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PECO Lowering Natural Gas Rates Nearly 19% Dec. 1

PECO will lower its natural gas rate by 18.8 percent for its 484,000 natural gas customers in the Philadelphia suburbs, effective December 1. An average residential heating customer uses 160 ccf (or hundreds of cubic feet) ...

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November 25, 2008

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Oregon Heating Oil Customers Get Price Relief as Economy Falters

For Oregonians who use home heating oil, the struggling economy has delivered at least one bright spot: heating bills are dropping along with the temperatures.  Crude oil prices, which reached a record high of $145 a ...

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November 16, 2008

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Amiworld Reaches Agreement to Supply Biodiesel and Petroleum Diesel

Amiworld, an international energy company engaged in the production and distribution of diversified fuel products and services with a focus on emerging global economies, today announced it has reached ...

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November 13, 2008

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Kentucky USA Energy Commences Drilling Two Additional Wells

Kentucky USA Energy, an early stage natural gas exploration and production company, announced today that the Company has commenced drilling at two additional well locations on its leasehold in ...

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November 8, 2008

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Chevron Reports Third Quarter Net Income of $7.9 Billion, Up From $3.7 Billion in Third Quarter 2007

Chevron Corporation (NYSE:CVX) today reported net income of $7.9 billion ($3.85 per share – diluted) for the third quarter 2008, compared with $3.7 billion ($1.75 per share – diluted) a year earlier. For the first nine ...

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November 1, 2008

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Fluor Wins Sibur Gas Processing Expansion Project in Russia

Fluor Corporation announced today that the company was awarded an engineering, procurement and construction management (EPCM) contract by the Sibur Group, one of Russia’s leading petrochemical companies, for a ...

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October 21, 2008

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T. Boone Pickens Statement on Meeting with Sarah Palin

Below is a statement issued by T. Boone Pickens following his meeting today with Governor Sarah Palin in Dallas, Texas: “I was pleased to meet with Governor Palin today to discuss ...

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October 5, 2008

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ExxonMobil’s Methanol to Gasoline (MTG) Technology Selected for Synthesis Energy Systems’ Coal to Liquids Projects

ExxonMobil Research and Engineering Company (EMRE) announced that it has entered into an agreement with Synthesis Energy Systems (SES) that provides SES the option to execute up to fifteen Methanol to ...

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September 30, 2008

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Address by the President

Below is a full transcript of the President's address to the nation regarding the current energy crisis. Good morning. Before they left Washington for their August recess, Congress failed to take action on an issue that is currently of great concern to Americans: high prices at the gas pump. The fundamental reason ...

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August 25, 2008

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APS Seeks Renewable Distributed Energy Resources

APS is seeking business proposals for power aggregators who can deliver at least 1,500 megawatt hours from distributed energy systems (generators located at or near customers). Sources include roof-top solar electric systems, small windmills, biogas, biomass, geothermal, hybrid wind, renewable natural gas and hydropower technologies. The goal is to increase the ...

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August 15, 2008

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