Energy Expert and Former Regulator Issues Statement on Oscar® Nominated Documentary Gasland

John Hanger, immediate past secretary of the Pennsylvania Department of Environmental Protection, former member of the Pennsylvania Public Utility Commission, and nationally-recognized expert on energy, the economy, and the environment, issued a statement today on his blog about the documentary “Gasland,” nominated for an Academy Award to be awarded tonight. The blog is located at http://johnhanger.blogspot.com/2011/02/gasland-and-oscars.html ... Read more..

Edge Resources Announces Issuance of Stock Options

Edge Resources Inc. announced today that it has granted incentive stock options for a total of 1,200,000 common shares of the Corporation at a price of $0.36 per share (with respect to 1,000,000 of the options) and $0.30 per share (with respect to 200,000 of the options) all for a period of five years, under the formal stock option plan approved at the Annual General Meeting held on August 31, 2010, subject to regulatory approval, to certain directors,... Read more..

Receipt of Notice of Cancellation of Mietkauf Contracts

The Board of Directors of PVG GP, LLC, the general partner of Penn Virginia GP Holdings, L.P. today declared a quarterly cash distribution of $0.39 per unit. This distribution, which equates to $1.56 per unit on an annualized basis, remains unchanged from the distribution paid with respect to the prior quarter. The quarterly distribution covers the period October 1 through December 31, 2010, and is payable on February 22, 2011 to unitholders of... Read more..

Range’s Proved Reserves Increase 42%

RANGE RESOURCES CORPORATION announced today that its proved reserves as of December 31, 2010 increased 42% to 4.4 Tcfe. From all sources, Range replaced 931% of production in 2010 with 840% reserve replacement occurring through the drill bit and positive performance revisions. Finding and development costs from all sources, including acquisitions, acreage and all price and performance revisions, averaged $0.72 per mcfe. Excluding positive price revisions,... Read more..

MagneGas Gains Legislative Exposure With Congressman’s Visit, Subsequent Announcement

MagneGas Corporation the producer of a technology that converts liquid waste into a hydrogen-based metal working fuel and natural gas alternative, announced today that Florida Congressman Gus Bilirakis visited the Company during the week of January 5th. After receiving a tour and comprehensive demonstration of the Company’s newest Refinery, Congressman Bilirakis issued a formal announcement of his visit, posting it to his official Webpage on... Read more..

NDR Energy Group Announces Record Sales of $31.58 Million for the Period Ending September 30

NDR Energy Group LLC, a natural and alternative energy company, and subsidiary of Universal Bioenergy Inc. a publicly traded company, reported record sales of $31,558,161 for the nine month period ending September 30, 2010. NDR Energy generated these strong sales in natural gas, in spite of the current weak economy. The sales also reflect a growing demand for natural gas from its major electric utility customers in the energy services sector. NDR... Read more..

Vattenfall Sells Hillerod CHP Station

Vattenfall has signed a deal to sell Hillerød Combined Heat and Power Station in Denmark The buyer of the CHP station and the northbound heat transmission line is Hillerød Forsyning. Simultaneously a deal has been struck with Vestforbrænding on buying a southbound heat transmission line from Hillerød CHP station. Hillerød Forsyning is expected to take over the station formally during the first months of 2011. Vattenfall acquired Hillerød CHP... Read more..

PPL Completes Sale of Remaining Hydroelectric Assets in Maine to River Restoration Trust

PPL Corporation announced Friday that it has completed the sale of its remaining three hydroelectric generating facilities in Maine to the Penobscot River Restoration Trust for approximately $24 million. This sale culminates an agreement reached in 2004 by PPL and a coalition of environmental groups and governmental agencies to facilitate the removal or bypassing of the three generating facilities to restore runs of Atlantic salmon and other migratory... Read more..

State and Local Regulatory Hurdles Can Slow Clean Energy Innovations

Complex pricing, expansive approval processes and lack of incentives to use low carbon energy sources are some of the unintended consequences of the highly regulated energy sector that inhibit “clean energy” innovations, according to a Ewing Marion Kauffman Foundation review of state and local laws presented at an energy conference at the White House today. The conference was a partnership of the White House, federal agencies and the Kauffman... Read more..

Hiroshi Development, LLC Closes Initial $300 Million to Fund Renewable Energy and Technology Projects

Hiroshi Development, LLC addresses an opportunity in the renewable energy market that neither traditional private equity nor venture capital investors currently address. Renewable energy financings require a strong understanding of project equity, senior and subordinated debt structures, regulatory compliance, fuel supply and power purchase agreements. Because of its unique structure and management team, HD has the necessary skills to successfully... Read more..