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Archive for the 'Energy' Category


American Solutions Launches ‘Drill Here, Drill Now, Pay Nothing’ YouTube Contest

WASHINGTON, Aug. 14 /PRNewswire-USNewswire/ — American Solutions for Winning the Future has launched a “Drill Here, Drill Now, Pay Nothing” YouTube contest to offer one individual free gasoline for an entire year. The videos will be judged on substance and creativity and should demonstrate in two minutes or less why a […]

Environmental Power Announces Sale of Tax Exempt Bonds for Microgy Grand Island Biogas Project

TARRYTOWN, N.Y., July 28 /PRNewswire-FirstCall/ — Environmental Power Corporation (the “Company”) today announced that its subsidiary, Microgy Grand Island, LLC, has completed a financing involving the sale of $7 million of tax-exempt bonds issued by the City of Grand Island, Nebraska. The proceeds of the bonds will be used to finance construction […]

Devon Energy Completes $2.2 Billion Sale of Assets in Equatorial Guinea

OKLAHOMA CITY, June 3 /PRNewswire-FirstCall/ — Devon Energy Corporation announced today that it has completed the previously announced sale of its oil and gas business in the African nation of Equatorial Guinea. The sale price was $2.2 billion before taxes, $1.7 billion after taxes. The buyer is GEPetrol, the national oil […]

2008 Hess Mini Toy Truck Brings Twice the Fun to Collectors and Kids

NEW YORK, May 23 /PRNewswire-FirstCall/ — A recreational van with an accompanying dune buggy makes its debut today as part of Hess Corporation’s collectible Miniature Truck series. Paying tribute to a popular holiday Hess Toy Truck from the past, the 2008 Mini Toy Truck packs craftsmanship and value into this pair of miniature […]

Integrys Energy Group, Inc. Subsidiary Files Natural Gas Rate Case in Michigan

CHICAGO, May 19 /PRNewswire-FirstCall/ — Integrys Energy Group, Inc. announced today that its subsidiary, Michigan Gas Utilities Corporation, has filed a rate case with the Michigan Public Service Commission, the first delivery rate increase request since 2003. Michigan Gas Utilities applied for an overall increase of 5.8 percent in retail natural gas delivery […]

National Grid Unveils ‘Very Strong Performance’

LONDON, May 15 /PRNewswire/ — In a video interview, Steve Holliday, National Grid CEO, looks at the
group’s full year results which include, for the first time, contributions
from the Keyspan acquisition. He discusses capital investment plans, the
balance sheet and share buy-back and the outlook given the current economic
climate. The interview, transcript, […]

Peabody Energy Announces Results for the Quarter Ended March 31, 2008

ST. LOUIS, April 22 /PRNewswire-FirstCall/ — Peabody Energy today reported first quarter EBITDA totaled $273.5 million, an increase of 16 percent over the comparable prior-year period, on record quarterly revenues of $1.28 billion and sales of 61.2 million tons. Pre-tax income rose 24 percent to $114.5 million. Income from continuing operations […]

Tekoil Announces Positive Operating Cash-Flow in Galveston Bay

THE WOODLANDS, Texas, April 17 /PRNewswire-FirstCall/ — Tekoil & Gas Corporation (BULLETIN BOARD: TKGN) announced today that for the first time since acquiring its four fields in Galveston and Chambers counties in Galveston Bay, Texas, it had a positive net operating cash-flow of $242,676 (unaudited) for the month of February, compared to […]