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All the Oil And Gas - Sponsored Link
Ad - Oil.And.Gas.Alltheindustrials.com May 14 2008 1:09AM GMT

Wall Street mixed oil prices, retail earnings
The Nation - Thailand May 14 2008 1:09AM GMT

BG Group seen not keen on owning all Contact Energy
IndustrySearch May 14 2008 1:08AM GMT

Philippine shares outlook - Lower after oil prices hit new record
Interactive Investor International May 14 2008 1:08AM GMT

Oil Prices Drop as Inventory Expands
Ein News May 14 2008 1:08AM GMT

Oil prices up after earlier drop on profit-taking
Ein News May 14 2008 1:07AM GMT

Oil output will grow, but outlook for prices unclear -BHP
IndustrySearch May 14 2008 1:07AM GMT

DJ UPDATE: US GAS: Nymex Futures Up, Tracking Heating Oil, Crude
futuresource.com May 14 2008 1:03AM GMT

Congress urges Bush to halt oil reserve shipments
Washington Post May 14 2008 1:02AM GMT

DJ CBOT Soy Review: Soar; Helped By Demand, Acreage, Crude Spike
futuresource.com May 14 2008 1:02AM GMT

Gallon of gas in Md. tops $3.70
Biz Journals May 14 2008 1:01AM GMT

House joins Senate in demands for halt of oil shipments into government emergency reserve
Canadian Business Magazine May 14 2008 12:59AM GMT

Oil, Oil, Everywhere, And Not A Drop To Burn!
Ein News May 14 2008 12:58AM GMT

CAIR hit by oil prices
Stockwatch Cyprus May 14 2008 12:57AM GMT

'Historic' results for StatoilHydro
Aftenposten May 14 2008 12:56AM GMT

Record Gas Prices Demand Temporary Suspension of Oil Purchases for the Strategic Petroleum Reserve
Macro World Investor May 14 2008 12:55AM GMT

Soaring oil prices put SAA under pressure
SABC May 14 2008 12:54AM GMT

Iran report pushes oil to new record, gas jumps above US$3.73
Edmonton Sun May 14 2008 12:54AM GMT

Bicycle-makers ride high on surging oil prices
Reuters Canada May 14 2008 12:50AM GMT

Arizona Chamber backs Boeing in fight over fuel tanker contract
Biz Journals May 14 2008 12:49AM GMT

Oil in a Week (Demand for Oil Stable Despite Massive Price Hike)
Dar Al-Hayat May 14 2008 12:48AM GMT

How to spend your oil billions
Ein News May 14 2008 12:48AM GMT

Oil workers threaten strike
Calcutta Telegraph May 14 2008 12:48AM GMT

Asian shares seen pressured by financials, oil
Philippine Daily Inquirer May 14 2008 12:48AM GMT

ONGC launches pilot project to extract Helium from Natural Gas
NewKerala.com May 14 2008 12:47AM GMT

'Subsidy burden on oil companies likely to touch Rs 1,80,000 cr'
NewKerala.com May 14 2008 12:47AM GMT

NRL to hike retail oil price
Calcutta Telegraph May 14 2008 12:46AM GMT

Cranberry oil gains GRAS approval
Nutra Ingredients USA May 14 2008 12:44AM GMT

BHP sharpens focus on offshore LNG
The Australian May 14 2008 12:42AM GMT

U.S. crude oil keeps strength near $126 on Iran
Reuters UK May 14 2008 12:42AM GMT

Gas prices: Americans opt for bicycles
Times of India May 14 2008 12:41AM GMT

Moreover Technologies - Oil and gas news
Oil and gas news - more than 340 categories of real-time RSS news feeds

 

Gas jumps nearly three cents to record; oil crosses US$124

Gasoline and crude oil jumped to new records Thursday, with gas rising three cents US to an average U.S. price of nearly US$3.65 a gallon and oil crossing $124 a barrel for the first time.

Calgary's Saxon Energy sold for $592 million

Schlumberger Ltd , the world's largest oil field service company, and private equity firm First Reserve Corp are buying Saxon Energy Services Inc for C$592 million to add rigs in North and South America, the ... via Edmonton Journal

TransCanada Pipeline Expansion

VIDEO REPORT _ TransCanada used its AGM to unveil more details about expansion on its Keystone pipeline project. Find out how CEO, Hal Kvisle is trying to sell investors on the extra expense.

