NOV Mono(R) and Water For All Bring Clean Water to Rural African CommunitiesJOHANNESBURG - NOV Mono(R), a worldwide leader in the design and manufacture of pumping systems, and Water For All, a non-governmental organisation that provides access to clean drinking water to schools and communities across Africa, have partnered to provide green solutions to the world water crisis. Great Design Projects Have Real Economic ValuePOOLE, England - The historic English seaside town of Weymouth has been scuppered by SWRDA, (Design Week 24) Weymouth has been lead up the garden path. Encouraged to apply for government funding to regenerate its seafront and then to be refused at the eleventh hour. The opportunity to create a magnificent urban regeneration spectacular to be ready when the world spotlight shines on Weymouth at the Sailing Olympics has been thrown away. Zeta is a digital agency that started out in Weymouth. Demand Response Can Lower U.S. Peak Demand by 20 Percent If Barriers Can Be Overcome According to Study Led by The Brattle GroupCAMBRIDGE, Massachusetts - A report filed today with the U.S. Congress and prepared by a team of economists led by The Brattle Group finds that full-scale deployment of demand response programs can lower U.S. peak demand by 20 percent. The report was commissioned by the Federal Energy Regulatory Commission (FERC). 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. ‘Poo Power’ Gets the Green LightMANCHESTER, England - First Use of Biogas to Supply UK Gas Grid - With Photo The people of Manchester will soon be contributing to a green energy revolution - just by flushing the loo! Trane Leader Joins Forbes Chief Executives Panel in Scotland to Make Business Case for Energy EfficiencyPERTHSHIRE, 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) Energy-Efficient Lighting Products Boost Revenues in South Africa, Frost & Sullivan RevealsCAPE TOWN, South Africa - Although the South African lighting equipment market is highly price sensitive, innovative lighting technologies are creating new opportunities for suppliers. These new technologies will see the value of the market more than triple over the next five years. Frost & Sullivan: US Driving Smart Meter Growth While UK Lagging BehindLONDON - The market for smart meters in Europe although nascent is expected to be more of a ‘push’ market. It is primarily driven by legislations and by the need to handle the increasing demand for electricity that has far exceeded the grid’s capacity. Most of the utilities have been forced to improve their measurement and monitoring network structure. And the most proactive of them all is the Italian Electricity Company Enel Spa with around 33 million meters installed to date. Endeavour to Present at Enercom London Oil & Gas ConferenceHOUSTON - 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. Elderly Left Without Meals on Wheels as Council Funding is StretchedMELKSHAM, England - A new study carried out by home meals service Oakhouse Foods has revealed that meals on wheels provisions in many areas of the UK are being dropped or made more expensive as councils struggle with budgets. Hannover Leasing Acquires Three SunEdison PV Systems in SpainMADRID - SunEdison Will Operate the Systems, With Combined Capacity of 4.3 MW, Under a Long-Term O&M Agreement The European Solar Thermal Systems Market Set to Double, Says Frost & SullivanLONDON - The market for solar thermal systems (STS) in Europe has witnessed significant developments at all levels in the last four years. Policy makers, market participants and end users have shown a keen interest in STS, ensuring a high growth potential. Due to its tremendous long-term growth prospects, this market has attracted several new participants that are playing a central role in promoting the industry. Frost & Sullivan: Recession is Boosting Sustainable Water & Wastewater Treatment Technology MarketsLONDON - The global economic slowdown has created huge opportunities for sustainable water & wastewater treatment technologies. These opportunities can be found in key areas such as energy efficiency, waste reduction, resource recovery as well as water reuse and recycling. The market is growing day by day and it promises to become a fully mainstream feature of the water market in the years to come. Smart Meters to Lead Energy Revolution, Says British GasWINDSOR, England - Every household in Britain could reduce its energy use, cut carbon emissions and save money as a result of smart meters, says Britain’s largest energy supplier. Centrica in Agreement To Acquire a Stake in Gas Development Block in Trinidad for Future LNG SuppliesWINDSOR, England - Centrica plc, the parent company of British Gas, today announced it has reached an agreement with Canadian Superior Energy Inc. (TSX:SNG) under which Centrica could acquire a 45 per cent interest in gas development Block 5(c), located off the south east coast of Trinidad, for US$142.5 million (GBP87 million) in cash. The agreement is subject to pre-emption rights from the existing field partners and subject to approvals from the Trinidad Government and Canadian courts. The block is operated by BG Group, which holds a 30 per cent stake. Mergers and Acquisitions Define the European Waste Management Market, States Frost & SullivanLONDON - The European waste management market is a billion dollar market with plenty of activity taking place in the competitive structure as growth opportunities are defined by value-added services offered in the market. A key feature of the market has been the growing number of mergers and acquisitions (M&As), with over 20 key M&As having occurred in the last three years. Indian Low and Medium Voltage Switchgear Markets to Rebound by 2010, Driven by Demand from Various Segments, Says Frost & SullivanMUMBAI, India - Given the current economic situation, growth of the Indian low voltage (LV) and medium voltage (MV) switchgear markets is expected to comparatively slow down in 2009. By 2010, however, the market is expected to pick up, driven by demand from utilities, infrastructure, and industrial, residential, and commercial user segments. Update: Endeavour to Present at IPAA Oil and Gas Symposium LondonHOUSTON - 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. Tigo Energy Reaches Key Milestones and Raises US$10 Million ‘B’ Round FinancingLOS 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. Endeavour to