Companies West Group Inc. continues to exploit diverse natural energy resources to fund the company’s long term goal of providing alternative energy solutions. The company has recently engaged in the coal mining sector and will now employ the profits acquired from crude oil production. Companies West has and will continue to use the most current...
Big things often come in small packages. That’s certainly the case with the potential created by recent successes in hydrogen research at Idaho National Laboratory. Steve Herring, technical director of the High Temperature Electrolysis Nuclear Hydrogen Initiative, holds in his hand a solid-oxide electrolysis cell no larger than a standard CD....
Hydrogen researchers at the U.S. Department of Energy’s Idaho National Laboratory have reached another milestone on the road to reducing carbon emissions and protecting the nation against the effects of peaking world oil production. Stephen Herring, laboratory fellow and technical director of the INL High Temperature Electrolysis team, today announced...
As political pressure mounts to delay California’s ambitious global warming policies, a new report from University of California researchers examines the economic impacts of putting the Governor’s climate program on hold. Energy Prices and California’s Economic Security, a project sponsored by Next 10, a nonpartisan, nonprofit organization,...
Teekay LNG Partners L.P. announced that it has priced its follow-on public offering of 4,000,000 common units, which represent limited partner interests, at $17.60 per unit. Teekay LNG has granted the underwriters a 30-day option to purchase up to an additional 600,000 units to cover over-allotments, if any. The Partnership expects to use the proceeds...
IDGLOBAL Corp announce to shareholders that the Board of Directors has decided to fully focus their immediate oil & gas M&A targets to within the prolific Permian Basin. These targets will include both producing projects as well as drilling prospects. The Permian Basin entails approximately 250 by 300 square miles covering portions of South...
Sunoco Inc. announced that it will permanently close its polypropylene manufacturing facility located in Bayport, Texas, no later than April 30, 2009. The facility can produce approximately 400 million pounds of polypropylene each year. “The decision to close the facility was made after an extensive review which demonstrated that the plant is no longer...
Petroplus Holdings AG announced that an incident occurred at its Ingolstadt refinery. At approximately 23:15 Central European Time (CET) yesterday, a fire occurred at a reflux pump associated with the crude oil unit. Refinery and local emergency response teams responded to the incident and the fire was immediately brought under control and extinguished...
Carbon Sciences Inc., the developer of a breakthrough technology to transform carbon dioxide (CO2) emissions into gasoline and other fuels, announced that representatives of oil refineries expressed a high level of interest in the company’s technology at the ACI Downstream CO2 & Energy Efficiency Forum held December 3-5 in Istanbul, Turkey. Derek...
The International Fuel Quality Center (IFQC) has ranked the top 100 countries based on benzene content standards in gasoline; Colombia came in first with the earliest implementation of the lowest benzene limits. Following in second and third were Canada and Luxembourg, respectively. Benzene is found naturally in crude oil and thus passes into refined...