Honda Motor Co. said Tuesday it will install a wind-power generation system at a transmission production plant in the U.S. state of Ohio, as part of efforts to promote its environmental initiatives.

Gazprom may sign a deal to purchase the Marcinelle electric station in Belgium from Enel at this week's St. Petersburg International Economic Forum (SPIEF), several industry sources told Interfax.

ENP Newswire - 18 June 2013

Release date- 17062013 - Origin Energy, on behalf of the Block 121 Joint Venture is pleased to announce that the 121-Ca Voi-1X well spudded at 0730 hours local time on 15 June 2013.

The following information was released by the Sierra Club:

On Monday, REVERB, a non-profit focused on making music tours more environmentally sustainable, launched 2013's "Last Summer on Earth" tour at the Verizon Theatre at Grand Prairie, Texas. The tour features Barenaked Ladies, Guster, and Ben Folds Five. Each of the concert venues will include an interactive and educational "Eco-Village" with tents where music fans can learn about ways to protect the environment and fight climate disruption. One of the issues that concert-goers can learn about is the risks of illegal logging and the importance the Lacey Act, a century-old piece of legislation that prohibits trade in illegally harvested timber.

Honda Motor will install a wind power electricity generation system at a transmission plant in Ohio as part of efforts to promote its environmental initiatives.

Allocation of funds for energy projects registered 100 percent increase in Punjab's annual budget for fiscal year 2013-14 to Rs 20.43 billion against Rs 10 billion during 2012-13.

TESTIMONY-BY: JEFF C. WRIGHT, DIRECTOR

AFFILIATION: FEDERAL ENERGY REGULATORY COMMISSION

Statement of Jeff C. Wright Director, Office of Energy Projects Federal Energy Regulatory Commission

Committee on House Energy and Commerce Subcommittee on Energy and Power

June 18, 2013

Mr. Chairman and Members of the Subcommittee:

My name is Jeff Wright and I am the Director of the Office of Energy Projects (OEP) at the Federal Energy Commission (FERC or Commission). I appear today as a Commission staff witness speaking with the approval of the Chairman of the Commission. The views I express are my own and not necessarily those of the Commission or of any individual Commissioner.

The Office of Energy Projects is responsible for the licensing, administration, and safety of non-federal hydropower projects; the certification of interstate natural gas pipelines and storage facilities; and the authorization and oversight over the construction and operation of on-shore and near-shore liquefied natural gas (LNG) terminals. Thank you for the opportunity to appear before you today to discuss the process which the Federal Energy Regulatory Commission uses to review applications for facilities for the export of LNG.

The Library of Congress, The Government of USA has issued the following news release:

Under clause 2 of rule XIV, executive communications were taken from the Speaker's table and referred as follows:

1876. A letter from the Director, Program Development and Regulatory Analysis, Rural Development Utilities Programs, Department of Agriculture, transmitting the Department's final rule -- Community Connect Broadband Grant Program (RIN: 0572-AC30) received June 4, 2013, pursuant to 5 U.S.C. 801(a)(1)(A); to the Committee on Agriculture.

1877. A letter from the Assistant Secretary for Special Education and Rehabilitative Services, Department of Education, transmitting the Department's final rule -- Final priority. Technical Assistance to Improve State Data Capacity--National Technical Assistance Center to Improve State Capacity to Accurately Collect and Report IDEA Data [CDFA Number: 84.373Y.] received June 6, 2013, pursuant to 5 U.S.C. 801(a)(1)(A); to the Committee on Education and the Workforce.

The Nigerian Electricity Regulatory Commission (NERC) said it will not authorise construction of the 3,050 megawatts (MW) Mambilla and 700MW Zungeru hydro power stations if the government fails to obtain appropriate operational licences for both plants obtained from it (NERC) in line with provisions of the Electric Power Sector Reform (EPSR) Act 2005.

(SeeNews Renewables) - Jun 18, 2013 - Italy's Enel Green Power (BIT:EGPW) said Monday it will sell its wholly-owned subsidiary Enel.si to Enel Energia for EUR 92 million (USD 122.8m) as part of its strategy to focus on growth and renewable plants development.

New Zealand Energy Corp. (TSX VENTURE:NZ)(OTCQX:NZERF) ("NZEC" or the "Company") is pleased to announce that it has finalized the Sale and Purchase Agreement ("SPA") to acquire strategic upstream and midstream assets (the "Acquisition") from Origin Energy Resources NZ (TAWN) Limited, a wholly-owned subsidiary of Origin Energy Limited (ASX:ORG) (collectively "Origin"), subject to meeting the financing condition precedent by August 14 and the government approval condition precedent by September 13, in order to close the Acquisition by September 20, 2013. The assets being acquired include three net Petroleum Mining Licences totaling 23,049 acres in the main Taranaki Basin production fairway (the "TWN Licences") as well as the Waihapa Production Station and associated gathering and sales infrastructure. All amounts are stated in Canadian dollars unless otherwise noted. More information regarding the Acquisition is available in the Company's Annual Information Form for the year ended December 31, 2012, which was filed today on SEDAR at www.sedar.com.

