Has China Really Gotten Serious About Climate Change? Sep 25, 2009
In effect, says Gerald Page, managing director of Equinox Energy Partners in Beijing, a venture capital firm, China is adding 1 gigawatt of coal-fired capacity every five days. And that's not going to change anytime soon. (Time.com)
Crocotta Energy Announces Hiring of Advisor to Sell Properties and Private Placement to Management Sep 23, 2009
CALGARY, ALBERTA--(Marketwire - Sept. 22, 2009) - Crocotta Energy Inc. ("Crocotta" or the "Company") (TSX: - ) is pleased to announce that it has engaged Rundle Energy Partners to market for disposition certain properties in west-central Alberta totalling 1,280 BOE/d of production comprised of 50% light oil and NGLs and 50% natural gas. As previously announced, Crocotta will sell a minimum of 500 BOE/d prior to year-end with proceeds to be used to reduce debt and fund development of its resource... (CCNMatthews Press Releases)
EPL Appoints New Board of Directors Sep 22, 2009
NEW ORLEANS, Sept. 21 /PRNewswire-FirstCall/ -- Energy Partners, Ltd. ("EPL" or, the "Company") (Pink Sheets: ERPLQ) (NYSE: ) today announced that, in connection with the Company's emergence from bankruptcy, five individuals have been appointed to serve as the Company's Board of Directors, effective immediately ... "I speak for the entire Board when I express my excitement about joining the team at Energy Partners," said Mr. McCarthy, the new Chairman of EPL's Board of Directors ... sec.gov, or... (PR Newswire)
EPL Successfully Emerges From Chapter 11 Sep 22, 2009
NEW ORLEANS, Sept. 21 /PRNewswire-FirstCall/ -- Energy Partners, Ltd. ("EPL" or, the "Company") (Pink Sheets: ERPLQ) (NYSE: ) announced that its Second Amended Joint Plan of Reorganization as modified as of September 16, 2009 (the "Plan"), filed with the United States Bankruptcy Court for the Southern District of Texas, became effective today, marking EPL's emergence from its voluntary Chapter 11 restructuring ... "Today Energy Partners reached the final milestone in what has been a very... (PR Newswire)
Solar plant on landfill could benefit thousands Sep 22, 2009
A bid by a fourth group, U.S. Energy Partners LAR America Inc., was not considered. The full council is set to vote on the proposal in October, with contract negotiations with the winning bidder expected to run through early 2010. (AZCentral -- Business)
Covanta Energy Partners with Ocean Conservancy to Help Clean Up Our Coastal Waters Sep 19, 2009
Text hiding to spacing. Company to convert collected marine debris into clean, renewable electricity. (PR Newswire)
Stroock Adds Two Energy Partners From Dewey Sep 19, 2009
Top Stories From Law. expanded its energy and project finance practice Thursday with two partners from. (Law.com)
Co-Hosts EQUITIES Magazine and C. K. Cooper & Company Announce Live Webcast of Its Inaugural West Coast Energy Conference Sep 17, 2009
Keynote speakers for this one-day event include Halbert Washburn, Co-CEO, Chairman and co-founder of BreitBurn Energy Partners L.P. - Master Limited Partnership, an independent oil and gas partnership focused on the acquisition, exploitation and development of oil and gas properties in the United States. Mr. Washburn's topic of discussion is "MLP's: The Past, Present and Future.". (Primezone Releases)
Bill would create Wis. wind farm rules Sep 13, 2009
Winn and other landowners formed AgWind Energy Partners. They got permission from Trempealeau County to set up survey towers to measure wind speeds, with an eye toward one day building 20 turbines, worth $600 million, that could produce up to 50 megawatts of electricity _ enough to power 50,000 homes. (Chippewa Falls Chippewa Herald, WI)
Stock questions? Ask Matt Sep 10, 2009
Q: Is Kinder Morgan Energy Partners a good investment for people looking for high dividends ... Currently, the energy partnership is yielding 8%, which is certainly better than you'd get from Treasuries, savings accounts or even a certificate of deposit. (USA Today -- Money)
