International Power Group announced that in order to expedite our Middle-Eastern opportunities, the company is currently under negotiations with a well known European low-temperature gasifier supplier, as well as with ForeverGreen Enterprises, Inc., a molten media-based gasifier. ForeverGreen Enterprises, Inc. (FGE) is a development stage company that is transitioning into its implementation phase, transforming waste materials into Green Hydrogen,... Read more..
Range Fuels, Inc., a company focused on green energy and the production of cellulosic ethanol, announced today that Greg King has joined the company’s Board of Directors. King brings a 15 year track record in the refining and marketing industry to the company. King currently serves as President of GCK Ventures, LLC, a private consulting firm. He was previously with Valero, North America’s largest refining company, most recently serving as the... Read more..
Energtek Inc., a world leader in the development of Adsorbed Natural Gas (ANG) technology, today announced that its sample of converted two-stroke and four-stroke three-wheelers (“tricycles”) have been successfully operating on natural gas for more than a month in the Philippines. Energtek CEO Lev Zaidenberg made the announcement at the Compressed Natural Gas (CNG) – Natural Gas Vehicle (NGV) Philippines Forum during a presentation... Read more..
Emerging gasification technologies could rapidly advance gasification deployment in the next five to ten years and are being used in advanced, modular systems that significantly reduce capital and plant-operating costs. Prefabricated-gasification systems are easily built and transported to the site. Pending CO2 laws have also created an opportunity for advanced-gasification technologies to be fully developed by smaller firms that need fuel with less... Read more..
DCP Midstream Partners, LP, operator and 70 percent owner of Collbran Valley Gas Gathering, LLC (CVGG), today announced that CVGG has entered into definitive agreements to invest approximately $150 million over a multi-year period to construct approximately 20 miles of 24 inch diameter gathering pipeline, compression and liquids handling facilities to support the increasing need for natural gas infrastructure in the Collbran Valley (also known as... Read more..
NorthWestern Energy announced two significant filings regarding the proposed Mill Creek Generating Station. On Friday, the company submitted its application for an air quality permit with the State of Montana and late Monday filed its request for advanced approval with the Montana Public Service Commission. “This is a great day for the people of Montana. We are clearly on the road to getting rid of electricity deregulation,” said Rep.... Read more..
TransCanada Corporation announced that through its subsidiaries, it has acquired all the outstanding equity of both KeySpan-Ravenswood, LLC and KeySpan Ravenswood Services Corp., the companies which together own, control and operate the 2,480 megawatt (MW) Ravenswood Generating Station (Ravenswood) located in Queens, New York for US$2.8 billion plus closing adjustments. “This acquisition positions TransCanada as a strong competitor in the New... Read more..
Commerce Energy Group, Inc., a leading U.S. electricity and natural gas marketing company, today announced that Jesup & Lamont’s San Francisco investment banking division acted as the advisor and placement agent in connection with the bridge financing announced August 21, 2008. “Jesup & Lamont played a critical role in helping us secure our bridge financing,” said Greg Craig, chairman and chief executive officer of Commerce Energy.... Read more..
Natural Resource Group, LLC (NRG) recently opened the doors to its newest office located in Las Vegas, Nevada. NRG has been providing environmental and public affairs consulting to the energy industry since 1992. This expansion marks the completion of an 8 year plan to establish regional offices throughout the United States. NRG’s locations now include its corporate headquarters in Minneapolis, and offices in Houston, Denver, Charlotte, Providence,... Read more..
Below are excerpts from a speech Duke Energy Chairman, President and CEO Jim Rogers gave Aug. 21 to the World Affairs Council of Charlotte. I believe it’s time for us to move toward solutions that bridge the gap from today’s technology ideas to tomorrow’s commercial solutions. During this transition, we need to use all of the fuels we have to produce electricity. We need to use coal, natural gas, nuclear, renewables and energy efficiency.... Read more..