Vattenfall has acquired the Thanet Offshore Wind project off Margate, Kent, for the sum of GBP 35 million (SEK 435 million). On completion, the wind farm will have an installed capacity of some 300 MW. This will be almost three times the size of Lillgrund, Vattenfall’s largest wind farm in Sweden to date, and about [...]
Destiny, Florida, America’s first eco-sustainable city, announced today that the first green E-station in Florida will be located at the Southeast corner of 441 and State Road 60 in southern Osceola County. The 6,000-square-foot energy refueling station will contain traditional and renewable fuels, electric automobile charging stations along with a solar- and geothermal-powered green-mart convenience [...]
Mullen Group Ltd. announced today a number of transactions that will expand its fluid handling and hauling capabilities in northern Alberta and northeastern British Columbia.
“Acquiring businesses leveraged to fluid hauling and the production services segment of the oil and gas industry has been a strategic focus of the Mullen Group for several years. New [...]
Parker Drilling announced today it intends to report its financial results for the Fourth Quarter 2010 on Wednesday, Feb. 23. The Company expects to issue its earnings report that morning and will follow with a conference call at 10:00 a.m. CST (11:00 a.m. EST). Those interested in listening to the call by telephone may do [...]
Tri-Valley Corporation announced that its subsidiary, Great Valley Production Services LLC (GVPS), has arranged its first $5 million tranche to fund expansion of equipment and infrastructure to accelerate oil and gas production increase on its six development properties in California.
GVPS already has 17 steam generators with five in the field and 12 more being refurbished [...]
U.S. now leads world in wind energy generation but delay in extending federal tax credit places 2009 project pipeline on hold, discourages manufacturing investment
U.S. wind farms now generate more electricity than any other nation in the world and are on track to expand by over 45% this year, but the expiration of the federal production [...]
Chicago-based Midwest Wind Energy, LLC, a leading developer of wind farms in the Central United States, announced today that it has completed development of its sixth wind power project, surpassing the $1 billion threshold in developed project assets.
The six projects, which total 568 megawatts in nameplate capacity, are located in Illinois, Wisconsin, and Nebraska, and [...]
Hiland Partners, LP today announced a new system expansion project with the signing of an agreement with a third-party producer to construct and operate natural gas gathering pipelines, compression and related facilities around its existing Kinta gathering system in eastern Oklahoma. With the signing of this agreement, the third-party producer has dedicated approximately 7,040 gross [...]
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 return of posted [...]
Hagens Berman LLP, an investor-rights law firm, is continuing to investigate Hercules Offshore to determine if the company violated securities laws. The investigation began after the announcement of a Securities and Exchange Commission (SEC) and Department of Justice investigation of certain of the company’s activities.
Hagens Berman partner Reed R. Kathrein is continuing to lead the [...]