Offshore Finds Are Transforming Africa Into a Major Oil Producing Region

MarketResearch.com has announced the addition of GBI Research’s new report “Oil Market in Africa to 2015 – Offshore Finds Transforming Africa into a Major Oil Producing Region,” to their collection of Oilfield Equipment & Services market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6164897... 

BPZ Energy Announces $50 Million 2011 Capital Expenditures Plan

BPZ Resources, Inc. announces the 2011 capital expenditures plan, approximating $50 million, for continued development of the Company’s assets in northwest Peru. The majority of the capital budget is expected to be spent on offshore Block Z-1, primarily for the design and construction of an additional production platform for the Corvina oil field;... 

Philadelphia University and MAG Establish New Composites Institute to Develop Textile-Based Composites for Industrial Applications

Philadelphia University and MAG are establishing the Philadelphia University MAG Composites Institute for research and development of new textile-based composites that could have wide application in industry, including the aerospace, automotive and energy sectors. The new research institute will be funded in part by $1.1 million from MAG, whose chairman... 

AM Oil Resources & Technology Acquires Build Biodiesel Technology to Create Energy Diversity

AM Oil Resources & Technology Inc., announced that it has just completed design drawings to build a mobile bio-diesel device. The Company’s design is a mobile biodiesel production plant, capable of producing 2,000 to 3,000 gallons of biodiesel per week. The designed plant fits into a standard truck-trailer with dimensions 8 feet wide by 45 feet... 

FMC Technologies Awarded $45 Million Contract for StatoilHydros Heidrun North Project

FMC Technologies, Inc. announced that it has been awarded a contract from StatoilHydro for the manufacture and supply of additional subsea equipment for its Heidrun North project, located in the Norwegian Sea. This contract, valued at approximately $45 million in revenue, is a call-off from a previously announced frame agreement signed in 2007 with... 

Biofuels Power Announces Pilot Biomass Power Generation and Carbon Sequestration Project to Help with Hurricane Ike Cleanup

Biofuels Power Corporation announced that it will manage a project to use wood chips and other refuse from Hurricane Ike cleanup activities in the metro Houston area to fuel a pilot scale power generation and carbon sequestration project that will be connected to the ERCOT grid and provide up to 4 MW of low cost green electricity for Houston. The other... 

Met-Pro Corporation’s Systems Business Unit Receives Equipment Orders Totaling Approximately $1.2 Million

Raymond J. De Hont, Chairman and Chief Executive Officer of Met-Pro Corporation (NYSE: MPR), announced today that the Company’s Systems business unit has received approximately $1.2 million in orders to design and fabricate thermal oxidizer systems. These orders, one from a Fortune 500 company in the Southwest United States and the other from... 

Another NY School District Signs with Atlantic Energy Solutions for Energy Savings

Atlantic Energy Solutions, Inc. announcing that another Upstate New York Public School District is ready to begin its energy efficiency project. The school district has approved a guaranteed savings agreement with Atlantic Energy Solutions. The project scope, which has already been designed and in route to the State Education Department (SED) for review,... 

Geothermal Energy Improves U.S. Oil Recovery

Ormat Technologies, Inc. announces the successful co-production of geothermal power at a producing oil well. This project marks the first of its kind by providing onsite fuel free power that will increase the productivity and possibly extend the longevity of existing U.S. oil fields. Ormat, in a joint project with the Department of Energy (DOE) at the... 

GSMA Launches Renewable Energy Push For Mobile Networks

The GSMA launched the Green Power for Mobile programme with the goal of helping the mobile industry use renewable energy sources, such as solar, wind, or sustainable biofuels(1), to power 118,000 new and existing off-grid base stations in developing countries by 2012. Achieving that target would save up to 2.5 billion litres of diesel per annum and...