Nigerian militants report another oil pipeline bombing; ExxonMobil workers strike for more pay

The main militant group behind a string of recent attacks in Nigeria's southern oil region claimed it blew up another pipeline as a workers' strike Friday began hitting ExxonMobil's production in Africa´s biggest exporter.

No U.S. Carbon Policy

VIDEO NEWS _ A senior U.S. energy regulator says uncertainty over carbon policy in the States will continue for years, but gas demand will grow.

Oil sets new record above US$118 a barrel on supply concerns

NEW YORK _ Oil prices rose Tuesday to all-time highs above US$118 a barrel on concerns over supplies from some key producers.

Wilf Gobert on Oil Prices

VIDEO INTERVIEW _ Respected analyst Wilf Gobert disagrees with other leading observers on whether current high oil prices are justified. Find out why plus how long Gobert thinks the surge will last.

New Way To Make Heavy Oil Flow

NEWS VIDEO _ A British company says its Proflux product is the answer for the heavy oil business.

U.S. gas prices pass US$3.40 a gallon as Canadian prices also rise but more slowly

U.S. prices moved over US$3.40 a gallon _ about 89 cents US a litre on Thursday, fulfilling expectations that they'll keep climbing toward US$4 a gallon as the summer driving season approaches.

Oil hits new high over US$114 a barrel as investors flee falling U.S. dollar

NEW YORK _ Oil prices are surging to record highs as the weakening U.S. dollar drives investors to dump money into commodities.

Oil & Gas News
Oil & Gas news continually updated from thousands of sources around the net.

 

Kuwait to boost oil production capacity
Kuwait plans to boost oil production capacity to 3 million barrels a day in a year compared to 2.6 million at present, reported state news agency KUNA. Kuwait Oil Company Chairman Sami al-Rushaid also said the emirate aims to raise output to 4 million bpd by 2020. Kuwait will also be able to produce 700,000 bpd of heavy oil by 2020 through production in its northern oilfields and 12,000 wells will be built to meet this quota, he added

[AMEInfo.com]

Dubai diesel prices climb again
Diesel prices in Dubai have risen 50 fils, or 3.26%, per gallon as fuel retailers in the emirate continue to adjust prices upward to match rising international crude prices, reported Gulf News. Diesel prices in Dubai are now more than 80% higher than those at filling stations in Abu Dhabi.
[AMEInfo.com]

Dolphin unveils largest gas processing plant
Dolphin Energy's multi-billion gas processing plant was officially inaugurated on Monday in Qatar's Ras Laffan Industrial City. The project involves the production and processing of natural gas and the transportation of dry gas by sub-sea export pipeline from Qatar to the UAE. Dolphin Energy is owned 51% by Mubadala Development Company, on behalf of the Government of Abu Dhabi, and 24.5% each by Total of France and Occidental Petroleum.
[AMEInfo.com]

Abu Dhabi to invest $25bn in gas facilities
State-controlled Abu Dhabi Gas Industries (Gasco) plans to spend about $25bn to build gas-processing plants and pipelines to meet surging demand, reported Reuters. Abdullah Al Darei, maintenance superintendent for the pipelines division at Gasco, said two major gas-processing plants and about 10 new onshore gas pipelines are being built in and around Abu Dhabi over the next five to six years.
[AMEInfo.com]

OPEC can't control price - Qatar
Qatar's oil minister said an emergency meeting for OPEC before September is not necessary as there is nothing it can do to reduce record oil prices, cited Reuters. The oil price hit $126 a barrel on Friday, as speculations grow that it will rise to $150, and as high as $200. [AMEInfo.com]

AME Info News - Energy, Oil and Gas
Energy, Oil and Gas latest news and features

 

High-Frequency Ground Current Reducer has MSHA approval.
Engineered for use where AC induction motors operate in conjunction with VFD applications, ZERO-GROUND® High Frequency Extraction System is approved by US Department of Labor, Mining, and Safety Health Administration (MSHA) for use in underground and surface mines. Completely passive system utilizes no filters or brushes and eliminates electrical noise while directing high-frequency ground currents away from hazardous locations and sensitive equipment.

