BP and Russia’s Rosneft in share swap, Arctic pact

BP Plc and Russia’s state-controlled Rosneft (ROSN.MM) agreed to a share swap under which they plan to jointly explore for offshore oil and gas in a deal that gives the UK company access to areas of the Arctic previously reserved for Russian oil companies. BP (BP – News), recovering from its Gulf of Mexico oil spill disaster, will swap 5... 

Gulf Publishing Company’s Women’s Global Leadership Conference to Address Key Issues Facing the Energy Industry

On November 13 and 14, Gulf Publishing Company will host over 1,000 businesswomen, executives and industry leaders from top energy companies worldwide for the Fourth Annual Women’s Global Leadership Conference in Energy & Technology at the Westin Galleria in Houston. This two-day event is devoted exclusively to providing a forum for women... 

UOP and Ensyn to Form Joint Venture to Offer Second-Generation Biomass Technology

UOP LLC, a Honeywell company, announced today that it has signed a letter of intent with Ensyn Corp to form a joint venture to offer technology and equipment to convert second-generation biomass into oil for power generation, heating fuel and eventually for conversion into transportation fuels. UOP and Ensyn expect to finalize terms for the venture... 

Energy Storage Pilot Program Approved in ISO New England; Beacon Power Eligible to Participate and Earn Revenue

Beacon Power Corporation, a company that designs and develops advanced products and services to support more stable, reliable and efficient electricity grid operation, announced that the New England Power Pool (NEPOOL), the group of electric utilities, generators, and service providers within the ISO New England region, has voted unanimously in favor...