Energy Watch

Nice report on alternative energies: Identifying Opportunities in Alternative Energies, by Wells Fargo Bank.

In the news,

• Ivan Energy claims to have succeeded in applying its in-situ heavy oil processing technology in improving oil recovery in its Bakesfield, California, field. Its stock has been more than doubled in last couple of months.
• Rentech: It seems that the local government of the Natchez Adams County, Mississippi, is really working hard to land the Rentech's CTL project. Together with Rentech officials and banker Credit Suisse First Boston, they will make their case for state funding tommorrow before the Senate Finance Committee. They are asking for a $15 million fund to build the infrastructure for the plant. The project is said to cost over $650 millions before 2008 and will create at least 200 jobs. Rentech's stock is acting very strong.
• Syntroleum: On the other hand, Syntroleum, one of Rentech's competitors, saw its stock tanking today after it announced supposedly good news that it has created a partnership with Bluewater to use Syntroleum's GTL technology with offshore floating production storage and offloading (FPSO) vessel.