Chevron Welcomes Shell to the Wheatstone Project

Chevron Corporation today announced the signing of agreements with Shell Development (Australia) Pty Ltd to bring Shell into the Chevron-operated Wheatstone Project as a natural gas supplier and equity participant. George Kirkland, vice chairman, Chevron Corporation, said, “Chevron is pleased to welcome another participant into the Wheatstone Project.... 

Obama’s Visit to Brazil Yields ‘Encouraging’ Renewable Fuels Cooperation, According to Brazilian Sugarcane Industry Association

Two important announcements involving renewable energy made on the opening day of U.S. President Barack Obama’s official visit to Brazil, both directly relevant to Brazil’s successful sugarcane ethanol industry, are encouraging signs that Brazil and the U.S. are on a path to achieve free, unobstructed trade for clean, renewable biofuels.... 

GEMCO Awarded Contract for Over 8MW of Ontario microFIT Installations Across Ontario

Editors note: There is a photo associated with this release. Glenbarra Energy Management Corp is currently installing up to 800 ground mounted microFIT Photovoltaic Solar Systems across Southern Ontario. GEMCO has been engaged by Fovere Glenbarra Energy Fund IV (the “Fund”) of Toronto as General Contractor. The Fund has acquired the rights... 

Moody’s Confirms Nexen’s Investment Grade Credit Rating

Earlier today, Moody’s Investors Service announced the completion of their credit review and confirmed Nexen’s Baa3 rating with a negative outlook. We expect to retain this rating and remove the negative outlook by reducing our debt to levels commensurate with the rating by late this year or early 2012, and retaining sufficient cash to fund... 

Vermilion Energy Inc. Files Annual Information Form and Annual Report

Vermilion Energy Inc. announces the submission of its Annual Information Form (“AIF”) for the year ended December 31, 2010 to the System for Electronic Document Analysis and Retrieval. The AIF contains Vermilion’s Statement of Reserves Data and Other Oil and Gas Information as required under National Instrument 51-101. Vermilion has also filed... 

W2 Modifies the SunFilter 1 Reactor to Operate 300% More Efficiently on New Algae Strain

W2 Energy, Inc., a clean energy company is pleased to announce that as of March 1, it has converted the SunFilter 1 algae reactor to use Euglena Gracilis, a more efficient strain of algae. The Euglena Gracilis strain of algae grows in fresh water rather than saltwater, and can sequester 40% of the carbon dioxide dissolved in the water. The previously... 

Peabody Energy Announces New Business Development and Law Appointments

Peabody Energy announced today two new leadership appointments: Murray Hundleby has been named Vice President and Chief Legal Officer – Australia, and Rebecca L. Kujawa has been promoted to Vice President – Business Development. In this new position, Hundleby will lead the law department supporting Peabody’s Australian business platform from... 

Algonquin Power & Utilities Corp. Announces 2010 Fourth Quarter and Year End Financial Results

Algonquin Power & Utilities Corp. today announced financial results for the fourth quarter and year ended December 31, 2010. On October 27, 2009, Algonquin Power Income Fund became a wholly owned subsidiary of Algonquin Power & Utilities Corp. (collectively “APUC”), maintaining the same operations and business activities, but under... 

Dresser-Rand Announces Plan to Acquire Grupo Guascor S.L. (“GG”)

Dresser-Rand Group Inc., a global supplier of high-speed rotating equipment and service solutions, announced today that it has signed a Share Purchase Agreement (“SPA”) to acquire Grupo Guascor S.L. (“GG”) for an enterprise value of euro 500 million ($690 million) in a cash and stock transaction. The enterprise value includes... 

Cornerstone Provides Expertise in Newton County Renewable Energy Business Park Project Receiving LMOP Award

Cornerstone Environmental Group, LLC announced that it provided engineering design and compliance services for the Newton County Renewable Energy Business Park LFG Direct-Use Project, located in Brook, Indiana, one of six projects recently recognized by the U.S. Environmental Protection Agency as part of the Landfill Methane Outreach Program (LMOP)...