Health-Care Debate Could Hamper Climate Bill Sep 9, 2009
"The administration is motivated and they're doing what they have to do to try to look responsive to a lot of different stakeholder groups," said Kevin Book, an analyst at ClearView Energy Partners LLC. He puts the odds of passing legislation at 60%, making Book among the most optimistic of forecasters surveyed. Among the pieces of evidence is a proposal submitted by the Environmental Protection Agency for White House review last week that suggested the agency would try to limit the reach of... (SmartMoney)
4-Star Stocks Poised to Pop: Kinder Morgan Energy Sep 4, 2009
Based on the aggregated intelligence of 140,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, energy transportation and storage company Kinder Morgan Energy Partners (NYSE: KMP) has earned a respected four-star ranking. With that in mind, let's take a closer look at Kinder's business and see what CAPS investors are saying about the stock right now. (MSNBC -- Business)
Namaste Solar gets stimulus project Sep 3, 2009
Energy Partners LLC, of Boulder, will own and operate the project. Eldorado (OTC: ELDO) said it expects the system to supply about half the facility s energy needs. (Denver Business Journal, CO)
Air Products & Chemicals Buys Texas Hydrogen Plant Sep 2, 2009
Air Products bought the steam methane reformer hydrogen facility under construction in Corpus Christi, Texas, from MarkWest Energy Partners LP.. The facility will produce over 30 million standard cubic feet per day of hydrogen, said Air Products, which Air Products will deliver to MarkWest. (ABC News -- Wire)
Baker Hughes to Buy BJ Services for $4.8 Billion Sep 1, 2009
"The business logic is one where both companies felt that all the major international oil and gas players want to rely increasingly on a one-stop approach where they can bundle services," said John Olson, a fund manager at Houston Energy Partners. Shares of smaller oilfield services firms surged after the news in anticipation of more potential deals. (ABC News -- Wire)
Is M&A on a Slow Upswing? Sep 1, 2009
Also announced on Aug. 31 was a smaller energy deal in which Kinder Morgan Energy Partners () agreed to pay about $266 million for the natural-gas businesses of Crosstex Energy (). A week earlier, Warner Chilcott () agreed to buy () pharmaceutical business for more than $3 billion. (BusinessWeek)
These Will Be the Market's Next Big Movers Aug 29, 2009
I've even gone so far as to introduce them to master limited partnerships like Kinder Morgan Energy Partners and Magellan Midstream Partners, which are paying out monster dividends and have major tax advantages over regular dividend payers. Swinging for the fencesOf course, like me, most of the folks asking for my advice are on the younger end of the investor spectrum -- and for better or worse, they all want to know which stocks will make them rich beyond their wildest dreams. (MSNBC -- Business)
Solar company asks for dismissal of involuntary bankruptcy Aug 20, 2009
It also alleges Joshua Powell, a former worker who went on to form another company, Distributed Energy Partners, is engaged in anti-competitive conduct. lect> Add your comment (max {maxchars} characters) You must be logged in to leave a comment. (Honolulu Advertiser)
Work Begins on Historic Wind Power Project at Upper Scioto Valley High School Aug 18, 2009
The project -- made possible in part through the American Reinvestment and Recovery Act -- is being developed by NexGen Energy Partners, LLC, a national leader in on-site renewable energy systems ... John Brown, president of NexGen Energy Partners, said, "Helping to make this project a reality for the school district and the surrounding community is an exciting example of public-private partnerships, and an example of the local impact of federal stimulus funding." ... About NexGen Energy... (PR Newswire)
