Platts Survey: October OPEC Oil Output Dropped to 32.26 Mil. Barrels Per Day

The 13 members of the Organization of the Petroleum Exporting Countries (OPEC) pumped an average 32.26 million barrels per day (b/d) of crude oil in October, according to a Platts survey of OPEC and oil industry officials just released. This is a 210,000 b/d decline from the September level of 32.47 million b/d. Excluding Iraq, production from the 12... 

Goldman Sachs and Blue Source Create Strategic Alliance to Market U.S. Greenhouse Gas Emission Reductions

The Goldman Sachs Group, Inc. and Blue Source LLC today announced a strategic alliance that combines Goldman’s global leadership in commodities trading and financial risk management with Blue Source’s leading climate change portfolio. As part of the alliance, Goldman Sachs has purchased an equity stake in Blue Source LLC. Goldman Sachs will off-take,... 

Piedmont Natural Gas Selects Century City Site For New Nashville Operations Center

Charlotte-based Piedmont Natural Gas has selected a site in Davidson County for its new Nashville operations center. Construction on Piedmont’s new Century City facility will begin later this year and should be completed sometime in the spring or summer of 2010. The Company employs approximately 210 people locally, and serves more than 170,000... 

Babcock & Brown Commences Construction of Majestic Wind Farm in Texas Panhandle

Babcock & Brown, a leader in wind energy development, operation and maintenance, today announced the closing of financing and commencement of construction of its 79.5 megawatt (MW) Majestic Wind Farm near Panhandle, Texas, northeast of Amarillo. The project is expected to finish construction and reach full commercial operation before the end of... 

Natural Resource Group, LLC Announces Local Presence in Las Vegas, Nevada

Natural Resource Group, LLC (NRG) recently opened the doors to its newest office located in Las Vegas, Nevada. NRG has been providing environmental and public affairs consulting to the energy industry since 1992. This expansion marks the completion of an 8 year plan to establish regional offices throughout the United States. NRG’s locations now include...