Posts Tagged ‘California’

Denham Capital Invests an Additional $108 Million in Geothermal Developer Vulcan Power Company

February 3rd, 2010

BEND, Ore. & BOSTON–(BUSINESS WIRE)–Vulcan Power Company (“Vulcan”), a developer of geothermal energy projects, and Denham Capital, an energy- and commodities-focused private investment firm, announced today that an affiliate of Denham Capital has invested $108 million in preferred and common stock of Vulcan. This is the second equity investment in Vulcan by such Denham Capital [...]

Wheatstone Project Welcomes New Partners on LNG Trains 1 and 2

October 22nd, 2009

SAN RAMON, Calif.–(BUSINESS WIRE)–Chevron Corporation (NYSE: CVX - News), through its subsidiaries Chevron Australia Pty Ltd and Chevron (TAPL) Pty Ltd, announced that it signed an agreement with Apache Julimar Pty Ltd, a subsidiary of the Apache Corporation (NYSE: APA - News), and KUFPEC Australia (Julimar) Pty Ltd, a subsidiary of the Kuwait Foreign Petroleum [...]

Willbros to Present at D.A. Davidson Eighth Annual Engineering & Construction Conference

September 11th, 2009

HOUSTON, TX–(Marketwire - 09/11/09) - Willbros Group, Inc. (NYSE:WG - News) announced today that Management will present at the D.A. Davidson Eighth Annual Engineering & Construction Conference in San Francisco to be held September 17 - 18, 2009.
The presentation will take place on Friday, September 18, 2009, at 7:45 a.m. Pacific Time (9:45 a.m. Central [...]

‘Green’ energy rules weighed

September 11th, 2009

Lawmakers stuck on details of bills that would up renewable requirement to 33 percent.
SACRAMENTO — In one of their final acts of this session, state lawmakers today will consider increasing the requirements for California’s use of renewable energy — a move that could have a direct impact on the “green” efforts in the Coachella Valley.
Two [...]

German Geothermal Project Leads to Second Thoughts After the Earth Rumbles

September 11th, 2009

LANDAU IN DER PFALZ, Germany — Government officials here are reviewing the safety of a geothermal energy project that scientists say set off an earthquake in mid-August, shaking buildings and frightening many residents of this small city.
The geothermal plant, built by Geox, a German energy company, extracts heat by drilling deep into the earth. Advocates [...]

Palo Alto Investors, LLC Comments on Canadian Superior Annual and Special Meeting

September 10th, 2009

PALO ALTO, Calif.–(BUSINESS WIRE)–Palo Alto Investors, LLC (“Palo Alto”) today expressed its ongoing support of Canadian Superior Energy Inc. (TSX, NYSE: SNG - News News) and its new strengthened Board of Directors. New Directors Kerry R. Brittain, Marvin M. Chronister, Dr. James Funk, Dr. William Roach, and Gregory G. Turnbull were elected at today’s annual [...]

Chevron Announces First Oil From Tombua-Landana Project

September 10th, 2009

SAN RAMON, Calif.–(BUSINESS WIRE)–Chevron Corporation (NYSE:CVX - News) announced today that its subsidiary, Cabinda Gulf Oil Company Ltd. (CABGOC) and its partners, commenced crude oil production at the Tombua-Landana project located 50 miles (80 kilometers) offshore Angola.
Located in approximately 1,200 feet (366 meters) of water in Block 14, the $3.8 billion development is expected to [...]

SDG&E Moves Forward With Major Renewable Energy Hub

August 11th, 2009

Building on its commitment to pursue renewable power, San Diego Gas & Electric (SDG&E) today announced plans to develop electrical infrastructure in east San Diego County that will connect within the company’s existing power network. The new infrastructure will expand the company’s capability to deliver clean energy to its customers, while reducing the region’s dependence [...]

Northern Oil and Gas, Inc. Closes $13.5 Million Registered Direct Common Stock Offering

June 30th, 2009

Northern Oil and Gas, Inc. (NYSE Amex: NOG) (”Northern Oil”) today announced that it has closed on its previously-announced registered direct offering of 2,250,000 shares of its common stock at $6.00 per share, resulting in gross proceeds of approximately $13.5 million. C.K. Cooper & Company acted as lead placement agent on the transaction.
Northern Oil expects [...]

Bonanza Oil & Gas Announces Updates on Apclark Project

June 30th, 2009

-Bonanza Oil and Gas, Inc. (OTCBB:BGOI - News), an independent oil and gas company, is pleased to provide an update on its Apclark project located in Borden County, TX.
Westerly Exploration, operator for the Apclark Field, moved on location June 12, 2008 for the Jackson #1. The well was prepared for a re-stimulation of producing zones [...]