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 facilities in the United States, and potentially throughout the world. Under the initial phase of... Read more..

AMSC Enters Power Market in Turkey with Wind Turbine License to Model Enerji Ltd.

American Superconductor Corporation, a leading energy technologies company, announced today that it has licensed its proprietary WT1650 wind turbine design to Model Enerji Ltd., Turkey’s first megawatt-class wind turbine manufacturer. Under the terms of the contract, Model Enerji has exclusive rights to manufacture, sell, install, operate and maintain the WT1650 in Turkey and has non-exclusive rights for surrounding Mediterranean and Eastern European... Read more..

EnDevCo Issues Corporate Update

EnDevCo, Inc., the Energy Development Company, is pleased to update its shareholders and the investment community on the developments that have taken place over the last year and its current status as the Company continues to execute its business plan and corporate goals. “We have experienced tremendous growth over the last twelve months and would like to identify for our current shareholders and the investing public those events/activities... Read more..

Bristow Group Announces Agreement to Sell Aircraft

Bristow Group Inc., a leading provider of helicopter services to the offshore energy industry, today announced it has executed an agreement to sell 53 single-engine aircraft and related assets operating in the U.S. Gulf of Mexico to Rotorcraft Leasing Company, L.L.C. for $65 million. The sale is anticipated to result in a pre-tax gain of roughly $40 million or $0.75 per diluted share, after tax. This sale of assets is a continuation of Bristow’s... Read more..