Monday, June 27, 2011

Keyword News: ["energy"]

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Monday, June 27, 2011 2:45 PM PDT
Business
The Telegraph Mon, 27 Jun 2011 14:44 PM PDT
Scottish oil and gas explorer Cairn Energy Plc today agreed to lower the price at which it would sell a 40 per cent stake in Cairn India to Anil Agarwal-owned Vedanta Plc by Rs 50 a share â€" or 81 US cents â€" boosting the prospects of winning gove ...

American Electric Technologies Announces Solar Industry's First 1 MW 1000 Volt UL 1741-Tested Inverter System
Renewable Energy World Mon, 27 Jun 2011 14:40 PM PDT
Houston-based American Electric Technologies, Inc. (NASDAQ: AETI) the leading global provider of power delivery solutions for the traditional and renewable energy industries, today announced that the company has received notification from TUV Rheinland that its 1 MW 1000 Volt Integrated Solar Inversion Station (ISISâ„¢) has successfully passed the solar inverter tests as outlined in UL 1741-2010 ...

The Future of the Energy Trade
CNBC Mon, 27 Jun 2011 14:39 PM PDT
On Monday, the energy trade was shaken to its core after an explosive newspaper report raised serious questions about a certain fuel.Specifically, a New York Times article called the future potential of natural gas [ NGCV1 4.269 +0.04 (+0.95%) ] into question, suggesting the industry may be building upon shaking foundation at best.Here’s what the report said: Energy companies have worked hard to ...

Panama City's Collier wins amateur MMA title
The News Herald Mon, 27 Jun 2011 14:35 PM PDT
MILTON - Panama City's Aubray "Swisha" Collier defeated Adam Kelley on Saturday by first-round knockout to win the Ultimate Cage Fighting heavyweight amateur mixed martial arts championship.Collier, fighting with Team T.H.O.R. out of Club Energy and Fitness, improved to 12-0 in...

ERCOT Urging Energy Conservation
FOX 7 Austin Mon, 27 Jun 2011 14:35 PM PDT
ERCOT is asking consumers and businesses to reduce their electricity use on Monday during the peak hours of 3:00 to 7:00 p.m.  

Oil leaks at Pengrowth facility near Swan Hills
CBC Edmonton Mon, 27 Jun 2011 14:32 PM PDT
An explosion and oil spill Sunday at a Pengrowth Energy facility southwest of Swan Hills, Alta. is now under investigation by Alberta's Energy Resources Conservation Board.

S.E.C. Shift Leads to Worries of Overestimation of Reserves
New York Times Mon, 27 Jun 2011 14:32 PM PDT
A rule change intended to modernize how energy companies report their gas reserves has led to concerns about the overstatement of reserves, internal e-mails and documents show.

Progress Energy wants to spend up to $1.3 billion to repair nuclear plant
St. Petersburg Times Mon, 27 Jun 2011 14:32 PM PDT
By Ivan Penn, Times Staff Writer Monday, June 27, 2011 BY IVAN PENN Times Staff Writer Progress Energy is proposing to repair its troubled nuclear plant in Crystal River rather than permanently shut it down, a move the utility says would save ratepayers some $300 million a year in fuel costs. The estimated repair cost ranges from $900 million to $1.3 billion to repair a second crack found in the ...

Mintz Levin Completes $60 Million Public Offering for Empeiria Acquisition Corp
Business Wire Mon, 27 Jun 2011 14:30 PM PDT
NEW YORK--(BUSINESS WIRE)--Corporate attorneys from the New York office of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. completed a $60,000,000 initial public offering for Empeiria Acquisition Corp (OTCBB: EPAQU), a special purpose acquisition company (SPAC) focused on operating businesses in the energy, transportation, food and industrial technology sectors. Mintz Levin represented Cohen ...

Must use coal, for now: Aquino
Sun Star Mon, 27 Jun 2011 14:30 PM PDT
CEBU CITY â€" President Benigno Aquino III commended a Philippine-Korean joint venture for "considering the environment" in building its 200-megawatt coal-fired power plants, which he inaugurated on Monday. A week after launching the National Renewable Energy Program (NREP), the president told reporters his administration has to balance environmental protection with the need for a sustainable ...




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