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BP workers could have prevented rig accident: commission

BP had workers on the doomed Deepwater Horizon rig who could have prevented the missteps that led to the massive Gulf of Mexico oil spill, but they were not consulted, the White House oil spill commission said on Thursday.
In an expanded report on the causes of the BP drilling disaster that killed 11 workers and [...]

NSTAR Proposes Expanded Efficiency Programs in Time for Heating Season

In its first official step to implement the Green Communities Act, NSTAR Electric & Gas has filed a plan to expand its energy efficiency programs that are aimed at helping residential heating customers in time for the upcoming winter season. In collaboration with the Massachusetts Department of Public Utilities and the Massachusetts Department of Energy [...]

QuantumSphere Files Key Patent On Revolutionary Technology to Increase Lithium Ion (Li-ion) Battery Life

QuantumSphere, Inc., a leading developer of advanced catalyst materials, electrode devices, and related technologies and systems for portable power and clean-energy applications, today announced that it has filed a key patent for technology it has developed that extends the capacity of rechargeable lithium ion batteries up to five times. Next-generation batteries featuring this technology could [...]

Ricardo Creates New Strategic Business Group to Focus on Hybrid Vehicle Development

Ricardo, Inc., a leading independent provider of technology, product innovation and engineering solutions to the world’s automotive, military, transport and new energy industries, today announced the formation of a dedicated global strategic business group to focus the company’s state-of-the-art resources in technology, facilities and engineering skills on hybrid and electric vehicle development.
The new organization, to [...]

Entergy’s Louisiana Utilities to Hit 70 Percent Restoration Mark Sunday Night

Entergy Corporation’s Louisiana utilities expect to have power restored to 70 percent of Louisiana customers affected by Hurricane Gustav by Sunday night.
Entergy New Orleans, Inc. had restored power to 96 percent of its customers by 11:30 a.m. Sunday. Entergy Gulf Utilities Louisiana, L.L.C. estimated more than 60 percent of Baton Rouge metro area customers should [...]

IntercontinentalExchange, The Clearing Corporation and Nine Major Dealers Announce New Developments in Global CDS Clearing Solution

IntercontinentalExchange, Inc., a leading operator of global regulated futures exchanges and over-the-counter (OTC) markets, and The Clearing Corporation (TCC), today announced new agreements intended to advance their previously announced joint global clearing solution for Credit Default Swaps (CDS). Together with nine of the major global investment banks who are dealers in the CDS markets, ICE [...]

Senior Banking Executive Named to PPL Corporation Board

PPL Corporation announced Monday (12/20) that Steven G. Elliott, who has nearly four decades of auditing and banking experience, has been named to the company’s board of directors, effective Jan. 1, 2011.
Elliott currently serves as senior vice chairman of BNY Mellon. During his extensive career with that company, he served as chief financial officer, led [...]

Research and Markets: The Future of India Oil and Gas Storage Market to 2015- Trends, Drivers, Capex and Capacity Outlook of Storage Terminals and Companies

Research and Markets has announced the addition of the “The Future of India Oil and Gas Storage Market to 2015- Trends, Drivers, Capex and Capacity Outlook of Storage Terminals and Companies” report to their offering.
The Future of India Oil and Gas Storage Market to 2015- Trends, Drivers, Capex and Capacity Outlook of Storage Terminals and [...]

Biofuel Plantations on Tropical Forestlands Are Bad for the Climate and Biodiversity, Study Finds

Keeping tropical rain forests intact is a better way to combat climate change than replacing them with biofuel plantations, a study in the journal Conservation Biology finds.
The study reveals that it would take at least 75 years for the carbon emissions saved through the use of biofuels to compensate for the carbon lost through forest [...]

Hong Kong Highpower Technology Announces Groundbreaking on New Ni-MH Battery Manufacturing Facility

Hong Kong Highpower Technology, Inc., a developer, manufacturer and marketer of nickel-metal hydride (Ni-MH) and lithium-ion (Li-ion) batteries and related products, today announced the groundbreaking of its new Ni-MH battery manufacturing facility in Huizhou, Guangdong Province, China and commencement of building construction on site plans that have been environmentally certified.
In February 2007, the Company acquired [...]