Present at IPAA Oil and Gas Symposium LondonHOUSTON - 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/). Switch-On at Europe’s Largest Onshore Windfarm Powering 180,000 Homes, as Planning Consent is Granted to Power a Further 70,000GLASGOW, Scotland - GBP300 Million Windfarm Will Power 180,000 Homes - Further Extensions Could Create up to 300 Green Collar Jobs and Bring Installed Capacity up to 600 MW - Iberdrola Renovables, the World’s Leading Wind Power Developer With Nearly 9,700 MW of Installed Capacity, Considers Scotland and the UK Core Markets in its Current and Future Growth Plans - With Photos BPC Limited and StatoilHydro to Reopen Bahamian Energy Exploration With Offshore Joint VenturePERTH, 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. National Grid - CEO Interviewed on Preliminary ResultsLONDON - National Grid, the international electricity and gas company, today announced preliminary results for the year ended 31 March 2009. Endeavour Closes Sale of Norwegian SubsidiaryHOUSTON - Endeavour International Corporation (Amex: END) (LSE: ENDV) today announced it has closed the sale of its Norwegian subsidiary, Endeavour Energy Norge AS, to VNG- Verbundnetz Gas AG, for the total consideration of USD $150 million. Frost & Sullivan: Offshore Wind Energy Set to Boom in the Next Few YearsLONDON - The ability of offshore wind to significantly contribute to the renewable energy targets of 2020 in Europe is spurring governments to support and encourage the sector. As the onshore market continues to grow in certain regions and move slowly towards saturation in others, offshore wind is expected to form a greater part of the pie from the meagre 2% that it is now. Onshore wind will always occupy a major share of the wind energy market. However, Frost & Sullivan expects offshore wind to grow from an insignificant part of the pie to a more substantial contributor of electricity generated from wind by 2020. According to Frost & Sullivan estimates, installed capacity of offshore wind is expected to grow from 1,276 MW in 2008 to 18,769 MW by 2015. EX-E4B Marketer Joins ‘Make it Cheaper’LONDON - Make It Cheaper (www.makeitcheaper.com), the price comparison and switching service for businesses, has appointed Lynette Havenga Stokes as Marketing Manager. Frost & Sullivan: The US and China Threaten the European Solar SupremacyLONDON - Increased competition and the global economic crisis have cast clouds upon the Western European solar energy market. Falling polysilicon and solar module prices have the potential to cement China’s role as a solar manufacturing hub. In terms of installed capacity, the United States is playing a greater role as more and more states are putting the renewable energy standards into existence. Despite these market developments and the current economic crisis, the future of Europe’s solar energy market continues to appear bright as new emerging markets within Europe may turn into strong performers. Electricity Sectors in Angola and Mozambique are Ripe for Investment, Says Frost & SullivanCAPE TOWN, South Africa - The majority of the infrastructure in Angola and Mozambique was severely devastated during their respective civil wars. Efforts to rapidly improve these economies have revealed the fragility of their infrastructure, and it is therefore of crucial importance to allocate adequate resources to accelerate the reconstruction of their electricity backbones. Frost & Sullivan: Increasing Demand for Nuclear Energy Generates Vital PartnershipsLONDON - The nuclear power generation sector is experiencing a surge of interest, leading to a variety of partnerships and collaborations which are changing the face of the industry. With as many as 250 nuclear projects in the global pipeline, component and equipment manufacturers are collaborating to meet the increased global demand; whereas different Engineering, Procurement and Construction (EPC) contractors and utilities are working closely to share investment costs as well as minimise any potential delays. Given the heightened interest in the nuclear industry, alliance building opportunities along the nuclear value chain are increasing. Cost of Field Development Projects to Decline 12-13 Percent Year-On-Year in 2009OSLO - ODS-Petrodata has recently revised its MSS Cost Index for field development projects based on a worsening outlook for the global economy, commodity prices and contractor margins. Opportunities in Crisis: Frost & Sullivan Unpacks What CEOs Should Know About Africa’s Electricity SectorCAPE TOWN, South Africa - A majority of African countries is currently experiencing acute power shortages. This is leading to rolling blackouts and load shedding. Endeavour Announces First Quarter Financial and Operating Results for 2009HOUSTON - Endeavour International Corporation (NYSE-Amex: END) (LSE: ENDV) today reported discretionary cash flow for first quarter 2009 of US$23.4 million and adjusted earnings before interest, taxes, depreciation and amortization (adjusted EBITDA) of US$17.9 million. For the period, net loss to common stockholders, excluding the impairment charge caused by falling natural gas prices of US$29.4 million, unrealized gains on derivatives and currency impacts on deferred taxes (net loss, as adjusted), was US$2.2 million as compared to a loss of US$4.7 million in the same quarter in 2008. The Future of Solar Technology in Buildings: Fast and Strong Growth When Recession Is OverLONDON - Frost & Sullivan web conference on BIPV and Solar Thermal Heating Systems during and beyond the economic downturn Far East Energy Announces 2009 Annual Meeting and Management Staff AdditionHOUSTON - Far East Energy Corporation (OTC Bulletin Board: FEEC) announced today that its 2009 Annual Meeting of Stockholders will be held on Wednesday, July 15, 2009, at 10:00 a.m., local time, at the Hilton Houston North, 12400 Greenspoint Drive, Houston, Texas. The Board of Directors have established Wednesday, June 3, 2009, as the record date for determining stockholders of record entitled to notice of, and to vote at, the 2009 Annual Meeting of Stockholders. Endeavour Schedules 2009 First Quarter Earnings Conference CallHOUSTON - Endeavour International Corporation (NYSE-Alt: END) (LSE: ENDV) will host a conference call to discuss its 2009 first quarter financial and operating results on Friday, May 1, 2009 at 9 a.m. Central Daylight Time, 3 p.m. British Summer Time. |