Goldman, JPMorgan Face Carbon Market Curbs Under U.S. Senators' Proposals Aug 13, 2009
Most senators favor letting financial companies trade carbon-dioxide permits, said , a Washington-based managing director for ClearView Energy Partners LLC, which does energy analysis. House Bill. (Bloomberg)
Abraxas reported second quarter loss Aug 11, 2009
Abraxas Petroleum (NASDAQ: AXAS) entered into a definitive agreement with Abraxas Energy Partners LP. All results are reported on a consolidated basis. Reader Comments. (San Antonio Business Journal, TX)
Creditors sue Hawaii solar energy firm Aug 6, 2009
He is a founding partner at Distributed Energy Partners. The other petitioning creditors in the case are LLC, which claims it is owed $12,985. (Pacific Business News, HI)
Court Confirms EPL's Plan of Reorganization Aug 4, 2009
NEW ORLEANS, Aug. 3 /PRNewswire-FirstCall/ -- Energy Partners, Ltd. ("EPL" or, the "Company") (Pink Sheets: ERPLQ) today announced that the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the "Court") confirmed EPL's pre-negotiated Joint Plan of Reorganization (the "Plan"). "The Court's confirmation of Energy Partners' Plan is a major milestone in what has been a very efficient and productive restructuring process," said Alan D. Bell, Chief Restructuring... (PR Newswire)
California officials blast Coos Bay LNG proposal Aug 3, 2009
It joined with Williams of Salt Lake City and Fort Chicago Energy Partners of Calgary, Alberta, Canada, on the project in 2006. Supervisor Chris Daly sponsored the city's resolution after his legislative aide, Tom Jackson, met on July 16 with anti-LNG activist Jody McCaffree of North Bend and other opponents. (Coos Bay-North Bend The World, OR)
Enbridge Net Income Declines Less Than Estimated on Lower Interest Costs Jul 30, 2009
Sponsored investments, which include the companys stakes in Enbridge Income Fund and Enbridge Energy Partners, advanced to C$42. 9 million from C$22 million. (Bloomberg -- Canada)
Distributed Energy Partners leases space in Hawaii Times building Jul 29, 2009
Distributed Energy Partners said it has signed a lease for the 3,400-square-foot space in the historic Hawaii Times building in downtown Honolulu. DEP, a renewable energy services firm, said it plans to begin using the space for its corporate headquarters on Aug. 1. (Honolulu Advertiser)
Coming events Jul 28, 2009
EXCHANGE CLUB OF DOWNTOWN HONOLULU luncheon noon to 1:30 p.m. Aug. 6 at Oahu Country Club; guest speaker, Mark Duda, founding member of Distributed Energy Partners, on renewable energy; his firm develops commercial scale solar, wind and emerging technologies projects; lunch $20. Information: 524-0330, ext. (Honolulu Advertiser)
Offshore wind could be next wave for U.S. Jul 28, 2009
"Coastal real estate is expensive," said Kevin Book, energy analyst at ClearView Energy Partners, of Washington. "It's going to be very tough to get stakeholders on board when you're crossing coastal real estate with something unsightly.". (Scientific American)
Hawaii residential solar energy company launched Jul 25, 2009
HONOLULU Distributed Energy Partners, the state's leading commercial solar integrator, announced today the launch of RevoluSun, a residential photovoltaic company. Currently only about 1 percent of homes in Hawaii have a PV system. (Honolulu Advertiser)
Claflin hopes to grow slimy fuel source Jul 24, 2009
Organic Bio-Energy Inc., a Claflin spin-off, and Greer-based Green Energy Partners joined together in April 2008 to study the feasibility of building a $75 million, 35-acre biofuel plant/research park at the John W. Matthews Industrial Park at the corner of U.S. 176 and U.S. 301. Now the outstanding question remains: Will the project become reality. (Orangeburg Times and Democrat, SC)
These 5 Underdogs Are No Dogs Jul 24, 2009
