Frost & Sullivan Looks at How Emission Targets are Forcing Vehicle Manufacturers to ‘Lose Weight’

LONDON - With more and more features being added to today’s vehicles, their weight has increased, resulting in higher fuel consumption. However, there is growing demand to shift from gas guzzlers to fuel sippers. Even as gasoline prices have plunged, customers have become more eco-conscious.

UAE First Country to Ratify IRENA Statute

ABU DHABI, United Arab Emirates - Leaders from five continents back UAE’s offer to world’s first international renewable energy agency

Rising Energy Demands Necessitate Capacity Additions in Oil and Gas Refineries, Finds Frost & Sullivan

MUMBAI, India - The sustained economic growth in the country over the last five years has led to a concurrent growth in energy demand across industrial, transportation, commercial, and residential sectors. Oil and gas account for 41 percent of India’s energy consumption and there is unlikely to be any significant scaling down of dependence on these fuels in the next five to ten years.

Markit & Creditex Complete General Motors Credit Event Auction as One of Five Auctions for Week of 8 June

LONDON and NEW YORK - **38 AUCTIONS COMPLETED TO DATE IN 2009**

During the week of June 8, 2009, Markit and Creditex conducted Credit Event Auctions (CEAs) to facilitate settlement of credit derivative trades referencing five global companies, including General Motors. The auctions have been used to settle transactions in connection with the defaults of 38 companies so far this year in the U.S. and Europe and are an integral part of efforts by International Swaps and Derivatives Association (ISDA) to standardize critical elements of the credit default swap (CDS) market through the “Big Bang Protocol,” which came into force on April 8, 2009.

Trane Leader Joins Forbes Chief Executives Panel in Scotland to Make Business Case for Energy Efficiency

PERTHSHIRE, Scotland - As global energy usage is projected in 2030 to have risen 60 percent from 1980, CEOs of global corporations are increasingly looking for solutions to reduce energy consumption and to build a financially-driven business case to do so.(1)

Xebec Adsorption Inc. Consolidates its Position as Global Purification Leader in the Clean Energy, Hydrogen and Renewable Natural Gas Sectors

BLAINVILLE, Quebec - Merger of Xebec Adsorption and QuestAir Technologies Completed

Xebec Adsorption Inc. (TSX: XBC) (”Xebec”), the company formed by the merger of QuestAir Technologies Inc. (”QuestAir”) and Xebec Adsorption Inc. (”Xebec Adsorption”), today announced that the previously approved statutory plan of arrangement (the “Arrangement”) involving QuestAir and Xebec Adsorption, has been completed.

Nuvera to Deliver Fuel Cell Power Systems and Hydrogen Refueling Station to H-E-B

BILLERICA, Massachusetts - Nuvera Fuel Cells announced today the sale of 14 PowerEdge(TM) fuel cell systems, along with a complete PowerTap(TM) Hydrogen Generator and Hydrogen Station, to H-E-B in San Antonio, Texas. The fuel cell units will power Class II forklift trucks used for the company’s distribution center operations. Delivery is scheduled for September, 2009. Partial funding is being provided by the Department of Energy’s hydrogen and fuel cell market transformation initiative.

ITC’s Unique Social Forestry Project Bags Carbon Credits for Poor Tribals

KOLKATA, India - The CDM Executive Board of the United Nations Framework Convention on Climate Change has confirmed the registration of ITC’s unique and large-scale social forestry project - a first of its kind in India.

EPV Solar Announces the Successful Completion of Its Private Debt Exchange Offer and Consent Solicitation Relating to Its 8% Convertible Senior Secured Notes Due 2010

ROBBINSVILLE, New Jersey - EPV Solar, Inc. (the “Company”) today announced that it has successfully completed its private offer to exchange all of its 8% Convertible Senior Secured Notes due 2010 (the “Old Notes”) for new 1% Convertible Senior Secured PIK Notes due 2016 (the “New Notes”), shares of its common stock and warrants to purchase shares of its common stock (the “Exchange Offer”), and the related consent solicitation. As part of the Exchange Offer, holders of all of the Old Notes (representing approximately US$115 million in accreted value) exchanged such notes for the Company’s New Notes, common stock and warrants. Including the US$7.5 million of New Notes sold to investors in a concurrent financing, the Company now has approximately US$48 million in aggregate principal amount of New Notes outstanding.

