Archive for May 25th, 2009

Crude Oil Falls Below $61 on Speculation OPEC Won’t Cut Output

Monday, May 25th, 2009

May 25 (Bloomberg) — Crude oil futures fell below $61 a barrel amid speculation that OPEC won’t cut production further when it meets this week and as the U.S. dollar gained.

Source: www.bloomberg.com

Infinia Raises $14.1M for Solar Power

Monday, May 25th, 2009

Kennewick, WA-based Infinia, a maker of solar power generation technology which uses free-piston Stirling engines, has raised $14.1 million in debt financing, according to a regulatory filing. The financing looks to be part of a $50 million offering. Infinia is backed by Vulcan Capital, Khosla Ventures, and others.

Source: www.seattlepi.com

Testing the Resolve of Obama on Energy

Monday, May 25th, 2009

With climate talks in Copenhagen looming in six months, the president?s challenge of overhauling energy appears even greater than health care.

Source: www.nytimes.com

Contact gains wind farm delay

Monday, May 25th, 2009

Contact Energy has succeeded in its bid for a 12-month delay to hearings into its proposed 180-turbine wind farm near Raglan in Waikato.

Source: www.stuff.co.nz