Ecosphere Technologies Delivers Mobile Water Recycling Plant to Newfield Exploration in Oklahoma

Ecosphere Technologies, Inc., a diversified water engineering and services company, announces the delivery of one of its Ecosphere Ozonix mobile water recycling systems to Newfield Exploration Company’s mid-continent operations near Coalgate, Oklahoma. The Ozonix mobile water recycling system is a fully self contained water recycling plant on a 53′ mobile trailer that can be moved from well site to well site to process frac flowback water. Dennis... Read more..

Ecosphere Technologies Announces $2 Million Investment From Bledsoe Capital Group

Ecosphere Technologies, Inc., a diversified water engineering and services company, announces that Bledsoe Capital Group has agreed to advance $2 million to Ecosphere Technologies to support the progress and implementation of the Ecosphere Ozonix technology in the energy industry. The $2 million advance is a bridge loan with the first $500,000 expected to fund by November 11, 2008 and the balance by November 30, 2008. Further details and conditions... Read more..

Spectra Energy’s Pine River Phase III Project Comes Into Service

Spectra Energy has successfully completed expansion of its natural gas gathering system in the Grizzly Valley area of northeastern British Columbia (BC). The project represents the third phase of expansion connected to the Pine River Processing Plant, near Chetwynd, BC, and includes 17 kilometers of new pipeline (parallel to existing lines), an additional 40 million cubic feet per day of gathering capacity, and modifications at the Pine River facility... Read more..

Beacon Redevelopment Industrial Corporation Forms Wholly Owned Energy Subsidiary to Operate its Natural Gas Properties

Beacon Redevelopment Industrial Corporation announced that it has formed a wholly owned subsidiary (Beacon Energy Corporation) to manage and operate its natural gas assets. Beacons Management has taken this action to segregate its energy holdings from its real estate holdings so that it may accelerate growth in both its real estate and energy subsidiaries. This action will not negatively affect the shareholders or the company’s ownership of... Read more..

Triple Diamond Energy Corp. Constructs Pipeline From Hoover Field In Oklahoma To Point Of Purchase

Triple Diamond Energy Corp. (TDEC), an independent Texas based oil and gas exploration company, announces they have constructed a natural gas pipeline from the Hoover Field located in Garvin County to the point of purchase. This pipeline will move natural gas from TDEC’s well to the larger Midstream LP pipeline, formerly owned by Duke Energy. “The purpose of this new pipeline is to transport the natural gas produced by the Hoover Field... Read more..

NiSource unit Columbia Gas Transmission and MarkWest Energy Partners Announce Additional Plans to Expand Natural Gas Midstream Services in West Virginia

NiSource Inc. unit Columbia Gas Transmission Corp. and MarkWest Energy Partners, LP announced their intention to jointly expand natural gas gathering and processing services to support increased production volumes in the Appalachian Basin of central West Virginia. Columbia Gas and MarkWest are in discussions with several natural gas producers regarding plans to provide new gathering and processing services near Columbia Gas’ Cobb aggregation system... Read more..

SUEZ LNG Subsidiary Completes Pipeline Construction for Neptune Offshore LNG Facility

SUEZ LNG NA LLC (GDF SUEZ Group) announced that it has completed pipeline construction for its offshore LNG project, Neptune. The first phase of construction began in late July and included the installation of a 13-mile sub-sea pipeline that will connect the Neptune LNG facility with the existing Spectra Energy HubLineSM. The second phase, scheduled to begin in early May 2009 and continue into September 2009, includes connecting the new pipeline to... Read more..

Spectra Energy Announces Senior Executive Team

Spectra Energy Corp announced the senior executive team who will lead the corporation following current president and chief executive officer (CEO) Fred Fowler’s retirement at the end of 2008. The company previously announced that in January 2009, Greg Ebel, currently chief financial officer (CFO) Spectra Energy, will succeed Fowler as president and CEO of the company. “This is an extremely talented and experienced leadership team and... Read more..

Enterprise Selects Triple Point to Manage FAS 133 Compliance – Marks Milestone as 50th Hedge Accounting Client

Triple Point Technology®, the leading global provider of multi-market commodity and enterprise risk management software solutions, announced today that Enterprise Products Partners L.P., with an enterprise value of nearly $21 billion, has chosen Triple Point’s Commodity XL for Hedge Accounting™ to ensure FAS 133 compliance and protect against earnings volatility. Enterprise’s nod of confidence follows Triple Point’s recent acquisition of... Read more..

Babcock & Brown Commences Construction of Majestic Wind Farm in Texas Panhandle

Babcock & Brown, a leader in wind energy development, operation and maintenance, today announced the closing of financing and commencement of construction of its 79.5 megawatt (MW) Majestic Wind Farm near Panhandle, Texas, northeast of Amarillo. The project is expected to finish construction and reach full commercial operation before the end of 2008. Babcock & Brown was a leading supporter of designation of the Central Panhandle Region as... Read more..