This story is related to the following:
Mining, Oil Drilling & Refining
Safety and Security Equipment
Test and Measuring Instruments
Sensors, Monitors and Transducers Sponsored by: Keyence Corporation of America - The Internet Resource for Sensor Solutions

Search for suppliers of: Mining Equipment & Supplies | Grounding Systems | Ground Fault Protection Products

Software integrates well planning and drilling applications.
Paradigm Sysdrill(TM) v3.0 is product suite of well planning and drilling software solutions that combines new modules with existing software in single unified application. Components include automatic well planning, advanced target definition, casing wear prediction, dual gradient modeling, and temperature modeling. It also includes well control kill sheet, volume calculator, packer calculation, and DEX/WITSML interoperability.

This story is related to the following:
Software
Mining, Oil Drilling & Refining

Search for suppliers of: Engineering Software | Oil Field Equipment & Supplies

SCCS Solution helps ensure safety system uniformity.
Designed for oil and gas industry, AADvance Safety and Critical Control Systems (SCCS) enables users to operate and update entire plant-wide safety systems from one access point. Combined hardware and software solution delivers flexibility and scalability through its distributed nature, which consists of modular controller hardware situated close to plant it protects. Solution also helps minimize use of heavy cabling and installation time.

This story is related to the following:
Controls and Controllers
Mining, Oil Drilling & Refining

Search for suppliers of: Control Systems | Safety Controls | Offshore Equipment & Supplies

Helmet Light uses CR123 lithium batteries for extended life.
Combining PM6 LED or incandescent light with universal helmet bracket, Helmet Lighting System fits all models of industrial and fire helmets and as many as 27 flashlights. Constructed of engineering-grade polymer, PM6 weighs 3.45 oz so it won't weigh helmets down. PM6 LED utilizes 1 W Luxeon® LED to produce 41 lumens of light for up to 20 hr of peak performance, while incandescent model, engineered with Xenon bulb, produces 74 lumens of light for up to 1 hr of continuous use.

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Electrical Equipment and Systems Sponsored by: Globtek Inc. - Your Power Partner...For Over 20 Years!
Mining, Oil Drilling & Refining

Search for suppliers of: LED Lights | Incandescent Lights | Miners' Headlights

LED Headlight features Division 1 safety rating.
Suited for hazardous locations, hands-free HAZ-LO(TM) combines impact- and weather-resistant resin casing, unbreakable polycarbonate lens, and 1 W Super High Flux LED. Unit includes push button on/off switch and rubber dome actuator that enables operation while wearing heavy gloves. All openings are O-ring sealed for water resistance. Operating on 3 AA alkaline batteries, light comes with rubber hard-hat head strap as well as elastic head strap for general use.

This story is related to the following:
Electrical Equipment and Systems Sponsored by: Globtek Inc. - Your Power Partner...For Over 20 Years!
Mining, Oil Drilling & Refining

Search for suppliers of: Hazardous Location Lights | Miners' Headlights | LED Lights

Software aids drilling engineers and asset teams.
Merging macro realm of geology and geophysics with micro realm of petrophysics, Sysdrill v2.5 helps plan well paths, minimize drilling risk, and optimize wellbore placement by integrating engineering and well planning disciplines into multi-disciplinary workflows. Program supports geological surfaces such as formations, faults, and oil-water contacts. Users can import planned trajectories, copy and paste well plans, and share data with 3rd party applications.

This story is related to the following:
Mining, Oil Drilling & Refining
Software

Search for suppliers of: Oil Field Equipment & Supplies | Engineering Software

Jaw Coupling Spiders provide shock absorption.
Offered in sizes from .6-2.25 in. OD, 3-piece Zero-backlash Jaw Couplings are comprised of 2 hubs with curved jaws and elastic element. Polyurethane spider provides dampening of impulse type loads, minimizing shock to motor and other sensitive equipment. Blue spiders have durometer of 85 shore, while yellow spiders are 92 shore, and red spiders are 98 shore. Standoffs, located on spider limbs, assist in angular misalignment capabilities, as well as electrical isolation.

