CNOOC Ltd. (NYSE:CEO) has announced that its subsidiary, CNOOC Southeast Asia Limited, sold CNOOC ONWJ Ltd. to EMP International (BVI) Limited (”EMPI”) for consideration of approximately US$212 million . CNOOC ONWJ Ltd. holds a 36.7205% working interest in Offshore Northwest Java Production Sharing Contract (the “ONWJ PSC”) in Indonesia .

CNOOC Limited, through its subsidiaries, engages in the exploration, development, production, and sale of crude oil, natural gas, and other petroleum products.

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Avalonbay Communities Inc. (NYSE:AVB), a real estate investment trust (REIT) with multifamily apartment communities in high barrier-to-entry markets of the United States, announced the introduction of two new apartment community brands, “AVA” and “eaves.” The new brands will be offered in addition to the Company’s existing apartment community brand, “Avalon,” giving AvalonBay a broader platform to meet the distinct needs of a wider range of customers. Over time, the Company expects these new brands to comprise a significant portion of its portfolio and contribute to earnings growth.

AvalonBay Communities, Inc. engages in the development, redevelopment, acquisition, ownership, and operation of multifamily communities in the United States.

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Praxair Inc. (NYSE:PX) announced the details for its fourth-quarter earnings release and teleconference call, which will be open to the public and to the media in listen-only mode. Earnings release: Wednesday, January 25, 2012, before the market opens. Teleconference: Wednesday, January 25, 2012, 11:00 am ET.

Praxair, Inc. engages in the production, sale, and distribution of industrial gases primarily in North America, South America, Europe, and Asia.

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Cleantech Transit Inc. (CLNO)

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).

Biomass Gasification is the process in which Synthesis Gas is produced using organic wastes such as agricultural waste and urban wood waste. The Synthesis Gas is then used like any other fuel, such as natural gas, which is not a renewable fuel. The Synthesis Gas is comprised of varying amounts of carbon monoxide and hydrogen.

Cleantech Transit, Inc. (CLNO) is pleased to announce it has met its funding requirement to secure the Company’s ability to earn in 25% of the 500KW Merced Project.

The Company is in the final stages of closing its initial interest in the Merced Project and is currently working on completing the necessary documentation and expects closing the transaction soon. As previously announced Cleantech has the option to earn up to 40% of the Merced Project and the Company plans to continue to work towards increasing its interest in the Merced Project as they move ahead.

Biofuels in the solid form has been in use ever since man discovered fire. Wood was the first form of biofuel that was used even by the ancient people for cooking and heating. With the discovery of electricity, man discovered another way of utilizing the biofuel. Biofuel had been used since a very long time for the production of electricity. This form of fuel was discovered even before the discovery of the fossil fuels, but with the exploration of the fossil fuel like gas, coal, and oil the production and use of biofuel suffered a severe impact.

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