The Ontario Power Authority's Hydroelectric Contract Initiative continues to ensure that cost-effective hydroelectricity is available to meet the needs of Ontarians.

TORONTO, June 17, 2013 /CNW/ - Trent Energy Inc. today celebrated the grand opening in Peterborough of the Stanley Adamson Powerhouse, a hydroelectric project developed by Trent Energy, a subsidiary of Peterborough Utilities Inc., together with Trent University.  This marks the redevelopment and expansion of a hydroelectric facility that has been in operation since 1921.

The redevelopment and expansion project was enabled by the Ontario Power Authority's Hydroelectric Contract Initiative (HCI), a program to negotiate new contracts for qualified existing Ontario hydroelectric generation facilities, as part of the province's commitment to increase its supply of clean, renewable generation.

New Delhi: India's power regulator Central Electricity Regulatory Commission will hear the petition filed by private sector power producer Reliance Power Ltd for an unward revision in tariffs for electricity generated from its imported coal powered power plant at Krishnapatnam in Andhra Pradesh by July-end.

The following information was released by OAO Gazprom:

The document outlines a sequence of actions for proving the feasibility of constructing and subsequently operating a gas branch from South Stream to Republika Srpska as part of Bosnia and Herzegovina, as well as constructing gas-fired generating facilities in Republika Srpska.

The United States Army, The Government of USA has issued the following news release:

Thank you, Chairman Levin, Ranking Member Inhofe, and other distinguished members of the Committee for allowing us to testify today.

As we all know, today the Army has a problem. We are failing in our efforts to fully protect our people from sexual assault and sexual harassment. As the Chief of Staff of the Army, as a former commander of forces at every level, and as the parent of two sons and a daughter, the crimes of sexual assault and sexual harassment cut to the core of what I care most about -- the health and welfare of America's sons and daughters. These crimes violate everything our Army stands for and they simply cannot be tolerated.

Our military profession is built on the bedrock of trust -- the trust that must inherently exist among Soldiers and between Soldiers and their leaders in order to accomplish the difficult mission in the chaos of war. Recent incidents of sexual assault and harassment demonstrate that we have violated that trust because we have failed to address these crimes in a compassionate, just, and comprehensive way.

Greg Michaels, Chairman of SCT&E, and CEO of its subsidiary North Energy Central (NEC), spent the last week in the Dominican Republic on a highly fruitful business trip where he met with investors and financiers to discuss the US$2 billion vertically integrated energy projects. During the same trip, Mr. Michaels attended a Gas Summit and Round Table for the present and future needs of Natural Gas in the Dominican Republic and Latin America. NEC was featured in an article on the cover of "GAS Magazine Latinoamerica," a well-known industry magazine presented at the Gas Summit.

Mr. Michaels' vision of a vertically integrated gas solution was welcomed as a "breath of fresh air" by many government officials and business leaders seeking relief from the pending energy crisis facing the Dominican Republic. Recently, the cost of energy has risen dramatically for the country and the Caribbean in general. With LNG contracts secured, SCT&E has provided the Dominican Government with a real solution, answering the need for greater access to cheaper energy. Additionally, Michaels is in negotiations with various gas generation and distribution companies in the region for the purchase of the LNG contracts the company controls.

With the annual financial results announced, it seems like the right time to look at how companies have fared on different financial parameters. Here, we will be looking at the top 5 companies with the highest net worth as of FY13.

Investopedia defines net worth as the amount by which assets exceed liabilities. Net worth is a concept applicable to individuals and businesses as a key measure of how much an entity is worth. A consistent increase in net worth indicates good financial health as also net worth may be depleted by annual operating losses or a substantial decrease in asset values relative to liabilities. In the business context, net worth is also known as book value or shareholders' equity.

Dubai, June 13 -- MARC has assigned a rating of AA-IS to Tanjung Bin O&M Berhad's (formerly known as Sterling Asia Berhad) (Tanjung Bin O&M or the Issuer) RM470.0 million Islamic Securities (Sukuk Wakalah or Sukuk) with a stable outlook.

A US House of Representatives committee has approved a new energy bill that's expected to widen the country's offshore oil and natural gas production.

As well as the Offshore Energy and Jobs Act, the committee has also passed two other bills, the National Petroleum Reserve Alaska Access Act and the Young's Native American Energy Act.