TransCanada Corporation received the support of the Alaska Legislature to award the company a license for the Alaska Pipeline Project under the Alaska Gasline Inducement Act (AGIA).
“The Legislature’s decision represents a significant milestone in advancing this major natural gas pipeline project to connect stranded U.S. natural gas reserves to Alaskan and Lower 48 consumers. We [...]
NovaGold Resources Inc. announced that it has reached a binding agreement to sell 100% of its NovaGreenPower subsidiary for up to $40 million to AltaGas Ltd., a Calgary based energy infrastructure company. NovaGreenPower owns several development-stage run-of-river hydroelectric projects located in northwest British Columbia.
The transaction is expected to close later today, with payment to NovaGold [...]
Frost & Sullivan presented General Cable with the 2008 North American Frost & Sullivan Award for Growth Excellence in the Energy Cables market. The Award recognizes General Cable for serving a diverse set of customers, with wide ranging applications, on a truly global scale.
The company has achieved consistent growth in the world interconnects space – [...]
The East Coast has a greater risk than usual of being hit by a hurricane this year, according to the latest forecast from AccuWeather.com
The private forecasting company expects a dozen named storms in 2008, with a relatively high number making landfall. “Our forecast is that two or three storms will bring at least tropical storm [...]
A revival of the coal industry in Wales was put forward as a possibility by Peter Hain today.
The Secretary of State for Wales said: “Fossil fuels are going to provide us with the bulk of our energy for the foreseeable future, coal included, so if we are going to tackle the urgent problem of climate [...]
Energy industry executive Paul Prager and Natural Gas Partners (”NGP”), the leading investment franchise in the energy industry, today announced that they have entered into an agreement to acquire the domestic independent power production and power development business units of MDU Resources Group, Inc. in a transaction valued at $636 million. The business being [...]
Rep. Charles “Doc” Anderson, R-Waco, on Wednesday introduced legislation calling for the Texas Commission on Environmental Quality to place a six-month moratorium on permit approval for new coal plants in Texas.
Power companies plan to build 18 new coal plants in Texas, including 11 planned by Dallas-based TXU Corp. Nine of the proposed plants are in [...]
Southeast Supply Header, LLC (SESH) has signed three additional shippers to long-term contracts, bringing total commitments to nearly 1 billion cubic feet per day (Bcf/d), the initial proposed capacity on the new natural gas pipeline system that is anticipated to be in service by summer 2008.
Southern Company, Tampa Electric Company and EOG Resources, Inc., [...]
The Chin Chute Wind Power Project, a 30-megawatt joint venture project between Acciona Wind Energy Canada Inc., Enbridge Income Fund, and Suncor Energy Products Inc., is now operational and sending electricity to the Alberta Interconnected Electric System. The $60 million facility is located 20 kilometres southwest of Taber.
Although turbine and substation construction were completed in [...]
Democratic gubernatorial nominee David Hahn on Wednesday presented a plan to create a renewable energy industry in the state.
Heading his list of “alternative, sustainable, renewable†energy sources in Nebraska was wind power.
“Wind offers a great opportunity†for generation of electricity,†Hahn told a news conference at the State Capitol.
“Wind power could actually become an energy [...]