This story is related to the following:
Mining, Oil Drilling & Refining
Mechanical Power Transmission Sponsored by: BALDOR - Energy Efficient Electric Motors

Search for suppliers of: Spiders | Jaw Couplings

LED Headlamp weighs 2.75 oz with batteries.
Hands-free Enduro(TM) LED Headlight features 0.5 W LED designed to last 100,000 hr while providing up to 18 lumens of output. Two-stage switch offers choice of high and low beam settings, providing up to 24 hr of continuous runtime on low-beam setting and up to 7 hr on high-beam setting. Water-resistant, O-ring sealed, polycarbonate lens and body withstand harsh conditions. Head strap combines non-slip security with flexibility to accommodate range of head sizes.

This story is related to the following:
Electrical Equipment and Systems Sponsored by: Globtek Inc. - Your Power Partner...For Over 20 Years!
Mining, Oil Drilling & Refining

Search for suppliers of: LED Lights | Miners' Headlights

Modular Screening System suits aggregate/mining industry.
Molded in urethane, dual-durometer urethane, or 40-60 durometer rubber, Dur-X-Snapdeck® 2000 features attachment system that facilitates modular screen installation and allows retrofitting to existing screen boxes. There are no pins, sleeves, intermediate strips, or extra parts required. Openings range from 0.3 mm slot to 3.0 in. square. Optional diverters, flow restrictors, and dams are available for specific applications.

This story is related to the following:
Chemical Processing and Waste Management
Mining, Oil Drilling & Refining

Search for suppliers of: Mining Equipment & Supplies | Urethane Screens | Mining Screens

Magnetic Separator reduces downstream equipment damage.
Trunnion Magnet Separator removes up to 98% of grinding media steel balls and ferrous chips from milled ore in SAG/ball mill operations. Positioned at downstream end of mill, arc of permanent magnets surrounding almost half of blind trunnion extension attracts and holds steel balls to inner surface of trunnion. Steel balls are carried to top of trunnion, where magnetic arc terminates, thereby releasing balls that then fall into hopper and chute.

This story is related to the following:
Chemical Processing and Waste Management
Mining, Oil Drilling & Refining

Search for suppliers of: Mining Equipment & Supplies | Magnetic Separators

Headlamp casts ultra-bright light in hard-to-see areas.
Powered by 2 lithium batteries, hands-free Argo HP Luxeon LED Headlamp weighs 4 oz and comes with rubber head strap for use with hardhat as well as elastic head strap for general use. Two digitally controlled brightness levels allow user to control output. At higher level, Argo HP projects 24 lumens for up to 4.75 hr. At lower level, unit projects 6 lumens and runs for 20 hr. Water-resistant lamp measures less than 3 in. wide and comes in impact-resistant ABS case.

This story is related to the following:
Mining, Oil Drilling & Refining

Search for suppliers of: Miners' Headlights

Rubber Screen Media features self-cleaning action.
Designed with molded, tapered openings, Dur-X-Kleen Media eliminates impact damage, plugging, and blinding. It is available in number of harder or softer rubber designs and offers abrasion and tear resistance. Dur-X-Kleen is suited to applications that involve dry, high impact material or fine, sticky or near-size material. It comes in variety of mounting styles and can be custom-designed in bolt-down, modular, or side-tension versions to fit any existing screen box.

This story is related to the following:
Chemical Processing and Waste Management
Mining, Oil Drilling & Refining

Search for suppliers of: Abrasion Resistant Screens | Mining Screens

Rubber/Ceramic Liners handle highly abrasive applications.
Available in staggered- and aligned-ceramic designs, Dur-X-Line® of Rubber/Ceramic Liners help extend chute life while minimizing liner replacement, maintenance, and downtime in aggregate and mining applications. Products feature alumina ceramic cylinders within liner and rubber backing that absorbs impact and prevents ceramic from shattering. Liners have solid steel backing and can be counter bored for installation via bolts or plug welding.

