Cano Petroleum Announces Recently Settled Lawsuit

Cano Petroleum announced that it recently settled the pending lawsuit with Southwestern Public Service Company d/b/a Xcel Energy, Inc. related to wildfires that occurred in the Texas Panhandle in March 2006. While the terms of the settlement were not disclosed, the result will be the dismissal of this case, which previously was set for trial on February 23, 2009 in Carson County, Texas. Cano Petroleum Inc. is an independent Texas-based energy producer... Read more..

RES Americas Announces Completion Of Hackberry Wind Project

Renewable Energy Systems Americas (RES Americas), a national leader in the development and construction of wind power projects, announced completion and commencement of commercial operations of its Hackberry Wind Project, a $350 million wind farm in Shackelford County, Texas. RES Americas is the developer, construction contractor, operator of the project, and owner, along with GE Energy Financial Services a unit of GE. Austin Energy will purchase... Read more..

Brookside Storage LLC Announces Nonbinding Open Season for Brookside Gas Storage Project

Brookside Storage LLC announced a nonbinding open season for storage services at its intrastate natural gas storage facility in Anderson County, Texas. Brookside is currently constructing the first of two solution-mined salt caverns that will provide 10 Bcf each of working gas storage capacity which have been approved for construction and operation by the Railroad Commission of the State of Texas. The first cavern is projected to go into full commercial... Read more..

Sunoco to Close Polypropylene Plant in Bayport, Texas

Sunoco Inc. announced that it will permanently close its polypropylene manufacturing facility located in Bayport, Texas, no later than April 30, 2009. The facility can produce approximately 400 million pounds of polypropylene each year. “The decision to close the facility was made after an extensive review which demonstrated that the plant is no longer financially viable,” said Bruce D. Rubin, Vice President of Sunoco Chemicals. Sunoco has three... Read more..

NACEL Energy Updates Channing Flats Texas Wind Energy Project

NACEL Energy Corporation, a wind power company in business to generate clean, renewable energy, today confirmed it has commenced the collection of site specific wind measurement data at its Channing Flats project site in Moore County, Texas, with the installation of a 60 meter (200 ft.) NRG Systems meteorological tower transmitting data back to NACEL Energy, via an Iridium satellite uplink. NACEL Energy’s analysis indicates that the construction... Read more..

Jacobs Receives Engineering & Construction Services Contract From ExxonMobil

Jacobs Engineering Group Inc.announced that it received a contract to provide engineering, procurement, and construction services for ExxonMobil’s diesel supply projects in Baytown, Texas, and Baton Rouge, La. These projects, with scheduled completion in 2010, allow the refineries to meet rising diesel demand globally. Through the construction of new units and modification of existing facilities, the refineries can increase the production of... Read more..

Reliant Energy Closes on Previously Announced Sale of Northeastern Marketing Assets to Hess Corporation

Reliant Energy has completed the previously announced sale of the Northeastern electricity marketing assets of its retail subsidiaries, Reliant Energy Solutions East and Reliant Energy Solutions Northeast, to Hess Corporation. Reliant Energy, Inc. based in Houston, provides electricity and energy services to retail and wholesale customers in the United States. The company provides service to approximately 1.8 million retail electricity customers primarily... Read more..

Hydrogen Hybrid, Corp. Now Taking Orders for the Hydrogen 8x Mega Fuel Cell System for Class 8 Semi Trucks

Hydrogen Hybrid, Corp. announced its plans to introduce a Fuel Cell System designed specifically for Class 8 semi truck. Performance tests indicate that this patented technology has the ability to increase a Class 8 semi truck’s fuel efficiency by 50% under a full 80,000 lb load. The “mega” Fuel Cell measures 24×18x18 inches and works with the semi truck’s engine to produce over 2,500 liters of hydrogen per hour. The Hydrogen... Read more..

ExxonMobil to Invest over $1 Billion to Increase Cleaner Diesel Supply

ExxonMobil Refining & Supply today announced it will invest more than $1 billion in three refineries to increase the supply of cleaner burning diesel by about six million gallons per day. The company will construct new units and modify existing facilities at its Baton Rouge, Louisiana; Baytown, Texas; and Antwerp, Belgium, refineries. “This underscores the company’s ongoing commitment to meeting the growing needs of the marketplace, while,... Read more..

CHS Success in 2008 Founded on Vision, Stability

Leaders of CHS Inc., one of the nation’s leading energy, grains and foods companies, attributed strong 2008 performance to maintaining financial stability and disciplined-growth during a period of unprecedented market volatility. “After five consecutive years of record results — the combination of our own hard work, growth and what the market has handed us — we must be realistic and ready to respond,” said John Johnson,... Read more..