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 ravaged the U.S. Gulf coast last summer,...
Stocks were headed for their best week in nine on Friday as the market defied calls for a pullback despite signs of rotation into defensive and lagging sectors that could intensify in coming weeks. Signs of improvement in the economy and strong corporate earnings have propelled stock prices but tapering volume, meager gains and declining numbers of...
Johnson Controls, Inc. today broke ground on a fully-integrated battery recycling facility in Florence, S.C. The Florence Recycling Center, slated for completion during 2012 and to be operated by Johnson Controls’ Power Solutions business, represents a capital investment of more than $150 million and will create an estimated 250 new jobs and...
U.S. stocks were little changed on Thursday, paring losses after weaker-than-expected jobless claims and helped by a rise in Marathon Oil. Contributing to the weakness was a sharp drop in shares of Merck on disappointing drug trial news. The drugmaker was the biggest percentage decliner on the S&P 500. Weekly initial claims for unemployment benefits...
Sun River Energy, Inc. Sun River Energy, Inc.’s (the “Company” or “Sun River”) wholly owned operating company, Sun River Operating, Inc., set pipe on the Neal Heirs #1 well in southwestern Panola County, Texas at a total depth of 11,073 feet. Logging was completed on December 25, 2010. All of the objective formations...
Stocks fell on Friday after a court ruling in a key foreclosure case prompted investors to pull out of bank stocks, adding to weakness after a lackluster jobs report. Even with the decline, however, the S&P 500 and Dow recorded their sixth straight week of advances. The market has proved resilient despite expectations that stocks were due for a...
Suntech Power Holdings Co., Ltd., the world’s leading manufacturer of photovoltaic (PV) modules, and Standard Solar, Inc. are looking forward to powering cleaner energy solutions throughout the Mid-Atlantic U.S. under a new agreement by which Suntech will supply up to 5 megawatts of photovoltaic solar panels to the Maryland-based solar developer...
Verenium Corporation, a pioneer in the development of next-generation cellulosic ethanol and high-performance specialty enzymes, announced plans to build its first commercial-scale cellulosic ethanol facility in Highlands County, Florida. The Company has entered into long-term agreements with Lykes Bros. Inc., a multi-generation Florida agri-business...
XsunX, Inc., a solar technology company engaged in the build-out of its multi-megawatt thin film photovoltaic (TFPV) solar manufacturing facilities in Oregon, announced today that it has entered into a two-year supply contract for the sale of four (4) megawatts of it ASI-120 TFPV solar modules to an Oregon based firm specializing in over 20 years of...
Terra-Gen Power LLC,, a wholly-owned affiliate of ArcLight Capital Partners, announced today that, through an affiliated project company, it has acquired a portfolio of six wind projects from Airstream Energy LLC. The projects, which are located in Wyoming, Nebraska, Colorado, Kansas and New Mexico are in various stages of development and, when fully...