Eagle Rock Energy Partners (Nasdaq: EROC). . (MSNBC -- Business)
Amgen, Smucker, Steelcase Have Value, Momentum Jul 21, 2009
For the record, they are Ameron International Corp., Comtech Telecommunications Corp., Del Monte Foods Co., Parexel International Corp., Regency Energy Partners LP, and Teletech Holdings Inc.. Here are thoughts on the five stocks in the group on which I can contribute some perspective. (Bloomberg -- Columnists)
Enbridge Will Fund Two-Thirds of U.S. Affiliate's Oil-Pipeline Project Jul 21, 2009
Enbridge will get two-thirds of the earnings and cash flow from the project by its U.S. affiliate Enbridge Energy Partners LP, the company and partnership said today in a joint statement ... Enbridge Energy Partners advanced $2. (Bloomberg -- Canada)
Dow gains 32 points Jul 18, 2009
MarkWest Energy Partners (MWE): up 6. 11 percent, or $1. (Denver Business Journal, CO)
McCormack Baron forms energy firm Jul 16, 2009
Jonathan Goldstein is president of Sunwheel Energy Partners. Reader Comments. (St. Louis Business Journal, MO)
Knight changes back to Kinder Morgan Jul 16, 2009
Kinder Morgan owns the general partner and significant limited partner interests in Kinder Morgan Energy Partners LP (NYSE: KMP). It also operates or owns an interest in more than 35,000 miles of pipelines that transport products such as natural gas, gasoline, crude oil and carbon dioxide. (Houston Business Journal, TX)
Five businesses make fastest-growing list Jul 16, 2009
Plano-based oil and gas services company TGC Industries is ranked No. 95 and oil refining company Holly Energy Partners is ranked No. 99 and has 121 employees. Reader Comments. (Dallas Business Journal, TX)
Europe still faces gas quandary Jul 13, 2009
So even though this latest crisis has profoundly shaken the EU's belief in Moscow and Kiev as reliable energy partners, it still has to keep looking east for its gas. One immediate concern for all European consumers will be whether Ukraine can afford the steep price increase for its own supplies of Russian gas. (BBC News -- Business)
Solar landfill project gets four bids Jul 11, 2009
BrightSource Energy Inc., Johnson Controls Inc., Tessera Solar, and the team of US Energy Partners and Munich Energy Partners America submitted applications by the end of June. The city is hoping to build a 150- to 200-megawatt solar power station on what will be a closed landfill on the west side of State Route 85 south of Buckeye. (Phoenix Business Journal, AZ)
Harmon enters solar space with S2 merger Jul 10, 2009
Harmon Electric Inc. is branching out into the solar installation business through a merger with the small S2 Energy Partners LLC.. The result is the Harmon Solar division, which will specialize in the design and installation of photovoltaic systems for homes and businesses. (Phoenix Business Journal, AZ)
Abraxas curtails gas production at well Jun 18, 2009
The company also owns a 47 percent interest in Abraxas Energy Partners LP.. Reader Comments. (San Antonio Business Journal, TX)
Former Quest Energy CFO Charged With Wire Fraud Jun 18, 2009
Former chief financial officer of Quest Energy Partners LP charged with 3 counts of wire fraud ... A federal grand jury in Oklahoma City has indicted the former chief financial officer of Quest Energy Partners LP on three counts of wire fraud. (ABC News -- Wire)
Holly Corporation Announces Pricing of $200 Million 9 7/8% Senior Notes Jun 6, 2009
Also, a subsidiary of Holly owns an approximate 41% interest (which includes a 2% general partner interest) in Holly Energy Partners, L.P., which through subsidiaries owns or leases approximately 2,600 miles of petroleum product and crude oil pipelines in Texas, New Mexico, Utah and Oklahoma and tankage and refined product terminals in several Southwest and Rocky Mountain states. The following is a "safe harbor" statement under the Private Securities Litigation Reform Act of 1995: The statements... (PR Newswire)
