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Duke Energy Named to Dow Jones Sustainability Index for North America

Duke Energy has been named to the Dow Jones Sustainability Index (DJSI) for North American companies in the electric utility sector.
“We’re especially pleased to have Duke Energy’s sustainability efforts recognized by Dow Jones for the third year in a row,” said Jim Rogers, chairman, president and CEO of Duke Energy. “This recognition validates our efforts [...]

Ameren Illinois Utilities ActOnEnergy Business Program Enjoying Immediate Success

Since the June 23rd introduction of the Ameren Illinois Utilities ActOnEnergy(TM) electric business customer incentive program, the initiative has demonstrated that Illinois businesses are eager to improve the energy efficiency of their facilities and operations.
As of Sept. 1, electric business customers have applied for 76 percent of the $3 million in standard and custom incentive [...]

Rising Costs Threaten Utility Sector’s Large Dividends

To combat rising costs, companies in the Electric Utilities Sector have been looking to mergers and acquisitions to keep profits steady and maintain their healthy dividends. Stricter environmental regulations require that any new power plants built that are large enough to produce 75,000 tons of carbon dioxide a year must use the best available control [...]

NEMI and Aviva to merge, creating a growth-oriented international coal and energy business.

NEMI Northern Energy & Mining Inc. and Aviva Corporation announce that they have entered into a merger implementation agreement to combine the businesses of the two companies to create a new growth-oriented international coal and energy group. The combined entity will provide investors with exposure to operating and development stage assets across attractive [...]

ICE Launches Argus Gasoline and Crack Spread Swaps

Argus Media is pleased to welcome the launch of two new Argus swaps on ICE’s over-the-counter marketplace. From today, the energy industry will be able to trade and clear Argus Northwest European Gasoline Swaps and Argus Northwest European Gasoline Swap vs Brent First Line Swaps on ICE’s platform. Argus gasoline prices are the main price [...]

US Farms, Inc. Well Positioned in Face of Recession

US Farms, Inc. discussed today what impact the recently announced recession in the US by the National Bureau of Economic Research will have on its Farming and Nursery businesses going forward into 2009.
Yan K. Skwara, CEO of US Farms, Inc., stated, “Worldwide market volatility has certainly affected financing in our business as a publicly traded [...]

South Carolina Electric & Gas Company Reaches Settlement Agreement on Fuel Cost Application

South Carolina Electric & Gas Co. (SCE&G), principal subsidiary of SCANA Corporation, has entered into a settlement agreement with the South Carolina Office of Regulatory Staff and the other parties of record regarding the company’s recent filing for a mid-period adjustment to the fuel cost portion of its electric rates. The agreement, which is subject [...]

Thorium Power Taps Nuclear Industry Veterans for Senior Management Team

Thorium Power, Ltd., the leading developer of non-proliferative nuclear fuel technology and a key provider of comprehensive advisory services, today announced the appointment of two new members to its senior management team. Kevin Yessian will serve as Thorium Power’s Vice President for Consulting Services while Linda Byus will be an Advisor on Investment Relations. The [...]

Holloman Energy Completes Securities Placement With Holloman Corp., Officers and Directors

Effective September 30, 2008, Holloman Energy Corporation, completed a $1.725 million private placement of its restricted corporate securities. Under the terms of a private offering approved by its Board of Directors, the Company sold 6,764,706 investment units at a price of $0.255 per unit to its controlling shareholder, Holloman Corporation, and other of its Officers [...]

Yingli Green Energy Signs PV Module Sales Contracts with GeckoLogic and Sinosol

Yingli Green Energy Holding Company Limited, one of the world’s leading vertically integrated photovoltaic product manufacturers, today announced it has entered into new PV module sales contracts with leading German PV players GeckoLogic GmbH and Sinosol AG.
28 MW PV Module Sales Contract with GeckoLogic
Yingli Green Energy signed a 28 MW PV module sales contract with [...]