Energy

News: Suncor Pilots Radio Frequency Oil Extraction $SU

Suncor Energy, along with its partners in the project, today announced the first radio frequency pilot for oil recovery within an in situ reservoir. The technology, Enhanced Solvent Extraction Incorporating Electromagnetic Heating (ESEIEH, pronounced “easy”), uses radio frequency to heat the reservoir and adds a solvent which facilitates the movement of the bitumen to the […]

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Earnings: Lucas Energy Reduce Losses $:LEI

Lucas Energy, Inc., an independent oil and gas company, has announced the annual results for FY-2014~15. The results shows fall in Losses by 9.4% to $5.1 Million or $0.15 per share and Total Revenues Down by 43% to $3.0 Million. Fiscal Year 2015 Highlights vs. Fiscal Year 2014 Total revenues down by 43% to $3.0 million from  $5.2 million YoY Lease operating

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News: Brookfield provides Quarterly Outlook $BEP

Brookfield Renewable Energy Partners L.P.has provided a preliminary generation outlook for the second quarter of 2015. Lower inflows in North America and South America are expected to result in hydroelectric generation of 5,101 gigawatt-hours (“GWh”), approximately 714 GWh below the long term average (“LTA”). Wind generation is expected to be below LTA in North America

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