Holly Energy Partners buys new pipeline Jun 2, 2009
Holly Energy Partners LP has acquired a new 16-inch pipeline from that will connect Holly s refining facilities in Lovington, N.M., to similar facilities in Artesia, N.M.. Holly Energy Partners paid $34. (Dallas Business Journal, TX)
Energy executive plans six biofuel stations Jun 1, 2009
AUR Energy Partners has options to purchase two petroleum filling stations in Shorewood, but he doesn t expect opening the Shorewood stations until 2010 at the earliest ... AUR Energy Partners also has a car wash in Little Chute that uses recycled wash water. (Milwaukee Business Journal, WI)
County value tops $1 billion May 28, 2009
Encore Energy Partners, 6. 3 percent, 49 million. (Cody Enterprise, WY)
Why the Right to Emit Carbon Dioxide Is Given Away in U.S. Climate Change Bill May 27, 2009
A computer model run by ClearView Energy Partners estimates that greenhouse gas limits will hit three times as hard in West Virginia, Kentucky and North Dakota, for example, as in Washington state, California or Oregon. Oil refiners and manufacturers of chemicals, paper, cement and metals will be vulnerable. (Scientific American)
TSX Venture Exchange Daily Bulletins for May 26, 2009 May 27, 2009
TSX-X -------------------------------------------------------------------------- CANADA ENERGY PARTNERS INC. ("CE") BULLETIN TYPE: Normal Course Issuer Bid BULLETIN DATE: May 26, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has been advised by the Company that pursuant to a Notice of Intention to make a Normal Course Issuer Bid dated May 25, 2009, it may repurchase for cancellation, up to 4,117,814 shares in its own capital stock. The purchases are to be made through the facilities of... (CCNMatthews Press Releases)
Power plan off to slow start May 26, 2009
Said Duda, a partner with Honolulu-based Distributed Energy Partners, "There is a gigantic pool of business, government and nonprofit clients with very desirable roofs and large electrical loads who can't use the (state) tax credits.". But that could change under a bill sponsored by state Sen. (Honolulu Advertiser)
Spectra Energy Partners Announces Pricing of Public Offering of Common Units May 21, 2009
Spectra Energy Partners, LP Logo. (PRNewsFoto/Spectra Energy Partners, LP) HOUSTON, TX UNITED STATES ... HOUSTON, May 20 /PRNewswire-FirstCall/ -- Spectra Energy Partners, LP (NYSE: ) (the "Partnership") announced today that its public offering of approximately 9,000,000 common units was priced at $22. (PR Newswire)
Spectra Energy Partners to offer shares May 21, 2009
for free extra services. Subscribe to Houston Business Journal. (Houston Business Journal, TX)
Holly Energy Partners, L.P. Announces Exercise of Over-Allotment Option May 19, 2009
DALLAS, May 18 /PRNewswire-FirstCall/ -- Holly Energy Partners, L.P. (NYSE: ) (the "Partnership") announced today that the underwriters of its previously announced equity offering have exercised their over-allotment option and will purchase an additional 192,400 common units. The option was granted in connection with the Partnership's public offering of two million common units at an offering price of $27. (PR Newswire)
SemGroup Files Bankruptcy Reorganization Plan May 16, 2009
SemGroup is the parent of SemGroup Energy Partners LP , an oil and gas transportation company, but the companies have said previously they plan to separate as SemGroup exits bankruptcy. The case is In re: SemCrude LP, U.S. Bankruptcy Court, District of Delaware, No. 08-11525. (ABC News -- Wire)
Sentry Select Capital Inc. Announces Exchange Ratios for Sentry Select Canadian Income Exchange Fund May 16, 2009
1794 ---------------------------------------------------------------------------- Fort Chicago Energy Partners L.P. FCE.UN 7 ... 2040 ---------------------------------------------------------------------------- Fort Chicago Energy Partners L.P. FCE.DB.B 101. (CCNMatthews Press Releases)
