Digital50.com Category: Oil/Energy

CGGVeritas: General Meeting of Shareholders and Five-for-One Stock Split

Thu, 15 May 2008 01:00:00 0500

PARIS, May 15 PRNewswire-FirstCall — CGGVeritas (ISIN: 0000120164 - NYSE: CGV) reports that shareholders voted in favor of all resolutions during the Annual Meeting of shareholders (AGM) that was held April 29th 2008. 54.3% of...

Pemberton adds two shale gas targets to its oil play

Thu, 15 May 2008 00:01:00 0500

CALGARY, May 15 PRNewswire-FirstCall - (TSX.V:PBT, FSE :P5W) Pemberton Energy Ltd. ("Pemberton") is pleased to announce that after further evaluation by our geological team of the recently drilled two vertical wells on our Gage Peace River Arch...

Advantage Announces 1st Quarter Results 2008

Wed, 14 May 2008 23:10:00 0500

CALGARY, May 14 PRNewswire-FirstCall - Advantage Energy Income Fund ("Advantage" or the "Fund") is pleased to announce its unaudited operating and financial results for the first quarter ended March 31, 2008.

Three months...

China Recycling Energy Corp. Announces Preliminary Financials for First Quarter 2008 and Provide Guidance for FY 2008 and 2009

Wed, 14 May 2008 20:47:00 0500

XI'AN, China, May 14 Xinhua-PRNewswire-FirstCall — China Recycling Energy Corp. (OTC Bulletin Board: CREG) ("CREG" or "the Company"), a leading industrial waste-to-energy solution provider in China, today announced its...

Solar-Powered Cars Drive Learners to Leaders(TM) Students One Step Closer to College

Wed, 14 May 2008 19:41:00 0500

DENISON, Iowa, May 14 PRNewswire — Not too long ago, 10 eighth grade students from Denison Middle School couldn't have imagined that they would be designing, building and racing solar-powered cars as a class project.

Pepco Energy Services Selected by Pennsylvania State University to Implement Energy Savings Performance Contract

Wed, 14 May 2008 18:38:00 0500

ARLINGTON, Va., May 14 PRNewswire-FirstCall — Pepco Energy Services, a subsidiary of Pepco Holdings, Inc. (NYSE: POM) and a leader in energy savings performance contracting, has been selected to implement a comprehensive energy performance contract...

Spectra Energy Partners Announces Retirement of Lon Mitchell; Names Laura Buss Sayavedra, Chief Financial Officer

Wed, 14 May 2008 18:00:00 0500

HOUSTON, May 14 PRNewswire-FirstCall — Spectra Energy Partners, LP (NYSE: SEP) today announced the retirement of Lon C. Mitchell, Jr. as vice president and chief financial officer of Spectra Energy Partners GP, LLC, the...

Tidelands Oil & Gas Corporation Secures Financing Commitment

Wed, 14 May 2008 17:38:00 0500

SAN ANTONIO, May 14 PRNewswire-FirstCall — Tidelands Oil & Gas Corporation (OTC Bulletin Board: TIDE) today announced the closing on May 9, 2008 of a financing transaction in which the Company entered into a Securities Purchase...

Ormat Technologies, Inc. Announces Closing of Sale of 3,100,000 Shares of Common Stock

Wed, 14 May 2008 17:14:00 0500

RENO, Nev., May 14 PRNewswire-FirstCall — Ormat Technologies, Inc. (NYSE: ORA) (the "Company") today announced the closing of the sale of 3,100,000 shares of common stock in a public offering. Lehman Brothers Inc. acted as underwriter for the...

PG&E Asks Customers to Conserve Energy This Week as Temperatures Heat Up Across California

Wed, 14 May 2008 17:13:00 0500

SAN FRANCISCO, May 14 PRNewswire-FirstCall — Triple digit temperatures are forecast for many parts of California this week, and Pacific Gas and Electric Company is asking Critical Peak Pricing customers to voluntarily...

Cameron to Present at UBS Global Oil and Gas Conference

Wed, 14 May 2008 17:00:00 0500

HOUSTON, May 14 PRNewswire-FirstCall — Cameron Vice President and CFO Charles M. Sledge will appear at the UBS Global Oil and Gas Conference on Wednesday, May 21, 2008. His remarks will be available...

Superior Offshore International Announces its Request to Terminate its Registration Under Section 12(g) of the Securities Exchange Act

Wed, 14 May 2008 16:36:00 0500

HOUSTON, May 14 PRNewswire — Superior Offshore International, Inc. (the "Company") previously disclosed that on April 24, 2008 it filed a voluntary petition under Chapter 11 of the United States Bankruptcy Code (the "Bankruptcy...

Badger Income Fund announces a 26 percent increase in revenues and results for the first quarter ended March 31, 2008

Wed, 14 May 2008 16:30:00 0500

CALGARY, May 14 PRNewswire-FirstCall - Badger Income Fund (the "Fund" or "Badger") is pleased to announce its financial and operating results for the quarter ended March 31, 2008. Overall revenues increased by approximately 26 percent to...

