STWA, Inc. , an innovative technology company focused on improving the efficiency of large-scale energy transportation networks and reducing fuel consumption and emissions in diesel fleets, announced today that it is set to begin preliminary testing for AOT™ at the U.S. Department of Energy’s RMOTC (U.S. DOE) testing facility in Casper, Wyoming,...
Enhanced Oil Resources Inc. today announced that two of its wholly-owned U.S. subsidiaries have executed a reducing revolving Credit Facility with Regions Bank, Houston, Texas providing for up to US $25,000,000 in development financing for its oil and gas properties located in New Mexico. The new Credit Facility provides an initial borrowing base of...
Enterprise Products Partners L.P. nnounced today that the partnership has entered into 10-year agreements to handle a substantial portion of Chesapeake Energy Corporation’s (NYSE:CHK – News) liquids-rich natural gas production in the Eagle Ford Shale. Chesapeake’s gross acreage position currently comprises more than 625,000 acres in and around...
PBF Energy Company LLC today announced that its subsidiary, PBF Holding Company LLC, has completed its purchase of the Paulsboro Refining Company in Paulsboro, New Jersey from Valero Energy Corporation. The acquired assets include an 180,000 barrel per day refinery, and an associated natural gas pipeline. The purchase price is $340 million, subject...
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...