As the economic crisis grows, and as leaders from around the world gather in Poland to address climate change, the Service Employees International Union (SEIU) and the Laborers’ International Union of North America (LIUNA) announced today that they are joining the Blue Green Alliance. The Alliance is a growing labor-environmental partnership to mobilize the nation [...]
GDF SUEZ Energy North America announced the acquisition of FirstLight Power Enterprises, Inc. (FirstLight) from Energy Capital Partners is now complete. FirstLight owns and operates a unique portfolio of 15 power generation plants — primarily pumped storage and traditional hydro facilities. It also has a state-of-the-art natural gas peaking power plant in construction. Together, these [...]
Randall S. Waldman and Larry Cottingham of Integrity Manufacturing LLC are in Santa Rosa, California today for meetings with the management of electric vehicle pioneer ZAP (OTC BB:ZAAP.OB).
Integrity Manufacturing has been working with the State of Kentucky to help provide incentives to attract more manufacturing and assembly to the state. On Friday The Kentucky Economic [...]
Buckeye Partners, L.P. announced that its subsidiary, Buckeye Albany Terminal LLC, completed the acquisition of an ethanol and petroleum products distribution terminal located in Albany, New York from LogiBio Albany Terminal, LLC, an affiliate of U.S. Oil Co., Inc. and LogiBio, LLC, for cash consideration of approximately $46.5 million. Additional consideration of $1.5 million will [...]
PAA Natural Gas Storage today announced that it has entered into a definitive agreement to acquire SG Resources Mississippi, LLC, (“SG Resources”). The primary asset of SG Resources is the Southern Pines Energy Center natural gas storage facility (“Southern Pines”). Total consideration is approximately $750 million. Subject to regulatory approval, the transaction is expected to [...]
Imara Corporation, a research, design and manufacturing company that has developed next generation lithium-ion battery technology, today officially launched and announced its plan to deliver U.S.-based energy storage solutions. Imara’s patented and proprietary battery technology breaks through current barriers of performance and energy capability, enabling new applications in power tools, outdoor power equipment, specialty [...]
SunOpta Inc. and SunOpta BioProcess Inc. announced that the arbitrator has rendered his decision in the arbitration proceedings with Abener Energia S.A. regarding the Equipment Supply and Engineering Services Agreement related to a bioethanol plant being constructed in Salamanca, Spain.
The ruling of the arbitrator partially allowed Abener’s claim and ordered payment be made to [...]
Suncor Energy Inc. reported today that the company’s oil sands production during December averaged approximately 323,000 barrels per day (bpd). The company achieved its oil sands production target for 2010 with annual production averaging approximately 283,000 bpd.
Production numbers include upgraded sweet and sour synthetic crude oil and diesel, as well as non-upgraded bitumen sold directly [...]
Canadian Imperial Venture Corp. has concluded a previously announced 5-well drilling program on the Company’s lands in southern Alberta.
Three out of 5 wells tested natural gas and due to contractual depth limitations the other 2 wells were not drilled deep enough to test the intended target.
The 5-wells drilled were disposable slim-hole tests. The fact that [...]
Active Power, Inc., inventor and manufacturer of the most energy-efficient critical power systems in the world, announced today it has sold and shipped one of its CleanSource® UPS (uninterruptible power supply) 1200 kVA system to Sun Microsystems. The flywheel based UPS system will provide power protection and conditioning for Sun’s Broomfield, Colo. based data center [...]