Green Energy Upgrades Make Corporate Office a Net Energy Producer

RCG LLC, developer of East Mill, and tenant Nexamp, Inc., a veteran-owned energy and carbon solutions company, recently completed extensive onsite renewable energy and energy efficiency improvements. These green energy upgrades make Nexamp’s corporate office a “beyond zero net-energy” workplace: a rare facility that produces more energy... 

BIO Urges EPA to Complete Sound Scientific Review Before Publishing Greenhouse Gas Emission Estimates for Biofuels

The U.S. Environmental Protection Agency must establish a sound, science-based model for measuring net greenhouse gas emissions related to biofuels production before releasing estimates that may understate the positive role biofuels play in reducing climate change emissions. The Biotechnology Industry Organization (BIO) today released a letter sent... 

Williams Exploring Changes in Company Structure to Enhance Shareholder Value

Williams announced that its management and board of directors are evaluating a variety of structural changes in the company to enhance shareholder value. The company expects to announce a specific direction in the first quarter next year. Among the potential changes is the separation of one or more of the company’s principal business units. Williams’... 

Argus Launches Price Assessments for Sakhalin Island Vityaz and Sokol Crudes

Argus, the international energy price reporting agency, has launched daily price assessments for Vityaz and Sokol crude oil from Russia’s Sakhalin island. Argus is the first price reporting service to offer daily assessments of Vityaz, whose output is expected to be around 90,000 b/d this year, rising to an expected plateau of 150,000 b/d from... 

ICIS Expands its Global Biofuel Coverage With Additional Price Quotes

ICIS pricing, the world’s largest information provider for the chemical and oil industry, has enhanced its US and European biofuel price reports with new quotations to reflect the growing demand and trade flows of biofuel globally. The new quotes reflect the diversity of a fast moving market which is driven by legislation, progress in technology,... 

Major Potential Changes Seen in U.S. Energy Policy after 2008 Election

The 2008 presidential election will mean major changes in United States energy policy. William F. Weld, partner advising on government strategies and energy policy for the law firm of McDermott Will & Emery and a former two-term governor of Massachusetts, believes that the biggest impact will come on two issues: climate change (global warming)... 

Consumers Energy: Customers Should Expect a 7 Percent Increase in Winter Heating Bills, Down Sharply from Earlier Projections

Consumers Energy customers should expect to see their natural gas bills go up about 7 percent this winter, down sharply from the double-digit increases projected earlier this year. Consumers Energy estimated today that the typical residential customer will see an average bill of about $160 a month this winter compared to about $150 a month last winter.... 

Judy Chu Says California’s Gas Consumption Down 5.6 Percent

Judy Chu, Ph.D., Chair of the California State Board of Equalization (BOE), released figures on gasoline consumption in California showing a decline of 5.6 percent in July 2008 from July 2007. Californians consumed 1.26 billion gallons of gasoline in July, which is 74.2 million gallons below that of July 2007. The average California gas price at the... 

Premium Petroleum Corp.: Continues to Seek up to $5,000,000 in Financing to Tie-in Existing Wells and to Fund Additional Drilling

Premium Petroleum Corp. continues to pursue financing alternatives. Debt, equity, and joint venture options are being reviewed. The financing proceeds will be used to: equip and tie-in our Viking gas well (9-22); (approximately 1100 yards to the tie-in point), to test, complete, equip, and tie-in our Upper Grand Rapids Flowing Oil Sands well (14-15);... 

New Challenges and Opportunities in Vehicle-to-Grid Power

Research and Markets has announced the addition of the “Vehicle-to-Grid Power: Challenges and Opportunities” report to their offering. The 1st Edition of Vehicle-to-Grid Power: Challenges and Opportunities is a 38-page report which seeks to pull together information on the current status of V2G power into a comprehensive overview to provide...