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Random News from Tambang.Org

FirstEnergy’s Ohio Utilities File Motion to Stay, Request for Rehearing and Application for Fuel Recovery

Citing inconsistencies with state law and potentially serious financial consequences that could result from a recent Public Utilities Commission of Ohio (PUCO) ruling, FirstEnergy Corp.’s Ohio utility companies filed a Motion to Stay, as well as an Application for Rehearing and an Application for a Fuel Rider, and requested an expedited ruling from the [...]

PECO Partners With ENERGY STAR (R) To Provide Customers With More Energy Saving Tools

PECO has formed a partnership with ENERGY STAR to provide its customers with more money saving resources through the company’s website at www.peco.com/save. A new web-based, interactive home is now available to take visitors on a tour from attic to garage that is full of energy saving tips and green information.
PECO said it’s working to [...]

DuPont Launches Photovoltaic Solutions Business in India

DuPont announced the introduction of its DuPont Photovoltaic Solutions (DPVS) business in India. DuPont Photovoltaic Solutions is a leading global supplier to the photovoltaic industry, offering a broad and growing portfolio of innovative solutions for both crystalline silicon and thin film modules designed to help deliver clean, sustainable energy to enhance people’s lives. The DPVS [...]

Amen Properties Purchases Oil and Gas Interests in the Permian Basin

Amen Properties has acquired a 5% working interest and 4% net revenue interest in certain oil and gas properties (the “Properties”) from Aghorn Energy, Inc. (“Aghorn”) for a purchase price of $1,750,000, effective June 1, 2008. The Properties were acquired by Aghorn from Exxon Mobil Corporation on June 1, 2008 and consist of Exxon Mobil’s [...]

Clean Energy to Acquire FuelMaker, Natural Gas Fueling Appliances Maker from Honda

Clean Energy Fuels Corp. has entered into a definitive agreement with American Honda Motor Co., Inc. and The FuelMaker Trust to acquire FuelMaker Corporation of Toronto, Canada for (US) $17 million in cash. The acquisition is expected to be completed within 25 days.
FuelMaker (www.fuelmaker.com) manufactures, distributes, installs and services vehicle refueling appliances (VRA) and accessories [...]

USEC Inc. Submits Second Part of DOE Loan Guarantee Application

USEC Inc. submitted on August 29, 2008, the second part of a two-part application for a loan guarantee from the U.S. Department of Energy (DOE) to fund construction of the American Centrifuge Plant in Piketon, Ohio. USEC submitted the first part on July 24, 2008.
DOE invited nuclear energy projects to submit loan guarantee applications [...]

International Energy Announces Breakthrough Diagnostic Technology for Algae-Derived Biofuels

International Energy, Inc., a developer of leading-edge technologies for the renewable generation of photosynthetic biofuels, today announced that researchers have devised and instituted an important patent-pending technology capable of rapidly determining the accumulation of bio-oil and other high-value compounds in microalgae, an important advancement in the development of tools for the commercial production of biofuels [...]

Premium Petroleum Corp.: Continues to Seek up to $5,000,000 in Financing to Tie-in Existing Wells and to Fund Additional Drilling

Premium Petroleum Corp. continues to pursue financing alternatives. Debt, equity, and joint venture options are being reviewed.
The financing proceeds will be used to: equip and tie-in our Viking gas well (9-22); (approximately 1100 yards to the tie-in point), to test, complete, equip, and tie-in our Upper Grand Rapids Flowing Oil Sands well (14-15); to expand [...]

Leaf Completes a $10 Million Investment in MaxWest Environmental Systems, Inc.

Leaf Clean Energy Company, an AIM listed company incorporated for the purpose of investing in clean energy companies and projects in North America, is pleased to announce the completion of a $10 million Series A preferred stock financing in MaxWest Environmental Systems, Inc. (“MaxWest”).
MaxWest seeks to deploy proprietary waste-to-energy gasification technology using a variety of [...]

Earth Biofuels Acquires Ownership in American Petrox, Inc.

Earth Biofuels, Inc. announced it has acquired a 40% ownership stake in American Petrox, Inc., based in Plano, Texas.
API is a fuel supply company specializing in the supply of gasoline and diesel fuel to the aviation industry. API has supplied aviation companies such as American Airlines, Delta Airlines, and Continental Airlines with fuel for ground [...]