energy Association, Inc., a Florida-based non-profit organization has announced its Three Point Plan to stimulate the American economy, reduce our dependence on foreign oil and create millions of new jobs.
The Three Point Plan focuses on three solutions which relate to fuel efficient vehicles, solar power and wind energy. Highlights of the plan [...]

Reliant Energy to Sell Northeastern Electricity Marketing Assets to Hess Corporation

Reliant Energy announced today it has reached an agreement to sell the Northeastern electricity marketing assets of its retail subsidiaries, Reliant Energy Solutions East and Reliant Energy Solutions Northeast, to Hess Corporation.
These subsidiaries provide electricity and related services to more than 300 commercial and industrial customers in Delaware, Maryland, New Jersey, New York, Pennsylvania and [...]