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Random News from Tambang.Org

Venoco, Inc. Announces Exercise of Option

Venoco, Inc. announced that Denbury Resources Inc. has elected to exercise its option to purchase the Hastings complex from Venoco. Denbury and Venoco also entered into an amendment to the option agreement extending by one year certain of Denbury’s performance commitments with respect to implementing a CO2 flood in the Hastings complex.
“This is a [...]

Synergy Resources Corporation Acquires Leases Totaling Over 4,000 Acres

Synergy Resources Corporation, a developmental stage oil and gas exploration and production company, today announced that it has been awarded various leases under a State of Colorado Lease Auction comprising 1,600 acres with the potential of 75+ well sites. The Company has also signed additional leases in Nebraska and Weld County, Colorado comprising an additional [...]

Comverge Surpasses Half a Billion Dollars in Future Contracted Revenues

Comverge Inc., a leading provider of smart grid, demand management, and energy efficiency solutions, announced today that its future contracted revenues have surpassed $500 million, a significant milestone recently achieved with the signing of contracts with Progress Energy Carolinas and Pepco Holdings, Inc. Comverge expects over $350 million, or 70%, of this contracted revenue to [...]

Detroit Edison Submits Application for Possible New Nuclear Plant

Detroit Edison officials submitted to the U.S. Nuclear Regulatory Commission a Combined License Application for a possible new nuclear power plant at the site of the company’s existing nuclear plant near Newport, Mich.
“It is satisfying to reach this significant milestone, which is necessary if we are to maintain the option of building a nuclear power [...]

PowerSecure Announces Basil Briggs Retires as Chairman, Anthony Pell Assumes Post

PowerSecure International, Inc. today announced that Basil M. Briggs, 72, who has served as the non-executive Chairman of the Board of the Company since April 2007 and on the Board of Directors of the Company since 1991, has retired for health reasons. The Board has appointed Anthony D. Pell, an independent director who has served [...]

PECO to Lower Gas Rate by 5%, Effective Sept. 1

PECO will lower its natural gas rate, effective Sept. 1, due to a projected decrease in gas supply costs in the wholesale market. The bills for the typical residential customer will drop by 5.1 percent, or about $7 a month.
PECO can adjust the “purchased gas cost” portion of its gas rate each quarter, if necessary, [...]

AES Announces Extension of $500 Million Stock Repurchase Program

The AES Corporation today announced that it has extended its stock repurchase program of up to $500 million, which was introduced on July 7, 2010 and was set to expire on December 31, 2010. This amount includes those shares that have been acquired since the stock repurchase program began.
Under this authorization, the Company may repurchase [...]

Ronald Reagan Washington National Airport Partners with EnergyConnect for Demand Response Services

EnergyConnect, an industry leader in innovative demand response technologies, executed a contract to become the provider of demand response services for Ronald Reagan Washington National Airport located in Arlington, Virginia.
Reagan National Airport, managed and operated by the Metropolitan Washington Airports Authority, operates two terminals and nearly 100 concessions, serving an average of 18.7 million passengers [...]

Yingli Green Energy and TUV Rheinland Sign Strategic Partnership MOU

Yingli Green Energy Holding Company Limited, one of the world’s leading vertically integrated photovoltaic product manufacturers, today announced that it has entered into a memorandum of understanding with TÜV Rheinland (Shanghai) Co., Ltd. to form a strategic partnership covering a range of quality control initiatives at the Company. Under the proposed strategic partnership, TÜV [...]

GWS Technologies, Inc. to Offer Carbon Offset Program

GWS Technologies, Inc., a renewable energy technology company developing and marketing solar and wind-powered alternative energy products and solutions, today announced that it is developing a carbon offset program to help individuals and businesses participate in becoming “carbon neutral” by reducing their “carbon footprint,” which is the total contribution to the carbon dioxide level from [...]