Green Energy Resources Inc. commenced shipping 20,000 tons of Hurricane Ike wood to Sempra Energy’s Twin Oaks power plant located near Waco, Texas. The 170 megawatt power plant is temporarily switching from coal to wood biomass to be “greener”, according to the announcement on the power plant’s website. Green Energy Resources is the subcontracted supplier. Green Energy Resources is collaborating on multiple projects nationwide... Read more..
Biofuels Power Corporation announced that it will manage a project to use wood chips and other refuse from Hurricane Ike cleanup activities in the metro Houston area to fuel a pilot scale power generation and carbon sequestration project that will be connected to the ERCOT grid and provide up to 4 MW of low cost green electricity for Houston. The other operating partners in the project are DSMC of Humble, Texas, a waste wood storage facility owner... Read more..
Gulfport Energy Corporation announced that all four tank batteries at its West Cote Blanche Bay (“WCBB”) field were operational as of October 10, 2008. Total company production from October 11 to October 16, 2008 averaged approximately 5,784 barrels of oil equivalent per day (“BOEPD”) as compared to average production of 5,669 BOEPD from August 1 to August 29, 2008 prior to curtailing production for Hurricane Gustav. From October... Read more..
Entergy Corporation indicated that it expects third quarter 2008 as-reported earnings of approximately $2.40 per share and operational earnings of $2.49 per share compared to as-reported and operational results of $2.30 per share in third quarter 2007. As-reported results are prepared in accordance with generally accepted accounting principles and are comprised of operational earnings (described below) and special items. As-reported earnings in third... Read more..
Green Energy Resources is working to acquire as much as one million tons of hurricane wood in Southeast Texas. Green Energy Resources is the first company to actively work with a storm contractor under FEMA’S new PA-Pilot program implemented in 2008 . The PA-Pilot program is intended to recycle storm damaged wood. The program was implemented in part through the efforts Green Energy Resources has made over the last five years to pressure and... Read more..
Crosstex Energy, L.P. announced that the majority of its assets in Texas and Louisiana sustained minimal physical damage as a result of Hurricane Ike. Most of the Partnership’s facilities along the Gulf Coast are resuming or have resumed operations. However, the Sabine plant, because of its proximity to the Louisiana Gulf coast, sustained some damage that is still being assessed. It is expected the plant will not be operational for at least four... Read more..
It took more than Hurricane Ike to “shut in” World Energy. The energy industry’s widely read and respected publisher continued operations during the storm and immediately afterward. First on the agenda was completing production of its World Energy Monthly Review – with a cover story criticizing U.S. media hype over hurricanes. Though its Houston headquarters endured a 10-day power outage, the facility survived largely intact. “I’m pleased... Read more..
Sustainable Power Corp. announced today that it has tested standard Municipal Solid Waste in the Company’s reactors and not only was the company successful in producing biofuels in the process, but was able to obtain results which exceeded what it had accomplished with its other fuel stocks. The Company has already commenced discussions with substantial sources of waste. These tests resulted in as much as 19.2 pounds of biofuels products resulting... Read more..
Westar Energy crews are heading east to help E.ON U.S. with power restoration from outages caused by intense winds as remnants of Hurricane Ike pushed through the state. E. ON U.S., based out of Louisville, Ky., owns and operates Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU). Remnants of Ike caused power outages to approximately 75 percent of LG&E’s service territory. As of early this morning, 159,000... Read more..
TexCom, Inc. reported that its M.B. Energy, LLC subsidiary resumed operations on Monday morning following a brief shutdown over the weekend due to Hurricane Ike. Located in Chambers County, Texas, one of the areas hardest hit by Ike, M.B. Energy disposes of oil and gas production and drilling waste. Due to the self-contained nature of Exploration and Production operations, many drilling operations in Southeast Texas were quickly back on line following... Read more..