Endeavour to Present at Enercom London Oil & Gas Conference

HOUSTON - Endeavour International Corporation (NYSE-Amex: END) (LSE: ENDV) will participate in The London Oil and Gas Conference hosted by Enercom, Inc. on Thursday, June 18, 2009.

Oil Refineries’ Board Reiterates Approval to Establish Hydrocracker at Reduced Cost of $500 Million

HAIFA, Israel - ORL Succeeds in Reducing Cost From Original $670 Million by Leveraging Macro-Economic Environment Unit, due to be Operational by Early 2012, is Expected to Process 25,000 Barrels per day Unit Expected to Increase ORL’s Nelson Complexity Index From Current 7.4 to 9.0

Bull SAS and ffA (Foster Findlay Associates Ltd) Have Entered Into a Partnership Agreement to Deliver ffA GPU-enabled 3D Seismic Analysis Software to the Oil and Gas Community on Bull High Performance Computing Systems

AMSTERDAM - Seismic interpreters are facing a growing amount of data to interpret and the demands for computational tools to underpin the 3D seismic interpretation process throughout the E&P workflow have never been more apparent. Through use of ffA’s high performance computational software, a data driven approach to 3D seismic interpretation can provide the step change in productivity required for geoscientists to fully exploit their data and deliver more accurate interpretations of the subsurface, improved understanding of uncertainty and better quantification of risk.

Addax Petroleum Responds to Press Speculation

CALGARY, Canada - Addax Petroleum Corporation (”Addax Petroleum” or the “Corporation”) (TSX: AXC and LSE: AXC) has been made aware of press speculation involving the Corporation and the interest in it by third parties with respect to a possible acquisition or business combination. In response to that press speculation, Addax Petroleum acknowledges that it has held preliminary discussions with third parties expressing an interest in a potential transaction with the Corporation. While such preliminary discussions are ongoing, no assurance can be given that a transaction will be completed. Addax Petroleum does not intend to make further comment unless or until there is a transaction to announce.

Israel Petrochemicals Enterprises Joins Oil Refineries’ Control Group

HAIFA, Israel - Oil Refineries Ltd. (TASE: ORL.TA) (”ORL” or the “Company”), Israel’s largest oil refiner, announced today that the Israel Corporation (”Israel Corp.”) and Israel Petrochemical Enterprises Ltd. (”IPE”) have completed the signing of a joint control agreement in ORL between the Israel Corp., IPE and Petroleum Capital Holdings (fully owned by IPE) (”Petroleum”), as well as signed an addendum to the Control Agreement in the Company.

National Petroleum Construction Company Increases its use of AVEVA Plant

DUBAI, UAE - AVEVA (LSE:AVV) today announced that National Petroleum Construction Company (NPCC), a global oil & gas EPC contractor, has chosen AVEVA Plant for use on its part of the Integrated Gas Development Project - Habshan Platform Offshore Facilities (IGD-HAP) for ADMA OPCO.

Ecofin China Power & Infrastructure Fund

LONDON - Ecofin is pleased to announce the launch of the Ecofin China Power & Infrastructure Fund at the beginning of June 2009. The fund is designed to generate compelling risk-adjusted returns in greater China, building on the firm’s global expertise in infrastructure and utilities investing. The fund seeks to generate absolute returns with lower volatility than the Chinese market through dynamic portfolio construction based on macro and fundamental research.

Platts Seeks Nominations for 2009 Global Energy Awards

NEW YORK - Platts, a leading energy information provider and a division of The McGraw-Hill Companies (NYSE: MHP), is currently seeking nominations for the 11th annual Platts Global Energy Awards, which recognize excellence of companies and individuals in the global energy industry. Eighteen performance categories will be recognized. All nominations must be received by September 12, 2009 to be considered.

