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SoCal Edison, First Solar ink deals for big solar projects
Southern California Edison on Tuesday said it signed deals with First Solar Inc.
Topix.net Wednesday, August 19, 2009

Shell, Jordan oil deal comes into effect
Jordan's Natural Resource Authority (NRA) has said that the product-sharing agreement with Royal Dutch shell oil Company went into effect on Sunday, and that the Jordan Oil Shale Company B.V. is now setting up offices and ordering equipment in order to start shale exploration activities within the next nine months, The Jordan Times has reported. Following three years of exploration, the firm will enter a four-year evaluation stage to determine the feasibility of the initiative, which calls for Shell's patented In-situ Conversion Process. Shell is expected to invest $340m in the project and pay the government $150m over the various stages of the scheme.
AME Wednesday, August 19, 2009

AKO inks GCC water MoU
UAE-based AKO Holding has signed a memorandum of understanding with US-based S2C Global Systems, an exporter of natural water and supplier of water distribution technologies, according to Businesswire website. The MoU provides for the sale of billions of gallons of bulk water, the company's distribution technology and the supply of receiving/packaging facilities in Saudi Arabia, Qatar, Bahrain, Yemen, Kuwait, Oman, United Arab Emirates, Jordan, Libya, Syria, Egypt and Kazakhstan.
AME Wednesday, August 19, 2009

Total signs Fujairah storage deal
French oil giant Total has signed a deal to lease fuel storage at the UAE port of Fujairah as it seeks to expand its fuel oil business into East Africa, Reuters has reported citing trading sources. The lease was signed by Total's international trading arm Totsa to take between 75,000-100,000 cubic metres of storage for residual fuel oil, according to the sources.
AME Wednesday, August 19, 2009

Energy workers gather to slam climate change measure
The message was clear to the 3,500 people attending the Energy Citizens rally in downtown Houston Tuesday: stop the climate change bill expected to come before the Senate this fall.
Houston Chronicle Wednesday, August 19, 2009

Exxon Mobil says state official lacks oil-well facts
Exxon Mobil Corp. said Tuesday that Texas Land Office Commissioner Jerry Patterson has no independent facts to support allegations that the company sabotaged wells it abandoned.
Houston Chronicle Wednesday, August 19, 2009

Gulf Coast especially vulnerable as refiners hit hard times
The Gulf Coast could be the biggest loser in a shakeout of the U.S. refining business that some analysts and industry executives view as inevitable in coming years.
Houston Chronicle Wednesday, August 19, 2009

FPL rate hike request generates criticism
The state's largest electric companies say it's time to raise your rates. After nearly 25 years without increasing basic rates for electricity, Florida Power & Light and progress energy have asked state regulators to charge customers about 30 percent more beginning in January.
Topix.net Wednesday, August 19, 2009

Gulf Coast vulnerable as refiners hit hard times
The Gulf Coast could be the biggest loser in a shakeout of the U.S. refining business that some analysts and industry executives view as inevitable in coming years.
Houston Chronicle Wednesday, August 19, 2009

Acciona Closes Financing for 123-MW Wind Project
Acciona announced yesterday the closing of two simultaneous project finance transactions -- a tax equity and a debt transaction -- which, in combination with sponsor equity from Acciona will provide long-term funding for the approximately $252 million capital investment in the company's 123-MW Red Hills Wind Farm that went online this spring.
Renewable Energy World Wednesday, August 19, 2009

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