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Edge Resources Announces Issuance of Stock Options

Edge Resources Inc. announced today that it has granted incentive stock options for a total of 1,200,000 common shares of the Corporation at a price of $0.36 per share (with respect to 1,000,000 of the options) and $0.30 per share (with respect to 200,000 of the options) all for a period of five years, [...]

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, with varying amounts of [...]

Welwind Announces Final Approval for Zhanjiang Wind Farm PPA From Local Government

Welwind Energy International Corp. announces that it has received a letter of final approval from the local regional Mayor for the Zhanjiang Power Purchase Agreement (PPA).
As per China’s Renewable Energy Law, the Power Purchase Agreement with the local utility is mandated by the central Government of China. Through this legislation, the State officially encourages the [...]

PA Coal Association Opposes Federal Climate Change Bill

The Pennsylvania Coal Association (PCA) unanimously voted at its annual board meeting to oppose the federal climate change legislation (H.R. 2454, the Waxman-Markey bill or the American Clean Energy and Security Act of 2009), which now is before the U.S. Senate.
The statewide association of coal companies said the fundamental problem with Waxman-Markey is its intent [...]

Contango ORE, Inc. Announces Trading

Contango ORE, Inc. (CORE) announced that its stock is now trading on the OTCBB under the symbol CTGO. CORE has been formed to explore for gold and rare earth elements in the State of Alaska. One share of CORE has been distributed for each ten shares of stock of Contango Oil & Gas Company (Contango). [...]

IFQC Ranks Top 100 Countries by Gasoline Benzene Standards; U.S. Ranks 67th

The International Fuel Quality Center (IFQC) has ranked the top 100 countries based on benzene content standards in gasoline; Colombia came in first with the earliest implementation of the lowest benzene limits. Following in second and third were Canada and Luxembourg, respectively.
Benzene is found naturally in crude oil and thus passes into refined products, [...]

Covanta Announces Acquisition of Two Biomass Energy Facilities in Maine

Covanta Holding Corporation, a world leader in development, operation and ownership of Energy-from-Waste and renewable energy facilities, today announced that it has entered into an agreement to purchase two biomass energy facilities from co-owners Ridgewood Maine, L.L.C. and Indeck Energy Services, Inc.
The two nearly identical facilities, located in West Enfield and Jonesboro Maine, will add [...]

Analysis: Stocks-oil relation looks as it did in 2008 recession

The trading pattern of the prices of stocks and crude oil looks worryingly like it did just before the last recession.
Oil and equity prices rise and fall more or less in tandem when demand and economic growth expectations dictate prices. But the short-term relationship has been turned on its head in recent weeks with investors [...]

ESG Solutions Completes Large-Scale Microseismic Hydraulic Fracture Monitoring Program for Nexen Inc.

ESG Solutions (Engineering Seismology Group or ESG), an industry leader in microseismic technology and services, is pleased to announce the successful completion of the largest microseismic hydraulic fracture monitoring program conducted in Canada to date. The real-time microseismic mapping project for Nexen Inc. in the Horn River Basin in northeast British Columbia, Canada consisted [...]

Green Mountain Power Files for Rate Adjustment of Less Than Two Percent

Green Mountain Power today asked the Vermont Public Service Board to authorize a 1.58 percent rate adjustment to go into effect on January 1, 2009, as part of its alternative regulation plan. The increase is largely due to increases in regional transmission costs.
“While we know any increase in rates can be difficult for our customers, [...]