Chesapeake Energy Corporation Announces Marcellus Shale Joint Venture and International Unconventional Natural Gas Exploration Alliance with StatoilHydro

Chesapeake Energy Corporation announced the execution of an agreement for a joint venture with StatoilHydro whereby StatoilHydro will acquire a 32.5% interest in Chesapeake’s Marcellus Shale assets in Appalachia for $3.375 billion, leaving Chesapeake with a 67.5% working interest. The assets include approximately 1.8 million net acres of leasehold, of which StatoilHydro will own approximately 0.6 million net acres and Chesapeake will own approximately... Read more..

Ecosphere Technologies Delivers Mobile Water Recycling Plant to Newfield Exploration in Oklahoma

Ecosphere Technologies, Inc., a diversified water engineering and services company, announces the delivery of one of its Ecosphere Ozonix mobile water recycling systems to Newfield Exploration Company’s mid-continent operations near Coalgate, Oklahoma. The Ozonix mobile water recycling system is a fully self contained water recycling plant on a 53′ mobile trailer that can be moved from well site to well site to process frac flowback water. Dennis... Read more..

Enventure Achieves Record Setting 1000th Expandable Job

Enventure Global Technology, the pioneer in solid expandable technology, reached a major milestone with its 1,000th SET® expandable job. The installation demonstrates the acceptance and diversity of the technology and Enventure’s place as the leading technology innovator and experienced service provider. Using exclusive SET technology, Enventure installed a 47 ft 7-5/8 x 9-5/8 in. 36.0 lb/ft expandable Cased-Hole Liner to cover damaged casing... Read more..

Major Potential Changes Seen in U.S. Energy Policy after 2008 Election

The 2008 presidential election will mean major changes in United States energy policy. William F. Weld, partner advising on government strategies and energy policy for the law firm of McDermott Will & Emery and a former two-term governor of Massachusetts, believes that the biggest impact will come on two issues: climate change (global warming) and dependence on foreign oil. Mr. Weld says both Senator John McCain and Senator Barack Obama have... Read more..

China to Lead Way From Global Recession to Greener World Through Innovative Technologies, Declares Distinguished Scientist

At a Press & Investor Conference at The Geological Society of London on 30th October 2008, Professor Kenneth Hsu, Director of Kenneth Hsu Consulting (UK), announced the company’s technological inventions, to alleviate the global energy, water, environmental and economic crises, to an audience which included Chinese government officials, overseas Chinese trade delegates and Chinese media. ADVERTISEMENT Professor Hsu, who is also President... Read more..

Premium Petroleum Corp.: Continues to Seek up to $5,000,000 in Financing to Tie-in Existing Wells and to Fund Additional Drilling

Premium Petroleum Corp. continues to pursue financing alternatives. Debt, equity, and joint venture options are being reviewed. The financing proceeds will be used to: equip and tie-in our Viking gas well (9-22); (approximately 1100 yards to the tie-in point), to test, complete, equip, and tie-in our Upper Grand Rapids Flowing Oil Sands well (14-15); to expand our drilling program; and for general working capital purposes. It is anticipated that the... Read more..

Exousia’s AEGEON Division Introduces Underwater Curing Epoxy Coatings

Exousia Advanced Materials, Inc., a leader in advanced coatings and industrial materials, announced through its wholly owned subsidiary, AEGEON Advanced Coatings, the introduction of its 9400 Series Underwater Curable Epoxy Coatings. These high-performance industrial coatings provide superior corrosion protection in underwater and high humidity locations. The 9400 Series’ ability to cure under water allows it to be applied at sea, below the... Read more..

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 a landfill gas purification customer in the Northeast United States, are expected to be delivered during... Read more..

NEMI and Aviva to merge, creating a growth-oriented international coal and energy business.

NEMI Northern Energy & Mining Inc. and Aviva Corporation announce that they have entered into a merger implementation agreement to combine the businesses of the two companies to create a new growth-oriented international coal and energy group. The combined entity will provide investors with exposure to operating and development stage assets across attractive metallurgical and thermal coal projects. The Merger is expected to be completed by... Read more..

Lux Research Introduces Water Technology Practice

Pressures on water availability are reaching new heights, with nearly half the world’s population facing severe water stress. Business leaders are seeking new opportunities to both meet these requirements and generate defensible profits, spending more than $220 billion in the last ten years on water deals. To assist them, Lux Research today introduced the Lux Water Intelligence service, which combines global innovation scouting with comprehensive... Read more..