Frost & Sullivan’s Journey Through Growth and Investment Opportunities in the Power Generation Market Across the World

LONDON - A series of briefings with top analysts will provide an overview of the powergen sector in specific countries - The first conference will focus on Russia

Addax Petroleum and Genel Energy Commence International Export From Kurdistan Region of Iraq

CALGARY, Canada - Crude Oil From Taq Taq License Area Exported to International Markets

Addax Petroleum Corporation (”Addax Petroleum” or the “Corporation”) (TSX: AXC and LSE: AXC) today announced that, together with partner Genel Energy International Ltd. (”Genel Energy”), it has commenced the international export of oil from the Taq Taq license area. The crude oil is being trucked to the Khurmala station and is then exported to international markets via the Iraq-Turkey main export pipeline which runs to the Mediterranean port city of Ceyhan.

Amsterdam Court of Appeals Declares Shell Settlement Binding

THE HAGUE, The Netherlands - The Hague - Today, the Amsterdam Court of Appeals has declared the Non-U.S. Settlement Agreement concerning the recategorisation by Shell of certain of its oil and gas reserves binding. The agreement provides relief in the amount of US$352.6 million to qualifying non-U.S. shareholders who bought Shell shares on any stock exchange outside the United States from 8 April 1999 through 18 March 2004. The settlement amount includes a US$12.5 million payment which is to be distributed equally to all shareholders who submit a valid claim for relief, regardless of the number of shares held by the person or entity submitting a claim.

Dutch Appeals Court Orders Royal Dutch Shell to Begin Paying US$381 Million Settlement to Pan-European/Global Investor Group

AMSTERDAM - Binding declaration covers largest securities fraud settlement on record in Europe - Shell to pay foundation representing 150+ institutional investors in nineteen countries stemming from company’s prior misstatements of proven oil & gas reserves; US law firm Grant & Eisenhofer represents international investor group

Addax Petroleum Presents at Upcoming Conferences

CALGARY, Canada - Addax Petroleum Corporation (”Addax Petroleum” or the “Corporation”) (TSX: AXC and LSE: AXC) announces that Mr. Jean Claude Gandur, President and Chief Executive Officer, will be presenting at the Credit Suisse London Oil & Gas Conference 2009 on Tuesday, June 2, 2009 at approximately 2:30 p.m. British Summer Time (9:30 a.m. Eastern Time).

Update: Endeavour to Present at IPAA Oil and Gas Symposium London

HOUSTON - Endeavour International Corporation (NYSE-Amex: END) (LSE: ENDV) will participate in Oil and Gas Investment Symposium London hosted by the Independent Petroleum Association of America (IPAA) on Tuesday, June 2, 2009. The event will be held in conjunction with Credit Suisse’s London Oil and Gas Conference.

Addax Petroleum Corporation - Change to Record Date for Dividend

CALGARY - Addax Petroleum Corporation (”Addax Petroleum” or the “Corporation”) (TSX: AXC and LSE: AXC) announces that, further to the dividend declaration in the news release issued on May 13, 2008, the dividend record date has been changed to Monday, June 8, 2009. The dividend payment date of June 18, 2009 remains unchanged.

Tigo Energy Reaches Key Milestones and Raises US$10 Million ‘B’ Round Financing

LOS GATOS, California - Tigo Energy, (www.tigoenergy.com), the solar company whose unique technology significantly increases efficiency in photovoltaic solar installations, announced today that it has closed the second round of funding.

Volga Resources Raises Stake in Novatek to 18.2%

LONDON - Volga Resources SICAV-SIF S.A (”Volga”), the Luxembourg-based investment fund, announces that it has agreed to purchase 13.13% of the issued share capital of OAO Novatek (”Novatek”) from Cartagena Development Inc. which is indirectly controlled by Novatek`s management. This transaction will take Volga’s total holding in Novatek to 18.2%.

Delek Group Announces Consolidated Results for the First Quarter of 2009

TEL AVIV, Israel - Delek Group Ltd. (TASE: DLEKG.TA) (hereinafter: “Delek Group” or “The Group”) announced today reported its results for the three month period ending March 31, 2009. The full financial statements are available on Delek Group’s website at: www.delek-group.com.

