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 [...]
Atlantic Energy Solutions, Inc. announce that the actual energy savings realized by Moriah Central School District has significantly exceeded the original expectations set for the project.
The three phase Moriah Central School District energy efficiency project began ten years ago in 1998. The first phase provided the school district with a new roof system by Firestone, [...]
Gensets companies are making a number of strategic alterations as market dynamics begin to shift. Greater focus is being placed on developing regions, where the bulk of new opportunities will be concentrated, as well as on providing gensets that comply with current and impending emission regulations.
The increasing emphasis on eco-friendly power generation means diesel genset [...]
Westinghouse Electric Company today announced sponsorship of a grant for Middle and High Schools focusing on science, technology or mathematics through a proposed hands-on project with students.
Administered through the company’s speaker’s bureau, N-Vision, the grant is designed to encourage both teachers and students to think of a creative project based on energy, math, science, or [...]
Enhanced Oil Resources Inc. announced the Company has completed the acquisition of approximately 1900 acres of productive land adjacent to the Milnesand San Andres Unit currently 100% owned by the Company. The acquisition covers the southern limits of the Milnesand San Andres Oilfield and will be a logical later stage step-out to the Milnesand CO2 [...]
Denbury Resources Inc. today announced that on December 31, 2010 it closed the previously announced sale of its ownership interests in Encore Energy Partners LP (NYSE:ENP – News) (“ENP”) to Vanguard Natural Resources, LLC (NYSE:VNR – News) (“Vanguard”). Denbury sold to Vanguard 100% of its interest in ENP’s general partner and approximately 20.9 million ENP [...]
Offshore Hydrocarbon Mapping plc (AIM: OHM) announced today the appointment of Dr. Michael Frenkel as V.P. of Research and Development, based in Houston, Texas. Previously Dr. Frenkel was V.P. of Geosciences at EMGS Americas.
During the last three years, Dr. Frenkel has been managing a spectrum of large-scale marine CSEM exploration projects and also served as [...]
Quorum Business Solutions, Inc., a leading provider of business and information technology solutions for the oil, gas, and renewable energy industry, announces that Mustang Fuel Marketing Company has entered into an agreement to license Quorum Gas Marketing to manage its commercial natural gas marketing activities.
“We were in the market for a system to manage [...]
A recent increase in U.S. inflation is driven primarily by rising commodity prices globally, and is unlikely to persist, Federal Reserve Chairman Ben Bernanke said on Monday.
The comments stood in sharp contrast to a string of U.S. central bank officials, some of whom have argued the time is coming for the Fed to begin tightening [...]
China’s Third Qinshan Nuclear Power Co. (TQNPC) hosted a celebration ceremony today to mark the 5th Anniversary of the completion of the Qinshan Phase III CANDU nuclear power plant project in Zhejiang Province.
Hailed by China’s President Hu Jintao as a “model for Canada-China cooperation” and the largest infrastructure project ever undertaken between Canada and China, [...]