Enhanced Oil Resources Inc. Provides 2011 Activity Update

Enhanced Oil Resources Inc. is pleased to provide the following update regarding the Company’s proposed activity for 2011. The Company had previously announced on December 22nd 2010 that it had completed a $25 Million bank credit facility with Regions Bank. The credit facility capped a year where the Company produced four straight quarters of... 

Rising Oil Prices and Energy Security Issues Heighten Interest in Fuel Cell Electric Vehicles

Increasing oil price and growing concerns over energy security are helping accelerate the development and commercialization of fuel cell electric vehicles (FCEVs). Federal and local governments have been proactively funding fuel cell technology and in the medium term, there would be rigorous developments in fuel cell technology, standardization of production... 

Freedom Financial Holdings Receives Initial Round of Funding to Deploy Company’s Heavy Oil Initiative

Freedom Financial Holdings, Inc. CEO Brian Kistler announced that the company has received its initial round of financing to begin deployment of its heavy oil initiative. The company also recently announced it has secured Oil and Gas Leases for 500 acres of ground in Vernon and Barton County, Missouri. “Receiving a first round of funding from... 

Altira Demonstrates Its Commitment to Helping Meet Global Energy Demand by Investing in the Industry’s Leading Energy Recovery and Emission Control Provider

Altira Group LLC, a pioneer and leader in venture capital and private equity funding for energy technology companies, today announced a seven Million dollar investment in Eco Power Solutions (Eco Power), of Quincy, MA. Altira’s investment in Eco Power was made from its Altira Technology Fund V — a $176 Million fund focused on venture capital... 

Tri-Valley Subsidiary Arranges $5 Million Initial Funding to Accelerate Production

Tri-Valley Corporation announced that its subsidiary, Great Valley Production Services LLC (GVPS), has arranged its first $5 million tranche to fund expansion of equipment and infrastructure to accelerate oil and gas production increase on its six development properties in California. GVPS already has 17 steam generators with five in the field and 12... 

Investment Firm Allied Minds to Commercialize New University of Washington Algal Biofuel Technology

Allied Minds, a seed investment corporation specializing in early stage university business ventures, has partnered with the University of Washington to establish AXI, LLC to commercialize novel technology to develop and create commercially advantageous strains of algae for the production of biofuels. A number of factors have contributed to the increase... 

BP and Verenium Announce Significant Partnership to Accelerate the Commercialization of Cellulosic Ethanol

BP and Verenium Corporation announced the creation of a strategic partnership to accelerate the development and commercialization of cellulosic ethanol. The partnership combines a broad technology platform and operational capabilities in an effort to advance the development of a portfolio of low-cost, environmentally sound cellulosic ethanol production...