- 08May
FREDERICTON -- New Brunswick's energy minister says he's hopeful a deal can be worked out with Enbridge Gas New Brunswick on natural gas rates. Craig Leonard's comments follow a New Brunswick Court of Appeal decision that struck down regulations that limited what the company could charge its industrial and commercial customers.
- 08May
Last time out, in December 2011, when the issuer was going to Griffiths Energy International Inc. the sole underwriter listed in the amended long form prospectus was Canaccord Genuity. This time round when the issuer is set to be Caracal Energy Inc., Canaccord Genuity is still there – though not as the lead underwriter. Instead the company that has “exclusive rights to explore and develop oil and gas reserves” in southern Chad has chosen RBC Capital Markets and Barclays Capital Canada to be the lead managers. Canaccord and FirstEnergy make up the rest of the syndicate.
- 08May
London-listed gas exploration group San Leon Energy is to buy Talisman Energy’s share of their shale gas joint venture in Poland, a source close to the deal said on Tuesday. The Canadian company and San Leon signed a joint venture agreement in 2010 to explore three Baltic Basin concessions, but Talisman said in March that it would consider quitting Poland.
- 07May
A new invention for harnessing wave power more efficiently, and plans to turn a former oil industry fabrication yard into a manufacturing site for offshore wind, are being announced today. Inventor Adamos Zakheos has formed a new company, Sea Wave Energy Ltd (SWEL) to bring to market his invention, the Waveline Magnet device, which has completed successful trials demonstrating a high level of energy conversion efficiency and a cost-effective manufacturing process.
- 07May
Analyst cites power projects announced as evidence Among various engineering branches, the largest scope was for electrical and electronics engineering (EEE) considering the tremendous growth projected in the power sector in the next 10 years, said Jayaprakash Gandhi, career consultant, at The Hindu Education Plus Career Counselling programme at the VIT University here on Sunday. With the opening up of employment avenues in nuclear energy, solar energy and biomass energy and other forms of renewable energy, EEE graduates have a good future in the next decade, he said.
- 07May
NEW YORK, N.Y. Technology created an energy revolution over the past decade — just not the one we expected. By now, cars were supposed to be running on fuel made from plant waste or algae — or powered by hydrogen or cheap batteries that burned nothing at all. Electricity would be generated with solar panels and wind turbines. When the sun didn’t shine or the wind didn’t blow, power would flow out of batteries the size of tractor-trailers.
- 07May
TORONTO, ONTARIO--(Marketwired - May 6, 2013) - Today, the Government of Ontario announced plans to review how the province plans and builds large energy infrastructure projects. Elise Herzig, President and CEO of the Ontario Energy Association had the following comment: "We applaud the Premier and Minister Chiarelli for taking leadership on this issue and recognizing the importance of advancing generation projects while still balancing the needs of individual municipalities.
- 07May
The Sierra Club found some common ground with the oil and gas industry in the Texas Legislature. The Lone Star chapter of the environmentalist organization supports bills that would use saltwater pipes to haul fracking water from drill sites to disposal wells.
- 30Apr
A deep dive into the nature and complications of alt fuels like fracked natural gas, methane hydrate, and tar sands oil
- 30Apr
Chesapeake Energy is expected to release its Q1 2013 results on May 1. We expect the firm’s quarterly results to benefit from higher natural gas prices as well as growing oil and natural gas liquids production. During the last quarter, although Chesapeake’s revenues grew by nearly 30% year-over-year to $3.53 billion, net income declined to around $300 million from around $472 million due to weak price realizations for natural gas. Here are some of the key trends that we believe will drive the firm’s results for the quarter.
