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Obama Budget to Make Wind Subsidies Permanent

In his fiscal year 2016 budget proposal, President Obama wants to make the major wind subsidy (the production tax credit or PTC as it is commonly called) permanent. For the past 23 years, the American taxpayer has subsidized wind power to the tune of tens of billions of dollars without seeing any major contribution to U.S. energy supply. In 2014, wind energy supplied less than 2 percent of total U.S. energy needs and less than 5 percent of U.S. electric power needs. That, however, has not change...

Wind Mar 4, 2015

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Obama is Key Force Behind $880M Growth in US Electric Vehicle Level 2 Charging Stations Market

The US Electric Vehicle (EV) level 2 charging stations market will surge from $67 million in 2013 to approximately $947 million by 2020, catalyzed by President Obama's target of one million EVs on US roads by 2015. The company's latest report, now available on ASDReports, states that the global market for EV level 2 charging stations will grow exponentially from an estimated $0.2 billion in 2014 to $3.5 billion by 2020.The US is currently the world's leading market, having claimed more than a...

Clean Transport Feb 24, 2015

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Virginia Hills Oil Announces The Acquisition of a Private Oil and Gas Producer

Virginia Hills Oil and Pinecrest Energy are pleased to announce that Virginia Hills and its wholly-owned subsidiary 1834163 Alberta have entered into an agreement with a private oil and gas producer pursuant to which Virginia Hills, through AcquisitionCo, will purchase all of the issued and outstanding common shares of PrivateCo for total consideration of an aggregate of 4.0 million share purchase warrants of Virginia Hills, 10,600 common shares of Virginia Hills and the assumption of approximat...

Oil and Gas Mar 4, 2015

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Power-hungry Emerging Countries Look to Nuclear Energy to Meet Demand

Emerging markets will play a major role in the expansion of global nuclear installed capacity, which will increase from 371 Gigawatts (GW) in 2013 to 517 GW by 2025, at a Compound Annual Growth Rate (CAGR) of 2.5%. The company's latest report, now available on ASDReports, states that while the world's nuclear power generation decreased in 2011 and 2012 in the aftermath of the Fukushima meltdown, the market is gradually recovering, with large-scale capacity additions expected in the Asia-Pacif...

Nuclear Feb 24, 2015

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ExxonMobil Continues Long-Term Capital Focus and Investment Discipline

Exxon Mobil expects to start up 16 major oil and natural gas projects during the next three years and is on track to increase daily production to 4.3 million oil-equivalent barrels by 2017, Rex W. Tillerson, chairman and chief executive officer, said today. "Our long-term capital allocation approach has not changed," Tillerson said at the company's annual analyst meeting at the New York Stock Exchange. "We remain committed to our investment discipline and maintaining a reliable and growing d...

Natural Gas & LNG Mar 4, 2015

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GPB 70M for Home Energy Efficiency

More people will enjoy a warmer home for less thanks to the third release from the Green Deal Home Improvement Fund (GDHIF) worth up to pound70 million. From midday, Monday 16 March, the popular scheme will open to new applications for the new release of funding, with up to pound5,600 available to households in England and Wales to help with the cost of installing certain energy saving measures such as solid wall insulation, double glazing, boilers, cavity wall and floor insulation. Energy...

General News Mar 4, 2015

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Petro River Completes Acquisition of the Havelide System Gas-to-Liquids Technology

Petro River Oil ("Petro River" or the "Company") is pleased to report that its wholly owned subsidiary Petro Spring LLC ("Petro Spring") has completed the previously announced acquisition of all the assets owned by chemical solutions provider Havelide GTL LLC ("Havelide"), including certain patents, intellectual property, trade secrets, and know-how related to Havelide's process of converting natural gas to high value liquid products, including naphtha, hydrogen peroxide, and hydrogen gas (the "...

Nuclear Mar 3, 2015

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Planned Refinery Construction and Expansion Projects to Fuel CAPEX

The global refining capital expenditure (CAPEX) is forecast to reach approximately $333 billion between 2014 and 2020, representing an annual average of almost $48 billion and 1.6 million barrels per day (mmbd). The company's latest report, now available on ASDReports, states that the total expenditures in Asia will amount to 46% of the world's total, with China at 17%, India at 12% and All Other Asia at 17%, thanks to National Oil Companies (NOCs) increasing capacity levels in China, India, ...

Feb 24, 2015

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