Japan tsunami grazes Americas but impact light

Tsunamis triggered by Japan’s devastating earthquake that prompted thousands to flee the Pacific coast of North and South America caused flooding as far away as Chile on Saturday, but damage was limited. The tsunami lost much of its energy as it moved thousands of miles (km) across the Pacific Ocean, although governments took no chances and ordered... 

Helix Announces Departure of COO

Helix Energy Solutions Group, Inc. announced today that Bart Heijermans has resigned as Executive Vice President and Chief Operating Officer effective January 21, 2011. Mr. Heijermans’ duties will be assumed by Owen Kratz and other members of senior management. Owen Kratz, Helix’s President and Chief Executive Officer, stated “Since... 

Market flat, pares losses from jobless claims

U.S. stocks were little changed on Thursday, paring losses after weaker-than-expected jobless claims and helped by a rise in Marathon Oil. Contributing to the weakness was a sharp drop in shares of Merck on disappointing drug trial news. The drugmaker was the biggest percentage decliner on the S&P 500. Weekly initial claims for unemployment benefits... 

Denbury Completes Sale of its Interests in Encore Energy Partners LP; CO2 Injections Commence at Hastings Field

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... 

Alpha Natural Resources Donates $25,000 to The Nature Conservancy’s Clinch Valley Program

The Nature Conservancy announced today that Alpha Natural Resources has donated $25,000 to the international group to help advance its conservation work in southwestern Virginia’s Clinch River Valley. The gift will support a joint Nature Conservancy and Virginia Department of Mines, Minerals, and Energy (DMME) project to inventory and set priorities... 

Verari Financial Services (VFS) Group Announces Green Leasing Program

Verari Systems, a premier developer of independent blade-based computing and storage platforms for the data center with the highest density, availability, and energy efficiency in the market, today announced its Green Leasing Program offered by its Verari Financial Services (VFS) Group. The VFS Green Leasing Program offers a comprehensive approach to... 

CHS Success in 2008 Founded on Vision, Stability

Leaders of CHS Inc., one of the nation’s leading energy, grains and foods companies, attributed strong 2008 performance to maintaining financial stability and disciplined-growth during a period of unprecedented market volatility. “After five consecutive years of record results — the combination of our own hard work, growth and what... 

Black & Veatch Expanding Credit, Capital and Liquidity Risk Management Service for Energy and Water Clients

Black & Veatch, a leading global engineering, consulting and construction company, announced today that its management consulting division, Enterprise Management Solutions (EMS), has expanded its Enterprise Risk Management service to offer clients the capability to assess and manage corporate financial liquidity and capital adequacy. The service... 

ACES Power Marketing Supports New 150-MW Iowa Wind Project

ACES Power Marketing, a nationally recognized wholesale energy risk management and transaction execution services company — today announced that its origination efforts have paid off with the successful commencement of commercial operation of the 150-MW Story County wind project. The project is owned and operated by a subsidiary of FPL Energy,... 

World Energy and N.serve Conduct Breakthrough Global Certified Emissions Reduction Auction

World Energy Solutions, Inc., an operator of online exchanges for energy and green commodities, today announced N.serve Environmental Services GmbH sold 300,000 primary CERs to Electrabel GDF Suez via the World Green Exchange. The auction was structured to provide bidders with transparency into project characteristics and help N.serve transact with...