Aegean Marine Petroleum Network Inc. Announces First Quarter 2008 Financial Results; Sales Volumes Increase 47.6%

Wed, 14 May 2008 16:18:00 0500

PIRAEUS, Greece, May 14 PRNewswire-FirstCall — Aegean Marine Petroleum Network Inc. (NYSE: ANW), an international marine fuel logistics company that markets and physically supplies refined marine fuel and lubricants to ships in port and at sea...

Massey Energy CEO Says Company is 'Positioned to Win': Reserves May Prove Most Valuable in North America

Wed, 14 May 2008 16:15:00 0500

RICHMOND, Va., May 14 PRNewswire-FirstCall — Massey Energy Company (NYSE: MEE) Chairman and Chief Executive Officer Don Blankenship addressed stockholders at the Company's annual meeting on Tuesday, May 13, 2008

Sunoco Logistics Partners L.P. to Present at 2008 Master Limited Partnership Investor Conference

Wed, 14 May 2008 16:15:00 0500

PHILADELPHIA, May 14 PRNewswire-FirstCall — Sunoco Logistics Partners L.P. (NYSE: SXL) announced today that Deborah M. Fretz, President and Chief Executive Officer will speak at the 2008 Master Limited Partnership Investor...

Constellation Energy Partners to Present at 2008 Master Limited Partnership Investor Conference

Wed, 14 May 2008 16:05:00 0500

HOUSTON, May 14 PRNewswire-FirstCall — Constellation Energy Partners (NYSE: CEP) today announced that it will be participating at the National Association of Publicly Traded Partnerships 2008 Master Limited Partnership Investor...

Nabors Announces Final Court Approval of Derivative Settlement

Wed, 14 May 2008 16:05:00 0500

HAMILTON, Bermuda, May 14 PRNewswire-FirstCall — Nabors Industries Ltd. (NYSE: NBR) announced today that the United States District Court for the Southern District of Texas has granted final approval of the previously disclosed...

DTE Energy Foundation Names Finalists for Achieving Excellence Awards

Wed, 14 May 2008 15:29:00 0500

DETROIT, May 14 PRNewswire — DTE Energy Foundation has announced the finalists for its 2008 Achieving Excellence Awards, Michigan's largest corporate grant competition for nonprofits.

The competition recognizes...

Michigan Manufacturing Technology Center, NextEnergy, Shepherd Advisors Collaborate on a Market Diversification Opportunity Brief Focused on Utility-Scale Wind Power Systems. Available for no fee download at MMTC Website

Wed, 14 May 2008 15:28:26 0500

PLYMOUTH, Mich., May 14 PRNewswire-USNewswire — The Michigan Manufacturing Technology Center, NextEnergy, and Shepherd Advisors have collaborated to issue a Market Diversification Opportunity Brief focused on Utility-Scale Wind Power Systems...

Detroit Edison Contributes to Ford Motor Co. Energy Star 2007 Partner Award from U.S. Environmental Protection Agency

Wed, 14 May 2008 15:15:00 0500

DETROIT, May 14 PRNewswire — Through its Energy Partnership program, Detroit Edison has helped Ford Motor Company earn its third consecutive Energy Star Partner of the Year Award in Energy Management from the U.S. Environmental Protection Agency...

Brazilian Sugarcane Industry Association Launches European Office in Brussels, Appoints European Representative

Wed, 14 May 2008 15:08:00 0500

BRUSSELS, Belgium, May 14 PRNewswire — In order to better contribute to the ongoing debate on ethanol and climate change and in line with its global strategy, the Brazilian Sugarcane Industry Association (UNICA) has opened an office in...

Vectren Chairman Highlights Challenges in the Energy Industry, Calls for Permanent Dividend Tax Relief

Wed, 14 May 2008 14:37:00 0500

EVANSVILLE, Ind., May 14 PRNewswire-FirstCall — Expected response to global climate change, the need for continued infrastructure investments and growing energy demand all point to signs that energy prices will continue to experience immense...

Baker Hughes to Present at the 2008 UBS Global Oil & Gas Conference

Wed, 14 May 2008 14:36:00 0500

HOUSTON, May 14 PRNewswire — Baker Hughes Incorporated (NYSE: BHI) announced today that Andy O'Donnell, Vice President and President, Baker Petrolite, will present at the 2008 UBS Global Oil & Gas Conference in...

Royal Dutch Shell plc: Buyback of Own Shares

Wed, 14 May 2008 13:03:00 0500

LONDON, May 14 PRNewswire-FirstCall — Royal Dutch Shell plc (NYSE: RDS.A)(NYSE: RDS.B) announces that on 14 May, 2008 it purchased for cancellation 600,000 "B" Shares at a price of 2023.96 pence per...

Pinnacle Gas Resources Announces Time Change for Conference Call to Discuss First Quarter 2008 Results and Current Operations

Wed, 14 May 2008 12:59:00 0500

SHERIDAN, Wyo., May 14 PRNewswire-FirstCall — Pinnacle Gas Resources (Nasdaq: PINN) today announced a time change for their conference call with investors, analysts and other interested parties to discuss first quarter 2008 financial and...

