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...
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...
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...
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...
Carbon Sciences Inc., the developer of a breakthrough technology to transform carbon dioxide (CO2) emissions into gasoline and other fuels, today commented on the source of hydrogen and energy efficiency of its unique CO2-to-Fuel technology. Dr. Naveed Aslam, inventor of the technology and the company’s chief technology advisor, commented: “Unlike...
Ventyx®, the world’s largest private software provider to the energy and utility industry, today announced that American Electric Power, the largest electricity generator in the United States, has committed to upgrade their enterprisewide work management and supply chain systems to the latest version of Asset Suite from Ventyx. AEP is one of...
Panasas, Inc., the global leader in parallel storage solutions, today announced that, through the deployment of a Panasas AS3000 parallel storage solution, Geofizyka Krakow is completing seismic processing jobs up to six times faster. This performance boost positively impacts its geophysicists’ productivity by providing faster results and the...
Ivara Corporation, the industry leader and innovator in asset performance management solutions, today announced that ScottishPower, a major utility company operating across the United Kingdom, selected Ivara EXP Enterprise asset performance management software to ensure the availability of the company’s generation equipment. The solution will be implemented...
TransAlta Corporation announced it has been named to the North American Dow Jones Sustainability Index (DJSI) for a third consecutive year. TransAlta is one of 22 Canadian companies on the index, and one of only two Canadian companies in the utility sector represented. This year, 125 companies were recognized on the North American DJSI. Inclusion in...
Solland Solar, Netherlands’ largest producer of solar cells, will enable the solar energy sector to take a major step forwards with its new Sunweb cell. By concentrating the generated energy to the back of the cell, Sunweb can offer a 2 percent higher output per cell. Processed and connected in a solar module, the output even increases to 9 percent....