This story is related to the following:
Material Handling and Storage
Mining, Oil Drilling & Refining

Search for suppliers of: Mining Equipment & Supplies | Spout Chute Liners | Rubber Liners

LED Flashlight delivers hands-free lighting.
Argo(TM) headlamp employs Luxeon® technology, which offers long life of LED with brightness and range of conventional bulbs. Three digitally controlled brightness levels allow user to control power output. Using 100% power, Argo projects 24 lumens for max of 1 hr. With 25% power, light can run up to 6.5 hr and give off 6 lumens. Weighing less than 5 oz, water-resistant unit includes adjustable elastic strap, 90° tilting head, and battery-level indicator.

This story is related to the following:
Portable Tools
Mining, Oil Drilling & Refining

Search for suppliers of: Miners' Headlights | Flashlights

Pipe Liners are suited for use in gas wells.
Thermoflex® velocity strings are lined with Fortron® polyphenylene sulfide, which reduces friction to gas flow, lowers pressure drop, and provides resistance to acids and hydrocarbons. They also contain polyaramid fiber layer with Nylon 6 extruded over it and have smooth surface that lessens paraffin build-up. Inert products withstand brines, condensates, and hydrocarbons; come in 1 to 2 3/8 in. dia; and withstand temperatures to 250°F.

This story is related to the following:
Material Handling and Storage
Mining, Oil Drilling & Refining


Inflatable Packaging System creates cushions on demand.
Fill-Air(TM) NTS portable, table-side system produces clear inflatable cushions, which protect items when used in void-fill applications. Sizes include 8 x 5, 8 x 8, and 8 x 12 in. When inflatable cushion supply is low, sensor is triggered and system automatically begins producing more cushions until supply is replenished. Equipped with large, removable bin, machine can also be configured as multi-head system for batching applications or producing multiple size cushions.

This story is related to the following:
Packaging Products & Equipment
Mining, Oil Drilling & Refining

Search for suppliers of: Air Pillow Packaging Machinery | Void Filling Air Cushion Packaging Equipment | Inflatable Packers

Pig Tracking System handles offshore applications.
Pig Tracking System consists of transmitter, tracking sensors, and standard batteries. Pipeline inspection transmitters handle 2-72 in. pipe diameters. User installs transmitters inside pig, launches pig, and waits for signal from either pig tracking sensors or optional wand. Transmitters are pressure and temperature resistant and water tight. Self-contained sensors are non-intrusive and can be strapped to pipe. Calibration is not required.

This story is related to the following:
Fluid and Gas Flow Equipment Sponsored by: SWAGELOK CORPORATION - Pressure Regulators for Industrial Applications
Mining, Oil Drilling & Refining

Search for suppliers of: Offshore Equipment & Supplies | Pig Detectors | Pipeline Pigs

Controllers are designed for artificial lifts.
ALC 600 Series controllers are offered with power electronics, variable-speed drive technology, and direct torque control, eliminating need for external PLC or hardwired control logic. Pole-mounted units have 5-100 hp capacity. Pad-mounted units include single-inverter construction and same capacity range. Dual-inverter models range from 20-120 hp. Applications include rod pumps, progressive cavity pumps, and ESP pumps.

This story is related to the following:
Controls and Controllers
Mining, Oil Drilling & Refining

Search for suppliers of: Oil & Gas Well Equipment | Adjustable Speed Drive Controllers

Methanol Injection Packages prevent hydrate formation.
Packages can be supplied in various configurations that provide up to 17,500 psi with flow rates up to 100 gpm for inhibiting hydrate formation in pipelines and wellhead of offshore platforms. Hermetically-tight, sealless diaphragm pumps isolate process fluid from hydraulic system. Available configurations include manual or automated stroke length control, speed control, and fixed volume delivery, with continuous injection (gas lines) and intermittent injection (oil).

This story is related to the following:
Fluid and Gas Flow Equipment Sponsored by: SWAGELOK CORPORATION - Pressure Regulators for Industrial Applications
Mining, Oil Drilling & Refining

Search for suppliers of: Diaphragm Pumps | Sealless Pumps | Wellhead Equipment | Pipeline Products

Headlamp provides variable distance lighting.
Septor(TM) is designed to be worn around the head and utilizes 7 LEDs for variable distance lighting. Its 90 deg tilting head enables user to zero in on target and can be adjusted at several angles. Water-resistant thermoplastic construction, rubber-shielded bezel, and unbreakable polycarbonate lens allow use in all elements. Septor operates on three AAA alkaline batteries and can run for up to 120 hrs in single LED mode. LEDs last up to 100,000 hours.