Oil Refineries, Together With Delek Investment and Assets, Submits Full Tender Offer for Gadot Biochemicals

HAIFA, Israel - Oil Refineries Ltd. (TASE: ORL.TA) (the “Company”), Israel’s largest oil refiner, announced that today that on May 27, 2009, the Company, together with Delek Investment and Assets Ltd. (jointly the “Offererors”) submitted to the Israel Securities Authority, the Tel Aviv Stock Exchange and to Gadot Biochemical Industries Ltd. (hereinafter: “Gadot”) the outline for a full tender offer (hereinafter: the “Outline”), under which the Offererors turn to the shareholders of each of Gadot’s regular shares of NIS 0.1 par value each (hereinafter: the “Shares”) excluding Gadot (which holds 60,000,000 shares, which, according to section 308 of the Israel Companies Law do not grant any rights whatsoever) and excluding the Offerers themselves (hereinafter: the “Offerees”), with an offer to buy by means of a full tender offer, according to section 336 of the Israel Companies Law 1999, all their shares under the said Outline.

‘Seoul Declaration’ Adopted by Mayors of International Cities at C40 Seoul Climate Summit

SEOUL, South Korea - Mayors of major metropolitan cities around the world adopted the “Seoul Declaration” at the Third C40 Large Cities Climate Summit held last week in the capital city of Korea. Announced on the final day of the three-day Summit, the Declaration calls on major cities to convert into low-carbon areas by cutting greenhouse gas emissions to the largest extent possible. The Declaration also reaffirms the cities’ commitment to making collective efforts to combat climate change. Mayor Se-hoon Oh of the host city said at the closing ceremony that the Declaration will add momentum to the promotion of the vital roles of cities in addressing climate change.

RISI and Biomass Thermal Energy Council (BTEC) Announce Partnership Agreement

BOSTON - RISI, the leading information provider for the global forest products industry, today announced the establishment of a partnership agreement with the Biomass Thermal Energy Council (BTEC), whose mission it is to advance the use of biomass for heat and other thermal energy applications. As part of this partnership, BTEC members will receive a discount on RISI’s Wood Biomass Market Report, the only comprehensive source of market information and wood biomass feedstock pricing for the North American biomass market.

Endeavour to Present at IPAA Oil and Gas Symposium London

HOUSTON - Endeavour International Corporation (NYSE-Amex: END) (LSE: ENDV) will participate in Oil and Gas Investment Symposium London hosted by the Independent Petroleum (Association of America (IPAA) (www.ipaa.org/meetings/Default.asp?Meeting=2009-06OGISLondon) on Tuesday, June 2, 2009. The event will be held in conjunction with Credit Suisse’s London Oil and Gas Conference (www.csfb.com/conferences/).

Request for Classification of a Legal Claim as a Class Action Against Oil Refineries’ and Carmel Olefins

HAIFA, Israel - Oil Refineries Ltd. (TASE: ORL.TA) (the “Company”), Israel’s largest oil refiner, announced that on May 17, 2009 a request for the classification of a legal claim as a class action claim, as defined in Action Law - 2006 (hereinafter: the “Request”), was filed with the Haifa District Court against the Company and Carmel Olefins Ltd. (hereinafter: the “Responders”).

Growing Your Business in the Recession

TOWCESTER, England - Conference and Exhibition, Whittlebury Hall Near Towcester, Northants Friday, 12 June 2009

BPC Limited and StatoilHydro to Reopen Bahamian Energy Exploration With Offshore Joint Venture

PERTH, Australia - Venture Marks First Major Bahamian Exploration Project in 22 Years

Energy exploration company, BPC Limited (THE COMPANY: (AIM: ‘BPC’)) today announced a new offshore joint venture with Norway’s StatoilHydro (OSE: ‘STL’, NYSE: STO) to launch the first major exploration project in Bahamian waters since 1986.

The Global Green Portal Launched

NEW YORK - A worldwide green global portal, www.EcoSeed.org, was officially launched today by Global Content & Research Ltd. after a short beta launch period. The website is dedicated solely to serve the worldwide evolving “green” community and will provide worldwide access to global green news, green business, green finance and many other important green subjects.