Long-Term Power Purchase Agreement Awarded by Nova Scotia Power

Wed, 14 May 2008 12:58:00 0500

DIGBY, NS, May 14 PRNewswire - Joint venture partners SkyPower Corp., a Lehman Brothers Company, and Scotian WindFields Inc., a Community Owned Nova Scotia Company, announced today the award of a long term power purchase agreement by Nova Scotia Power...

Progress Energy CEO Tells Shareholders Company Has Clear Strategy Focused on Two Utilities; Board of Directors Declares Dividend

Wed, 14 May 2008 12:54:00 0500

RALEIGH, N.C., May 14 PRNewswire-FirstCall — Progress Energy (NYSE: PGN) Chairman, President and CEO Bill Johnson told shareholders today the company is focused on securing a bright future for its customers, shareholders and...

Lime Energy Co. Reports Results for Three-Month Period Ended March 31, 2008

Wed, 14 May 2008 12:15:00 0500

ELK GROVE VILLAGE, Ill., May 14 PRNewswire-FirstCall — Lime Energy Co. (Nasdaq: LIME), a leading developer and integrator of energy savings technologies today announced its results for the three month period ended March 31, 2008.

Royal Dutch Shell plc: Notification of Transactions of Directors and Connected Persons

Wed, 14 May 2008 11:55:00 0500

LONDON, May 14 PRNewswire-FirstCall — Date of Notification: 13 May 2008 Today's date: 14 May 2008 Name of Issuer: Royal Dutch Shell plc Date of transaction: 13 May 2008

Notification relating to a transaction notified in accordance with: DR 3.1.4 R(1)(a)

NiSource Declares Quarterly Common Dividend

Wed, 14 May 2008 11:50:00 0500

MERRILLVILLE, Ind., May 14 PRNewswire-FirstCall — The Board of Directors of NiSource Inc. (NYSE: NI) today announced it has declared a quarterly common dividend payment of 23 cents per share, payable August 20, 2008

Shell Rotella(R) T Synthetic 5W-40 Motor Oil Offers Improved Engine Protection

Wed, 14 May 2008 11:42:00 0500

HOUSTON, May 14 PRNewswire — Shell Lubricants has introduced Shell Rotella(R) T Synthetic 5W-40 heavy-duty motor oil, which meets or exceeds API CJ-4 specifications. The motor oil offers significant improvements in wear protection, soot control...

ASHRAE President Kent Peterson to Brief Journalists at National Press Club on New Goal, Guidelines to Create Net-Zero Energy Buildings

Wed, 14 May 2008 11:25:54 0500

WASHINGTON, May 14 /PRNewswire-USNewswire/ — The following is being issued by American Society of Heating, Refrigeration and Air-Conditioning Engineers:

WHO: Kent...

Alpha Natural Resources Holds Annual Meeting

Wed, 14 May 2008 11:12:00 0500

ABINGDON, Va., May 14 PRNewswire-FirstCall — Stockholders of Alpha Natural Resources, Inc. (NYSE: ANR) approved four proposals submitted for vote by the company at its annual meeting held today in Abingdon, Va.

CMAI Outlines Chevron Phillips Chemical Strategic Business Position

Wed, 14 May 2008 11:00:00 0500

HOUSTON, May 14 PRNewswire — Chemical Market Associates, Inc. (CMAI) recently completed the Chemical Company Analysis (CCA) on Chevron Phillips Chemical Company LLC. The report includes strategic direction, financial overviews, global chemical...

Suncor Voyageur Expansion Embraces Honeywell Simulation Technology

Wed, 14 May 2008 11:00:00 0500

CALGARY, Alberta, May 14 PRNewswire-FirstCall — Honeywell (NYSE: HON) today announced it has been selected to provide operator training simulator technology for Suncor Energy Inc.'s Voyager Oil Sands Upgrader Operation in Northern...

UPS Places Largest Order for 'Green' Trucks Ever With Daimler Trucks North America (DTNA)

Wed, 14 May 2008 09:31:00 0500

GAFFNEY, S.C. and STUTTGART, Germany, May 14 PRNewswire-FirstCall — The largest order of alternative-fuel and drive-train commercial vehicles to-date was placed with DTNA's Freightliner Custom Chassis Corporation (FCCC) today...

Tullow Oil plc - Appointment of Ann Grant as a Non-Executive Director

Wed, 14 May 2008 09:29:00 0500

LONDON, May 14 PRNewswire — Tullow is delighted to announce the appointment of Ann Grant as a non-executive Director of the Group with effect from May 15, 2008. Ann, who is currently Senior Adviser on...

Republican National Committee: Obama's Power Shifting

Wed, 14 May 2008 09:22:51 0500

When Will Barack Obama Stop Shifting On Energy Issues?

Obama Is Shifting On His Own Speech He Gave One Year Ago

WASHINGTON, May 14 PRNewswire-USNewswire — The following was released today by...

eDynamic's Successful Deployment of Franchise Application Management System (FAMS) for Suncor Energy Products Inc.

Wed, 14 May 2008 09:14:00 0500

TORONTO, Canada, May 14 PRNewswire — eDynamic, a Global IT & Interactive Marketing Services, Consulting Firm today announced the successful development of an online application - Franchise Application Management System for...