April 2009
Calpine, GE Receive California Public Utilities Commission Approval of Power Purchase Agreement for Planned Bay Area State-of-the-Art Power Plant
Calpine Corporation (NYSE:CPN) and GE (NYSE: GE) unit GE Energy Financial Services announced today that the California Public Utilities Commission has approved an amended Power Purchase Agreement for a state-of-the-art combined-cycle natural gas power ...
Suzlon Energy in talks to raise $80.5 mln with a Malaysia-based investor C Sivasankaran for its Germany REpower unit
Suzlon Energy, the world’s fifth-largest Indian wind turbine maker, is negotiating with a Malaysia-based investor C Sivasankaran, or Siva to raise nearly Rs 400 crore to increase its stake in Germany’s REpower. Suzlon may pledge some of its hol...
Capstone Turbine Corporation Reduces Number of Employees!
Capstone Turbine Corporation (NASDAQ:CPST), the world’s leading clean technology manufacturer of microturbine energy systems, today announced that, based on preliminary results for the fourth quarter of fiscal 2009, it lowered cash used substanti...
March 2009
2009 PC Energy Report suggests UK organisations waste £300 million per year powering idle computers
2009 PC Energy Report suggests UK organisations waste £300 million per year powering idle computers But UK office workers lead their US counterparts in making the environment a priority The findings of the 2009 PC Energy Report have been released t...
February 2009
Nuon and Vattenfall Join Forces to Create a Leading European Energy Company!
Dutch Nuon and Swedish Vattenfall today announced they will join forces to form a leading European energy company. The combination will boost the transition towards a climate neutral operation by 2050 through joint investment programmes. Vattenfall has...
December 2008
A report on: Electricite de France targets US Constellation Energy again
Electricite de France S.A. (”EDF”) announced that, through its subsidiary EDF International, it has sent a letter to the Board of Directors of Constellation Energy proposing to acquire a 50% ownership interest in Constellation’s nuc...
November 2008
XTO Energy Sets 2009 Development Budget of $3.3 Billion; Plans Additional $500 Million for Midstream Infrastructure; Targets Production Growth of 18%
XTO Energy Inc. (NYSE: XTO) today announced that its Board of Directors has approved a 2009 capital budget for development and exploration expenditures of $3.3 billion. An additional $500 million has been budgeted for the construction of pipeline infra...
XTO Energy Announces Executive Promotions!
XTO Energy Inc. (NYSE: XTO) announced today the promotion of Keith A. Hutton to Chief Executive Officer of the Company from his position as President. Bob R. Simpson, a founder of the Company in 1986 and Chief Executive Officer since 1993, will contin...
October 2008
John N. Ehrman former CEO of Rocky Mountain Energy digged his own grave
I mean, it’s not like John Ehrman robbed a bank and got away with a few hundred dollars-that is serious jail time. He only robbed the investors and got away with millions. No Biggie. Sounds familiar: A person over-reports listed assets when app...
What Chesapeake Energy CEO Aubrey K. McClendon new plan?
Several companies are caught in the credit crunch and putting production plans on hold. Deep water projects are being delayed. The oil sands need $80 oil for their profitability. Alternative energy needs high oil prices to be competitive and drive dema...
September 2008
A Harvard Business School student Pierre Gadonneix buyout plan: EDF buys British Energy
Why not the CNN or BBC could have used a headline like “French Government (EDF’s largest shareholder) Takes Control of Britain’s Nuclear Industry” or “A Harvard Business School Takes Control of Britain’s Nuclear Ind...
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