Regency Energy to sell senior notes May 15, 2009
Dallas-based Regency Energy Partners (Nasdaq: RGNC) said it will use the proceeds to pay down a portion of its outstanding debt under a revolving credit facility. Reader Comments. (Dallas Business Journal, TX)
Day4 Energy Reports First-Quarter 2009 Results May 15, 2009
Day4 Energy partners with international technology leaders to develop and deliver IEC- and UL-certified solar products to customers throughout Europe and North America. Day4 Energy is listed on the Toronto Stock Exchange under the symbol "DFE". (Canada Newswire)
Oil Companies May Wait for Hedges to Expire Before Going Bargain Shopping May 13, 2009
May 12 (Bloomberg) -- Quantum Energy Partners, the Houston private-equity firm that put together a $3. 5 billion bankroll to go bargain-hunting for acquisitions after oil and natural-gas prices plunged, is waiting for a better time to pounce. (Bloomberg)
FERC issues opinion on southwest Oregon LNG pipeline May 4, 2009
William's Pacific Connector Gas Operator, a Salt Lake City firm, is proposing the project along with Pacific Gas & Electric Corp. and Fort Chicago Energy Partners. The proposed pipeline also would cross some 30 miles of national forestalled and about 40 miles of U.S. Bureau of Land Management property. (Longview Daily News, WA)
Pounce on These Marcellus Players May 2, 2009
Fortunately, Range has found MarkWest Energy Partners (NYSE: MWE) to help it add gas processing and pipeline infrastructure to support this busy program. Cryogenic plants, for example, will help Range to extract more high-valued natural gas liquids from its hydrocarbon stream. (MSNBC -- Business)
Titanium Corporation appoints new Chief Financial Officer, relocates head office to Edmonton, Alberta and grants stock options May 1, 2009
Vincent Gallant was most recently the acting Chief Financial Officer of North American Energy Partners Inc. (TSX and NYSE: NOA) where he held various positions including Vice President, Finance and Vice President, Corporate. Previously, Mr. Gallant held a number of positions, including Comptroller at Alberta Energy Company Ltd. and Controller for Edmonton Telephones. (Canada Newswire)
Holly Energy Partner's profit drops Apr 30, 2009
Dallas-based Holly Energy Partners (NYSE: HEP) posted a net income of $5. 9 million compared to earnings of $8. (Dallas Business Journal, TX)
SEC: Lawyer Traded on Client Information Apr 30, 2009
According to that complaint, Browne sold all of his shares in SemGroup Energy Partners L.P. on July 14, 2008, the day that his client informed him that SemGroup's parent company faced a $50 million margin call from one of its lenders. Browne's client was the lender, which was unnamed in the SEC complaint. (Law.com)
Holly Corporation First Quarter 2009 Earnings Release and Conference Call Apr 18, 2009
Holly also owns a 46% interest (including the general partner interest) in Holly Energy Partners, L.P. (NYSE "HEP"), which through subsidiaries owns or leases approximately 2,500 miles of petroleum pipelines in Texas, New Mexico and Oklahoma and petroleum product terminals in several Southwest and Rocky Mountain states. SOURCE Holly Corporation. (PR Newswire)
SemGroup Examiner Pins Collapse on Former Managers Apr 16, 2009
SemGroup, once the 14th-largest privately-held U.S. company and the parent of SemGroup Energy Partners LP , collapsed last year after $3. 2 billion in bad bets on oil prices. (ABC News -- Wire)
Spectra Energy Partners buys pipeline systems from Atlas Pipeline Apr 9, 2009
The system already interconnects with the Texas Eastern Transmission system operated by Houston-based Spectra Energy Partners parent, (NYSE: SE). Spectra Energy Partners (NYSE: SEP) will also control , a 365-mile natural gas gathering system located in eastern Oklahoma and western Arkansas. (Houston Business Journal, TX)
