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China Energy Recovery Announces the Addition of James Zhao as CTO of Its Operating Affiliate

China Energy Recovery, Inc., a leader in the waste-heat recovery sector of the alternative energy industry, today announced that Mr. James Zhao is joining China Energy Recovery to serve as CTO of Shanghai Hai Lu Kun Lun Hi-tech Engineering Co., Ltd., an operating affiliate of CER. The announcement was made by China Energy Recovery’s Chairman [...]

Voyager Petroleum Acquires Scrap USA, LLC

Voyager Petroleum Inc. , an emerging leader in eco–friendly processing and oil distribution today announced the execution of a definitive agreement formalizing the acquisition of Scrap USA, LLC. The effectiveness of this acquisition is subject to satisfaction of standard terms, none of which is expected to impede effectiveness. As part of the terms of this [...]

BP and Russia’s Rosneft in share swap, Arctic pact

BP Plc and Russia’s state-controlled Rosneft (ROSN.MM) agreed to a share swap under which they plan to jointly explore for offshore oil and gas in a deal that gives the UK company access to areas of the Arctic previously reserved for Russian oil companies.
BP (BP – News), recovering from its Gulf of Mexico oil spill [...]

Raser Technologies Completes Initial Commissioning Tests of Thermo

Raser Technologies, Inc., a leader in geothermal power generation, announced that it is nearing completion of the commissioning process of the 50 power generation units at its first commercial-scale power plant, in Beaver County, Utah, demonstrating the viability of advanced technology that can make geothermal a major price-competitive resource for this country’s energy supply. Most [...]

Patriot Energy Corporation Acquires Exclusive License From Tectane Technologies Corporation

Patriot Energy Corporation announce the acquisition of an exclusive license to Tectane Technologies Corporation’s proprietary and patented technologies.
According to the exclusive 99 year leased license agreement, Patriot Energy Corporation will market Tectane Technologies’ global warming solutions including but not limited to the patented AQUAHOL Fuel and Fuel Systems enabling the injection of water and ethanol [...]

New Areas of Demand Increase Growth Potential of the Global Diesel Gensets Market

Gensets companies are making a number of strategic alterations as market dynamics begin to shift. Greater focus is being placed on developing regions, where the bulk of new opportunities will be concentrated, as well as on providing gensets that comply with current and impending emission regulations.
The increasing emphasis on eco-friendly power generation means diesel genset [...]

A-Power Energy to Present at the BNP Paribas 15th Annual China Conference in Hangzhou, China

A-Power Energy Generation Systems, Ltd., announced today that the Company has been invited to present at the BNP Paribas Securities 15th Annual China Conference at the Hyatt Regency in Hangzhou, China on Wednesday, October 15, 2008 at 1:45pm China time.
Attendance at the conference is by invitation only and can be obtained by contacting a representative [...]

NGP Capital Resources Company Realizes Gain from Portfolio Company Transaction

NGP Capital Resources Company announced the full realization of its investments in Rubicon Energy Partners, LLC (“Rubicon”).
On August 7, 2008, an undisclosed buyer completed the acquisition of the assets of Rubicon for $121.9 million. Concurrent with the sale, Rubicon repaid its Senior Subordinated Secured Multiple-Advance Term Loan (the “Term Loan”) in full. Subsequent to repayment [...]

Enbridge to Further Expand Athabasca Pipeline Capacity

Enbridge Inc.announced today a further expansion of its Athabasca Pipeline to its maximum capacity of approximately 570,000 bpd. The expansion is required to accommodate additional contractual commitments beyond those reflected in the initial expansion announced in September. The estimated incremental cost of the additional expansion is approximately $200 million with a targeted completion date of [...]

GreenSmith Launches Intelligent Distributed Energy Storage System (DESS)

GreenSmith Energy Management Systems, Inc., a leading innovator of intelligent Distributed Energy Storage Systems (DESS), unveiled its proprietary battery unit which shifts electricity load from peak-to off-peak.
The storage system allows utilities to realize measurable reliability and cost benefits by recognizing immediate advantages of the peak versus off-peak arbitrage, ancillary services, efficient distributed energy generation capture [...]