Grundfos Pumps Corporation and SunPower Corporation dedicated a 1.1 megawatt solar power system at the Grundfos facility in Fresno. The system features a ground-mounted, high-efficiency SunPower sun tracking system on a 7.5-acre site. It is expected to reduce carbon dioxide emissions generated at the site by almost 2.4 million pounds annually, which...
Tuscany Energy LTD report the successful drilling and completion of a horizontal oil well, in the Dina formation, in the Evesham area of southwestern Saskatchewan. The Tuscany et al. Evesham HZ 2B9-21-4B2-21-39-27 W3 well was drilled to a measured depth of 1467 m (759 m TVD) with a horizontal Dina section of 496 m. The well is currently producing 170...
An economic study released today shows a regional cap-and-trade policy would severely handicap Minnesota’s economy, causing sharp increases in energy prices and reducing net employment in Minnesota by 21,000 jobs by 2015. The report, titled “Economic Analysis of the Impact of a Midwest Regional Climate Policy on Minnesota,” was written...
Representatives from three leading international solar companies and the United Nations Environment Program (UNEP) — Dr. Zhengrong Shi, Suntech’s Chairman and CEO, Jeremy Leggett, Executive Chairman of Solarcentury, Mike Ahearn, Chairman and CEO of First Solar, and Achim Steiner, UNEP Executive Director — gathered at the United Nations...
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...
Ingen Technologies, Inc. (ITEC), manufacturer of various types of gas flow meters, announced that in a recent NEWSUSA® article Ingen’s Oxyview® flow meter, developed to help lung patients, is now ready to help car engines. The Oxyview® flow meter was developed to help patients afflicted with COPD, a market that exceeds $10 billion. In the meanwhile,...
United Refining Company (United), a leading regional refiner and marketer of petroleum products announces completion of an amendment to its secured revolving credit facility (the facility) led by PNC Bank, N.A., Agent Bank. The amendment increases the facility commitment from $100,000,000 to $130,000,000 effective November 21, 2008. The facility expires...
Increasing oil price and growing concerns over energy security are helping accelerate the development and commercialization of fuel cell electric vehicles (FCEVs). Federal and local governments have been proactively funding fuel cell technology and in the medium term, there would be rigorous developments in fuel cell technology, standardization of production...
Planalytics, Inc. announced today that Entergy Gulf States, Inc. (EGS) has received approval from the Louisiana Public Service Commission to hedge a portion of its 2009-2010 winter season gas requirements using the EnergyBuyer® Service. Planalytics’ year-ahead analysis of natural gas prices enables EGS to sort through market volatility and make...
The Dow Chemical Company called for a bolder, comprehensive, bipartisan national energy policy that will help stabilize prices, strengthen the economy, increase security, clean the environment and revitalize U.S. manufacturing with the release of Dow’s Energy Plan for America. “The new Administration and Congress will need to implement a...