News Archive - August 2009


Bidding for Oman steam oil project opened

Petroleum Development Oman is aiming to complete the upgrade in 2012
Bids are being accepted for one of Oman's largest enhanced oil recovery projects.

Hindustan Petroleum on track for Euro III fuel at refineries

The Indian company will offer the high-quality petrol early next year
Hindustan Petroleum Corp will have Euro III fuel at both its refineries next year.

Government awards more than $51 million for state energy projects

Alaska, Guam and New Jersey are set to adopt renewable energy technologies
More than $51 million is going to Alaska, Guam and New Jersey for renewable energy projects.

Crown Oil and Gas identifies Russian drill targets

The European company will continue its seismic analysis on several other leads
Crown Oil and Gas has identified two drilling targets in Sartov, Russia, with five more leads to explore.

Origin Energy has 20 percent rise in annual profit

The Australian company is partnered with ConocoPhillips on an LNG project
Origin Energy Ltd has seen a 20 percent increase in its full-year underlying profit.

BHP Billiton: Transparency rising in iron-ore pricing

With the steel market’s growth, contracts are being shortened
Iron-ore pricing is becoming more transparent.

New Zealand’s Meridian Energy acquires Cleantech America

The move signals Meridian’s break into the US renewables market
Meridian Energy has purchased Cleantech America, a developer of utility scale photovoltaic solar farms.

Green investment on the rise

The market is showing signs of recovery as eco-friendly investment increases, this year surpassing the Dow and S&P 500
Rising green investment on the world's stock exchanges is signaling signs of economic recovery.

ExxonMobil and PetroChina enter into long-term contract

Australia’s Gorgon project to provide natural gas to China for next 20 years
ExxonMobil and PetroChina have entered into a 20-year agreement for liquefied natural gas.

Renaissance’s efficient LED lighting and recycling plan gains government’s attention

The company’s efficient technology could play a key role in the nation’s green initiatives
Renaissance Lighting's efficient LED luminaries and recycling program is gaining Congressional interest.

Chevron’s new drillship begins work in Gulf of Mexico

The Discoverer Clear Leader’s capabilities far surpass previous technology
Chevron's new drillship has begun looking for oil in the Gulf of Mexico.

Auckland, NZ-based council keeping city rates low through efficiency plan

The North Shore City Council has targeted a variety of areas to cut costs
The North Shore City Council of Auckland, NZ, has significantly cut costs through energy-saving efforts.

Venezuela aims for Carabobo oil auction in 2009

Chevron Corp., Royal Dutch Shell PLC and other major companies have expressed interest
The Venezuelan government is planning to hold the Carabobo oil auction before year's end.

Beacon Power appoints first non-executive Chairman

Virgil Rose brings 40 years of industry experience to the company
Virgil Rose has been made non-executive Chairman of the Board for Beacon Power Corporation.

Uranium Star acquires remaining 25 percent interest in Green Giant Vanadium Project in Madagascar

The company now holds 100 percent of projected 200 million ton deposit
Uranium Star Corp. is purchasing the remaining 25 percent of the Green Giant Vanadium Project in Madagascar.

Russian Technologies planning to invest $3 billion in Udokan project

The largest untapped copper field could boost Russia’s production by at least 15 percent
Russian Technologies is focused on investing in the Udokan copper project in Siberia.

Rentech’s synthetic jet fuel is certified for commercial aviation

The fuel blend meets ASTM International’s specifications and FAA standards
Rentech's synthetic jet fuel will be used in commercial aviation and in US Air Force aircraft.

Modine Manufacturing to release The Effinity93 with Conservicore™ technology

The highly-efficient gas-fired unit heater will offer customers significant savings
Modine Manufacturing Company has designed an efficient gas-fired unit heater that will save customers on bills.

African Eagle project results show promise

Nickel laterite project in Tanzania could become a significant resource
African Eagle Resources has seen promising results from testing at its Zanzui nickel laterite project in Tanzania.

Renewable energy project funding available

The program offers direct cash payments to encourage economic development, expand renewable energy use
Companies that create and place in service renewable energy facilities are eligible for direct cash payments.

Associations and Events

CRFA summit

Canadian Renewable Fuels Association

CRFA is taking an active part in promoting a future where the use of sustainable energy sources is mainstream....

Western States Petroleum Association

Western States Petroleum Association

Canadian Solar Industries Association

CanSIA has been the trusted voice of Canada’s solar industry for more than 30 years

Western States Petroleum Association

Western States Petroleum Association provides consumers and businesses with adequate, reliable and affordable....

The Independent Oil & Gas Association of New York

This organization is educating New Yorkers on natural gas development
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