Latest energy industry Stories

SANTA CLARITA, Calif., Jan. 3, 2013 /PRNewswire/ -- U.S. ENERGY INITIATIVES CORP (OTC: USEI) today announces a partnership with Mr. Harrison A. McCoy III an individual, an Inventor and expert in certain biofuel related fields. Mr. McCoy has a twenty-five year career working in the industries of waste, alternative energy, renewable fuels, energy engineering, business development and land development. His global perspective in the energy industries and environmental regulatory...

LITTLETON, Colo., Jan. 2, 2013 /PRNewswire/ -- American Eagle Energy Corporation (OTCQX: AMZG) closed a credit agreement with Macquarie Bank Ltd on December 28, 2012 and has received $16,000,000 of the $18,000,000 total. The remaining $2,000,000 is expected to be received within 30 days following the closing of two pending acquisitions. American Eagle intends to use the funds to support further developmental drilling in its Spyglass Project in North Dakota, for the pending property...

CALGARY, Alberta, December 27, 2012 /PRNewswire/ -- Oando Energy Resources Inc. ("OER" or the "Company") (TSX: OER), a company focused on oil exploration and production in Nigeria, today announced an update regarding the damaged 10 inch Kwale-Akri oil delivery pipeline that is operated by Nigerian Agip Oil Company Limited (NAOC) and connects OER's Ebendo Field (OML 56) to the Brass export terminal (as previously disclosed on November 12, 2012). The Kwale-Akri pipeline...

LONDON, Dec. 27, 2012 /PRNewswire/ -- As the year draws to a close and Big Ben strikes twelve, many will be thinking about what positive changes they want to make for 2013. Instead of the usual 'go to the gym more', or 'cut out the booze', business electricity provider green energy uk urges people to green-up their New Year's resolutions to become even more environmentally friendly. There are numerous ways in which people can use the generic New Year's resolution to go green, both...

KYIV, Ukraine, December 27, 2012 /PRNewswire/ -- The state oil and gas company Naftogaz signed the USD 3.656 billion credit agreement with the state-owned China Development Bank to finance the program of substituting natural gas with locally produced coal. The program is aimed at improving Ukraine's energy security and alleviating dependence on foreign natural gas. The contract, guaranteed by the Ukrainian government, stipulates implementation of four separate...

BANGKOK, Dec. 24, 2012 /PRNewswire/ -- The Thailand Board of Investment has announced its support in alternative energy investment after findings have shown that demand for energy will increase by 39% within 9 years. (Logo: http://photos.prnewswire.com/prnh/20121220/HK32968LOGO ) According to the Ministry of Energy's estimation, under Alternative Energy Development Plan (AEDP 2012-2021), it has been found that in 2021, the demand for energy in Thailand will increase from 71,728...

Consumers will increase their electricity use as incomes rise, and expanding businesses will support demand for electricity as well. For these reasons, industry research firm IBISWorld has updated a report on the Coal & Natural Gas Power industry in its growing industry report collection. Los Angeles, CA (PRWEB) December 23, 2012 The Coal and Natural Gas Power industry has been steaming steadily along in the five years to 2012. Revenue is anticipated to increase at an average of 0.7%...

The OGM (formerly the Oil & Gas Magazine) re-launches TheOGM.com, a Leading Comprehensive, Global Online Platform for the Dynamic Energy Industry (PRWEB) December 21, 2012 The modern business world is ever-changing. As the global economy seems to grow faster and more interconnected year by year, one fact stands out more than any other: it all comes down to energy, especially oil and gas. This “information age” is also the “energy age,” a time in which the technologies of the...

OSLO, Norway, December 21, 2012 /PRNewswire/ -- Norway is in a special position when it comes to energy. 95% of the energy produced in Norway comes from hydropower, and the energy prices are the lowest in Europe. Despite of this, Norwegian consumers use less environmentally friendly energy. Big demand for guarantee of origin Renewable energy is in big demand in many European countries. More and more Europeans want energy with guarantee of origin. Because of this,...

MILWAUKEE, Dec. 20, 2012 /PRNewswire/ -- Telkonet, Inc. (OTC BB: TKOI), developer of the EcoSmart energy management platform featuring Recovery Time(TM) technology, is pleased to announce that the Company is expanding its EcoSmart Sales division as a result of increasing market demands for efficient energy management solutions and the escalating recognition of its EcoSmart energy management technology. (Logo: http://photos.prnewswire.com/prnh/20111011/NY83909LOGO) "The United...