This story is related to the following:
Mining, Oil Drilling & Refining

Search for suppliers of: Miners' Headlights

Industrial Newsroom - Mining, Oil Drilling & Refining
ThomasNet Industrial Newsroom is a service of ThomasNet.com

 

Editorial: Hard choices coming

Editorial: Hard choices coming Opinion: The Goshen News The bloom is off ethanol's rose. via Kokomo Tribune

UPS adding more fuel-efficient vehicles

UPS, the world's largest shipping carrier, said Tuesday it has ordered 200 hybrid electric vehicles and another 300 compressed natural gas vehicles as it seeks to make its fleet more fuel efficient and ... via WIS-TV Columbia

Use of wind energy expected to grow dramatically

"First of all, it's doable, second of all it's desirable"

Two decades from now Americans could get as much electricity from windmills as from nuclear power plants, according to a government report that lays out a possible plan for wind energy growth.

The report, a collaboration between the Energy Department research labs and industry, concludes wind energy could generate 20 percent of the nation's electricity by 2030, about the same share now produced by nuclear reactors.

Such growth would pose a number of major challenges, but is achievable without the need of major new technological breakthroughs, said the report released Monday. Read more

They're all fired up

"There are more people buying hybrid cars and they're excited about them, but they didn't have a way to celebrate the technology"

When the green flag waved to start the Green Grand Prix of Watkins Glen, Robert Beam was out to smoke the field. via Times Leader

Solar system in PPL's plans

"Continued competition in the electric market will help fuel the growth of clean energy sources and make it possible for more projects like this to become a reality"

PPL Corp. plans to build and design a rooftop solar system for New Jersey-based pharmaceutical company Schering-Plough Corp. via Easton Express-Times

McCain urges free-market principles to reduce global warming

"It is truly breathtaking for John McCain to talk about combating climate change while voting against virtually every recent effort to actually invest in clean energy"

John McCain broke with the Bush administration and Republican Party orthodoxy Monday as he not only declared global warming real, but reached out to Democrats and independents with a free-market solution that ... via Athens Banner-Herald

Nano-Proprietary wins grant to develop nanotechnology-enabled solar cells

"We are pleased to be selected for this award"

Austin, Texas-based Nano-Proprietary, Inc. announced that its subsidiary Applied Nanotech, Inc. via Small Times

Congress divided on energy plan

"It's a catchy phrase, but it doesn't have any substance"

As millions of people approach the summer vacation season under the threat of $4-per-gallon gasoline, Congress is scrambling to respond. But don't wait for anything that will drive down prices at the pump.

A Senate vote on a GOP plan is scheduled for Tuesday, and Senate Majority Leader Harry Reid has promised to bring up a Democratic package before the Memorial Day congressional recess. Except for halting the flow of oil into the government's Strategic Petroleum Reserve, neither plan is likely to go very far. Both will be challenged by filibusters by opponents, meaning they would require 60 votes to advance. Read more

'Small Wind' Power Plants are Blowing Strong

"Zoning is always an issue, it's something we understand now and we go in prepared to show the benefits"

On a recent sunny afternoon Bob Loebelenz pauses to gaze 72 feet into the air at the spinning blades of his wind turbine, a small "clean, free electricity" smile creasing the corners of his mouth. via WVNY

Renault seen investing up to $1 bln in electric car

"We need to stop our dependence on oil."

The head of an Israeli-backed electric car project estimated on Sunday that its partner, the Renault-Nissan alliance, would likely invest $500 million to $1 billion in the swappable-battery electric cars. via Environmental News Network

Alternative Energy News
News on Alternative Energy continually updated from thousands of sources around the net.

 

TVA says power purchases, weather impact 2nd quarter net

"If the drought continues, TVA may have to take similar actions in the summer of 2008"

The Tennessee Valley Authority says the Southern drought has forced it to reduce hydroelectric power generation and buy costly power from others, resulting in reduced net income. via The Macon Telegraph

Son Dies While Trying To Surprise Mom On Mother's Day

"They've always loved to surprise me"

Relatives of a driver killed on a rural Texas highway when another car swerved into his lane, killing a college professor in that vehicle, said Monday that the man was headed to surprise his mom for Mother's ... via Click2Houston.com

Oil below $124 a barrel as eyes turn to China

"The market was ready to take a breather and pocket some money ... after prices had gone up too far, too fast."

