Amiworld Announces Appointment of New Independent Auditor

Amiworld, Inc., an international energy company engaged in the production and distribution of diversified fuel products and services with a focus on emerging global economies, announced that it has engaged Stark Winter Schenkein & Co., LLP, a Denver-based firm as its new independent registered public accounting firm to perform Amiworld’s annual financial statement audit, as well as quarterly reviews of the company’s financial statements... Read more..

PetroSun Announces Expansion of Fuel Products Line

PetroSun, Inc. announced that PetroSun BioFuels Marketing, a wholly owned subsidiary, has expanded its fuel products line through an agreement with Intelaform, Inc. of Germantown, Maryland. The agreement includes D2, JP54 and M100 for spot and twelve-month contracts. PetroSun BioFuels Marketing will continue to provide B99, B20 and B5 biodiesel to domestic and international markets. PetroSun, Inc. is a diversified energy company with technology and... Read more..

Terrabon Dedicates Energy Independence I, an Advanced Biofuels Research Facility in Bryan, Texas

Terrabon, L.L.C. held dedication ceremonies Friday, November 7, for its new Advanced Biofuels Research Facility in Bryan, Texas. The event marked completion of the facility, christened Energy Independence I, which will confirm the scaled-up, commercial feasibility of the Company’s MixAlco(TM) technology. MixAlco converts readily-available, low-cost, non-food biomass into chemicals that can be processed into renewable gasoline. Speaking at the... Read more..

Foster Wheeler Awarded Coal-to-Liquids Feasibility Study in China

Foster Wheeler Ltd. announced that its subsidiaries, Foster Wheeler Energy Limited and Foster Wheeler International Engineering & Consulting (Shanghai) Co. Ltd., together with its consortium partner, Wuhuan Engineering Company, have been awarded contracts by Sasol Synfuels International (Proprietary) Limited (Sasol) and Shenhua Ningxia Coal Industry Group Company Ltd. (Shenhua) to perform a feasibility study for an 80,000 barrels per day coal-to-liquids... Read more..

Synthesis Energy Systems Executes Joint Venture Agreement with YIMA Coal Group to Advance Coal Gasification Project in Henan Province, China

Synthesis Energy Systems, Inc., a global industrial gasification company, announced that it has entered into the primary joint venture agreement with YIMA Coal Croup (“YIMA”), a large Chinese integrated coal company, for the development of a coal gasification plant (the “Plant”) which will feed downstream process for the production of transportation fuels and chemicals intermediates in Henan Province, China. The joint venture... Read more..

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 in the fourth quarter of 2008. The joint venture company will offer Ensyn’s proven Rapid Thermal... Read more..

Sustainable Power Corp. Capable of Generating Electricity From Its Raw Biocrude Utilizing Texas Power Systems’ Generators

Sustainable Power Corp. announced today that in furtherance of its agreement with Texas Power Systems, it has completed testing of TPS’s generators with the biofuel product taken DIRECTLY from Sustainable Power’s reactors. These tests prove that Sustainable Power can utilize the biocrude from its reactors directly in the TPS generators without any further refining. In addition, the testing has determined that Sustainable Power’s... Read more..

Sustainable Power Corp. Acquires Interest in Texas Power Systems

Sustainable Power Corp. announced that it has reached an agreement with Texas Power Systems, a division of TPS Houston Group LLC, pursuant to which SSTP will acquire a 30% interest in TPS. TPS Houston Group, LLC was formed in August 2004, to acquire, remanufacture, service, sell and distribute power generators to meet the needs for power generation in areas of municipal power, drilling applications, prime and stand-by power requirements in the world... Read more..

Sustainable Power Corp. Moves Forward With Strategic Alliance With Pemco Energy AS

Sustainable Power Corp. announced that in furtherance of its agreements with Pemco Energy AS, a Norwegian company, a team of five principals and scientists from Pemco met with the Company at the Company’s facilities in Baytown on August 27 through August 29 and witnessed and assisted with production of biofuel products through the Company’s reactors. Samples of the biofuel products produced and test results have been sent to Norway for... Read more..

Oil down as weak demand outweighs Georgia conflict

Oil prices fell about a dollar Thursday, pulling back from the previous day’s rally as waning U.S. demand for energy overshadowed supply threats from the conflict in Georgia. Crude fell as low as $112.59 a barrel before settling at $115.01 as traders continued to ponder Wednesday’s U.S. Energy Department report on weekly fuel inventories. The department’s Energy Information Administration reported a bigger-than-expected drop in gasoline... Read more..