Valerus Compression Services Opens Office in Argentina

Valerus Compression Services, a worldwide leader in natural gas handling services specializing in natural gas processing, treating and compression, has opened an office in Buenos Aires, Argentina, to better serve the growing natural gas market in South America. The new office will support Valerus’ growing customer base in the Latin America region... 

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,... 

Environmental Power Announces Offering of Convertible Notes to Fund Renewable Energy Projects

Environmental Power Corporation announced the offering of its 13% Convertible Notes due January 1, 2014. Proceeds from the sale of the notes will be used to fund the construction and operation of the renewable energy projects being developed by Environmental Power’s subsidiary, Microgy, Inc., and its affiliates. The notes will be offered at par,... 

Global Clean Energy Holdings Acquires Operating Jatropha Farm in Belize

Global Clean Energy Holdings, Inc., a Los Angeles based biofuel feedstock development and operations company, announced today the acquisition of Technology Alternatives Ltd. (“TAL”), a Belizean based Jatropha producer, for stock and the assumption of existing debt. TAL owns and operates a 400 acre actively producing Jatropha farm in subtropical... 

NxtGen Emission Controls Inc. Announces the Close of a $15.4 Million USD Series ‘B’ Investment Led by Altira

NxtGen Emission Controls Inc. announced the closing of a $15.4 million USD Series B investment led by Altira Group LLC. NxtGen is an emerging leader in syngas technology for diesel engine combustion optimization. NxtGen’s technology is making existing and new engines cleaner to meet global emission reduction regulations. It provides a platform... 

Duke Energy Ohio Reaches Agreement on Electric Security Plan

Duke Energy Ohio announced today that a settlement agreement has been reached with most intervening parties, the Staff of the Public Utilities Commission of Ohio (PUCO) and the Ohio Consumers’ Counsel on its electric security plan under Ohio’s new energy law. The agreement, which establishes generation rates for 2009 through 2011, must be... 

GDF SUEZ Completes Acquisition of Econergy International, a Renewable Energy Company

GDF SUEZ Energy International completes the acquisition of Econergy International for roughly 39 million GBP (approximately EUR 50 million). Econergy, a US company listed in the UK, is focused on renewable energy projects in Latin America (mainly) and North America. In addition to developing sustainable energy projects, the company is also actively... 

Freedom Watch Attorney Larry Klayman Serves Complaint on OPEC Oil Minister

In a bold stroke worthy of a process server’s academy award, Freedom Watch Chairman and Chief Legal Counsel Larry Klayman leapt out from a line of TV cameras Friday to serve a complaint on an OPEC oil minister. The lawsuit filed on behalf of Freedom Watch in Southern District, Miami, Florida, charges OPEC with illegal price fixing, market division... 

Former U.S. Under Secretary of Commerce Kenneth I. Juster to Advise Sunovia Energy Technologies

Sunovia Energy Technologies, Inc. announced that former U.S. Under Secretary of Commerce Kenneth I. Juster has agreed to serve as a senior advisor on the company’s advisory board. Under Secretary Juster will provide strategic counseling and assistance on a range of issues relating to public policy and international commerce. Sunovia, an early-stage... 

Rosetta Resources Inc. Reaches Settlement With Calpine Corporation and Provides Reserves and Impairment Update

Rosetta Resources Inc., an independent oil and gas company, today announced it has reached an agreement to settle its pending litigation with Calpine Corporation. The agreement will allow Rosetta to complete the transaction by which it purchased Calpine’s oil and gas business on July 7, 2005. The agreement will also extend the contract by which...