Aspen Aerogels Delivers Aerogel Insulation to Technip for Subsea Natural Gas Pipeline in Brazil

March 6, 2009 Category: Natural Gas
Aspen Aerogels Delivers Aerogel Insulation to Technip for Subsea Natural Gas Pipeline in Brazil

Aspen Aerogels has completed delivery of Spaceloft advanced thermal insulation to Technip for a 21-kilometer subsea natural gas pipeline off the coast of Brazil. Technip is building the rigid pipeline for the Brazilian state-run oil company Petrobras. The line will connect the Canapu field (1,700 meters deep) to the Cidade de Vitoria floating production... 

Constellation Energy to Sell Downstream Gas Business

February 4, 2009 Category: Natural Gas
Constellation Energy to Sell Downstream Gas Business

Constellation Energy announced it has reached a definitive agreement to sell its Houston-based downstream natural gas unit to Macquarie Group. Terms were not disclosed. The pending divestiture is one of several strategic initiatives the company has undertaken in recent months to reduce risk in its merchant businesses and improve liquidity through the... 

GDF SUEZ Completes Acquisition of Econergy International, a Renewable Energy Company

GDF SUEZ Energy International completes the acquisition of Econergy International for roughly 39 million GBP (approximately EUR 50 million). Econergy, a US company listed in the UK, is focused on renewable energy projects in Latin America (mainly) and North America. In addition to developing sustainable energy projects, the company is also actively... 

GDF SUEZ Builds Hydro Plant in Panama

September 29, 2008 Category: Hydropower

A subsidiary of GDF SUEZ will start the construction of a 115 MW run-of-the river hydro project following an auction for energy companies which took place on 9 September 2008. As a result of this auction, 100 MW have been sold to distribution companies for a period of 10 years, between 2013 and 2022. GDF SUEZ will provide 6,000 GWh for the length of... 

DCP Midstream Partners to Acquire Gas Gathering, Treating and Transportation Assets in Michigan for $145 Million

September 11, 2008 Category: Energy Storage, Natural Gas

DCP Midstream Partners, LP announced it has entered into an agreement to purchase Michigan Pipeline & Processing, LLC (MPP), a privately held company engaged in natural gas gathering and treating services for natural gas produced from the Antrim Shale of northern Michigan and natural gas transportation within Michigan. The sellers are two privately... 

GDF SUEZ Signs an Agreement to Acquire an Energy Company in the US

September 2, 2008 Category: Energy Storage, Natural Gas, Oil Energy

GDF SUEZ Energy International through its North American subsidiary announced today the signing of an agreement to acquire FirstLight Power Enterprises, Inc. FirstLight owns and operates a unique portfolio of 15 power generation plants – primarily pumped storage and traditional hydro facilities – and has a state-of-the-art natural gas peaking... 

Cheniere Energy Protects Business Operations

August 19, 2008 Category: Energy Management, Energy Saving

CoreXchangeSM, the IT industry’s fastest growing provider of advanced networking solutions, today announced that Cheniere Energy (AMEX symbol: LNG – News) has selected CoreXchange to provide business continuance and disaster recovery solutions to protect their critical data operations. ADVERTISEMENT Cheniere Energy customers expect a consistent... 

Chevron to Sell Fuels Marketing Business in Brazil to a Subsidiary of Ultrapar Participacoes

Chevron Corporation announced that two of its subsidiaries have entered into an agreement with a subsidiary of Ultrapar Participações S.A. (Ultrapar) to sell Chevron’s fuels marketing business in Brazil for approximately $730 million plus a working capital adjustment. The final amount will vary based on exchange rate fluctuations and the actual... 

China Domestic Production of Dimethyl Ether is Expected to Reach 4.36 Million Tons in 2008 and 7.84 Million Tons in 2009 and 14.84 Million Tons in 2010

August 8, 2008 Category: Alternative Energy, Coal Energy, Natural Gas

Research and Markets has announced the addition of the “The Development of China’s Coal-based Alcohol Ether Energy 2008” report to their offering. China’s current energy resources are typified by a huge resource of coal, but a shortage of gas and oil. The total reserves of petroleum and natural gas amounted to 15.5 billion barrels...