News Archive - December 2009


Marine Current Turbines to deploy UK’s first commercial tidal energy farm within two years

MCT’s trial farm has successfully supplied more than 350MW to Ireland’s power grid
Marine Current Turbines plans a commercial tidal energy farm

Russia and Ukraine sign new oil agreement

The deal was reached after comments from Putin threatened disruption
Russia and Ukraine reach agreement in gas supply dispute

DPL Inc. buys $52.4 of DPL Capital Trust II Capital Securities

The DPL Inc., Capital Securities transaction will result in significant cost savings
DPL Inc., an Ohio energy company, has purchased $52.4 of DPL Capital Trust II Capital Securities.

Gem Diamonds and Tiffany’s establish supplier agreement

Gem will provide precious yellow diamonds from its Ellendale mine in Western Australia
Gem Diamonds and Tiffany's have signed a formal supplier agreement.

World Future Energy Summit planned for Jan. 18-21, 2010

The Abu Dhabi event will bring together more than 40 countries to discuss future energy sources
The 2010 World Future Energy Summit is planned for Jan. 18-21 in Abu Dhabi.

Bengal Energy Ltd. to purchase 100 percent interest in block in Australia’s Cooper Basin

Wholly-owned subsidiary, Avery Resources Pty Ltd., will oversee the acquisition
Bengal Energy Ltd. will purchase 100 percent interest in land block in Australia's Cooper Basin.

SolarReserve and NV Energy enter contract for Crescent Dunes Solar Energy Project

SolarReserve subsidiary, Tonopah Solar Energy, LLC, will oversee the endeavor
SolarReserve and NV Energy have signed a contract on a new solar energy project.

Merafe Resources predicts ferrochrome prices to drop in Q1 2010

The joint venture with Xstrata is targeting South Africa, which produces more than half the world’s ferrochrome
Ferrochrome prices are expected to fall in quarter one of 2010.

China’s lowered import tariff could lead to fuel ethanol flow

The Far East country aims to significantly increase ethanol use by 2020
China's lowered import tariff could open the country up to ethanol shipments.

Canadian government accepting AECL CANDU Reactor Division investor proposals

AECL seeks to strengthen the division’s global presence as the nuclear power industry reemerges
The Canadian government is accepting investor proposals for AECL's CANDU Nuclear Reactor Division.

Cree, Inc. LED lights used in Smithsonian exhibit

The LR24 luminaries will protect valuable artifacts and save energy costs at the National Air and Space Museum
Cree, Inc.'s LR24 LED lights are being used by the Smithsonian Institution.

Clean Coal Ltd. to burn coal in situ beneath North Sea

The UK Coal Authority has approved the UCG project, which will contribute to Britain’s energy
Clean Coal Ltd. will burn coal in situ beneath the North Sea.

Uranium Star Corp. changing name, accepted conditionally to TSX Venture Exchange

The owner of the Green Giant Vanadium Project in Madagascar will be called Energizer Resources Inc.
Uranium Star Corp., owner of the Green Giant Vanadium Project in Madagascar, is changing its name.

GE secures $1.4 billion contract for Caithness Energy’s Shepherd Flats project

The 845 MW Oregon wind farm will break records as the largest worldwide when finished
GE will supply turbines for the world's largest wind farm.

Offshore West Africa scheduled for March 2010 in Ghana

The conference will address the nation’s growing offshore exploration activity
Offshore West Africa is scheduled for March 2010 in Ghana.

Trinity Industries, Inc. extends common stock repurchase program

The Texas owner of multi-sector businesses will continue activity through December 2010
Trinity Industries, Inc. is extending its common stock repurchase program.

UK’s REG Bio-Power and Port of Dover enter five-year energy contract

REG will provide heat and electricity to the port through its on-site location
REG Bio-Power and Port of Dover, UK, have signed a five-year energy contract.

Namibia establishes Epangelo Mining, its first state-owned mining company

The new entity will focus on uranium, diamonds, gold, copper and other significant minerals to improve the local economy
The Namibian government has created its first state-owned mining company.

Tokyo Electric Power Company & Chevron finalize LNG contract for Wheatstone Project

The Heads of Agreement between TEPC and Chevron’s Australian branch to last decades
Tokyo Electric Power Company and Chevron Australia have signed an LNG contract for the Wheatstone Project.

Solazyme honored with first place in bioenergy for 2009/10

Selected by Biofuels Digest, the company was chosen from more than 1,400 others...
bioenergy

First Quantum Minerals developing Kevitsa project in Finland

The $400 million nickel/copper/platinum endeavor is expected to begin commercial production in 2012
First Quantum Minerals has approved its Kevitsa nickel/copper/platinum project in Finland.

This month’s Energy Digital is live

December’s issue looks at vehicle emission incentives, children and environmental responsibility; and green gifts for the holidays
Energy Digital's December issue is live.

US crude oil production could see largest increase in four decades, says Platts analysis

A recent report indicates 2009 is on track for the highest output since 1970
US crude oil production could see the largest increase since 1970.

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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