Oil prices dropped below $124 a barrel on profit-taking Tuesday after hitting another trading record in the previous session. via Alaska Journal of Commerce

Stock holdings force justices to skip a case

"This decision is particularly disturbing because the law was specifically designed to cure the problem of justices being reluctant to sell certain stocks because of capital gains consequences."

For one day at least, a Supreme Court case came down to the justices' investment ideas, not their legal philosophies. via South Florida Sun-Sentinel

Exxon seeks $800M from Alaska over gas, oil leases

"That's not in anyone's best interest."

Exxon Mobil Corp. asked Monday that Alaska pay $800 million in damages, claiming the state breached a deal when it revoked gas and oil leases on a North Slope oil field.

The Irving, Texas-based company also filed a separate request for reconsideration of a gas field development proposal that was rejected by state Resources Commissioner Tom Irwin last month.

Both filings were submitted to the Alaska Department of Natural Resources by Exxon Mobil on behalf of itself and its lease partners over the revocation of Point Thomson oil and gas leases. Read more

Power being restored after SC storms

Utility officials in South Carolina say electric service has been restored to most customers after a line of storms moved through the state. via WACH-TV Columbia

EnCana stock rises in first trading after news of split into two companies

"The key motivation of the transaction was to force the market to put a proper value on ECA's rich asset base"

- Shares in EnCana Corp. (TSX:ECA) rose Monday morning in their first trading since the petrochemicals giant announced it will split into two separate oil and gas companies by 2009.

EnCana stock was up $4.03 to $90.55 on the Toronto Stock Exchange shortly after the opening bell.

The proposed corporate overhaul announced Sunday would create a publicly traded integrated oil company - with a working name of IntegratedOilCo (IOCo) - that would focus on developing EnCana's oilsands assets and linking production to U.S. refineries. Read more

Tenaska sells four power plants to International Power

Tenaska Capital Management says it has agreed to sell four power plants to London-based International Power for more than $856 million. via Times Leader

ATLANTA (AP) Classes are canceled for students in Carroll County schools because of storm damage.

Officials canceled the classes on Monday because of damage from storms on Sunday. via Wgst.com

Consolidated Edison seeks 2009 rate...

Consolidated Edison is asking state utility regulators to allow a rate increase that will enable the New York-based power company to raise $654 million. via 7Online.com

Energy News
Energy news continually updated from thousands of sources around the net.

 

TransCanada sells power from US$500M Arizona plant, seals new pipeline deal

- TransCanada Corporation (TSX:TRP) has announced a 20-year sale of the electricity from its planned US$500-million Coolidge generating station southeast of Phoenix, Ariz.

In a separate announcement Monday, TransCanada presented an agreement with Enterprise Products Partners LP and Quicksilver Gas Services on the proposed Pathfinder pipeline.

Enterprise and Quicksilver are to acquire up to a 50 per cent stake in the project and commit to ship 500 million cubic feet per day on a 10-year term through the line from the U.S. Rockies to the Midwest. Read more

TransCanada Lawyers Ply Trade on Blog Comments?

Posted by: Cory Heidelberger - 05/06/2008 9:54 AM Sorry to hog blog feed space, but this story's too good not to share: So the following somewhat snarky comment appears right away on this morning's TransCanada ... via KELO-TV Sioux Falls

Oilfield spending rises 44 percent

"This unprecedented level of spending clearly demonstrates the industry's commitment to actively invest in exploring for and finding new sources of crude oil and natural gas"

Spending by the oil and natural gas industry on drilling and equipping wells in the U.S. jumped by 44 percent in 2006 to an all-time high of $109.8 billion, according to the American Petroleum Institute. via TulsaWorld.com - Business

TransCanada Plans Another Oil Pipeline

At its annual meeting, TransCanada officials said they are planning another crude oil pipeline that would bring oil from Alberta to the Gulf Coast -- and the possible route could go through western South ... via KTIV-TV Sioux City

