Enhanced Oil Resources Inc. Provides 2011 Activity Update

Enhanced Oil Resources Inc. is pleased to provide the following update regarding the Company’s proposed activity for 2011. The Company had previously announced on December 22nd 2010 that it had completed a $25 Million bank credit facility with Regions Bank. The credit facility capped a year where the Company produced four straight quarters of... 

Honeywell’s UOP and China National Petroleum Corp. to Collaborate on Biofuels Projects in China

UOP LLC, a Honeywell company, announced that it signed a memorandum of understanding with China National Petroleum Corp. (CNPC) under which the two companies will collaborate on a range of biofuels technologies and projects in China. Under the terms of the agreement, announced at the 20th meeting of the China-U.S. Joint Commission on Commerce and Trade... 

Dassault Systèmes Announces New Composite Crush Simulation Technology

Dassault Systèmes (DS), a world leader in 3D and Product Lifecycle Management (PLM) solutions, today announced the availability of CZone for Abaqus, from the DS SIMULIA brand, for simulating crushing of composite materials. CZone for Abaqus, a new add-on product for Abaqus FEA software, enables engineers to accelerate the design and evaluation of energy-absorbing... 

Atlantic Energy Solutions’ Director of Project Development Receives Mitsubishi Diamond Designer Certification

Atlantic Energy Solutions’ Chief Project Development Engineer recently completed training towards the Mitsubishi Diamond Designer Certification through Mitsubishi Electric. The training revolved around the Mitsubishi City Multi® product that utilizes variable refrigerant flow zoning to achieve simultaneous heating and cooling using economical... 

Massey Energy Names New Company President

Massey Energy announced that its board of directors has elected Baxter F. Phillips, Jr. to be president of the company, a position formerly held by Don L. Blankenship. Blankenship will continue to serve the company as chairman and CEO. Phillips most recently served as executive vice president and chief administrative officer of the company. In his new... 

Ventyx 2009 U.S. Power System Wall Map Captures Huge Growth in Renewable Power Investment

Ventyx®, the world’s largest private software provider to the energy and utility industry, today announced the release of the new 2009 U.S. Power System Map. Utilizing complex data from the energy industry’s most trusted source for market intelligence, Ventyx Velocity Suite, this new edition is the most detailed and up-to-date reference... 

South Africa’s Minister of Minerals and Energy Welcomes Denham Capital Investment in BioTherm Energy to Develop Power Generation Business

Denham Capital, a leading energy-focused global private equity firm, announced today that it will invest equity of up to R1,5 billion (US $150 million, 95 million pounds Sterling) in BioTherm Energy, a South African developer, owner and operator of renewable and clean energy generation projects. Commenting on Denham Capital’s investment, Buyelwa... 

MidAmerican and Constellation Energy Receive Early Termination of Hart-Scott-Rodino Act Waiting Period

MidAmerican Energy Holdings Company and Constellation Energy announced early termination of the waiting period required under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, related to MidAmerican’s proposed merger with Constellation Energy. “The clearance of the Hart-Scott-Rodino Act is another step forward in achieving the necessary... 

AECL Formalizes Strategic Agreement with China to Extend Nuclear Fuel Resources

Atomic Energy of Canada Limited (AECL) formalized an advanced nuclear fuel development agreement with China’s Third Qinshan Nuclear Power Co. (TQNPC), China North Nuclear Fuel Corporation and Nuclear Power Institute of China. The agreement is to jointly develop the technology for the use of uranium recovered from the spent fuel of light water... 

Constellation Energy Provides Update on Liquidity and Strategic Initiatives

Constellation Energy provided an update on its previously announced plans to increase available liquidity and reduce risk in its commodities businesses. Constellation Energy announced that the closing of the previously announced credit facility has been extended to no later than Nov. 26 and currently expects to receive total commitments from the banks...