TransCanada to Issue C$1.1 Billion of Shares for New York Power Plant

TransCanada Corp. , owner of Canada's largest natural-gas pipeline system, said it may raise as much as C$1.27 billion to fund the purchase of a New York City power plant and an oil pipeline. via Bloomberg.com

TransCanada Corp. to issue $1.1 billion of common shares

TransCanada Corp. is issuing 30.2 million common shares at a purchase price of $36.50 to be sold through a syndicate of underwriters led by BMO Capital Markets. via Slam Sports

Alliance and Questar announce open season for a natural gas pipeline...

"Questar's Overthrust Pipeline is easily expandable and provides unmatched receipt and delivery-point flexibility between Opal and Wamsutter. It is ideally positioned in the Rockies to become the upstream delivery pipeline to RAP"

Alliance Pipeline Inc. and Questar Overthrust Pipeline Company will conduct a binding open season for the proposed Rockies Alliance Pipeline , a jointly owned interstate natural gas transportation system from ... via CNW Group

Gate fixed on Bellows Falls hydroelectric dam

Workers have repaired a gate on a Connecticut River hydroelectric dam that had been stuck open for more than two weeks. via The Boston Globe

Proposal Would Block Construction of Some ND Oil Pipelines

A proposed ballot initiative would block construction of some new oil pipelines in North Dakota. via KMOT-TV Minot

Workers repair gate on Connecticut River dam

Workers have repaired a gate on a Connecticut River hydroelectric dam that had been stuck open for the last two weeks. via Burlington Free Press

Natural Gas News
Natural Gas news continually updated from thousands of sources around the net.

 

Wind Could Power 20% of US Grid by 2030

Here's some interesting news: a new Department of Energy report claims wind turbines could generate 300 gigawatts of electricity -- roughly 20% of the US electrical grid -- by 2030. via Jetson Green

Editorial: Flats secrecy taken too far

Little about the history of the Rocky Flats nuclear trigger plant engenders the trust of Coloradans. via Denver Post Economy/Real Estate

Energy policy: Wind

"We're really been positioning ourselves as the center for the new energy economy"

From The Denver Business Journal : " A report issued Monday by the federal Department of Energy --- saying that wind power could meet 20 percent of the nation's needs by 2030 --- could boost Colorado's ... via John Orr

Use of wind energy expected to grow dramatically

"The United States possesses abundant wind resources"

Two decades from now Americans could get as much electricity from windmills as from nuclear power plants, according to a government report that lays out a possible plan for wind energy growth. via KRISTV.COM Corpus Christi

Nano-Proprietary, Inc. Grant Application Selected for Award by the Department of Energy

"We are pleased to be selected for this award"

Austin, Texas-based Nano-Proprietary, Inc. announced that its subsidiary Applied Nanotech, Inc. via Earth Times

'Vampire loads' are a pain in the neck -- and wallet

"Anything with a remote-control device, anything with a clock ... anything that's warm."

It's called "vampire" or "phantom" load, the constant power drain by an increasing array of electronic equipment used in homes and offices. via UnionLeader.com

Group Protests Plan To Purge Rocky Flats Records

Colorado Congressmen Ed Perlmutter and Mark Udall are objecting to plans by the Department of Energy to digitally copy and then destroy 500 boxes of records from the former Rocky Flats nuclear weapons plant. via Cbs4denver.com

The America COMPETES Act and the FY2009 Budget

The America COMPETES Act responds to concerns that the United States may not be able to compete economically with other nations in the future due to insufficient investment today in science and technology ... via Open CRS

Agency : Oregon doesn't need imported LNG

In a potentially fatal blow to three proposals to build liquefied natural gas terminals in Oregon, the state Department of Energy released a report Friday stating that imported LNG isn't needed, would be more ... via The Oregonian

Newest GREET model updates environmental impacts

The newest version of the Greenhouse gases, Regulated Emissions and Energy use in Transportation model from the U.S. Department of Energy's Argonne National Laboratory will provide researchers with even more ... via Huliq.com

Department of Energy News
News on Department of Energy continually updated from thousands of sources around the net.

 

 

 

 

 

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